openPR Logo
Press release

Solar Carport Market Poised for Explosive Growth, Projected to Hit $1.7 Billion by 2032

01-21-2025 07:15 PM CET | Energy & Environment

Press release from: Allied Market Research

Solar Carport Market

Solar Carport Market

According to the report, the global solar carport market size was valued at $0.8 billion in 2022, and is estimated to reach $1.7 billion by 2032, growing at a CAGR of 8.1% from 2023 to 2032.

The global solar carport market is driven by factors such as rise in government incentives. Shift in solar energy to cut carbon emissions creates lucrative growth opportunities. On the other hand, competing energy sources hinder market growth.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/A09031

By design type, the T-shape segment held the highest market share in 2022, accounting for more than two-fifths of the global solar carport market revenue and is estimated to maintain its leadership status throughout the forecast period.

The T-shape building provides plenty of shade and protection in addition to holding more cars. The T-shaped structure makes it simple for cars to enter and exit, which makes parking more convenient for drivers. As a result, the solar carport industry is experiencing a rise in the demand for such structures.

By application, the commercial segment held the highest market share in 2022, accounting for more than two-fifths of the global carport market and is estimated to maintain its leadership status throughout the forecast period.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/solar-carport-market/purchase-options

Solar carports are expected to be installed globally in shopping centres, educational institutions, supermarkets, corporate buildings, and EV charging stations during the forecast period. In addition, commercial solar carports improve the company's green credentials and offer free advertising space in addition to improved parking for clients and staff.

By vehicle arrangement, the one-row segment held the highest market share in 2022, accounting for around two-thirds of the global solar carport market and is estimated to maintain its leadership status throughout the forecast period. However, the double-row segment is projected to manifest the highest CAGR of 8.42% from 2023 to 2032.

Moreover, the simplicity and efficiency of the carport with a one-row vehicle arrangement set it apart. This versatile structure is the best solution for small parking lots as it may be joined to existing buildings or stand-alone. The expansion of this market is driven by an increase in number of residential applications, such as residential properties and apartment buildings, adopting one-row vehicle arrangements.

Buy Now & Get Up to 50% off on This Report: https://www.alliedmarketresearch.com/solar-carport-market/purchase-options

By region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than half of the global solar carport market revenue and is likely to dominate the market during the forecast period. The Asia-Pacific region's rapid urbanization and infrastructural development are also anticipated to fuel demand for solar carports in the upcoming years. In addition, a lot of companies or organisations in the area are embracing CSR (corporate social responsibility) activities that include renewable energy solutions and sustainability aims, which eventually support the market's expansion.

Leading Market Players: -

Antai Solar
Enerparc
Ganges International
Mahindra Solarize
Positive Energy Solar
Reenergy
Schletter
Himzen
Quest Renewables, INC.
Mahindra Solarize

The report provides a detailed analysis of these key players in the global solar carport market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A09031

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Solar Carport Market Poised for Explosive Growth, Projected to Hit $1.7 Billion by 2032 here

News-ID: 3825955 • Views: โ€ฆ

More Releases from Allied Market Research

Medical Oxygen Gas Cylinders Market To Witness Massive Growth By 2035
Medical Oxygen Gas Cylinders Market To Witness Massive Growth By 2035
The global medical oxygen gas cylinders market has witnessed significant growth in recent years, driven by an increasing prevalence of respiratory diseases, a rising geriatric population, and heightened demand for emergency medical services. According to Allied Market Research, the medical oxygen gas cylinders market was valued at $2.97 billion in 2020 and is projected to reach $5.33 billion by 2030, growing at a CAGR of 5.70% from 2021 to 2030.โ€ฆ
Artificial Cornea and Corneal Implant Market To Witness Strong Growth By 2035
Artificial Cornea and Corneal Implant Market To Witness Strong Growth By 2035
The global artificial cornea and corneal implant market has witnessed significant growth in recent years, driven by advancements in ophthalmic technology and a rising prevalence of corneal diseases. In 2020, the market was valued at $376.61 million and is projected to reach $656.19 million by 2028, reflecting a CAGR of 7.9% from 2021 to 2028. Read More Here: https://www.alliedmarketresearch.com/artificial-cornea-and-corneal-implant-market-A11333 Artificial Cornea and Corneal Implant Market Growth Factors Several key factors contributeโ€ฆ
Oral Proteins and Peptides Market To Witness Huge Growth By 2035
Oral Proteins and Peptides Market To Witness Huge Growth By 2035
In 2016, the global oral proteins and peptides market was valued at approximately $643 million. Projections indicate a substantial increase, with expectations to reach $8,233 million by 2028, reflecting a CAGR of 11.7% from 2022 to 2028. The global oral proteins and peptides market has witnessed significant growth in recent years, driven by advancements in drug delivery technologies and an increasing prevalence of chronic diseases. These therapeutics, designed for oralโ€ฆ
Securing the Cloud: The Importance of Cloud Security Posture Management (CSPM)
Securing the Cloud: The Importance of Cloud Security Posture Management (CSPM)
According to the report published by Allied Market Research "Securing the Cloud: The Importance of Cloud Security Posture Management (CSPM)." These players have adopted different strategies such as new product launches collaborations expansion joint ventures agreements and others to increase their market share and maintain dominant shares in different regions. Reduction in IT infrastructure visibility, surge in configuration errors in cloud infrastructure, lack of efficient security tools & processes to manageโ€ฆ

All 5 Releases


More Releases for Solar

Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO โ€ฆ
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research arguesโ€ฆ
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So โ€ฆ
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectorsโ€ฆ
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So โ€ฆ
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solarโ€ฆ
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte โ€ฆ
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies suchโ€ฆ
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola โ€ฆ
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1563 Solar PV Module Market sizeโ€ฆ
Global Solar Photovoltaic Installations Market 2017: Key Players โ€“ BENQ Solar, โ€ฆ
Summary WiseGuyReports.com adds โ€œSolar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022โ€ reports to its database. This report provides in depth study of โ€œSolar Photovoltaic Installations marketโ€ using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations ย Market report also provides an in-depth survey of key players in the market which is based on the various objectives of anโ€ฆ