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Solar Power Banks Market: How leading companies can make this smart strategy work

12-09-2020 10:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: worldwidemarketreports

Overview-
Solar power banks are energy storage devices which can be utilized when required to charge USB-charged devices such as cameras, portable speakers, GoPros, MP3 players GPS systems. Solar power banks require sunlight to charge, making it reliable where electrical supply or charger is not available. Most of the solar power banks available today can be charged alternatively via computer using USB.

Drivers-
The growth of smartphones, laptops, and tablets market has generated the need for external energy storage devices for charging. Increased use of internet such 3G and 4G services on smartphones and tablets has increased the consumption of battery at a faster rate, driving the solar power bank market. Furthermore, tourists or trekkers preferring to travel at distant places can rely on the solar power banks over the conventional power banks, as at times of emergencies solar power banks can be charged via sunlight.

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Restraints-
Low efficiency at night or cloudy days make it difficult to charge solar power banks thus hindering the growth of the solar power banks market

Regional Insights-
Asia Pacific is expected to dominate the global Solar Power Banks market. This is due to slow development and limited electricity supply in these regions. Solar Power Banks are charged with the help of electricity. Another region that is expected to grow is North America. This is due to the presence of small and mid-level companies in the region that develop solar portable chargers.
Competitive Section-

The key companies operating in solar power bank market include Anker, UBON, Advantage Computers (I) Pvt. Ltd., LG Chem Ltd, China BAK Battery, Inc., Mophie Inc., Microsoft Corporation, Panasonic Corporation, OnePlus, Sony Corporation, Samsung SDI Co. Ltd., UNU ELECTRONICS INC., Xiaomi Technology Co., Ltd, and Shenzhen Topband Co. Ltd
In November 2018 UBON, a consumer electronics brand launched its first solar portable charger SL-6067 keeping hikers and campers in mind.

In November 2020, Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business.

If you have any questions on this report, please reach out to us @ https://www.worldwidemarketreports.com/quiry/220612

Contact Us:

Mr. Shah
Worldwide Market Reports
Seattle, WA 98154,
U.S.
Email: sales@worldwidemarketreports.com

Worldwide Market Reports provides customized upon request. This report can be personalized to suit your needs. Please contact the research team to ensure you receive the report that fits your needs.

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