Reports
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 (2018-2028); 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 2023-2028 to reach a value of nearly USD 670.9 million by 2027.
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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.
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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.
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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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Solar Carport Market Analysis
8.1 Key Industry Highlights
8.2 Global Solar Carport Historical Market (2018-2022)
8.3 Global Solar Carport Market Forecast (2023-2028)
8.4 Global Solar Carport Market by Type
8.4.1 One Unit Carport
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Two Unit Carport
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Multi Carport
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Solar Carport Market by Application
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Solar Carport Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Solar Carport Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Solar Carport Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Solar Carport Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Solar Carport Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Solar Carport Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Nichiei Intec
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 SankyoAlumi
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Schletter
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 GC Story
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 AG Japan
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Yumesolar
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Ecolohas Japan
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Solar Carport Market: Key Industry Highlights, 2018 and 2028
2. Global Solar Carport Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Solar Carport Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Solar Carport Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Solar Carport Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Solar Carport Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Solar Carport Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Solar Carport Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Solar Carport Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Solar Carport Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Solar Carport Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Solar Carport Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Solar Carport Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Solar Carport Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Solar Carport Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Solar Carport Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Solar Carport Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 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 2023-2028, 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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