Portable Solar Power Cooler Market Forecast and CAGR
In recent years, the global portable solar power chiller production has increased. Due to ongoing improvements and emerging technologies in the automobile sector, new markets have opened up and new trends have emerged. In today’s world, air conditioning is a must-have function in passenger automobiles and buses.
Component manufacturers and automotive coolant manufacturers have achieved substantial technological advances in the performance, efficiency, and cost of air conditioning systems. Portable solar power cooler market is set to witness a CAGR of 6.0% during 2021-2031.
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What is Driving Demand for Portable Solar Power Cooler?
Increasing demand for car equipped AC or coolers from the end users is expected to drive the demand over the forecast period. It is optimized to fit on the floor in front of smaller middle seat located in maximum cars which runs from the rechargeable battery or by the car AC port.
Car portable coolers are more efficient and convenient in storage supplies and food, rather than using food and beverage box with ice packs. Moreover, with rise in cold storage, many car manufacturers are installing portable solar power car cooler to increase high electronic features. This is a major factor expected to drive the growth of the convenient solar power cooler market.
Trends in Portable Solar Power Cooler Likely to Augment Sales
Solar-Powered Coolers have transformed what it means to live and prosper sustainably off the grid. Consumers may go for longer lengths of time without needing to refill ice or perishable things by relying on the strength of the sun to keep their meals cool. Thus, sustainability has become the prominent trend.
For instance, for those seeking for a solar-powered cooler, ACOPower’s Lion Cooler is the best option. The firm offers a wide range of portable models in a variety of sizes and prices to suit any solar setup or budget. LionCoolers are designed to be portable. The ACOPower solar cooler is the ideal alternative for mobility because of the luggage-style handle and the robust multi-terrain 6-inch wheels.
This device is ideal for rolling out onto the deck until your next picnic or hauling out to the campfire across a difficult surface. The LionCooler may be charged in three ways: with solar panels, regular AC wall outlets, or a DC car port (cigarette lighter). Such offerings are expected to boost the sales of portable solar power coolers.
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Impact of Covid- 19 on Portable Solar Power Cooler Market
The effect of COVID-19 on the global portable solar power cooler business was immediate. The COVID-19 pandemic had a direct impact on the manufacturers of portable solar power cooler. Restrictions imposed on outdoor and leisure activities such as camping, hiking etc. impacted the overall business of portable solar power coolers.
Furthermore, the supply chain was interrupted as a result of the stoppage of manufacturing plants and trade restrictions.