What is Global Mode 3 Portable Charging Gun Market?
The Global Mode 3 Portable Charging Gun Market refers to the market for portable charging devices specifically designed for electric vehicles (EVs). These charging guns are essential tools for EV owners, allowing them to charge their vehicles conveniently at various locations. Mode 3 charging guns are known for their efficiency and safety features, making them a popular choice among EV users. They are compatible with different types of electric vehicles, including pure electric vehicles (PEVs) and plug-in hybrid electric vehicles (PHEVs). The market for these charging guns is growing as the adoption of electric vehicles increases worldwide. Factors such as government incentives, environmental concerns, and advancements in charging technology are driving the demand for Mode 3 portable charging guns. These devices are designed to be user-friendly, portable, and capable of delivering fast charging, making them an essential accessory for EV owners. The market is characterized by a variety of products from different manufacturers, each offering unique features and specifications to cater to the diverse needs of EV users.
National Standard Charging Gun, European Standard Charging Gun, American Standard Charging Gun in the Global Mode 3 Portable Charging Gun Market:
The Global Mode 3 Portable Charging Gun Market includes various types of charging guns based on different regional standards, namely the National Standard Charging Gun, European Standard Charging Gun, and American Standard Charging Gun. The National Standard Charging Gun, primarily used in China, adheres to the GB/T standard, which is the national standard for electric vehicle charging in China. This standard ensures compatibility and safety for EV users in the region. The European Standard Charging Gun, also known as the Type 2 connector, follows the IEC 62196 standard. It is widely used across Europe and is known for its versatility and ability to support both single-phase and three-phase charging. This standard is favored for its robust design and widespread acceptance among European EV manufacturers and users. The American Standard Charging Gun, commonly referred to as the SAE J1772 connector, is the standard for electric vehicle charging in North America. This standard is known for its reliability and ease of use, making it a popular choice among EV users in the United States and Canada. Each of these standards has its unique features and specifications, catering to the specific needs and preferences of EV users in different regions. The National Standard Charging Gun is designed to meet the high demand for electric vehicles in China, offering fast and efficient charging solutions. The European Standard Charging Gun is favored for its compatibility with a wide range of electric vehicles and its ability to support high-power charging. The American Standard Charging Gun is known for its user-friendly design and widespread availability, making it a convenient option for EV users in North America. The Global Mode 3 Portable Charging Gun Market is characterized by a diverse range of products that cater to the specific needs of EV users in different regions, ensuring that they have access to reliable and efficient charging solutions.
Pure Electric Vehicle, Plug-In Hybrid Electric Vehicle in the Global Mode 3 Portable Charging Gun Market:
The usage of Global Mode 3 Portable Charging Gun Market in Pure Electric Vehicles (PEVs) and Plug-In Hybrid Electric Vehicles (PHEVs) is significant and growing. Pure Electric Vehicles, which rely entirely on electric power, require efficient and reliable charging solutions to ensure they can travel long distances without interruption. Mode 3 portable charging guns provide a convenient and fast charging option for PEV owners, allowing them to charge their vehicles at home, work, or public charging stations. These charging guns are designed to deliver high-power charging, reducing the time required to charge the vehicle and ensuring that PEV owners can quickly get back on the road. The portability of these charging guns makes them an ideal solution for PEV owners who need to charge their vehicles on the go. Plug-In Hybrid Electric Vehicles, which combine an internal combustion engine with an electric motor, also benefit from the use of Mode 3 portable charging guns. PHEV owners can use these charging guns to charge the electric battery of their vehicles, allowing them to maximize the use of electric power and reduce their reliance on gasoline. This not only helps to reduce fuel costs but also contributes to lower emissions and a smaller carbon footprint. Mode 3 portable charging guns are designed to be compatible with a wide range of PHEVs, ensuring that owners have access to reliable and efficient charging solutions. The convenience and efficiency of these charging guns make them an essential accessory for PHEV owners, allowing them to charge their vehicles quickly and easily. The growing adoption of PEVs and PHEVs is driving the demand for Mode 3 portable charging guns, as more and more vehicle owners seek reliable and efficient charging solutions. The versatility and portability of these charging guns make them an ideal choice for both PEV and PHEV owners, ensuring that they have access to convenient and fast charging options wherever they go.
Global Mode 3 Portable Charging Gun Market Outlook:
The global Mode 3 Portable Charging Gun market was valued at US$ 381 million in 2023 and is anticipated to reach US$ 473.5 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030. This market outlook indicates a steady growth trajectory for the Mode 3 Portable Charging Gun market over the next several years. The increasing adoption of electric vehicles worldwide is a significant factor driving this growth. As more consumers and businesses transition to electric vehicles, the demand for efficient and reliable charging solutions, such as Mode 3 portable charging guns, is expected to rise. These charging guns offer a convenient and fast charging option for electric vehicle owners, making them an essential accessory in the growing electric vehicle market. The projected growth in the market value reflects the increasing importance of electric vehicle charging infrastructure and the role of Mode 3 portable charging guns in supporting this infrastructure. The steady CAGR of 3.2% indicates a consistent demand for these charging solutions, driven by factors such as government incentives, environmental concerns, and advancements in charging technology. As the market continues to grow, manufacturers are likely to invest in research and development to enhance the features and capabilities of Mode 3 portable charging guns, ensuring that they meet the evolving needs of electric vehicle owners.
| Report Metric | Details |
| Report Name | Mode 3 Portable Charging Gun Market |
| Accounted market size in 2023 | US$ 381 million |
| Forecasted market size in 2030 | US$ 473.5 million |
| CAGR | 3.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Bull Group, ORICO Technologies, Yonggui Electric, China Aviation Optical-electrical Technology, Ruivanda, Shenzhen Busbar Sci-Tech, Kangni New Energy, Suzhou Yeeda New Energy Technology, Shenzhen EN Plus, Shanghai Zhida Technology |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
