Building Integrated Photovoltaics Market Size, Trends, Share, Growth, Analysis Report 2022-2027

IMARC Group has recently released a new research study titled "Building Integrated Photovoltaics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global building integrated photovoltaics market size reached US$ 16.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 46.4 Billion by 2027, exhibiting a growth rate (CAGR) of 19.85% during 2022-2027.

Building-integrated photovoltaics (BIPVs) refer to dual-purpose materials used in building roofs, skylights, and facades. Also known as solar panels, BIPVs serve as the outer layer of a structure and generate electricity for on-site use and exporting to the grid. In recent years, BIPVs have gained traction as they help reduce the incremental cost of PV systems and eliminate the costs and design issues for separate mounting systems by integrating them in the initial construction phase. Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/building-integrated-photovoltaics-market/requestsample

Building Integrated Photovoltaics Market Trends and Drivers:

The global building integrated photovoltaics market is primarily driven by the increasing environmental awareness toward the various benefits offered by BIPVs. These systems provide savings in material and electricity costs, as well as help reduce pollution. They enhance the architectural appeal of the building, as they can be employed to camouflage unattractive and degraded building exteriors. Governments of different nations are adopting initiatives to promote energy conservation and implement BIPVs in housing, commercial, and industrial infrastructures. In addition to this, there have been several technological advancements, such as the introduction of automated BIPVs components. Furthermore, the integration of solar energy solutions for energy conservation is providing a positive impact on the market growth.

Explore full report with table of contents: https://www.imarcgroup.com/building-integrated-photovoltaics-market

Building Integrated Photovoltaics Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product Type

Polycrystalline
Thin Film
Other

Breakup by Application

Roof
Facades
Glass
Other

Breakup by End Use

Commercial
Residential
Industrial

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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