Smart Solar Urban Equipment Market to Hit USD 11.8 Billion by 2035 with Growing Integration in Smart Cities - TMR

Smart Solar Urban Equipment Market Size 2024 to 2035

The global smart solar urban equipment industry was valued at US$ 5.6 Billion in 2024 and is estimated to grow at a CAGR of 7.1% from 2025 to 2035, reaching US$ 11.8 Billion by the end of 2035. Market expansion is fueled by the rapid rise of smart city projects, growing focus on sustainable public infrastructure, and technological advancements in solar-powered IoT devices and energy storage systems.

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Market Overview

The Smart Solar Urban Equipment Market encompasses intelligent, solar-powered devices and systems integrated into city infrastructure to enhance energy efficiency, connectivity, and sustainability. These include smart solar streetlights, benches, trash bins, charging kiosks, bus shelters, and surveillance units, all equipped with renewable energy generation and smart connectivity features.

As governments and municipalities embrace smart city initiatives and aim to reduce carbon emissions, solar-powered urban equipment is emerging as a cost-efficient and eco-friendly solution for energy self-sufficiency. The deployment of IoT-based monitoring systems and wireless communication technologies further enhances the functionality and real-time data management of these installations.

Market Description

Smart solar urban equipment integrates solar photovoltaic (PV) panels, energy storage units, and IoT-enabled sensors to deliver off-grid power and data-driven services. These systems support a range of urban applications such as public lighting, device charging, environmental monitoring, waste management, and traffic control.

The adoption of smart solar benches and charging stations is growing across universities, parks, and transport hubs, providing free charging for devices and promoting public connectivity. Solar-powered trash bins with fill-level sensors and data analytics optimize waste collection routes, while smart streetlights reduce energy consumption through adaptive brightness control and motion detection.

Advancements in battery storage technologies, hybrid solar systems, and wireless connectivity (LoRa, 5G) are enabling more reliable, scalable, and efficient urban solutions.

Analysts' Viewpoint on the Global Smart Solar Urban Equipment Market
The global smart solar urban equipment market is witnessing a rapid shift from pilot implementations to large-scale deployments, as cities and private developers prioritize energy-efficient and resilient infrastructure. Continuous advancements in solar photovoltaic (PV) panel efficiency, battery storage systems, and intelligent control technologies have enhanced product reliability and significantly reduced costs for solutions such as solar streetlights, smart poles, and solar-powered public amenities.

These innovations have also streamlined procurement processes, enabling faster adoption and deployment. Furthermore, the growing emphasis on urban sustainability initiatives is playing a crucial role, as municipalities worldwide strive to reduce energy expenditures, meet climate goals, and ensure uninterrupted public services-even during power outages.

Analysis of Key Players in the Smart Solar Urban Equipment Market

The global smart solar urban equipment market is characterized by the presence of several prominent manufacturers, including
• Core Solutions
• EnGoPlanet Energy Solutions LLC
• Finbin
• Intelcity
• Seedia Sp. z o.o
• Strawberry Energy
• Sunna Design
• Telemax
• The Solar Range
• Zano Mirosław ZarotyńskiGo
• Other Players.

These companies have been extensively profiled in the market report based on key parameters such as company overview, business strategies, financial performance, product portfolio, business segments, and recent developments.

Key Developments in the Smart Solar Urban Equipment Market

• June 2025: FinBin expanded its product range by launching the CitySolar Smart Bin in a smaller 120-liter version. The CitySolar is an intelligent, solar-powered waste bin equipped with real-time fill-level monitoring and automatic waste compaction. This innovation enhances waste management efficiency by enabling greater storage capacity and data-driven collection in urban areas.

• March 2024: EnGoPlanet introduced hybrid technology for its solar-powered urban furniture, including smart benches, tables, canopies, and shelters. The new hybrid models can connect to both solar energy and the main power grid, ensuring uninterrupted functionality for features such as device charging, Wi-Fi connectivity, LED lighting, and security cameras, even under low sunlight conditions.

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Key Player Strategies

• Technological Innovation: Integration of IoT, AI, and energy storage for improved performance and predictive maintenance.
• Municipal Partnerships: Collaborating with local governments for pilot smart city installations and long-term infrastructure contracts.
• Sustainability Focus: Designing recyclable, low-carbon, and maintenance-free solar units for public use.
• Geographic Expansion: Targeting developing economies in Asia-Pacific, the Middle East, and Africa for large-scale urban deployment.
• Hybrid System Development: Combining solar with small wind turbines and grid backup for consistent energy output.

Challenges

• High Initial Installation Costs: Despite long-term energy savings, upfront capital investment can limit adoption in developing regions.
• Weather Dependency: Variations in solar irradiance affect energy reliability and system performance.
• Maintenance & Vandalism: Outdoor installations require durable materials and protection from physical damage.
• Integration Complexity: Ensuring interoperability between IoT platforms, communication networks, and energy systems.
• Policy Barriers: Lack of uniform standards and regulatory support in emerging markets.

Opportunities

• Smart City Expansion: Governments' focus on sustainable city development drives large-scale installations of smart solar infrastructure.
• IoT & AI Integration: Use of data analytics for predictive maintenance and optimized energy distribution.
• Public Wi-Fi and Charging Services: Increasing adoption of multifunctional solar benches and charging stations in urban spaces.
• Environmental Monitoring: Smart solar units with sensors for air quality, noise, and temperature tracking aid city planning.
• Corporate ESG Initiatives: Growing investments in green infrastructure under environmental, social, and governance (ESG) frameworks.

Market Segmentations

By Product Type
• Smart Solar Streetlights
• Smart Benches & Charging Stations
• Smart Trash Bins
• Smart Bus Shelters & Kiosks
• Solar Surveillance & Monitoring Units

By Component
• Solar Panels
• Energy Storage Systems (Batteries)
• Sensors & IoT Modules
• Communication Units
• Structural & Design Elements

By Application
• Public Infrastructure
• Commercial Complexes
• Parks & Recreation Areas
• Transportation Hubs
• Educational Institutions

By End User
• Municipal Authorities
• Commercial Developers
• Smart City Contractors
• Public-Private Partnerships (PPP)

By Region
• North America: Early adoption in smart cities such as New York, Toronto, and Los Angeles.
• Europe: Strong government incentives for sustainable urban infrastructure and net-zero targets.
• Asia-Pacific: Rapidly growing market led by China, Japan, South Korea, and India.
• Latin America & Middle East & Africa: Increasing solar infrastructure projects in emerging smart cities.

Why Buy This Report?

• Comprehensive insights into market trends, drivers, and emerging technologies shaping the future of urban solar infrastructure.
• Detailed segmentation by product type, application, and region.
• Analysis of key players, innovations, and strategic partnerships in the market.
• Forecasts and projections to guide investment, product planning, and public infrastructure development.
• Identification of growth opportunities in IoT integration, hybrid energy systems, and ESG-driven projects.

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Conclusion

The Smart Solar Urban Equipment Market is poised for robust growth through 2035, driven by the increasing global emphasis on renewable energy adoption, urban digitization, and sustainability goals. While cost and integration challenges persist, innovations in IoT-based monitoring, modular solar design, and hybrid power solutions are creating scalable opportunities for cities worldwide. This report offers actionable insights for manufacturers, urban planners, investors, and policymakers aiming to shape the future of sustainable, connected urban environments.

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