Market drivers include roadside assistance and on-demand
charging, emergency deployments, site evaluation, and an
alternative to permanent installation
BOULDER, Colo.,
May 23,
2024 /PRNewswire/ -- A new report
from Guidehouse Insights provides an overview of the
mobile EV charger market, including charging vehicles, portable
chargers, and temporary chargers.
The growing number of plug-in EVs (PEVs) on the road will
require a robust EV charging ecosystem. Most early adopters of PEVs
have satisfied their charging needs with home chargers, but as PEV
adoption increases so will the need for public charging solutions.
According to a new report from Guidehouse Insights, strong growth
is expected in the market for mobile EV chargers over the next
decade, with revenue from mobile EV chargers estimated to reach
$2.4 billion by 2033.
"Mobile EV charging can address gaps in the charging ecosystem
and provide a flexible nonpermanent charging solution that
complements permanent chargers," says Jason
Pandich, research analyst with Guidehouse Insights.
"Utilizing mobile EV chargers can help avoid costly grid upgrades
associated with permanent installation, while allowing users to
utilize the battery for charging during time of peak demand instead
of using power from the grid."
Because mobile EV chargers can be easily transported to a
location and operate without a permanent grid connection, they can
be utilized for on-demand and roadside assistance. They can also be
deployed on a semipermanent basis to help satisfy short-term
demand, provide charging during emergency situations, or evaluate
the commercial viability of a potential site for permanent
chargers.
Despite their advantages, mobile EV chargers are still a
developing market that faces challenges from other potential
technologies. New developments in battery technologies that extend
vehicle range and reduce charging times could challenge the
commercial viability of mobile charging solutions. Other
competition could come from technologies like vehicle-to-vehicle
(V2V) power transfers or battery-integrated chargers, according to
the report.
The report, Mobile EV Chargers, includes analyses from
2024 to 2033 for the sales and revenue of mobile EV chargers
segmented by technology: charging vehicles, portable chargers, and
temporary chargers. Revenue projections for each technology are
segmented into battery and non-battery components. The potential
battery capacity for new mobile EV charger sales and the total
population of deployed chargers are also included. An executive
summary of the report is available for free download on the
Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the
dedicated market intelligence arm of Guidehouse, provides research,
data, and benchmarking services for today's rapidly changing and
highly regulated industries. Our insights are built on in-depth
analysis of global clean technology markets. The team's research
methodology combines supply-side industry analysis, end-user
primary research, and demand assessment, paired with a deep
examination of technology trends, to provide a comprehensive view
of emerging resilient infrastructure systems. Additional
information about Guidehouse Insights can be found
at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global
provider of consulting services to the public sector and commercial
markets, with broad capabilities in management, technology, and
risk consulting. By combining our public and private sector
expertise, we help clients address their most complex challenges
and navigate significant regulatory pressures focusing on
transformational change, business resiliency, and technology-driven
innovation. Across a range of advisory, consulting, outsourcing,
and digital services, we create scalable, innovative solutions that
help our clients outwit complexity and position them for future
growth and success. The company has more than 16,000 professionals
in over 55 locations globally. Guidehouse is led by seasoned
professionals with proven and diverse expertise in traditional and
emerging technologies, markets, and agenda-setting issues driving
national and global economies. For more information, please visit
www.guidehouse.com.
* The information contained in this press release concerning
the report, Mobile EV Chargers, is a
summary and reflects the current expectations of Guidehouse
Insights based on market data and trend analysis. Market
predictions and expectations are inherently uncertain and actual
results may differ materially from those contained in this press
release or the report. Please refer to the full report for a
complete understanding of the assumptions underlying the report's
conclusions and the methodologies used to create the report.
Neither Guidehouse Insights nor Guidehouse undertakes any
obligation to update any of the information contained in this press
release or the report.
For more information, contact:
Cecile Fradkin for Guidehouse
Insights
+1.646.941.9139
cfradkin@scprgroup.com
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SOURCE Guidehouse Insights