Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 235.1 Million | USD 1999.66 Million | 23.9% | 2023 |
According to Zion Market Research, the global Portable Solar Charger Market was worth USD 235.1 Million in 2023. The market is forecast to reach USD 1999.66 Million by 2032, growing at a compound annual growth rate (CAGR) of 23.9% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Portable Solar Charger industry over the next decade.
Factors related to environmental concern such as reducing carbon emission and increasing consumer awareness are driving the growth of solar powered products. Companies and consumers are looking for solar products, as only renewables sources of energy will be used after the replenishment of non- renewable source of energy. Further, clean energy products have various advantages over the traditional energy product. These advantages are expected to bolster the market of portable solar powered products. Apart from this, features such as renewable and environment friendly energy are expected to increase the demand for solar products in the near future.
In this fast-paced mobile world, power has become a necessity. Nowadays, mobile phones are treated as lifelines and assist in keeping connected to the world. To keep this lifeline functional power is required. Traveling in remote or rural locations where there is no electricity or during times of power cuts enhances the need for a handy portable solar mobile charger. Solar energy sources are abundant and all around us. A portable solar charger uses solar energy to supply electricity to devices or batteries. This device uses small solar panels to provide energy.
A portable solar charger is widely used to power various electronics using solar energy. Solar chargers are generally made up of solar panels and thin films that assist in converting sunlight into electricity to be used for electronic devices. These devices are lightweight and are easy to use and convenient to carry almost anywhere. However, a portable solar charger is considered the desired option and proves to be an eco-friendly solution in daily life.
The portable solar chargers have the following features they are small, wearable and handy thus can easily carried by the consumers; it offers portability and enhances the mobile applications of the product which results in the quality end user experience. This fact is driving the growth of the portable solar charger market. The portable solar charger makes use of the non-renewable energy sources making it eco-friendly and it does not emit any type of toxic substances as the energy used by the charger is from the sun’s energy. This leads to an increased adoption of the portable solar chargers. Majority of the solar portable chargers make use of solar energy only, thus restricting its application in the night as there are chances of the energy draining out. Another factor that limits the growth of the portable solar chargers is they are unable to absorb 100% of energy which is provided by the sun.
Report Attributes | Report Details |
---|---|
Report Name | Portable Solar Charger Market |
Market Size in 2023 | USD 235.1 Million |
Market Forecast in 2032 | USD 1999.66 Million |
Growth Rate | CAGR of 23.9% |
Number of Pages | 110 |
Key Companies Covered | Cobra, Solio Solar Battery Products, Goal Zero, Poweradd Official, Philips Lighting Holding B.V., Solartab Limited, Solar Frontier K.K., Emponi, and Anker Technology Co. Limited |
Segments Covered | By Panel Type, By Product Type And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical diversification of the global portable solar charger market includes North America, Asia Pacific, Western Europe, the Middle East and Africa, Latin America, and Eastern Europe. Among all the regions, it is North America that dominates the global portable solar charger market which is followed by Europe and Asia Pacific region. The increased adoption of the wearable products in the regions such as Asia Pacific and Europe increases the demand for the portable solar charger market.
The portable solar charger makes use of the solar energy from the sun in order to provide energy. There are some types of portable solar chargers available in the market that consists of the electronic wall outlet. The portable solar charger consists of different panels and functions over silicon. The portable solar chargers are used for the storage of the power or the energy.
The portable solar charger Fuse 6W Solar Charger is a very good option. The specifications of this solar charger are as follows its capacity is 4000 mAh, the output is 1 USB (1A), the weight of the device is 1.3 pounds, and the solar panel has thecapacity 6.15 Watts. The unit has a universal attachment system that completes with a set of interlocking clips.
The global market for the portable solar charger is fragmented into its panel type and product type. Based on the panel type, the global market is segregated into mono-crystalline solar chargers, amorphous solar chargers, poly-crystalline solar chargers, and hybrid solar chargers. Based on the type of the portable, the market is divided into fold out portable solar chargers, small portable solar chargers, and backpack portable solar chargers.
Portable Solar Charger Market: Competitive Players
The key market players that are involved in the portable solar charger market include-
Portable Solar Charger Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
global Portable Solar Charger Market was worth USD 235.1 Million in 2023. The market is forecast to reach USD 1999.66 Million by 2032,
growing at a compound annual growth rate (CAGR) of 23.9% during the forecast period 2024-2032.
The largest share of the Portable Solar Charger Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
Cobra, Solio Solar Battery Products, Goal Zero, Poweradd Official, Philips Lighting Holding B.V., Solartab Limited, Solar Frontier K.K., Emponi, and Anker Technology Co. Limited
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