Solar Blanket Market By Type (Amorphous Silicon, Cadmium Telluride, Copper Indium Gallium Selenide, Others), By Product Type (Round Solar Blankets, Oval Solar Blankets, Rectangle Solar Blankets), By Application (Industrial, Residential, Aerospace, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global solar blanket market was valued at $132.4 million in 2021 and is projected to reach $274.2 million by 2031, registering a CAGR of 7.6% from 2022 to 2031.
Solar blanket is a portable and foldable solar power generator that can be used to power portable electronic gadgets. solar blankets act as a portable power station for electronic devices, providing their battery pack with power from the sun.
Solar blankets are manufactured using flexible solar panels which are more efficient than conventional solar panels. Solar blankets are available in various product types such as rectangle solar blankets, oval solar blankets, and round solar blankets. Rectangle solar panels are the standard configuration across the globe, hence rectangle-shaped solar blankets have a wide range of applications. It is widely used in the automotive industry, aerospace industry, and various other industries to power equipment. Solar blankets are widely used in universities for various purposes such as providing comfort to students, reducing electricity bills, and many more. They are installed on the roofs of the buildings. The main advantage of using solar blankets in universities and commercial buildings is that it helps in conserving energy and cuts down on electricity bills.
A solar blanket is less expensive than traditional solar panels since it does not require an installation system to capture solar energy. A solar blanket is a product that is made by gluing a solar sheet and a protective film on a cloth or a plastic product. In comparison to solar blankets, traditional solar panels require glass, EVA film, and a backsheet, which raises the production cost of conventional solar. Furthermore, the global growth in outdoor camping activities has increased demand for portable solar power production solutions, such as solar blankets. All such factors positively influence the Global solar blanket market.
The solar blanket market analysis is segmented on the basis of type, product type, application, and region. By type, the market is divided into amorphous silicon, cadmium telluride, copper indium gallium selenide, and others. By product type, the market is divided into round solar blankets, oval solar blankets, and rectangle solar blankets. By end use, it is divided into industrial, commercial, automotive, aerospace, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players in the solar blanket industry Alta Devices, Enecom, Flisom, FWAVE Company Limited, SunPower Corporation, PowerFilm Solar Inc., Sunflare, Sungold, Flagsun, and Leslie's Inc.
IMPACT OF COVID-19 ON THE GLOBAL SOLAR BLANKET MARKET
The COVID-19 pandemic led to a decline in the demand for the solar blanket market due to a decline in the tourism industry across the globe. In addition, the decline in the transportation sector has had a significant impact on the aerospace and automotive industry which led to a decline in the demand for solar blankets. Furthermore, the outbreak of the pandemic has created awareness among the people regarding the advantages of the utilization of solar blankets to power portable electronic gadgets or on a large-scale power generation which has driven the growth of the global solar blanket market.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the solar blanket market analysis from 2021 to 2031 to identify the prevailing solar blanket market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the solar blanket market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global solar blanket market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Amorphous Silicon
Cadmium Telluride
Copper Indium Gallium Selenide
Others
By Product Type
Round Solar Blankets
Oval Solar Blankets
Rectangle Solar Blankets
By Application
Industrial
Residential
Aerospace
Automotive
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Alta Devices
Flisom
FWAVE Company Limited
SunPower Corporation
Leslie's Inc.
Sunflare
Sungold
Enecom
PowerFilm Solar Inc.
Flagsun
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