The Global Solar Charger Market size is expected to reach $1.3 billion by 2030, rising at a market growth of 12.1% CAGR during the forecast period.
The growing demand for solar chargers has increased the availability and variety of products in the North American region. Consequently, the North America region would acquire nearly 12% market share by 2030. North America has a strong outdoor culture, with many individuals engaging in camping, hiking, and backpacking activities. The vulnerability of traditional power grids to disruptions has led individuals and businesses in North America to consider energy resilience.
Urbanization often coincides with initiatives promoting clean energy alternatives. Sustainable living advocates and local governments in urban areas actively promote using these chargers to reduce residents' carbon footprint and contribute to a cleaner and healthier environment. Sustainable building practices are gaining traction in urban development. Solar panels integrated into building architecture are known as building-integrated photovoltaics or BIPV. Thus, because of the growing urbanization and sustainable living, the market is anticipated to increase significantly. Additionally, these chargers can be integrated into electric vehicles, providing an additional power source to recharge the battery. Ongoing advancements in solar technology, including more efficient solar panels and improved energy storage systems, contribute to the feasibility and effectiveness of integrating these chargers with electric vehicles. Hence, rising adoption of electric vehicles has been a pivotal factor in driving the growth of the market.
However, the complex regulatory landscape introduces uncertainty for investors financing solar charging projects. Regulatory complexities may cause the acquisition of permits and approvals for solar charging infrastructure installation time-consuming and complex. Thus, lack of complex regulatory landscape can slow down the growth of the market.
By Solar Panel Type Analysis
Based on solar panel type, the market is classified into folding, fixed, and flexible. The fixed segment acquired a 35% revenue share in the market in 2022. Fixed chargers are designed to remain stationary, allowing them to harness sunlight consistently. This reliability ensures continuous power generation, making fixed installations suitable for applications that require a consistent and uninterrupted energy supply.
By Type Analysis
By type, the market is categorized into portable and standalone. The standalone segment covered a 40% revenue share in the market in 2022. The standalone segment of these chargers is versatile and can power various devices, including smartphones, laptops, cameras, GPS devices, and even small appliances. This versatility makes standalone these chargers suitable for various applications in different environments.
By Application Analysis
On the basis of application, the market is divided into consumer electronics, transportation, and others. The transportation segment garnered 32% revenue share in the market in 2022. These chargers enhance the range of electric vehicles by providing an additional energy source. Electric vehicles can convert sunlight into electricity through solar panels while stationary or in motion, augmenting the overall charging capacity.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating 60% revenue share. Rapid urbanization, population expansion, and industrialization characterize the region, which has led to a greater focus on sustainable living practices. Increasing awareness of environmental issues, climate change, and the benefits of renewable energy solutions has resonated with consumers in the region.
List of Key Companies Profiled
- RENOGY
- NRG Energy, Inc.
- Voltaic Systems
- Nekteck Inc
- The NOCO Company
- Shenzhen Letsolar Energy Limited
- Garmin Ltd.
- Anker Innovations Co. Ltd.
- PowerFilm Solar, Inc.
Global Solar Charger Market Report Segmentation
By Solar Panel Type
By Type
By Application
- Consumer Electronics
- Transportation
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Netherlands
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- Egypt
- Morocco
- South Africa
- Chile
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Solar Charger Market, by Solar Panel Type
- 1.4.2Global Solar Charger Market, by Type
- 1.4.3Global Solar Charger Market, by Application
- 1.4.4Global Solar Charger Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Global Solar Charger Market by Solar Panel Type
- 4.1Global Folding Market by Region
- 4.2Global Fixed Market by Region
- 4.3Global Flexible Market by Region
Chapter 5.Global Solar Charger Market by Type
- 5.1Global Portable Market by Region
- 5.2Global Standalone Market by Region
Chapter 6.Global Solar Charger Market by Application
- 6.1Global Consumer Electronics Market by Region
- 6.2Global Transportation Market by Region
- 6.3Global Others Market by Region
Chapter 7.Global Solar Charger Market by Region
- 7.1North America Solar Charger Market
- 7.1.1North America Solar Charger Market by Solar Panel Type
- 7.1.1.1North America Folding Market by Country
- 7.1.1.2North America Fixed Market by Country
- 7.1.1.3North America Flexible Market by Country
- 7.1.2North America Solar Charger Market by Type
- 7.1.2.1North America Portable Market by Country
- 7.1.2.2North America Standalone Market by Country
- 7.1.3North America Solar Charger Market by Application
- 7.1.3.1North America Consumer Electronics Market by Country
- 7.1.3.2North America Transportation Market by Country
- 7.1.3.3North America Others Market by Country
- 7.1.4North America Solar Charger Market by Country
- 7.1.4.1US Solar Charger Market
- 7.1.4.1.1US Solar Charger Market by Solar Panel Type
- 7.1.4.1.2US Solar Charger Market by Type
- 7.1.4.1.3US Solar Charger Market by Application
- 7.1.4.2Canada Solar Charger Market
- 7.1.4.2.1Canada Solar Charger Market by Solar Panel Type
- 7.1.4.2.2Canada Solar Charger Market by Type
- 7.1.4.2.3Canada Solar Charger Market by Application
- 7.1.4.3Mexico Solar Charger Market
- 7.1.4.3.1Mexico Solar Charger Market by Solar Panel Type
- 7.1.4.3.2Mexico Solar Charger Market by Type
- 7.1.4.3.3Mexico Solar Charger Market by Application
- 7.1.4.4Rest of North America Solar Charger Market
- 7.1.4.4.1Rest of North America Solar Charger Market by Solar Panel Type
- 7.1.4.4.2Rest of North America Solar Charger Market by Type
- 7.1.4.4.3Rest of North America Solar Charger Market by Application
- 7.2Europe Solar Charger Market
- 7.2.1Europe Solar Charger Market by Solar Panel Type
- 7.2.1.1Europe Folding Market by Country
- 7.2.1.2Europe Fixed Market by Country
- 7.2.1.3Europe Flexible Market by Country
- 7.2.2Europe Solar Charger Market by Type
- 7.2.2.1Europe Portable Market by Country
- 7.2.2.2Europe Standalone Market by Country
- 7.2.3Europe Solar Charger Market by Application
- 7.2.3.1Europe Consumer Electronics Market by Country
- 7.2.3.2Europe Transportation Market by Country
- 7.2.3.3Europe Others Market by Country
- 7.2.4Europe Solar Charger Market by Country
- 7.2.4.1Germany Solar Charger Market
- 7.2.4.1.1Germany Solar Charger Market by Solar Panel Type
- 7.2.4.1.2Germany Solar Charger Market by Type
- 7.2.4.1.3Germany Solar Charger Market by Application
- 7.2.4.2UK Solar Charger Market
- 7.2.4.2.1UK Solar Charger Market by Solar Panel Type
- 7.2.4.2.2UK Solar Charger Market by Type
- 7.2.4.2.3UK Solar Charger Market by Application
- 7.2.4.3France Solar Charger Market
- 7.2.4.3.1France Solar Charger Market by Solar Panel Type
- 7.2.4.3.2France Solar Charger Market by Type
- 7.2.4.3.3France Solar Charger Market by Application
- 7.2.4.4Russia Solar Charger Market
- 7.2.4.4.1Russia Solar Charger Market by Solar Panel Type
- 7.2.4.4.2Russia Solar Charger Market by Type
- 7.2.4.4.3Russia Solar Charger Market by Application
- 7.2.4.5Netherlands Solar Charger Market
- 7.2.4.5.1Netherlands Solar Charger Market by Solar Panel Type
- 7.2.4.5.2Netherlands Solar Charger Market by Type
- 7.2.4.5.3Netherlands Solar Charger Market by Application
- 7.2.4.6Italy Solar Charger Market
- 7.2.4.6.1Italy Solar Charger Market by Solar Panel Type
- 7.2.4.6.2Italy Solar Charger Market by Type
- 7.2.4.6.3Italy Solar Charger Market by Application
- 7.2.4.7Rest of Europe Solar Charger Market
- 7.2.4.7.1Rest of Europe Solar Charger Market by Solar Panel Type
- 7.2.4.7.2Rest of Europe Solar Charger Market by Type
- 7.2.4.7.3Rest of Europe Solar Charger Market by Application
- 7.3Asia Pacific Solar Charger Market
- 7.3.1Asia Pacific Solar Charger Market by Solar Panel Type
- 7.3.1.1Asia Pacific Folding Market by Country
- 7.3.1.2Asia Pacific Fixed Market by Country
- 7.3.1.3Asia Pacific Flexible Market by Country
- 7.3.2Asia Pacific Solar Charger Market by Type
- 7.3.2.1Asia Pacific Portable Market by Country
- 7.3.2.2Asia Pacific Standalone Market by Country
- 7.3.3Asia Pacific Solar Charger Market by Application
- 7.3.3.1Asia Pacific Consumer Electronics Market by Country
- 7.3.3.2Asia Pacific Transportation Market by Country
- 7.3.3.3Asia Pacific Others Market by Country
- 7.3.4Asia Pacific Solar Charger Market by Country
- 7.3.4.1China Solar Charger Market
- 7.3.4.1.1China Solar Charger Market by Solar Panel Type
- 7.3.4.1.2China Solar Charger Market by Type
- 7.3.4.1.3China Solar Charger Market by Application
- 7.3.4.2Japan Solar Charger Market
- 7.3.4.2.1Japan Solar Charger Market by Solar Panel Type
- 7.3.4.2.2Japan Solar Charger Market by Type
- 7.3.4.2.3Japan Solar Charger Market by Application
- 7.3.4.3India Solar Charger Market
- 7.3.4.3.1India Solar Charger Market by Solar Panel Type
- 7.3.4.3.2India Solar Charger Market by Type
- 7.3.4.3.3India Solar Charger Market by Application
- 7.3.4.4South Korea Solar Charger Market
- 7.3.4.4.1South Korea Solar Charger Market by Solar Panel Type
- 7.3.4.4.2South Korea Solar Charger Market by Type
- 7.3.4.4.3South Korea Solar Charger Market by Application
- 7.3.4.5Taiwan Solar Charger Market
- 7.3.4.5.1Taiwan Solar Charger Market by Solar Panel Type
- 7.3.4.5.2Taiwan Solar Charger Market by Type
- 7.3.4.5.3Taiwan Solar Charger Market by Application
- 7.3.4.6Australia Solar Charger Market
- 7.3.4.6.1Australia Solar Charger Market by Solar Panel Type
- 7.3.4.6.2Australia Solar Charger Market by Type
- 7.3.4.6.3Australia Solar Charger Market by Application
- 7.3.4.7Rest of Asia Pacific Solar Charger Market
- 7.3.4.7.1Rest of Asia Pacific Solar Charger Market by Solar Panel Type
- 7.3.4.7.2Rest of Asia Pacific Solar Charger Market by Type
- 7.3.4.7.3Rest of Asia Pacific Solar Charger Market by Application
- 7.4LAMEA Solar Charger Market
- 7.4.1LAMEA Solar Charger Market by Solar Panel Type
- 7.4.1.1LAMEA Folding Market by Country
- 7.4.1.2LAMEA Fixed Market by Country
- 7.4.1.3LAMEA Flexible Market by Country
- 7.4.2LAMEA Solar Charger Market by Type
- 7.4.2.1LAMEA Portable Market by Country
- 7.4.2.2LAMEA Standalone Market by Country
- 7.4.3LAMEA Solar Charger Market by Application
- 7.4.3.1LAMEA Consumer Electronics Market by Country
- 7.4.3.2LAMEA Transportation Market by Country
- 7.4.3.3LAMEA Others Market by Country
- 7.4.4LAMEA Solar Charger Market by Country
- 7.4.4.1Brazil Solar Charger Market
- 7.4.4.1.1Brazil Solar Charger Market by Solar Panel Type
- 7.4.4.1.2Brazil Solar Charger Market by Type
- 7.4.4.1.3Brazil Solar Charger Market by Application
- 7.4.4.2Argentina Solar Charger Market
- 7.4.4.2.1Argentina Solar Charger Market by Solar Panel Type
- 7.4.4.2.2Argentina Solar Charger Market by Type
- 7.4.4.2.3Argentina Solar Charger Market by Application
- 7.4.4.3Egypt Solar Charger Market
- 7.4.4.3.1Egypt Solar Charger Market by Solar Panel Type
- 7.4.4.3.2Egypt Solar Charger Market by Type
- 7.4.4.3.3Egypt Solar Charger Market by Application
- 7.4.4.4South Africa Solar Charger Market
- 7.4.4.4.1South Africa Solar Charger Market by Solar Panel Type
- 7.4.4.4.2South Africa Solar Charger Market by Type
- 7.4.4.4.3South Africa Solar Charger Market by Application
- 7.4.4.5Morocco Solar Charger Market
- 7.4.4.5.1Morocco Solar Charger Market by Solar Panel Type
- 7.4.4.5.2Morocco Solar Charger Market by Type
- 7.4.4.5.3Morocco Solar Charger Market by Application
- 7.4.4.6Chile Solar Charger Market
- 7.4.4.6.1Chile Solar Charger Market by Solar Panel Type
- 7.4.4.6.2Chile Solar Charger Market by Type
- 7.4.4.6.3Chile Solar Charger Market by Application
- 7.4.4.7Rest of LAMEA Solar Charger Market
- 7.4.4.7.1Rest of LAMEA Solar Charger Market by Solar Panel Type
- 7.4.4.7.2Rest of LAMEA Solar Charger Market by Type
- 7.4.4.7.3Rest of LAMEA Solar Charger Market by Application
Chapter 8.Company Profiles
- 8.1RENOGY
- 8.1.1Company Overview
- 8.1.2Recent strategies and developments:
- 8.1.2.1Product Launches and Product Expansions:
- 8.1.3SWOT Analysis
- 8.2Voltaic Systems
- 8.2.1Company Overview
- 8.2.2SWOT Analysis
- 8.3The NOCO Company
- 8.4Shenzhen Letsolar Energy Limited
- 8.5Nekteck Inc
- 8.6NRG Energy, Inc.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Recent strategies and developments:
- 8.6.4.1Product Launches and Product Expansions:
- 8.6.5SWOT Analysis
- 8.7Garmin Ltd.
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expenses
- 8.7.5Recent strategies and developments:
- 8.7.5.1Product Launches and Product Expansions:
- 8.7.6SWOT Analysis
- 8.8Anker Innovations Co. Ltd.
- 8.9PowerFilm Solar, Inc.
Chapter 9.Winning Imperatives of Solar Charger Market