Solar Charger Statistics 2024 and Facts

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Introduction

Solar Charger Statistics: As of recent reports analysis, the global market size of the Solar Charger is expected to reach $13.1 billion by the end of 2033. The sales of solar chargers have increased due to the increasing demand for electric vehicles and the increasing use of electricity in the transportation industry. The global solar charger market is segmented based on types, applications, geography, shipment, market share, etc. These solar charger statistics include insights from various aspects that provide light on why Solar Chargers are a growing industry around the world.

Editor’s Choice

According to the report’s analysis of Fact.MR, the worldwide market size of the Solar Charger in 2023 is expected to be almost $3.5 billion.
The global market growth is predicted to reach a CAGR of 14.1% from 2023 to 2033.
The global market share of Mono-crystalline Panels is supposed to be 70% in 2023.
By the end of 2023, the largest market of solar chargers is going to be achieved by Canada in the region of North America with a share of 30%.
According to the reports of maximize market research, the fastest growing market share is going to be achieved by the Middle East and African region with a CAGR of 21% from 2023 to 2029.
According to the reports of Maximize Market Research, the market valuation of portable solar chargers in 2022 was $3.64 billion and by the end of 2029, the valuation is expected to reach $13.83 with a CAGR of 21% from 2022 to 2029.
In the portable solar charger market, the foldable type segment is expected to reach a CAGR of 22% by the end of 2029.
By the end of 2029, the use of solar chargers is expected to increase faster in the defense sector with a CAGR of 21%.
Around the world, most solar chargers are imported from China, Vietnam, and India.
As of reports, there are 2,735 global buyers available in 190 countries and 2,095 global suppliers of solar chargers are available in 61 countries in 2023.

What is a Solar Charger?

Solar chargers are generally portable and employ solar energy to supply electricity to many electronic devices and batteries. A solar charger consists of 3 important components such as a solar panel, a rechargeable battery, and a charge controller.

The solar chargers are used as travel chargers for mobile phones, cameras, laptops, gaming devices, and tablets; the solar chargers are integrated with laptop bags, solar backpacks, and rucksacks; portable solutions for homes, standalone non-portable charging stations for e-bikes, and solar power units for public spaces.

Facts of Solar Charger

As of reports in June 2023, a new company that finances assets of solar energy and digital devices (Yellow) in Africa has raised around $14 million in a Series B financing round for enabling growth efforts over the African region.
In July 2023, a Mexican solar panel start-up known as ‘Bright’ which was backed by Hollywood hotshot Leonardo DiCaprio announced that the fund has raised $31.5 million in Series C financing round.

(Source: marketresearchfuture.com)

According to Market Research Future, the market size of the portable solar charger by the end of 2023 is expected to be $0.24 billion and by 2023 it is supposed to be $0.9 billion with a market growth of 17.50% from 2023 to 2032.
In 2022, the dominating market of the portable solar charger industry was North America with a share of 45.80%, which is followed by Europe, Asia Pacific, and the rest of the world.
The leading manufacturers are Renogy, HQST, Goal Zero, Go Power, Acopower, Voltaic System, EMPO-NI off-grid solutions, Anker Innovations Limited, etc.

Solar-Battery-Charger-Market-Size-And-Forecast

(Source: verifiedmarketresearch.com)

According to the reports of Solar battery charger market size is projected to be around $5.1 billion by the end of 2030, with a CAGR of 18.7% from 2022 to 2030.
There are 3 different types of solar charge controllers available Simple 1 or 2-stage controls, Pulse width modulated, and maximum power point tracking.

General Statistics

According to the reports of Energy ARC, the global market size of solar panels is expected to reach $1,296.3 million by the end of 2027 with a CAGR of 17.5% from 2022 to 2027.
As of knowledge sourcing intelligence report analysis, the portable solar charger market is growing enormously due to the surge in activities such as hiking, traveling, and camping.
According to SGB Media reports, in 2023 almost 97% of Americans have planned to enjoy outdoor activities.
According to the IBEF reports, by the end of 2028 in India the travel and tourism sector is going to contribute around $512 billion.
The three important products of solar chargers are portable 5V/2A 10W USB Solar chargers (designed by Flexsolar), sCharger-5 (Suntactics), and SOLAR ADVENTURE II (Powertraveller International Ltd.)
Portable 5V/2A 10W USB Solar chargers are used to charge mobile phones, power banks, and rechargeable USB devices under sunlight.
sCharger-5 supports all USB devices such as Samsung phones, the latest iPhones, and power banks in which the charger must be kept in 30 degrees of direct sunlight.
Solar Adventure II is capable of charging most 5V electronic devices such as smartwatches, action cameras, smartphones, etc.
The solar chargers can easily charge lead acid batteries and Ni-Cd batteries with capacities up to 48V and 4000 mAh.

Advantages of Solar Charger

It requires natural energy and no requirement of external electricity.
The overall operational and maintenance cost is zero.
Provides an immediate charging facility (anywhere and anytime) for recharging electrical items such as tablet devices, mobile phones, etc.
The purchasing and set up cost is expensive and mostly depends on specifications.

Solar Charger Statistics by Types (Efficiency)

The solar charger includes solar panels that allow for converting solar energy into electrical energy.
Different types of panels used are Monocrystalline solar chargers, Poly-crystalline solar chargers, Amorphous solar chargers, and Hybrid solar chargers.
According to the reports of Transparency Market Research 2023, the most effective chargers are Mono-crystalline with 15% efficiency; other efficiency shares of solar chargers are followed by Poly-crystalline (13%), Amorphous Amorphous (7%), and hybrid (18%)

Solar Charger Statistics by Shipments

According to the report’s analysis of Volza Grow Global, the total solar charger shipment units turned out 11.9K which is imported by 2,735 and 2,095 world importers and suppliers respectively.
The top 3 importers of solar chargers statistics by shipments are followed by Uganda (2,359), the United States (2,343), and Vietnam (1,334).
The top product categories of solar chargers around the world in 2023 are HSN Code 85044000000, HSN Code 85044090, and HSN Code 39269099.
The import market share with several shipments is followed by Cloud Network Technology Singapore PTE Ltd. (976), Funding Precision Component Co. Ltd. (406), and Star Aaroh General Investments Ltd Jinja Jinja Municipality East Jinja Central Central Jinja Eastmain Street East Jinja City Na 8081 Jinja (368).
The export market share statistics by shipments are followed by Funding Precision Component Co. Ltd (789), New Spread Trading Limited (546), and Cloud Network Technology Singapore PTE Ltd. (422).

Solar Battery Statistics by Market Size

According to the reports of Straits Research analysis, the global market size of solar batteries is expected to reach around $540 million by the end of 2030.
The market share is going to grow at a CAGR of 15.5% from 2022 to 2030.
As of 2023, the revenue share of the Asia Pacific region is around 40% and the market value is supposed to be $215 million by the end of 2030 at a CAGR of 17.5%.
Whereas by the end of 2030, the 2nd largest market value is going to be accounted for by the European region resulting in $175 million with a CAGR of 15.8%.
The 3rd largest market is going to be achieved by the North American region with around $40 million at a CAGR of 9% from 2023 to 2030.

Solar Chargers Statistics by Countries

Global Buyers and Suppliers

Number of buyer’s statistics by countries is followed by the United States (673), Uganda (377), India (318), Vietnam (182), Pakistan (169), Peru (97), Kenya (89), Philippines (76), Sri Lanka (56), and Indonesia (50).
Number of suppliers are followed by countries are followed by China (1180), India (185), the United States (131), Hong Kong (116), and Vietnam (56).

Global Importers and Suppliers

Global import of solar chargers by countries are followed by Uganda (2359), United States (2343), Vietnam (1334), India (1150), Kenya (670), Peru (480), Pakistan (451), Tanzania (431), Spain (220), Turkey (217), Singapore (204), Indonesia (136), Netherlands (122), Philippines (115), Australia (111), Sri Lanka (109), and Nigeria (105).
Global export of solar chargers by countries is followed by China (7299), Vietnam (1695), India (1076), Hong Kong (307), United States (294), Switzerland (165), Netherlands (145), and Taiwan (113).

Solar Chargers Statistics by Rank

#1. Blavor solar power bank (overall best)

(Source: zdnet.com)

This solar charger includes features such as 20,000 mAh with 3 different light modes and, the capability of fast charging by using a maximum of 18W charging power.
Compatibility in both Apple / Android devices, other devices such as USB charging, MP3 players, cameras, and MP3 players, and GPS
Benefits include 4 ports, a built-in flashlight, a compass, and Qi wireless charging.

#2. BigBlue 28W Solar Charger (best portable charger)

(Source: zdnet.com)

This solar charger includes features such as 28W, USB-C cable, and waterproof protector which work mostly with Android and Apple devices.
The pros are a 3-port design, quick charging speeds, and fantastic durability.

#3. Hiluckey 25,000 mAh Powebank (best for fast charging)

(Source: zdnet.com)

Features include 25,000 mAh, the charging time is up to 6 times faster, waterproof, shock and dust resistant.
The Pros are a built-in battery pack, charges multiple devices, and a compact design

#4. Jackery Solar generator (best luxury charger)

(Source: zdnet.com)

Features include 1534Wh with 1800W, 4 SolarSaga 100W solar panels, and car charger cable.
The pros of this device are very efficient, has a reliable operation, and performs in cloudy weather.

Solar Chargers Statistics Charging Stations

The global market size of the solar charging station by the end of 2023 is expected to be $0.72 billion and $2.98 billion by the end of 2032, with a CAGR of 19.30% from 2023 to 2032.
According to the reports of Market Research Future, in 2022 the largest market was accounted by the North American region with $0.28 billion.
On the other hand, the household segment is holding the dominating market accounting for 55% share resulting in $0.34 billion.
The on-grid charging station was dominating the market accounting for 60% of the revenue share resulting in $0.37 billion.
Whereas, the battery energy storage system segment is a dominant component across the market with a revenue share of 55% resulting in $0.34 billion.

Conclusion

As of today, after completing the article on Solar Charger Statistics it can be stated that solar chargers are known to be versatile as they can be used for charging several electronic devices such as phones, laptops, drones, cameras, etc without any requirement of electric power. The popularity of portable solar chargers is increasing enormously around the world as every year lots of people are opting this for several adventure and outdoor activities.

As of the above report analysis by the end of 2033 the projected global market value is expected to be $13.1 billion. This article includes possible effective statistics for understanding the basic importance of the topic.