-- It has seen that many businesses are now using large solar panels to generate more kilowatts of electricity. But the cons of these solar panels are they are quite big and take more space. Besides, some event can’t be used for households. That’s why using modern solar technologies; different companies have now started manufacturing Pico Solar or Pico PV systems. They use compact solar panels and generate power which can be used to powerup portable and small application.
They are getting more popular and common over time. On the other hand, they are quite smaller and cheaper than traditional systems. Even though they are small, Pico Solar Systems generate powers to charge the low power gadgets which are now increasing. For example, toys, calculators, cameras, cell phones, MP3 players, portable fans, and more. The power output capacity of the panels can range from 0.1 watts peak to 5 watts peak. Such an amount of power is enough to charge the multifunction devices. The rapid introduction of portable devices, which operate using small amounts of electrical power, has increased the number the demand of these solar systems.
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Major Key Players
Barefoot Power
Panasonic
Yingli Green Energy
Greenlight Planet
Signify NV
M-KOPA Solar
Nokero
D.Light Design
Fosera Group
Global Pico Solar Systems Market Segmentation
Market segment by Type, the product can be split into
0.1-5 Watts-Peak
5-20 Watts-Peak
Market segment by Application, split into
Small Portable Devices
Home and Garden Lighting
Other
Geographical Market Segmentation
By segmenting the global market in a different region, it will be easy to ascertain the future growth of the world market. So, here the significant areas are China, Japan, India, North America, Europe, Southeast Asia, and Central & South America.
As per the experts, Southeast Asia may dominate the global market in this segment during the forecasting period. In the second place, there may be North America. However, it depends on the production rate of small and compatible electronic devices which operate on solar power.
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