Solar Battery Generator Market Size, Industry Analysis Report By Type (Lithium-Ion, Lead Acid, Flow Battery), By End-User (Commercial, Industrial, and Residential) & Region – Forecast By 2030
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- CATEGORY
- Energy & Power
The global Solar Battery market size is expected to grow from USD 4.5 billion in 2022, growing at a CAGR of 27.5%. Solar chargers are commonly accessible to e-commerce businesses, and the latter's consumer appeal has fueled the market's expansion. It is reasonable to anticipate that e-commerce companies and internet platforms would use digital marketing strategies to spread the word about solar chargers. Advancements in the field of green energy are anticipated to occur over the coming ten years. Sales of solar battery chargers, as well as similar gadgets, is likely to be driven by this trend.
The Solar Battery Market - Growth Factors
The growth of renewable energy production is driving up demand for solar battery chargers on the international market. The use of a solar battery charger has evolved into a fundamental aspect of maintaining individual environmental duties. Green energy sources are picking the interest of academics and global thinkers. This pattern has increased consumer acceptance of solar technology, which has boosted market demand. As a result, it is projected that in the years to come, a sizable amount of investment will be attracted to the global market for solar battery chargers.
The Solar Battery Market – Segmentation
The global Solar Battery Market is fragmented on the basis of Type, which is further divided into Lithium-Ion, Lead Acid, Flow Battery, and Others. On the basis of End-User, The Solar Battery Market is segregated into Commercial, Industrial, and Residential.
Market trends for Solar Battery Market:
• Due to the promotion of sustainable energy sources by governments around the world, the market for solar batteries is anticipated to grow over the forecast period. In the upcoming years, competitors' attention will be on increasing production.
• The presence of major players, growing public awareness of renewable energy sources, trying to attract government incentives and grants, the regular introduction of new products by market leaders, as well as the region's extensive R&D efforts, are all factors that contribute to the growth of the North American region.
The Solar Battery Market –Regional Analysis
The market for solar battery chargers is growing as a result of the great potential for solar energy management in the Asia Pacific area. Due to significant foreign investment in the advancement of renewable energy, China currently holds a dominant position in the Asia-Pacific solar battery industry. The industrial power sectors have a very strong demand for the product as well. The region's market expansion will be impacted by the expansion of investment opportunities in brand-new solar power projects. Additionally, a significant contributor to the market growth during the anticipated timeframe is the increase in the supply of sustainable energy sources across a variety of end-user sectors.
Report scope
Global Solar Battery Market: Historical Years- 2018-2021
Global Solar Battery Market: Forecast Years- 2022-2030
Global Solar Battery Market 2022- USD USD 4.5 billion
Global Solar Battery Market CAGR- 27.5 %
"
1. Global Solar Battery Generator Market Introduction and Market
Overview
1.1.
Objectives of the Study
1.2.
Global Solar Battery Generator
Market Scope and Market Estimation
1.2.1.Global Solar
Battery Generator Overall Market Size, Revenue (US$ Mn) and Volume (Units),
Market CAGR (%), Market forecast (2023 - 2030)
1.2.2.Global Solar
Battery Generator Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2030
1.3.
Market Segmentation
1.3.1.Type of
Global Solar Battery Generator Market
1.3.2.Power of
Global Solar Battery Generator Market
1.3.3.Application
of Global Solar Battery Generator Market
1.3.4.Region
of Global Solar Battery Generator Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Solar Battery
Generator Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Solar Battery Generator Market Application
Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward
Integration & Backward Integration of Key Stakeholders
3.4. Global Solar Battery
Generator Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat
of Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Solar Battery Generator Market
3.8. Impact of Economic
Downturn on Solar Battery Generator Market
3.9. Solar Battery Generator Production
Capacity, by Major Countries
3.10. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Solar Battery
Generator Market Estimates & Forecast Trend Analysis, by Type
4.1.
Global Solar Battery Generator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Type, 2019 to 2030
4.1.1.Below
40KWH
4.1.2.40-80
KWH
4.1.3.80-150
KWH
4.1.4.Over 150
KWH
5. Global Solar Battery
Generator Market Estimates & Forecast Trend Analysis, by Application
5.1.
Global Solar Battery Generator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Application, 2019 to 2030
5.1.1.Oil and
Gas Industry
5.1.2.Electrical
Industry
5.1.3.Residential
5.1.4.Commercial
5.1.5.Government
5.1.6.Academics
5.1.7.Others
6. Global Solar Battery
Generator Market Estimates & Forecast Trend Analysis, by Battery Type
6.1.
Global Solar Battery Generator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Battery
Type, 2019 to 2030
6.1.1.Up to
500 W
6.1.2.More than
500 W
7. Global Solar Battery
Generator Market Estimates & Forecast Trend Analysis, by Region
7.1.
Global Solar Battery Generator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Region,
2019 to 2030
7.1.1.North
America
7.1.2.Europe
7.1.3.Asia
Pacific
7.1.4.Middle East & Africa
7.1.5.South
America
8. North America Solar Battery Generator Market: Estimates & Forecast Trend Analysis
8.1. North America Solar Battery Generator Market Assessments & Key
Findings
8.1.1.Solar
Battery Generator Market Introduction
8.1.2.Solar
Battery Generator Market Size Estimates and Forecast (US$ Million & Units)
(2019 – 2030)
8.1.2.1.
By Type
8.1.2.2.
By Battery Type
8.1.2.3.
By Application
8.1.2.4.
By Country
8.1.2.4.1.
The U.S.
8.1.2.4.2.
Canada
8.1.2.4.3.
Mexico
9. Europe Solar Battery Generator Market: Estimates & Forecast Trend Analysis
9.1.
Europe Solar Battery Generator
Market Assessments & Key Findings
9.1.1.Solar
Battery Generator Market Introduction
9.1.2.Solar
Battery Generator Market Size Estimates and Forecast (US$ Million & Units)
(2019 – 2030)
9.1.2.1.
By Type
9.1.2.2.
By Battery Type
9.1.2.3.
By Country
9.1.2.3.1.
Italy
9.1.2.3.2.
Germany
9.1.2.3.3.
U.K.
9.1.2.3.4.
France
9.1.2.3.5.
Spain
9.1.2.3.6.
Rest of Europe
10. Asia Pacific Solar Battery Generator Market: Estimates & Forecast Trend Analysis
10.1. Asia Pacific Market Assessments & Key Findings
10.1.1.
Solar Battery Generator Market
Introduction
10.1.2.
Solar Battery Generator Market
Size and Volume Estimates and Forecast (US$ Million & Units) (2019 – 2030)
10.1.2.1.
By Type
10.1.2.2.
By Battery Type
10.1.2.3.
By Country
10.1.2.3.1. China
10.1.2.3.2. Japan
10.1.2.3.3. India
10.1.2.3.4. Australia
10.1.2.3.5. South Korea
10.1.2.3.6. ASEAN
10.1.2.3.7. Rest of Asia Pacific
11. Middle East & Africa Solar Battery Generator Market: Estimates & Forecast Trend Analysis
11.1. Middle East & Africa Market Assessments & Key Findings
11.1.1.
Solar Battery Generator Market
Introduction
11.1.2.
Solar Battery Generator Market
Size and Volume Estimates and Forecast (US$ Million & Units) (2019 – 2030)
11.1.2.1.
By Type
11.1.2.2.
By Battery Type
11.1.2.3.
By Country
11.1.2.3.1. U.A.E.
11.1.2.3.2. Saudi Arabia
11.1.2.3.3. Egypt
11.1.2.3.4. South Africa
11.1.2.3.5. Rest of Middle East & Africa
12. South America Solar Battery Generator Market: Estimates & Forecast Trend Analysis
12.1. South America Market Assessments & Key Findings
12.1.1.
Solar Battery Generator Market
Introduction
12.1.2.
Solar Battery Generator Market
Size and Volume Estimates and Forecast (US$ Million & Units) (2019 – 2030)
12.1.2.1.
By Type
12.1.2.2.
By Battery Type
12.1.2.3.
By Country
12.1.2.3.1. Brazil
12.1.2.3.2. Argentina
12.1.2.3.3. Colombia
12.1.2.3.4. Rest of South America
13.
Competition Landscape
13.1. Solar Battery Generator Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
13.2. Solar Battery Generator Market Competition White Space Analysis, By End-user
13.3. Solar Battery Generator Market Competition Regional Intensity Map
Analysis, By Geographies Served
13.4. Solar Battery Generator Market Concentration & Company Market Shares
(%) Analysis, 2022
14.
Company Profiles
14.1.Duracell
14.1.1.
Company Overview & Key
Stats
14.1.2.
Financial Performance &
KPIs
14.1.3.
Product Portfolio
14.1.4.
Business Strategy & Recent
Developments
* Similar details would be provided for all the players
mentioned below
14.2.JackeryInc.
14.3.Voltaic
14.4.Solar line
14.5.SolarRover
14.6.Powerenz
14.7.Sunvis Solar
14.8.Jaspak
14.9.Hollandia
14.10.
Goal Zero
14.11.
Sunvis
Solar
14.12.
Altern
Limited
14.13.
Biolite
Powerenz
14.14.
SolSolutions
LLC (DolMan)
14.15.
Others**
15.
Research Methodology
15.1.
External Power
Outputs / Databases
15.2.
Internal
Proprietary Database
15.3.
Primary Research
15.4.
Secondary
Research
15.5.
Assumptions
15.6.
Limitations
15.7.
Report
FAQs
16.
Research Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The solar battery generator market size was worth USD 4.5 billion in 2022 and is estimated to register over 27.5% CAGR between 2023 and 2030
What are the drivers shaping various markets?
The growth of renewable energy production is driving up demand for solar battery chargers on the international market.
What are the top performing segments, and countries / regions of each of the markets?
The market for solar battery chargers is growing as a result of the great potential for solar energy management in the Asia Pacific area. Due to significant foreign investment in the advancement of renewable energy, China currently holds a dominant position in the Asia-Pacific solar battery industry.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI