Press release
Solar Carport Market Size, Share & Forecast 2025-2032
Solar Carport Market Size
Global Market Size (2024): USD 484.62 million; projected to reach USD 531.04 million in 2025 and USD 905.08 million by 2032 (CAGR 7.91%)
U.S. Market (2032): USD 87.06 million, driven by EV adoption and incentives
Get a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/104006
Introduction
The global solar carport market harnesses parking infrastructure to generate clean energy, combining shade and EV-charging with renewable power generation. Covering residential, commercial, and industrial segments across North America, Europe, Asia Pacific, Latin America, and MEA, this market is propelled by climate goals, EV growth, and supportive policies that make on-site solar economically attractive.
Market Overview
Solar carports consist of PV modules mounted on parking canopies, supplying on-site electricity for charging EVs and facility loads. The market reached USD 484.62 million in 2024 and is forecast to grow to USD 905.08 million by 2032 at a 7.91% CAGR.
Get More Info: https://www.fortunebusinessinsights.com/solar-carport-market-104006
Market Dynamics
Drivers
EV Adoption & Incentives: Growing EV fleets and government rebates/net-metering improve ROI.
Restraints
Space & Structural Limits: Urban land scarcity and engineering challenges for wind/snow loads can delay or up-size projects.
Segment Analysis
Connect with Our Expert for any Queries: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/104006
By Design
T-frame structures are preferred in multi-story/commercial lots for their minimal footprint and door clearance; V-frames fit residential/retrofit use.
By Application
Commercial leads, with car parks at hotels, hospitals, campuses, and airports adding solar canopies for energy and shade.
Regional Insights
Europe: Held the top share in 2023 (USD 206.33 M), driven by renewables mandates and EV infrastructure (e.g., PML's carbon-saving carport in England).
North America: U.S. growth fueled by federal/state incentives and large-scale projects like JFK Airport's carport with TotalEnergies.
Asia Pacific, Latin America, MEA: Rapid urbanization and sustainability targets spur roll-out across China, India, Brazil, GCC, and South Africa.
Competitive Landscape
Tata Power (India)
Antai Technology Co. Ltd (China)
Kokko Shisetsu Kogyo Co., Ltd (Japan)
Cenergy Power (U.S.)
Positive Energy Solar (U.S.)
CHIKOUSA (U.S.)
RenEnergy Ltd. (U.K.)
SunPower Corporation (U.S.)
Flexisolar (U.K.)
Schletter (Germany)
Quest Renewables, Inc. (U.S.)
Xiamen Mibet New Energy Co., Ltd (China)
EvoEnergy (U.K)
KDC Solar LLC (U.S.)
Enova (UAE)
Methodology
Forecast based on historical data (2019-2023), primary interviews, and secondary research, covering trends, market drivers, restraints, and opportunity analysis for 2025-2032.
Get a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/104006
Contact Us:
Fortune Business InsightsTM Pvt. Ltd.
Email: sales@fortunebusinessinsights.com
About Us:
Fortune Business InsightsTM offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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 Size, Share & Forecast 2025-2032 here
News-ID: 4006008 • Views: …
More Releases from Fortune Business Insights
Nutraceutical Packaging Market Size, Share & Industry Analysis | Key Trends & De …
The global nutraceutical packaging market size was valued at USD 3.90 billion in 2023 and is projected to be worth USD 4.08 billion in 2024 and reach USD 6.24 billion by 2032, exhibiting a CAGR of 5.45% during the forecast period.
The rising emphasis on eco-friendly packaging is set to drive the product demand, propelling industry expansion. The use of nutraceutical packaging helps enhance resistance to oxidation and offers protection…
Activated Carbon Market Poised for Remarkable Growth, set to Reach USD 10.04 bil …
The global activated carbon market size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, recording a CAGR of 8.7% during 2025-2032.
Activated carbon, also called activated charcoal, is a form of carbon that is majorly used in air purification and gas cleaning applications as they have a high absorption capacity and porosity. The…
Organic Foods Market Poised for Remarkable Growth, set to Reach USD 529.64 billi …
The global organic foods market was valued at USD 177.08 billion in 2023 and is anticipated to reach USD 199.35 billion in 2024, eventually growing to USD 529.64 billion by 2032. This growth reflects a compound annual growth rate (CAGR) of 12.99% during the forecast period. In 2023, Europe led the global organic foods market, accounting for 44.17% of the market share.
The organic food market in the United States is…
Flavors and Fragrances Market Poised for Remarkable Growth, set to Reach USD 42. …
The global flavors and fragrances market was valued at USD 27.50 billion in 2023 and is expected to grow to USD 42.27 billion by 2032, rising from USD 28.72 billion in 2024. This growth reflects a CAGR of 5.0% over the forecast period.
The market is anticipated to grow during the projected period due to rapid development in the pharmaceuticals and cosmetics sector. Fortune Business InsightsTM publishes this information in…
More Releases for Solar
Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
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 argues…
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
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 sectors…
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
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 solar…
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
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 such…
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
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 size…
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary
WiseGuyReports.com adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database.
This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an…
