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Global Building Integrated Photovoltaics (BIPV) Market Growth 2023-2029

Global Building Integrated Photovoltaics (BIPV) Market Growth 2023-2029

Product Code:457450

Published Date: Feb 08,2023

Pages: 122

Region: Global

Category: Chemical & Material

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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 increasingly being incorporated into the construction of new buildings as a principal or ancillary source of electrical power, although existing buildings may be retrofitted with similar technology. The advantage of integrated photovoltaics over more common non-integrated systems is that the initial cost can be offset by reducing the amount spent on building materials and labor that would normally be used to construct the part of the building that the BIPV modules replace. These advantages make BIPV one of the fastest growing segments of the photovoltaic industry.

LPI (LP Information)' newest research report, the “Building Integrated Photovoltaics (BIPV) Industry Forecast” looks at past sales and reviews total world Building Integrated Photovoltaics (BIPV) sales in 2022, providing a comprehensive analysis by region and market sector of projected Building Integrated Photovoltaics (BIPV) sales for 2023 through 2029. With Building Integrated Photovoltaics (BIPV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Building Integrated Photovoltaics (BIPV) industry.

This Insight Report provides a comprehensive analysis of the global Building Integrated Photovoltaics (BIPV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Building Integrated Photovoltaics (BIPV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Building Integrated Photovoltaics (BIPV) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Building Integrated Photovoltaics (BIPV) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Building Integrated Photovoltaics (BIPV).

The global Building Integrated Photovoltaics (BIPV) market size is projected to grow from US$ 7844.6 million in 2022 to US$ 10280 million in 2029; it is expected to grow at a CAGR of 10280 from 2023 to 2029.

Global Building Integrated Photovoltaics (BIPV) key players include Canadian Solar, SunPower, Hanwha Solar, Jinko Solar, Solar Frontier, etc. Global top five manufacturers hold a share about 25%. Asia Pacific is the largest market, with a share about 50%, followed by Europe, with a share about 30 percent. In terms of product, Polycrystalline Silicon is the largest segment, with a share about 60%. And in terms of application, the largest application is Commercial, followed by Residential, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Building Integrated Photovoltaics (BIPV) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Single Crystal Silicon
    Polycrystalline Silicon
    Thin Film

Segmentation by application
    Residential
    Commercial
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    First Solar
    Sharp
    Yingli Solar
    Solar Frontier
    SunPower
    Solarcentury
    Hanwha Solar
    REC Group
    Panasonic
    Kyocera
    Canadian Solar
    Suntech
    Trina Solar
    Meyer Burger
    AGC Solar
    Harsha Abakus Solar
    Sapa Group
    ISSOL
    SolarWorld AG
    Jinko Solar

Key Questions Addressed in this Report
What is the 10-year outlook for the global Building Integrated Photovoltaics (BIPV) market?
What factors are driving Building Integrated Photovoltaics (BIPV) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Building Integrated Photovoltaics (BIPV) market opportunities vary by end market size?
How does Building Integrated Photovoltaics (BIPV) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?