Commercial Solar Carport Market Size, Share, and Analysis, By Type (One-Row Vehicle Arrangement Carport, Two-Row Vehicle Arrangement Carport, Two-row Dual Slope Vehicle Arrangement Carport), By Capacity (Less than 500 kW, 500 kW to 1 MW, above 1 MW), and By Design (T-frame Structures, V-frame Structures), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Commercial Solar Carport Market Size, Share, and Analysis, By Type (One-Row Vehicle Arrangement Carport, Two-Row Vehicle Arrangement Carport, Two-row Dual Slope Vehicle Arrangement Carport), By Capacity (Less than 500 kW, 500 kW t%li%1 MW, above 1 MW), and By Design (T-frame Structures, V-frame Structures), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Commercial Solar Carport Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 0.7 billion and is projected t%li%reach USD 1.8 billion by the completion of 2034.
Commercial solar carports are modern structures that shelter vehicles while absorbing sunlight and converting it int%li%electricity using solar panels mounted on their rooftops. They perform the function of a typical carport by providing shade and protection t%li%vehicles while generating renewable energy. This revolutionary concept offers numerous advantages t%li%businesses, including maximizing space by generating renewable energy and offering covered parking. This dual functionality aids in reducing electricity bills through on-site power generation and protecting vehicles from various elements. Furthermore, commercial solar carports significantly contribute t%li%sustainability initiatives by using clean energy sources and helping businesses t%li%reduce their carbon footprint. They are customizable structures that can address various needs of commercial properties and making them a popular choice for environmentally conscious businesses seeking sustainable energy solutions.
MARKET HIGHLIGHTS
Commercial Solar Carport Market is projected t%li%reach USD 1.8 billion during the forecast period, driven by the increasing global emphasis on renewable energy and sustainability. Organizations are progressively adopting solar carports for their dual functionality of providing covered parking and generating clean power. This expansion is supported by government policies and tax credits that encourage the use of renewable energy sources. Additionally, major industry players are focusing on innovation t%li%enhance the efficiency, strength, and visual appeal of carports while addressing the diverse needs of the sector. Furthermore, the market's growth trajectory is influenced by escalating environmental concerns and the drive t%li%achieve net-zer%li%energy structures. Therefore, the commercial solar carport market is predicted t%li%expand considerably by offering environmentally friendly energy solutions t%li%businesses and simultaneously improving the use of commercial parking spaces.
Commercial Solar Carport Market Segments:
Growth Drivers
Rising Sustainability Initiatives Will Open Up New Business Prospects
Technological Improvements Will Provide New Growth Prospects
Restraint
High Initial Costs Could Be A Deterrent T%li%Market Expansion
Key Players
PRODUCT OVERVIEW
Commercial Solar Carport Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 0.7 billion and is projected t%li%reach USD 1.8 billion by the completion of 2034.
Commercial solar carports are modern structures that shelter vehicles while absorbing sunlight and converting it int%li%electricity using solar panels mounted on their rooftops. They perform the function of a typical carport by providing shade and protection t%li%vehicles while generating renewable energy. This revolutionary concept offers numerous advantages t%li%businesses, including maximizing space by generating renewable energy and offering covered parking. This dual functionality aids in reducing electricity bills through on-site power generation and protecting vehicles from various elements. Furthermore, commercial solar carports significantly contribute t%li%sustainability initiatives by using clean energy sources and helping businesses t%li%reduce their carbon footprint. They are customizable structures that can address various needs of commercial properties and making them a popular choice for environmentally conscious businesses seeking sustainable energy solutions.
MARKET HIGHLIGHTS
Commercial Solar Carport Market is projected t%li%reach USD 1.8 billion during the forecast period, driven by the increasing global emphasis on renewable energy and sustainability. Organizations are progressively adopting solar carports for their dual functionality of providing covered parking and generating clean power. This expansion is supported by government policies and tax credits that encourage the use of renewable energy sources. Additionally, major industry players are focusing on innovation t%li%enhance the efficiency, strength, and visual appeal of carports while addressing the diverse needs of the sector. Furthermore, the market's growth trajectory is influenced by escalating environmental concerns and the drive t%li%achieve net-zer%li%energy structures. Therefore, the commercial solar carport market is predicted t%li%expand considerably by offering environmentally friendly energy solutions t%li%businesses and simultaneously improving the use of commercial parking spaces.
Commercial Solar Carport Market Segments:
- By Type
- One-Row Vehicle Arrangement Carport
- Two-Row Vehicle Arrangement Carport
- Two-row Dual Slope Vehicle Arrangement Carport
- By Design
- T-frame Structures
- V-frame Structures
- By Capacity
- Less than 500 kW
- 500 kW t%li%1 MW
- Above 1 MW
Growth Drivers
Rising Sustainability Initiatives Will Open Up New Business Prospects
Technological Improvements Will Provide New Growth Prospects
Restraint
High Initial Costs Could Be A Deterrent T%li%Market Expansion
Key Players
- Phoenix Solar AG
- Quest Renewables
- Flexisolar
- SunFixings
- Schletter Inc.
- Envision Solar
- Solaire Generation
- SunEdison
- Renewz Sustainable Solutions Inc.
- SolarWing
- Solarcentury
- SunPower Corporation
- Solaire Generation
- SolarCity
- SolaRack
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3.Commercial Solar Carport Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Commercial Solar Carport Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. COMMERCIAL SOLAR CARPORT MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. COMMERCIAL SOLAR CARPORT MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1. One-Row Vehicle Arrangement Carport
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Two-Row Vehicle Arrangement Carport
11.3.1.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Two-Row Dual Slope Vehicle Arrangement Carport
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By Design
11.3.2.1.T-Frame Structure
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. V-Frame Structure
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.3. By Capacity
11.3.3.1.Less than 500 kW
11.3.3.1.1.By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2. 500Kw to 1 MW
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2.Market Share (%) 2024-2034F
11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Above 1 MW
11.3.3.3.1. By Value (USD Million) 2024-2034F
11.3.3.3.2.Market Share (%) 2024-2034F
11.3.3.3.3.Y-o-Y Growth (%) 2024-2034F
12. NORTH AMERICA COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Design
12.3.3.By Capacity
12.4. Country
12.4.1. United States
12.4.2.Canada
13. EUROPE COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Design
13.3.3.By Capacity
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Design
14.3.3.By Capacity
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Design
15.3.3.By Capacity
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Design
16.3.3.By Capacity
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.SunPower Corporation
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Envision Solar
18.3.Solaire Generation
18.4. SunEdison
18.5.Phoenix Solar AG
18.6.Quest Renewables
18.7.Renewz Sustainable Solutions Inc.
18.8. SolarWing
18.9.SunFixings
18.10.Solarcentury
18.11. Schletter Inc.
18.12. Solaire Generation
18.13. Flexisolar
18.14.SolarCity
18.15. SolaRack
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3.Commercial Solar Carport Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Commercial Solar Carport Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. COMMERCIAL SOLAR CARPORT MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. COMMERCIAL SOLAR CARPORT MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1. One-Row Vehicle Arrangement Carport
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Two-Row Vehicle Arrangement Carport
11.3.1.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2. Market Share (%) 2024-2034F
11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Two-Row Dual Slope Vehicle Arrangement Carport
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By Design
11.3.2.1.T-Frame Structure
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. V-Frame Structure
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.3. By Capacity
11.3.3.1.Less than 500 kW
11.3.3.1.1.By Value (USD Million) 2024-2034F
11.3.3.1.2. Market Share (%) 2024-2034F
11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.2. 500Kw to 1 MW
11.3.3.2.1. By Value (USD Million) 2024-2034F
11.3.3.2.2.Market Share (%) 2024-2034F
11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Above 1 MW
11.3.3.3.1. By Value (USD Million) 2024-2034F
11.3.3.3.2.Market Share (%) 2024-2034F
11.3.3.3.3.Y-o-Y Growth (%) 2024-2034F
12. NORTH AMERICA COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Design
12.3.3.By Capacity
12.4. Country
12.4.1. United States
12.4.2.Canada
13. EUROPE COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Design
13.3.3.By Capacity
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Design
14.3.3.By Capacity
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Design
15.3.3.By Capacity
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA COMMERCIAL SOLAR CARPORT MARKET SIZE & FORECAST 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By Design
16.3.3.By Capacity
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.SunPower Corporation
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Envision Solar
18.3.Solaire Generation
18.4. SunEdison
18.5.Phoenix Solar AG
18.6.Quest Renewables
18.7.Renewz Sustainable Solutions Inc.
18.8. SolarWing
18.9.SunFixings
18.10.Solarcentury
18.11. Schletter Inc.
18.12. Solaire Generation
18.13. Flexisolar
18.14.SolarCity
18.15. SolaRack
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
