The Key Players in Global Solar Battery Charger Market 2016-2020

Thursday 25 February 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Solar Battery Charger Market: Anker, Cobra, Goal Zero, Poweradd and Solio

Other Prominent Vendors in the market are: All Powers, Endless Sun Solar, Powertraveller, Shenzhen Portable Electronic Technology, SunTactics and Suntrica.

Commenting on the report, an analyst said: “The demand for solar PV consumer products such as solar battery chargers is increasing steadily as they provide low-cost and clean power to end-users. These products are gradually replacing conventional battery chargers that operate on the central power supply. The solar battery charger market is growing steadily because of increased demand from the US, Germany, the UK, Spain, Japan, India, Thailand, and Italy.”

According to the report, growing population and rapid industrial development have increased the demand for power globally, which has resulted in a demand–supply gap. Solar battery chargers help meet the needs while minimizing the dependency on conventional sources of electricity. Also, these chargers can be used even when there is a power outage or any other emergency. The key end-users, such as the telecommunications and automobile industry, are driving the growth in the solar battery chargers market.

Further, the report states that power output from solar PV depends upon the strength of sun rays, which varies according to the amount of cloud cover and the time of the day. This intermittent nature of solar energy results in a less reliable power source compared to conventional chargers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.