Solar Carport Market Size, Share, and Growth Analysis, By Type, By Mounting System, By Vehicle Arrangement, By Carport Type, By End Use, By Region - Industry Forecast 2025-2032

Solar Carport Market size was valued at USD 560.0 million in 2023 and is poised to grow from USD 591.36 million in 2024 to USD 914.46 million by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

The solar carport canopy market is gaining momentum due to its dual functionality of providing shade for vehicles while offering an effective solar panel installation that does not require additional land. Unlike traditional rooftop systems or ground-mounted installations, solar carports maximize efficiency by allowing panels to be positioned at ideal angles, leading to enhanced energy output. This innovative solution not only alleviates space constraints commonly associated with ground mounts but also reduces conflicts and site restrictions. As awareness of solar energy benefits increases, so does the demand for solar carports, particularly for their flexibility in energy generation and storage, making them a preferable choice for sustainable infrastructure. This shift highlights a key opportunity for market development in the evolving solar energy landscape.

Top-down and bottom-up approaches were used to estimate and validate the size of the Solar Carport market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Solar Carport Market Segments Analysis

Global Solar Carport Market is segmented by Type, Mounting System, Vehicle Arrangement, Carport Type, End Use, Power Capacity, Roof Type, Material and region. Based on Type, the market is segmented into Single-Column Solar Carports, Double-Column Solar Carports, Cantilevered Solar Carports, T-Shaped Solar Carports and Others. Based on Mounting System, the market is segmented into Fixed Solar Carports and Tracking Solar Carports. Based on Vehicle Arrangement, the market is segmented into One-row and Two-row. Based on Carport Type, the market is segmented into Freestanding, Ground Mounted and Attached. Based on End Use, the market is segmented into Commercial, Residential, Public and Industrial. Based on Power Capacity, the market is segmented into Less than 10 kW, 10-100 kW, 100-250 kW and More than 250 kW. Based on Roof Type, the market is segmented into Metal Roof, Flat Roof, Shingle Roof and Tile Roof. Based on Material, the market is segmented into Aluminum, Steel, Wood and Composite Materials. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Solar Carport Market

A significant catalyst for the growth of the solar carport market is the rising awareness of the benefits of solar energy as a free and renewable resource, applicable in various settings. Solar carports are advantageous in diverse climates; they protect vehicles from harsh weather in cold regions while reducing planning requirements, and help keep cars cooler in warmer areas by shielding them from direct sunlight. Moreover, they transform underutilized spaces into sustainable investments and introduce solar power to properties without extensive modifications. Additionally, they offer convenient electric vehicle charging options, particularly beneficial in off-grid locations, further propelling market demand.

Restraints in the Solar Carport Market

The Solar Carport market faces notable restraints that hinder its growth, primarily due to the substantial initial investment required for installation and ongoing maintenance costs. Potential buyers encounter significant upfront expenses to set up a photovoltaic (PV) system, which can be a deterrent. Additionally, solar carports are susceptible to adverse weather conditions, as their efficiency diminishes on cloudy or rainy days, reducing their protective capabilities against sunlight. Storing solar energy also presents a challenge, with high costs associated with battery storage solutions. Furthermore, finding a suitable location to safely house these batteries without exposure to moisture is essential to prevent damage.

Market Trends of the Solar Carport Market

The solar carport market is witnessing robust growth as the global shift towards clean energy accelerates, driven by burgeoning demand for electric vehicles (EVs). This trend underscores the need for efficient charging infrastructure, with solar carports emerging as an optimal solution. These innovative structures not only provide shade and protection for EVs but also harness solar energy to power level 2 charging stations, enhancing convenience for users. As more businesses and municipalities invest in sustainable technologies, the integration of solar carports into commercial and residential properties is becoming increasingly prevalent, aligning with energy regulations and consumer preferences for environmentally friendly options. This market is poised for substantial expansion as the adoption of electric vehicles continues to rise.