Solar Blanket Market Overview

The Solar Blanket is anticipated to grow significantly from 2025 to 2035, driven by increasing demand for sustainable energy solutions and heightened environmental awareness. By 2025, the solar blanket market value is projected to reach around USD 182.58 Million. Looking ahead to 2035, it is expected to expand further to about USD 317.74 Million. This represents an annual growth rate of 7.5% over the ten-year period.

Solar blankets, also known as solar covers, are primarily used to retain heat and reduce evaporation in swimming pools, thereby enhancing energy efficiency. The Global Solar Blanket Market analysis refers to the industry focused on the production, distribution, and sale of solar blankets, also known as solar pool covers. These are thermally insulated covers designed to retain heat, minimize evaporation, and improve energy efficiency in swimming pools by utilizing solar energy. Many governments have implemented policies such as tax incentives, subsidies, and feed-in tariffs to encourage investments in solar energy infrastructure. These measures aim to reduce dependency on fossil fuels and promote cleaner energy alternatives. Countries worldwide have set ambitious renewable energy targets. For example, during UN climate talks in Dubai, nations agreed to triple renewable energy capacity by 2030, underscoring a strong commitment to expanding solar energy infrastructure. The levelized cost of electricity (LCOE) for solar power has seen significant reductions. For instance, in key markets like the UAE, LCOE values declined by 63% year-over-year in 2022, enhancing the attractiveness of solar investments. The global solar energy market growth is supported by technological advancements, cost reductions, and proactive government policies aimed at fostering renewable energy adoption.

Solar Blanket Market Drivers and Opportunities

Increasing Demand for Portable and Renewable Energy Solutions is anticipated to lift the Solar Blanket market during the forecast period

​​The increasing global demand for portable and renewable energy solutions is significantly propelling the solar blanket market growth. Solar blankets, also known as folding solar panels, are portable devices that harness solar energy to power electronic gadgets, making them ideal for outdoor activities and remote applications. Solar blankets provide an off-grid energy solution, making them ideal for outdoor activities, emergency power backups, and remote areas where conventional power sources are unavailable. Growing consumer preference for sustainable energy alternatives over fossil fuel-based generators is boosting adoption. The proliferation of portable electronic devices, such as smartphones, tablets, and laptops, has heightened the need for reliable, on-the-go power sources. Solar blankets offer a sustainable solution by providing renewable energy in remote locations. Growing environmental consciousness has led consumers to seek eco-friendly energy alternatives. Solar blankets align with this trend by offering a clean energy option, reducing reliance on fossil fuels. The global renewable energy market is expected to reach over US$ 2.12 trillion by 2030, indicating a robust shift towards renewable energy solutions. This trend underscores the growing acceptance and integration of products like solar blankets into mainstream use. Companies like Adventure Ready Brands, Ascent Solar Technologies, Inc., and BioLite, Inc., are driving solar blanket market trends.

Growing Environmental Awareness and Sustainability Goals is a vital driver for influencing the growth of the global Solar Blanket market

​​ Solar blankets, portable devices that convert sunlight into electrical energy, align with eco-friendly initiatives by offering renewable energy solutions for various applications. Consumers are becoming increasingly conscious of their environmental footprint. This awareness is driving a shift towards sustainable products and practices, including the adoption of renewable energy sources. People are actively seeking alternatives to traditional energy sources that contribute to greenhouse gas emissions and environmental degradation. Solar blankets offer a clean and sustainable energy solution, aligning with these environmental concerns. Governments and organizations worldwide are setting ambitious sustainability goals to reduce carbon emissions and promote renewable energy adoption. Policies such as tax incentives, subsidies, and regulations are encouraging the use of solar energy technologies, including solar blankets. For example, Production Tax Credits (PTC): Provide per-kilowatt-hour tax credits for electricity generated from renewable sources. Investment Tax Credits (ITC): Offer tax credits based on the percentage of investment in renewable energy systems. Feed-in Tariffs (FiTs): Guarantee payments to renewable energy producers for the electricity they generate, ensuring stable returns on investment. International agreements like the Paris Agreement are driving global efforts to transition to clean energy sources. Many businesses are incorporating sustainability into their CSR initiatives. Companies are adopting solar energy solutions to reduce their environmental impact and enhance their brand image. This trend is driving demand for solar blankets in various applications, including outdoor events, remote operations, and emergency preparedness.

Expansion of Smart and IoT-Enabled Solar Solutions and Technological Advancements in Solar Blanket Efficiency are poised to create significant opportunities in the global Solar Blanket market

​​Recent innovations have led to the development of high-efficiency photovoltaic cells, enabling faster energy conversion and greater output, even in low-light conditions. This improvement enhances the practicality and appeal of solar blankets for various applications. Improved photovoltaic (PV) technology has enhanced the efficiency and durability of solar blankets. The integration of flexible solar panel technology has resulted in lightweight and thin solar blankets, increasing their portability and versatility. These advancements make solar blankets more attractive to consumers seeking efficient and convenient renewable energy solutions. Lightweight and foldable designs have made them more convenient for travel and emergency preparedness. The use of advanced materials, such as lightweight and flexible polymers, is improving the durability and portability of solar blankets. These materials also enhance the efficiency of solar energy conversion by reducing energy loss. Integration with advanced energy storage solutions, such as lithium-ion batteries, is enabling solar blankets to store excess energy for later use. This increases the reliability and versatility of solar blankets, making them suitable for a wider range of applications. Technological advances are creating more flexible solar cells, that can be woven into fabrics, or applied to more diverse surfaces. This creates many new opportunities for solar blanket market during the forecast period. Some modern solar blankets come equipped with smart features, such as the ability to monitor energy usage and optimize charging times. This integration enhances user experience and aligns with the growing consumer demand for connected devices. Some modern solar blankets come with USB ports and power banks for enhanced usability. The incorporation of Internet of Things (IoT) technology allows users to remotely monitor and control solar blankets, improving efficiency and user convenience. This trend is gaining popularity globally, with companies investing in IoT-enabled blankets to enhance the user experience through intuitive apps and energy-efficient features.

Integration of IoT and smart monitoring technologies allows users to track energy generation and optimize performance.

Solar Blanket Market Scope

Solar Blanket Market Report Segmentation Analysis

The Global Solar Blanket Market industry analysis is segmented into by Shape, by Type, by Material, by Distribution Channel, by Application and by Region.

Rectangular Solar Blankets segment is anticipated to hold the highest share of the global Solar Blanket market during the projected timeframe.

By Shape, the Solar Blanket market is segmented into Oval Solar Blankets, Rectangle Solar Blankets, Round Solar Blankets and Others. Rectangular Solar Blankets segment dominate the global Solar Blanket market share among others. This is primarily due to the prevalence of rectangular-shaped swimming pools in both residential and commercial settings. The design compatibility and ease of installation contribute to their dominance in the market. They are highly versatile, suitable for a wide range of applications, from camping and outdoor activities to emergency preparedness and remote power generation. Facilities like hotels, fitness institutions, and universities with swimming pools adopt solar blankets to enhance energy efficiency and reduce operational costs.

The Monocrystalline Solar Blankets segment is anticipated to hold the highest share of the market over the forecast period.

On the basis of Type, the market is bifurcated into Monocrystalline, Polycrystalline and Thin-film. Monocrystalline Solar Blankets known for their high efficiency and longevity, monocrystalline panels are made from single-crystal silicon, offering efficiency rates typically between 15% and 20%. They are more efficient than polycrystalline and thin-film counterparts, making them suitable for applications where space is limited and maximum efficiency is desired. However, they tend to be more expensive due to the complex manufacturing process. However, Polycrystalline Solar Blankets are made from multiple silicon crystals melted together, resulting in lower efficiency rates, generally between 13% and 16%. They are less costly to produce than monocrystalline panels, making them a cost-effective option for installations where space is not a constraint. Businesses and industrial facilities with larger available spaces may choose polycrystalline panels to balance efficiency and cost-effectiveness. Thin-film solar blankets are also gaining traction in commercial applications, especially where flexibility and lightweight characteristics are advantageous, such as on curved surfaces or structures unable to support heavier panels.

The industrial segment is expected to dominate the market during the forecast period.

Based on Application, the Solar Blanket market is segmented into Residential, Industrial, Agricultural, Recreational, Others. In 2025, the industrial segment accounted for the largest revenue share in the global solar blanket market. This growth is attributed to the increasing global population and improved living standards in developing countries, leading to higher energy demands. Industries are adopting solar blankets to power facilities and provide emergency power solutions, aiming to reduce operational costs and enhance sustainability. However, commercial sector is also a significant contributor to the solar blanket market, with applications in businesses, hotels, and recreational facilities.

The Direct sale segment dominated the market in 2024 over the forecast period.

In terms of Distribution Channel, the Solar Blanket market is segmented into Direct Sale, Offline and Online. Direct Sales channel involves manufacturers selling solar blankets directly to consumers or businesses without intermediaries. It allows for personalized solutions and direct customer engagement, often catering to large-scale industrial or commercial projects where customization and bulk orders are common. Direct sales are crucial for industrial, military, and aerospace applications, where customized solutions and bulk orders are common. Manufacturers can provide tailored products and support through direct sales channels. Also, large bulk orders for things like disaster relief are often done via direct sales.

The following segments are part of an in-depth analysis of the global Solar Blanket market:

Solar Blanket Market Share Analysis by Region

North America is projected to hold the largest share of the global Solar Blanket market over the forecast period.

North America region holds the largest market share, accounting for approximately 38% of the global Solar Blanket market. The U.S. has a high adoption rate of solar technologies, driven by federal tax incentives, state-level renewable energy mandates, and a strong emphasis on sustainability. For instance, Inflation Reduction Act (IRA), enacted in 2022 in U.S., the IRA provides substantial tax credits and rebates for renewable energy installations, including solar technologies. In 2023, approximately 3.4 million Americans received $8.4 billion in tax credits for home energy improvements under this act. Various states have implemented policies to promote solar energy adoption. For instance, in 2024, the U.S. installed a record-breaking 50 gigawatts (GW) of new solar capacity, the largest single-year addition by any energy technology in the past two decades. In the United States, residential solar power adoption has been on the rise. In 2021, solar energy accounted for 3% of all utility-scale electricity generation, a significant increase from previous years. However, Canada's commitment to reducing greenhouse gas emissions and investments in renewable energy projects bolster the solar blanket market. The Canadian government has outlined a strategy to build grids that support a low-carbon economy, emphasizing the development of clean electricity systems. However, Asia Pacific region is experiencing rapid growth in the solar blanket market, with China and India at the forefront. China massive investments in solar infrastructure and projects like the 'Solar Great Wall' in the Kubuqi Desert, aiming for a 100 gigawatt capacity by 2030, have significantly boosted the market.

Solar Blanket Market Competition Landscape Analysis

Competitive landscape of the global solar blanket market reveals a dynamic and evolving sector, characterized by a mix of established players, emerging startups, and diverse product offerings. The global solar blanket market forecast is poised for substantial growth, with competition intensifying as companies innovate and expand their offerings. Each striving to enhance their market position through innovation, strategic partnerships, and geographic expansion. Notable companies in the market include:

Global Solar Blanket Market Recent Developments News:

·         In November 2024, FIMER S.p.A., an Italian solar inverters and energy storage solutions providers, was acquired by MA Solar Italy Limited, affiliated with the McLaren Applied Group and Greybull Capital. This acquisition aimed to bolster FIMER's technological capabilities and solar power conversion technology.

·         In September 2023, Trina Solar's announcement to build a large solar photovoltaic (PV) manufacturing facility in Wilmer, Texas, signals a major expansion in U.S. solar production. This type of manufacturing growth helps drive down the cost of solar components.

·         In September 2022, ABB and Aeris has entered into a merger to enhance offerings in the smart solar market, aiming to create promising growth opportunities in the solar industry.

The Global Solar Blanket Market is dominated by a few large companies, such as

·         AmeriMerc

·         Blue Wave Products

·         Doheny

·         Flisom

·         Enecom

·         Solarcovers

·         Elite Pool Covers

·         Intheswim

·         Leslie's Pool Supplies

·         Intex

·         Harris Pool Products

·         Midwest Canvas

·         PowerPlastics Pool Covers

·         Others