DUBLIN, September 10, 2020 / PRNewswire / – Solar Battery Charger – Global Market Trajectory & Analytics report has been added to ResearchAndMarkets.com's offering.
The 138-page report provides brief insights into the production and buy-side effects of the pandemic for 2020 and 2021. A short-term gradual recovery across key areas is also addressed.
The global analysis and forecast periods covered in the report are 2020-2027 (current and future analysis) and 2012-2019 (historical review). Research estimates are presented for 2020, while research projections cover the period 2021-2027.
Reaching Global Solar Battery Charger Market $ 40.2 billion by 2027
Amid the COVID-19 crisis, the global market for solar battery chargers is valued at $ 19.2 billion a revised size of is to be achieved in 2020 $ 40.2 billion by 2027 with a CAGR of 11.2% in the analysis period 2020-2027.
For individual consumers, one of the segments analyzed in the report, a growth of 9.7% CAGR is forecast $ 10 billion until the end of the analysis period. After an early analysis of the business impact of the pandemic and its triggered economic crisis, growth in the Transportation segment will be adjusted to a revised CAGR of 13.6% for the next seven year period. This segment currently has a 29.3% share of the global solar battery charger market.
The US accounts for over 29.5% of the global market size in 2020, while China is forecasting growth of 10.8% CAGR for the period 2020-2027
The US solar battery charger market is estimated at $ 5.7 billion in 2020. The country currently has a 29.47% share of the world market. ChinaThe world's second largest economy is expected to reach an estimated market size of $ 7.1 billion in 2027 a CAGR of 10.8% followed until 2027.
Among the other notable geographic markets are Japan and CanadaA growth of 9.5% and 9.6% is forecast for the period 2020-2027. Within Europe, Germany is expected to grow by approximately 8.3% CAGR while reaching the rest of the European market (as defined in the study) $ 7.1 billion by 2027.
The military segment has a share of 43.5% in 2020
In the global military segment United States, Canada, Japan, China and Europe will increase the estimated CAGR for this segment of 10.1%. These regional markets have a combined market size of $ 6.7 billion in 2020 will reach a projected size of $ 13.1 billion until the end of the analysis period.
China will be among the fastest growing in this cluster of regional markets. Led by countries like Australia, India, and South Korea, the market in Asia Pacific is expected to achieve $ 4.8 billion by 2027.
The competitors identified in this market include:
- Anker Innovations Limited
- Goal Zero LLC
- Powertraveller International Ltd.
- Shenzhen Wearable Electronic Technology Co. Ltd.
- SunTactics
- Suntrica
Profiled companies in total: 56
Important topics
I. INTRODUCTION, METHODOLOGY AND REPORTING AREA
II. SUMMARY
1. MARKET OVERVIEW
- Effects of COVID-19 and an impending global recession
- Market shares of global competitors
- Market share scenario for solar battery chargers worldwide (in%): 2018E
2. FOCUS ON SELECTED PLAYERS
3. MARKET TRENDS & DRIVERS
4. PERSPECTIVE OF THE GLOBAL MARKET
III. MARKET ANALYSIS
IV. COMPETITION
Please visit https://www.researchandmarkets.com/r/3k53o for more information on this report
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