Portable EV Charger Market to hit $335.2B
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The EV charging industry with significant growth of charging infrastructure, including the portable EV charger market. Moreover, governments worldwide are actively promoting the adoption of electric mobility as part of their efforts to combat climate change and reduce green-house gas emission across multiple regions.
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Furthermore, introduction of advanced technology such as wireless portable EV chargers and others are boosting the growth of the portable EV charger market. Wireless chargers offer flexibility, enabling users to charge their vehicles effortlessly in various locations without the need for fixed charging stations. However, the slower charging of these chargers compared to dedicated charging stations making them less practical for long journeys is restraining the market.
Asia-Pacific region holds the dominating share in the portable EV charger market during the forecast period, due to the increasing government initiatives to promote electric vehicles adoption in countries.
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