U.S. Solar Carport MarketU.S. Solar Carport Market 2024-2032 Overview: Trends, Competitor Dynamics, and Opportunities
U.S. Solar Carport Market by Type (One-Row Vehicle Arrangement Carport, Two-Row Vehicle Arrangement Carport, Two-Row Dual Slope Vehicle Arrangement Carport), by Design (T-frame Structures, V-frame Structures), by Capacity (Less Than 500 kW, 500 kW to 1 MW, Above 1 MW), by Application (Commercial, Others), by Forecast 2024-2032
Base Year: 2023
120 Pages
U.S. Solar Carport Market 2024-2032 Overview: Trends, Competitor Dynamics, and Opportunities
Key Insights
The U.S. Solar Carport Market size was valued at USD 44.26 USD Million in 2023 and is projected to reach USD 76.89 USD Million by 2032, exhibiting a CAGR of 8.21 % during the forecast period. A Solar Carport refers to an arrangement where a car parking bay is built and on top of the parking bay, there is a system of solar panels. It also offered the additional benefit of providing shaded parking while also producing clean solar energy. Solar carports are used in residence, commercial places, and public parking areas help save energy utilization for cars. Solar carports can be classified based on the architecture design and these are single column, dual column, and cantilever designs with the ability to cover various areas and design needs. In addition to this, some of the benefits that accustom solar carports include, the ability to harness and save on energy, shelters the vehicles from weather conditions and environmental impact. Current developments in the U. S. market reveal a stark rise in the use of solar carports and the reasons for its installation include technological improvements in solar, available government support, and more focus on sustainable technologies in sociodemographic designs.
U.S. Solar Carport Trends
- Growing focus on sustainability
- Surge in electric vehicle ownership
- Government initiatives and tax incentives
Driving Forces: What's Propelling the U.S. Solar Carport Market
- Rising energy costs: Solar carports can reduce energy bills by generating electricity from solar panels.
- Government incentives: Tax credits, rebates, and other incentives are available for installing solar carports.
- Corporate sustainability initiatives: Companies are increasingly adopting solar carports to meet sustainability goals.
Challenges and Restraints in U.S. Solar Carport Market
- High upfront costs: The initial capital outlay for installing a solar carport can be a significant financial hurdle for businesses and organizations. The cost of solar panels, inverters, and other equipment, as well as the cost of installation, can add up to tens of thousands of dollars.
- Limited awareness and adoption: Despite the growing recognition of the benefits of solar carports, there is still a lack of widespread awareness and adoption in the U.S. market. Many businesses and consumers are unfamiliar with the technology, its potential benefits, and the financial incentives available. This lack of understanding can hinder the adoption of solar carports and limit market growth.
- Space constraints and site suitability: Installing a solar carport requires sufficient parking space with unobstructed sunlight exposure. However, space constraints and site limitations can pose challenges for some businesses and organizations, particularly in urban areas or locations with limited available land.
Emerging Trends in U.S. Solar Carport
- Integration with electric vehicle charging: Solar carports can be equipped with electric vehicle charging stations.
- Smart grid connectivity: Solar carports can be connected to the smart grid to optimize energy production and storage.
- Aesthetically pleasing designs: Solar carports are becoming more aesthetically appealing, blending with building designs.
Growth Catalysts in U.S. Solar Carport Industry
- Government support: Government incentives and regulations are driving the growth of the solar industry.
- Technological advancements: Innovations in solar panels and energy storage systems are making solar carports more efficient and affordable.
- Increasing demand for renewable energy: Businesses and consumers are becoming increasingly aware of the benefits of renewable energy.
Market Segmentation: U.S. Solar Carport Analysis
Type:
- One-Row Vehicle Arrangement Carport
- Two-Row Vehicle Arrangement Carport
- Two-Row Dual Slope Vehicle Arrangement Carport
Design:
- T-frame Structures
- V-frame Structures
Capacity:
- Less Than 500 kW
- 500 kW to 1 MW
- Above 1 MW
Application:
- Commercial
- Others
Leading Players in the U.S. Solar Carport Market
- SunPower (U.S.)
- Solaire Generation (U.S.)
- Quest Renewables (U.S.)
- Premier Carports (U.S.)
- Schletter Group (U.S.)
- Envision Solar (U.S.)
- Innovative Solar Systems, LLC (U.S.)
- Pivot Energy (U.S.)
Significant Developments in U.S. Solar Carport Sector
- April 2023: Six Flags Entertainment Corporation installed a 12.37-megawatt solar carport at Six Flags Magic Mountain in Los Angeles.
- June 2022: Terrasmart contributed its racking system for Chicago's highest commercial solar installation.
- May 2020: Pivot Energy placed a 431 kW solar carport at Colorado Electric Co-op.
Comprehensive Coverage U.S. Solar Carport Market Report
In addition to the insights and analysis provided above, the report also covers:
- Regional Insights
- Technology Analysis
- PESTLE Analysis
- Porter's Five Force Analysis
- BCG Matrix
- Import & Export Analysis
- Production & Consumption
- Regulatory Landscape
U.S. 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 8.21% 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. Growing Focus on Safety and Organization to Fuel Market Growth
- 3.3. Market Restrains
- 3.3.1. Limited Space and Site Suitability are the Major Factors Restraining the U.S. Solar Carport Market Growth
- 3.4. Market Trends
- 3.4.1. Growth of IT Infrastructure to Bolster the Demand for Modern Cable Tray Management Solutions
- 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. 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 Design
- 5.2.1. T-frame Structures
- 5.2.2. V-frame Structures
- 5.3. Market Analysis, Insights and Forecast - by Capacity
- 5.3.1. Less Than 500 kW
- 5.3.2. 500 kW to 1 MW
- 5.3.3. Above 1 MW
- 5.4. Market Analysis, Insights and Forecast - by Application
- 5.4.1. Commercial
- 5.4.2. Others
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Northeast U.S. 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 Design
- 6.2.1 T-frame Structures
- 6.2.2 V-frame Structures
- 6.3. Market Analysis, Insights and Forecast - By Capacity
- 6.3.1 Less Than 500 kW
- 6.3.2 500 kW to 1 MW
- 6.3.3 Above 1 MW
- 6.4. Market Analysis, Insights and Forecast - By Application
- 6.4.1 Commercial
- 6.4.2 Others
- 7. Southeast U.S. 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 Design
- 7.2.1 T-frame Structures
- 7.2.2 V-frame Structures
- 7.3. Market Analysis, Insights and Forecast - By Capacity
- 7.3.1 Less Than 500 kW
- 7.3.2 500 kW to 1 MW
- 7.3.3 Above 1 MW
- 7.4. Market Analysis, Insights and Forecast - By Application
- 7.4.1 Commercial
- 7.4.2 Others
- 8. Midwest U.S. 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 Design
- 8.2.1 T-frame Structures
- 8.2.2 V-frame Structures
- 8.3. Market Analysis, Insights and Forecast - By Capacity
- 8.3.1 Less Than 500 kW
- 8.3.2 500 kW to 1 MW
- 8.3.3 Above 1 MW
- 8.4. Market Analysis, Insights and Forecast - By Application
- 8.4.1 Commercial
- 8.4.2 Others
- 9. Southwest U.S. 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 Design
- 9.2.1 T-frame Structures
- 9.2.2 V-frame Structures
- 9.3. Market Analysis, Insights and Forecast - By Capacity
- 9.3.1 Less Than 500 kW
- 9.3.2 500 kW to 1 MW
- 9.3.3 Above 1 MW
- 9.4. Market Analysis, Insights and Forecast - By Application
- 9.4.1 Commercial
- 9.4.2 Others
- 10. West U.S. 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 Design
- 10.2.1 T-frame Structures
- 10.2.2 V-frame Structures
- 10.3. Market Analysis, Insights and Forecast - By Capacity
- 10.3.1 Less Than 500 kW
- 10.3.2 500 kW to 1 MW
- 10.3.3 Above 1 MW
- 10.4. Market Analysis, Insights and Forecast - By Application
- 10.4.1 Commercial
- 10.4.2 Others
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 SunPower (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 Solaire Generation (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 Quest Renewables (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 Borrego Solar (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 Premier Carports (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 Schletter Group (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 Envision 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 Innovative Solar Systems LLC (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 SolarDock (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 Pivot Energy (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 (U.S.)
List of Figures
- Figure 1: U.S. Solar Carport Market Revenue Breakdown (USD Million, %) by Product 2023 & 2031
- Figure 2: U.S. Solar Carport Market Value Share (%), by Type 2023 & 2031
- Figure 3: U.S. Solar Carport Market Value Share (%), by Design 2023 & 2031
- Figure 4: U.S. Solar Carport Market Value Share (%), by Capacity 2023 & 2031
- Figure 5: U.S. Solar Carport Market Value Share (%), by Application 2023 & 2031
- Figure 6: U.S. Solar Carport Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 2: U.S. Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 3: U.S. Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 4: U.S. Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 5: U.S. Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 6: U.S. Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 7: U.S. Solar Carport Market Revenue USD Million Forecast, by Application 2018 & 2031
- Table 8: U.S. Solar Carport Market Volume Thousand Units Forecast, by Application 2018 & 2031
- Table 9: U.S. Solar Carport Market Revenue USD Million Forecast, by Region 2018 & 2031
- Table 10: U.S. Solar Carport Market Volume Thousand Units Forecast, by Region 2018 & 2031
- Table 11: U.S. Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 12: U.S. Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 13: U.S. Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 14: U.S. Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 15: U.S. Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 16: U.S. Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 17: U.S. Solar Carport Market Revenue USD Million Forecast, by Application 2018 & 2031
- Table 18: U.S. Solar Carport Market Volume Thousand Units Forecast, by Application 2018 & 2031
- Table 19: U.S. Solar Carport Market Revenue USD Million Forecast, by Region 2018 & 2031
- Table 20: U.S. Solar Carport Market Volume Thousand Units Forecast, by Region 2018 & 2031
- Table 21: U.S. Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 22: U.S. Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 23: U.S. Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 24: U.S. Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 25: U.S. Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 26: U.S. Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 27: U.S. Solar Carport Market Revenue USD Million Forecast, by Application 2018 & 2031
- Table 28: U.S. Solar Carport Market Volume Thousand Units Forecast, by Application 2018 & 2031
- Table 29: U.S. Solar Carport Market Revenue USD Million Forecast, by Country 2018 & 2031
- Table 30: U.S. Solar Carport Market Volume Thousand Units Forecast, by Country 2018 & 2031
- Table 31: Northeast U.S. Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 32: Northeast U.S. Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 33: Southeast U.S. Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 34: Southeast U.S. Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 35: Midwest U.S. Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 36: Midwest U.S. Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 37: Southwest U.S. Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 38: Southwest U.S. Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 39: West U.S. Solar Carport Market Revenue (USD Million) Forecast, by Application 2018 & 2031
- Table 40: West U.S. Solar Carport Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 41: U.S. Solar Carport Market Revenue USD Million Forecast, by Type 2018 & 2031
- Table 42: U.S. Solar Carport Market Volume Thousand Units Forecast, by Type 2018 & 2031
- Table 43: U.S. Solar Carport Market Revenue USD Million Forecast, by Design 2018 & 2031
- Table 44: U.S. Solar Carport Market Volume Thousand Units Forecast, by Design 2018 & 2031
- Table 45: U.S. Solar Carport Market Revenue USD Million Forecast, by Capacity 2018 & 2031
- Table 46: U.S. Solar Carport Market Volume Thousand Units Forecast, by Capacity 2018 & 2031
- Table 47: U.S. Solar Carport Market Revenue USD Million Forecast, by Application 2018 & 2031
- Table 48: U.S. Solar Carport Market Volume Thousand Units Forecast, by Application 2018 & 2031
- Table 49: U.S. Solar Carport Market Revenue USD Million Forecast, by Country 2018 & 2031
- Table 50: U.S. 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 8.21% from 2018-2032 |
| Segmentation |
|
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