The Latin America, Middle East and Africa Solar Charger Market would witness market growth of 13.8% CAGR during the forecast period (2023-2030).
The Brazil market dominated the LAMEA Solar Charger Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $30.6 Million by 2030. The Argentina market is showcasing a CAGR of 15.2% during (2023 - 2030). Additionally, The Egypt market would register a CAGR of 12.9% during (2023 - 2030).
Solar charging stations are increasingly being deployed in urban environments and public spaces to offer convenient charging for electronic devices. These stations, often equipped with multiple USB ports, provide a sustainable and accessible power source for the public. These chargers are integrated into the hospitality industry, allowing guests to charge their devices using renewable energy. Solar-powered charging stations are installed in hotels, resorts, and tourist destinations, creating a more sustainable and eco-friendly hospitality experience.
Businesses and event organizers incorporate these chargers into their sustainability initiatives. Solar-powered charging stations at corporate offices, events, and festivals contribute to reducing the carbon footprint associated with powering electronic devices. Individuals living in off-grid or remote areas use these chargers as a primary or supplementary power source. This is important for distant workers who require a consistent energy source for their electronic devices in locations without access to conventional power grids.
Saudi Arabia's Vision 2030 outlines ambitious goals for diversifying the country's energy mix and increasing the share of renewable energy. Saudi Arabia mirrors the increasing interest in electric vehicles globally. In Saudi Arabia, the solar energy industry, which includes these chargers contributes to job growth and economic diversification. A focus accompanies urbanization in Saudi Arabia on sustainable development. Saudi Arabia recognizes the importance of adopting clean energy solutions as part of the global commitment to combat climate change. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
Free Valuable Insights: The Worldwide Solar Charger Market is Projected to reach USD 1.3 Billion by 2030, at a CAGR of 12.1%
Based on Solar Panel Type, the market is segmented into Folding, Fixed, and Flexible. Based on Type, the market is segmented into Portable and Standalone. Based on Application, the market is segmented into Consumer Electronics, Transportation and Others. Based on countries, the market is segmented into Brazil, Argentina, Egypt, Morocco, South Africa, Chile, and Rest of LAMEA.
By Solar Panel Type
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