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Portable Solar Charger Market .pdf



Original filename: Portable Solar Charger Market.pdf
Title: Portable Solar Charger Market
Author: Suraj Suryavanshi

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MARKETRESEARCH.BIZ

Portable Solar
Charger Market

Introduction
Portable solar charger consists of solar panel or thin film
systems that absorbs sunlight to provide electricity for
electronic devices. The portable solar charger is compact
and lightweight which makes it easy to carry at the time of
travelling. It can be used for charging various electronic
devices such as smartphones, tablets, laptops, and others.

LITERATURE 101 BOOK REPORT

MARKET
DYNAMICS

Increasing adoption and demand for portable solar charger to charge
electronic gadgets such as smartphones, tablets, laptops, etc., is a key
factor expected to drive growth of the global portable solar charger
market over the forecast period. In addition, growing awareness for
utilization of renewable energy resources coupled with increasing
demand for solar products such as solar heater, solar charger, and
others, is expected to further fuel growth of the target market over the
forecast period. Moreover, rapid urbanization coupled with growing
adoption of energy efficient and advanced electronics that drains battery
at faster rate, is another factor increasing preference of customer
towards handy, lightweight, and portable charger device, which in turn
support growth of the target market over the forecast period.
However, high cost of portable solar charger, is a key factor may hamper
demand and restrain growth of the global portable solar charger market
over the forecast period. In addition, dependency over sunlight and lack
of awareness about the benefits of solar equipments in various countries
across the globe, are other factors expected to hinder growth of the
target market during the forecast period.
Ongoing trend observed in the global portable solar charger market is
increasing technological advancements for introduction of waterproof
portable solar chargers, which in turn support growth of the target
market during the forecast period.

ANALYSIS BY
REGION

The portable solar charger market in North America is expected to
account for major share in terms of revenue and is expected to dominate
the target market over the forecast period. This can be attributed to
recent advancements and growing adoption of electronic gadgets and
wearable technology, which in turn trigger demand for portable solar
charger. The Europe portable solar charger market is anticipated to
register significant growth in terms of revenue in the target market over
the forecast period. The portable solar charger market in the Asia Pacific
is projected to witness fastest growth rate in the global portable solar
charger market over the forecast period.
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