Global Airport Solar Power Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Ground-Mounted Airport Solar Power System, Roof-Mounted Airport Solar Power System, Remote Airport Solar Power System, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn346797103 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Airport Solar Power Market (USD Million), 2020 - 2030

In the year 2023, the Global Airport Solar Power Market was valued at USD 574.79 million. The size of this market is expected to increase to USD 830.61 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The aviation sector's substantial energy requirements and consequent greenhouse gas emissions have prompted a global push towards renewable energy solutions. Solar power emerges as a highly efficient alternative, offering a means to mitigate emissions associated with high energy consumption in airports. With the ability to produce onsite energy, airport solar power systems present a reliable and cost-effective option for reducing greenhouse gas emissions.

Despite the increasing global concern over greenhouse gas emissions, the high initial capital expenditure required for deploying solar power infrastructure remains a significant hurdle for the airport solar power market. Nevertheless, governments worldwide are introducing regulations aimed at reducing emissions by promoting renewable energy sources, which is expected to drive market growth. This regulatory environment presents opportunities for the airport solar power market to expand its foothold in the renewable energy sector.

A specialized analysis of the global Airport Solar Power Market reveals a focus on market trends, segmentation, and growth opportunities. The report provides insights into key market drivers, including the push towards renewable energy and the need to reduce greenhouse gas emissions. Additionally, it examines factors affecting market dynamics, such as restraints and future trends, while also conducting an exhaustive PEST analysis to evaluate political, economic, social, and technological factors impacting market growth. Leading industry players, including Ameresco, Canadian Solar Inc, and Robert Bosch GmbH, are profiled in the study, offering insights into their SWOT analysis and market strategies, which contribute to shaping the airport solar power market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Region
  4. Global Airport Solar Power Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Environmental Concerns
        2. Government Initiatives
        3. Cost Savings
      2. Restraints:
        1. Intermittent Nature of Solar Power
        2. Land Constraints
        3. High Initial Investment
      3. Opportunities:
        1. Government Incentives and Policies
        2. Technological Advancements
        3. Rising Environmental Awareness
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Airport Solar Power Market, By Product Type, 2022 - 2032 (USD Million)
      1. Ground-Mounted Airport Solar Power System
      2. Roof-Mounted Airport Solar Power System
      3. Remote Airport Solar Power System
      4. Others
    2. Global Airport Solar Power Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ameresco
      2. Robert Bosch GmbH
      3. Canadian Solar
      4. Gaia Solar A/S
      5. Solar Energy Corporation of India
      6. SunEdison
      7. Solar Frontier
      8. EMMVEE Solar Systems Pvt. Ltd
      9. Vikram Solar
      10. Indo Solar
  7. Analyst Views
  8. Future Outlook of the Market