Portable Solar Power Generator Panel Market Scope
Portable solar power generators are easy to transport from one place to another place that works alongside solar panels to generate electricity. Portable solar-powered generators are gaining much popularity for application in RV camping, hiking, boats, or other outdoor activities, and power backup for residential or commercial buildings. Growing preference towards the adoption of portable things like fridge, lights, pellet smoker, and camera equipment to get comforts of home will boost the portable solar-powered generators market. Shifting from diesel generators to solar-powered generators for quiet operation and reduce pollution in the environment will create significant opportunities for portable solar-powered generators.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Wegnertek (China), Suaoki (Japan), Jackery Inc. (United States), Mobisun (Netherlands), Baldr (China), Bluetti Power Inc. (United States), Tacklife Tools (United States), Dometic Group AB (Sweden), EcoFlow (United States), Wagon Corporation (United States), Aton Solar (India), Goal Zero (United States) and Generark (United States) |
CAGR | % |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Portable Solar Power Generator Panel market throughout the predicted period.
Wegnertek (China), Suaoki (Japan), Jackery Inc. (United States), Mobisun (Netherlands), Baldr (China), Bluetti Power Inc. (United States), Tacklife Tools (United States), Dometic Group AB (Sweden), EcoFlow (United States), Wagon Corporation (United States), Aton Solar (India), Goal Zero (United States) and Generark (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Portable Solar Power Generator Panel market , by Application (Personal, Commercial and Industrial) and Region with country level break-up.
On the basis of geography, the market of Portable Solar Power Generator Panel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
In March 2022, Vanpowers, a manufacturer of portable solar storage products launched its new solar power station and solar panel, AC10 600 and SP100. AC10 600 is portable solar power station that comes with a total rated wattage of 600W and lifespan of up to 2000+ cycles and is capable of low to high power devices. SP100 solar panels consist of grade A monocrystalline silicon and it is foldable, durable, and easy to carry.
In May 2022, Jackery, a global leader in innovative portable power and green outdoor energy solutions announced the launch of its new and most powerful portable solar generator on Jackery Day 2022. The new generator is best suitable for van-lifers, camping, and outdoor enthusiasts as it offers superior fast solar recharging and power capacity and can be easily picked up wherever go.
Market Trend
- Emerging Trend of Monocrystalline Panels to Generate More Solar Energy
- Huge Investment in R&D for the Innovation and Design Exposition of Portable Solar Powered Generators
Market Drivers
- Growing Demand for Portable Solar Powered Generators Among Campers to Power Electric Tools and Spend Quiet Hours
- Increasing Installation of Solar Power Generators in Newly Constructed Residential or Commercial Buildings for Power Backup
Opportunities
- Growing Popularity of Camping in the United States and European Countries After Covid-19 Pandemic
Restraints
- Slow Recharge and Higher Prices of Solar Generators Will Restraint the Growth
Challenges
- Limited Power Supply of Some Less Powered Generators Can Limit the Adoption
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Portable Solar Power Generator Panel Manufacturers, Portable Solar Power Generator Panel Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Bodies, End-Users and Others