Increasing Adoption of Consumer Electronics and Growing Reliance on Renewable Energy is Accelerating the Portable Solar Charger Market in the North America Region!

The advent of technology has led to seamless activities and accelerated the digital revolution to the next level. Electronic products have continuously impacted and shaped the consumer’s lifestyles in the current digital era. Furthermore, demand for electronic devices is anticipated to rise steadily and continue to be a key economic driver worldwide coupled with growing awareness among consumers to reduce carbon emissions and meet sustainability is driving the demand for portable solar chargers to charge the battery of consumer electronic devices anywhere, anywhere and at low cost. Moreover, portable solar chargers are suitable for charging multiple items at one time without any grid which also influences consumers to adopt these for power backups in an emergency.

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Further, the environmental benefits of renewable energy are well known. But the contribution that they can make to energy security is less widely recognized. Renewable energy contributes to the security of the supply of all these energy forms and in addition, reduces greenhouse gas (GHG) emissions when displacing fossil fuels. Therefore, governments across the globe are pursuing policies for research, development, and deployment (RD&D) that can progressively reduce the costs of renewables so that, with appropriate credit for carbon saving, they can be established as technologies of choice. Solar PV is forecast to account for 60% of the increase in global renewable capacity this year with the commissioning of 190 GW, a 25% gain from last year.

· Based on the Type, the market is segmented into small portable chargers, foldable portable chargers, and backpack solar chargers. Small portable chargers cater to a significant share of portable solar chargers.

· Based on the panel type, the monocrystalline panel caters to a significant share of the portable solar charger market. It is mainly owing to its durability and a higher energy efficiency rate of around 15-20%.

· Based on the application, the market is segmented into individual consumers, defense, transportation, and others. Individual consumer segment caters to an extensive share of the market. It is mainly due to increasing outdoor activities such as biking, hiking, and mountain, especially in developed economies are driving its market growth.

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Global Portable Solar Charger Market Segmentation

Market Insight, by Type

· Small Portable Charger

· Foldable Portable Charger

· Backpack Solar Chargers

Market Insights, by Panel Type

· Monocrystalline Solar Charger

· Polycrystalline Solar Charger

Market Insights, by Application

· Individual Consumer

· Defense

Market Insight, by Region

· North America

o U.S.

o Canada

o Rest of North America

· Europe

o Germany

o UK

o France

o Spain

o Italy

o Rest of Europe

· APAC

o China

o Japan

o India

o Australia

o Rest of APAC

· Rest of the World

Top Company Profiles

· Goal Zero

· Voltaic Systems

· Powertraveller International Ltd.

· Instapark

· Gomadic Corporation

· GigaWatt Inc.

· Renogy LLC

· Suntactics

· Zamp Solar

· Jackery Inc.