Solar Umbrella Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F, Segmented By Fabric Type (Acrylic, Polyester, and Others (Olefin, Xceltex, etc.)), By End Use (Residential, Hotels/Resorts, Foodservice, Parks, and Other Open-Air Places) By Distribution Channel (Online and Offline), By Region, Competition

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Solar Umbrella Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F, Segmented By Fabric Type (Acrylic, Polyester, and Others (Olefin, Xceltex, etc.)), By End Use (Residential, Hotels/Resorts, Foodservice, Parks, and Other Open-Air Places) By Distribution Channel (Online and Offline), By Region, Competition

Solar Umbrella market is driven by rising construction of commercial buildings, growing solar projects, and shifting consumer preference for sustainable products.

A solar umbrella is a type of awning that consists of solar panels, a bottom pole, and an umbrella frame. The umbrella is equipped with solar panels that collect sunlight and use it to run the lighting system or possibly even charge electrical devices. Although they have a limited capacity for producing free energy, solar umbrellas are perfect for supplying outdoor spaces with the energy they require. due to the fact that they are not intended to provide the volume of energy needed to power a home. They work great for charging other low-voltage gadgets as well as lighting the patio or garden.

The panels of a solar umbrella collect solar energy, which is then stored in a battery pack inside the umbrella. The batteries can be used to charge electronics or power LED lights. The solar umbrella is usually installed the same way as other umbrella frame. However, the consumers need to attach the solar panels on the top of the umbrella’s canopy.

Most installations should be finished in less than 30 minutes.

The solar panel must be mounted on top of the umbrella, and the plug and wiring must be hidden inside the groove. To effectively finish the panel installation, plug the solar panel into the socket that comes from the frame. The final step in the installation process is typically threading the frame through the umbrella pole and fastening it with a nut similar to putting together a typical umbrella. Depending on the model and manufacturer, there may be a slight difference in the installation process.

Technological Advancement is Fueling the Market Growth

Furthermore, some models might have built-in speakers, security cameras, Bluetooth, and Wi-Fi. For instance, Guangzhou Huami Solar Power Co., Ltd, a Chinese company offers 160W USB WiFi AC DC Function Foldable Solar Umbrella for Garden, Hotel and Beach.

Growing Usage of Solar Energy is Driving the Market Growth


MIR Segment1

. To a new record high, primary global energy consumption increased by 5.5% in 2021.

Rising Infrastructure is Boosting the Market Growth

. As a result, it is estimated that the world needs to invest USD 3.9 trillion in infrastructure each year

Market Segmentation

The global Solar Umbrella market is segmented on the basis of fabric type, end use, distribution channel, region, and competitional landscape. On the basis of fabric type, the market is further divided into acrylic, polyester, and others. Based on end use, the market is segmented into residential, hotels/resorts, foodservice, parks, and other open-air places. On the basis of distribution channel, the market is further bifurcated into online and offline. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.


MIR Regional

Company Profiles

AB Electrolux, Viking Range, Llc, Haier lnc., Perlick Corporation, Danby Appliances Inc., Climadiff S.A., LG Corporation, Miele & Cie. KG, Liebherr-International Deutschland GmbH, and Siemens AG are among the major market players in the global platform that lead the market growth of the global Solar Umbrella market.

Attribute

Details

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Fabric Type

·         End Use

·         Distribution Channel

Regional Scope

Asia-Pacific, North America, Europe, Middle East & Africa and South America

Country Scope

China, Japan, India, Australia, New Zealand, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Saudi Arabia, UAE, Qatar, South Africa, Brazil, Argentina, Colombia

Key Companies Profiled

Maodi Solar Technology (Dongguan) Co., Ltd, Gale Pacific Limited, Zeny Group, Global Reality Ltd, Costway.com, Inc., SHARLOMAY LTD, Bluesun Group Limited, MidtownUmbrellas.com, Wayfair LLC, Best Choice Products, Inc., etc

Customization Scope

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