Quick Summary:
As the world steadily shifts towards renewable sources of power, the Airport Solar Power Market is set to offer crucial opportunities for progress and investment. With an anticipated reach of $916.7 Million by 2030, there is a clear indication of the increasing adoption of this technology in the airport industry worldwide. Strategies such as ground-mounted and roof-mounted airport solar power systems are projected to thrive during this growth period.
Additionally, key economic powerhouses such as the U.S and China are at the forefront of this market expansion, presenting lucrative opportunities for business expansion and synergy. Alongside these are emerging markets like Japan, Canada, and Germany, which are also projected to grow steadily in the same timeframe. Our market research report also offers you a glimpse into the competitive landscape, featuring total of 12 major industry players, further illuminating the potential this market possesses for strategic partnerships and business growth enhancements.
Global Airport Solar Power Market to Reach $916.7 Million by 2030
The global market for Airport Solar Power estimated at US$638.3 Million in the year 2022, is projected to reach a revised size of US$916.7 Million by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Ground Mounted Airport Solar Power Systems, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$735.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Roof Mounted Airport Solar Power Systems segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $190.7 Million, While China is Forecast to Grow at 4.2% CAGR
The Airport Solar Power market in the U.S. is estimated at US$190.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$159 Million by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 12 Featured) -
- Ameresco, Inc.
- Canadian Solar, Inc.
- Emmvee Solar Systems Private Limited
- Robert Bosch GmbH
- Solar Energy Corporation of India Ltd.
- Solar Frontier K.K.
- Solaropti ApS
- SunEdison, Inc.
- TECO Energy, an Emera Company
- Vikram Solar Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Airport Solar Power?
What is the growth rate of the Global Market for Airport Solar Power?
What is the forecasted size of the Global Market for Airport Solar Power?
Who are the key companies in the Global Market for Airport Solar Power?
| Report Attribute | Details |
|---|---|
| No. of Pages | 229 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 638.3 Million |
| Forecasted Market Value ( USD | $ 916.7 Million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ameresco, Inc.
- Canadian Solar, Inc.
- Emmvee Solar Systems Private Limited
- Robert Bosch GmbH
- Solar Energy Corporation of India Ltd.
- Solar Frontier K.K.
- Solaropti ApS
- SunEdison, Inc.
- TECO Energy, an Emera Company
- Vikram Solar Limited
