Solar Cooker Market Size & Insights

As per recent study by MarkNtel Advisors The Global Solar Cooker Market size was valued at around USD445.01 million in 2024 and is projected to reach USD706.96 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.02% during the forecast period, i.e., 2025-30. A solar cooker is a cooking device that absorbs UV rays through the refractive panels & then transforms them into infrared light rays, which are then used effectively for cooking. 

What are the Key DROs in the Solar Cooker Market?

Growing Inclination Towards Sustainable Products – Rising CO2 emissions across regions 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 and 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 in the upcoming years.

What are the Key Segments in the Solar Cooker Market?

The Solar Cooker is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

·       By Type

o   Solar Box Cooker

o   Solar Panel Cooker

o   Solar Parabolic Cooker

o   Others (Trough Cookers, and Evacuated Tube Cookers)

·       By End User

o   Residential

o   Commercial

·       By Distribution Channel

o   Online

o   Offline

§  Hypermarkets & Supermarkets

§  Retailers

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How does geographical analysis highlight in the Solar Cooker market?

·       By Region

o   North America

o   Latin America

o   Europe

o   The Middle East & Africa

o   South East Asia

Geographically, the Asia-Pacific held a dominant share in the Solar Cooker market historically, and with the rising focus of the government as well as the manufacturers to boost the adoption of greener products, the region is expected to witness significant demand in the upcoming years as well.

Who are the Key Players in Solar Cooker Market?

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

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Solar Cooker Market News

• 2024: EKI Energy Services, in collaboration with Indian Oil Corporation Limited (IOCL), received a grant from the Gates Foundation to deploy Surya Nutan solar cookers among underprivileged rural households in India, aiming to assess health improvements and socio-economic impact.

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