India Portable Electric Vehicle Charger Market Size, , By Type

Synopsis
The above chart is India Portable Electric Vehicle Charger Market Size, 2018-2030, By Type (USD Million)

Market Dynamics

india is at the forefront of innovation and sustainability, with the introduction of electric vehicles (evs) being a prime example. in recent years, the demand for evs has increased significantly due to rising concerns over air pollution and depleting fossil fuels. however, one of the major concerns for ev users in india has been the availability of charging infrastructure. to address this issue, the market for portable electric vehicle chargers has gained traction in the country. portable electric vehicle chargers, also known as level 1 chargers, are designed for at-home charging of evs. these chargers are connected to a standard power outlet and can provide charging at a rate of 2-5 miles per hour. this makes them ideal for overnight charging, as they can fully charge an ev in 8-12 hours. portable chargers are compact, lightweight, and easy to use, making them a convenient option for ev owners who do not have access to dedicated ev charging stations. the india portable electric vehicle charger market is primarily driven by the growing adoption of evs in the country. the government of india has set ambitious targets for ev sales, with an aim to have 30% of all vehicles on indian roads to be electric by 2030. this vision has been further supported by various policy initiatives, such as the faster adoption and manufacturing of hybrid and electric vehicles (fame) scheme, which provides incentives for the purchase of evs and charging infrastructure development. another factor contributing to the demand for portable electric vehicle chargers is the increasing availability of ev models in the indian market. major automakers, both domestic and international, have started offering evs in india, providing more options for consumers looking to switch to electric mobility. on the other hand, the high cost of evs and lack of charging infrastructure in certain areas have been hindering the growth of the portable ev charger market. however, with the government's continued efforts and private players investing in charging infrastructure, these challenges are expected to be addressed in the near future. in conclusion, the india portable electric vehicle charger market is witnessing significant growth and is poised for further expansion in the coming years. the demand for these chargers is expected to continue to rise as more consumers adopt evs, and the government continues to support the transition towards sustainable mobility.