SOLAR BENCH MARKET ANALYSIS

Market Challenges And Opportunities

Due to the limitation of fossil fuels, there is rising demand for solar-powered products. Solar energy is used for various applications such as solar panels for lights, solar water heaters, solar benches, and others. Solar benches are some of the novel products introduced in the solar industry. In a solar bench, solar panel receives direct sunlight which is then converted to a direct current (DC) using photovoltaic cells. The direct current (DC) goes to the battery through the battery controller which stops the battery from overflowing. For alternating current (AC), the battery provides DC supply to the alternator which converts DC into AC.  A solar bench offers additional features such as mobile charging (both wired and wireless), USB ports, and internet connectivity 4G and Wi-Fi and ambient light. These features run on solar energy.

Due to depletion of fossil fuels, a wide gap in the supply and demand of energy is expected to form in the near future. The overconsumption of fossil fuels is one of the major reasons for global warming which is why governments across the globe are focussing on clean energy sources such as solar energy. For instance, India’s Ministry New and Renewable Energy is planning to install 100000 MW solar power in the country by 2020 to reduce India’s dependency on fossil fuels.