Market Overview:
The global solar power banks 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 portable and renewable energy sources, rising awareness about the benefits of using solar power banks, and growing adoption of solar-powered devices. The global solar power banks market can be segmented on the basis of type into single USB and dual USB. The single USB segment is expected to account for a larger share of the global market than the dual USB segment during the forecast period. This can be attributed to its low cost and easy portability. On the basis of application,the global solar power banksmarket can be divided into mobile, tablet, media device, laptop/notebook, camera battery charger kit,,and others (including emergency lights).
Product Definition:
Solar power banks are a type of battery bank that uses solar energy to charge its batteries. They are typically used in remote areas where there is no access to grid electricity, or where the cost of grid electricity is prohibitive. Solar power banks have many applications, including telecommunications, disaster relief, and rural electrification.
Single USB:
Single USB is a power supply solution that delivers adequate voltage required for operating electronic devices. It has the ability to charge tablets, smartphones, and other smart devices. Single USB is used in solar power banks as it can provide sufficient voltage required for charging mobile phones and tablets when connected to the portable battery pack via cable.
Dual USB:
Dual USB is a charging port that allows simultaneous charging of two devices at high speed. It has become very popular among smartphone users as it helps them charge their phones and tablets at the same time. The solar power bank market has witnessed an increase in demand owing to growing awareness about using renewable energy for power generation.
Application Insights:
The market is segmented by application into mobile, tablet, media device and others. The media device segment held the largest share of over 30% in 2017. Increasing use of portable devices such as tablets and smartphones has led to an increase in demand for solar power banks across the globe. As a result, this application segment is expected to grow at a significant rate over the forecast period.
Mobile phones are one of the most essential gadgets that have become necessary accessories for people all around the world due to their rising usage patterns and dependence on technology for work or personal communication needs among other functions such as entertainment and navigation purposes among others (UNCTAD 2011). This has led to an increased number of mobile phone users globally which consequently increases demand for portable energy sources including solar power banks among them especially during long hours when they are out from home or office working on projects related activities (UNCTAD 2011).
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional segment over the forecast period. The region’s growth can be attributed to increasing disposable income, growing smartphone penetration, and expanding retail sector. In addition, countries such as China and Japan are among the top manufacturing hubs for consumer electronics including smartphones and laptops. As a result of all these factors put together, Asia Pacific is poised to emerge as a global hub for solar power banks in near future.
The market in North America was valued at USD X billion in 2017 owing to high demand from consumers looking for portable charging solutions on-the-go or while traveling light weight devices such as smartphones along with tablets or e-book readers etc., which require continuous juice supply throughout long journeys rather than having limited battery life due to heavy reliance on it overnight stays/ hotel rooms/airports etc.
Growth Factors:
- Increasing demand for solar power banks from the commercial sector as a result of rising awareness about the benefits of using solar energy
- Rapid technological advancements in solar power bank design and functionality, which is making these devices more efficient and user-friendly
- Growing popularity of eco-friendly products among consumers, especially millennials
- Rising concerns about climate change and its impact on the environment, which is prompting people to adopt renewable energy sources like solar power banks
- Proliferation of online retail platforms that offer a wide range of affordable solar power banks
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Power Banks Market Research Report
By Type
Single USB, Dual USB
By Application
Mobile, Tablet, Media Device, Others
By Companies
Anker, Aukey, RavPower, Xiaomi Technology, TP-Link, Zendure, Goal Zero, IEC Technology, Sony, Limefuel, Anker, Gridless Power, Philips, Mopo, Sungzu, Suntrica
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Solar Power Banks Market Report Segments:
The global Solar Power Banks market is segmented on the basis of:
Types
Single USB, Dual USB
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
Mobile, Tablet, Media Device, Others
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:
- Anker
- Aukey
- RavPower
- Xiaomi Technology
- TP-Link
- Zendure
- Goal Zero
- IEC Technology
- Sony
- Limefuel
- Anker
- Gridless Power
- Philips
- Mopo
- Sungzu
- Suntrica
Highlights of The Solar Power Banks 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:
- Single USB
- Dual USB
- By Application:
- Mobile
- Tablet
- Media Device
- Others
- 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 Solar Power Banks 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 solar power bank is a portable device that stores energy from the sun to be used when needed. Solar power banks can be used to charge electronic devices, such as phones and tablets, or they can be used to provide electricity for small appliances like fans or lights.
Some of the major players in the solar power banks market are Anker, Aukey, RavPower, Xiaomi Technology, TP-Link, Zendure, Goal Zero, IEC Technology, Sony, Limefuel, Anker, Gridless Power, Philips, Mopo, Sungzu, Suntrica.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Power Banks 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 Solar Power Banks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Power Banks 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 Solar Power Banks 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 Solar Power Banks Market Size & Forecast, 2018-2028
4.5.1 Solar Power Banks Market Size and Y-o-Y Growth
4.5.2 Solar Power Banks Market Absolute $ Opportunity
Chapter 5 Global Solar Power Banks 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 Solar Power Banks Market Size Forecast by Type
5.2.1 Single USB
5.2.2 Dual USB
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solar Power Banks 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 Solar Power Banks Market Size Forecast by Applications
6.2.1 Mobile
6.2.2 Tablet
6.2.3 Media Device
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Power Banks 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 Solar Power Banks 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 Solar Power Banks Analysis and Forecast
9.1 Introduction
9.2 North America Solar Power Banks 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 Solar Power Banks Market Size Forecast by Type
9.6.1 Single USB
9.6.2 Dual USB
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 Solar Power Banks Market Size Forecast by Applications
9.10.1 Mobile
9.10.2 Tablet
9.10.3 Media Device
9.10.4 Others
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 Solar Power Banks Analysis and Forecast
10.1 Introduction
10.2 Europe Solar Power Banks 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 Solar Power Banks Market Size Forecast by Type
10.6.1 Single USB
10.6.2 Dual USB
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 Solar Power Banks Market Size Forecast by Applications
10.10.1 Mobile
10.10.2 Tablet
10.10.3 Media Device
10.10.4 Others
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 Solar Power Banks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solar Power Banks 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 Solar Power Banks Market Size Forecast by Type
11.6.1 Single USB
11.6.2 Dual USB
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 Solar Power Banks Market Size Forecast by Applications
11.10.1 Mobile
11.10.2 Tablet
11.10.3 Media Device
11.10.4 Others
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 Solar Power Banks Analysis and Forecast
12.1 Introduction
12.2 Latin America Solar Power Banks 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 Solar Power Banks Market Size Forecast by Type
12.6.1 Single USB
12.6.2 Dual USB
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 Solar Power Banks Market Size Forecast by Applications
12.10.1 Mobile
12.10.2 Tablet
12.10.3 Media Device
12.10.4 Others
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) Solar Power Banks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solar Power Banks 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) Solar Power Banks Market Size Forecast by Type
13.6.1 Single USB
13.6.2 Dual USB
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) Solar Power Banks Market Size Forecast by Applications
13.10.1 Mobile
13.10.2 Tablet
13.10.3 Media Device
13.10.4 Others
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 Solar Power Banks Market: Competitive Dashboard
14.2 Global Solar Power Banks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anker
14.3.2 Aukey
14.3.3 RavPower
14.3.4 Xiaomi Technology
14.3.5 TP-Link
14.3.6 Zendure
14.3.7 Goal Zero
14.3.8 IEC Technology
14.3.9 Sony
14.3.10 Limefuel
14.3.11 Anker
14.3.12 Gridless Power
14.3.13 Philips
14.3.14 Mopo
14.3.15 Sungzu
14.3.16 Suntrica
