Solar Charger Market Research Report 2023 - Valuates Reports

BENGALURU, India - July 10, 2023 - PRLog -- The global Solar Charger market was valued at US$ 2731 million in 2022 and is anticipated to reach US$ 14650 million by 2029, witnessing a CAGR of 26.8% during the forecast period 2023-2029.

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 influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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. They totally got about 30% market shares.
Based on regions, the global Solar Charger market is segmented into North America, Europe, China, Japan, Southeast Asia, India, Asia Other, and the Rest of the World (ROW). China is the largest share of the production market with 63% market shares.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Solar Charger, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Charger.
The Solar Charger market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Solar Charger market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Charger manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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