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Global Solar Carport Market: By Type: One Unit Carport, Two Unit Carport, Multi Carport; By Application: Residential, Commercial, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Solar Carport Market Outlook

The global solar carport market reached a value of about USD 509.3 million in 2021.  The industry is further expected to grow at a CAGR of 4.70% in the forecast period of 2022-2027 to reach a value of nearly USD 670.9 million by 2027.

 

Global Solar Carport Market

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North America is Expected to Hold a Significant Position in the Market Growth of  Solar Carport

In the coming years, North America is likely to be one of the most important marketplaces for solar carport. Commercial solar developers are increasingly offering increased value to consumers in the form of larger project sizes, and more significant electricity savings as the average system price of solar carports continues to reduce. In addition to this, the market growth is likely to be defined with trends surrounding vertical integration to reduce structural costs. Moreover, the market is growing on account of rising awareness of solar energy and its advantages in countries like the United States. Further, the increasing production of electric cars is also anticipated to be a significant factor boosting the market growth of solar carport in North America.

 

Solar Carport: Market Segmentation

Solar carports refer to a type of carport that provides shade and protection for the vehicle. These devices are taller ground-mounted solar panels, which are lifted to fit a vehicle below and use similar equipment and procedure of ground-mounted solar panels. In addition, solar carports are customised to include solar panels in their structure and thus perform the dual function of covering the vehicle and providing clean energy.

 

Global Solar Carport Market By Segment

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Based on type, the market can be divided into:

  • One Unit Carport
  • Two Unit Carport
  • Multi Carport

On the basis of application, the market can be classified into:

  • Residential
  • Commercial
  • Others

The EMR report looks into the regional markets for solar carport like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Solar Carport Market By Region

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Increasing Awareness of Solar Energy Augmenting the Market Growth

The growth in the global market for solar carports can primarily be associated with the increase in awareness of the importance of solar energy. In addition, the market growth can be associated with the benefits provided by solar carports such as enhanced flexibility. The electricity produced by solar carports is similar to the energy produced by other methods of solar energy and can be used for residential purposes, stored in a battery, and can even be exchanged for credits in the grid. This is contributing to the growth of the market. In addition, a solar carport can be configured to optimise the positioning of solar panels, which is another factor shaping the growth of the market.

 

Key Industry Players in the Global Solar Carport Market

The report gives a detailed analysis of the following key players in the global solar carport market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Nichiei Intec
  • SankyoAlumi
  • Schletter
  • GC Story
  • AG Japan 
  • Yumesolar
  • Ecolohas Japan
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type One Unit Carport, Two Unit Carport, Multi Carport
Breakup by Application Residential, Commercial, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Nichiei Intec, SankyoAlumi, Schletter, GC Story, AG Japan, Yumesolar, Ecolohas Japan, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Solar Carport Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Solar Carport Historical Market (2017-2021) 
    8.3    Global Solar Carport Market Forecast (2022-2027)
    8.4    Global Solar Carport Market by Type
        8.4.1    One Unit Carport
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Two Unit Carport
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Multi Carport
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Solar Carport Market by Application
        8.5.1    Residential
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Commercial
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Others
    8.6    Global Solar Carport Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Nichiei Intec
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    SankyoAlumi
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Schletter
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    GC Story
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    AG Japan 
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Yumesolar
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Ecolohas Japan
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Solar Carport Market: Key Industry Highlights, 2017 and 2027
2.    Global Solar Carport Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Solar Carport Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Solar Carport Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Solar Carport Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Solar Carport Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Solar Carport Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Solar Carport Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Solar Carport Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Solar Carport Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Solar Carport Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Solar Carport Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Solar Carport Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Solar Carport Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Solar Carport Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Solar Carport Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Solar Carport Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Solar Carport Market Structure

Key Questions Answered in the Report

In 2021, the global solar carport market attained a value of about USD 509.3 million.

The market is projected to grow at a CAGR of 4.70% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach nearly USD 670.9 million by 2027.

The market is being driven by the rising adoption of sustainable means of energy, flexibility offered by solar carports, and rising deployment in electric vehicles.

Increasing awareness of solar energy and the rising production of electric cars are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different types of solar carports are one unit carport, two unit carport, and multi carport.

The significant applications of solar carport are residential and commercial, among others.

The major players in the industry are Nichiei Intec, SankyoAlumi, Schletter, GC Story, AG Japan, Yumesolar, and Ecolohas Japan, among others.

Analyst Review

The global solar carport market attained a value of about USD 509.3 million in 2021, driven by the increasing awareness of solar energy. Aided by the increasing production of electric cars, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.70% to reach nearly USD 670.9 million by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into one unit carport, two unit carport, and multi carport. The market, based on applications, can be segmented into residential and commercial, among others. The major regional markets for solar carport are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Nichiei Intec, SankyoAlumi, Schletter, GC Story, AG Japan, Yumesolar, and Ecolohas Japan, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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