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A solar cooker is a device that absorbs the UV rays and then transforms these UV rays into infrared light rays to cook and heat food. Solar cookers required adequate cooking temperatures which help to preserve the nutrients. Solar cookers are also used to boil untreated water and pasteurization. The solar cooker market is rapidly growing across the globe, as it does not require gas or kerosene, electricity, coal, or wood. It also provides vitamin thiamine and vitamin and most important it is pollution-free. Several governments and nonprofit organizations are promoting the use of solar cookers to help reduce fuel costs and air pollution and to slow down the deforestation and desertification caused by gathering firewood for cooking.
Based on type, the global solar cooker market is classified into solar box cooker, solar panel cooker, and solar parabolic cooker. The solar box cooker segment accounted for the major share of the market. Solar box cookers consist of an insulated box, metallic cooking pots, double glass lid, and a reflecting mirror. The box-type solar cooker takes almost 2 hours to cook vegetables, rice, dals, cake, etc. However, the solar panel cooker consists of a pot or pan with a plastic/glass enclosure. The parabolic solar cookers are capable of sustaining much higher cooking temperatures than other types of the cooker.
The key driver of the market is the growing awareness for the use of renewable energy along with escalating prices of nonrenewable energy. Several Governments across the globe are funding the use of the solar cooker. For Instance, in 2016, the Indian government decided to distribute devices like solar cookers and 'unnat chulhas' in rural and tribal areas as part of its efforts to provide clean cooking and lighting benefits to local people. Furthermore, the development of new products and the introduction of cost-efficient technologies using solar energy compared to conventional energy sources will be expected to drive the global solar cooker market during the forecast period.
The only factor that affects the growth of the market is the high cost of solar cookers and it also requires adequate sunshine and takes a longer time to cook.
Key Market Driver -
Growing awareness for the use of renewable energy
Key Market Restraint -
High Cost of Solar Cooker Poses Threat to Market Growth
Some of the major companies in the solar cooker market include Solar Cookers International, Sunrise Global Solar Energy, Sun Fire Rudra Solar Energy, and Sun Oven.
The global solar cooker market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is the fastest-growing solar cooker market and it is anticipated that it will maintain its dominance during the forecast period, owing to the rising awareness regarding renewable energy coupled with accomplishment from the government for the use of solar energy. To meet the rising demands for petroleum products such as the use of LPG for cooking food from the escalating population, the solar cooker is used on large scale. The solar cooker market is growing mostly in countries having large rural populations. The developing countries of Latin America such as Brazil, Mexico, and Argentina are the most potential markets for solar cookers. In the Middle East & Africa, the increase in the awareness for renewable energy and sustainable growth in countries like UAE & Saudi Arabia is creating opportunities for the growth of the market.
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