Report ID: UCMIG25E2064
Report ID:
UCMIG25E2064 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Portable solar chargers were predicted to have a USD 433.8 million global market in 2018. The market for such items, including portable solar chargers, is expected to grow throughout the forecast period as awareness about the depletion of energy resources rises, especially in developed countries like the U.S. and Germany. During the forecast period, it is predicted that the growing use of smartphones, tablets, and other portable electronic devices as well as a shift in consumer preferences towards sustainable energy sources would create substantial opportunities for portable solar chargers.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Consumer Electronics by segment aggregation, the contribution of the Consumer Electronics in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25E2064