Global Building Integrated Photovoltaics Market 2024-2028
The building integrated photovoltaics market is forecasted to grow by USD 36.17 bn during 2023-2028, accelerating at a CAGR of 21.25% during the forecast period. The report on the building integrated photovoltaics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand to reduce energy costs, growing need to comply with energy certifications, and increasing use and number of installations related to solar energy.
Technavio's building integrated photovoltaics market is segmented as below:
By End-user
- Commercial
- Residential
- Industrial
By Panel Type
- Crystalline panel
- Thin-film panel
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the growing number of green building as one of the prime reasons driving the building integrated photovoltaics market growth during the next few years. Also, reduction in solar PV costs and increasing investments in renewable energy will lead to sizable demand in the market.
The report on the building integrated photovoltaics market covers the following areas:
- Building integrated photovoltaics market sizing
- Building integrated photovoltaics market forecast
- Building integrated photovoltaics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading building integrated photovoltaics market vendors that include AGC Inc., BELECTRIC Solar and Battery GmbH, Canadian Solar Inc., ertex solar, First Solar Inc., Hanergy Thin Film Power EME BV, Harsha Abakus Solar Pvt. Ltd., Heliatek GmbH, Kyocera Corp., Meyer Burger Technology AG, Onyx Solar Group LLC, PowerFilm Solar Inc., Reliance Industries Ltd., SCHOTT AG, Sharp Corp., Solaria Corp., Trina Solar Co. Ltd., United Solar Ovonic Inc., Wuxi Suntech Power Co. Ltd., and Yingli Green Energy Holding Co. Ltd.. Also, the building integrated photovoltaics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.