Portable Solar Charger Market Size, Share & Trends Analysis Report By Product (Small Portable Solar Charger, Foldable Solar Charger, Backpack Solar Charger), By Application, By Region, And Segment Forecasts, 2024 - 2030

Portable Solar Charger Market Size & Trends

The global portable solar charger market size was valued at USD 515.8 million in 2023 and is projected to grow at a CAGR of 14.1% from 2024 to 2030. The rise of outdoor activities and adventure travel has bolstered the demand for portable solar chargers. As more people engage in camping, hiking, and other outdoor pursuits, reliable power sources in off-grid environments become essential. Portable solar chargers provide a convenient solution for keeping essential devices charged, ensuring safety and connectivity even in remote areas. This trend towards outdoor recreation has contributed significantly to the growing demand for these devices.

The increasing reliance on portable electronic devices, such as smartphones, tablets, and laptops, further fuels the market growth. As people become more dependent on these devices for communication, work, and entertainment, the need for reliable and convenient power sources grows. Portable solar chargers offer a sustainable solution, allowing users to charge their devices on the go, especially in remote locations with limited access to electricity. Furthermore, there is a growing awareness of environmental issues and a push toward sustainable living. As the effects of climate change become more apparent, individuals and organizations are seeking ways to reduce their carbon footprint and minimize their environmental impact. Portable solar chargers exemplify this shift towards greener technologies, offering an eco-friendly way to keep devices powered without contributing to pollution or depleting natural resources.

The advancements in solar technology have also played a crucial role in the increasing demand for portable solar chargers. Innovations in photovoltaic cells have made solar panels more efficient and affordable, enhancing their practicality for everyday use. Modern portable solar chargers are now more compact, lightweight, and efficient, making them an appealing option for many consumers, from outdoor enthusiasts to urban dwellers. The improved performance and accessibility of these devices have expanded their market reach, attracting a diverse user base.

Product Insights

The small portable solar charger segment held the largest market revenue share of 44.2% in 2023. The increasing adoption of small portable chargers by households, particularly in rural areas, is driving the market growth. It is widely used to charge rechargeable flashlights, lamps, smartphones, cameras, smart wearables, and other devices. Hikers and trekkers prefer small portable solar chargers due to their compact size and convenience in traveling and adventurous activities. They use these chargers to charge smartphones and cameras in isolated places without electricity. In addition, small portable solar chargers are cost-efficient alternatives that benefit customers looking for budget-friendly options.

The foldable solar charger segment is expected to grow at the fastest CAGR of 14.7% over the forecast period. The rise in outdoor activities and adventure tourism has created a need for portable, reliable power sources and foldable solar chargers. The growing dependency on electronic devices for communication, navigation, and entertainment while on the move has fueled the demand for foldable solar chargers. The increasing prevalence of emergency preparedness among consumers and the need for a reliable power source during natural disasters and power outages have contributed to the rising popularity of foldable solar chargers.

Application Insights

The individual segment dominated the market in 2023. Rising consciousness about renewable energy and the need to reduce dependency on fossil fuels is influencing more consumers to adopt eco-friendly and sustainable charging solutions. Developments in solar charging technologies, such as increased efficiency and compact designs, are driving the demand for portable solar chargers among individuals. The growing penetration of mobile phone usage in rural and remote areas lacking electricity services drives the need for reliable charging solutions, resulting in the increased demand for portable solar chargers.

The defense segment is projected to grow at the fastest CAGR over the forecast period. Modern military operations often take place in remote or hostile environments where access to conventional power sources is limited or non-existent. Portable solar chargers allow defense workforces to recharge necessary electronic gadgets, including radio communication devices, GPS units, and surveillance tools, assuring uninterrupted procedures throughout field operations. This enhances operational efficiency and ensures continuous connectivity and functionality in the field. Additionally, the growing emphasis on reducing logistical footprints and dependency on traditional fuel supplies aligns with the military's adoption of renewable energy technologies. The increased focus on sustainability and self-sufficiency in defense operations further drives the adoption of portable solar chargers.

Regional Insights

North America held a significant market revenue share in 2023. The rising adoption of outdoor recreational activities such as camping, hiking, and boating, where reliable access to power is limited, has significantly boosted the popularity of these devices. Additionally, consumers' growing awareness of sustainable and eco-friendly energy solutions is driving the shift towards solar-powered alternatives. The convenience of having a portable power source during emergencies, natural disasters, or remote work situations is also a significant contributor. Furthermore, advancements in solar technology have made these chargers more efficient, affordable, and user-friendly, further encouraging their adoption in the North American market.

U.S. Portable Solar Charger Market Trends

U.S. market is projected to grow significantly in the coming years. Growing awareness and concern about climate change drive consumers to seek eco-friendly alternatives to traditional power sources. The increasing use of mobile devices and the need for reliable power sources during outdoor activities such as hiking, camping, and traveling have amplified their demand. Additionally, advancements in solar technology have improved the efficiency and affordability of these devices, making them more accessible to a broader audience.

Europe Portable Solar Charger Market Trends

Europe portable solar chargers market is projected to grow at the fastest CAGR over the forecast period. The demand for portable solar chargers in Europe is rising due to increasing environmental awareness, the adoption of renewable energy, and the growing use of mobile devices. Europeans are increasingly conscious of their carbon footprint and seek sustainable alternatives to traditional energy sources. Portable solar chargers offer a green solution for charging mobile phones, tablets, and other electronic devices, aligning with the region's commitment to reducing greenhouse gas emissions. Additionally, the European Union's policies and incentives supporting renewable energy and the advancement of solar technology have made these chargers more accessible and affordable. The convenience of having a reliable power source during outdoor activities and travel also contributes to their growing demand, making portable solar chargers a practical and eco-friendly choice for European consumers.

The UK portable solar chargers market is projected to grow rapidly in the upcoming years. The growth of the portable solar chargers market in the UK is attributed to the consumer’s consciousness about the increased cost of traditional energy sources, making solar energy a more preferred and cost-effective alternative. The growing trend of outdoor activities such as camping and trekking among the youth has increased the demand for portable energy solutions, such as foldable and small solar chargers that provide convenience while traveling and camping. The rising awareness about energy conservation and the benefits of solar energy among consumers is also playing a crucial role in driving market growth.

Asia Pacific Portable Solar Charger Market Trends

Asia Pacific portable solar chargers market held the largest market revenue share of 35.03% in 2023. The region's increasing adoption of mobile devices, coupled with a growing awareness of renewable energy solutions, has driven interest in portable solar chargers. Many parts of Asia Pacific, mainly rural and remote areas, experience unreliable electricity supply, making solar chargers an attractive alternative for ensuring continuous power. Several Asian Pacific governments are also promoting green energy initiatives and offering incentives for solar products, further fueling demand.

China market is projected to grow significantly over the forecast period. The increasing demand for portable solar chargers in China is driven by the country's significant investment in renewable energy infrastructure and technology, which has led to enhanced efficiency and affordability of solar products. Additionally, the growing awareness and concern about environmental issues among Chinese consumers are pushing them towards sustainable energy solutions. 

Key Portable Solar Charger Company Insights

Some of the key companies in the portable solar chargers market include Voltaic Systems, Anker Innovation Limited, Powertraveller International Ltd., Voltaic Systems, and others.

• Voltaic Systems provide portable solar chargers for laptop and smartphones. They also develop custom solar panels and charging solutions for high volume customers. These panels find utilization in agriculture sector for reducing water consumptions.

• Anker Innovation Limited provides solar charging solutions for a wide range of appliance. Their portable solar panels come with 3-Mode Angle Adjustment technology. These panels provide energy in low sun light or even in a cloudy weather.

Portable Solar Charger Market Report Scope

Global Portable Solar Charger Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global portable solar charger market report based on product, application, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Small Portable Solar Charger

  • Foldable Solar Charger

  • Backpack Solar Charger

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Individual

  • Defene

• Regional Outlook (Revenue, USD Million, 2018 - 2030) 

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • Middle East and Africa (MEA)

    • UAE