The new report on the Portable Solar Chargers Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Portable Solar Chargers Market during the forecast period of 2019 – 2029. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Portable Solar Chargers Market.
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Monocrystalline Solar Panels Account for 70% Share in Portable Solar Chargers Market
Currently monocrystalline solar panels hold a majority share in portable solar chargers market, accounting for more than 70% in terms of value. Further, increase in monocrystalline panel adoption in portable solar chargers market can be expected during forecast period, owing to substantial research carried out in solar panels industry. Decrease in price of monocrystalline panels in comparison with output and efficiency has been observed in the recent past, and is expected to fuel adoption rate of portable solar chargers. The switch from polycrystalline panels to monocrystalline panels is expected to lower the share of polycrystalline solar cells in portable solar chargers market. However, the decline is expected to be gradual. Polycrystalline based portable solar chargers are expected to benefit short term investments in terms of quick returns.
Vertical Integration Remains a Prominent Strategy for Portable Solar Charger Manufacturers
Portable solar chargers market is highly fragmented, with top players accounting for 20% of the market share. Majority of key players in portable solar charger market like Suntactics, Goal Zero LLC, and Powertraveller International Ltd are working as subsidiaries of top organizations in energy sector. Other market leaders like Jackery Inc. and GigaWatt Inc. have concentrated on establishing partnerships with market leaders in battery and related technologies to integrate and optimize their existing portfolios. Movements of other players for similar partnerships are aimed at providing additional functionalities and revamping existing portfolio.
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The global Portable Solar Chargers Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Portable Solar Chargers Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Portable Solar Chargers Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Portable Solar Chargers Market?
- What are the strategies adopted by top players to retain their stronghold in the Portable Solar Chargers Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Portable Solar Chargers Market?
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