Global Solar Canopy Carport Market Size Will Reach $325 Million by 2025

Solar canopy carport refers to the installation of solar panels on the top of the carport, combining the solar panels with the roof of the building so that it not only has the functions of ordinary parking, sun protection, and rain protection but also has the function of charging cars.

Segmented Market Analysis

From the perspective of product types, solar canopy carports can be divided into two categories based on whether they are fixed or not: mobile solar canopy carports and stationary solar canopy carports. According to our research data, the global stationary solar canopy carport segment market size in 2023 was $901 million, with a market share of 80.77%, occupying a dominant position in the market.

Global Solar Canopy Carport Market Size and Share by Type in 2023

 

Market Size (Million USD)

Share

Segmented by Type

Stationary

901

80.77%

Mobile

214

19.23%

Source: www.globalmarketmonitor.com

Overview of Market Development and Analysis of Competitive Landscape
As a new type of public facility, solar canopy carports can not only provide shading, charging, and other services for vehicles but also serve as an important component of urban public spaces, promoting sustainable development and green travel in cities. With the increasing global attention to renewable energy, solar energy technology has gradually become the main source of energy in many fields. As an important component of this field, the market for solar canopy carports has steadily grown in recent years. Data shows that in 2023, the global market size of solar canopy carports was $1115 million.
In the coming years, with the continuous advancement of technology and the deepening of consumer awareness of renewable energy, the solar canopy carport market is expected to continue to maintain stable growth. On the one hand, the government's support policies for renewable energy will further promote market growth; On the other hand, enterprises will also increase investment in research and development, improve product performance, and reduce costs. In addition, with the popularization of electric vehicles, the application scenarios of solar canopy carports will be further expanded. It is expected that the global market size of solar canopy carports will increase to $1325 million by 2025.
From the perspective of market competition, the concentration of the global solar canopy carport market is relatively low. According to our data, the total production value of solar canopy carports by the top 3 companies in the industry in 2020 was $137.25 million, with a total share of only 13.88%. The top three companies were SunPower Corporation, Gibraltar Industries, and Carport Structures. In 2020, these three companies accounted for 6.16%, 4.15%, and 3.57% of the global total production value of solar canopy carports, respectively.
Global Solar Canopy Carport Market Size and Competition Pattern Analysis 

Global Solar Canopy Carport Market Size and Competition Pattern Analysis
Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "Solar Canopy Carport Market - Global Professional Analysis and Forecast to 2026".


Beyond Consulting, Future is Feasible

We provide more professional and intelligent market reports to complement your business decisions.