South America Portable Electric Vehicle Charger Market Size, 2018-2030, By Current Type (USD Million)
Synopsis
The above chart is South America Portable Electric Vehicle Charger Market Size, 2018-2030, By Current Type (USD Million)
Market Dynamics
the electric vehicle market in south america has been growing steadily in recent years, with more consumers opting for environmentally friendly and cost-effective transportation options. as the demand for electric vehicles increases, there is a growing need for portable electric vehicle chargers in the region.
portable electric vehicle chargers are compact and convenient charging devices that allow electric vehicle owners to charge their vehicles on-the-go. these devices are especially popular in urban areas, where consumers may not have access to a fixed charging station in their homes, or in remote areas where charging infrastructure may be lacking.
one of the main factors driving the demand for portable electric vehicle chargers in south america is the increasing adoption of electric vehicles. according to a report by bloomberg new energy finance, electric vehicle sales in the region are expected to reach 2 million units by 2025, compared to just over 17,000 units in 2017. this surge in sales is expected to drive the demand for portable electric vehicle chargers, as more consumers realize the need for convenient charging options.
another factor contributing to the demand for portable electric vehicle chargers is the lack of charging infrastructure in many parts of south america. as electric vehicles become more popular, there is a need for more charging stations and infrastructure to support them. however, governments and private companies in the region have been slow to invest in charging infrastructure, leaving many electric vehicle owners with limited options for charging their vehicles. portable electric vehicle chargers offer a solution to this issue, allowing consumers to charge their vehicles wherever and whenever needed.
the current types of portable electric vehicle chargers available in south america include ac chargers and dc chargers. ac chargers are more commonly used and are suitable for everyday charging needs, such as charging a vehicle overnight at home or at the office. dc chargers, on the other hand, provide a faster charging option and are ideal for on-the-go charging or emergency situations.
in conclusion, the demand for portable electric vehicle chargers in south america is expected to continue to grow as the region embraces electric vehicles and consumers look for convenient and accessible charging options. this presents an opportunity for manufacturers and suppliers to cater to this growing market and provide innovative and effective portable electric vehicle charging solutions.