US Portable Electric Vehicle Charger Market Size, 2018-2030, By Current Type (USD Million)
Synopsis
The above chart is US Portable Electric Vehicle Charger Market Size, 2018-2030, By Current Type (USD Million)
Market Dynamics
the market for portable electric vehicle chargers in the united states has been steadily expanding in recent years. this growth can be attributed to several factors, including an increase in the adoption of electric vehicles, government initiatives promoting the use of clean energy, and advancements in technology.
currently, the us portable electric vehicle charger market is dominated by level 2 chargers, which make up the majority of the market. these chargers operate at a higher voltage than level 1 chargers, allowing for faster charging times. level 2 chargers are also more versatile, as they can be used for both residential and commercial charging. with the growing popularity of electric vehicles, it is no surprise that level 2 chargers are the most popular choice among consumers.
however, there has been an increasing demand for level 3 chargers, also known as dc fast chargers, in recent years. these chargers operate at an even higher voltage, allowing for much faster charging times. this is especially beneficial for electric vehicle owners who are on the go and need to charge their vehicles quickly. level 3 chargers are typically found in public locations such as shopping centers, rest areas, and highways, making them a convenient option for electric vehicle users.
in terms of current type, there is a growing demand for ac chargers in the us portable electric vehicle charger market. these chargers use alternating current to charge electric vehicles and are more commonly found in residential settings where level 1 and level 2 chargers are used. ac chargers are typically less expensive and easier to install compared to dc chargers, making them a popular choice for consumers.
on the other hand, dc chargers, which use direct current to charge electric vehicles, are gaining traction in the market. this can be attributed to the increasing popularity of all-electric vehicles, which require faster charging times. dc chargers are also more efficient, as they do not require an on-board charger in the vehicle, reducing the overall cost and weight of the vehicle.
in conclusion, the us portable electric vehicle charger market is witnessing a steady growth, driven by the increasing adoption of electric vehicles and advancements in technology. while level 2 chargers remain the most popular choice among consumers, there is a growing demand for level 3 chargers in public locations. the market is also seeing a shift towards ac chargers in residential settings and dc chargers for all-electric vehicles, highlighting the diverse needs of consumers in this growing industry.