Market Overview:
The global solar freezer market reached a value of US$8.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$12.67 Billion by 2027, exhibiting at a CAGR of 6.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A solar freezer is a refrigeration unit integrated with photovoltaic or solar panels for energy. It is used for storing and freezing meat and dairy products and preserving them in hot climates. Solar freezers are commonly available in solar battery-based and solar-direct variants. They consist of solar arrays, panel support structures, batteries and highly insulated freezing containers. The freezers are also used for storing temperature-sensitive vaccines, drugs and other pharmaceutical products to prevent spoilage and contamination. In comparison to the traditionally used refrigeration systems, solar freezers are environment-friendly, have longer operational life and can run on direct current (DC) power. As a result, they find extensive applications across various industries, including healthcare, pharmaceutical and food and beverage.
Solar Freezer Market Trends:
The increasing demand for effective refrigeration systems that run on renewable energy resources is one of the key factors driving the growth of the market. With the rising environmental consciousness, consumers are widely adopting solar freezers to minimize the dependence on chlorofluorocarbon (CFC) and other ozone-depleting agent-based refrigeration systems. Moreover, solar freezers also have minimal energy requirements as compared to the traditionally used refrigerators and freezers, thereby providing a thrust to the market growth. In addition to this, significant growth in the pharmaceutical industry is also creating a positive outlook for the market. As the coronavirus disease (COVID-19) continues to spread across the globe, there has been a substantial increase in the demand for solar freezers across healthcare centers for storing vaccines, blood bags and other medications. In line with this, the widespread adoption of portable solar freezers in recreational vehicles (RVs) is also contributing to the market growth. Other factors, including the increasing expenditure capacities of the consumers, along with the widespread product adoption by military forces in off-grid locations, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global solar freezer market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, capacity and end use.
Breakup by Type:
- Solar-Battery Based
- Solar-Direct Drive
Breakup by Capacity:
- Less Than 250 Ltrs
- 250-500 Ltrs
- More Than 500 Ltrs
Breakup by End Use:
- Medical
- Hospitals
- Pharmacies and Vaccines
- Blood Banks
- Others
- Household
- Infrastructure
- Commercial
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being B Medical Systems, Connexa, Dulas Ltd, KATEK Memmingen GmbH, Kyocera Corporation, Rockwell Industries Limited, Sholep Energy Ltd, Sundanzer, The Sure Chill Company Limited, Unique Appliances Ltd and Vestfrost Solutions.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Capacity, End Use, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
B Medical Systems, Connexa, Dulas Ltd, KATEK Memmingen GmbH, Kyocera Corporation, Rockwell Industries Limited, Sholep Energy Ltd, Sundanzer, The Sure Chill Company Limited, Unique Appliances Ltd and Vestfrost Solutions. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global solar freezer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global solar freezer market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the capacity?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global solar freezer market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Solar Freezer Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Solar-Battery Based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Solar-Direct Drive
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Capacity
7.1 Less Than 250 Ltrs
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 250-500 Ltrs
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 More Than 500 Ltrs
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use
8.1 Medical
8.1.1 Market Trends
8.1.2 Key Segments
8.1.2.1 Hospitals
8.1.2.2 Pharmacies and Vaccines
8.1.2.3 Blood Banks
8.1.2.4 Others
8.1.3 Market Forecast
8.2 Household
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Infrastructure
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Commercial
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 B Medical Systems
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Connexa
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Dulas Ltd
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 KATEK Memmingen GmbH
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Kyocera Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Rockwell Industries Limited
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Sholep Energy Ltd
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Sundanzer
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 The Sure Chill Company Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Unique Appliances Ltd
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Vestfrost Solutions
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Solar Freezer Market: Major Drivers and Challenges
Figure 2: Global: Solar Freezer Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Solar Freezer Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Solar Freezer Market: Breakup by Type (in %), 2021
Figure 5: Global: Solar Freezer Market: Breakup by Capacity (in %), 2021
Figure 6: Global: Solar Freezer Market: Breakup by End Use (in %), 2021
Figure 7: Global: Solar Freezer Market: Breakup by Region (in %), 2021
Figure 8: Global: Solar Freezer (Solar-Battery Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Solar Freezer (Solar-Battery Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Solar Freezer (Solar-Direct Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Solar Freezer (Solar-Direct Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Solar Freezer (Less Than 250 Ltrs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Solar Freezer (Less Than 250 Ltrs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Solar Freezer (250-500 Ltrs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Solar Freezer (250-500 Ltrs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Solar Freezer (More than 500 Ltrs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Solar Freezer (More than 500 Ltrs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Solar Freezer (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Solar Freezer (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Solar Freezer (Household) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Solar Freezer (Household) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Solar Freezer (Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Solar Freezer (Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Solar Freezer (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Solar Freezer (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Solar Freezer (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Solar Freezer (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Solar Freezer Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Solar Freezer Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Solar Freezer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Solar Freezer Industry: SWOT Analysis
Figure 78: Global: Solar Freezer Industry: Value Chain Analysis
Figure 79: Global: Solar Freezer Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Solar Freezer Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Solar Freezer Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Solar Freezer Market Forecast: Breakup by Capacity (in Million US$), 2022-2027
Table 4: Global: Solar Freezer Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Solar Freezer Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Solar Freezer Market: Competitive Structure
Table 7: Global: Solar Freezer Market: Key Players