Solar Carport Market Report: Trends, Forecast and Competitive Analysis to 2030

Solar Carport Trends and Forecast

The future of the global solar carport market looks promising with opportunities in the residential and commercial markets. The global solar carport market is expected to grow with a CAGR of 9.4% from 2024 to 2030. The major drivers for this market are rising adoption of EV, rising interest in renewable & sustainable energy sources, and expanding necessity for eco-friendly transportation.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Solar Carport by Segment

The study includes a forecast for the global solar carport by type, vehicle arrangement, application, and region.

Solar Carport Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Cantilever Solar Carports
• T-Shape Solar Carports
• Semi Cantilever Solar Carports
• Others

Solar Carport Market by Vehicle Arrangement [Shipment Analysis by Value from 2018 to 2030]:

• One-Row Vehicle Arrangement Carports
• Two-Row Vehicle Arrangement Carports

Solar Carport Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Others

Solar Carport Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Solar Carport Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies solar carport companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the solar carport companies profiled in this report include-

• ANTAI Technology
• Tata Power Solar Systems
• Schletter
• Positive Energy Solar
• CHIKOUSA
• RenEnergy
• Xiamen Sunforson Power
• Solarsense
• SunPower Corporation
• Baja Carports

Solar Carport Market Insights

Lucintel forecasts that T-shape will remain the largest segment over the forecast period.

Within this market, commercial will remain larger segment over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Solar Carport Market

Market Size Estimates: Solar carport market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Solar carport market size by type, vehicle arrangement, application, and region in terms of value ($B).

Regional Analysis: Solar carport market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, vehicle arrangements, applications, and regions for the solar carport market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the solar carport market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for solar carport market?

Answer: The global solar carport market is expected to grow with a CAGR of 9.4% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the solar carport market?

Answer: The major drivers for this market are rising adoption of EV, rising interest in renewable & sustainable energy sources, and expanding necessity for eco-friendly transportation.

Q3. What are the major segments for solar carport market?

Answer: The future of the solar carport market looks promising with opportunities in the residential and commercial markets.

Q4. Who are the key solar carport market companies?

Answer: Some of the key solar carport companies are as follows:

• ANTAI Technology
• Tata Power Solar Systems
• Schletter
• Positive Energy Solar
• CHIKOUSA
• RenEnergy
• Xiamen Sunforson Power
• Solarsense
• SunPower Corporation
• Baja Carports

Q5. Which solar carport market segment will be the largest in future?

Answer: Lucintel forecasts that T-shape will remain the largest segment over the forecast period.

Q6. In solar carport market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the solar carport market by type (cantilever solar carports, T-shape solar carports, semi cantilever solar carports, and others), vehicle arrangement (one-row vehicle arrangement carports and two-row vehicle arrangement carports), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?