Market Overview:
The global portable solar panel market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using portable solar panels. The global portable solar panel market is segmented on the basis of type, application, and region. On the basis of type, it is divided into 50W below, 50W-100W, 100W-200W, and 200W above segments. By application, it is classified into military, commercial, consumer segments.
Product Definition:
A portable solar panel is a device that converts sunlight into electrical energy. It can be used to power a variety of devices, including cell phones, laptops, and lights. Portable solar panels are important because they allow people to access renewable energy in remote areas or during emergencies.
50W Below:
50w below is the new name for photovoltaic (PV) modules that are capable to generate power between 20W and 50W. The emergence of this new segment in the market has been a great shock for many people, including me, because I always believed that PV module would be able to provide more than 80% of the total output.
50W-100W:
The 50W-100W is a range of engine power output used in portable solar panel. It depends upon the charge controller and battery capacity to regulate the output power. The higher the charge controller efficiency, more powerful will be the system.
50w-100w is a range of engine power output which can provide enough energy to run small appliances like laptops, cell phones, tablets and some other electronic devices at least for short duration with sufficient battery capacity to spare.
Application Insights:
The military application segment led the global portable solar panel market in 2017. The growth of this segment is attributed to the increasing need for renewable energy in countries, where electricity is generated from fossil fuels. For instance, Saudi Arabia and UAE are investing heavily in solar power generation projects owing to the urgent need for renewable sources of energy. These factors are expected to drive demand over the forecast period.
The commercial application segment accounted for a significant share of more than 30% in 2017 and is projected to expand at a CAGR exceeding 12% over the forecast period due largely to government initiatives promoting investments by foreign companies into utility-scale photovoltaic installations across nations such as China, India and Mexico that have been experiencing rapid industrialization over past two decades or so.
Solar panels installed at various public buildings including post offices, hospitals, police stations etc.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to high product demand from developing countries, such as China and India. Moreover, favorable government policies regarding installation of portable solar panels are expected to drive industry growth in this region. For instance, under the “Top 100 Clean Energy Companies†initiative by China's State Power Investment Corp., companies were ranked according to their carbon emissions and energy consumption across various sectors including power generation, industrial manufacturing & services among others. Portable solar panel manufacturers were included in this list and thus got an impetus for reducing pollution while generating electricity through renewable energy sources.
Growth Factors:
- Increasing demand for renewable energy sources: The increasing demand for renewable energy sources is one of the major growth drivers for the portable solar panel market. This is due to the growing concerns about climate change and global warming, which has led to an increase in the adoption of renewable energy sources worldwide.
- Rising awareness about the benefits of solar power: There is a rising awareness about the benefits of solar power among consumers, which is driving its adoption. Solar power can help reduce greenhouse gas emissions and save on electricity costs.
- Technological advancements: The technological advancements in portable solar panels are helping to boost their popularity among consumers. These panels are becoming more efficient and affordable, making them a viable option for many people looking to go green or reduce their electricity bills.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Solar Panel Market Research Report
By Type
50W Below, 50W-100W, 100W-200W, 200W Above
By Application
Military, Commercial, Consumer
By Companies
Renogy, HQST, ACOPOWER, Hovall Technology, Link Solar, Go Power, Hinergy, Global Solar, LI POWER TECH, Goal Zero, POWERFILM SOLAR, PowerFilm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Portable Solar Panel Market Report Segments:
The global Portable Solar Panel market is segmented on the basis of:
Types
50W Below, 50W-100W, 100W-200W, 200W Above
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Commercial, Consumer
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Renogy
- HQST
- ACOPOWER
- Hovall Technology
- Link Solar
- Go Power
- Hinergy
- Global Solar
- LI POWER TECH
- Goal Zero
- POWERFILM SOLAR
- PowerFilm
Highlights of The Portable Solar Panel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 50W Below
- 50W-100W
- 100W-200W
- 200W Above
- By Application:
- Military
- Commercial
- Consumer
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Solar Panel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A portable solar panel is a device that can be easily transported to different locations to generate electricity. Portable solar panels are typically smaller and lighter than traditional solar panels, making them easier to transport and use.
Some of the major companies in the portable solar panel market are Renogy, HQST, ACOPOWER, Hovall Technology, Link Solar, Go Power, Hinergy, Global Solar, LI POWER TECH, Goal Zero, POWERFILM SOLAR, PowerFilm.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Solar Panel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Portable Solar Panel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Portable Solar Panel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Portable Solar Panel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Portable Solar Panel Market Size & Forecast, 2020-2028 4.5.1 Portable Solar Panel Market Size and Y-o-Y Growth 4.5.2 Portable Solar Panel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 50W Below
5.2.2 50W-100W
5.2.3 100W-200W
5.2.4 200W Above
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military
6.2.2 Commercial
6.2.3 Consumer
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Solar Panel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Solar Panel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 50W Below
9.6.2 50W-100W
9.6.3 100W-200W
9.6.4 200W Above
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military
9.10.2 Commercial
9.10.3 Consumer
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 50W Below
10.6.2 50W-100W
10.6.3 100W-200W
10.6.4 200W Above
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military
10.10.2 Commercial
10.10.3 Consumer
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 50W Below
11.6.2 50W-100W
11.6.3 100W-200W
11.6.4 200W Above
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military
11.10.2 Commercial
11.10.3 Consumer
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 50W Below
12.6.2 50W-100W
12.6.3 100W-200W
12.6.4 200W Above
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military
12.10.2 Commercial
12.10.3 Consumer
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 50W Below
13.6.2 50W-100W
13.6.3 100W-200W
13.6.4 200W Above
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military
13.10.2 Commercial
13.10.3 Consumer
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Solar Panel Market: Competitive Dashboard
14.2 Global Portable Solar Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Renogy
14.3.2 HQST
14.3.3 ACOPOWER
14.3.4 Hovall Technology
14.3.5 Link Solar
14.3.6 Go Power
14.3.7 Hinergy
14.3.8 Global Solar
14.3.9 LI POWER TECH
14.3.10 Goal Zero
14.3.11 POWERFILM SOLAR
14.3.12 PowerFilm