openPR Logo
Press release

Building Integrated Photovoltaic (PV) Solar Market to be at Forefront by 2025

Building Integrated Photovoltaic (PV) Solar Market to be

Building Integrated PV Solar is the process of embedding solar photovoltaic modules into building structures as its outer layer. Thus in building integrated PV solar the photovoltaic modules perform multiple functions of generating renewable energy, replacing the traditional construction materials and reducing electricity cost. The other advantages of building integrated PV solar concept is that it makes the building sound proof, does not block the entry of natural light and blocks the entry of harmful radiations. The energy generated by the integrated photovoltaic module are used within the building or is transferred to the grid. Building integrated PV solar is implemented in many parts of the building like windows, covered walkways, facades, skylights, parking canopies etc., but mostly on roof and facade surfaces are preferred as they are more exposed to solar light. The concept of building integrated PV solar is planned during the initial design and architectural planning stage, and is implemented in the initial construction of the infrastructure.

Get access to full summary @ http://www.persistencemarketresearch.com/market-research/building-integrated-photovoltaic-solar-market.asp

Building Integrated PV Solar Market: Drivers and Restraints

The increasing use of renewable resources is beneficial for the health and the environment as compared to the use of non-renewable energy resources. These factors drive the growth of global building integrated PV solar market. The PV modules can be installed after the construction of the building (which is called Building Added PV Solar), but it leads to increased construction cost and design issues for mounting separate PV modules on a constructed building, which can bolster the growth of global building integrated PV solar market. The building integrated PV solar embedded constructions are more pleasing aesthetically, which attracts the builders and architects and will lead to significant growth of global building integrated PV solar market.

The codes and regulations of building integrated PV solar systems are not properly defined as it is the amalgamation of two separate industries i.e. solar electric power generation and construction, which could hamper the growth of global building integrated PV solar market. The PV modules generate less electricity as compared to the conventional PV module due to its internal composition, however with advanced technology, this challenge will be overcomed during the forecast period.

A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/15367

Building Integrated PV Solar Market: Segmentation

On the basis of installation type, the global building integrated PV solar market can be segmented as follows: Utility Grid Interactive BIPV Systems, Stand Alone BIPV Systems. On the basis of components, the global building integrated PV solar market can be segmented as follows: Photovoltaic (PV) modules, Charge Regulator, Power Storage Module, Grid (in utility grid interactive systems), Batteries (in stand-alone systems), Power Converters, Hardware Mounting System, Support System (safety and wiring disconnects). On the basis of PV module type, the global building integrated PV solar market can be segmented as follows: Crystalline Silicon, Thin Semiconductor Film Module, Amorphous Silicon.

Building Integrated PV Solar Market: Region Wise Outlook

The global building integrated PV solar market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East & Africa (MEA). Western Europe holds major share in global building integrated PV solar market because of the increasing government grants and investments in the region. The high feed-in tariff in France, Switzerland and Austria has promoted the implementation of BIPV systems. Eastern Europe and Asia Pacific Excluding Japan (APEJ) are also expected to account for a significant share in the global building integrated PV solar market. The countries located near equatorial belt such as Malaysia and Singapore are expected to register a remarkable growth rate in the global building integrated PV solar market due to the largest solar yield in this region. The growth of building integrated PV solar market in Japan has expanded due to increased commercialization of BPIV systems.

To view TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/15367

Building Integrated PV Solar Market Players

Some of the players in the global Building Integrated PV Solar market are as follows: Polysolar, BIPV Specialists, ROMAG, Onyx Solar Energy S.L., SolarGy Pte Ltd, AGC Solar, SOLARNOVA DEUTSCHLAND GMBH, Philadelphia Solar, Atlantis Energy Systems, ertex solartechnik GmbH.



About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Building Integrated Photovoltaic (PV) Solar Market to be at Forefront by 2025 here

News-ID: 615900 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Solar

Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1563 Solar PV Module Market size
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal