Solar car parks and EV charging point forecasts

LCP Delta provided a comprehensive analysis of the potential for combining solar car parks and EV charge points in major European markets, identifying key growth opportunities and barriers.

The client background

The client is a global manufacturer in energy management and automation equipment, dedicated to driving innovation and sustainability. They wanted to investigate the prospective growth and evolution of the solar car park market – a growing industry sector combining solar PV and electric vehicle (EV) charging point in car parks

What the client needed and their key question(s)

The client sought to assess the growth potential of solar car parks across three major European markets – United Kingdom, France and Germany. The client believes this will accelerate the deployment of EV charging infrastructure and therefore it wanted to know:

• What the technical potential for solar car parks in these markets are, and how much of that potential has currently been realised?
• What the growth outlook for solar car park installations through 2030 would look like?
• What the key drivers and barriers to the growth of solar carparks?

Our solution

LCP Delta conducted an in-depth market study and utilised our deep experience of forecasting deployment of new technologies to help the client get a clear view on the market outlook for solar car parks. We:

• Analysed current market trends and regulatory frameworks impacting solar car parks and EV charging infrastructure.
• Assessed the technical capabilities and potential for deploying solar car parks and EV charging infrastructure in key markets.
• Evaluated the drivers and barriers for the solar car park segment.
• Forecast the projected market growth for solar car parks.
• Engaged key market players to test and validate our forecast.

Our impact

Drawing on our internal insights and expertise, LCP Delta equipped the client with critical information to guide their strategic direction in the rapidly growing European solar car park and EV charging market. This included insights into current and future market dynamics, as well as potential growth opportunities. The client extended this study to other European markets with the aim of building infrastructure that supports the growth potential.