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US Solar Charger Market Size, Share & Trends Analysis Report By Solar Panel Type (Folding, Fixed, and Flexible), By Type (Portable and Standalone), By Application, and Forecast, 2023 - 2030

Published Date : 29-Oct-2024

Pages: 54

Formats: PDF

The US Solar Charger Market size is expected to reach $113.26 Million by 2030, rising at a market growth of 10.7% CAGR during the forecast period.

The solar charger market in the United States has witnessed substantial growth over the past few years. Solar chargers, also known as solar power banks or solar panels with integrated battery storage, offer a convenient and eco-friendly solution for charging various electronic devices such as smartphones, tablets, cameras, and more. One key driver behind the growth of the solar charger market is the growing awareness regarding environmental sustainability. Americans are increasingly conscious of their carbon footprint and actively seek renewable energy solutions to power their devices.

US Solar Charger Market Size - Opportunities and Trends Analysis Report 2019-2030

Technological advancements have also significantly influenced the solar charger market. Manufacturers in the U.S. are continually innovating to improve the efficiency and performance of solar chargers, making them more reliable and convenient for Americans. Furthermore, the rising adoption of solar energy across various sectors, including residential, commercial, and industrial, has contributed to the growth of the solar charger market. As more households and businesses install solar panels to generate clean energy, the demand for complementary products like solar chargers is expected to increase.

However, the COVID-19 pandemic has positively and negatively impacted the solar charger market in the United States. The pandemic has increased awareness about the importance of emergency preparedness and self-sufficiency, driving demand for off-grid solutions like solar chargers. Additionally, lockdown measures and travel restrictions have encouraged people to explore outdoor activities such as camping and hiking, creating opportunities for solar charger manufacturers. Furthermore, the pandemic has also disrupted global supply chains and caused economic uncertainty, affecting the production and distribution of solar chargers.

Market Trends

Growing popularity of outdoor recreational activities

In recent years, there has been a notable surge in outdoor activities across the United States. This trend has significantly impacted the solar charger market, with Americans increasingly seeking portable power solutions for their outdoor adventures. Advancements in solar panel efficiency, battery storage capacity, and durability have enhanced the usability and reliability of these devices in various outdoor conditions. Many modern solar chargers feature rugged designs, waterproof casing, and multiple charging ports, making them ideal companions for outdoor enthusiasts seeking off-grid power solutions.

One key driver of this trend is the growing popularity of outdoor recreational activities such as camping, hiking, and boating. According to the U.S. Bureau of Economic Analysis, in 2021, the outdoor activities sector in the United States contributed significantly to the national gross domestic product (GDP), comprising 1.9 % ($454.0 billion) of the total GDP. Among these activities, boating and fishing emerged as the leading conventional pursuit, generating $27.3 billion in current-dollar value added. As more Americans embrace the beauty of the great outdoors, they are also becoming more mindful of their environmental impact. Solar chargers offer a convenient and eco-friendly way to power essential devices such as smartphones, GPS devices, cameras, and even camping lanterns without relying on traditional electricity sources or disposable batteries.

Additionally, the increasing prevalence of solar-powered outdoor amenities, such as solar-powered campsites and charging stations in national parks and recreational areas, has further popularized the adoption of solar chargers among outdoor enthusiasts in the U.S. These amenities promote sustainable energy practices and also serve as practical demonstrations of the reliability and efficacy of solar technology in outdoor settings. Thus, the surge in outdoor activities in the United States has propelled the solar charger market, driven by a growing appreciation for eco-friendly power solutions and advancements in technology catering to the needs of outdoor enthusiasts.

Increasing proliferation of tablets

The solar charger market in the United States has experienced a notable surge in adopting tablets as primary charging devices. One key driver behind the proliferation of tablets in the solar charger market is the widespread integration of tablets into various aspects of modern society. Tablets have become ubiquitous work, education, entertainment, and communication tools. According to the United States Census Bureau, in 2021, 64% of U.S. households possessed a tablet in 2021, showcasing a widespread acceptance of this technology. As more Americans rely on tablets for daily activities, the demand for convenient and reliable charging solutions has soared.

Advancements in solar charging technology have also played a significant role in driving the adoption of tablets in the industry. Solar chargers have become increasingly efficient and affordable, making them an attractive option for powering electronic devices, including tablets. Furthermore, a growing emphasis on environmental sustainability and reducing carbon footprints has spurred interest in renewable energy solutions like solar chargers. Many consumers seek eco-friendly alternatives to traditional charging methods that rely on fossil fuels or grid electricity. Solar chargers offer a clean and renewable energy source, allowing users to power their tablets while minimizing environmental impact.

Additionally, the convenience and versatility of solar chargers make them an attractive option for tablet users, especially those who are frequently on the go or in outdoor settings. Solar chargers provide a portable and independent power source, allowing users to charge their tablets anytime, anywhere, as long as there is access to sunlight. Thus, the surge in tablet adoption within the solar charger market in the United States is driven by the increasing integration of tablets into daily life, advancements in solar charging technology, and a growing emphasis on environmental sustainability.

US Solar Charger Market Share

Competition Analysis

The solar charger market in the United States has witnessed significant growth in recent years, driven by increasing awareness of environmental sustainability, rising demand for portable charging solutions, and advancements in solar technology. One prominent player in the U.S. solar charger market is Goal Zero. Founded in 2009, Goal Zero has established itself as a portable solar power solutions leader. The company offers a wide array of solar chargers, ranging from small, lightweight models designed for camping and outdoor activities to larger systems capable of powering entire off-grid cabins or RVs. Goal Zero's products are known for their durability, efficiency, and ease of use, making them popular among outdoor enthusiasts, adventurers, and emergency preparedness enthusiasts.

Renogy is another key player in the U.S. solar charger market. It specializes in solar panels and related accessories for residential and commercial applications. In addition to traditional rooftop solar panels, Renogy offers a range of portable solar chargers suitable for camping, boating, and other outdoor activities. The company's products are lauded for their reliability, performance, and affordability, making them a popular choice among DIY solar enthusiasts and off-grid enthusiasts.

Another notable player in the solar charger market is Anker Innovations. Although primarily known for its consumer electronics accessories, such as chargers, cables, and power banks, Anker has also made significant strides in the solar charger segment. The company's solar chargers combine high-efficiency solar panels with innovative design features, such as foldable panels and built-in battery packs, to provide users with convenient charging solutions for their smartphones, tablets, and other portable devices. Anker's products are widely available online and in retail stores nationwide, catering to a broad customer base.

Jackery is a relatively new entrant to the solar charger market but has quickly gained traction with its innovative and user-friendly products. The company specializes in portable power stations, solar panels, and solar generators for outdoor adventures, emergencies, and off-grid living. Jackery's solar chargers feature lightweight, foldable designs and integrated USB ports, making them ideal for powering smartphones, cameras, and other small electronics while on the go.

Furthermore, Goal Zero, Anker Innovations, Renogy, and Jackery are just a few examples of companies driving innovation and competition in the U.S. solar charger market. As consumer demand for renewable energy solutions continues to grow, fueled by concerns about climate change and the need for sustainable power sources, the solar charger market is expected to expand further, with new players entering the fray and existing companies continuing to push the boundaries of solar technology. With ongoing advancements in solar panel efficiency, energy storage capabilities, and product design, solar chargers are poised to become an increasingly integral part of everyday life for millions of Americans, providing clean, reliable power wherever and whenever needed.

List of Key Companies Profiled

  • RENOGY
  • Voltaic Systems
  • The NOCO Company
  • Shenzhen Letsolar Energy Limited
  • Nekteck Inc
  • NRG Energy, Inc.
  • Garmin Ltd.
  • Anker Innovations Co. Ltd.
  • PowerFilm Solar, Inc.

US Solar Charger Market Report Segmentation

By Solar Panel Type

  • Folding
  • Fixed
  • Flexible

By Type

  • Portable
  • Standalone

By Application

  • Consumer Electronics
  • Transportation
  • Others
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 US Solar Charger Market, by Solar Panel Type
1.4.2 US Solar Charger Market, by Type
1.4.3 US Solar Charger Market, by Application
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Market Opportunities
2.2.4 Market Challenges
2.2.5 Market Trends
2.3 Porter Five Forces Analysis

Chapter 3. US Solar Charger Market
3.1 US Solar Charger Market by Solar Panel Type
3.2 US Solar Charger Market by Type
3.3 US Solar Charger Market by Application

Chapter 4. Company Profiles – Global Leaders
4.1 RENOGY
4.1.1 Company Overview
4.1.2 Recent strategies and developments:
4.1.2.1 Product Launches and Product Expansions:
4.1.3 SWOT Analysis
4.2 Voltaic Systems
4.2.1 Company Overview
4.2.2 SWOT Analysis
4.3 The NOCO Company
4.3.1 Company Overview
4.4 Shenzhen Letsolar Energy Limited
4.4.1 Company Overview
4.5 Nekteck Inc
4.5.1 Company Overview
4.6 NRG Energy, Inc.
4.6.1 Company Overview
4.6.2 Financial Analysis
4.6.3 Segmental and Regional Analysis
4.6.4 Recent strategies and developments:
4.6.4.1 Product Launches and Product Expansions:
4.6.5 SWOT Analysis
4.7 Garmin Ltd.
4.7.1 Company Overview
4.7.2 Financial Analysis
4.7.3 Segmental and Regional Analysis
4.7.4 Research & Development Expenses
4.7.5 Recent strategies and developments:
4.7.5.1 Product Launches and Product Expansions:
4.7.6 SWOT Analysis
4.8 Anker Innovations Co. Ltd.
4.8.1 Company Overview
4.9 PowerFilm Solar, Inc.
4.9.1 Company Overview
TABLE 1 US Solar Charger Market, 2019 - 2022, USD Million
TABLE 2 US Solar Charger Market, 2023 - 2030, USD Million
TABLE 3 US Solar Charger Market by Solar Panel Type, 2019 - 2022, USD Million
TABLE 4 US Solar Charger Market by Solar Panel Type, 2023 - 2030, USD Million
TABLE 5 US Solar Charger Market by Type, 2019 - 2022, USD Million
TABLE 6 US Solar Charger Market by Type, 2023 - 2030, USD Million
TABLE 7 US Solar Charger Market by Application, 2019 - 2022, USD Million
TABLE 8 US Solar Charger Market by Application, 2023 - 2030, USD Million
TABLE 9 Key Information – RENOGY
TABLE 10 Key Information – Voltaic Systems
TABLE 11 Key Information – The NOCO Company
TABLE 12 Key Information – Shenzhen Letsolar Energy Limited
TABLE 13 Key Information – Nekteck Inc
TABLE 14 Key Information – nrg energy, inc.
TABLE 15 Key Information – Garmin Ltd.
TABLE 16 Key Information – Anker Innovations Co. Ltd.
TABLE 17 Key information – PowerFilm Solar, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 US Solar Charger Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Solar Charger Market
FIG 4 Porter’s Five Forces Analysis – Solar Charger Market
FIG 5 US Solar Charger Market share by Solar Panel Type, 2022
FIG 6 US Solar Charger Market share by Solar Panel Type, 2030
FIG 7 US Solar Charger Market by Solar Panel Type, 2019 - 2030, USD Million
FIG 8 US Solar Charger Market share by Type, 2022
FIG 9 US Solar Charger Market share by Type, 2030
FIG 10 US Solar Charger Market by Type, 2019 - 2030, USD Million
FIG 11 US Solar Charger Market share by Application, 2022
FIG 12 US Solar Charger Market share by Application, 2030
FIG 13 US Solar Charger Market by Application, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: RENOGY
FIG 15 SWOT Analysis: Voltaic Systems
FIG 16 SWOT Analysis: NRG Energy, Inc.
FIG 17 SWOT Analysis: Garmin Ltd.

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