New Analysis from Global Industry Analysts Reveals Steady Growth for Airport Solar Power, with the Market to Reach $759.8 Million Worldwide by 2026

Aug 20, 2021

 
 
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Airport Solar Power – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 453
Companies: 10 – Players covered include 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 and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Ground Mounted Airport Solar Power Systems, Roof Mounted Airport Solar Power Systems)
Geographies: World; United StatesCanadaJapanChinaEurope (FranceGermanyItalyUnited Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Airport Solar Power Market to Reach $759.8 Million by 2026
Amid the COVID-19 crisis, the global market for Airport Solar Power estimated at US$548.3 Million in the year 2020, is projected to reach a revised size of US$759.8 Million by 2026, growing at a CAGR of 5.4% over the analysis period. Ground Mounted Airport Solar Power Systems, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$645.5 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Roof Mounted Airport Solar Power Systems segment is readjusted to a revised 6.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $155.9 Million in 2021, While China is Forecast to Reach $120.4 Million by 2026
The Airport Solar Power market in the U.S. is estimated at US$155.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$120.4 Million by the year 2026 trailing a CAGR of 5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.3% respectively over the analysis period. Within EuropeGermany is forecast to grow at approximately 4.5% CAGR. More

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com