Europe, MENA, North America Portable Integrated Photovoltaic Market is expected to reach US$ 2,083.26 Million by 2031

Growing Adoption of Portable Electronic Devices Bolsters Portable Integrated Photovoltaic Market Growth

According to our latest study on "Portable Integrated Photovoltaic Market Analysis to 2031 – Geography Analysis – by Application," the portable integrated photovoltaic market size is projected to reach US$ 2,083.26 million by 2031 from US$ 825.20 million in 2024; it is anticipated to record a CAGR of 14.3% from 2025 to 2031. The report includes growth prospects owing to the current portable integrated photovoltaic market trends and their foreseeable impact during the forecast period.

There is an increase in the adoption of portable electronic gadgets such as smartphones, tablets, and laptops, mainly due to the growing reliance on these devices in various aspects of daily life, coupled with the need to stay connected and productive even when away from traditional power sources. Smartphones have become an indispensable tool for communication, information access, entertainment, and even work. The number of smartphone users globally is continuously rising. For instance, as of 2024, the global smartphone user base was estimated at 4.88 billion, representing approximately 60.42% of the world's population. The total number of smartphones in use globally was approximately 7.21 billion. Similarly, the US has 276.14 million smartphone users, with an 81.6% penetration rate. 94% of adults aged 18 to 29 in the US own smartphones, while 83% of urban residents in the US own smartphones, compared to 65% in rural areas.

Portable Integrated Photovoltaic Market Analysis — by Region, 2023

Source: The Insight Partners Analysis

Access to traditional power outlets is limited or non-existent in many situations, such as travel, camping, or remote areas. This is where portable power solutions, such as the portable integrated photovoltaic system, become crucial for keeping devices charged and functional. Similarly, portable power solutions such as the portable integrated photovoltaic also serve as essential backup power during power outages or emergencies, ensuring that communication devices remain operational. Thus, the rising adoption of portable electronic devices such as smartphones, cameras, laptops, and tablets propels the portable integrated photovoltaics market growth.

Based on application, the portable integrated photovoltaic market report has been segregated into emergency power backup and leisure and recreational activities. Geographically, the market is segmented into North America, Europe, and the Middle East & North Africa.

Portable integrated photovoltaics (PIP) is emerging as a critical solution for emergency power backup systems, providing reliable and renewable energy sources during power outages or natural disasters. When grid power is unavailable or disrupted, portable integrated photovoltaic systems offer a compact, efficient, and sustainable alternative to traditional backup generators. Portable integrated photovoltaic systems, including lightweight and flexible solar panels, can be easily deployed in emergency scenarios to power essential devices such as communication equipment, medical devices, and lighting. These portable solar solutions can be integrated into a variety of emergency kits, vehicles, or portable power stations, ensuring that critical systems remain operational in off-grid environments. The key advantage of portable integrated photovoltaics in emergency power applications is its ability to generate electricity in remote locations without relying on fossil fuels or grid infrastructure. With advancements in solar panel efficiency and energy storage technology, portable integrated photovoltaic solutions can provide long-term, off-grid power, making them invaluable in disaster relief efforts and areas with unreliable energy access. Hence, as the demand for sustainable and resilient energy solutions grows, portable integrated photovoltaic systems offer businesses and consumers a reliable, eco-friendly alternative to traditional power backup methods.

The geographic scope of the portable integrated photovoltaic market report offers a detailed global, regional, and country analysis, which covers regions such as North America, Europe, and the Middle East & North Africa. North America and Europe are major regions witnessing significant growth in the portable integrated photovoltaic market share. The Europe portable integrated photovoltaic market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. According to the blog by KoronaPay Europe Limited, in 2022, EU citizens took 202 million tourist trips, with at least one overnight stay in a neighboring EU country. 47% of these travels were done by hired or private cars, whereas airlines accounted for 39%. However, very less people in the region opted to travel by trains (6%), buses (5%), and water transport (3%). In addition, out of all the outdoor activities, camping is a popular outdoor pastime throughout Europe, attracting both local and international visitors. Many people in Europe like camping because of the variety of landscapes and the growing emphasis on nature-based tourism. In 2023, 91.97 million people visited European campgrounds, RV parks, and trailer parks. The total number of nights spent in camping accommodations reached 407.33 million in 2023, an increase of 3.2% from 394.76 million in 2022. Eurocampers spent US$ 8.60 billion (€7.79 billion) in 2023. France topped with 148 million nights spent in 2023, for a total of US$ 2.46 billion (€2.33 billion), whereas Spain recorded 47.08 million nights, a rise of 5.7% from 2022 and 118.3% from 2020, and Germany had 42.27 million nights in campsites in 2023, a 5.2% increase over 2022. In 2023, visitor expenditure in the UK vacation park and campground sector totaled US$ 15.53 billion (£12.2 billion). Such growing outdoor activities in Europe are expected to raise the demand for portable integrated photovoltaics as they help provide an uninterrupted power supply anywhere.

Camping is growing increasingly popular in Germany. With the exception of the COVID-19 pandemic during 2020 and 2021, overnight camping stays have steadily increased during the last ten years. In 2023, more people spent the night at campgrounds in Germany than ever before. In 2023, the country's operators recorded approximately 42 million overnight stays. This represented 5.2% higher overnight stays than in 2022 and 18.2% more than in the pre-COVID year 2019. In 2023, the majority of campers visited the Baltic Sea in Schleswig-Holstein, accounting for slightly under 3.5 million overnight stays. The Black Forest came in second with 2.6 million overnight stays, followed by Lower Saxony's North Sea coast with 1.9 million and the Bavarian Allgäu with 1.8 million. Thus, the growing camping activities in Germany are fueling the growth of the portable integrated photovoltaic market size in Germany. Similarly, in other countries in Europe, there is increase in demand for PIPV products from growing recreational activities and increasing demand from emergency power back up applications.

Jackery Inc.; Bluetti Power; RICH SOLAR; Renogy International; ALLPOWER US; Duracell Inc.; BioLite; PowerFilm Solar, Inc; ACOPOWER; and EcoFlow EU are among the key players profiled in the portable integrated photovoltaic market report. Companies operating in the portable integrated photovoltaic market mainly focus on product and service enhancements by integrating advanced features and technologies into their offerings.

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