Report on Solar Cooker Market - Industry Outlook, Global Trends and Forecast, 2014 – 2020

Growing awareness towards the use of renewable energy and emerging applications of such energy for day to day applications is bolstering the growth of the solar cooker market. Solar energy not only has been proven as a viable form of energy generation, but high levels of development in the solar PV market have increased the overall application segments of solar energy. There are several advantages of using these solar cookers. Solar cookers are capable of carrying out pasteurization processes and are extremely effective in retaining the nutrient content of food. High levels of portability are another major advantage of such solar cookers. The compact size of these cookers makes them capable of being sold in the retail market without giving rise to logistical bottlenecks.

Browse Full Report with TOC: http://www.transparencymarketresearch.com/solar-cooker-market.html

Costs are a major impeding factor in any renewable form of energy. However since solar cookers are available at attractive prices, the market growth is not hampered owing to higher costs. Solar cookers also have extremely low maintenance expenditure making them attractive investments for households.

The manufacturing of such solar cookers requires very little expenditure making it a profitable business. With the rising prices of LPG and natural gas around the world, there is a constant demand for alternative fuels for domestic purposes. In emerging countries LPG is a major source of fuel for cooking purposes and hence these economies are the most attractive markets for such solar cookers. Not only will the use of such cookers significantly reduce the consumption of fossil fuels, they will also go a long way in ensuring energy security.

These solar cookers provide very short and attractive pay back periods generated mainly from the savings in purchasing cooking fuel. Countries in the Asia-Pacific and Latin America which have large rural populations are also prospective markets for these...