Global Solar Canopy Carport Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Solar Canopy Carport Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Solar canopies are elevated structures that host solar panels and provide shade. These overhead solar panel installations are typically installed in parking lots or other paved areas. In practice, solar canopies are similar to solar carports and ground mounted solar panels – each provides an alternative to rooftop solar, whether because a roof can’t host solar panels or because a property’s electricity needs are too large for a rooftop solar system. Many solar parking lots also incorporate electric car charging stations so that drivers of electric vehicles can recharge with solar power while parked.

Market Overview:

The latest research study on the global Solar Canopy Carport market finds that the global Solar Canopy Carport market reached a value of USD 1115.38 million in 2022. It’s expected that the market will achieve USD 1551.04 million by 2028, exhibiting a CAGR of 5.65% during the forecast period.

Opportunities

Nowadays, a large number of governments are willing to spend a lot of money and time to subsidize new energy products, which is one of the future development trends of energy.
Fossil energy is now more important than before because they are only limited and people prefer new energy.
The greenhouse effect has a great impact on people's survival. Although there are many questions about the greenhouse effect, the previous concept is deeply rooted in people's minds, and people are more willing to use environmentally friendly energy.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are SunPower Corporation, Gibraltar Industries and Carport Structures with the revenue market share of 6.14%, 3.94% and 3.49% in 2018.

Since 1985, SunPower has been leading global solar innovation. SunPower solar panels consistently deliver more energy and long-term peace of mind with the highest performing solar power systems available. SunPower is the solar energy choice of more homeowners and businesses around the world.

Gibraltar Industries, Inc., incorporated on September 17, 1993, is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company's segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.

Segmentation Overview:

Among different product types, Mono-pitch segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Solar Canopy Carport market covered in Chapter 3:

Gibraltar Industries
SunPower Corporation
Envision Solar
SAIC Motor Corporation Limited
S:FLEX
FlexiSolar
Schletter GmbH
Carport Structures
Orion Carport Systems and Construction Inc.
Phoenix Solar

In Chapter 4 and Chapter 14.2, on the basis of types, the Solar Canopy Carport market from 2018 to 2029 is primarily split into:

Mono-pitch
Dual-pitch
Barrel arch

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Solar Canopy Carport market from 2018 to 2029 covers:

Commercial
Industrial
Utility
Residential
Agricultural

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)