Solar Radio Market Scope
Solar radio is a simple radio powered by solar cells. It has been observed that the demand for solar radio is increasing due to the emergence of new radio channel stations and increasing new launches and technological advancement in the operating market. Additionally, an online platform such as Amazon.com is supplementing the growth of the market as it offers a wide range of products from different manufacturers and filters for better selection. However, smart mobile phones and tablets are the key major alternative present in the operating market and high cost associated with solar radio due to its solar panels and solar cells are the factors that have been limiting the overall growth of the market.
The market study is being classified by Type (Analog Solar Radio and Digital Solar Radio) and major geographies with country level break-up.
The Vendors having a strong hold in the market are Eton Corporation, Kaito Electronics, Stansport, SolaDyne, Excalibur Products. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Solar Radio market throughout the predicted period.
Eton Corporation (United States), Kaito Electronics Inc. (United States), Stansport Inc. (United States) and SolaDyne (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Solar Radio market by Type, Application and Region.
On the basis of geography, the market of Solar Radio has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Direct Sale (Offline, Online) will boost the Solar Radio market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobility , the sub-segment i.e. Fixed will boost the Solar Radio market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Popularity for Radios due to New Shows including Recipe Shows, DJ party Shows and Others
- Increasing Sales of Solar Radio due to an Emergence of Online Platform
- Increasing Demand due to an Emergence of New Radio Channel Stations
- Increasing new launches and Technological Advancement in the Operating Market
- Increasing Demand from the Asian Countries for Solar Radio due to the Increasing Promotional Activities by the Established Key Players
- Rising Awareness for Clean Energy Products across the World
- Presence of Alternative in the Operating Market
- High Cost Associated with Solar Radio due to its Solar Panels and Solar Cells
- Fluctuation in the Prices of the Raw Material
- Intense Competition among key Players lead to Pricing Wars
Key Target AudienceSolar Radio Manufacturers, Raw Material Suppliers, Suppliers and Distributors, Potential Investors, Private Research Organization, Government Associations and Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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