Report Code: A16119 | Pages: NA | Jul 2023 | 1294 Views | ||
Author(s) : Roshan D | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Portable Solar Chargers Market
Request Now !Portable Solar chargers are typically used to charge batteries or provide electricity to gadgets using solar energy. They are generally portable and can charge lead acid or Ni-Cd batteries with a capacity of up to 48 V and 4000 mAh. The majority of solar chargers are powered solely by the sun, although some can also be charged by electronic devices. Solar chargers are made up of solar panels and thin films that convert sunlight into electricity that can be utilized by electronic devices. Mono-crystalline solar chargers, Poly-crystalline solar chargers, amorphous solar chargers, and Hybrid solar chargers are classed based on the type of panels utilized. Solar chargers are generally silicon-based; however there are a variety of solar panels available, including tiles, films, and lights. The key drivers propelling the market for a portable solar charger include supportive initiatives by organizations such as the International Finance Corporation, Global Off-Grid Association, and World Bank on providing energy access to people who are not connected to the electric grid.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
New product launches to flourish the market
The demand for a compact portable solar charger is likely to increase. The key element driving the market for these chargers is the increasing penetration of solar lamps, batteries, and other appliances, notably in India and Africa. Furthermore, increased mobile phone coverage in rural areas around the world is projected to generate chances for these types of businesses in the coming years.
Over the forecast period, the foldable portable solar charger is expected to grow at the fastest rate. Because these chargers are easy to transport and small in weight, they are acquiring a lot of favor among military and civilian users. Furthermore, the US and Indian governments are likely to enhance their usage of off-grid solar power to give electricity to outside troops. Furthermore, as the use of electronic equipment in the defense industry grows, demand for a foldable solar charger is projected to rise.
Portable solar charger sales are boosted by adventurers
The need for solar energy on-the-go has grown dramatically in recent years. Consumer spending on high-priced battery packs has switched to low-cost solutions such as portable solar chargers. Campers already account for more than 80% of portable solar charger end-users, and their importance is likely to grow.
Portable solar chargers have been popular among adventure and sports fans looking for off-grid options. The market for solar portable chargers has seen an increase in the number of companies entering the industry as a result of its image as a cost-effective power source. The global portable solar charger market is expected to increase as a result of these factors.
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Questions Answered in the Report
Portable Solar Chargers Market Report Highlights
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Key Market Players | Company9, Company8, Company5, Company7, Company10, Company2, Company4, Company1, Company3, Company6 |
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