SOLAR BENCH MARKET ANALYSIS

Solar Bench MarketSize and Trends

Factors Driving Growth of the Global Solar Bench Market:

Increasing number smart cities projects across the globe are expected to contribute significantly to growth of the solar bench market. Solar benches are used to collect various types of data. For instance, solar benches can collect data of present noise levels, air quality levels, etc. This data is then utilised by a country’s government to plan further development techniques. Smart cities projects are still in the nascent stages, however the demand for solar benches is expected to increase over forecast period. For instance, in October 2017, Include Ltd., a Europe-based start-up, installed six solar benches outside a police station in Dubai.

Furthermore, the overall growth of the solar market is expected to facilitate demand for solar benches over the forecast period. For instance, according to a report published by the International Energy Agency, a Paris-based autonomous intergovernmental organization, in 2019, around 877 GW electricity will be generated by using solar cells between 2019 and 2024.