Europe Portable Electric Vehicle Charger Market Size, , By Current Type

the electric vehicle (ev) industry in europe has witnessed significant growth in recent years, driven by increasing awareness about environmental concerns and government initiatives to promote clean energy. as a result, the demand for portable electric vehicle chargers in the region has also been on the rise. portable electric vehicle chargers are compact and portable devices that allow drivers to charge their evs on-the-go, without the need for dedicated charging stations. these chargers come in different current types, such as alternating current (ac) and direct current (dc), each catering to different charging needs of evs. in europe, the demand for portable electric vehicle chargers is mainly driven by the increasing sales of evs in the region. according to the european association of automobile manufacturers, in 2019, ev sales in the eu reached a record high of 584,000, a 44% increase from the previous year. this trend is expected to continue as the eu has set ambitious targets to reduce emissions and promote the use of clean energy. the ac current type segment dominates the european portable electric vehicle charger market, accounting for the largest share. this can be attributed to the widespread availability of ac charging infrastructure in the region. ac chargers are also more affordable and can be easily installed in homes and public areas, making them convenient for ev owners. on the other hand, the dc current type segment is also expected to witness significant growth due to the increasing adoption of fast-charging technology in the region. dc chargers are relatively more expensive, but they offer faster charging and are ideal for long-distance travel. this makes them a preferred choice for commercial and fleet evs. the market for portable electric vehicle chargers in europe is highly competitive, with the presence of both established players and new entrants. these companies are investing in research and development to develop innovative products and gain a competitive edge. they are also focusing on partnerships and collaborations with ev manufacturers and government bodies to expand their market share. in conclusion, the portable electric vehicle charger market in europe is poised for significant growth in the coming years. the increasing sales of evs in the region and government initiatives to promote clean energy will continue to drive the demand for these chargers. the availability of different current types will cater to the diverse needs of ev owners, making it a lucrative market for businesses to tap into.