Building Integrated Photovoltaics Market Size is expected to reach $10030 Million by 2027

In 2020, the global Building Integrated Photovoltaics (BIPV) market size was US$ 7665 million and it is expected to reach US$ 10030 million by the end of 2027, with a CAGR of 3.8% during 2021-2027.

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.

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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.

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Global Building Integrated Photovoltaics (BIPV) Scope and Market Size

Building Integrated Photovoltaics (BIPV) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Building Integrated Photovoltaics (BIPV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Building Integrated Photovoltaics (BIPV) market is segmented into

o Single Crystal Silicon
o Polycrystalline Silicon
o Thin Film

Segment by Application, the Building Integrated Photovoltaics (BIPV) market is segmented into

o Residential
o Commercial
o Others

Competitive Landscape and Building Integrated Photovoltaics (BIPV) Market Share Analysis
Building Integrated Photovoltaics (BIPV) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Building Integrated Photovoltaics (BIPV) product introduction, recent developments, Building Integrated Photovoltaics (BIPV) sales by region, type, application and by sales channel.

The major companies include:

o First Solar
o Sharp
o Yingli Solar
o Solar Frontier
o SunPower
o Solarcentury
o Hanwha Solar
o REC Group
o Panasonic
o Kyocera
o Canadian Solar
o Suntech
o Trina Solar
o Meyer Burger
o AGC Solar
o Harsha Abakus Solar
o Sapa Group
o ISSOL
o SolarWorld AG
o Jinko Solar

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