The global solar cooker market is anticipated to grow at a CAGR during the forecast period (2021-2027). The global solar cooker market growth is driven by the increasing support from the government in terms of funding and awareness programs to promote renewable energy sources for energy generation and cooking. For instance, the integrated Solar Cooker project was initiated by the Association of Women Engineers of Mali in order to promote production techniques and technologies for integrated solar cookers in households and mainly in rural areas. Furthermore, in September 2019, the UK guaranteed $250 million to the Climate Investment Funds’- Global Energy Storage Program in collaboration with the World Bank’s Energy Storage Partnership with World Bank’s Energy Storage. The aim of the investment was to deliver energy storage and renewable energy solutions to help middle-income and developing countries increase their use of renewables, particularly wind and solar power.
Browse the full report description of “Global Solar Cooker Market Size, Share & Trends Analysis Report By Type (Solar Box Cooker, Solar Panel Cooker, and Solar Parabolic Cooker) By Application (Water Distillation & Purification, Solar Smelting, Grain Sterilization, Medical Equipment Sterilization, and Others) Forecast 2021-2027” at https://www.omrglobal.com/industry-reports/solar-cooker-market
Furthermore, to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflow in the Indian non-conventional energy sector stood at $10.28 billion between April 2000 and June 2021. This led to the adoption of renewable energy devices such as solar cookers and solar water heaters. Such initiatives by the government are expected to create significant scope for market growth.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Type
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Solar Cookers International, Sunrise Global Solar Energy, Rudra Solar Energy , Sino-American Silicon Products Inc, Kavita Solar Energy Private Ltd., and others.
• Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Solar Cooker Market Report Segment
• Global Solar Cooker Market, By Type
• Global Solar Cooker Market, By Application
• Global Solar Cooker Market, By End-User
Global Solar Cooker Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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