| REPORT ATTRIBUTE |
DETAILS |
| Historical Period |
2020-2023 |
| Base Year |
2024 |
| Forecast Period |
2025-2032 |
| Solar Carport Market Size 2024 |
USD 2,555.00 million |
| Solar Carport Market, CAGR |
7.1% |
| Solar Carport Market Size 2032 |
USD 4422.9 million |
Market Overview:
The Solar Carport Market is projected to grow from USD 2,555.00 million in 2024 to an estimated USD 4422.9 million by 2032, with a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032.
Several factors are propelling the growth of the solar carport market. The rising adoption of electric vehicles has necessitated the development of supportive infrastructure, with solar carports offering an effective solution by combining vehicle shelter with renewable energy generation. Government incentives and policies promoting clean energy have further accelerated market adoption. Technological advancements, such as improved photovoltaic efficiency and the integration of energy storage systems, have enhanced the viability and appeal of solar carports. Additionally, the dual functionality of solar carports—providing shade and generating electricity—makes them an attractive option for both commercial and residential applications. The growing focus on sustainability in corporate campuses and industrial facilities is also leading to increased demand. Furthermore, net metering policies and energy cost savings are encouraging facility managers to invest in solar carport installations.
Regionally, the solar carport market exhibits varied growth patterns. North America currently leads the market, driven by strong government support, high EV adoption rates, and a focus on sustainable infrastructure. Europe follows closely, with countries like the UK considering legislation to mandate solar canopies in new car parks, aiming to enhance renewable energy integration. The Asia-Pacific region is poised for significant growth, particularly in China and India, due to rapid urbanization, increasing energy demand, and favorable government policies promoting solar energy adoption. In Japan and South Korea, space constraints have pushed innovation in solar infrastructure, making solar carports a practical solution. Latin America and the Middle East are also emerging as promising markets, with solar carports gaining attention in large commercial and industrial complexes looking to improve grid independence and reduce operational costs.
Access crucial information at unmatched prices!
Request your sample report today & start making informed decisions powered by Credence Research!
Download Sample
Market Insights:
- The Solar Carport Market is projected to grow from USD 2,555.00 million in 2024 to USD 4,422.9 million by 2032, at a CAGR of 7.1%, reflecting strong global demand for sustainable infrastructure.
- Rising adoption of electric vehicles is creating sustained demand for dual-purpose solar carports that offer both vehicle protection and renewable power for EV charging.
- Government incentives, tax credits, and renewable energy mandates are driving solar carport installations across commercial, municipal, and institutional spaces.
- Technological advancements, including bifacial panels, energy storage integration, and smart energy management systems, are enhancing system performance and operational efficiency.
- High capital expenditure and long payback periods continue to be key challenges, especially for small businesses and public sector buyers with constrained budgets.
- Regulatory hurdles, zoning constraints, and interconnection complexities are slowing deployment in dense urban environments and historic areas.
- North America leads the market due to strong EV uptake and policy support, while Asia-Pacific is emerging rapidly with growing demand in China, India, Japan, and South Korea.
Market Drivers:
Surging Demand for Clean Energy and Decentralized Power Generation Solutions:
The transition to clean energy is a major force driving growth in the solar carport market. Governments, businesses, and institutions are actively shifting toward decentralized power generation to reduce carbon footprints and improve energy security. Solar carports provide an efficient solution by converting existing parking spaces into power-generating assets. This approach supports grid resilience and meets growing sustainability goals. The increasing adoption of net metering and feed-in tariff policies further enhances the economic viability of solar carports. The Solar Carport Market benefits from this global push toward low-emission infrastructure across urban, commercial, and institutional developments. It is gaining traction among property developers seeking to maximize land use efficiency while achieving renewable energy targets.
- For instance, Tata Power’s 6.2 MWp solar carport generates 8.64 million kWh annually, reducing 7,000 tons of carbon emissions each year and 160,000 tons over its lifecycle. Solar carports provide an efficient solution by converting existing parking spaces into power-generating assets.
Rapid Electrification of Transportation and Integration with EV Charging Infrastructure:
The electrification of transportation is another critical driver influencing market growth. As electric vehicle (EV) adoption rises, the demand for EV charging stations grows in parallel. Solar carports offer a dual advantage—shelter for vehicles and onsite solar energy to support EV charging. This synergy aligns with climate policies promoting both clean energy and e-mobility. Businesses and municipalities view solar-integrated EV infrastructure as a long-term investment in sustainable operations. The Solar Carport Market is witnessing increased adoption in fleet operations, retail environments, and public parking facilities. It supports the convergence of renewable energy and sustainable transport systems.
- For example, a solar carport canopy in Taiwan produced 140 MWh/year, charging over 3,000 EVs monthly with 94% lower CO₂ emissions compared to grid electricity. This synergy aligns with climate policies promoting both clean energy and e-mobility.
Supportive Regulatory Environment and Financial Incentives Driving Adoption:
Governments around the world are implementing regulatory frameworks and financial incentives that support the deployment of solar technologies. Incentives such as tax credits, grants, subsidies, and renewable energy certificates reduce initial investment costs and improve return on investment. Local mandates that require solar installations in new developments or large parking structures are accelerating adoption. The Solar Carport Market is directly influenced by these policy initiatives, which encourage commercial and public-sector stakeholders to invest in solar-powered infrastructure. Building code revisions and renewable energy targets at the municipal and state levels further support market expansion. It also benefits from growing institutional investor interest in ESG-compliant infrastructure projects.
Technological Advancements Enhancing Efficiency and Customization Capabilities:
Advances in photovoltaic materials, battery storage systems, and smart energy management platforms are boosting the effectiveness and appeal of solar carports. New technologies allow for higher energy yields, streamlined installation, and better space optimization. Smart inverters and IoT-enabled systems enable real-time performance monitoring and energy distribution. The Solar Carport Market is evolving with customized designs suited for diverse applications—ranging from small-scale residential units to large-scale commercial projects. It offers clients increased flexibility, reliability, and operational control. The growing integration of bifacial panels and modular systems is further elevating the market’s potential.
Market Trends:
Widespread Integration of Electric Vehicle (EV) Charging Stations into Solar Carport Designs:
The fusion of solar carports with EV charging infrastructure is a prominent trend shaping the future of clean mobility. Businesses and municipalities are recognizing the strategic advantage of combining solar energy with vehicle charging, reducing reliance on the grid while lowering operational costs. Carports equipped with charging ports are becoming standard in corporate campuses, shopping centers, and public transportation hubs. This trend aligns with the global push for electric vehicle adoption and sustainable urban planning. The Solar Carport Market is expanding in step with rising EV ownership, particularly in regions with aggressive decarbonization targets. It reflects a growing emphasis on infrastructure that supports emissions-free transportation.
- For example, FlexiSolar’s project at Bentley Motors’ UK headquarters deployed 10,000 panels across 1,378 parking spaces, generating 2.7 MW of power and supporting the company’s sustainability goals.
Expansion of Smart Energy Management Systems and Real-Time Monitoring Capabilities:
Technological innovation is driving the incorporation of smart energy management tools into solar carport systems. These tools enable users to monitor performance, track energy consumption, and adjust energy distribution in real time. Advanced software platforms integrate data from weather forecasts, battery systems, and grid demand to maximize energy efficiency. This digital transformation enhances the functionality of solar carports, especially in commercial and industrial settings. The Solar Carport Market is evolving to meet customer demands for transparency, automation, and cost optimization. It is also reinforcing the value proposition of carports as intelligent energy assets rather than passive infrastructure.
- For example, Antai Technology Co. Ltd. introduced the SnapFit C&I Mounting System, reducing installation time by up to 50%, and by 2023 had shipped 33.2 GW of PV mounting systems globally, highlighting rapid technology adoption.
Customization and Modular Design Driving Market Appeal Across Use Cases:
Flexible system design is emerging as a key trend, with solar carports now offered in modular, scalable formats that suit various property sizes and user needs. Architects and engineers are integrating solar carports into new construction and retrofit projects alike. Customized structures that complement building aesthetics, optimize solar orientation, and accommodate site-specific constraints are in high demand. The Solar Carport Market is gaining momentum in sectors like education, healthcare, logistics, and retail due to this adaptability. It allows property owners to expand renewable energy usage without compromising functional or visual design. The trend supports higher uptake across both urban and rural environments.
Growth in Bifacial Solar Panel Adoption and Enhanced Energy Yield Efficiency:
Bifacial photovoltaic panels, which absorb sunlight from both sides, are being increasingly installed in solar carport structures. These panels provide greater energy output compared to traditional monofacial options, particularly in reflective environments such as parking lots with concrete or light-colored surfaces. This innovation boosts the return on investment for end-users by enhancing energy generation without increasing space requirements. The Solar Carport Market is adopting bifacial technology to improve performance metrics and compete more effectively with rooftop solar and ground-mounted systems. It reflects a broader shift toward maximizing energy harvest in constrained or dual-use locations.
Market Challenges Analysis:
High Initial Capital Costs and Extended Payback Periods Limiting Adoption:
The upfront investment required to install solar carports remains a significant barrier for many potential buyers, particularly small businesses and municipal entities with limited budgets. These systems often involve substantial costs related to structural materials, photovoltaic panels, installation labor, and supporting infrastructure such as energy storage or EV chargers. While long-term energy savings are well-documented, the payback period can extend several years, depending on electricity rates, government incentives, and system efficiency. The Solar Carport Market faces hesitation from stakeholders who seek quicker returns on investment. It continues to compete with more cost-effective alternatives like rooftop solar, which typically require lower installation costs and fewer structural modifications. Uncertainty surrounding future policy incentives can further deter investment decisions.
Land Use Constraints and Regulatory Hurdles Impacting Large-Scale Deployment:
Deploying solar carports in dense urban settings or on constrained properties can present significant spatial and regulatory challenges. Permitting processes vary widely by jurisdiction, leading to delays and cost overruns for developers. Building codes, zoning laws, and aesthetic regulations can restrict the installation of elevated solar structures, particularly in historic districts or mixed-use developments. The Solar Carport Market must also navigate interconnection rules and utility approval processes, which can complicate integration with the local grid. It often faces pushback from stakeholders concerned about changes to site appearance, parking capacity, or construction disruption. These regulatory and spatial issues slow project timelines and reduce market penetration in key metropolitan regions.
Market Opportunities:
Growing Demand from Corporate Sustainability Initiatives and Net-Zero Targets:
Corporations are under increasing pressure to meet environmental, social, and governance (ESG) goals, creating strong demand for visible and effective clean energy solutions. Solar carports offer a practical way for businesses to reduce emissions while maximizing the utility of parking areas. They provide a dual benefit of renewable energy generation and vehicle protection, aligning with green building certifications and net-zero targets. The Solar Carport Market can capitalize on this momentum by offering scalable and customized solutions for corporate campuses, logistics hubs, and retail centers. It presents an opportunity to turn passive infrastructure into strategic energy assets. This trend is expected to drive large-scale adoption across sectors seeking energy cost savings and improved brand reputation.
Expanding Potential in Public Sector and Transportation Infrastructure Projects:
Governments and transit authorities are investing in resilient and sustainable infrastructure, creating a promising opportunity for solar carport installations at airports, train stations, and bus depots. These projects support grid independence, reduce operational costs, and serve as highly visible commitments to clean energy goals. The Solar Carport Market stands to benefit from public-private partnerships and green infrastructure funding. It also aligns with smart city initiatives focused on renewable integration and electrified transport systems. Widespread deployment in public spaces can increase awareness and accelerate policy support for broader adoption.
Market Segmentation Analysis:
By Application
The Solar Carport Market serves diverse applications including commercial, residential, non-profit, public, industrial, regional, and other sectors. Commercial and public segments dominate due to large-scale parking spaces and the need for sustainable infrastructure. Industrial facilities follow closely, integrating solar carports to offset energy costs. Residential adoption is growing with supportive policies and rising EV ownership. Non-profit and regional applications are emerging with government-funded projects and institutional interest.
- For instance, Tata Power’s 6.2 MWp solar carport at a commercial site generates 8.64 million kWh annually, reducing 7,000 tons of carbon emissions each year and providing clean energy for large-scale parking facilities.
By Design Type
Design flexibility drives adoption across various styles such as cantilever, semi-cantilever, portal-frame, and single or two-column systems. Cantilever and L-shape models are widely favored for space efficiency and ease of vehicle movement. T-shape and V-shape designs are common in large-scale commercial installations, while louvered styles offer architectural appeal for premium applications. The Solar Carport Market benefits from structural customization to meet site-specific needs.
- For instance, cantilever and L-shape solar carport models are widely deployed for their space efficiency and ease of vehicle access, as seen in FlexiSolar’s commercial projects across the UK.
By Vehicle Arrangement and Installation Type
One-row, two-row single slope, and two-row dual slope arrangements allow modular planning and optimization of space. Installation types include single-row, double-row, cantilever, and integrated solar carports. Cantilever models remain the most adopted due to minimal obstruction and structural simplicity.
Segmentation:
By Application
- Commercial
- Residential
- Non-profit
- Public
- Industrial
- Regional
- Other
By Design Type
- T-shape
- V-shape
- L-shape
- Y-shape
- Cantilever
- Semi-cantilever
- W-frame
- Portal-frame
- Single Column Cantilever
- Two Column Styles
- Louvered Styles
By Vehicle Arrangement
- One-row vehicle arrangement carport
- Two-row single slope arrangement
- Two-row dual slope arrangement
By Installation Type
- Single-row solar carports
- Double-row solar carports
- Cantilever solar carports
- Integrated solar carports
By Capacity
- Less than 10 kW
- 10–100 kW
- 100–250 kW
- More than 250 kW
- Less than 500 kW
- 500 kW to 1 MW
- Above 1 MW
By Roof Type
- Metal roof
- Flat roof
- Shingle roof
- Tile roof
By Carport Type
- Freestanding
- Ground mounted
- Attached
By Material
- Aluminum
- Steel
- Wood
- Composite materials
By Region
- North America
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East
- GCC Countries
- Israel
- Turkey
- Rest of Middle East
- Africa
- South Africa
- Egypt
- Rest of Africa
Regional Analysis:
North America
North America holds the largest share of the Solar Carport Market, accounting for approximately 35% to 38% of global revenue. Strong federal and state-level incentives, widespread EV adoption, and sustainability goals are driving deployment in the United States and Canada. Commercial and public sector investments are leading market expansion, with solar carports integrated into schools, hospitals, retail centers, and corporate campuses. Utility-led programs and net metering policies also support project feasibility. The U.S. remains a key innovator, with companies focusing on modular, high-capacity, and EV-integrated systems. It continues to benefit from a favorable regulatory framework and high consumer awareness.
Europe
Europe represents around 25% to 28% of the global Solar Carport Market. Countries such as Germany, the Netherlands, France, and the United Kingdom are actively implementing policies to promote solar adoption in urban and transport infrastructure. Solar carports are gaining traction in commercial car parks and public transportation hubs due to space-efficient renewable generation. The European Green Deal and related emissions targets have accelerated investments in carport systems that support e-mobility. In the UK, proposed mandates to install solar canopies in new parking facilities are expected to further boost demand. It is seeing increased adoption in smart cities and sustainability-focused real estate developments.
Asia Pacific, Middle East & Africa, and Latin America
Asia Pacific accounts for 22% to 25% of the Solar Carport Market, with China, India, Japan, and South Korea showing high growth potential. Rapid urbanization, government-backed renewable energy targets, and space constraints in cities are driving installations. In Japan and South Korea, vertical and bifacial solar carport systems are emerging to address land limitations. The Middle East & Africa region contributes 5% to 7%, where solar investments are rising in line with diversification plans and energy independence goals. Latin America holds 4% to 6% of the market, led by Brazil and Mexico, where solar carports are used in large retail and industrial spaces. It is gaining traction as part of broader solar energy infrastructure initiatives across emerging economies.
Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!
Key Player Analysis:
- Schletter Group
- SunPower Corporation
- Tata Power
- Antai Solar (Antai Technology Co. Ltd)
- Mahindra Solarize
- Enerparc
- Positive Energy Solar
- Quest Renewables
- Ganges International
- Reenergy
- Xiamen Mibet New Energy Co. Ltd (Mibet)
- Baja Carports
- Kern Solar Structures
- Sunify Solar
- Shobha Globs
Competitive Analysis:
The Solar Carport Market features a mix of global and regional players competing across design innovation, structural engineering, and turnkey project capabilities. Companies such as SunPower Corporation, Schletter Group, and Antai Solar lead in advanced modular systems and international project execution. Tata Power and Mahindra Solarize maintain strong presence in South Asia through integrated utility and EPC services. Baja Carports and Kern Solar Structures specialize in custom steel solutions for large-scale installations in North America. Emerging players like Quest Renewables and Sunify Solar focus on fast-deployment models and EV charging integration. The market favors companies with strong design portfolios, supply chain control, and experience in regulatory compliance. It rewards firms that combine cost efficiency with structural durability, especially in commercial and public infrastructure segments. Strategic partnerships and government tenders play a key role in securing market share, particularly in regions with high solar adoption targets.
Recent Developments:
- In May 2025, the Schletter Group launched the Schletter SunRide, a new modular solar carport system available as single or double-panel configurations for installations larger than 750 kWp. The SunRide features a slim, self-supporting design with a single central support, enabling optimal use of parking areas and is now offered in all international markets.
- In May 2025, SunPower Corporation, as part of TCL SunPower Global, announced the launch of a revamped integrated solar and energy storage product portfolio at Intersolar Europe 2025. The new offerings include the SunPower Home Energy Storage solution—an expandable 5 kWh battery system with an 8-13 kW hybrid inverter—and the M Class panels, which are expected to reach 25% efficiency for residential and 24.4% for commercial applications.
- In April 2025, Tata Power, in partnership with Tata Motors, inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Pune. The 6.2 MWp installation spans over 30,000 square meters, generates 8.64 million kWh of electricity annually, and is estimated to reduce 7,000 tons of carbon emissions each year.
- In May 2025, Antai Solar showcased its full portfolio of photovoltaic mounting solutions, including specialized solar carport structures, at Intersolar Europe 2025. During the event, Antai Solar signed a 120 MW distribution agreement with Sunliberty, a French distributor, further strengthening its presence in the European market.
Market Concentration & Characteristics:
The Solar Carport Market is moderately concentrated, with a mix of established global firms and regional specialists competing on design, materials, and installation capabilities. It features a fragmented structure in emerging markets, while developed regions show higher consolidation driven by large-scale projects and policy-backed deployments. The market favors companies that offer turnkey solutions, structural customization, and integration with EV charging systems. It exhibits strong demand in commercial, public, and industrial sectors where energy savings and land optimization are key. Innovation in cantilever and bifacial designs, along with pre-engineered systems, defines the competitive landscape. The market continues to evolve with rising demand for modular scalability, long-term durability, and smart energy management integration.
Report Coverage:
The research report offers an in-depth analysis based on By Application, By Design Type, By Vehicle Arrangement, By Installation Type, By Capacity, By Roof Type, By Carport Type and By Material. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
- Demand for solar carports will rise with increasing adoption of electric vehicles and the need for integrated charging infrastructure.
- Advancements in bifacial solar panels and smart inverters will improve system efficiency and market appeal.
- Corporate sustainability commitments and ESG targets will drive large-scale installations in commercial and industrial sectors.
- Government incentives and renewable energy mandates will continue to accelerate project approvals and deployments.
- Space-constrained urban areas will adopt modular and elevated carport systems to maximize land use.
- Emerging economies in Asia Pacific and Latin America will present high-growth opportunities due to expanding solar capacity.
- Integration with battery storage and energy management platforms will become a key differentiator.
- Public infrastructure, including schools, hospitals, and transport hubs, will see increased investment in solar carports.
- Material innovation, especially in lightweight aluminum and corrosion-resistant steel, will support structural expansion.
- Competitive dynamics will favor firms offering turnkey, customizable, and scalable solar carport solutions.
