Portable Solar Charger Market Share

North American Market Forecast

The portable solar charger market in North America was valued at USD 1.04 Billion by 2023 and is predicted to account for the largest share of 32% during the forecasted period. Due to the rising awareness of the depletion of energy supplies, people are now switching more towards environmental resources such as solar energy. By June 2022, more than 50,000 off-site solar were installed in different facilities nationwide.  In Canada, hydropower accounts for 63% of electricity generation, and some dams are more than 100 years old. Solar chargers can be used to charge several devices like, GoPro cameras, tablets, and smartphones, due to which hikers, motorcyclists, and mountaineers are more gravitating towards such devices. The UK market was the fastest-growing market in 2022.

European Market Statistics

The Europe portable solar charger market is estimated to be the second largest, during the forecast timeframe, with a 28% share of market revenue in 2022. As more population is getting involved in outdoor activities due to the high surge in awareness regarding the importance of physical activities along with the adoption of a sedentary lifestyle, the demand for market is on the rise in the region. Staying connected to the world while being off-grid, even in the remotest of places is necessary and this acts as a growth driver of this industry in this region. The German portable solar charger market held the largest market share in 2022.