Everything About NVIDIA’s GPU Naming Scheme: RTX, GTX, GT

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NVIDIA GPU Buying Guide 2024: How To Buy The Right One?

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By Hisan Kidwai

NVIDIA RTX 4070 Ti vs RX 7900 XT vs RX 7900 XTX vs RTX 3080

Nvidia GPUs have long been the preferred choice for consumers, thanks in part to their performance and integration with various workflows. However, the recent silicon shortage has led to skyrocketing GPU prices, reaching upwards of $2,000. This surge has not only made high-end GPUs unaffordable for everyday users but has also driven many towards considering…

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Startup behind world’s first hydrogen eVTOL eyes 2025 takeoff

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By Siôn Geschwindt

Swiss startup Sirius Aviation has unveiled designs for the world’s first hydrogen-electric vertical takeoff and landing (eVTOL) aircraft.  The jet, which kind of looks like Night Fury from How to Train Your Dragon, is billed to travel 1,851 km at speeds up to 520 km/h. That is four times as far as competitors like  German eVTOL startup Lilium are targeting using batteries. It will achieve these feats thanks to liquid hydrogen propulsion, which some consider the holy grail of fuels. The energy density of liquid hydrogen means vehicles can travel much further than when powered by gaseous hydrogen or batteries…

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Source:: The Next Web

These AI binoculars just made birdwatching a whole lot easier — and more expensive

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By Siôn Geschwindt

As a kid, perhaps unsurprisingly, I was the only person I knew interested in birdwatching. Nevertheless, I regularly went out in nature armed with my binoculars, bird book, and camera, ready to document as many species as I could.  The process was largely manual — spot a bird through the binoculars, snap a pic (if it stood still for long enough), and then try to figure out what species it was, if I didn’t already know. But the times they are a changin’.  Austrian optical specialist Swarovski Optik has just unveiled the world’s first pair of smart binoculars. Powered by…

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ARM Blackhawk CPU: Can Cortex-X5 Help Android Beat Apple Chipset Performance?

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By Hisan Kidwai

Image of ARM processor

It’s no secret that Android processors, whether Qualcomm or MediaTek, have consistently lagged behind Apple in terms of raw performance. However, a recent report from Moor Insights and Strategy suggests that after decades of trailing, ARM could narrow the gap and potentially surpass Apple’s offerings with the upcoming Cortex X5 CPU core. What type of…

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Apple M Series Processors Explained: Which Chip To Choose?

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By Hisan Kidwai

Apple M1 first malware

Although Apple has always designed and manufactured processors for the iPhone, the same wasn’t true for Macs, which continued to rely on inefficient Intel chips. However, in 2020, Apple announced a solution to this issue by shifting towards designing its own laptop processors, i.e., the M-series, marking the first major transition to ARM designs. Here’s…

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Why Apple must support MDM with Vision Pro

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This really shouldn’t be controversial. Apple seriously needs to introduce a mobile device management (MDM) system for its Vision Pro headsets, because enterprise deployments will demand that it do so.

Apple will soon begin selling Vision Pro, the first product in its eventual spatial computing range. Announced in June 2023 and set to ship next month, the device will cost $3,500 per unit and is expected to be sold to relatively affluent early adopters and consumers. It will also likely be picked up by developer and enterprise customers eager to understand what benefit, if any, it offers.

To read this article in full, please click here

Source:: Computer World

Domestic humanoid backed by OpenAI closer to market after $100M raise

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By Thomas Macaulay

A humanoid just has taken a step towards consumer households after robot maker 1x raised a cool $100mn. The Norwegian startup will spend the funds on bringing an android named Neo to the market. The bipedal is designed for everyday domestic tasks, from laundry to tidying. “The once-distant dream of having a versatile, intelligent home assistant is now becoming a reality,” Bernt Øivind Børnich, CEO of 1X, told TNW. Børnich co-founded 1X in 2014. He envisions the company producing commercial androids that benefit society and meet labour demand. To reach those combined goals, the robots are designed to work alongside…

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ESA’s annual budget hits record €7.8B, with biggest chunk for Earth observation

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By Thomas Macaulay

The European Space Agency’s budget for 2024 has hit a record €7.79bn — 10% more than last year. The largest portion of the funds will go to Earth observation (EO), which is allocated almost €2.4bn — around 30.5% of the total. It’s a share that reflects growing demands for satellite-based monitoring of our planet. The data can play a powerful role in managing pressing global challenges, such as climate change and natural disasters. After EO, the biggest chunks of ESA’s budget go to navigation and space transportation, which bag around €1bn each. A further €874mn is reserved for human and…

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Everything About The New Asus Zenbook Duo

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By Hisan Kidwai

Foldable laptops for the everyday consumer are still a few years away, owing in part to the price and durability of such displays. However, until the foldable dream becomes a reality, Asus has announced a new dual-screen laptop called the Asus Zenbook Duo, combining the best of both worlds. Here’s everything you need to know…

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Hey Gen. Z, you’re looking for tech jobs in all the wrong places

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For generation Z, finding a job seems to be more difficult than it’s been in recent years, and part of the problem is a lack of experience or skills companies want at a time when technology is changing at breakneck speed.

More than half of 1,000 workers ages 21 to 25 in the UK polled recently by Wiley Edge, a reskilling training provider, said they needed as much as nine months to find their first entry-level role, with 37% of Gen. Z tech workers needing more than six months to do so. (Half the respondents were in a tech or IT-based job; the other half were in other types of jobs.)

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Source:: Computer World

Everything About The HP Omen Transcend 14

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By Hisan Kidwai

Photo of the HP Omen Transcend 14

It’s no secret that gaming laptops have always been a bit bulky, a consequence of the specifications and performance they offer. However, in recent years, companies have started to make laptops that combine top-tier performance with ergonomic design and lightweight builds, for example, the Asus ROG G14 lineup. Now, HP has also dipped its toes…

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Everything About Asus ROG Zephyrus G14 And G16

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By Hisan Kidwai

Image of both colors of the Asus ROG Zephyrus G14

Asus’s ROG Zephyrus G14 and G16 lineup have built a reputation for being top-tier portable gaming laptops that do not compromise in any aspect. As a result, expectations were running high for the 2024 release, which promised some significant upgrades. However, while the company’s decision to remove the RTX 4090 option from the G14 might…

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EU joins UK in scrutinising OpenAI’s relationship with Microsoft

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By Thomas Macaulay

Antitrust regulators in the EU have joined their British counterparts in scrutinising Microsoft’s alliance with OpenAI. The European Commission, the bloc’s executive arm, said on Tuesday that it’s “checking whether the partnership should be reviewed under the EU Merger Regulation.” If such a review is required, it could put the multibillion-dollar deal in danger. The EU’s announcement comes just weeks after British regulators made a similar move. In December, the UK’s Competition and Markets Authority (CMA) revealed that it was considering a probe of Microsoft’s $13bn (€11.9bn) investment into the ChatGPT maker. The watchdog cited concerns that the partnership could hurt…

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Or just read more coverage about: Microsoft

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These are the most stable tech sectors for job seekers in 2024

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By Amanda Kavanagh

Instability is at the heart of technology, as new innovations constantly change the game. However, the last couple of years have been especially volatile as interest rates rose, VC funding free-for-alls dried up, and mass layoffs began.  Now things are beginning to stabilise, and organisations are hiring more strategically, jobs across tech sectors are a safer bet. Here’s where savvy job seekers are looking in 2024. AI The chaotic CEO changes at ChatGPT creator Open AI late last year don’t exactly scream stability, but there is no denying that AI and Generative AI remain the hottest topics in town. While…

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How to think about Apple and spatial computing

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It might not yet be clear where Apple’s visionOS (and Vision Pro headset) aims to go. But for enterprise technology decision makers, one way to understand it all is to study what the company itself says. First, where isn’t it going?

According to Apple, it isn’t trying to invent products for use in virtual, augmented, mixed, or even extended reality (VR, AR, XR, or MR). Sure, Vision Pro could support such experiences, but those need to be seen as adjunctive to a bigger ambition.

To read this article in full, please click here

Source:: Computer World

Laptop Statistics 2024 – By Segmentation, Companies, Shipments, Operating System, Market Size and Website Traffic

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By Barry Elad

The Growth of the Global Market of Laptops

Introduction

Laptop Market Overview: The global laptop market is projected to generate $257.4 billion by the end of 2031, growing at a rate of 4.4% annually from 2022. This growth is driven by increasing demand in educational and corporate settings. Factors influencing this growth include technological progress, economic factors, consumer preferences, and business requirements. These statistics highlight the growing importance of laptops in various sectors.

Editor’s Choice

  • Statista reports that in 2023, the global laptop market’s revenue is expected to be around USD 127.6 billion, a 1.4% increase from 2022.
  • Revenue per person in the laptop market is estimated to be USD 16.61 in 2023.
  • In 2023, the total number of laptops sold worldwide is expected to reach 188.1 million, a 3% increase from the previous year.
  • China leads in laptop market revenue with USD 23.2 billion, anticipating a 3.28% growth annually from 2023 to 2028.
  • By the end of 2024, the laptop market is expected to see a 1.0% increase in the number of units sold.
  • In 2023, 23.7% of consumers are expected to own gaming hardware.
  • As of June 2023, Apple, Lenovo, and HP are the top laptop manufacturers, with market shares of 17%, 15%, and 12%, respectively.
  • Post-pandemic, the global laptop market has seen a 10% increase in revenue over two years.
  • Earthweb reports that 67% of the global population, approximately 5 billion people, used laptops in the first quarter of 2022.

(Source: technavio.com)

  • As of reports, the North American region is dominating the global market of laptops with 42% CAGR from 2023 to 2028 which is followed by the European region.

Facts of Laptops

  • The global gaming laptop market is expected to produce about 26.93 million units and gain USD 26.85 billion in revenue in 2023.
  • In 2023, Lenovo, Dell, and HP, the most popular laptop brands, are dominating the market with a combined share of 60%.
  • The laptop industry is forecasted to grow at an CAGR of 4% until 2027.
  • By 2025, the demand for laptops is projected to surge, accounting for a 56.3% market share, which will help stabilize the industry.
  • In 2023, it’s estimated that there will be 272.4 million laptops in circulation.
  • As of 2023, around 80% of laptop users have installed antivirus software on their devices.
  • The United States is currently the largest exporter of laptops globally.
  • In 2023, according to an analysis by Fortunly, Lenovo, HP Inc., and Dell lead in laptop shipments, with a combined market share of 6.95%.
  • Additionally, in the first half of 2023, global laptop sales reached USD 127.6 billion, with 114.8 million units shipped.

Global Statistics of Laptops

By Revenue

laptops-worldwide-revenue

(Reference: statista.com)

  • In 2023, the global laptop market is projected to earn $127.6 billion, marking a 1.4% increase from the previous year.
  • Looking ahead, the revenue trends for the laptop market are as follows:
    • 2024: Expected revenue is $127.5 billion, a slight decrease of 0.1%.
    • 2025: Anticipated revenue is $132.1 billion, showing a 3.6% increase.
    • 2026: Forecasted revenue is $136.7 billion, with a growth of 3.5%.
    • 2027: Projected revenue is $142 billion, increasing by 3.9%.
    • 2028: Expected revenue is $147.4 billion, a 3.8% rise.

By Average Revenue Per Capita

laptops-worldwide-average-revenue-per-capita

(Reference: statista.com)

  • In 2023, the average revenue generated per person in the global laptop market is approximately $16.61.
  • The projected average revenue per person in the coming years is as follows:
    • 2024: Expected to be $16.45.
    • 2025: Anticipated to increase to $16.91.
    • 2026: Forecasted to grow to $17.35.
    • 2027: Projected to rise to $17.89.
    • 2028: Expected to reach $18.43.

Revenue Comparison by Country

laptops-worldwide-revenue-comparison

(Reference: statista.com)

  • China is leading in laptop market revenue in 2023, expected to earn $23.25 billion, a 0.8% increase from the previous year. The market is forecasted to grow at an annual rate of 3.28% from 2023 to 2028.
  • The United States follows with a projected revenue of $21.2 billion in 2023 and an anticipated annual growth rate of 1.45% from 2023 to 2028.
  • Japan’s laptop market is expected to generate $7.8 billion in 2023, but it is projected to see a decrease in growth at a rate of -1.88% annually from 2023 to 2028.
  • India’s market is forecasted to reach $6.0 billion in 2023, with a robust annual growth rate of 7% from 2023 to 2028.
  • Turkey is projected to earn $3.8 billion in 2023, with an expected annual growth rate of 4.40% from 2023 to 2028.

By Volume and Volume Growth

the-worldwide-volume-earned-by-the-laptops-market-in-2023

(Reference: statista.com)

  • In 2023, the global laptop market is expected to sell 188.1 million units, representing a 3% increase from the previous year.
  • The projected sales volumes for laptops in the coming years are as follows:
    • 2024: Expected to reach 189.9 million units, a growth of 1%.
    • 2025: Anticipated to be 193.6 million units, increasing by 1.9%.
    • 2026: Forecasted to be 197.3 million units, also growing by 1.9%.
    • 2027: Projected to reach 202.4 million units, with a 2.6% increase.
    • 2028: Expected to hit 207.1 million units, a rise of 2.3%.

By Price Per Unit

the-global-market-of-laptops-price-per-unit

(Reference: statista.com)

  • In 2023, the average price for a laptop in the global market is expected to be around $640 (noted as $0.64K).
  • The expected average prices per laptop unit in the following years are:
    • 2024: Estimated to be $630 ($0.63K).
    • 2025: Projected to be around $640 again ($0.64K).
    • 2026: Anticipated to increase slightly to $650 ($0.65K).
    • 2027: Forecasted to rise to $660 ($0.66K).
    • 2028: Expected to reach $680 ($0.68K).

By Gaming Share

laptops-worldwide-gaming-hardware-penetration-rate.

(Reference: statista.com)

  • In 2023, approximately 23.7% of the global market is using gaming hardware.
  • The expected market penetration rates for gaming hardware over the next five years are as follows:
    • 2024: Projected to increase to 24.8%.
    • 2025: Anticipated to rise to 25.6%.
    • 2026: Expected to grow further to 26.4%.
    • 2027: Forecasted to reach 27%.
    • 2028: Estimated to climb to 27.6%.

By Brand Share

-the-top-manufacturers-of-the-laptops-market-around-the-world.

(Reference: statista.com)

  • According to Statista’s recent analysis in June 2023, the leading laptop manufacturers globally are Apple with a 17% market share, Lenovo at 15%, and HP holding 12%.
  • The market shares for other significant laptop manufacturers are as follows:
    • Acer holds 11% of the market.
    • Asus has a 9% share.
    • Dell possesses 7%.
    • Microsoft accounts for 4%.
    • Huawei has 3% of the market.
    • Razer and Samsung each have a 2% share.
    • Other manufacturers collectively make up 18% of the market.

Laptop Statistics by Segmentation

  • According to the reports of Einpresswire, the 2-in-1 laptop segment is going to account for the fastest growth rate of 6% CAGR from 2022 to 2031.
  • On the other hand, based on design the largest share is going to account for the notebook segment with 5.2% of CAGR by the end of 2031.
  • According to the reports of Grand View Research analysis, based on type the largest share was accounted by the traditional laptop segment with 56% by the end of 2022.
  • Based on screen size, the largest market share was accounted by the 15.” to 16.9” segment accounts for 48%, and the 11” to 12.9” segment is expected to reach a CAGR of 8.4% from 2023 to 2031.
  • Based on price, the $1001 to $1500 segment is going to hold the highest market share at a CAGR of 7.1% from 2023 to 2031.
  • Lastly, in 2022 based on end-use the business segment holds the largest share of 48%, and is expected that the segment is going to be dominating by 2030.

Laptop Statistics by Companies

  • Whereas, in 2023 the global market share of laptop companies such as Toshiba, MSI, Microsoft, and Samsung accounted for 13.9%.
  • By the end of 2028, the global laptop sales rate is expected to grow at a CAGR of 2.93%.
  • In the 3rd quarter of 2023, the estimated laptop sales share of the market accounts for 24% share.
  • Lenovo has an estimated 24% laptop sales share over the global marketplace in the 3rd quarter of 2023.
  • As of 2023, HP’s popular models such as Envy, Elitebook, Pavilion, Omen, and Pavilion gaming accounted for a market share of 22.5% in 2023.
  • By the 3rd quarter of 2023, the global share of Dell Technologies laptops holds 17.4% and by the end of 2023, it is expected to reach 26.7%.
  • Furthermore, other company’s market shares are followed by Apple (13.3%), Acer (5.9%), ASUS (2.9%), and others (7.7%).

Laptop Statistics by Shipments

  • According to Fortunly’s article analysis in 2023, the top three vendors of laptops such as Lenovo, HP Inc., and Dell accounted for 6.95% of unit shipments.
  • On the other side, global laptop sales totaled $127.6 billion, and 114.8 million units shipped by the 2nd quarter of 2023.
  • In the United States 2nd quarter of 2023, the laptop shipment market statistics by brands are followed by Dell (4.85 million), HP Inc. (4.84 million), Lenovo (3 million), Apple (2.4 million), Acer (1.07 million), ASUS (523 thousand), and others (1.4 million).

Laptop statistics by Operating System

operating-system-market-share-worldwide

(Reference: statcounter.com)

United States (as of November 2023):

  • Windows leads with 37.22% of the laptop market.
  • OS X holds 22.49%.
  • iOS has a share of 18.15%.
  • Android is at 12.89%.
  • Chrome OS accounts for 5.31%.
  • Linux holds 1.64%.

Global Market (as of November 2023):

  • Android is the most popular with 38.27%.
  • Windows has 30.6%.
  • iOS comes in with 16.54%.
  • OS X holds 9.4%.
  • Chrome OS is at 1.66%.
  • Linux has 1.44%.

First Quarter of 2023:

  • Android dominates with 41.48%.
  • Windows follows with 28.32%.
  • iOS has 17.31%.
  • OS X is at 7.02%.
  • Chrome OS accounts for 1.32%.
  • Others make up 3.07%.

Second Quarter of 2023:

  • Android leads with 39.16%.
  • Windows has 30.15%.
  • iOS is at 16.47%.
  • OS X holds 8.78%.
  • Chrome OS is at 1.45%.
  • Others account for 1.84%.

Laptops Market Size by Country

-laptop-market-size-by-country.

(Reference: indexbox.io)

  • As of the above pie chart analysis, the highest market size of the laptop industry in 2023 is going to be accounted for by the United States with a 26.1% share.
  • The 2nd and 3rd highest market share is going to constitute China (17.8%), and Japan (6.1%) respectively.
  • Whereas, Brazil and Poland hold a market share of 4.8% and 4.6% respectively.
  • Rest other countries together make a share of 45.1%.

Indian Laptops Statistics

  • According to the reports of Statista in 2023, almost 76.2% of survey respondents stated that they have one laptop in their house.
  • Whereas, 15.8% of people stated that they have two laptops in their home.
  • India’s laptop market is dominated by HP and Dell with a market share of 55% of which 23.1% of respondents claimed to have Dell Technologies.

Laptop Statistics by Website Traffic

By Country

 laptopmag.com-Web-Traffic-by-Country

(Source: similarweb.com)

  • As of November 2023, the United States had 26.12% of total traffic on laptopmag.com, but it recorded an increase in total website visitors by 13.68%.
  • Other countries that recorded total website traffic are followed by the United Kingdom = 7.84% (-4.53%), Canada = 5.89% (+5.67%), India = 4.39% (+2.13%), and Australia = 3.91% (+12.4%)
  • Whereas, other countries collectively made 38.83% of website traffic.

By Age Group

-laptopmag-com-website-traffic-demographics.

(Reference: similarweb.com)

  • As of the above graph analysis, the Laptop Statistics by the demographic state that, the highest number of users observed is between the age group of 25 to 34 years resulting in 32.65%.
  • There are 21.04% of laptop users aged between 18 to 24 years.
  • 19.23% and 13.78% belong respectively to 35 to 44 years and 45 to 54 years.
  • 8.3% of users are aged between 55 to 64 years.
  • And there are 4.99% of laptop users contributing from the age of above 65 years.

By Traffic Source

laptopmag-com-top-traffic-sources

(Reference: similarweb.com)

  • As per Laptop statistics, the highest rate of rate of traffic towards laptopmag.com is by organic search (85.03%).
  • While the direct source contributes 11.46% followed by referrals with 2.37%.
  • Furthermore, other traffic sources consist of social (0.89%), mail (0.24%), and display (<0.01%).

By Social Media Referral Rate

social-media-traffic-to-laptopmag-com

(Reference: similarweb.com)

  • Reddit has the highest rate of social media with a referral rate of 33.82%.
  • Others are followed by Facebook (27.99%), Twitter (18.65%), Linkedin (6.04%), Quora (5.89%), and others (7.61%).

Conclusion

As of today after completing the article on laptop statistics, it can be stated that the overall market is evolving rapidly or can be termed as the fastest-growing market which has made people’s lives easier. In the recent year 2023, the shipment of Lenovo laptops remained highest with a market share of 23.65%.

If you want to know more details about the global market of laptops, then this article will provide you with all basic and current statistics based on revenue, market share, shipment units, website traffic, companies, country, operating systems, etc. All these are discussed elaborately above hope, this will you understand the topic effectively.

Source:: Coolest Gadgets

How this startup uses AI to give speech-impaired people their voice back

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By Linnea Ahlgren

There is big tech — and then there is smaller tech with big impact. Dutch AI startup Whispp is using assistive voice technology to convert speech diminished by ailments such as stuttering, throat cancer, vocal cord paralysis, and ALS, into the person’s original, natural voice. The startup, based in Eindhoven, just secured a €750,000 seed funding round led by LUMO Labs to launch its assistive voice technology and its first paid and subscription-based calling app. Whispp will also use the funds raised to expand into European and US markets. Furthermore, the company is one of this year’s CES 2024 Innovation Award…

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Source:: The Next Web

Dutch online supermarket Picnic bags €355mn after international expansion

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By Thomas Macaulay

Dutch online supermarket Picnic has bagged a cool €355mn in funding after a year of international expansion, the company announced today. The grocery delivery service launched in the Netherlands back in 2015, before later entering France and Germany. Picnic said that the expansion across Europe helped the business grow by 40% in 2023. Turnover for the year reached an estimated €1.25bn. A particularly thriving new market is Hamburg, which hit a turnover of €40mn just six months after launching last April. That made it Picnic’s fastest-growing city. In the Netherlands, meanwhile, the recent growth has come from adding new customers in…

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Source:: The Next Web

Solar Charger Statistics 2024 – By Types, Shipments, Market Size and Countries

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By Barry Elad

Portable_Solar_Charger_Market_Overview

Introduction

Solar Charger Statistics: As of recent reports analysis, the global market size of the Solar Charger is expected to reach $13.1 billion by the end of 2033. The sales of solar chargers have increased due to the increasing demand for electric vehicles and the increasing use of electricity in the transportation industry. The global solar charger market is segmented based on types, applications, geography, shipment, market share, etc. These solar charger statistics include insights from various aspects that provide light on why Solar Chargers are a growing industry around the world.

Editor’s Choice

  • According to the report’s analysis of Fact.MR, the worldwide market size of the Solar Charger in 2023 is expected to be almost $3.5 billion.
  • The global market growth is predicted to reach a CAGR of 14.1% from 2023 to 2033.
  • The global market share of Mono-crystalline Panels is supposed to be 70% in 2023.
  • By the end of 2023, the largest market of solar chargers is going to be achieved by Canada in the region of North America with a share of 30%.
  • According to the reports of maximize market research, the fastest growing market share is going to be achieved by the Middle East and African region with a CAGR of 21% from 2023 to 2029.
  • According to the reports of Maximize Market Research, the market valuation of portable solar chargers in 2022 was $3.64 billion and by the end of 2029, the valuation is expected to reach $13.83 with a CAGR of 21% from 2022 to 2029.
  • In the portable solar charger market, the foldable type segment is expected to reach a CAGR of 22% by the end of 2029.
  • By the end of 2029, the use of solar chargers is expected to increase faster in the defense sector with a CAGR of 21%.
  • Around the world, most solar chargers are imported from China, Vietnam, and India.
  • As of reports, there are 2,735 global buyers available in 190 countries and 2,095 global suppliers of solar chargers are available in 61 countries in 2023.

What is a Solar Charger?

Solar chargers are generally portable and employ solar energy to supply electricity to many electronic devices and batteries. A solar charger consists of 3 important components such as a solar panel, a rechargeable battery, and a charge controller.

The solar chargers are used as travel chargers for mobile phones, cameras, laptops, gaming devices, and tablets; the solar chargers are integrated with laptop bags, solar backpacks, and rucksacks; portable solutions for homes, standalone non-portable charging stations for e-bikes, and solar power units for public spaces.

Facts of Solar Charger

  • As of reports in June 2023, a new company that finances assets of solar energy and digital devices (Yellow) in Africa has raised around $14 million in a Series B financing round for enabling growth efforts over the African region.
  • In July 2023, a Mexican solar panel start-up known as ‘Bright’ which was backed by Hollywood hotshot Leonardo DiCaprio announced that the fund has raised $31.5 million in Series C financing round.

(Source: marketresearchfuture.com)

  • According to Market Research Future, the market size of the portable solar charger by the end of 2023 is expected to be $0.24 billion and by 2023 it is supposed to be $0.9 billion with a market growth of 17.50% from 2023 to 2032.
  • In 2022, the dominating market of the portable solar charger industry was North America with a share of 45.80%, which is followed by Europe, Asia Pacific, and the rest of the world.
  • The leading manufacturers are Renogy, HQST, Goal Zero, Go Power, Acopower, Voltaic System, EMPO-NI off-grid solutions, Anker Innovations Limited, etc.

 Solar-Battery-Charger-Market-Size-And-Forecast

(Source: verifiedmarketresearch.com)

  • According to the reports of Solar battery charger market size is projected to be around $5.1 billion by the end of 2030, with a CAGR of 18.7% from 2022 to 2030.
  • There are 3 different types of solar charge controllers available Simple 1 or 2-stage controls, Pulse width modulated, and maximum power point tracking.

General Statistics

  • According to the reports of Energy ARC, the global market size of solar panels is expected to reach $1,296.3 million by the end of 2027 with a CAGR of 17.5% from 2022 to 2027.
  • As of knowledge sourcing intelligence report analysis, the portable solar charger market is growing enormously due to the surge in activities such as hiking, traveling, and camping.
  • According to SGB Media reports, in 2023 almost 97% of Americans have planned to enjoy outdoor activities.
  • According to the IBEF reports, by the end of 2028 in India the travel and tourism sector is going to contribute around $512 billion.
  • The three important products of solar chargers are portable 5V/2A 10W USB Solar chargers (designed by Flexsolar), sCharger-5 (Suntactics), and SOLAR ADVENTURE II (Powertraveller International Ltd.)
  • Portable 5V/2A 10W USB Solar chargers are used to charge mobile phones, power banks, and rechargeable USB devices under sunlight.
  • sCharger-5 supports all USB devices such as Samsung phones, the latest iPhones, and power banks in which the charger must be kept in 30 degrees of direct sunlight.
  • Solar Adventure II is capable of charging most 5V electronic devices such as smartwatches, action cameras, smartphones, etc.
  • The solar chargers can easily charge lead acid batteries and Ni-Cd batteries with capacities up to 48V and 4000 mAh.

Advantages of Solar Charger

  • It requires natural energy and no requirement of external electricity.
  • The overall operational and maintenance cost is zero.
  • Provides an immediate charging facility (anywhere and anytime) for recharging electrical items such as tablet devices, mobile phones, etc.
  • The purchasing and set up cost is expensive and mostly depends on specifications.

Solar Charger Statistics by Types (Efficiency)

  • The solar charger includes solar panels that allow for converting solar energy into electrical energy.
  • Different types of panels used are Monocrystalline solar chargers, Poly-crystalline solar chargers, Amorphous solar chargers, and Hybrid solar chargers.
  • According to the reports of Transparency Market Research 2023, the most effective chargers are Mono-crystalline with 15% efficiency; other efficiency shares of solar chargers are followed by Poly-crystalline (13%), Amorphous Amorphous (7%), and hybrid (18%)

Solar Charger Statistics by Shipments

  • According to the report’s analysis of Volza Grow Global, the total solar charger shipment units turned out 11.9K which is imported by 2,735 and 2,095 world importers and suppliers respectively.
  • The top 3 importers of solar chargers statistics by shipments are followed by Uganda (2,359), the United States (2,343), and Vietnam (1,334).
  • The top product categories of solar chargers around the world in 2023 are HSN Code 85044000000, HSN Code 85044090, and HSN Code 39269099.
  • The import market share with several shipments is followed by Cloud Network Technology Singapore PTE Ltd. (976), Funding Precision Component Co. Ltd. (406), and Star Aaroh General Investments Ltd Jinja Jinja Municipality East Jinja Central Central Jinja Eastmain Street East Jinja City Na 8081 Jinja (368).
  • The export market share statistics by shipments are followed by Funding Precision Component Co. Ltd (789), New Spread Trading Limited (546), and Cloud Network Technology Singapore PTE Ltd. (422).

Solar Battery Statistics by Market Size

  • According to the reports of Straits Research analysis, the global market size of solar batteries is expected to reach around $540 million by the end of 2030.
  • The market share is going to grow at a CAGR of 15.5% from 2022 to 2030.
  • As of 2023, the revenue share of the Asia Pacific region is around 40% and the market value is supposed to be $215 million by the end of 2030 at a CAGR of 17.5%.
  • Whereas by the end of 2030, the 2nd largest market value is going to be accounted for by the European region resulting in $175 million with a CAGR of 15.8%.
  • The 3rd largest market is going to be achieved by the North American region with around $40 million at a CAGR of 9% from 2023 to 2030.

Solar Chargers Statistics by Countries

Global Buyers and Suppliers

  • Number of buyer’s statistics by countries is followed by the United States (673), Uganda (377), India (318), Vietnam (182), Pakistan (169), Peru (97), Kenya (89), Philippines (76), Sri Lanka (56), and Indonesia (50).
  • Number of suppliers are followed by countries are followed by China (1180), India (185), the United States (131), Hong Kong (116), and Vietnam (56).

Global Importers and Suppliers

  • Global import of solar chargers by countries are followed by Uganda (2359), United States (2343), Vietnam (1334), India (1150), Kenya (670), Peru (480), Pakistan (451), Tanzania (431), Spain (220), Turkey (217), Singapore (204), Indonesia (136), Netherlands (122), Philippines (115), Australia (111), Sri Lanka (109), and Nigeria (105).
  • Global export of solar chargers by countries is followed by China (7299), Vietnam (1695), India (1076), Hong Kong (307), United States (294), Switzerland (165), Netherlands (145), and Taiwan (113).

Solar Chargers Statistics by Rank

#1. Blavor solar power bank (overall best)

(Source: zdnet.com)

  • This solar charger includes features such as 20,000 mAh with 3 different light modes and, the capability of fast charging by using a maximum of 18W charging power.
  • Compatibility in both Apple / Android devices, other devices such as USB charging, MP3 players, cameras, and MP3 players, and GPS
  • Benefits include 4 ports, a built-in flashlight, a compass, and Qi wireless charging.

#2. BigBlue 28W Solar Charger (best portable charger)

(Source: zdnet.com)

  • This solar charger includes features such as 28W, USB-C cable, and waterproof protector which work mostly with Android and Apple devices.
  • The pros are a 3-port design, quick charging speeds, and fantastic durability.

#3. Hiluckey 25,000 mAh Powebank (best for fast charging)

(Source: zdnet.com)

  • Features include 25,000 mAh, the charging time is up to 6 times faster, waterproof, shock and dust resistant.
  • The Pros are a built-in battery pack, charges multiple devices, and a compact design

#4. Jackery Solar generator (best luxury charger)

(Source: zdnet.com)

  • Features include 1534Wh with 1800W, 4 SolarSaga 100W solar panels, and car charger cable.
  • The pros of this device are very efficient, has a reliable operation, and performs in cloudy weather.

Solar Chargers Statistics Charging Stations

  • The global market size of the solar charging station by the end of 2023 is expected to be $0.72 billion and $2.98 billion by the end of 2032, with a CAGR of 19.30% from 2023 to 2032.
  • According to the reports of Market Research Future, in 2022 the largest market was accounted by the North American region with $0.28 billion.
  • On the other hand, the household segment is holding the dominating market accounting for 55% share resulting in $0.34 billion.
  • The on-grid charging station was dominating the market accounting for 60% of the revenue share resulting in $0.37 billion.
  • Whereas, the battery energy storage system segment is a dominant component across the market with a revenue share of 55% resulting in $0.34 billion.

Conclusion

As of today, after completing the article on Solar Charger Statistics it can be stated that solar chargers are known to be versatile as they can be used for charging several electronic devices such as phones, laptops, drones, cameras, etc without any requirement of electric power. The popularity of portable solar chargers is increasing enormously around the world as every year lots of people are opting this for several adventure and outdoor activities.

As of the above report analysis by the end of 2033 the projected global market value is expected to be $13.1 billion. This article includes possible effective statistics for understanding the basic importance of the topic.

Source:: Coolest Gadgets

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