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Solar Cooker Market Projected to Expand Rapidly with 8.58% CAGR by 2028

MarkNtel Advisors recently published a detailed industry analysis of the Global Solar Cooker Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Solar Cooker Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028

The Solar Cooker Market is poised to grow at a CAGR of around 8.58% during the forecast period, i.e., 2023-28.

Key Findings in Global Solar Cooker Market:

  • Historical Analysis: 2018–2021
  • Base Year: 2022
  • Forecast Period: 2023–2028

Leading Market Players- 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

Key Highlights of the Report

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

What are the major Driver the Global Solar Cooker industry?

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.

âś…In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report. https://www.marknteladvisors.com/query/request-sample/solar-cooker-market.html

What segments define the Global 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)

According to report, In the last few years, there has been an increased interest in Solar Parabolic Cookers due to the fact that they are capable of cooking food faster than other types of solar cookers.

By End User

    • Residential
    • Commercial

By Distribution Channel

    • Online
    • Offline
      • Hypermarkets & Supermarkets
      • Retailers

According to report, Offline distribution channels held a dominant share historically, and the segment is anticipated to continue to hold a significant share in the upcoming years as well.

Explore the Complete Global Solar Cooker Market Analysis Report – https://www.marknteladvisors.com/research-library/solar-cooker-market.html

Geographical Analysis: Global Solar Cooker Market

 By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Global Solar Cooker Market Recent Development:

  •  2022Earth Cardboard CO. Ltd., a solar cooker manufacturer based in Japan, announced the development of an eco-friendly cooking utensil made of water-resistant cardboard by applying a varnish coating to the Eco Solar Cooker.
  • 2022Indian Oil Corporation Limited (IOCL) announced the development of a solar cooktop called "Surya Nutan" that can be used effectively in all-weather seasons and would initially be distributed in the Indian market.

Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the Global Solar Cooker Market?
  • How is the Global Solar Cooker Market expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/solar-cooker-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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