Solar Power Bank Market, By Product Type, By Battery Type, By Application, By Geography

Description

The Global Solar power bank market is estimated to be valued at USD 14.67 Bn in 2024 and is expected to reach USD 25.74 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 14.67 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	8.40%	2031 Value Projection:	US$ 25.74 Bn

Figure. Solar Power Bank Market Share (%), By Region, 2024

With rising concerns about the depletion of non-renewable energy sources and the adverse environmental impacts of carbon emissions, the global focus on sustainability and renewable energy is increasing. Solar energy, being a clean and easily available source, is at the forefront of this transition towards a greener future. Rapid technological advancements have enabled the development of highly efficient yet affordable solar photovoltaic modules. Additionally, the production of portable and compact solar power banks has facilitated the usage of solar energy even while on the move. The ability to charge consumer electronics leveraging the power of the sun helps drive independence from conventional electricity grids. With growing awareness and the rising sales of smartphones and other portable devices, the demand for solar power banks is projected to witness significant growth in the coming years.

Market Dynamics:

The global solar power bank market is driven by the rising adoption of sustainable and eco-friendly energy solutions. Growing environmental consciousness among consumers and regulatory push for renewable sources have boosted the demand. Furthermore, increasing remote working and outdoor activities have amplified the requirement for charging phones and other devices untethered from power sockets. However, the market potentially faces challenges from the availability of cheaper alternatives from China and perception issues regarding the performance of solar products. Meanwhile, continuous technological upgrades including higher power density, longer battery life, and compact designs present significant opportunities. Moreover, integration with IoT and advancements in lithium-ion batteries are likely to augment the attractiveness of solar power banks over the forecast period.

Key Features of the study:

This report provides in-depth analysis of the global solar power bank market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global solar power bank market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Anker Innovations, ADATA Technology Co. Ltd., Beijing Xiaomi Technology Co. Ltd., Goal Zero, Hiluckey, Innoo Tech, Nekteck, Panasonic Corporation, RAVPower, Samsung SDI, Solar Monkey, SunJack, TP-Link, Ultimate Ears, and X-Dragon

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global solar power bank market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solar power bank market

Detailed Segmentation-

By Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Portable Solar Power Banks
- Solar Charging Cases
- Solar Phone Chargers
By Battery Type Insights (Revenue, USD Bn, 2019 - 2031)
- Lithium-ion
- Lithium Polymer
- NiMH (Nickel Metal Hydride)
By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Smartphones
- Tablets
- Laptops
- Other Devices
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Anker Innovations
- ADATA Technology Co. Ltd.
- Beijing Xiaomi Technology Co. Ltd.
- Goal Zero
- Hiluckey
- Innoo Tech
- Nekteck
- Panasonic Corporation
- RAVPower
- Samsung SDI
- Solar Monkey
- SunJack
- TP-Link
- Ultimate Ears
- X-Dragon

Product Code: CMI7412

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Battery Type
- Market Snippet, By Application
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of the COVID-19 Pandemic

4. Global Solar Power Bank Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Portable Solar Power Banks
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Solar Charging Cases
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Solar Phone Chargers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global Solar Power Bank Market, By Battery Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Lithium-ion
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Lithium Polymer
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
NiMH (Nickel Metal Hydride)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global Solar Power Bank Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Smartphones
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Tablets
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Laptops
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Other Devices
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

7. Global Solar Power Bank Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Israel
  - GCC Countries
  - Rest of the Middle East
Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Company Profiles
- Anker Innovations
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ADATA Technology Co. Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Beijing Xiaomi Technology Co. Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Goal Zero
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Hiluckey
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Innoo Tech
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Nekteck
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Panasonic Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- RAVPower
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Samsung SDI
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Solar Monkey
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- SunJack
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- TP-Link
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Ultimate Ears
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- X-Dragon
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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