About Solar Benches
Solar bench is versatile outdoor bench which offers many unique features by utilizing solar energy without external electrical connection. It is also called as smart solar bench. It is one of the finest addition of smart city. It is smartly designed which enables charging, internet service and other unique features. It functions on solar energy which gets shared and available by 24/7. It is widely used in many public places, institutions, various parks and others.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market of solar benches is expected to grow with rising awareness regarding renewable energy uses. Several companies are operating in the market to provide different types of solar benches with their unique feature. The market is highly fragmented with the presence of several market players. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
EnGoPlanet Energy Solutions Inc. (United States), Seedia Sp. z o.o (Poland), Smartsolarbench.com (China), CityOS (United Kingdom), Renewableon (United Kingdom), TurkishExporter (Turkey), Shenzhen Nokin Traffic Facilities Co., Ltd. (China), Haptic.ro (Romania), InfraMarks (Holland), Didea International (China) and Strawberry energy LLC (Serbia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Solar Benches market by Type (Urban Smart Bench, Flexible Smart Bench and Digital Smart Bench), Application (Amusement Parks, Shopping Malls, Gardens, Institutional Campus, Train Stations and Others) and Region.
On the basis of geography, the market of Solar Benches has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Software will boost the Solar Benches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Online {e-commerce} will boost the Solar Benches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Metal will boost the Solar Benches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Digital Smart Bench
Market Growth Drivers:
Rising Awareness Regarding Use of Renewable Energy Sources and Growing Investments in Smart City Developments
Challenges:
Weather Dependability
Restraints:
High Cost of Manufacturing and Expensive Energy Storage
Opportunities:
Augmenting Technological Advancements has Created Growth Opportunities and Asia Pacific with Growing Investments for Renewable Energy Storage
In May 2020, weeHouse Architect and Plant Prefab has launch new product line of solar benches with unique features. This new product line includes outdoor solar benches, digital solar benches and others. With this new launch, company has expanded its product portfolio.
Key Target Audience
Solar Benches Manufacturers, Solar Benches Suppliers/Distributors, Components Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.