The global “Portable Solar Charger market” was valued at US$ 271.6 million in 2023 and is projected to reach US$ 1628.8 million by 2030, at a CAGR of 28.2% during the forecast period.
A Portable Solar Charger is a compact, lightweight device that uses solar panels to convert sunlight into electrical energy. This energy is then stored in a battery or directly used to charge portable electronic devices such as smartphones, tablets, laptops, and other gadgets. Portable solar chargers are designed for use in outdoor or off-grid environments where conventional power sources are unavailable, making them ideal for camping, hiking, and emergency situations.
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This research report provides a comprehensive analysis of the Portable Solar Charger market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Portable Solar Charger market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Portable Solar Charger, challenges faced by the industry, and potential opportunities for market players.
The global Portable Solar Charger market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Portable Solar Charger market presents opportunities for various stakeholders, including Individual, Defense. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Portable Solar Charger market. Additionally, the growing consumer demand present avenues for market expansion.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW
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Newly Installed PV Capacity:
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- 2022: The global newly installed photovoltaic capacity reached approximately 230 gigawatts (GW).
- 2023 Projection: The installation is anticipated to increase significantly, with predictions ranging between 280 and 330 GW. This forecast reflects a continued strong growth trend in the industry.
China’s PV Industry:
- Total Output Value: In 2022, the total output value of China’s photovoltaic industry exceeded 1.4 trillion yuan. This substantial figure underscores China’s dominant role in the global PV market.
- Global Market Share: China remains the global epicenter of the photovoltaic industry, commanding a market share that surpasses 80% across all key segments of the supply chain. Specifically:
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- Silicon Wafers: China’s production capacity accounts for an impressive 98% of the global total.
- Solar Cells: China contributes 85% to the world’s production capacity.
- Solar Modules/Components: The production capacity of solar modules from China stands at 77%.
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European PV Market:
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- 2022: The 27 EU member countries collectively added 41.4 GW of new photovoltaic capacity in 2022. This indicates a strong commitment to expanding solar energy within Europe.
US PV Market:
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- 2022: The United States installed less than 19 GW of new photovoltaic capacity in 2022. Despite this lower figure compared to other regions, the market is expected to grow robustly.
- Future Growth: From 2023 onwards, it is projected that the average annual growth rate of new photovoltaic installations in the US will exceed 21%, reflecting a rapid acceleration in market expansion.
Japan’s PV Market:
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- 2022: Japan’s newly installed photovoltaic capacity for 2022 was reported at 3.314 GW. This reflects Japan’s continued investment in solar energy technology despite a smaller market size relative to other major players.
| Report Attributes | Report Details |
|---|---|
| Report Title |
Portable Solar Charger Market Emerging Trends, Technological Advancements, and Business Strategies 2024-2030 |
| Market size in 2023 | US$ 271.6million |
| Forecast Market size by 2030 | US$ 1628.8 million |
| Growth Rate | CAGR of 28.2% |
| By Type |
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| By Panel Type |
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| Based on Charging Power: |
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| By Application |
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| Key Players |
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| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
|---|---|
| Base Year | 2023 |
| Forecast Year | 2030 |
| Number of Pages | 100+ Pages |
| Customization Available | Yes, the report can be customized as per your need. |
Key Features:
The research report on the Portable Solar Charger market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
- Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Portable Solar Charger market.
- Market Overview: The report provides a comprehensive overview of the Portable Solar Charger market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Mono-crystalline solar chargers, Amorphous solar chargers), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
- Market Dynamics: The report analyses the market dynamics driving the growth and development of the Portable Solar Charger market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Portable Solar Charger market’s trajectory.
- Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Portable Solar Charger market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
- Market Segmentation and Forecast: The report segment the Portable Solar Charger market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
- Technological Trends: The report should highlight the key technological trends shaping the Portable Solar Charger market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
- Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Portable Solar Charger market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
- Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Portable Solar Charger, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
- Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Portable Solar Charger market.
- Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
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Market Segmentation
Portable Solar Charger market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
By Type:
- Foldable Solar Chargers
- Compact Solar Chargers
- Solar Power Banks
- Solar Backpack Chargers
- Solar Case Chargers
- Others
By Panel Type
- Mono-crystalline solar chargers
- Amorphous solar chargers
- Poly-crystalline solar chargers
- Hybrid solar chargers
Based on Charging Power:
- Up to 5W
- 5W to 10W
- 10W to 20W
- 20W to 30W
- Above 30W
Market segment By Application
- Camping and Hiking
- Emergency and Disaster Preparedness
- Travel and Outdoor Activities
- Remote Work and Off-Grid Use
- Others
Global Portable Solar Charger Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Major players covered
- Shenzhen Hello Tech Energy
- EcoFlow
- Goal Zero
- PowerFilm Solar
- Shenzhen Poweroak Newener
- Dometic
- Aopeng Energy
- Anker
- Renogy
- Westinghouse
- Rockpals
- Nanjing Hongyuan Renewable Energy Technology
Key Drivers:
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Increasing demand for clean and renewable energy sources: Consumers are increasingly seeking sustainable and eco-friendly energy solutions, and portable solar chargers offer a way to generate electricity without producing greenhouse gas emissions.
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Growing use of portable electronic devices: The proliferation of smartphones, tablets, and other portable electronic devices has increased the demand for portable power sources, including portable solar chargers.
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Rising outdoor recreational activities: Portable solar chargers are useful for camping, hiking, and other outdoor activities where access to electricity may be limited.
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Supportive government policies: Governments around the world are promoting renewable energy sources and offering incentives for the adoption of solar power, which can benefit the portable solar charger market.
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Technological advancements: Advances in solar cell technology are improving the efficiency and reducing the cost of portable solar chargers, making them more accessible to a wider range of consumers.
Restrains:
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High initial cost: Portable solar chargers can be expensive to purchase, which may limit their adoption among price-sensitive consumers.
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Low efficiency in cloudy weather: The efficiency of portable solar chargers can be impacted by cloudy weather, which may limit their effectiveness in certain regions or seasons.
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Limited power output: Portable solar chargers may not be able to generate enough power to charge larger devices or meet the energy needs of some consumers.
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Competition from other portable power sources: Portable solar chargers face competition from other portable power sources such as power banks and fuel cells.
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Durability and reliability concerns: Consumers may be concerned about the durability and reliability of portable solar chargers, especially in harsh or outdoor environments.For More Information About this Market Download Full PDF Sample Copy > https://semiconductorinsight.com/report/portable-solar-charger-market/