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Solar Carport Charging Station Market key Drivers, Business Insights, Trends and Applications by 2027

02-25-2021 08:08 PM CET | Energy & Environment

Press release from: Allied Market Research

Solar Carport Charging Station Market

Solar Carport Charging Station Market

Solar carport charging station is a solar system mounted on carports or canopies for homes and businesses that make effective use of unused outside and parking lot space for power generation. These grid-tied solar systems can help offset power use from electric vehicle car charging. The electric vehicle charging system can have up to 14 kW solar power, which is further used for homes, office buildings & business parks, apartment buildings, condominiums, and multi-unit dwellings. Therefore, increase indemand for electric vehicles is expected to boost the demand for solar carport charging stationsover the forecast period.

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Regions covered
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

Companies covered
Envision Solar, SunPower, Standard Solar, SolarWing, Sundial Energy, S: FLEX, Solarsense, SUNWORX, Solar Electric, Supply, and Giulio Barbier

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Top impacting factors:Market scenario analysis, trends, drivers, and impact analysis
Increase in demand for electric vehicles and the government's encouragement to shift toward e-vehicle areexpected to spur the demand for solar carport charging stationsover the forecast period. Moreover, the high cost associated with electric vehicle charging equipment is a major factor that restricts the market growth. Furthermore, deployment of vehicle-to-grid (V2G) technology is expected to offer lucrative opportunities for the market growth overthe forecast period.

The solar carport charging station market trends are as follows:

Increase indemand for electric vehicles
Awareness about the damage caused to the environment and rapid increase in usage of combustion engines are the major effects that are witnessedto curb environmental degradation. Therefore, the e-vehicle market is considered to be the future of the automobile industry as many customers are shifting to electric vehicles.Their economical and eco-friendly nature is expected to further boostthe solar carport charging station market over the forecast period.

Government encouragement to shift toward E-vehicle
To ensure that more people buy electric vehicles, governments across the globe have introduced various subsidies in the form of exemption from paying taxes related to vehicles. Governments play a major role as they mandate policies to adopt electric vehicles and develop charging infrastructure along with spreadawareness among people about the advantages of using these vehicles. Therefo

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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