Global Portable Solar Charger Market to Witness 13.2% CAGR to 2023, Informs Research Nester in Its Topical Report Published at MarketPublishers.com
07 Aug 2017 • by Natalie Aster
LONDON – From 2017 till 2023, the world market for portable solar chargers is expected to follow an upward trend at an immense CAGR of 13.2%, driven mainly by surging environmental and energy saving awareness and concerns. Environmental friendliness of portable solar chargers, mushrooming demand for renewable energy products, rising adoption of new technologies in developing regions, favorable government guidelines and policies are amid the most vital drivers of the portable solar charger market growth.
However, the world’s portable solar charger market also faces a slew of restraints such as high prices for portable solar chargers, wide availability of poor-quality products produced by local companies, low awareness about the benefits and energy saving ability of portable solar chargers, amid others.
Region-wise, North America, closely followed by Europe and APAC, is predicted to lead the global portable solar charger market in the short run. The North American portable solar charger market is likely to touch USD 15.9 billion in value by late 2023. Robust growth in the North American market is attributed to the rising adoption of electronic gadgets in the region and to the introduction of favourable governmental norms.
The new topical research report “Global Portable Solar Charger Market Size, Demand, Opportunity & Growth Outlook 2023” worked out by Research Nester draws a whole picture of the current scenario in the world’s market for portable solar chargers and describes the present situation in the main regions and countries. Moreover, it provides access to an in-depth analysis of the top country markets with the highest demand for portable solar chargers. Profound insights into the market segmentation, size and shares are offered in the report along with market data for 2016-2023. This comprehensive research report also examines the competitive landscape in the market, highlights the market future opportunities, explores the market dynamics focusing on the major drivers and restraints, profiles the dominant companies active in the market and offers a granular future outlook for the market development through to 2023.
Many other research reports developed by Research Nester are available at the publisher’s page at MarketPublishers.com.