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Global Solar Bench Market to reach USD 488.6 million by the end of 2029.

Global Solar Bench Market Size study & Forecast, by Type (With Digital Display, Without Digital Display), By Design (With Backrest, Without Backrest), By Material (Steel, Wood, Others), By Output Power (Up to 80Wp, 80Wp - 100Wp, 101Wp – 140Wp, Above 140Wp), By No. of USB Slots (0 - 2, 2 – 4, Above 4), By Application (Train/Bus Stations, Public Parks, Shopping Malls, Airports, Others), By Distribution Channel (Direct, Indirect) and Regional Analysis, 2022-2029

Product Code: ECE-89762223
Publish Date: 1-04-2023
Page: 200

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 Mirosław Zarotyński
mmcité uk
The Solar Range
Include Ltd.
InfraMarks BV
iSun, Inc.
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:
0 – 2
2 – 4
Above 4

By Application:
Train/Bus Stations
Public Parks
Shopping Malls

By Distribution Channel:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

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 Growing infrastructural developments in cities Increasing demand for renewable sources of energy Rapidly developing smart cities
3.1.2. Market Challenges Limited usage due to weather conditions
3.1.3. Market Opportunities Incorporation of renewable energy into public spaces by governments 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 Type breakdown estimates & forecasts, 2019-2029 Design breakdown estimates & forecasts, 2019-2029 Material breakdown estimates & forecasts, 2019-2029 Output Power breakdown estimates & forecasts, 2019-2029 No. of USB Slots breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 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. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
14.2.2. Zano Mirosław Zarotyński
14.2.3. mmcité uk
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

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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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