Solar-powered furniture incorporates solar panels that harness energy from the sun and convert it into electricity to charge accessories like phones and laptops. These products have become increasingly popular as they provide convenient access to power in outdoor settings. Solar tables and chairs allow users to work, relax or socialize outside while keeping their devices charged through clean energy generation.
The global Solar Chair Market is estimated to be valued at Us$ 2.07 Mn in 2024 and is expected to exhibit a CAGR Of 6.2% over the forecast period 2024 To 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Growth Accelerated by Increasing Outdoor Activities
The demand for solar powered furniture is being driven by the rising popularity of outdoor recreational activities. More people are spending leisure time in parks, camping, beaches, and picnic areas away from traditional indoor power outlets. Solar tables and chairs help solve the issue of limited access to electricity in outdoor spaces. In addition, factors such as rising environmental consciousness and convenience of using solar energy on the go have increased consumer interest in these products. Solar furniture allows users to avoid relying on batteries while spending time in nature. The growing trend of working and socializing outdoors is propelling the sales of solar powered accessories that integrate seamlessly with an active outdoor lifestyle.
Segment Analysis
The global solar chair market is dominated by the household segment which accounted for more than 55% share of the total market in 2024. Solar chairs used for household and residential purposes is witnessing high demand due to increasing awareness about renewable energy sources and growing popularity of outdoor recreational activities. The commercial segment is emerging as the fastest growing segment owing to rising installation of solar chairs in public places like parks, resorts and beaches by municipal corporations and local administrations for public use.
Key Takeaways
The Global Solar Chair Market Demand is expected to witness high growth over the forecast period owing to rising demand for eco-friendly products and increasing preferences of consumers towards sustainable energy solutions. The market size is projected to grow from US$ 2.07 Mn in 2024 to US$ 7.12 Mn by 2031, expanding at a CAGR of 6.2%.
Regional analysis
Asia Pacific dominated the global solar chair market in 2024 and is expected to maintain its leading position during the forecast period. Rapid economic development, rising living standards, growing focus on renewable energy and increase in outdoor recreational activities are some of the key factors driving demand for solar chairs in the region. China, India and Japan account for the major share of the Asia Pacific market owing to presence of leading manufacturers and high consumer base.
Key players
Key players operating in the solar chair market are Oracle Corporation, IBM Corporation, SAP SE, Workday, Inc., Microsoft Corporation and Sage Group plc. Oracle Corporation and IBM Corporation are focusing on developing smart solar chairs integrated with advanced technologies like IoT, cloud and artificial intelligence to offer enhanced functionalities.
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