Building-integrated photovoltaics market is anticipated to grow at a CAGR of 21.5% during the forecast period (2024-2031). Building-integrated photovoltaics (BIPV) are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope, such as the roof, skylights, or facades. They are becoming increasingly popular as a way to generate renewable energy and reduce reliance on fossil fuels.
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Concerns about climate change and energy security are pushing individuals and businesses towards cleaner alternatives like solar power. BIPV offers a seamless way to integrate solar generation into buildings, making it more appealing. As the global net-zero trend intensifies, the demand for renewable energy becomes increasingly crucial. Thus, energy transition now become a nationwide concern. With low entry barriers and wide accessibility, solar photovoltaics have become an indispensable role in green energy. For instance, in October 2023, aligning with global trends toward carbon-neutral buildings, AUO corp. created the BIPV solution based on the company’s abundant experience in power plant construction. Starting from the beginning of the building designing phase, actively developing SunSteel integrated photovoltaic corrugated roofing sheets, differing from the complex methods involving traditional photovoltaic mounts, it enables swift installation, avoids secondary construction, reduces the overall weight of the photovoltaic systems on building structures, and further contributing to carbon footprint reduction, achieving thermal insulation, waterproofing, green energy supply, and urban aesthetics on building rooftops.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Building-Integrated Photovoltaics Market by Type
- Thin Film PV
- Crystalline PV
Global Building-Integrated Photovoltaics Market by Application
- Roof Top
- Curtain Wall
- Glass
- Facade
- Others (Glazing, Shadow-Voltaics)
Global Building-Integrated Photovoltaics Market by End-Use
- Residential
- Industrial
- Commercial
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AGC Glass
- CSI Solar Co., Ltd.
- First Solar Inc.
- GAF Energy LLC
- Greatcell Solar Ltd
- Heliatek GmbH
- Hanwha Q CELLS
- ISSOL
- NanoFlex Power Corp.
- Onyx Solar Group LLC
- Solaria Corp
- Solarcentury (BB Energy)
- Trina Solar
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global building-integrated photovoltaics (PV) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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