About Solar Power Banks
The solar power bank is a solar charger that employs solar energy to supply electricity to devices or batteries, which is portable. It can charge lead-acid battery banks up to 48 V. And solar power bank has safety features such as overvoltage protection, flame retardant case, dual safety circuits, over temperature protection, overcharged and discharge protection. It comes in different colors with the USB input port for charging.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Solar Power Banks market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Solar Power Banks market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Solar Power Banks market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sony (Japan), Anker (China), Aukey (China), RavPower (United States), Xiaomi Technology (China), TP-Link (China), Zendure (United States), Goal Zero (United States), IEC Technology (United States) and Limefuel (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Solar Power Banks market by Type (Single USB, Dual USB and Other), Application (Mobile, Tablet, Media Device and Other) and Region.
On the basis of geography, the market of Solar Power Banks 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Solar Power Banks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Trend of Charging Electronic Gadgets While Traveling
Market Growth Drivers:
Rising Demands for Smartphones across the Globe and Increase in Sales of Power Banks On Online Portals & E-Commerce Websites
Challenges:
Intelligent Mobile Devices Are Devoting To Make Up For the Lack of Power Supply
Opportunities:
Strong Opportunity in Waterproof Solar Power Bank Wireless Charger
Market Leaders and their expansionary development strategies
In Sep 2018, Toughtested Announced To Launch Its New Series of Portable Solar Power Banks, Which Is Multi-Functional Versatility Combined With Rugged.
In Nov 2018, UBON Unveiled Its First Solar Power Bank SL – 6067, Which Is Available In All E-Commerce Website In India. Which Has Built-In 6000mah High Capacity Lithium Battery With Compact Solar Panel And Having 18-20% Solar Panel Conversion Rate.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.