U.S. Solar Carport Market 2014-2018: Landscape, Outlook And Leading Companies
The solar carport market has become an increasingly substantial sector within the non-residential solar market and the United States solar industry as a whole, growing to 157 MW in 2013. 2014 is expected to be the fourth consecutive year during which greater than 100 MW of solar carport installations were installed. Historically seen as a niche market, recent growth is attributed to falling system prices as well as a shift in the value proposition of solar carports themselves towards educational, government, and non-profit customers aiming for targeted savings on electricity bills. Developers have used this tactic and have exploited state-level incentives to grow the market at a CAGR of 45% from 2010 to 2014.