Europe Building Integrated Photovoltaics Market Forecast 2023-2032KEY FINDINGS
The Europe building integrated photovoltaics market is evaluated to register a CAGR of 16.65% across the forecasted years of 2023-2032. Key factors promoting the market growth of the region are the surge in supportive investments for proliferating renewable power generation, the increasing inclination toward solar energy, and the growing focus of the European Union (EU) on setting regulatory standards linked to energy performance in buildings.
MARKET INSIGHTS
The Europe building integrated photovoltaics market growth study entails a detailed assessment of the United Kingdom, Poland, Germany, Nordic Countries, Italy, Spain, France, and Rest of Europe. France is a leading market for building integrated photovoltaics in Europe, mainly on account of the new bonus incentives provided by the national government for BIPV projects, in addition to FITs. Also, owing to the generous FITs, France was equipped to install an additional capacity of 2.68 GW solar power systems in the year 2021. Moreover, in 2018, the country’s government launched a plan for the renovation of nearly 500,000 homes annually in order to make them more energy-efficient while slashing heat loss, carbon emissions, and power consumption.
On the other hand, the government also disbursed $244 million to help accelerate the plan by training construction professionals on novel energy efficiency standards. Hence, such investment initiatives are further fueling the demand for sustainable construction materials, including building integrated photovoltaics, thus facilitating the market growth of the region during the forecast period.
COMPETITIVE INSIGHTS
Some of the top companies operating in the market include Onyx Solar Group LLC, Saule Technologies, Heliatek, 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
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