Portable Solar Charger Market : Demand For Implementation Of Renewable Energy To Aid Market Expansion

Portable Solar Charger Market Overview

According to a research survey conducted by ChemView Consulting, in 2022, the Global Portable Solar Charger Market was worth US$ 315.8 Mn and is expected to grow at a CAGR of 14.3% over the forecast period. The market is expected to hit US$ 1,201.9 Mn by 2032 end. From 2017–2021, when the market’s CAGR was 11.8%, the market underwent significant growth.

The Portable Solar Charger market is rapidly expanding due to the growing demand for the implementation of renewable energy sources to reduce the need for non-renewable energy resources. Innovative technological developments in renewable energy resources, such as solar, drive this growth.

ChemView Consulting has analyzed that Portable Solar Charger seeks significant demand, such as reducing carbon emission and increasing consumer awareness are driving the growth of solar-powered products. To make a better choice for your energy, you should know about the environmental concern. Solar power is one of them.

The main factors contributing to increased Solar power products, such as chargers and lights, are growing in popularity. The main reason is that consumers and businesses are becoming more aware of how their products impact the environment. The above factors are likely to increase global demand for Portable Solar chargers.

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Segments Covered in Report

By Panel Type

  • Mono-Crystalline Solar Chargers
  • Amorphous Solar Chargers
  • Poly-Crystalline Solar Chargers
  • Hybrid Solar Chargers

By Portability

  • Small Portable
  • Foldable
  • Backpack

By Application

  • Defense
  • Commercial
  • Transportation
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Portable Solar Charger Market

  • Based on the panel type, the Single Phase Hybrid segment is expected to have 40.0% of consumption for Portable Solar chargers.
  • Based on the application,the defense application segment is predicted to expand at the fastest CAGR of 21.8% during the forecast period, driven by supportive government initiatives to increase the use of solar power for large military buildings and remotely located troops and equipment.
  • Asia-Pacific is projected to dominate the Portable Solar Charger market with a market share of 8% during the forecast period due to high consumption from the region’s stringent end-use industries.

Competition Summary

Key companies covered in the market study are Solartab Limited, Solio Solar Battery Products, Philips Lighting Holding B.V, Cobra, SOLAR FRONTIER K.K., Goal Zero, Anker Technology Co. Limited, Poweradd Offcial, and EMPONI.

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Report Key Highlights

  • Detailed information on factors that will assist Global Portable Solar Charger’s growth during the next ten years
  • Assessment of the historical and current Global Portable Solar Charger Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving worldwide Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. 70% of the largest Forbes 1000 enterprises are our clients. We serve global clients across leading & niche market segments across Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

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