PUBLISHER: The Business Research Company | PRODUCT CODE: 1717314
PUBLISHER: The Business Research Company | PRODUCT CODE: 1717314
A solar freezer is a refrigeration appliance that operates using solar energy, typically harnessed through photovoltaic (PV) panels that convert sunlight into electricity. These freezers are designed for off-grid or remote locations where traditional power sources are limited or unavailable. Their energy efficiency and storage capabilities make them suitable for eco-friendly applications and disaster preparedness.
The main types of solar freezers are solar-battery based and solar-direct drive. Solar-battery based freezers use solar energy combined with battery storage systems to power the unit. Capacities for these freezers are categorized as less than 250 liters, 250 to 500 liters, and more than 500 liters. They are used in various applications, including medical, household, infrastructure, commercial, and other areas.
The solar freezer market research report is one of a series of new reports from The Business Research Company that provides solar freezer market statistics, including solar freezer industry global market size, regional shares, competitors with a solar freezer market share, detailed solar freezer market segments, market trends, and opportunities, and any further data you may need to thrive in the solar freezer industry. This solar freezer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The solar freezer market size has grown strongly in recent years. It will grow from $11 billion in 2024 to $11.96 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to the rapid increase in the demand for vaccines due to the COVID-19 pandemic, the increase in demand for refrigerators, demand for various medical products and blood, government initiatives aiming to use renewable energy, use of solar freezers and development support programs.
The solar freezer market size is expected to see strong growth in the next few years. It will grow to $16.52 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to the growing shift towards renewable energy sources, the need for clean energy technologies, demand for solar-powered appliances like refrigerators, government actions and incentives encouraging renewable energy, the growing global emphasis on lowering carbon footprints, demand for solar battery-powered freezers. Major trends in the forecast period include advancements in solar panel efficiency, new battery technology, design innovations, technological advancements, and cost reductions in solar energy.
The increasing shift towards renewable energy sources is expected to boost the growth of the solar freezer market. Renewable energy sources, such as solar, wind, hydropower, geothermal, and biomass, are naturally replenishing and do not deplete over time. The rising demand for these sources is driven by their ability to provide sustainable, clean energy that reduces carbon emissions, combats climate change, and lessens dependence on finite fossil fuels. The use of solar energy, in particular, supports the growth of solar freezers by offering an eco-friendly, energy-efficient option that helps reduce greenhouse gas emissions and operational costs, especially in off-grid or underserved regions. For example, the International Energy Agency (IEA), a France-based intergovernmental organization, reported in 2022 that renewable energy supply from sources such as solar, wind, hydro, geothermal, and ocean increased by about 8% from 2021. This trend is propelling the growth of the solar freezer market.
Leading companies in the solar freezer market are focusing on developing solar-powered off-grid refrigerators, which provide dependable refrigeration solutions independent of the national power grid. These appliances use solar energy to keep perishables cool, reducing reliance on fossil fuels and cutting carbon emissions. They are especially valuable in remote areas with unreliable or no access to traditional power sources. For instance, in March 2024, Defy Appliances, a South Africa-based manufacturer, introduced a new line of solar-powered off-grid refrigerators and freezers. These units, equipped with both battery and solar capabilities, can switch seamlessly between solar power during the day and battery power at night, ensuring continuous operation crucial for food preservation and waste reduction.
In October 2022, Azenta, Inc., a biotechnology firm based in the United States, acquired B Medical Systems for an undisclosed amount. This acquisition reinforces Azenta's dedication to advancing life sciences solutions and strategically positions the company within the growing market for temperature-sensitive healthcare products. By incorporating B Medical's sophisticated cold chain solutions, Azenta enhances its current capabilities in sample management and broadens its market reach in North America and Europe. B Medical Systems, located in Luxembourg, is a manufacturer of medical equipment that specializes in cold chain solutions for the healthcare industry, with an emphasis on the safe storage and transportation of temperature-sensitive medical products.
Major companies operating in the solar freezer market are Dometic Group AB, SunPower Corporation, B Medical Systems S.a r.l., Coolerado Corporation, DULAS Limited, Koolatron Corporation, EcoSolarCool, Thermoelectric, MobiCool, ECO-Worthy, Solar Energy Solutions, GreenTech, ICE Make Refrigeration Ltd., Solar Direct LLC, BLUETTI, SunDanzer, Exalta India, Sundanzer Solar, Connexa Energy Inc., SolarChill, GELID Solutions Ltd., SolCool, Koolertron, Alaska Freezer, Sunfreezer, AquaSolar, SunFrost
Asia-Pacific was the largest region in the solar freezer market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the solar freezer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the solar freezer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The solar freezer market consists of sales of solar charge controllers, inverters, battery banks, specialized direct current compressors, cooling coils, and evaporators. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Solar Freezer Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on solar freezer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for solar freezer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The solar freezer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.