Global Solar Bench Market is valued at approximately USD 254.4 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2022-2029. The solar bench market is a growing sector of the outdoor furniture industry that is designed to provide seating while also generating clean energy through solar panels. Solar benches are becoming increasingly popular in public spaces such as parks, shopping centres, and university campuses, where they provide a convenient and sustainable way for people to relax and recharge their electronic devices. The market demand is primarily driven by the factors such as the growing infrastructural developments in cities and urban areas, increasing demand for renewable sources of energy due to growing environmental concerns about the usage of fossil fuels and rapidly developing smart cities around the world.
In addition, the increasing implementation of sustainable energy by governments and the rapidly surging revenue of smart city technologies are acting as major driving factors for market growth. According to the Press Information Bureau, India has met its NDC target of 157.32 GW of non-fossil-based installed energy capacity, accounting for 40.1% of total installed electrical capacity and the Indian 'Non-Conventional Energy sector received Foreign Direct Investment of USD 797.21 million during 2020-21. Similarly, according to Statista, in 2023, worldwide revenue for smart city technology, goods, and services is expected to reach USD 173.28 billion compared to USD 148.88 billion in 2022. Hence, the increasing initiatives by governments to develop the eco-friendly and sustainable environment and the growing revenue of smart city technologies are expected to escalate the demand for solar benches in the global market. Furthermore, the increasing incorporation of renewable energy into public spaces by governments and communities and raising awareness about solar energy and its uses are presenting lucrative opportunities for market growth over the forthcoming years. However, limited usage of solar benches due to weather conditions is restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Solar Bench Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue due to increasing number of smart city initiatives in the region. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period due to the availability of a larger landscape area. Factors such as rising investments towards the development of sustainable infrastructure, increasing focus on renewable sources of energy such as solar energy, growing efforts to reduce carbon emissions and increasing initiatives by communities to develop eco-friendly public spaces are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
- Seedia Sp. z o.o.
- Zano Miroslaw Zarotynski
- mmcite uk
- ENGOPLANET ENERGY SOLUTIONS LLC
- The Solar Range
- VelopA
- Include Ltd.
- InfraMarks BV
- iSun, Inc.
- Archasol
Recent Developments in the Market:
- In September 2021, Archasol, a nationwide provider of solar-powered devices such as phone charging stations, bench seating, workstations, exterior sign illumination, and route lighting, announced the launch of a new solar smart bench Steora 'Cyclo, designed to improve micro-mobility in urban streetscapes. The Steora 'Cyclo' smart bench includes two bike racks, an air compressor, an AC outlet for laptop charging, a repair tool kit and DC charging outlets for e-scooters and e-bikes.
- In November 2020, iSun, Inc., a clean energy technologies company that develops EV charging solutions, custom solar arrays and so on, announced the launch of its new iSun Oasis Smart Solar Bench. The iSun Oasis is a solar-powered, LTE-connected, weather-resistant and Wi-Fi-equipped bench. It is produced using unbreakable polycarbonate and has stainless steel USB port covers that are secured by anchor bolts. The bench also displays air quality, carbon, local weather conditions and other metrics to visitors.
Global Solar Bench Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Design, Material, Output Power, No. of USB Slots, Application, Distribution Channel, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- With Digital Display
- Without Digital Display
By Design:
- With Backrest
- Without Backrest
By Material:
By Output Power:
- Up to 80Wp
- 80Wp - 100Wp
- 101Wp - 140Wp
- Above 140Wp
By No. of USB Slots:
By Application:
- Train/Bus Stations
- Public Parks
- Shopping Malls
- Airports
- Others
By Distribution Channel:
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- ROLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Solar Bench Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Solar Bench Market, by Type, 2019-2029 (USD Million)
- 1.2.3. Solar Bench Market, by Design, 2019-2029 (USD Million)
- 1.2.4. Solar Bench Market, by Material, 2019-2029 (USD Million)
- 1.2.5. Solar Bench Market, by Output Power, 2019-2029 (USD Million)
- 1.2.6. Solar Bench Market, by No. of USB Slots, 2019-2029 (USD Million)
- 1.2.7. Solar Bench Market, by Application, 2019-2029 (USD Million)
- 1.2.8. Solar Bench Market, by Distribution Channel, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Solar Bench Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Solar Bench Market Dynamics
- 3.1. Solar Bench Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing infrastructural developments in cities
- 3.1.1.2. Increasing demand for renewable sources of energy
- 3.1.1.3. Rapidly developing smart cities
- 3.1.2. Market Challenges
- 3.1.2.1. Limited usage due to weather conditions
- 3.1.3. Market Opportunities
- 3.1.3.1. Incorporation of renewable energy into public spaces by governments
- 3.1.3.2. Rising awareness about solar energy and its uses
Chapter 4. Global Solar Bench Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Solar Bench Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Solar Bench Market by Type, Performance - Potential Analysis
- 6.3. Global Solar Bench Market Estimates & Forecasts by Type 2019-2029 (USD Million)
- 6.4. Solar Bench Market, Sub Segment Analysis
- 6.4.1. With Digital Display
- 6.4.2. Without Digital Display
Chapter 7. Global Solar Bench Market, by Design
- 7.1. Market Snapshot
- 7.2. Global Solar Bench Market by Design, Performance - Potential Analysis
- 7.3. Global Solar Bench Market Estimates & Forecasts by Design 2019-2029 (USD Million)
- 7.4. Solar Bench Market, Sub Segment Analysis
- 7.4.1. With Backrest
- 7.4.2. Without Backrest
Chapter 8. Global Solar Bench Market, by Material
- 8.1. Market Snapshot
- 8.2. Global Solar Bench Market by Material, Performance - Potential Analysis
- 8.3. Global Solar Bench Market Estimates & Forecasts by Material 2019-2029 (USD Million)
- 8.4. Solar Bench Market, Sub Segment Analysis
- 8.4.1. Steel
- 8.4.2. Wood
- 8.4.3. Others
Chapter 9. Global Solar Bench Market, by Output Power
- 9.1. Market Snapshot
- 9.2. Global Solar Bench Market by Output Power, Performance - Potential Analysis
- 9.3. Global Solar Bench Market Estimates & Forecasts by Output Power 2019-2029 (USD Million)
- 9.4. Solar Bench Market, Sub Segment Analysis
- 9.4.1. Up to 80Wp
- 9.4.2. 80Wp - 100Wp
- 9.4.3. 101Wp - 140Wp
- 9.4.4. Above 140Wp
Chapter 10. Global Solar Bench Market, by No. of USB Slots
- 10.1. Market Snapshot
- 10.2. Global Solar Bench Market by No. of USB Slots, Performance - Potential Analysis
- 10.3. Global Solar Bench Market Estimates & Forecasts by No. of USB Slots 2019-2029 (USD Million)
- 10.4. Solar Bench Market, Sub Segment Analysis
- 10.4.1. 0 - 2
- 10.4.2. 2 - 4
- 10.4.3. Above 4
Chapter 11. Global Solar Bench Market, by Application
- 11.1. Market Snapshot
- 11.2. Global Solar Bench Market by Application, Performance - Potential Analysis
- 11.3. Global Solar Bench Market Estimates & Forecasts by Application 2019-2029 (USD Million)
- 11.4. Solar Bench Market, Sub Segment Analysis
- 11.4.1. Train/Bus Stations
- 11.4.2. Public Parks
- 11.4.3. Shopping Malls
- 11.4.4. Airports
- 11.4.5. Others
Chapter 12. Global Solar Bench Market, by Distribution Channel
- 12.1. Market Snapshot
- 12.2. Global Solar Bench Market by Distribution Channel, Performance - Potential Analysis
- 12.3. Global Solar Bench Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Million)
- 12.4. Solar Bench Market, Sub Segment Analysis
- 12.4.1. Direct
- 12.4.2. Indirect
Chapter 13. Global Solar Bench Market, Regional Analysis
- 13.1. Solar Bench Market, Regional Market Snapshot
- 13.2. North America Solar Bench Market
- 13.2.1. U.S. Solar Bench Market
- 13.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 13.2.1.2. Design breakdown estimates & forecasts, 2019-2029
- 13.2.1.3. Material breakdown estimates & forecasts, 2019-2029
- 13.2.1.4. Output Power breakdown estimates & forecasts, 2019-2029
- 13.2.1.5. No. of USB Slots breakdown estimates & forecasts, 2019-2029
- 13.2.1.6. Application breakdown estimates & forecasts, 2019-2029
- 13.2.1.7. Distribution Channel breakdown estimates & forecasts, 2019-2029
- 13.2.2. Canada Solar Bench Market
- 13.3. Europe Solar Bench Market Snapshot
- 13.3.1. U.K. Solar Bench Market
- 13.3.2. Germany Solar Bench Market
- 13.3.3. France Solar Bench Market
- 13.3.4. Spain Solar Bench Market
- 13.3.5. Italy Solar Bench Market
- 13.3.6. Rest of Europe Solar Bench Market
- 13.4. Asia-Pacific Solar Bench Market Snapshot
- 13.4.1. China Solar Bench Market
- 13.4.2. India Solar Bench Market
- 13.4.3. Japan Solar Bench Market
- 13.4.4. Australia Solar Bench Market
- 13.4.5. South Korea Solar Bench Market
- 13.4.6. Rest of Asia Pacific Solar Bench Market
- 13.5. Latin America Solar Bench Market Snapshot
- 13.5.1. Brazil Solar Bench Market
- 13.5.2. Mexico Solar Bench Market
- 13.5.3. Rest of Latin America Solar Bench Market
- 13.6. Rest of The World Solar Bench Market
Chapter 14. Competitive Intelligence
- 14.1. Top Market Strategies
- 14.2. Company Profiles
- 14.2.1. Seedia Sp. z o.o.
- 14.2.1.1. Key Information
- 14.2.1.2. Overview
- 14.2.1.3. Financial (Subject to Data Availability)
- 14.2.1.4. Product Summary
- 14.2.1.5. Recent Developments
- 14.2.2. Zano Miroslaw Zarotynski
- 14.2.3. mmcite uk
- 14.2.4. ENGOPLANET ENERGY SOLUTIONS LLC
- 14.2.5. The Solar Range
- 14.2.6. VelopA
- 14.2.7. Include Ltd.
- 14.2.8. InfraMarks BV
- 14.2.9. iSun, Inc.
- 14.2.10. Archasol
Chapter 15. Research Process
- 15.1. Research Process
- 15.1.1. Data Mining
- 15.1.2. Analysis
- 15.1.3. Market Estimation
- 15.1.4. Validation
- 15.1.5. Publishing
- 15.2. Research Attributes
- 15.3. Research Assumption