A
solar cooker is a type of device that works on the energy contained
within sunlight for cooking, heating, and pasteurizing drinks and
food. After the solar energy has been trapped, it is converted into
heat energy for the purpose of cooking and heating. Solar energy is
considered to be a very practicable source for energy generation.
Within the global renewable energy industry, global solar cookers
market are highly in demand for energy creation.
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Solar
cookers have been extremely popular in semi-urban and rural areas in
developing and underdeveloped countries having wood as the major
source of fuel. Therefore, there is a good growth potential for the
solar cooker market within regions having a huge rural population
base owing to solar cookers being an economical option for the rural
population heavily dependent on wood or cattle waste for cooking
purposes.
Rising
Prices of Natural Gas and LPG to Propel Solar Cooker Market
There
are a number of factors augmenting the demand for solar cookers. Due
to the rising prices of natural fuel gases such as LPG, there is a
continuous demand for substitute fuels in domestic applications,
especially in developing countries currently using LPG as their key
source of fuel. This factor will fuel the market for solar cookers in
the coming years. In addition, the rising consumer awareness on the
utilization of renewable energy and the use of such energy in
day-to-day applications is also boosting the market for solar
cookers.
Reduction
in Fossil Fuel Consumption via Solar Cookers Boosts Global Market
On
the basis of construction technique, the solar cooker market is
segmented into solar panel cookers, solar parabolic cookers, and
solar box cookers. Amongst these, solar box cookers are the most
common type of cookers currently available in the market and are
extremely strong and can function with no or little supervision. On
the other hand, parabolic cookers are able to generate and withstand
much higher temperatures as compared to panel or box type cookers.
Such solar cookers have the capability of pasteurizing. The other
advantages of solar cookers include their easy portability, compact
size, low maintenance, and economical prices. Solar cookers also
substantially reduce fossil fuel consumption and thus go a long way
to ensuring energy security. These advantages of solar cookers will
further have a positive effect on the market for solar cookers in the
coming years.
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Latin
America and Asia Pacific the Most Lucrative Markets for Solar Cookers
On
the basis of geography, the solar cooker market is segmented into
North America, Europe, Asia Pacific, and Rest of the World (RoW).
Amongst these, solar cookers are being highly demanded in the
emerging economies of Latin America and Asia Pacific and these two
regions have emerged as the most promising markets for solar cookers
in the forthcoming years. On the other hand, North America and Europe
are stagnant markets and thus will exhibit a sluggish rate of growth
in the coming years.The key players operating in the market include
Sunrise Global Solar Energy, Sun Fire, Sun Oven, and Solar Cookers
International, among others.
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