LONDON--(BUSINESS WIRE)--Third paragraph, second sentence of release dated March 7, 2017, should read: SolPad Mobile, which was showcased at the recent Consumer Electronics Show in Las Vegas, Nevada, was designed specifically to power consumer electronics both at home and off the grid (instead of: The grid, which was showcased at the recent Consumer Electronics Show in Las Vegas, Nevada, was designed specifically to power consumer electronics both at home and off the grid.)
The corrected release reads:
INFINITI RESEARCH: SOLAR ENERGY RISING IN POPULARITY AND POWER FOR CONSUMER ELECTRONICS
An uptick in demand for clean, renewable energy and increasing concerns about the impact of customer electronics on the environment is leading to innovations and growth in the way that these electronics are powered. More consumers are turning to solar energy to meet their energy needs. According to Infiniti Research, the global market for solar batteries will experience positive growth over the next few years, growing at a CAGR of more than 16% until 2020, and the global smart solar market will grow at a CAGR of 15% until 2020.
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Solar energy solutions are revolutionizing the consumer electronics industry and decreasing its negative impact on the environment and sustainability. Solar batteries reduce waste and save customers money, as they are reusable; they also have an increased lifespan, are less likely to overheat or leak, and are easier and safer to dispose of. Solar grids are also bringing convenience and innovation to this industry. Lightweight, portable solar grids can be used to power chargers for cell phones and other electronic devices, allowing consumers to charge their devices on-the-go. These grid chargers are ideal for camping and traveling, as well as everyday use, and help to combat greenhouse gas emissions.
The SolPad Mobile smart grid is one of the best examples of how revolutionary and environmentally-friendly, clean energy can fuel our everyday devices. SolPad Mobile, which was showcased at the recent Consumer Electronics Show in Las Vegas, Nevada, was designed specifically to power consumer electronics both at home and off the grid. The SolPad Mobile weighs approximately 25 pounds—much lighter than typical solar grids—and can be used both as a singular electricity source and as part of a solar micro-grid chain. Its battery can be charged via its solar panel in about ten hours, or via grid power in about five hours. The SolPad mobile, once charged, can then be used to power cell phones, laptops, and other small electronics, as well as larger consumer electronics like televisions, stereos, and even microwaves and refrigerators.
The market for solar energy solutions for consumer electronics is young, and is continuously growing and evolving. Because of this, market intelligence is essential for vendors to identify and capitalize on untapped areas for growth and innovation. Infiniti Research can help you to stay up to date with industry news and developments, identify your key competitors, and find strategies and software that will best ensure your business’s long-term success. Backed by research centers in multiple emerging markets, Infiniti Research uses information from around the globe to track technological trends and identify key and niche corporations in the field of renewable and clean energy, letting you know the best area to invest.
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About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 13 years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.