Global Solar Charger Market Overview:
Solar chargers uses power of the sun to supply electricity to devices or batteries. They are often portable and can charge lead acid or Ni-Cd batteries up to 48 volts and hundreds of ampere-hours (up to 4000 Ah). The most important advantage is that they are easily portable and can be used for charging multiple times, thus they are frequently taken around. The system's cost isn't prohibitively costly, which is why many individuals consider it a realistic alternative. Solar chargers allow charging electronic gadgets like tablets, computers, and cell phones. According to AMA, the Global Solar Charger market is expected to see growth rate of 25.6% and may see market size of USD2810.1 Million by 2027.
- Increased Adoption of Solar Charger and Smart Portable Solar Devices
- Growing Awareness Related to the Depletion of Energy Resources
- The Growing Penetration of Smartphones, Tablets, and Portable Electronic Devices
- Higher Initial Investment will hamper on the Solar Charger Market
- Solar Charger will Charge Using Solar Energy only
- Adoption of Electric Hybrid Vehicles in Developing Countries
- Increasing Demand for the Smartphone Industry Creates an Opportunity for Solar Charging Manufacturers.
- Increasing Price Pressure and Strong Competition
Some of the key players profiled in the report are Philips (Netherlands), Powertraveller (United Kingdom), Solar Frontier (Japan), Hanergy (China), Centrica (United Kingdom), Solarsunlink Co., Ltd (China), ECEEN (United States), Voltaic Systems (United States), Solar Technology International (Tewkesbury) and NOCO (United States). Additionally, following companies can also be profiled that are part of our coverage like Instapark (United States) and Xtorm (Netherlands). Analyst at AMA Research see United Kingdom Manufacturers to retain maximum share of Global Solar Charger market by 2027. Considering Market by Distribution channel, the sub-segment i.e. Online will boost the Solar Charger market.
Latest Market Insights:
In Dec 2021, AES has announced the acquisition of Community Energy Solar, a solar charger developer based in Pennsylvania, as well as Community Energy's 10 GW project pipeline. The acquisition of Community Energy is part of a larger plan for future corporate expansion, and it will enhance those efforts with a robust development pipeline and qualified development personnel.
In Nov 2020, Ossia Inc. will introduce the next-generation Cota 2.4 GHz platform, which has been certified by the Federal Communications Commission for use in the industrial, commercial, and residential sectors and also this company launched a new solar charger of CD3 for instant charging.
What Can be Explored with the Solar Charger Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Solar Charger Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Solar Charger
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Solar Charger market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Solar Charger market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Solar Charger Manufactures, Solar Charger Suppliers, Solar Charger Distributors, Government Associations and Solar Charger Companies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.