Press release
Building-Integrated Photovoltaics Market 2023: Competitive Landscape, SWOT Analysis, Opportunities And Challenges, Growth By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Building-integrated Photovoltaics market report by The Business Research Company, The increasing demand for zero-energy buildings is expected to fuel the growth of the building-integrated photovoltaics market going forward. Zero-energy buildings combine energy efficiency and renewable energy generation to consume only the amount of energy that can be produced onsite using renewable resources over a certain period of time. The global concern regarding the carbon emissions from buildings and buildings construction is the rising demand for zero-energy buildings. Building-integrated photovoltaics materials provide a reasonable option for building skins and help in achieving zero energy levels in buildings.
The global building-integrated photovoltaics market size grew from $13.18 billion in 2022 to $16.75 billion in 2023 at a compound annual growth rate (CAGR) of 27.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The building-integrated photovoltaics market size is expected to grow to $40.2 billion in 2027 at a CAGR of 24.5%.
Read More On The Building-integrated Photovoltaics Market Report Here:
https://www.thebusinessresearchcompany.com/report/building-integrated-photovoltaics-global-market-report
Major competitors in the Building-integrated Photovoltaics market include First Solar Inc., Sharp Corporation, Yingli Solar, Solar Frontier, SunPower Corporation, Hanwha Solar, Renewable Energy Corporation (REC), Panasonic, Kyocera Document Solutions Company, Canadian Solar Inc., Suntech Power Holdings Co. Ltd., Harsha Abakus Solar Private Limited, Ascent Solar Technologies Inc., Greatcell Energy Limited, and Global Solar Energy Inc.
The Building-integrated Photovoltaics market is segmented -
1) By Product Type: Polyscrystaline, Thin-Film, Other Product Types
2) By Application: Roof, Facade, Glass, Other Applications
3) By End-User: Residential, Commercial, Industrial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Building-integrated Photovoltaics market.
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The building-integrated photovoltaics refer to solar energy generating products that are perfectly integrated into the building envelope and are a part of building components such as facades, roofs, and windows. Building-integrated photovoltaics (BIPV) serve two main purposes; they act as the building structure's exterior layer while also generating power for on-site usage or export to the grid. This system can save money on materials and electricity, reduce pollution, and increase the architectural appeal of a building. BIPV systems are often introduced between the development phase of a building or deployed during a rebuild of an existing building when one of the wrap components is important to get replaced.
The Table Of Content For The Building-integrated Photovoltaics Market Include:
1. Executive Summary
2. Building-integrated Photovoltaics Market Characteristics
3. Building-integrated Photovoltaics Market Trends And Strategies
4. Building-integrated Photovoltaics Market - Macro Economic Scenario
5. Building-integrated Photovoltaics Market Size And Growth
....
26. Africa Building-integrated Photovoltaics Market
27. Building-integrated Photovoltaics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Building-integrated Photovoltaics Market
29. Building-integrated Photovoltaics Market Future Outlook and Potential Analysis
30. Appendix
The "Global Building-integrated Photovoltaics Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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