
Saudi Arabia Solar Canopy Carport Market - By Canopy Type (Mono-pitch, Duo-pitch, Barrel Arch); By Carport Type (1-Row Vehicle Arrangement Carport, 2-Row Single Slope Vehicle Arrangement, 2-Row Dual Slope Vehicle Arrangement); By Design (Cantilever Design
Description
Saudi Arabia Solar Canopy Carport Market - By Canopy Type (Mono-pitch, Duo-pitch, Barrel Arch); By Carport Type (1-Row Vehicle Arrangement Carport, 2-Row Single Slope Vehicle Arrangement, 2-Row Dual Slope Vehicle Arrangement); By Design (Cantilever Design, W Frame Design); By End-user (Residential, Commercial, Industrial); By Region (North & Central Region, Eastern Region, Western Region, Southern Region), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
Saudi Arabia Solar Canopy Carport Market Size Set to Grow at Steady CAGR of 5.5% to Cross USD 19.7 Million by 2029
Saudi Arabia solar canopy carport market is flourishing because of increasing demand for residential use, growing demand for sustainable energy, and rising demand for electric vehicles.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia solar canopy carport market size at USD 13.69 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Saudi Arabia solar canopy carport market size to grow at a significant CAGR of 5.47% reaching a value of USD 19.73 million by 2029. Major growth factors of Saudi Arabia solar canopy carport market include increasing government initiatives, rising energy costs, and a growing awareness of the environmental benefits of renewable energy. In particular, the Saudi government has set ambitious targets for renewable energy deployment as part of its Vision 2030 program, which aims to reduce the country's reliance on oil and gas and promote economic diversification. Likewise, to the environmental benefits of solar carports, they also offer a range of practical advantages. For instance, they can provide shade and protection from the elements for parked cars, reducing the need for expensive parking structures and potentially lowering insurance costs. They can also be used as a source of revenue for property owners, who can sell excess energy back to the grid. These factors are expected to boost the expansion of Saudi Arabia solar canopy carport market during the period in analysis. However, high installation costs and limited regulations are anticipated to limit the growth of overall market.
Saudi Arabia Solar Canopy Carport Market – Overview
A solar carport is a shaded building with solar panels built in that houses and safeguards vehicle from the elements. The structure is normally composed of stainless steel and rests on a concrete foundation. The solar panels are mounted to the roof of the structure, making a solar panel system. Solar carports are a sort of solar canopy that falls under the category of solar canopies. Solar canopies, often known as solar pergolas, are a type of shaded solar system. They provide shade for parked cars and other motor vehicles. Several carports can be outfitted with electric vehicle charging stations as an additional perk for vehicles sheltered beneath. Solar canopies are used well after dark. This solar energy is utilized to operate HVAC systems, lights, computers, and other electrical equipment to minimize energy use, and carports can provide enough stored energy to assist offset energy bills.
Saudi Arabia Solar Canopy Carport Market – By Carport Type
Based on carport type, Saudi Arabia solar canopy carport market is divided into 1-Row Vehicle Arrangement Carport, 2-Row Single Slope Vehicle Arrangement, and 2-Row Dual Slope Vehicle Arrangement segments. The two-row dual slope vehicle arrangement segment is expected to hold the highest market share during the forecast period. A two-row vehicle arrangement carport features a single sloped roof supported by a serios of beams or supports. This structure is simple but highly effective. This carport can extend from an existing building or structure with a wall mounting or stand separately on columns. For commercial purposes, two-row carports make sense as it takes relatively less space, and lesser materials are required to park more vehicles. Furthermore, a one-row vehicle arrangement carport is generally suitable for the small oriented parking areas and is likely to grow significantly during the forecast period.
Competitive Landscape
Major players operating in Saudi Arabia solar canopy carport market include Alsa Solar Systems, Suntech Saudi Arabia, Flexshade, Schletter Group, Premier Solar Technologies, SunPower, and Enerwhere. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Saudi Arabia Solar Canopy Carport Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Solar Canopy Carport Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Saudi Arabia Solar Canopy Carport Market Size Set to Grow at Steady CAGR of 5.5% to Cross USD 19.7 Million by 2029
Saudi Arabia solar canopy carport market is flourishing because of increasing demand for residential use, growing demand for sustainable energy, and rising demand for electric vehicles.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia solar canopy carport market size at USD 13.69 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Saudi Arabia solar canopy carport market size to grow at a significant CAGR of 5.47% reaching a value of USD 19.73 million by 2029. Major growth factors of Saudi Arabia solar canopy carport market include increasing government initiatives, rising energy costs, and a growing awareness of the environmental benefits of renewable energy. In particular, the Saudi government has set ambitious targets for renewable energy deployment as part of its Vision 2030 program, which aims to reduce the country's reliance on oil and gas and promote economic diversification. Likewise, to the environmental benefits of solar carports, they also offer a range of practical advantages. For instance, they can provide shade and protection from the elements for parked cars, reducing the need for expensive parking structures and potentially lowering insurance costs. They can also be used as a source of revenue for property owners, who can sell excess energy back to the grid. These factors are expected to boost the expansion of Saudi Arabia solar canopy carport market during the period in analysis. However, high installation costs and limited regulations are anticipated to limit the growth of overall market.
Saudi Arabia Solar Canopy Carport Market – Overview
A solar carport is a shaded building with solar panels built in that houses and safeguards vehicle from the elements. The structure is normally composed of stainless steel and rests on a concrete foundation. The solar panels are mounted to the roof of the structure, making a solar panel system. Solar carports are a sort of solar canopy that falls under the category of solar canopies. Solar canopies, often known as solar pergolas, are a type of shaded solar system. They provide shade for parked cars and other motor vehicles. Several carports can be outfitted with electric vehicle charging stations as an additional perk for vehicles sheltered beneath. Solar canopies are used well after dark. This solar energy is utilized to operate HVAC systems, lights, computers, and other electrical equipment to minimize energy use, and carports can provide enough stored energy to assist offset energy bills.
Saudi Arabia Solar Canopy Carport Market – By Carport Type
Based on carport type, Saudi Arabia solar canopy carport market is divided into 1-Row Vehicle Arrangement Carport, 2-Row Single Slope Vehicle Arrangement, and 2-Row Dual Slope Vehicle Arrangement segments. The two-row dual slope vehicle arrangement segment is expected to hold the highest market share during the forecast period. A two-row vehicle arrangement carport features a single sloped roof supported by a serios of beams or supports. This structure is simple but highly effective. This carport can extend from an existing building or structure with a wall mounting or stand separately on columns. For commercial purposes, two-row carports make sense as it takes relatively less space, and lesser materials are required to park more vehicles. Furthermore, a one-row vehicle arrangement carport is generally suitable for the small oriented parking areas and is likely to grow significantly during the forecast period.
Competitive Landscape
Major players operating in Saudi Arabia solar canopy carport market include Alsa Solar Systems, Suntech Saudi Arabia, Flexshade, Schletter Group, Premier Solar Technologies, SunPower, and Enerwhere. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Saudi Arabia Solar Canopy Carport Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Solar Canopy Carport Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
200 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Solar Canopy Carport Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rise in Demand for Electric Vehicles
- 3.2.1.2. Growing Demand due to High Fuel Prices
- 3.2.1.3. Increase in Demand for Residential Use
- 3.2.2. Restraints
- 3.2.2.1. High Installation Costs
- 3.2.2.2. Limited Regulations
- 3.2.3. Opportunities
- 3.2.3.1. Rising Utility Costs Creates an Opportunity for Clean Energy Sources
- 3.2.3.2. Rise in Corporate Social Responsibility
- 3.2.3.3. Increasing Government Sustainability Programs
- 3.2.4. Challenges
- 3.2.4.1. Lack of Skilled Labor
- 3.2.4.2. Intense Competition
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Solar Canopy Carport Market Overview
- 4.1. Market Size & Forecast by Value, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Canopy Type
- 4.2.1.1. Mono-pitch
- 4.2.1.2. Duo-pitch
- 4.2.1.3. Barrel Arch
- 4.2.2. By Carport Type
- 4.2.2.1. 1-Row Vehicle Arrangement Carport
- 4.2.2.2. 2-Row Single Slope Vehicle Arrangement
- 4.2.2.3. 2-Row Dual Slope Vehicle Arrangement
- 4.2.3. By Design
- 4.2.3.1. Cantilever Design
- 4.2.3.2. W Frame Design
- 4.2.4. By End User
- 4.2.4.1. Residential
- 4.2.4.2. Commercial
- 4.2.4.3. Industrial
- 4.2.4.4. Others
- 4.2.5. By Region
- 4.2.5.1. North & Central Region
- 4.2.5.2. Eastern Region
- 4.2.5.3. Western Region
- 4.2.5.4. Southern Region
- 5. North & Central Region Solar Canopy Carport Market Overview
- 5.1. Market Size & Forecast by Value, 2019–2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Canopy Type
- 5.2.2. By Carport Type
- 5.2.3. By Design
- 5.2.4. By End-user
- 6. Eastern Region Solar Canopy Carport Market Overview
- 6.1. Market Size & Forecast by Value, 2019–2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Canopy Type
- 6.2.2. By Carport Type
- 6.2.3. By Design
- 6.2.4. By End-user
- 7. Western Region Solar Canopy Carport Market Overview
- 7.1. Market Size & Forecast by Value, 2019–2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Canopy Type
- 7.2.2. By Carport Type
- 7.2.3. By Design
- 7.2.4. By End-user
- 8. Southern Region Solar Canopy Carport Market Overview
- 8.1. Market Size & Forecast by Value, 2019–2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Canopy Type
- 8.2.2. By Carport Type
- 8.2.3. By Design
- 8.2.4. By End-user
- 9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. Saudi Arabia Solar Canopy Carport Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
- 10. Impact of Covid-19 on Saudi Arabia Solar Canopy Carport Market
- 11. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook and SWOT Analysis)
- 11.1. Alsa Solar Systems
- 11.2. Suntech Saudi Arabia
- 11.3. Flexshade
- 11.4. Schletter Group
- 11.5. Premier Solar Technologies
- 11.6. SunPower
- 11.7. Enerwhere
- 11.8. Other prominent players
- 12. Key Strategic Recommendations
- 13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Region
- 13.5. Assumptions & Limitations
- *Financial information in case of non-listed companies will be provided as per availability
- **The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
- List of Figures
- Figure 1 Saudi Arabia Solar Canopy Carport Market Segmentation
- Figure 2 Saudi Arabia Solar Canopy Carport Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Saudi Arabia Solar Canopy Carport Market Size, By Value (USD Million), 2019−2029
- Figure 5 Saudi Arabia Solar Canopy Carport Market Share, By Canopy Type, By Value, 2019−2029
- Figure 6 Saudi Arabia Solar Canopy Carport Market Share, By Carport Type, By Value, 2019−2029
- Figure 7 Saudi Arabia Solar Canopy Carport Market Share, By Design, By Value, 2019−2029
- Figure 8 Saudi Arabia Solar Canopy Carport Market Share, By End User, By Value, 2019−2029
- Figure 9 North & Central Saudi Arabia Solar Canopy Carport Market Share, By Region, By Value, 2019−2029
- Figure 10 North & Central Saudi Arabia Solar Canopy Carport Market Size, By Value (USD Million), 2019−2029
- Figure 11 North & Central Saudi Arabia Solar Canopy Carport Market Share, By Canopy Type, By Value, 2019−2029
- Figure 12 North & Central Saudi Arabia Solar Canopy Carport Market Share, By Carport Type, By Value, 2019−2029
- Figure 13 North & Central Saudi Arabia Solar Canopy Carport Market Share, By Design, By Value, 2019−2029
- Figure 14 North & Central Saudi Arabia Solar Canopy Carport Market Share, By End User, By Value, 2019−2029
- Figure 15 Eastern Saudi Arabia Solar Canopy Carport Market Size, By Value (USD Million), 2019−2029
- Figure 16 Eastern Saudi Arabia Solar Canopy Carport Market Share, By Canopy Type, By Value, 2019−2029
- Figure 17 Eastern Saudi Arabia Solar Canopy Carport Market Share, By Carport Type, By Value, 2019−2029
- Figure 18 Eastern Saudi Arabia Solar Canopy Carport Market Share, By Design, By Value, 2019−2029
- Figure 19 Eastern Saudi Arabia Solar Canopy Carport Market Share, By End User, By Value, 2019−2029
- Figure 20 Western Saudi Arabia Solar Canopy Carport Market Size, By Value (USD Million), 2019−2029
- Figure 21 Western Saudi Arabia Solar Canopy Carport Market Share, By Canopy Type, By Value, 2019−2029
- Figure 22 Western Saudi Arabia Solar Canopy Carport Market Share, By Carport Type, By Value, 2019−2029
- Figure 23 Western Saudi Arabia Solar Canopy Carport Market Share, By Design, By Value, 2019−2029
- Figure 24 Western Saudi Arabia Solar Canopy Carport Market Share, By End User, By Value, 2019−2029
- Figure 25 Southern Saudi Arabia Solar Canopy Carport Market Size, By Value (USD Million), 2019−2029
- Figure 26 Southern Saudi Arabia Solar Canopy Carport Market Share, By Canopy Type, By Value, 2019−2029
- Figure 27 Southern Saudi Arabia Solar Canopy Carport Market Share, By Carport Type, By Value, 2019−2029
- Figure 28 Southern Saudi Arabia Solar Canopy Carport Market Share, By Design, By Value, 2019−2029
- Figure 29 Southern Saudi Arabia Solar Canopy Carport Market Share, By End User, By Value, 2019−2029
- List of Tables
- Table 1 Saudi Arabia Solar Canopy Carport Market Size, By Canopy Type, By Value, 2019−2029
- Table 2 Saudi Arabia Solar Canopy Carport Market Size, By Carport Type, By Value, 2019−2029
- Table 3 Saudi Arabia Solar Canopy Carport Market Size, By Design, By Value, 2019−2029
- Table 4 Saudi Arabia Solar Canopy Carport Market Size, By End User, By Value, 2019−2029
- Table 5 North & Central Saudi Arabia Solar Canopy Carport Market Size, By Region, By Value, 2019−2029
- Table 6 North & Central Saudi Arabia Solar Canopy Carport Market Size, By Canopy Type, By Value, 2019−2029
- Table 7 North & Central Saudi Arabia Solar Canopy Carport Market Size, By Carport Type, By Value, 2019−2029
- Table 8 North & Central Saudi Arabia Solar Canopy Carport Market Size, By Design, By Value, 2019−2029
- Table 9 North & Central Saudi Arabia Solar Canopy Carport Market Size, By End User, By Value, 2019−2029
- Table 10 Eastern Saudi Arabia Solar Canopy Carport Market Size, By Canopy Type, By Value, 2019−2029
- Table 11 Eastern Saudi Arabia Solar Canopy Carport Market Size, By Carport Type, By Value, 2019−2029
- Table 12 Eastern Saudi Arabia Solar Canopy Carport Market Size, By Design, By Value, 2019−2029
- Table 13 Eastern Saudi Arabia Solar Canopy Carport Market Size, By End User, By Value, 2019−2029
- Table 14 Western Saudi Arabia Solar Canopy Carport Market Size, By Canopy Type, By Value, 2019−2029
- Table 15 Western Saudi Arabia Solar Canopy Carport Market Size, By Carport Type, By Value, 2019−2029
- Table 16 Western Saudi Arabia Solar Canopy Carport Market Size, By Design, By Value, 2019−2029
- Table 17 Western Saudi Arabia Solar Canopy Carport Market Size, By End User, By Value, 2019−2029
- Table 18 Southern Saudi Arabia Solar Canopy Carport Market Size, By Canopy Type, By Value, 2019−2029
- Table 19 Southern Saudi Arabia Solar Canopy Carport Market Size, By Carport Type, By Value, 2019−2029
- Table 20 Southern Saudi Arabia Solar Canopy Carport Market Size, By Design, By Value, 2019−2029
- Table 21 Southern Saudi Arabia Solar Canopy Carport Market Size, By End User, By Value, 2019−2029
- Table 22 Alsa Solar Systems Company Overview
- Table 23 Alsa Solar Systems Financial Overview
- Table 24 Suntech Saudi Arabia Company Overview
- Table 25 Suntech Saudi Arabia Financial Overview
- Table 26 Flexshade Company Overview
- Table 27 Flexshade Financial Overview
- Table 28 Schletter Group Company Overview
- Table 29 Schletter Group Financial Overview
- Table 30 Premier Solar Technologies Company Overview
- Table 31 Premier Solar Technologies Financial Overview
- Table 32 SunPower Company Overview
- Table 33 SunPower Financial Overview
- Table 34 Enerwhere Company Overview
- Table 35 Enerwhere Financial Overview
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