U.S. Commercial Solar Carport MarketU.S. Commercial Solar Carport Market Analysis 2024 and Forecasts 2032: Unveiling Growth Opportunities
U.S. Commercial Solar Carport Market by Type (One-Row Vehicle Arrangement Carport, Two-Row Vehicle Arrangement Carport, Two-Row Dual Slope Vehicle Arrangement Carport), by Capacity (Less Than 500 kW, 500 kW to 1 MW, Above 1 MW), by Design (T-frame Structures, V-frame Structures), by Forecast 2024-2032
Base Year: 2023
120 Pages
U.S. Commercial Solar Carport Market Analysis 2024 and Forecasts 2032: Unveiling Growth Opportunities
Key Insights
The U.S. Commercial Solar Carport Market size was valued at USD 257.50 USD Million in 2023 and is projected to reach USD 456.69 USD Million by 2032, exhibiting a CAGR of 8.53 % during the forecast period. A commercial solar carport is the installation that provides shade and cover for the cars kept inside while channeling the energy from the sun in order to produce electric energy. This technology installation option could be within the business premises, in the form of covered parking spaces, for commercial buildings such as office blocks, shopping centers and airports, contributing to sustainability visions and lowering the carbon footprint. One of the types of commercial solar carports includes a single row, a double row, and a cantilevered design, which can be utilized in various parking lot layout options. They basically comprise of solar panels that are firmly fastened to a sturdy frame and containing an inverter for the conversion of DC electricity into AC and internal wire to look out for grid connection or battery storage. The recent development of the U. S. has shown the focus on not only green energy but also on government incentives, corporate sustainability as well as the decision of customers, and the growing demand of clean energy solutions. The latest technologies such as bifacial solar panels and smart charging system are amplifying the performance and meaning, which in extra, propels the expansion of commercial solar carports.
U.S. Commercial Solar Carport Trends
- Growing demand for clean and renewable energy sources.
- Increasing government incentives and favorable policies.
- Technological advancements and cost reduction.
Driving Forces: What's Propelling the U.S. Commercial Solar Carport Market
- Soaring electricity costs from conventional sources
- Increased adoption of corporate sustainability initiatives
- Growing need for environmentally friendly parking solutions
- Abundant availability of land suitable for solar carport installations
Challenges and Restraints in U.S. Commercial Solar Carport Market
- High upfront investment costs.
- Limited availability of skilled labor.
- Lack of awareness about solar carport benefits.
- Space constraints in urban areas.
- Permitting delays.
Emerging Trends in U.S. Commercial Solar Carport
- Integration of energy storage systems.
- Smart solar carports with real-time monitoring.
- Solar carport optimization with machine learning.
- Custom designs and aesthetics.
Growth Catalysts in U.S. Commercial Solar Carport Industry
- Attractive federal and state tax incentives
- Widespread availability of net metering programs
- Corporations setting ambitious sustainability targets
- Rising popularity and adoption of electric vehicles
Market Segmentation: U.S. Commercial Solar Carport Analysis
Type:
- One-Row Vehicle Arrangement Carport
- Two-Row Vehicle Arrangement Carport
- Two-Row Dual Slope Vehicle Arrangement Carport
Capacity:
- Less Than 500 kW
- 500 kW to 1 MW
- Above 1 MW
Design:
- T-frame Structures
- V-frame Structures
Leading Players in the U.S. Commercial Solar Carport Market
- SunPower Corporation (U.S.)
- Quest Renewables, Inc. (U.S.)
- Cenergy Power (U.S.)
- Chiko USA (U.S.)
- KDC Solar LLC (U.S.)
- Baja Carports (U.S.)
- Borrego Solar (U.S.)
- Schletter Group (U.S.)
- Inovateus Solar LLC (U.S.)
- Wright Solar Energy LLC (U.S.)
Significant developments in U.S. Commercial Solar Carport Sector
- October 2021: Schletter presented a number of upgrades for its systems at Intersolar Europe. These upgrades include Proline for the pitched roof system and FixGrid Pro for more flexibility on flat roofs, among others.
- September 2021: Quest Renewables provided its solar canopy solutions to Maryknoll at Ossining, NY campus. The product features a 2,184-panel canopy system and consists of 12 QuadPod solar canopies. The system covers two parking lots, helping to offset Maryknoll’s energy consumption with renewable energy, and provides clean energy access and electricity bill discounts to local community members.
- December 2021: KDC Solar LLC, a wholly owned subsidiary of CI Renewables LLC, began commercial operations of its 1.6 megawatt (MW) solar carport at CentraState Medical in Freehold, New Jersey. The new system will produce approximately 2.1 million kilowatt hours of solar electricity every year.
Comprehensive Coverage U.S. Commercial Solar Carport Market Report
The report will provide a detailed overview of the U.S. commercial solar carport market, covering key market drivers, challenges, and opportunities. It will include comprehensive market segmentation, competitive landscape analysis, and market projections for the next 8 years.
Regional Insight
- Northeast
- South
- Midwest
- West
Technology Analysis
- Mono-Crystalline Solar Panels
- Poly-Crystalline Solar Panels
- Thin-Film Solar Panels
Pestle Analysis
- Political Factors
- Economic Factors
- Social Factors
- Technological Factors
- Legal Factors
- Environmental Factors
Portor's Five Force Analysis
- Threat of New Entrants
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat of Substitutes
- Competitive Rivalry
BCG Matrix
- Stars
- Cash Cows
- Problem Children
- Dogs
Import & Export Analysis
- Import Data
- Export Data
Production & Consumption
- Production Data
- Consumption Data
Regulatory Landscape
- Federal Policies
- State Policies
- Regulatory Compliance
U.S. Commercial Solar Carport Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 8.53% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Awareness of Solar Carports in U.S. is Creating Opportunities in Market
- 3.3. Market Restrains
- 3.3.1. Competing Energy Sources to Restrain Commercial Solar Carport Market Growth in the U.S.
- 3.4. Market Trends
- 3.4.1 Increasing Adoption of Smart and IoT Technology to Increase Energy Generation
- 3.4.2 Storage
- 3.4.3 and Distribution to Drive Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Commercial Solar Carport Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. One-Row Vehicle Arrangement Carport
- 5.1.2. Two-Row Vehicle Arrangement Carport
- 5.1.3. Two-Row Dual Slope Vehicle Arrangement Carport
- 5.2. Market Analysis, Insights and Forecast - by Capacity
- 5.2.1. Less Than 500 kW
- 5.2.2. 500 kW to 1 MW
- 5.2.3. Above 1 MW
- 5.3. Market Analysis, Insights and Forecast - by Design
- 5.3.1. T-frame Structures
- 5.3.2. V-frame Structures
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Northeast U.S. Commercial Solar Carport Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Type
- 6.1.1 One-Row Vehicle Arrangement Carport
- 6.1.2 Two-Row Vehicle Arrangement Carport
- 6.1.3 Two-Row Dual Slope Vehicle Arrangement Carport
- 6.2. Market Analysis, Insights and Forecast - By Capacity
- 6.2.1 Less Than 500 kW
- 6.2.2 500 kW to 1 MW
- 6.2.3 Above 1 MW
- 6.3. Market Analysis, Insights and Forecast - By Design
- 6.3.1 T-frame Structures
- 6.3.2 V-frame Structures
- 7. Southeast U.S. Commercial Solar Carport Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Type
- 7.1.1 One-Row Vehicle Arrangement Carport
- 7.1.2 Two-Row Vehicle Arrangement Carport
- 7.1.3 Two-Row Dual Slope Vehicle Arrangement Carport
- 7.2. Market Analysis, Insights and Forecast - By Capacity
- 7.2.1 Less Than 500 kW
- 7.2.2 500 kW to 1 MW
- 7.2.3 Above 1 MW
- 7.3. Market Analysis, Insights and Forecast - By Design
- 7.3.1 T-frame Structures
- 7.3.2 V-frame Structures
- 8. Midwest U.S. Commercial Solar Carport Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Type
- 8.1.1 One-Row Vehicle Arrangement Carport
- 8.1.2 Two-Row Vehicle Arrangement Carport
- 8.1.3 Two-Row Dual Slope Vehicle Arrangement Carport
- 8.2. Market Analysis, Insights and Forecast - By Capacity
- 8.2.1 Less Than 500 kW
- 8.2.2 500 kW to 1 MW
- 8.2.3 Above 1 MW
- 8.3. Market Analysis, Insights and Forecast - By Design
- 8.3.1 T-frame Structures
- 8.3.2 V-frame Structures
- 9. Southwest U.S. Commercial Solar Carport Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Type
- 9.1.1 One-Row Vehicle Arrangement Carport
- 9.1.2 Two-Row Vehicle Arrangement Carport
- 9.1.3 Two-Row Dual Slope Vehicle Arrangement Carport
- 9.2. Market Analysis, Insights and Forecast - By Capacity
- 9.2.1 Less Than 500 kW
- 9.2.2 500 kW to 1 MW
- 9.2.3 Above 1 MW
- 9.3. Market Analysis, Insights and Forecast - By Design
- 9.3.1 T-frame Structures
- 9.3.2 V-frame Structures
- 10. West U.S. Commercial Solar Carport Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Type
- 10.1.1 One-Row Vehicle Arrangement Carport
- 10.1.2 Two-Row Vehicle Arrangement Carport
- 10.1.3 Two-Row Dual Slope Vehicle Arrangement Carport
- 10.2. Market Analysis, Insights and Forecast - By Capacity
- 10.2.1 Less Than 500 kW
- 10.2.2 500 kW to 1 MW
- 10.2.3 Above 1 MW
- 10.3. Market Analysis, Insights and Forecast - By Design
- 10.3.1 T-frame Structures
- 10.3.2 V-frame Structures
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 SunPower Corporation (U.S.)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Quest Renewables Inc. (U.S.)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Cenergy Power (U.S.)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Chiko USA (U.S.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 KDC Solar LLC (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Baja Carports (U.S.)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Borrego Solar (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Schletter Group (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Inovateus Solar LLC (U.S.)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Wright Solar Energy LLC (U.S.)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 SunPower Corporation (U.S.)
List of Figures
- Figure 1: U.S. Commercial Solar Carport Market Revenue Breakdown (USD Million, %) by Product 2023 & 2031
- Figure 2: U.S. Commercial Solar Carport Market Value Share (%), by Type 2023 & 2031
- Figure 3: U.S. Commercial Solar Carport Market Value Share (%), by Capacity 2023 & 2031
- Figure 4: U.S. Commercial Solar Carport Market Value Share (%), by Design 2023 & 2031
- Figure 5: U.S. Commercial Solar Carport Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 2: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 3: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 4: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 5: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 6: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 7: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Region 2018 & 2031
- Table 8: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Region 2018 & 2031
- Table 9: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 10: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 11: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 12: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 13: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 14: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 15: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Region 2018 & 2031
- Table 16: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Region 2018 & 2031
- Table 17: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 18: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 19: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 20: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 21: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 22: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 23: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Country 2018 & 2031
- Table 24: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Country 2018 & 2031
- Table 25: Northeast U.S. Commercial Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 26: Northeast U.S. Commercial Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 27: Southeast U.S. Commercial Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 28: Southeast U.S. Commercial Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 29: Midwest U.S. Commercial Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 30: Midwest U.S. Commercial Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 31: Southwest U.S. Commercial Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 32: Southwest U.S. Commercial Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 33: West U.S. Commercial Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 34: West U.S. Commercial Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 35: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 36: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 37: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 38: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 39: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 40: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 41: U.S. Commercial Solar Carport Market Revenue USD Million Forecast, by Country 2018 & 2031
- Table 42: U.S. Commercial Solar Carport Market Volume Thousand Units Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 8.53% from 2018-2032 |
| Segmentation |
|
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