The global solar cell phone charger market is expected to reach a valuation of USD 5.1 billion in 2030 from USD 946 million in 2021. Due to various growth inducing factors, the industry is reckoned to amplify with a CAGR of 18.7% over 2022-2030.
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Solar cell phone chargers are used to charge cell phone batteries using solar panels. These chargers are equipped with the ability to convert solar energy into electronic energy to charge cell phones without consuming main electricity. Users can plug the USB cable from the charger into their phones and flip the charger so as to make the small solar panels face the sun. Post which they need to find the cell phone signal, place the entire setup on a stump, and them wait for their phone to be fully charged.
Global Solar Cell Phone Charger Market- Segmental assessment
By Panel Type
• Ordinary Type
• Lighting Function Type
• Voltage Adjustable Type
By Application
• Mobile Phone Charging
• Digital Camera Charging
• MP3 Charging
• Other
By End User
• Individual Consumers
• Defense
• Transportation
• Others
The individual consumers segment is expected to amass notable gains over the stipulated timeline ascribing to the increasing environmental cognizance and disposable oncome level of the masses.
Global Solar Cell Phone Charger Market- Geographical landscape
The major regions constituting the geographical ambit of this business vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is attributable to the rising environmental concerns among the masses, surging income levels, and growing technological innovations in the field.
Market Competitive hierarchy
The prominent players defining the competitive terrain of this industry are Renogy, HQST (Canada), Goal Zero (US), Go Power (Canada), Acopower (US), Voltaic Systems (US), EMPO-NI off-grid solutions (Germany), Anker Innovations Limited (US), Instapark, Suntactics (US), X-DRAGON, Powertraveller International Ltd (UK), and IceTech.
Notably, in February 2019, SunTactics announced the launch of its new solar changer range named Lite. This charger is gaining high market traction owing to its portability and light weightiness.
Report scope
Global Solar Cell Phone Charger Market: Historical Trends- 2018-2021
Global Solar Cell Phone Charger Market: Forecast Years- 2022-2030
Global Solar Cell Phone Charger Market 2021- USD 946 million
Global Solar Cell Phone Charger Market 2030- USD 5.1 billion
CAGR- 18.7%
Key segments reported-
• By Panel Type (Ordinary Type, Lighting Function Type, and Voltage Adjustable Type)
• By Application (Mobile Phone Charging, Digital Camera Charging, MP3 Charging, and Other)
• By End User (Individual Consumers, Defense, Transportation, and Others)
Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Renogy, HQST (Canada), Goal Zero (US), Go Power (Canada), Acopower (US), Voltaic Systems (US), EMPO-NI off-grid solutions (Germany), Anker Innovations Limited (US), Instapark, Suntactics (US), X-DRAGON, Powertraveller International Ltd (UK), and IceTech.
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Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
