Energy & Environment Industry Today
Global Solar Cooker Market Forecast (2023-2028): Anticipated CAGR of 8.58%
MarkNtel Advisors recently published a detailed industry analysis of the Solar Cooker Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Solar Cooker Market (2023-2028)
The Global Solar Cooker market is expected to grow at a CAGR of around 8.58% during the forecast period, 2023-28,
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What is driving the Solar Cooker Market?
Growing Inclination of the Residents & Governments Towards the Use of Sustainable Products - Rising CO2 emissions across regions globally as a consequence of an upsurge in the consumption of fossil fuels for residential projects, manufacturing facilities, and the energy & utility sectors have intensified government concerns about the use of sustainable alternatives. As a result, to combat rising carbon emissions, the government & various non-governmental organizations are increasingly promoting the use of solar-powered cooktops or cookers to replace traditional sources of cooking such as firewood, coal, and others.
Moreover, the rising prevalence of respiratory diseases among rural residents is widely supporting the sale of solar cookers, especially since there is an inability to access LNG in rural areas. In response, governments are increasingly distributing solar cookers to the rural populace to boost awareness & reduce disease burdens. For instance, according to Solar Cookers International, approximately 2.4 billion residents globally cook food using polluting fuels & look for a way out of energy poverty.
Thus, to provide the residents with efficient as sustainable cooking alternatives, PURAMS (Productive Use in Rural Africa Markets using Standalone Solar), in 2022, announced to develop of a standalone solar cooker to address the challenges caused by traditional cooking methods faced by rural communities across Mozambique, Rwanda, and Kenya among others.
In light of these initiatives by non-government organizations & governments across countries to raise awareness of solar cookers by conducting distribution activities in rural areas, the global market for solar cookers is expected to continue to grow during 2023-2028.
What segments define the Solar Cooker market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Type
(Solar Box Cooker, Solar Panel Cooker, Solar Parabolic Cooker, Others (Trough Cookers, and Evacuated Tube Cookers)),
By End User,
(Residential, Commercial),
By Distribution Channel
(Online, Offline, (Hypermarkets & Supermarkets, Retailers))
By Region
(North America, Latin America, Europe, The Middle East & Africa, South East Asia)
Explore the Complete Solar Cooker Market Analysis Report – https://www.marknteladvisors.com/research-library/solar-cooker-market.html
Who are the leading key players shaping the Solar Cooker Market landscape?
Tellco Europe, Glenergy Inc, Gosun, SoLenium Technology, Simplified Technologies for Life Pvt. Ltd., Kavita Solar Energy Private Limited., Greenmax Technology, Rudra Solar Energy, Hainess Solar cookers LLC, SunMitra Solar Pvt. Ltd, Suryatech Solar Systems, Earth Cardboard Co. Ltd, HainingJuYang New Energy Co., Ltd, KECUP, MrMapMax, Indian Oil Corporation Limited (IOCL), and Others
Questions Addressed in this Study
1.What factors are driving the Solar Cooker Market growth?
2.How is the Solar Cooker Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Solar Cooker Market?
4.What is the current size of the Solar Cooker Market, and how is it projected to change in the future?
6.What is the future outlook for the Solar Cooker Market in terms of technological advancements and market expansion?
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Ashina Gupta
MarkNtel Advisors
Corporate Office: Office No.106, H-160, Sector 63, Noida, Uttar Pradesh - 201301, India
Noida
Noida
201301
+1 628 895 8081
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