According to a recent research report titled “Solar Carport Market (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) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033″ published by Precedence Research, the global solar carport market size is projected to touch around USD 1,173.6 million by 2033 and growing at a CAGR of 9.90% over the forecast period 2024 to 2033. This comprehensive study examines various factors and their impact on the growth of the solar carport market.
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.
The report primarily focuses on the volume and value of the solar carport market at the global, regional, and company levels. At the global level, the report analyzes historical data and prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global solar carport market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the solar carport market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
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 |
Also read: Precision Viticulture Market Size to Worth USD 4,160 Million by 2033
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the solar carport market.
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
Segments Covered in the Report
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
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
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global solar carport market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for solar carport. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Solar carport market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Solar carport market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Solar carport market?
- What is the Solar carport market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Solar carport market?
- What are the recent trends in Solar carport market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Solar carport market growth?
- What are the key market trends impacting the growth of Solar carport market?
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