Global Portable Solar Charger Market By Type(Small Portable Charger, Foldable Portable Charger, Backpack Solar Chargers, Others), By Panel Type(Mono- Crystalline, Amorphous, Poly-Crystalline, Hybrid, Others), By Panel Size(Less than 20W, 21W to 60W, More than 60W), By Portability(Small Portable, Foldable, Backpack, Others), By Application(Individual, Defense, Transportation, Others), By Distribution Channel(Supermarkets/Hypermarkets, Specialty Stores, Online, Others) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Report Overview

The global Portable Solar Charger Market size is expected to be worth around USD 1637 Million by 2033, from USD 361.6 Million in 2023, growing at a CAGR of 16.3% during the forecast period from 2023 to 2033.

The portable solar charger market refers to the industry involved in the design, manufacturing, and distribution of devices that use solar energy to generate electricity for charging various electronic devices.

These chargers are typically compact, lightweight, and designed for easy portability, allowing users to harness solar power to charge their smartphones, tablets, cameras, and other portable gadgets. The market encompasses a range of products with varying capacities, features, and designs to cater to the diverse needs of consumers who seek sustainable and convenient charging solutions.

Key Takeaways

• Market growth: Expected worth of USD 1637 million by 2033, with a CAGR of 16.3% from USD 361.6 million in 2023.
• Dominant segments: Small Portable Chargers lead with 45.3% share; Specialty Stores dominate distribution with 54.3% market share.
• Application trends: Individual use leads with over 47.6% share; Defense and Transportation also significant.
• Regional analysis: Asia Pacific holds a 39.9% market share, with a robust 8.1% CAGR; North America and Europe show promising growth.
• Monocrystalline solar panels are the most efficient and commonly used in portable solar chargers, with conversion efficiencies ranging from 15% to 22%.
• The average charging time for a smartphone using a portable solar charger is around 2-3 hours in direct sunlight.
• As of 2023, the average capacity of portable solar chargers ranges from 5,000 mAh to 25,000 mAh.
• In 2024, it is projected that over 60% of portable solar chargers sold will have built-in lithium-ion batteries

By Type

In 2023, Small Portable Chargers emerged as the frontrunner in the portable solar charger market, securing a prominent market position with a robust share of over 45.3%. These compact powerhouses are designed for on-the-go convenience, offering users a portable and lightweight solution to keep their devices charged, whether they’re hiking, camping, or simply navigating their daily routines.

Following closely in popularity are the Foldable Portable Chargers, which accounted for a significant market share. These chargers, with their flexible designs, provide users with versatility and ease of storage. The foldable feature enhances portability, making it an attractive choice for those who prioritize compact and adaptable charging solutions.

Backpack Solar Chargers also made a notable impact on the market, capturing attention with their integration into everyday items. In 2023, these chargers secured a noteworthy share, reflecting the market’s inclination towards seamlessly incorporating solar charging capabilities into common accessories. The integration of solar panels into backpacks exemplifies the industry’s commitment to merging functionality with eco-friendly innovations.

By Panel Type

In 2023, Small Mono-Crystalline portable solar chargers emerged as the market leader, commanding a significant position with over 33.3% market share. These sleek and efficient chargers, leveraging advanced mono-crystalline solar cell technology, proved to be the preferred choice for users seeking optimal energy conversion and compact design.

Amorphous portable solar chargers also played a notable role, offering flexibility in application and showcasing a substantial market presence. With their ability to adapt to various surfaces and conditions, amorphous chargers captured attention, contributing to the overall diversity within the portable solar charger market.

Poly-Crystalline chargers, while holding a substantial share, faced strong competition from their mono-crystalline counterparts. Despite this, their cost-effectiveness and reliable performance continued to make them a popular choice among consumers seeking a balance between efficiency and affordability.

The Hybrid category, combining different solar cell technologies, witnessed a growing acceptance in the market. These chargers addressed the demand for versatility, providing users with an amalgamation of the strengths offered by various solar cell types.

By Panel Size

In 2023, the 21W to 60W panel size category asserted its dominance in the portable solar charger market, securing a robust market position with over 45.5% share. This mid-range segment proved to be the sweet spot for consumers, offering a balanced combination of power output and portability.

Portable solar chargers with Less than 20W capacity maintained a steady market presence, catering to users seeking lightweight and compact charging solutions. These chargers are ideal for powering small devices on the go, providing a convenient option for outdoor activities and everyday use.

The More than 60W segment, while holding a notable share, appealed to consumers with higher energy demands. These chargers are designed for users requiring substantial power output for charging multiple devices simultaneously or larger electronic gadgets.

The 21W to 60W panel size range demonstrated its popularity by offering a versatile solution that strikes a balance between power and portability. Consumers found these chargers suitable for a variety of applications, from outdoor adventures to emergency preparedness, contributing to their significant market presence.

By Portability

In 2023, Small Portable solar chargers emerged as the leaders in the market, securing a dominant position with more than a 47.6% share. These compact chargers, designed for easy carrying and on-the-go convenience, proved to be the preferred choice for users seeking a lightweight and pocket-sized solution for powering their devices.

Following closely, Foldable portable chargers showcased a significant market presence. Their flexible design, allowing for easy storage and enhanced portability, appealed to consumers looking for versatile charging solutions. The ability to fold these chargers neatly added an extra layer of convenience for users on the move.

Backpack solar chargers also played a noteworthy role, capturing consumer interest with their integration into everyday items. In 2023, they secured a substantial market share, reflecting a growing trend of seamlessly incorporating solar charging capabilities into commonly used accessories. This integration aligns with the industry’s commitment to merging functionality with sustainable innovations.

By Application

In 2023, Individual applications took the lead in the portable solar charger market, securing a dominant position with over 47.6% share. This indicates that a significant portion of consumers preferred these chargers for personal use, emphasizing the popularity of portable solar charging solutions among individuals for their daily activities and outdoor adventures.

Defense applications also played a significant role, showcasing a notable market presence. Portable solar chargers in defense applications are designed to provide a reliable power source for military personnel during field operations and in remote locations, contributing to the sector’s diverse energy needs.

Transportation emerged as another key application segment, capturing attention with a substantial market share. Solar chargers designed for transportation applications, such as solar-powered electric vehicles and charging stations, reflected the industry’s commitment to sustainable mobility solutions.

By Distribution Channel

In 2023, Specialty Stores emerged as the frontrunners in the portable solar charger market, securing a dominant position with more than a 54.3% share. This highlights the significance of specialized retail outlets that cater specifically to the needs of consumers seeking a diverse range of portable solar charging solutions.

Online distribution channels played a substantial role, reflecting the growing trend of consumers turning to digital platforms for their shopping needs. With the ease of browsing and purchasing, online channels captured a significant market share, providing consumers with convenient access to a wide variety of portable solar chargers.

Supermarkets/Hypermarkets, while holding a notable share, faced stiff competition from specialty stores and online platforms. These mass-market retail channels attracted consumers with their wide product availability, but the dominance of specialty stores indicates a preference for a more focused and knowledgeable shopping experience.

Market Key Segments

By Type

• Small Portable Charger
• Foldable Portable Charger
• Backpack Solar Chargers
• Others

By Panel Type

• Mono- Crystalline
• Amorphous
• Poly-Crystalline
• Hybrid
• Others

By Panel Size

• Less than 20W
• 21W to 60W
• More than 60W

By Portability

• Small Portable
• Foldable
• Backpack
• Others

By Application

• Individual
• Defense
• Transportation
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• Online
• Others

Drivers

Growing Environmental Awareness:

The increasing global awareness of environmental issues and the shift towards sustainable practices have become significant drivers for the portable solar charger market. Consumers are increasingly looking for eco-friendly alternatives to traditional energy sources. Portable solar chargers provide a clean and renewable energy solution, aligning with the growing demand for green technologies.

Rising Outdoor Activities and Travel:

The surge in outdoor activities, camping, hiking, and travel has boosted the demand for portable solar chargers. Consumers engaged in outdoor pursuits seek reliable and convenient ways to keep their electronic devices charged. Portable solar chargers offer a sustainable and off-grid solution, catering to the needs of adventurers and outdoor enthusiasts.

Restraints

Limited Efficiency and Power Output:

One of the primary restraints in the portable solar charger market is the limitation in efficiency and power output. Solar technology, while advancing, still faces challenges in maximizing energy conversion. The size and weight constraints of portable chargers also impact the amount of power they can generate, restricting their capabilities compared to traditional charging methods.

Dependency on Weather Conditions:

The reliance on sunlight as the primary energy source introduces a vulnerability to weather conditions. Cloudy days or limited sunlight can significantly impact the charging efficiency of portable solar chargers. This dependence on weather may discourage some users, especially in regions with inconsistent sunlight patterns.

Opportunities

Rural Electrification Initiatives:

The opportunity for portable solar chargers lies in their potential contribution to rural electrification initiatives. In many developing regions, access to reliable electricity is limited. Portable solar chargers can serve as a decentralized power source, providing energy for lighting and small electronic devices, thereby addressing energy poverty.

Technological Advancements in Solar Cells:

Ongoing advancements in solar cell technology present a significant opportunity for the market. Improvements in efficiency, durability, and flexibility can enhance the overall performance of portable solar chargers. As research and development progress, the market can benefit from breakthroughs in solar technology, making chargers more effective and appealing to a broader consumer base.

Trends

Integration of Smart Technologies:

A notable trend in the portable solar charger market is the integration of smart technologies. Some chargers come equipped with features like Bluetooth connectivity, USB-C compatibility, and intelligent power management systems. These technologies enhance user experience, providing more control and information about charging processes.

Innovations in Design and Form Factors:

The market is witnessing continuous innovation in the design and form factors of portable solar chargers. Manufacturers are focusing on creating foldable, lightweight, and even wearable chargers, enhancing portability and usability. These design innovations cater to consumers seeking both functionality and aesthetics in their charging solutions.

Regional Analysis

The Asia Pacific region dominates the global portable solar charger market, holding the largest market share at 39.9%. The substantial growth in this region is underpinned by the escalating consumption of plastics across vital end-use sectors, including construction, automotive, conductive polymers, and packaging.

Key contributors to this growth include the surge in polymer production witnessed in countries like China, India, and Southeast Asian nations such as Korea, Thailand, Malaysia, and Vietnam. This surge is expected to act as a primary catalyst for market expansion in the Asia Pacific region in the foreseeable future.

North America is poised to experience heightened demand for portable solar chargers, driven by economic growth that fuels expansions in automotive, polymer, and manufacturing industries. The increased demand for carbon black products in this region is anticipated to be substantial.

Meanwhile, the European region is forecasted to undergo significant growth in the portable solar charger market, primarily attributed to robust demand in the textile industries. This demand is indicative of a broader trend towards sustainability and clean energy solutions, positioning portable solar chargers as essential components in powering various applications across diverse industries in the European market.

Key Regions and Countries

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

In the dynamic landscape of the portable solar charger market, several key players play pivotal roles, contributing significantly to the industry’s growth and innovation.

Notable companies such as Anker Innovations, Goal Zero, Renogy, Powertraveller International Ltd., and Instapark have emerged as leading players, showcasing strong market presence and a commitment to delivering cutting-edge solutions

Market Key Players

• Goal Zero
• Aukey
• Ecever
• BEARTWO
• Anker
• FlexSolar
• Renogy
• Alternative Energy Inc.
• Powertraveller
• Freeloader
• Raftsman
• BigBlue
• Garmin
• Voltaic Systems
• SunTactics
• X-Dragon
• Flagsun
• PowerFilm Solar
• Nekteck and Dongguan Yuyi Solar

Recent Developments

2023 Anker: Introduced a series of portable solar chargers with integrated wireless charging capabilities for a more convenient user experience.

2023 Jackery: Launched a new line of portable solar generators with higher capacities and improved efficiency, catering to users with increased power needs for outdoor activities or emergencies.

2023 Goal Zero: Unveiled a portable solar panel with a built-in kickstand and a more compact design for easier portability.

Report Scope