Lewes, DE -- (SBWire) -- 03/08/2016 --Report forecast the global solar battery charger market to grow at a CAGR of 13.8% during the period 2016-2020.
The solar battery charger is a portable system that uses sunlight to provide electricity to devices or charge batteries. This charger can charge batteries like lead acid and Ni-Cd (nickel cadmium) with a capacity up to 4,000 mAh, 48 V. The solar charger uses intelligent charge controllers to improve its efficiency. These chargers are portable, save energy, and require low maintenance. The panels used in the solar battery charger could be thin-films with an efficiency ranging from 7%-8% or monocrystalline panels with an efficiency of 18%-20%.
Solar battery chargers could be of different types, including solar trickle charger, clamshell solar charger, solar backpacks, and folding solar charger.
The report covers the present scenario and the growth prospects of the global solar battery charger market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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.
Global Solar Battery Charger Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
Market driver
- Increasing use of electronic devices
- For a full, detailed list, view our report
Market challenge
- Intermittent nature of solar power
- For a full, detailed list, view our report
Market trend
- High demand for solar photovoltaic (PV) consumer products
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 44 pages and 22 Exhibit "Global Solar Battery Charger market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-solar-battery-charger-market-2016-2020
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