Automotive Solar Carport Charging Station Market to reach $xx Billion by 2030; increasing demand for clean energy solutions, growth in electric vehicle adoption, government incentives and supportive policies, advancements in solar and charging techno

The Automotive Solar Carport Charging Station Market size is estimated to reach $xx Billion by 2030, growing at a CAGR of 15.3% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Automotive Solar Carport Charging Station Market – By Size (Medium and Small Solar Carport Charging Station, Large Solar Carport Charging Station), By Installation Type (Cantilever Solar Carport, Building-Integrated Solar Carport), By Type (One-Car Solar Carport, Two-Car Solar Carport, Multi-Car Solar Carport), By Capacity (Less than 500 kW, 500 kW to 1 MW, Above 1 MW), By Application (Residential, Commercial, Industrial, Infrastructure), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

With the demand for clean energy solutions growing, solar carports are becoming popular as eco-friendly infrastructure. For electric vehicles to grow, the charging networks will need to expand, and solar carports are one way to help. Renewable energy installations are incentivized by the government and supported by policies; thus, solar carports become more feasible. Solar and charging technologies have been improving efficiency and making them more attractive. Solar carports are becoming popular as companies adopt green infrastructure in pursuit of corporate sustainability goals. Finally, solar carports are reliable sources of energy when the demand for off grid and resilient power solutions exists in unstable power areas or remote areas.

Europe accounted for the largest share of 35% of the Automotive Solar Carport Charging Station Market in 2023. Strict emissions standards that are intended to reduce carbon output from vehicles are fueling Europe’s leadership in the Automotive Solar Carport Charging Station Market. The Green Deal's revised Regulation (EU) 2019/631 and its subsequent update for 2023 set a new 55% CO₂ emissions reduction target for new passenger cars and 50% for light commercial vehicles by 2030 with a zero emissions goal by 2035. Another aspect of the “Fit for 55” initiative is the promotion of the switch to greener infrastructure, by encouraging investments in greener technologies, e.g. solar carport charging stations. As Europe sets out to meet aggressive carbon neutrality goals, these solutions help build a resilient market for green charging options that will fit Europe’s climate targets.

The Automotive Solar Carport Charging Station Market is driven by increasing demand for clean energy solutions. Solar carports are an eco-friendly way of reducing the reliance on fossil fuels and improving renewable energy infrastructure. To make solar the EU’s largest source of electricity, the European Union (EU) has set ambitious solar energy targets to increase solar photovoltaic capacity to over 320 gigawatts (GW) by 2025 and nearly 600 GW by 2030. Similarly, the government of India states, India’s renewable energy capacity has crossed 200 GW and plans to reach 500 GW of non-fossil energy by 2030. These indicate global strong commitment to clean energy and are evidences that there is a need for solar carport charging stations in the context of the sustainable energy transition. 

The major driver for Automotive Solar Carport Charging Station Market is increasing adoption of electric vehicles (EVs) as increasing sales in EV is spurring the demand for green charging infrastructure. The global EV market was valued at USD 255.54 billion in 2023 and is set to grow at a rapid compound annual growth rate (CAGR) of 23.42 % from 2024 to 2033 and is estimated to touch around USD 2,108.80 billion in 2033, as per India Brand Equity Foundation (IBEF). As per this trend, the EV sales in India only increased by 20.88 % in May 2024 with 1.39 million units. As more people purchase EVs worldwide, the need for an efficient, renewable charging solution grows as well, and solar carport charging stations make for a perfect infrastructure to meet the environmental and energy needs of this quickly growing market. 

Key companies profiled in the Automotive Solar Carport Charging Station Market are Beam Global, Tesla, SunPower Corporation, Trina Solar, Enel X, Schletter Group, ABB, Structural Solar LLC, EnergyLink, Siemens AG and others.

Smart Car Charger Market - Smart Car Charger Market size was estimated at US $ 7.8 Billion in 2023 and is expected to grow at a compound annual growth rate CAGR of 28.10 % from 2024 to 2030. The market growth is driven by the rising adoption of electric vehicles, advancements in smart charging technology, and government incentives supporting EV infrastructure.

Car Charging Market - Car Charging Market size is estimated to reach $134 billion by 2030, growing at a CAGR of 31.7% during the forecast period 2023-2030. Growth is fueled by increasing electric vehicle demand, expanding charging infrastructure, and favorable regulatory policies supporting clean energy and EV adoption.

Electric Vehicle Charging Station Market - The Electric Vehicle Charging Station Market is forecast to reach $5.6 billion by 2026, growing at a CAGR of 5.0% from 2021 to 2026. Market expansion is driven by the rising popularity of electric vehicles, advancements in fast-charging technology, and government initiatives promoting EV charging networks.