The Global Building Integrated Photovoltaics Market size is valued at USD 20.80 billion in 2023 & is expected to reach around USD 90 billion in 2030. The market is estimated to grow at a CAGR of around 19.64% during the forecast period, i.e., 2025-30.        

Global Building Integrated Photovoltaics Market Driver:

Depleting Non-renewable Power Resources & Rising Construction of Green Buildings – Over the years, non-renewable power resources such as Oil, Natural Gas, and Coal have remained the major resources responsible for electricity production. Based on the statistics provided by the Our World Data Organization, the share of these finite resources during power generation is more than 50%. However, the consistent usage of these commodities & over-exploration of the oil fields has led to the depletion of these resources.

 

Around 90 billion global natural resources are being depleted every year, based on the statistics by the Gitnux Organization. This is becoming a point of concern for the end-users, like industrial & commercial since they rely heavily on these resources to conduct the daily operational tasks. Therefore, to mitigate the energy security risk, these end-users are shifting towards solutions that utilize renewable resources. Hence, the Buildings Integrated Photovoltaics Market is witnessing market growth. 

 

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Key Market Reports Highlights

• Market Dimensions & Projections
• Pricing Evaluation
• Recent Strategic Moves by Companies
• Primary Stakeholders
• Import/Export Trend Analysis
• Competitive Landscape Assessment
• Emerging Opportunities
• Market Trends and Indicators

 

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Global Building Integrated Photovoltaics Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Product Type
  • Roofing Products- Market Size & Forecast 2020-2030, USD Million
  • Covering & Shading Elements- Market Size & Forecast 2020-2030, USD Million
  • Glass products- Market Size & Forecast 2020-2030, USD Million
  • Vertical Products- Market Size & Forecast 2020-2030, USD Million
• By Technology
  • Silicon-based- Market Size & Forecast 2020-2030, USD Million
    • Crystalline Silicon (C-Si)- Market Size & Forecast 2020-2030, USD Million
    • Amorphous Silicon (A-Si) – Market Size & Forecast 2020-2030, USD Million
    • Multi-crystalline Silicon (mc-Si) – Market Size & Forecast 2020-2030, USD Million
    • Pseudo-crystalline Silicon (pc-Si) – Market Size & Forecast 2020-2030, USD Million
  • Thin Film – Market Size & Forecast 2020-2030, USD Million
    • Copper Indium Gallium Diselenide Solar Cells- Market Size & Forecast 2020-2030, USD Million
    • Cadmium Telluride Thin-Film Solar Cells- Market Size & Forecast 2020-2030, USD Million
  • Others – Market Size & Forecast 2020-2030, USD Million
• By Application
  • Roof- Market Size & Forecast 2020-2030, USD Million
  • Walls & Facade- Market Size & Forecast 2020-2030, USD Million
  • Glass- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million
• By End User
  • Residential- Market Size & Forecast 2020-2030, USD Million
  • Commercial- Market Size & Forecast 2020-2030, USD Million
    • Offices- Market Size & Forecast 2020-2030, USD Million
    • Retail- Market Size & Forecast 2020-2030, USD Million
    • Others- Market Size & Forecast 2020-2030, USD Million
  • Hospitality- Market Size & Forecast 2020-2030, USD Million
  • Industrial- Market Size & Forecast 2020-2030, USD Million
  • Government- Market Size & Forecast 2020-2030, USD Million
  • Agrivoltaics- Market Size & Forecast 2020-2030, USD Million
  • Others (Educational Institutes, etc.)- Market Size & Forecast 2020-2030, USD Million
• By Demand Type
  • New Installation- Market Size & Forecast 2020-2030, USD Million
  • Retrofitting- Market Size & Forecast 2020-2030, USD Million
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – AGC Glass, Canadian Solar, Heliatek GmbH, BIPVco Limited, Yingli Solar Co., Hanergy Holding Group Ltd., Kyocera Corporation, Ascent Solar Technologies, Sharp Corporation, Schott AG, Solaria Corporation, Hanwha Group, Sunpower Corporation, United Solar Ovonic Corp, First Solar Inc., and Others.

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