Market Overview:
The global smart solar bench market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using smart solar benches. The global smart solar bench market can be segmented on the basis of type into remotely managed and non-remotely managed. The remotely managed segment is expected to grow at a higher CAGR than the non-remotely managed segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as increased efficiency and reduced costs associated with remote management systems. On the basis of application,the global smart solar bench market can be divided into parks, city squares, business parks, shopping malls, college campuses and others (including hospitals, airports etc.).
Product Definition:
A Smart Solar Benche is a bench that has been designed to harvest solar energy. The bench is fitted with a solar panel that converts sunlight into electrical energy. The electrical energy can be used to power devices or lights, or it can be stored in a battery for later use.
Can Be Remotely Managed:
Can Be Remotely Managed (CBM) is a technology that helps in monitoring and controlling solar energy-based power plants from a distance. It also helps in reducing the cost of maintenance, improves efficiency & productivity, and enhances safety & security. The technology has gained significant traction over the past few years owing to several benefits such as reduced carbon footprint along with lower labor costs involved in monitoring solar farms.
No Remote Management:
No remote management is a technology that restricts the central utility company from accessing and controlling the energy generation and distribution system of a solar power plant. It helps in protecting the critical data related to plant operations, financials, maintenance schedules, etc., which cannot be accessed when there is no physical access to server.
Application Insights:
The parks, city square, business park, shopping mall and college campus application segments accounted for a market share of more than 40% in 2017. The increasing number of public parks across the globe has created a huge potential for solar power generation. Government initiatives to increase the green spaces in cities is expected to boost the demand over the forecast period.
The others segment includes industrial buildings, government offices and hospitals that require large energy bills on account of heavy usage of equipment such as HVAC (heating ventilation air conditioning), data centers and IT networks. Deploying smart solar cheque system at these places will help them reduce their electricity bills by 20%. Such initiatives are expected to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing number of installations of solar panels for grid-scale applications. Countries, such as China and Japan, have been at the forefront of promoting renewable energy sources in order to reduce carbon footprint associated with conventional power generation methods. This is likely to spur regional growth over the next eight years.
North America accounted for a significant share owing to early adoption by some states/provinces such as California (U.S.).
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of the benefits of solar power. This is driving the growth of the smart solar bench market.
- Declining prices of solar panels: The prices of solar panels are declining rapidly, making it more affordable to install a solar system. This is boosting the growth of the smart Solar Benche market.
- Government initiatives and subsidies: Governments around the world are promoting renewable energy sources, such as solar power, through incentives and subsidies. This is aiding in the growth of th Smart Solar Benche market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Solar Benche Market Research Report
By Type
Can Be Remotely Managed, No Remote Management
By Application
Parks, City Square, Business Parks, Shopping Mall, College Campus, Others
By Companies
EnGoPlanet, The Solar Range, SEEDiA, Include Ltd, InfraMarks, Strawberry Energy, Velopa, Lightinus, iSun Energy, Synergy, Zano, Nola Industrier
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Smart Solar Benche Market Report Segments:
The global Smart Solar Benche market is segmented on the basis of:
Types
Can Be Remotely Managed, No Remote Management
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Parks, City Square, Business Parks, Shopping Mall, College Campus, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EnGoPlanet
- The Solar Range
- SEEDiA
- Include Ltd
- InfraMarks
- Strawberry Energy
- Velopa
- Lightinus
- iSun Energy
- Synergy
- Zano
- Nola Industrier
Highlights of The Smart Solar Benche Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Can Be Remotely Managed
- No Remote Management
- By Application:
- Parks
- City Square
- Business Parks
- Shopping Mall
- College Campus
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Solar Benche Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Smart Solar Benche is a solar panel system that uses sensors to monitor the sun's energy and adjust its output accordingly. This allows you to save money on your energy bills by using less power when the sun is shining and more power when it isn't.
Some of the key players operating in the smart solar benche market are EnGoPlanet, The Solar Range, SEEDiA, Include Ltd, InfraMarks, Strawberry Energy, Velopa, Lightinus, iSun Energy, Synergy, Zano, Nola Industrier.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Solar Benche Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Solar Benche Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Solar Benche Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Solar Benche Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Solar Benche Market Size & Forecast, 2020-2028
4.5.1 Smart Solar Benche Market Size and Y-o-Y Growth
4.5.2 Smart Solar Benche Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Can Be Remotely Managed
5.2.2 No Remote Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Parks
6.2.2 City Square
6.2.3 Business Parks
6.2.4 Shopping Mall
6.2.5 College Campus
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Solar Benche Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Solar Benche Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Can Be Remotely Managed
9.6.2 No Remote Management
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Parks
9.10.2 City Square
9.10.3 Business Parks
9.10.4 Shopping Mall
9.10.5 College Campus
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Can Be Remotely Managed
10.6.2 No Remote Management
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Parks
10.10.2 City Square
10.10.3 Business Parks
10.10.4 Shopping Mall
10.10.5 College Campus
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Can Be Remotely Managed
11.6.2 No Remote Management
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Parks
11.10.2 City Square
11.10.3 Business Parks
11.10.4 Shopping Mall
11.10.5 College Campus
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Can Be Remotely Managed
12.6.2 No Remote Management
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Parks
12.10.2 City Square
12.10.3 Business Parks
12.10.4 Shopping Mall
12.10.5 College Campus
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Can Be Remotely Managed
13.6.2 No Remote Management
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Parks
13.10.2 City Square
13.10.3 Business Parks
13.10.4 Shopping Mall
13.10.5 College Campus
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Solar Benche Market: Competitive Dashboard
14.2 Global Smart Solar Benche Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EnGoPlanet
14.3.2 The Solar Range
14.3.3 SEEDiA
14.3.4 Include Ltd
14.3.5 InfraMarks
14.3.6 Strawberry Energy
14.3.7 Velopa
14.3.8 Lightinus
14.3.9 iSun Energy
14.3.10 Synergy
14.3.11 Zano
14.3.12 Nola Industrier
