Emerging Nations in Asia, Africa, and Latin America to Develop into Lucrative Markets for Solar Power Banks, says TMR
A new study by Transparency Market Research (TMR) presents a comprehensive analysis of the global solar power bank market, taking its historical and current performance into consideration. The research report is titled, “Solar Power Bank Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023.” It states that the extensive use of internet on account of the availability of 3G and 4G services on smartphones and tablets has fueled the consumption rate of batteries at a faster rate thus, driving the solar power bank market.
Solar power banks are reliable in situations where a power source is not available. Solar banks are an environmental friendly technology, which is encouraging their use. Moreover, it is a cheap alternative as compared to electric charging. Solar power banks prove to be of much use when tourists or trekkers travel at distant places and cannot rely on conventional power banks owing to no electric supply or means to charge, boosting their demand. At times of emergencies solar power banks can be charged via sunlight, however most of them also have an option of charging alternatively via computer using a USB cable. As such, their flexibility is making them an attractive alternative to conventional power banks.
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The challenge in using solar power banks is the compatibility with all device brands. Additionally, they face intense competition from electric power banks. Low efficiency at night or in cloudy days are expected to affect the mindset of consumers regarding the reliability of these devices. However, rural areas in emerging countries of Asia, Africa, and Latin America are expected to pose as opportunities for growth in the market in the coming years. The penetration of smartphones and tablets across the globe, including among the people living in rural areas in the coming future will act as opportunity for the global solar power bank market.
The solar power bank market is segmented on the basis of capacity of battery into 3500 mAh to 6499 mAh, 500 mAh to 3499 mAh, 9500 mAh to 12499 mAh, 6500 mAh to 9499 mAh, 12500 mAh to 15499 mAh, and above 15500 mAh.
Key vendors operating in the solar power bank market have been profiled in the report. They are LG Chem Ltd, Xiaomi Technology Co., Ltd, China BAK Battery, Inc., Microsoft Corporation, OnePlus, Panasonic Corporation, and Mophie Inc. The business and financial overview of each of these companies has been given. The recent developments by companies along with their product picture and specification are discussed in the report. The information regarding key vendors enables new players and those established to invest smartly and correctly in the solar power bank market.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Solar power banks are reliable in situations where a power source is not available. Solar banks are an environmental friendly technology, which is encouraging their use. Moreover, it is a cheap alternative as compared to electric charging. Solar power banks prove to be of much use when tourists or trekkers travel at distant places and cannot rely on conventional power banks owing to no electric supply or means to charge, boosting their demand. At times of emergencies solar power banks can be charged via sunlight, however most of them also have an option of charging alternatively via computer using a USB cable. As such, their flexibility is making them an attractive alternative to conventional power banks.
Download Free Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11846
The challenge in using solar power banks is the compatibility with all device brands. Additionally, they face intense competition from electric power banks. Low efficiency at night or in cloudy days are expected to affect the mindset of consumers regarding the reliability of these devices. However, rural areas in emerging countries of Asia, Africa, and Latin America are expected to pose as opportunities for growth in the market in the coming years. The penetration of smartphones and tablets across the globe, including among the people living in rural areas in the coming future will act as opportunity for the global solar power bank market.
The solar power bank market is segmented on the basis of capacity of battery into 3500 mAh to 6499 mAh, 500 mAh to 3499 mAh, 9500 mAh to 12499 mAh, 6500 mAh to 9499 mAh, 12500 mAh to 15499 mAh, and above 15500 mAh.
Key vendors operating in the solar power bank market have been profiled in the report. They are LG Chem Ltd, Xiaomi Technology Co., Ltd, China BAK Battery, Inc., Microsoft Corporation, OnePlus, Panasonic Corporation, and Mophie Inc. The business and financial overview of each of these companies has been given. The recent developments by companies along with their product picture and specification are discussed in the report. The information regarding key vendors enables new players and those established to invest smartly and correctly in the solar power bank market.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/