Press release
Global Building Integrated Photovoltaics (BIPV) Market Report 2020, Covid-19 Impact Analysis, Market Share, Size, Trends and Forecast till 2025
Building Integrated Photovoltaics Market Size
Building integrated photovoltaic (BIPV) is a solar power generating component that is used in the construction of roofs, skylights and facades in a building. It acts as the outer layer of the structure, which produces electricity for on-site use and exports it to the grid. It aids in reducing material and electricity costs and minimizing the utilization of fossil fuel and the emission of ozone-depleting gases.
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The escalating demand for integrated solar energy solutions in commercial installations, owing to the growing awareness about green and zero-emission buildings, represents one of the key factors driving the global BIPV market growth. Furthermore, governments of various countries are implementing favorable policies to promote the utilization of renewable energy, which, in turn, is propelling the market growth. They are also supporting infrastructural developments in the form of optimum grid-parity of photovoltaic (PV) systems, which is expected to create a positive outlook for the market in the coming years.
Insights on Market Segmentation:
Market Breakup by Product Type
Polycrystalline
Thin Film
Other
Market Breakup by Application
Roof
Facades
Glass
Other
Market Breakup by End-Use
Commercial
Residential
Industrial
Market Breakup by Region:
Europe
North America
Asia Pacific
Middle East and Africa
Latin America
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/building-integrated-photovoltaics-market
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Ankara Solar AS, Ertex Solartechnik GmbH, Hanergy Holding Group Ltd, Hermans Techniglaz, ISSOL sa, Navitas Green Solutions Pvt. Ltd, NanoPV Solar Inc., Polysolar, Sphelar Power Corporation, VIASOLIS,etc.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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