Global Portable Solar Charger Market was valued US$ xx Mn in 2019 and the total revenue is expected to grow at 18.63 % through 2020 to 2027, reaching US$ Mn.
Global Portable Solar Charger Market Overview:
The quest for environment-friendly products, especially in established countries like U.S. & Germany as a result of rising awareness associated to the depletion of energy resources is estimated to fuel demand for eco-friendly products with portable solar chargers during the forecast period. Growing penetration of smartphones, tablets, & portable electronic devices, joined with shifting customer preference towards sustainable energy resources, is estimated to make huge opportunities for portable solar chargers during the forecast period.
Growing participation in outdoor activities like hiking, Cross Country Running, & Camping thanks to increasing awareness about healthy lifestyle is anticipated to increase the portable solar charger market development. Growing the usage of off-grid energy resources to expand the total functionality of rural areas in developing courtiers is anticipated to fuel the usage of portable solar chargers during the forecast period.
According to the MMR study, at least 110 Mn public live without access to grid electricity in city areas of Africa. Supportive government initiatives, together with growing penetration of solar lights & other products like batteries, especially in Africa, are expected to fuel the adoption of these portable chargers during the forecast period.
By application, individual application segment held a major share of 62.5 percent in 2019. Now a days, people are progressively moving towards the on-the-go eco-friendly products, including solar chargers, because of the rising awareness concerned to the reduction of energy resources. As an effect, these portable solar chargers are gradually gaining popularity among the hikers, mountaineers, & bikers to charge their mobile phones & cameras with electric switches around.
The number of bikers traveling worldwide is always growing to cement their love for riding. This trend has stimulated many tour planners to roll out riding tours outside the country. Also, several bike manufacturers are presenting tour packages internationally to endorse their brands. Also, outdoor activities like hiking & mountaineering are incessantly growing, especially in the U.S. & Europe. To fulfill the energy necessity, key players have introduced a solar backpack, which is equipped with a solar charger. Such trends are anticipated to encourage the adoption of these solar portable chargers during the forecast period.
By region, Asia Pacific emerged as the major regional market in 2019 on account of rising product visibility, especially in India, Bangladesh, & Indonesia. In 2019, India held a prominent share in the regional market owing to supportive government initiatives to offer energy access to people not connected to the electric grid. Also, growing the acceptance of a portable solar panel by the military to deliver electricity access at remote locations is projected to provide development opportunities for these portable chargers during the forecast period.
The Middle East & Africa are expected to increase at the fastest CAGR of 22.39 percent from 2019 to 2027. Numerous government organizations along with World Bank, International Finance Corporation, & Global Off-Grid Association have started supportive initiatives to deliver people with off-grid solar power. Since 2010, the total off-grid solar segment sold around 130 Mn devices. The organizations have given grants on the solar lamp, torch, batteries, & lanterns. Also, mobile phones are penetrating the African market at a major rate, which is anticipated to boost the market for a solar portable charger.
Global Portable Solar Charger Market 1
The objective of the report is to present a comprehensive analysis of the Global Portable Solar Charger Market including all the stakeholders of the industry. The past and current status of the industry with forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes Market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Portable Solar Charger Market dynamics, structure by analyzing the Market segments and project the Global Portable Solar Charger Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Portable Solar Charger Market make the report investor’s guide.
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Global Portable Solar Charger Market, By Type
• Small Portable Charger.
• Foldable Portable Charger.
• Backpack Solar Charger.
Global Portable Solar Charger Market, By Component
• Solar Charger Controller
Global Portable Solar Charger Market, By Application
Global Portable Solar Charger Market, by Region
• North America
• MEA & Africa
• Latin America
Global Portable Solar Charger Market Key Players
• HQST (Canada)
• Goal Zero (U.S)
• Go Power (Canada)
• Acopower (U.S)
• Voltaic Systems(U.S)
• EMPO-NI off grid solutions (Germany)
• Anker Innovations Limited (U.S)
• Suntactics (U.S)
• Powertraveller International Ltd (U.K)
• Ice Tech
• Solio Solar Battery Products
• Goal Zero
• Poweradd official
• Philips Lighting Holding B.V
• Solartab Limited
• Solar Frontier K.K
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