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A solar charger employs solar energy to supply electricity to devices or charge batteries. They are generally portable. Solar chargers can charge lead acid or Ni-Cd battery banks up to 48 V and hundreds of ampere-hours (up to 4000 Ah) capacity. Such type of solar charger setups generally use an intelligent charge controllers. These devices have high degree of flexibility and highest efficiency as compared to any other green charger.
The market for Solar Charger is highly fragmented with players such as Anker, GoalZero, Letsolar, RAVPower, ECEEN, Powertraveller, Solio, LittleSun, Voltaic Systems, YOLK, Solar Technology International, NOCO, Instapark, Xtorm, Allpowers Industrial International, Hanergy and so on.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Market Analysis and Insights: Global Solar Charger Market
The global Solar Charger market was valued at US$ 2711.7 in 2020 and will reach US$ 9953.3 million by the end of 2027, growing at a CAGR of 24.2% during 2022-2027.
Global Solar Charger Scope and Market Size
The global Solar Charger market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Solar Charger market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Below 5 Wattage
5 Wattage to 10 Wattage
10 Wattage to 20 Wattage
Above 20 Wattage
Segment by Application
Portable Consumer Electronics
Automotive
Other
The Solar Charger market is analysed and market size information is provided by regions (countries). Segment by Application, the Solar Charger market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Anker
GoalZero
Letsolar
RAVPower
ECEEN
Powertraveller
Solio
LittleSun
Voltaic Systems
YOLK
Solar Technology International
NOCO
Instapark
Xtorm
Allpowers Industrial International
Hanergy
The market for Solar Charger is highly fragmented with players such as Anker, GoalZero, Letsolar, RAVPower, ECEEN, Powertraveller, Solio, LittleSun, Voltaic Systems, YOLK, Solar Technology International, NOCO, Instapark, Xtorm, Allpowers Industrial International, Hanergy and so on.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Market Analysis and Insights: Global Solar Charger Market
The global Solar Charger market was valued at US$ 2711.7 in 2020 and will reach US$ 9953.3 million by the end of 2027, growing at a CAGR of 24.2% during 2022-2027.
Global Solar Charger Scope and Market Size
The global Solar Charger market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Solar Charger market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Below 5 Wattage
5 Wattage to 10 Wattage
10 Wattage to 20 Wattage
Above 20 Wattage
Segment by Application
Portable Consumer Electronics
Automotive
Other
The Solar Charger market is analysed and market size information is provided by regions (countries). Segment by Application, the Solar Charger market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Anker
GoalZero
Letsolar
RAVPower
ECEEN
Powertraveller
Solio
LittleSun
Voltaic Systems
YOLK
Solar Technology International
NOCO
Instapark
Xtorm
Allpowers Industrial International
Hanergy
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
