Solar Cookers : Attractive Prices and Investments ; Extremely Low Maintenance : Global Industry Forecast 2017

Albany, NY, 20 JAN : Costs are a major impeding factor in any renewable form of energy. However since solar cookers are available at attractive prices, the market growth is not hampered owing to higher costs. Solar cookers also have extremely low maintenance expenditure making them attractive investments for households.

Growing awareness towards the use of renewable energy and emerging applications of such energy for day to day applications is bolstering the growth of the solar cooker market. Solar energy not only has been proven as a viable form of energy generation, but high levels of development in the solar PV market have increased the overall application segments of solar energy. There are several advantages of using these solar cookers. Solar cookers are capable of carrying out pasteurization processes and are extremely effective in retaining the nutrient content of food. High levels of portability are another major advantage of such solar cookers. The compact size of these cookers makes them capable of being sold in the retail market without giving rise to logistical bottlenecks.

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These solar cookers provide very short and attractive pay back periods generated mainly from the savings in purchasing cooking fuel. Countries in the Asia-Pacific and Latin America which have large rural populations are also prospective markets for these cookers. Rural populations are also heavily reliant on LPG, firewood and dung cakes for cooking. Solar cookers will form an attractive value proposition to such markets in the future.

The solar cooker market can be segmented on the basis of the construction techniques utilized for manufacturing. The broad segmentations on the basis of construction can be done as solar box cooker, solar panel cooker and solar parabolic cooker. The solar box cookers are the most commonly available form of solar cookers in the market currently. These cookers are extremely robust in nature and operate very safely with little or no supervision required for operating. A solar panel cooker on the other hand consists of a pot or pan with a plastic/glass enclosure which is nestled into a reflective panel. This is done for better concentration of the sun’s rays leading to higher efficiency factors of such cookers. The parabolic solar cookers are capable of generating and sustaining much higher cooking temperatures than either a box or panel type cooker. These cookers are best suited for varying cooking purposes such as grilling and frying. One of the major drawbacks of such parabolic cookers is that the angle and direction of the cooker needs to be adjusted frequently for maximizing efficiency.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

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