The global solar mobile charger market is anticipated to grow at a considerable CAGR of 7.4% during the forecast period (2022-2028). There is a significant rise in the installations of solar photovoltaic (PV) systems owing to the increasing awareness among people regarding clean energy sources. As per the International Energy Agency (IEA), Solar PV accounted for 3.1% of global electricity generation, and it remains the third-largest renewable electricity technology behind hydropower and onshore wind after overtaking bioenergy in 2019. From 2019 to 2020, China alone was responsible for 75% of rising annual solar PV installations, as projects were contracted under China’s former Feed-in Tariff (FIT) scheme.
Browse the full report description “Global Solar Mobile Charger Market Size, Share & Trends Analysis, by Panel Type (Mono-Crystalline Solar Chargers, Poly-Crystalline Solar Chargers, Amorphous Solar Chargers, And Hybrid Solar Chargers), by Application (Individual Customers, Transportation, Military), By Charger Type (Solar Trickle Chargers, Clamshell Solar Chargers, Folding Solar Chargers, And Backpack Solar Chargers) ForecastPeriod (2022-2028)” at https://www.omrglobal.com/industry-reports/solar-mobile-charger-market
In the US, developers accelerated to finish their projects earlier the expiration of the manufacturing tax credit, however, it was extended for another year in December 2020. In Vietnam, the phaseout of the FIT for solar PV projects supported an unprecedented rush in commercial and residential installations. Meanwhile, the deployment also accelerated in the EU, with countries augmenting their efforts to get on track with 2030 climate targets. Overall, a record 133 GW of solar PV was installed globally in 2020. China’s solar PV capacity additions reached 48.2 GW in 2020, marking a rebound after a slowdown in 2018-2019. Rising deployment in China was primarily led bythe utility-scale projects before the FIT scheme expired at the end of 2020. Further, Solar PV capacity in the US increased 45.0% in 2020 to reach 19.3 GW. Continued growth in residential and commercial markets and planned phaseout of the production tax credit are some key factors supporting the capacity additions of solar PV in the US. Additionally, less than 4 GW of solar PV capacity was installed in India in 2020, almost 60.0% less than in 2019. Supply chain, construction and logistics disruptions due to the strict national COVID-19 lockdown delayed the commissioning of numerous projects in India, which has adversely affected the solar PV capacity additions in the country.
Market Coverage
Segment Covered-
Regions Covered-
Competitive Landscape- Anker Technology Co. Ltd., Canadian Solar Inc., Cobra Electronics Corp., and Suntech Power Holdings Co., Ltd. among others.
Key questions addressed by the report
oDeviation from the pre-COVID-19 forecast
oMost affected region and segment
Global Solar Mobile Charger Market Report Segment
By Panel Type
By Application
Global Solar Mobile Charger Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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