The Solar Carports and Canopies Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including By Type (Commercial Solar Carports, Residential Solar Carports, Solar Pergolas, Solar Gazebos, Solar Patio Covers), By Application (Commercial, Residential), By Design (Full Cantilever, Semi Cantilever, T Frame, DBL Column).
Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Solar Carports and Canopies industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Solar Carports and Canopies companies. The Solar Carports and Canopies demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Solar Carports and Canopies industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.
The market report analyses the leading companies in the industry including Able Canopies Ltd. , AED Technologies Ltd. , Alternative Energy, LLC , BISOL Group d.o.o. , BLIKIR , Core Development Group LLC , EvoEnergy Ltd. , Kappion Carports & Canopies , MC Power Companies, Inc. , RBI Solar Inc. , Solar Energy Builders , SolarReviews , Sun Action Trackers , Sunterra Solar, Inc. , The Greener Group, and Others.
A key trend in the Solar Carports and Canopies Market is the integration of electric vehicle (EV) charging stations into solar-powered structures. As the adoption of EVs accelerates globally, solar carports and canopies are increasingly being designed to support EV charging infrastructure. These dual-purpose solutions provide clean energy for vehicles while shading them from weather conditions, appealing to environmentally conscious consumers and businesses. This trend is particularly prevalent in commercial and institutional sectors, where solar carports serve as both energy solutions and sustainability showcases.
The growing emphasis on renewable energy adoption, particularly in urban areas with limited open space for large solar installations, is a significant driver of the Solar Carports and Canopies Market. These structures utilize existing parking spaces, converting them into energy-generating assets. Government incentives, such as tax credits and subsidies for solar installations, further encourage the adoption of solar carports and canopies. Additionally, corporations aiming to meet net-zero carbon goals are investing in solar-powered parking solutions, driving market growth.
The Solar Carports and Canopies Market presents a lucrative opportunity to expand into residential and small-scale applications. As rooftop solar installations face limitations due to space constraints or shading issues, solar carports offer an alternative for homeowners seeking to harness solar energy. Innovations in modular designs and cost-effective solutions can make solar carports more accessible to individual households. Furthermore, partnerships with real estate developers to integrate solar carports into new residential projects could significantly boost market penetration in this segment.
The Full Cantilever design segment is the largest in the Solar Carports and Canopies Market by design. This dominance is due to its structural efficiency, aesthetic appeal, and wide applicability in both commercial and residential installations. Full cantilever designs provide maximum space utilization, allowing for unobstructed parking beneath the canopy while maximizing solar panel coverage. Their scalability and ability to accommodate large solar arrays make them the preferred choice for larger projects like commercial parking lots and public spaces, driving their market leadership.
The Commercial Solar Carports segment is the fastest-growing in the Solar Carports and Canopies Market by type over the forecast period to 2034. This growth is fuelled by increasing investments from corporations and public entities in renewable energy to achieve sustainability goals and reduce carbon footprints. Commercial solar carports offer dual benefits of providing shaded parking while generating solar power, making them an attractive choice for businesses, malls, and institutions. Incentives and policies promoting green energy further accelerate the adoption of commercial solar carports, ensuring rapid market growth.
The Commercial segment is the largest in the Solar Carports and Canopies Market by application. This prominence is driven by the large-scale deployment of solar carports in commercial establishments like shopping centers, corporate campuses, and transportation hubs. The ability to generate significant energy savings and offset operational costs while providing enhanced parking solutions makes solar carports highly attractive for commercial use. Additionally, government incentives and renewable energy mandates for commercial properties bolster this segment's leadership in the market.
|
Parameter |
Details |
|
Market Size (2024) |
$821.4 Million |
|
Market Size (2034) |
$1823.2 Million |
|
Market Growth Rate |
8.3% |
|
Segments |
By Type (Commercial Solar Carports, Residential Solar Carports, Solar Pergolas, Solar Gazebos, Solar Patio Covers), By Application (Commercial, Residential), By Design (Full Cantilever, Semi Cantilever, T Frame, DBL Column) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Able Canopies Ltd, AED Technologies Ltd, Alternative Energy LLC , BISOL Group d.o.o. , BLIKIR, Core Development Group LLC, EvoEnergy Ltd, Kappion Carports & Canopies, MC Power Companies Inc, RBI Solar Inc. , Solar Energy Builders , SolarReviews , Sun Action Trackers, Sunterra Solar, Inc., The Greener Group, and Others. |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
Solar Carports and Canopies are structures with integrated solar panels designed to provide shading for vehicles while generating solar electricity. These structures offer dual functionality by protecting cars from the elements and harnessing renewable energy from the sun.
By Type
• Commercial Solar Carports
• Residential Solar Carports
• Solar Pergolas
• Solar Gazebos
• Solar Patio Covers
By Application
• Commercial
• Residential
By Design
• Full Cantilever
• Semi Cantilever
• T Frame
• DBL Column
Geographical Analysis
• Able Canopies Ltd.
• AED Technologies Ltd.
• Alternative Energy, LLC
• BISOL Group d.o.o.
• BLIKIR
• Core Development Group LLC
• EvoEnergy Ltd.
• Kappion Carports & Canopies
• MC Power Companies, Inc.
• RBI Solar Inc.
• Solar Energy Builders
• SolarReviews
• Sun Action Trackers
• Sunterra Solar, Inc.
• The Greener Group
• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Solar Carports and Canopies market, encompassing current market size, growth trends, and forecasts till 2034.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Solar Carports and Canopies industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.
TABLE OF CONTENTS
1 INTRODUCTION TO 2024 Solar Carports and Canopies MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 EXECUTIVE SUMMARY
3.1 Global Solar Carports and Canopies Market Size Outlook, $ Million, 2021 to 2030
3.2 Solar Carports and Canopies Market Outlook by Type, $ Million, 2021 to 2030
3.3 Solar Carports and Canopies Market Outlook by Product, $ Million, 2021 to 2030
3.4 Solar Carports and Canopies Market Outlook by Application, $ Million, 2021 to 2030
3.5 Solar Carports and Canopies Market Outlook by Key Countries, $ Million, 2021 to 2030
4 MARKET DYNAMICS
4.1 Key Driving Forces of Solar Carports and Canopies Industry
4.2 Key Market Trends in Solar Carports and Canopies Industry
4.3 Potential Opportunities in Solar Carports and Canopies Industry
4.4 Key Challenges in Solar Carports and Canopies Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Solar Carports and Canopies Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 GLOBAL Solar Carports and Canopies MARKET OUTLOOK BY SEGMENTS
7.1 Solar Carports and Canopies Market Outlook by Segments
Type
- Commercial Solar Carports
- Residential Solar Carports
- Solar Pergolas
- Solar Gazebos
- Solar Patio Covers
Application
- Commercial
- Residential
Design
- Full Cantilever
- Semi Cantilever
- T Frame
- DBL Column
8 NORTH AMERICA Solar Carports and Canopies MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Solar Carports and Canopies Markets in 2024
8.2 North America Solar Carports and Canopies Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Solar Carports and Canopies Market size Outlook by Segments, 2021-2030
Type
- Commercial Solar Carports
- Residential Solar Carports
- Solar Pergolas
- Solar Gazebos
- Solar Patio Covers
Application
- Commercial
- Residential
Design
- Full Cantilever
- Semi Cantilever
- T Frame
- DBL Column
9 EUROPE Solar Carports and Canopies MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Solar Carports and Canopies Markets in 2024
9.2 Europe Solar Carports and Canopies Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Solar Carports and Canopies Market size Outlook by Segments, 2021-2030
Type
- Commercial Solar Carports
- Residential Solar Carports
- Solar Pergolas
- Solar Gazebos
- Solar Patio Covers
Application
- Commercial
- Residential
Design
- Full Cantilever
- Semi Cantilever
- T Frame
- DBL Column
10 ASIA PACIFIC Solar Carports and Canopies MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Solar Carports and Canopies Markets in 2024
10.2 Asia Pacific Solar Carports and Canopies Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Solar Carports and Canopies Market size Outlook by Segments, 2021-2030
Type
- Commercial Solar Carports
- Residential Solar Carports
- Solar Pergolas
- Solar Gazebos
- Solar Patio Covers
Application
- Commercial
- Residential
Design
- Full Cantilever
- Semi Cantilever
- T Frame
- DBL Column
11 SOUTH AMERICA Solar Carports and Canopies MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Solar Carports and Canopies Markets in 2024
11.2 South America Solar Carports and Canopies Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Solar Carports and Canopies Market size Outlook by Segments, 2021-2030
Type
- Commercial Solar Carports
- Residential Solar Carports
- Solar Pergolas
- Solar Gazebos
- Solar Patio Covers
Application
- Commercial
- Residential
Design
- Full Cantilever
- Semi Cantilever
- T Frame
- DBL Column
12 MIDDLE EAST AND AFRICA Solar Carports and Canopies MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Solar Carports and Canopies Markets in 2024
12.2 Middle East and Africa Solar Carports and Canopies Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Solar Carports and Canopies Market size Outlook by Segments, 2021-2030
Type
- Commercial Solar Carports
- Residential Solar Carports
- Solar Pergolas
- Solar Gazebos
- Solar Patio Covers
Application
- Commercial
- Residential
Design
- Full Cantilever
- Semi Cantilever
- T Frame
- DBL Column
13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- Able Canopies Ltd.
- AED Technologies Ltd.
- Alternative Energy, LLC
- BISOL Group d.o.o.
- BLIKIR
- Core Development Group LLC
- EvoEnergy Ltd.
- Kappion Carports & Canopies
- MC Power Companies, Inc.
- RBI Solar Inc.
- Solar Energy Builders
- SolarReviews
- Sun Action Trackers
- Sunterra Solar, Inc.
- The Greener Group
14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
• Commercial Solar Carports
• Residential Solar Carports
• Solar Pergolas
• Solar Gazebos
• Solar Patio Covers
By Application
• Commercial
• Residential
By Design
• Full Cantilever
• Semi Cantilever
• T Frame
• DBL Column
By Region
• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)
Solar Carports And Canopies Market Size is valued at $821.4 Million in 2024 and is forecast to register a growth rate (CAGR) of 8.3% to reach $1823.2 Million by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Able Canopies Ltd. , AED Technologies Ltd. , Alternative Energy, LLC , BISOL Group d.o.o. , BLIKIR , Core Development Group LLC , EvoEnergy Ltd. , Kappion Carports & Canopies , MC Power Companies, Inc. , RBI Solar Inc. , Solar Energy Builders , SolarReviews , Sun Action Trackers , Sunterra Solar, Inc. , The Greener Group ,
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume