New York, Global Building-integrated Photovoltaics Market report from Global Insight Services is the single authoritative source of intelligence on Building-integrated Photovoltaics Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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. BIPV can be used in both new construction and retrofit applications.
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Key Trends
The key trends in Building-integrated Photovoltaics technology are the following:
1. The development of new materials and nanotechnology: This has led to the development of new types of photovoltaic cells that are more efficient and cheaper to produce.
2. The increase in the use of solar PV: Solar PV is increasingly being used to generate electricity, with the global installed capacity reaching over 200 GW by the end of 2020.
3. The decline in the cost of solar PV: The cost of solar PV has declined significantly in recent years, making it a more cost-effective option for generating electricity.
Key Drivers
The key drivers of the Building-integrated Photovoltaics market are the need for renewable energy, the declining cost of solar PV, and the increased awareness of the environmental benefits of solar PV.
The need for renewable energy is driven by the fact that fossil fuels are finite resources, and their use is contributing to climate change. Solar PV is a renewable energy source that does not emit greenhouse gases, making it an attractive option for reducing emissions.
The declining cost of solar PV is due to the increasing efficiency of solar cells and the economies of scale of solar PV production.
The increased awareness of the environmental benefits of solar PV is another key driver of the market. Solar PV can help to reduce air pollution and mitigate the effects of climate change.
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Market Segments
The global building-integrated photovoltaics market is segmented by technology, application, end-user, and region. By technology, the market is segmented by a thin film, crystalline, and others. Based on application, it is bifurcated into roofs, walls, facades, and others. On the basis of the end-user, it is divided into industrial, residential, and commercial. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global building-integrated photovoltaics market includes players such as SolarWindow Technologies Inc., Hanergy Mobile, AGC Inc., Energy Holding Group Limited, The Solaria Corporation, Carmanah Technologies Corp., Heliatek GmbH, Greatcell, Tesla, Ertex solartechnik GmbH, and others.
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