The global portable solar charger market size is anticipated to reach USD 1.7 billion by 2025, according to a new report by Radiant Insights, Inc., expanding at a CAGR of 21.3% over the forecast period. Shifting consumer inclination towards on-the-go environmental friendly products due to increasing awareness related to depleting energy resources is a main factor driving the sales of portable solar charger over the forecast period. Moreover, government bodies in India and Africa provide subsidies on rechargeable products such as lanterns, lamps, torch, and batteries in order to increase energy access to people not connected to electric grid. In addition, increasing penetration of mobile phones in the rural parts of Africa and India is expected to create huge opportunity for these chargers in upcoming years.
Small portable solar charger held a leading market share in 2018. The foldable segment is anticipated to expand at the fastest CAGR of 22.0% over the forecast period. The U.S. military is increasingly shifting towards renewable energy resources in order to reduce its dependency on oil energy, which is expected to increase adoption of solar panel and chargers in upcoming years. Moreover, increasing use of various electronic surveillance equipment by military is expected to boost demand for the foldable solar chargers over the forecast period.
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The individual segment held a leading share of 69.5% in 2018. Increasing participation in outdoor activities such as hiking, biking, and mountaineering, especially in developed countries, is expected to provide growth opportunity for these types of chargers. The number of bikers traveling globally is continuously increasing to cement their love for riding. This trend has encouraged many tour organizers to roll out riding tours outside India. In addition, many bike manufacturers are hosting tours internationally to promote their brands.
Asia Pacific emerged as the largest regional market in 2018 on account of growing product visibility, especially in India, Bangladesh, and Indonesia. Moreover, government organizations including the World Bank, International Finance Corporation, and Global Off-Grid Association have undertaken supportive initiatives to increase energy access to remote areas and villages with off-grid solar power. North America is anticipated to expand at a CAGR of 20.9% from 2019 to 2025. This growth is attributed to increasing product penetration, coupled with rising popularity of adventurous outdoor activities on account of increasing awareness related to maintaining a healthy life.
Further key findings from the report suggest:
• U.S. is a leading country in the North America market, expanding at a CAGR of 20.8% from 2019 to 2025. The market is driven by shifting preference towards environment friendly products including solar chargers
• The portable solar charger market in Europe is expected to reach USD 385.5 million by 2025
• Asia Pacific held the largest market share in 2018 owing to rise in product availability. India held more than 25.0% share of overall revenue in 2018 on account of rising popularity of solar charger among residential users
• The global market is highly competitive in nature due to presence of companies including Goal Zero, Voltaic Systems Systems, EMPO-NI off-grid solutions, Anker Innovations Limited, Instapark, Suntactics, X-DRAGON, Renogy, and Powertraveller International Ltd.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Portable Solar Charger Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Portable Solar Charger Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Portable Solar Charger Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. Small Portable Solar Charger
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Foldable Solar Charger
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.4. Backpack Solar Charger
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Portable Solar Charger Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2018 & 2025
6.2. Individual
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Defense
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Continued…
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n today’s fast moving world, people are adopting on-the-go friendly products and with growing awareness of depletion of energy sources, there is a hike in the demand for environment friendly based gadgets.
Factors such as these are driving the manufacturers to come up with innovative solutions with efficient and affordable energy saving products.
The rising sales of smartphones, tablets, cameras and other electronic gadgets combined with the inclination of consumers towards the clean energy are the major reasons which are creating huge opportunities for the portable solar charger players to introduce their products in the market which is further believed to supplement the growth of the global portable solar charger market with a CAGR of 13.2% over the period 2017-2023.
Moreover, various government initiatives and rising consumer awareness is believed to supplement the growth of the global portable solar charger market to flourish its way up from USD 20,498.4 Million in 2016 to a significant market valuation of USD 47,913.3 Million by the end of 2023.The global portable solar charger market is divided into product type and end-user, out of which, the product type is further segmented into solar trickle, clamshell, folding and backpack solar chargers.
Among these segments, the clamshell solar charger segment held the dominant share in 2016 and is believed to remain highest in upcoming years.
Moreover, these chargers are ideal for charging multiple devices at a time.Increasing Popularity of Efficient Energy Products to Escalate the Demand for Portable Solar Chargers in FutureThe global portable solar charger market is thriving on the back of growing demand for portable, convenient and time saving power products around the globe.Technology Development – The high adaptability and encouragement of new technologies in developed regions is penetrating the market for portable solar chargers.Environment and Energy Saving Concerns – The consumer electronic industries are transitioning from non-renewable energy products to renewable energy products due to environmental concerns such as global warming and pollution.Request Sample Pages@ https://www.researchnester.com/sample-request-1196Government Initiatives – Portable solar products are expected to witness growth owing to the various government initiatives combined with increasing consumer awareness regarding the use of solar power products.Industry Players’ are Progressing towards Minimizing the Barriers faced by the Global Portable Solar ChargerMarketAccording to Research Nester, the lack of awareness related to renewable resources in under-developed countries is envisioned to hinder the growth of the global portable solar charger market across the globe.Lower Operating Capacity – The portable solar chargers have lower efficiency and limited operating capacity.Lack of Solar Energy Policies – The lack of supportive solar energy policies and regulations in under-developed countries is believed to discourage the market growth.Grab PDF Sample Research Report at: https://www.researchnester.com/sample-request-1196The report titled “Global Portable Solar Charger Market Outlook: Industry Demand Analysis & Opportunity Assessment 2016-2023″ delivers detailed overview of the global portable solar charger market in terms of market segmentation by the product type, end-user and by region.Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.This report also provides the existing competitive scenario of some of the key players of the global portable solar charger market which includes company profiling of Philips Electronics, Cobra Electronics, SolarTab, Poweradd, Solio, Solar Frontier, GoalZero, Anker, Suntrica and Empo-Ni.The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
It provides information on the market’s essential aspects such as top participants, factors driving Portable Solar Charger market growth, precise estimation of the Portable Solar Charger market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market.
Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain.
The report presents a broad assessment of the market and contains solicitous insights, historical data, and statistically supported and industry-validated market data.
The report offers market projections with the help of appropriate assumptions and methodologies.
Further, the report conducts an intricate examination of drivers and restraints operating in the market.
The report also predicts the influence of different industry aspects on the Portable Solar Charger market segments and regions.Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry.
KD Market Insights provides in-depth analysis in its upcoming report titled Global Portable Solar Charger Trends, Applications, Analysis, Growth, and Forecast to 2025.
The Portable Solar Charger market report covers a thorough analysis of the fundamental factors driving the variations in growth patterns in the industry.
The scope of the study encompasses both regional and country-level market research.The objective of this study is to strategically analyze each market segment in relation to the individual growth trend and their contribution to the Portable Solar Charger Market in order to optimize return on investment (ROI) by providing consistent information required for informed business decisions.
The major focus areas of the report include in-depth analysis of Porter’s five forces, PESTLE analysis, company market share analysis, market segment analysis using market attractiveness and BPS analysis representation.Get sample report@ https://www.kdmarketinsights.com/sample/3355The study delivers analytical and comprehensive information on the numerous main players operating in the global market, their finances, trends in the supply chain, technological advances, key developments, acquisitions & mergers, and the market presence of different players.
The study also highlights the major challenges and threats that businesses could face due to the unprecedented outbreak of COVID-19 and provides strategies that can be adopted in order to survive in the situation of COVID-19.A comprehensive competitive overview, including market share and company profiles of key players operating in the global market, is covered in the report.
Following are the major companies:- Philips Electronics- Cobra Electronics- SolarTab- Poweradd- Solio- Solar Frontier- Goal Zero- Anker- Suntrica- empo-NI- Others Major and Niche PlayersFollowing are the key segments covered in the report:Based on (By Panel Type), the global Portable Solar Charger market is categorized as:- Mono-Crystalline Solar Chargers- Poly-Crystalline Solar Chargers- Amorphous Solar Chargers- Hybrid Solar ChargersBased on (By Product Type), the global Portable Solar Charger market is categorized as:- Solar Trickle Charger- Clamshell Solar Charger- Folding Solar Charger- Backpacks Solar ChargerBased on (By End User), the global Portable Solar Charger market is categorized as:- Individual Consumers- Military Application- OthersBased on region, the global Portable Solar Charger market is segmented into:North America (U.S. & Canada)Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)Latin America (Brazil, Mexico, and Rest of Latin America)Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa)Get Complete Research Report with TOC@ https://www.kdmarketinsights.com/product/3355/portable-solar-charger-marketThe Following are the Key Features of Global PORTABLE SOLAR CHARGER Market Report:Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain AnalysisGrowth Drivers and Barriers, Market Trends & Market OpportunitiesPorter’s Five Forces Analysis & Trade AnalysisMarket Forecast Analysis for 2019-2025Market Segments by Geographies and CountriesMarket Segment Trend and ForecastMarket Analysis and RecommendationsPrice AnalysisKey Market Driving FactorsPortable Solar Charger Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.Why Choose KD Market Insights?Driven by a team of vibrant industry experts, best-trained analysts and consultants from the industry.Committed to assist clients by providing them with comprehensive, value- added solutions and professional market intelligence services.In-depth analysis of facts acquired with actionable perspectives.Strong morals and ethics in presenting the data.Get Discount report@ https://www.kdmarketinsights.com/discount/3355About Us:KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services.
