by The solar carport market size is poised to grow by USD 1,173.6 million by 2033 from USD 458.7 million in 2023, exhibiting a CAGR of 9.90% during the forecast period 2024 to 2033.
Key Takeaways
- North America contributed more than 32% of market share in 2023.
- Asia-Pacific is estimated to expand the fastest CAGR between 2024 and 2033.
- By application, the commercial segment has held the largest market share of 76% in 2023.
- By application, the residential segment is anticipated to grow at a remarkable CAGR of 11.4% between 2024 and 2033.
- By type, the T-shape segment generated 42% of market share in 2023.
- By type, the semi-cantilever segment is expected to expand at the fastest CAGR over the projected period.
- By vehicle arrangement, the two-row vehicle arrangement carports segment generated over 63% of the market share in 2023.
- By vehicle arrangement, the one-row vehicle arrangement carports segment is expected to expand at the fastest CAGR over the projected period.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Solar carport market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Solar carport Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Solar Carport Market Scope
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 9.90% |
| Global Market Size in 2023 | USD 458.7 Million |
| Global Market Size by 2033 | USD 1,173.6 Million |
| U.S. Market Size in 2023 | USD 102.75 Million |
| U.S. Market Size by 2033 | USD 267.7 Million |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Application, By Type, and By Vehicle Arrangement |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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The empirical study on the global Solar carport market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Solar carport Market. Our market report for the Solar carport market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Solar Carport Market Companies
- Envision Solar
- SunPower Corporation
- Solar Electric Supply
- Solaire Generation
- Martifer Solar
- Schletter Inc.
- Orion Solar Racking
- SolarCity (now part of Tesla)
- Hanwha Q Cells
- Phoenix Solar AG
- Quest Renewables
- Kokam Co., Ltd.
- Ecolibrium Solar
- Carport Solar
- Premier Carports
Data Sources and Methodology
To gather comprehensive insights on the Global Solar carport Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Solar carport Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Solar carport market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Application
- Residential
- Commercial
- Others (Government Agencies, Non-profit Organizations)
By Type
- Cantilever Solar Carports
- T-shape Solar Carports
- Semi Cantilever Solar Carports
- Others (Portable Solar Carports, Customized Solar Carports)
By Vehicle Arrangement
- One-row Vehicle Arrangement Carports
- Two-row Vehicle Arrangement Carports
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Solar carport market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Solar carport market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Solar carport market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Solar carport market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Solar Carport Market
5.1. COVID-19 Landscape: Solar Carport Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Solar Carport Market, By Application
8.1. Solar Carport Market Revenue and Volume, by Application, 2024-2033
8.1.1 Residential
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Commercial
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Others (Government Agencies, Non-profit Organizations)
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Solar Carport Market, By Type
9.1. Solar Carport Market Revenue and Volume, by Type, 2024-2033
9.1.1. Cantilever Solar Carports
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. T-shape Solar Carports
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Semi Cantilever Solar Carports
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
9.1.4. Others (Portable Solar Carports, Customized Solar Carports)
9.1.4.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Solar Carport Market, By Vehicle Arrangement
10.1. Solar Carport Market Revenue and Volume, by Vehicle Arrangement, 2024-2033
10.1.1. One-row Vehicle Arrangement Carports
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Two-row Vehicle Arrangement Carports
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Solar Carport Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.1.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.1.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.1.4.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.1.4.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.1.5.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.1.5.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.2.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.4.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.2.4.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.5.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.2.5.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.6.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.2.6.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.2.7.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.2.7.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.3.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.4.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.3.4.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.5.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.3.5.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.6.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.3.6.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.3.7.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.3.7.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.4.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.4.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.4.4.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.5.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.4.5.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.6.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.4.6.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.4.7.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.4.7.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.5.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.5.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.5.4.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.5.4.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)
11.5.5.2. Market Revenue and Volume Forecast, by Type (2021-2033)
11.5.5.3. Market Revenue and Volume Forecast, by Vehicle Arrangement (2021-2033)
Chapter 12. Company Profiles
12.1. Envision Solar
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. SunPower Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Solar Electric Supply
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Solaire Generation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Martifer Solar
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Schletter Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Orion Solar Racking
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. SolarCity (now part of Tesla)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hanwha Q Cells
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Phoenix Solar AG
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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