Portable Solar Charger Market

Global Portable Solar Charger Market Analysis and Opportunity Assessment by Panel Type, Portability, Application, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 886.1 Mn between 2022 and 2032

Category: Clean Energy & Power

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ID: CVC-00334

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Format: PDF+Excel Dataset

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Published Date: October 2022

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Pages: 310

Portable Solar Charger Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Portable Solar Charger Market was worth US$ 315.8 Mn and is expected to grow at a CAGR of 14.3% over the forecast period. The market is expected to hit US$ 1,201.9 Mn by 2032 end. From 2017–2021, when the market’s CAGR was 11.8%, the market underwent significant growth.

The implementation of renewable energy sources is increasing to reduce the demand for non-renewable energy resources. Innovative technological developments in renewable energy resources, such as solar, drive this growth.

Market Dynamic

INTRODUCING NEW PRODUCTS WILL HELP THE MARKET GROW

The demand for a foldable portable solar charger will likely rise faster over the forecast period. These chargers are easy to transport and small in weight, so they acquire much preference 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 foldable solar chargers is projected to rise.

THE MARKET IS AFFECTED BY WEATHER CONDITIONS

Most solar portable chargers operate using either manual or automatic charging methods. The manual type is known as direct sunlight charging and is the simplest and most popular method. This involves simply placing the solar charger in direct sunlight and turning them on to charge your device. For most applications, this is sufficient. However, there can be problems if the weather outside is cloudy or overcast; many devices will not charge unless they receive direct sunlight. The automated charging method involves harnessing the sun’s power directly while capturing some energy in a battery pack so it can be used later when fuel is scarce.

ADVENTURERS ARE BOOSTING THE PURCHASE OF PORTABLE SOLAR CHARGER

The global portable solar charger market is anticipated to create opportunities due to these factors. Consumer expenditure on high-priced battery packs has switched to low-cost solutions such as portable solar chargers. Commercialization is on the rise in segments such as law enforcement and industrial use, and demand from these areas is likely to impact revenue growth over the next five years positively. The solar charger industry is also witnessing an increase in demand for power-intensive devices such as tablets and smartphones, for which solar chargers are a cost-effective alternative.

Portable Solar Charger Market

Market Segments Covered in Report

By Panel Type

  • Mono-Crystalline Solar Chargers
  • Amorphous Solar Chargers
  • Poly-Crystalline Solar Chargers
  • Hybrid Solar Chargers

By Portability

  • Small Portable
  • Foldable
  • Backpack

By Application

  • Defense
  • Commercial
  • Transportation
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why are foldable Portable Solar Chargers projected to have the highest CAGR?

The foldable portable solar charger is projected to expand at the fastest CAGR of 22.0% over the forecast period. These chargers are easy to carry and lightweight, increasing immense popularity among military and individual users. Furthermore, the governments of the U.S. and India are projected to increase the use of off-grid solar power to deliver access to electricity for outdoor troops. Moreover, escalating the use of electronic equipment in the defense sector is expected to boost demand for foldable solar chargers.

Why is the Defense segment expected to expand the fastest during the forecast period?

The defense application segment is predicted to expand at the fastest CAGR of 21.8% during the forecast period, driven by supportive government initiatives to increase the use of solar power for large military buildings and remotely located troops and equipment. Also, owing to the changing climate, the U.S. military is shifting towards renewable energy sources, including solar energy such as battery-powered electronics and portable solar chargers (also known as “solar backpacks”) that can be used in rear areas of these remote bases without any dependency on fuel convoys or airdrops.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

  • The Asia Pacific held the largest share of the Portable Solar Charger Market in 2021, up to 45.8%. India emerged as the largest regional market for portable solar chargers. For several years, the government has been providing subsidies for the cost of electricity generated from solar panels with a plan to provide affordable electricity. The increased share of portable chargers in India is driven by rising demand for mobile phone charging stations that power battery-powered devices such as smartphones, laptops, and other gadgets.

Competition Analysis

Manufacturers of Portable Solar Chargers are channeling efforts toward expanding their production capacities and strengthening their retailer and distributor network. It will certainly impact the market shortly.

A list of some of the key suppliers present in the market are:

  • Philips Lighting Holding B.V
  •  Cobra, Solartab Limited
  • Solio Solar Battery Products
  •  SOLAR FRONTIER K.K.
  • Goal Zero
  •  Anker Technology Co. Limited
  • Poweradd Official
  •  EMPONI.

Global Portable Solar Charger Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research ScopeDetails
Forecast period2022-2032
Historical data available for2017-2021
Market analysisUSD Million for Value and Tons for Volume, and CAGR from 2022 to 2032
Key regions coveredNorth America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries coveredUS, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments coveredBy Panel Type, Portability, Application and Region
Customization scopeAvailable upon Request
Pricing and purchase optionsAvailable upon Request

Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 14.3%.

Portable solar chargers are non-renewable energy sources, are eco-friendly, and do not emit toxic materials in the energy the portable solar charger uses. The higher usage and faster drainage of electrical devices’ batteries also increase the demand for portable solar chargers.

Major global Portable Solar Charger Market players are Solartab Limited, Solio Solar Battery Products, Philips Lighting Holding B.V, Cobra, SOLAR FRONTIER K.K., Goal Zero, Anker Technology Co. Limited, Poweradd Offcial, and EMPONI.

Most solar chargers are restricted because their usage is limited to daytime only. This prohibits their use in certain areas, especially during nighttime.

The Asia Pacific region is estimated to account for the largest market revenue share in the Global Portable Solar Charger market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Portable Solar Charger Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Portable Solar Charger Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Application W.R.T. Portability
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of End-Users
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Technology Landscape
  10. Global Portable Solar Charger Market 2017 – 2032 By Panel Type
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Panel Type [Value (US$ Mn) and Volume (Tons) Analysis]
      • Mono-Crystalline Solar Chargers
      • Amorphous Solar Chargers
      • Poly-Crystalline Solar Chargers
      • Hybrid Solar Chargers
    • Market Attractiveness Analysis by Panel Type
  11. Global Portable Solar Charger Market 2017 – 2032 by Portability
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Portability [Value (US$ Mn) and Volume (Tons) Analysis]
      • Small Portable
      • Foldable
      • Backpack
    • Market Attractiveness Analysis by Portability
  12. Global Portable Solar Charger Market 2017 – 2032 by Application
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
      • Defense
      • Transportation
      • Others
    • Market Attractiveness Analysis by Application
  13. Global Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  14. North America Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Panel Type
      • By Portability
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Panel Type
      • By Portability
      • By Application
  1. Latin America Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Panel Type
      • By Portability
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Panel Type
      • By Portability
      • By Application
  1. Europe Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Panel Type
      • By Portability
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Panel Type
      • By Portability
      • By Application
  1. Asia-Pacific Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Process
      • By Panel Type
      • By Portability
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Panel Type
      • By Portability
      • By Application
  1. Middle East Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Panel Type
      • By Portability
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Panel Type
      • By Portability
      • By Application
  1. Africa Portable Solar Charger Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Panel Type
      • By Portability
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Panel Type
      • By Portability
      • By Application
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • ChemView’s Competitor Positioning Matrix
  3. Company Profiles
    • Philips Lighting Holding B.V
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • Cobra, Solartab Limited
    • Solio Solar Battery Products
    • SOLAR FRONTIER K.K.
    • Goal Zero
    • Anker Technology Co. Limited
    • Poweradd Official
  4. Assumptions and Acronyms

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