Solar canaopy Carport- Market Scope
A solar carport is a covered parking area with a canopy made from solar PV panels. They make efficient use of space because they allow for vehicle parking and solar energy generation on the same parcel. A solar canopy is an overhead roof or a overhanging structure over which a fabric or metal covering is attached, able to provide shade or shelter from weather conditions such as sun, hail, snow and rainThe canopy roof section is slightly inclined - providing an ideal platform for solar panels to be seamlessly attached, which also contributes to the structure's beauty
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | ANTAI Technology Co., Ltd. (China), Tata Power Solar Systems Ltd. (India), Schletter (Netherland), Positive Energy Solar (United States), CHIKOUSA (United States), RenEnergy UK (United Kingdom), Xiamen Sunforson Power Co., Ltd. (China) and Solarsense UK Limited (United Kingdom) |
CAGR | 6.6% |
The Degree of Competition is high there is highly competitive environment along with accessibility of process of technology to all exiting players high capital cost act as barrier for new entrants to enter the market Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Solar canaopy Carport- market throughout the predicted period.
ANTAI Technology Co., Ltd. (China), Tata Power Solar Systems Ltd. (India), Schletter (Netherland), Positive Energy Solar (United States), CHIKOUSA (United States), RenEnergy UK (United Kingdom), Xiamen Sunforson Power Co., Ltd. (China) and Solarsense UK Limited (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are SunPower Corporation (United States) and Baja Carports (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Solar canaopy Carport- market by Type and Region with country level break-up.
On the basis of geography, the market of Solar canaopy Carport- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2021, Safari Energy announced that it has acquired a portfolio of six solar projects located in the Greater Boston area from Waltham, MA-based ECA Solar. ECA Solar developed the projects and provided turnkey engineering, procurement, and construction (EPC) services.
In September 2023, GoodWe, has launched its specialized solar carport panels, the Polaris Series, in Australia as part of its broader push into building-integrated photovoltaics (BIPV)
Influencing Trend:
Solar carports to Convert parking Lots into Sources of clean energy with self-consumption photovoltaic systems
Market Growth Drivers:
Growing adoption of electric vehicles and Growing demand due to high fuel prices and increases in demand for residential use
Challenges:
High installation and maintenance cost and lack of awareness in emerging economies
Restraints:
Solar carports are weather dependent
Opportunities:
Growing awareness about solar energy in emerging economics and increasing government sustainability programs
Key Target Audience
Raw Material Suppliers, Investors, Government, End Use Industries and Others