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MarkNtel Advisors recently published a detailed industry analysis of the Global Building Integrated Photovoltaics Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Building Integrated Photovoltaics Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Building Integrated Photovoltaics Market size is valued at USD 20.80 billion in 2023 & is expected to reach around USD 90 billion in 2030. The market is estimated to grow at a CAGR of around 19.64% during the forecast period, i.e., 2025-30.
Key Findings in Global Building Integrated Photovoltaics Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- AGC Glass, Canadian Solar, Heliatek GmbH, BIPVco Limited, Yingli Solar Co., Hanergy Holding Group Ltd., Kyocera Corporation, Ascent Solar Technologies, Sharp Corporation, Schott AG, Solaria Corporation, Hanwha Group, Sunpower Corporation, United Solar Ovonic Corp, First Solar Inc., and Others.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Building Integrated Photovoltaics Market?
Depleting Non-renewable Power Resources & Rising Construction of Green Buildings – Over the years, non-renewable power resources such as Oil, Natural Gas, and Coal have remained the major resources responsible for electricity production. Based on the statistics provided by the Our World Data Organization, the share of these finite resources during power generation is more than 50%. However, the consistent usage of these commodities & over-exploration of the oil fields has led to the depletion of these resources.
Around 90 billion global natural resources are being depleted every year, based on the statistics by the Gitnux Organization. This is becoming a point of concern for the end-users, like industrial & commercial since they rely heavily on these resources to conduct the daily operational tasks. Therefore, to mitigate the energy security risk, these end-users are shifting towards solutions that utilize renewable resources. Hence, the Buildings Integrated Photovoltaics Market is witnessing market growth.
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What segments define the Global Building Integrated Photovoltaics Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Product Type
- Roofing Products- Market Size & Forecast 2020-2030, USD Million
- Covering & Shading Elements- Market Size & Forecast 2020-2030, USD Million
- Glass products- Market Size & Forecast 2020-2030, USD Million
- Vertical Products- Market Size & Forecast 2020-2030, USD Million
By Technology
- Silicon-based- Market Size & Forecast 2020-2030, USD Million
- Crystalline Silicon (C-Si)- Market Size & Forecast 2020-2030, USD Million
- Amorphous Silicon (A-Si) - Market Size & Forecast 2020-2030, USD Million
- Multi-crystalline Silicon (mc-Si) - Market Size & Forecast 2020-2030, USD Million
- Pseudo-crystalline Silicon (pc-Si) - Market Size & Forecast 2020-2030, USD Million
- Thin Film - Market Size & Forecast 2020-2030, USD Million
- Copper Indium Gallium Diselenide Solar Cells- Market Size & Forecast 2020-2030, USD Million
- Cadmium Telluride Thin-Film Solar Cells- Market Size & Forecast 2020-2030, USD Million
- Others - Market Size & Forecast 2020-2030, USD Million
According to report, Silicon-based technology holds a prominent market share in the Building Integrated Photovoltaics Market market.
By Application
- Roof- Market Size & Forecast 2020-2030, USD Million
- Walls & Facade- Market Size & Forecast 2020-2030, USD Million
- Glass- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
By End User
- Residential- Market Size & Forecast 2020-2030, USD Million
- Commercial- Market Size & Forecast 2020-2030, USD Million
- Offices- Market Size & Forecast 2020-2030, USD Million
- Retail- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- Hospitality- Market Size & Forecast 2020-2030, USD Million
- Industrial- Market Size & Forecast 2020-2030, USD Million
- Government- Market Size & Forecast 2020-2030, USD Million
- Agrivoltaics- Market Size & Forecast 2020-2030, USD Million
- Others (Educational Institutes, etc.)- Market Size & Forecast 2020-2030, USD Million
According to report, Industrial holds a dominant market share in the Building Integrated Photovoltaics Market Market.
By Demand Type
- New Installation- Market Size & Forecast 2020-2030, USD Million
- Retrofitting- Market Size & Forecast 2020-2030, USD Million
Explore the Complete Global Building Integrated Photovoltaics Market Analysis Report – https://www.marknteladvisors.com/research-library/building-integrated-photovoltaics-market.html
Geographical Analysis: Global Building Integrated Photovoltaics Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Building Integrated Photovoltaics Market Recent Development:
- 2023: AGC Glass: Delivered its Building Integrated Photovoltaic (BIPV) glass, namely Sunjoule®, at a parking lot at the Shizuoka Station North Exit Square.
- 2023: Canadian Solar: Announced to invest around USD800 million to build solar photovoltaic (PV) cells & improve the accessibility of its products across the globe.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Building Integrated Photovoltaics Market?
- How is the Building Integrated Photovoltaics Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/building-integrated-photovoltaics-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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