Asia-pacific Building Integrated Photovoltaics Market Forecast 2023-2032

Asia-pacific Building Integrated Photovoltaics Market Forecast 2023-2032KEY FINDINGS

The Asia-Pacific building integrated photovoltaics market is set to develop with a CAGR of 17.20% across the forecasted years of 2023-2032. The market growth of the region is strengthened by the increasing focus on developing renewable power in the post-pandemic period as well as the adoption of net-zero emissions targets by various nations.

MARKET INSIGHTS

The Asia-Pacific building integrated photovoltaics market growth estimation covers the study of Vietnam, China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific. The government of South Korea, along with leading construction, wind turbine, and electrical manufacturing organizations, have committed to significant green power industrialization as well as build-out. Furthermore, the central government is also investing tens of billions of dollars toward the industrialization of the country’s PV industry, in addition to the deployment of products domestically and internationally.

On the other hand, the South Korean government, as well as several key electronics manufacturers, are also establishing tremendous solar industrial efforts. Some of the most common roofing types for residential houses in the country include tile, wood, thatch, and stone. These are amenable to being replaced by building integrated photovoltaic tiles, with stone, concrete, tile, and metal harboring the potential to be matched with specially designed thin-film solar tiles. Therefore, the abovementioned factors are estimated to fuel the Asia-Pacific building integrated photovoltaics market growth during the forecast period.

COMPETITIVE INSIGHTS

Some of the key companies in the market are AGC Inc, SunTech Power Co Ltd, Kaneka Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments