Global Solar Carport Market

Solar Carport Market Size, Share, Growth Analysis, By Product(commercial, non-profit, and others), By Application(cantilever design and W-frame design), By Region - Industry Forecast 2024-2031

Report ID: SQMIG55E2011 | Region: Global | Published Date: July, 2024
Pages: 182 | Tables: 61 | Figures: 75

Solar Carport Market Competitive Landscape

The solar carport market is highly fragmented, with many small players providing solar carports to various countries. There are numerous players in the global carport market, catering to the increasing demand from the commercial building and construction sector.

Solar Carport Market Top players company profiles

  • Envision Solar
  • Solaire Generation
  • SunPower Corporation
  • Phoenix Solar AG
  • Schletter Inc.
  • Kokko Shisetsu Kogyo Co. Ltd.
  • Martifer Solar
  • Orion Solar Racking
  • SolarCity Corporation
  • Hanergy Holding Group Ltd.
  • SunEdison Inc.
  • S:FLEX GmbH
  • Anyo New Energy
  • Green Choice Solar
  • Suncorp Energy
  • Biohaus PV Handels GmbH
  • Solibro GmbH
  • Meridian Solar
  • Solarsense UK Ltd.
  • Terra Solar

Solar Carport Market Recent Developments

In January 2022, Antai Technology Co.Ltd achieved a total of 5,036 MW solar racking shipments, helping them hit a record high market share in the mainstream market.

In December 2021, Mibet Energy supplied the mounting structure for a metal roof PV power station in Jing zhou city, Hubei Province, which focuses on the problem of electricity consumption. On completion the project will generate around 24 million kilowatts per hour annually, saving around 8.6 millions tons of standard coal each year and reducing approximately 21.44 million tons of carbon dioxide emission.

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Solar Carport Market size was valued at USD 533.24 million in 2022 and is poised to grow from USD 558.30 million in 2023 to USD 806.20 million by 2031, growing at a CAGR of 4.70% during the forecast period (2024-2031).

The solar carport market is highly fragmented, with many small players providing solar carports to various countries. There are numerous players in the carport market, catering to the increasing demand from the commercial building and construction sector. 'Envision Solar', 'Solaire Generation', 'SunPower Corporation', 'Phoenix Solar AG', 'Schletter Inc.', 'Kokko Shisetsu Kogyo Co. Ltd.', 'Martifer Solar', 'Orion Solar Racking', 'SolarCity Corporation', 'Hanergy Holding Group Ltd.', 'SunEdison Inc.', 'S:FLEX GmbH', 'Anyo New Energy', 'Green Choice Solar', 'Suncorp Energy', 'Biohaus PV Handels GmbH', 'Solibro GmbH', 'Meridian Solar', 'Solarsense UK Ltd.', 'Terra Solar'

The key driver of this market is the increase in the awareness of the importance of solar energy. Solar energy is a free and renewable resource, with many diverse applications. Other factors driving the market include , solar carports prove to be sensible in various climates. In cold climates, the municipality uses its resources to protect cars from ice and snow, while also reducing the need for planning. A carport can help keep cars much cooler than if they were exposed to direct sunlight in warmer climates. Solar carports can be a great way to convert unproductive and unused space into sustainable and productive investment. Solar carports can be a great way to add solar power to property without having to alter it, and at the same time provide a sheltered place for your vehicles. A charging point can be used to charge electric vehicles. Many areas are off the grid, so using a solar carport in those areas will drive the market.

As the world moves more decisively towards clean energy sources, the demand for electric vehicles is on the rise. This necessitates the development of infrastructure such as the grid to support charging for electric vehicles. A solar carport is a covered parking area with a canopy designed to protect parked electric vehicles from the sun. It is an effective application of electric vehicle charging, offering versatility, clean energy and convenience to EV users. Many other solar carports are also integrated level 2 charging stations designed for a single parking lot or large commercial lot. As electric vehicles continue to grow in popularity, the installation and adoption of solar carports will grow to meet the increasing energy demands of electric vehicles.

Six Flags Entertainment in North America created the largest solar carport in California and became the entertainment industry market leader in renewable energy. The market is growing due to increasing awareness of solar energy and its benefits in countries such as the US. In Europe, Schindler Clean Energy Systems specializes in solar carports and power supplies for electric vehicles. In one project, they combined a long carport with strong commercial energy storage to provide sufficient power for electric cars. As the number of electric cars continues to grow, the solar carport market will also see a boost.

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Global Solar Carport Market

Report ID: SQMIG55E2011

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