PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424352
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424352
The Global Solar Chair Market size is estimated to be valued at US$ 1.79 Bn in 2023 and is expected to reach US$ 4.21 Bn by 2030, grow at a compound annual growth rate (CAGR) of 13% from 2023 to 2030.
Report Coverage | Report Details | ||
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Base Year: | 2022 | Market Size in 2023/2024: | US$ 1.79 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
Forecast Period 2023/2024 to 2030/2031 CAGR: | 13.00% | 2030/2031 Value Projection: | US$ 4.21 Bn |
A solar chair represents a type of outdoor furniture incorporating solar panels into its design to harness solar energy and convert it into electricity. This innovative furniture enables users to charge personal devices or benefit from ambient lighting while outdoors, offering features like integrated charging ports and lighting systems. With three USB ports powered by solar panels on the chair's surface, along with evening lights, the solar chair ensures continued functionality even after sunset.
In the realm of solar wheelchairs, solar energy takes on a transformative role by propelling the wheelchair's motors. The primary objective of this project is to develop a solar chair that seamlessly and safely charges USB devices when users find themselves away from conventional electricity sources. This technology not only emphasizes sustainability but also enhances the mobility and usability of outdoor furniture, providing users with a convenient and eco-friendly solution for staying connected and well-illuminated in various outdoor settings. Whether relaxing in the daytime or navigating through the evening, the solar chair combines functionality and renewable energy to offer a versatile and sustainable outdoor experience.
Raising awareness of the significance of sustainable practices and renewable energy will continue to fuel growth of the global solar chair market over the forecast period. Consumers are looking for sustainable solutions and eco-friendly options for daily activities, including outdoor sitting options. Improvements in energy storage and solar technology will continue to fuel growth of the global solar chair market over the forecast period. The outdoor leisure and hospitality sector, which includes hotels, lodgings, beaches, parks, and campgrounds, will create new opportunities for the global solar chair market over the forecast period.
Minimal power production and storage are expected to hamper growth of the global solar chair market over the forecast period.
Global Solar Chair Market Detailed Segmentation: