May 12 2010
The past two decades have witnessed an increase of portable technologies with laptops, e-readers, mobile phones, gaming devices and global positioning systems (GPS) being commonly used. Most of these portable devices use rechargeable batteries for powering them and require continuous supply of energy.
Green battery chargers that use wind or solar wind energy offer the user with clean energy at any point in time in addition to mobility; thereby create lucrative market opportunities for the renewable chargers market of Europe.
Analysis from ‘Opportunities for Green Battery Chargers’ of Frost & Sullivan estimates that the market for green chargers will grow at 15% CAGR from 2008 to 2014. Owing to the current economic crisis and the high prices of these green chargers, the rate of growth is likely to be minimal in 2010. Awareness levels among customers are also low. Certain types of green chargers including piezoelectric and wind are still in pre-development or pilot stage. However, with increase in awareness, environmental issues and mobility, growth rate is also likely to increase by late 2014. This Frost & Sullivan research covers wind chargers and solar chargers.
Solar battery chargers happen to be the most extensively developed and researched technology. Solar battery chargers have high efficiency and flexibility in comparison with other green chargers. Another extensively used technology wind chargers are low in cost and sleek in design. The market shares of well-established Western companies are affected by the introduction of unbranded and cheap chargers from most Taiwanese and Chinese companies.
‘Opportunities for Green Battery Chargers’ is a part of Frost & Sullivan’s Power Systems Growth Partnership Services programme that comprises research in the market: European Secondary Lithium Battery Market among others.
Source: http://www.frost.com/