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Pulished Date January, 2020
ID: 9151
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Building Integrated Photovoltaics Market Segmentation by Technology (C-Si, Thin Film, and Others), by Application (Roofs, Walls, Glass, Façade, and Others), by End-User (Residential, Commercial, and Industrial) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020-2025

Pulished: January, 2020
ID: 9151
Pages: 175

Building Integrated Photovoltaics Market Overview:

Global Building Integrated Photovoltaics (BIPV) Market is expected to record a startling CAGR of 17.8% from 2020 to 2025. The growth of the BIPV market is estimated to value around USD 32.5 billion by 2025. The elevations that these BIPV products are offering like the smart solutions for the inexpensive way of building architecture, and at the same time acting as a primary electric power source are making people adopt them in the construction field.

Building Integrated Photovoltaics(BIPV) is the photovoltaic material that is used to get integrated with building and architecture, replacing the building envelops roofs, facades, and skylights. These products are getting popular day by day, replacing the typical no-integrated photovoltaics that is attributed to its advantages like the decrease in the initial cost of building them, and the uses of it such as for the principal or ancillary source of electric power for a building. Also, these building-integrated photovoltaics can be retrofitted to an existing building with ease.

The growth of the Building Integrated Photovoltaics Market is also attributed to the categories that these BIPV products are offered like thin-film solar panels, flexible thin-film solar panels or crystalline based solar panels, and semi-transparent solar panels that are encouraging the end-users to use according to their compatibility. Also, an increase in the awareness of these BIPV products and their application to the people living in the developed countries are fuelling the need for these products across the globe.

Building Integrated Photovoltaics Market is getting hampered because of the generation gap between the developments of most common conventional solar panels and BIPV solar panels. Also, the inexpensiveness of traditional solar panels, when compared to a BIPV solar panel, is one of the restraints of the global building integrated photovoltaics market.

Building Integrated Photovoltaics Market Recent Developments:

• BELECTRIC Inc., a German-based company, has selected by the Egyptian authorities to develop the Zafarana Solar Photovoltaic project in a contract type. It is said that these solar photovoltaics will supply around 50MWp of energy to the national grid in Egypt.

• Canadian Solar Inc. has completed the first Taiwanese solar project which is installed and powered by 6,384 Canadian Solar Modules, which are certified by the Voluntary Product Certification and locally manufactured in Canadian Solar's Taiwan Module.

Drivers and Restraints of Building Integrated Photovoltaics Market:

One of the main driving points for the Global Building Integrated Photovoltaics Market is the contribution of the governments of prosperous countries. These governments' efforts towards the awareness of the advantages of adopting solar panels and the financial benefits from the government side are driving the growth of the BIPV market.

The advantages of these Building Integrated Photovoltaics products such as acting as a primary source of electric power, with the ease of installation or adoption are an advantage for the BIPV business.

Increase in the number of forms, factors, and applications of these BIPV products such as thin-film solar panel, flexible thin-film solar panel or crystalline-based solar panels and semi-transparent solar panels in types and applications, integrating facade and roof PV panels, legal, fulfilling, technical and architectural demand are also the major critical factors for the growth of Global Building Integrated Photovoltaics Market.

Although, BIPV market is witnessing a surge in its growth, because of the lack of technological advancements of BIPV products over conventional solar panels and the expense at which they are offered is hampering the Global Building Integrated Photovoltaics Market. But the investments on R&D teams of the biggest BIPV product manufacturers for finding the solutions for the features their products are lacking are looking promising for the expansion of this BIPV market.

Building Integrated Photovoltaics Market Segmentation:

Technology

•         

o          C-Si

o          Thin Film

o          Others

Application

•         

o          Roofs

o          Walls

o          Glass

o          Façade

o          Others

End-User

•         

o          Residential

o          Commercial

o          Industrial

In the technological segmentation, C-Si BVIP is going to dominate the global BIPV market owing to its wide range of applications, way better technological advancements. Due to the higher performance and combination of significant innovations in material technology, C-Si is expected to witness substantial demand in the future. C-Si is followed by a thin-film segment because of the better aesthetics and ease of application or installation and usage like applying on a window.

In the application segmentation, it is believed that the glass segment will be the game-changer. The ease of its application and the growing number of glass facades for commercials or office spaces are augmenting the demand of these glass BIPVs in the end-user applications. And the other segment is expected to have a significant role because of its shapes like conical, concave and convex.

Meanwhile, in end-user segmentation, the industrial segment has taken a considerable market share for a couple of years. Growth of the industrial sector in the BIPV market is attributed to the awareness of the uses and applications and the subsidies available from the government side.

Building Integrated Photovoltaics Market Regional Analysis:

Regional Outlook

•         

o          North America

o          Europe

o          Asia-Pacific

o          South America

o          Middle-East and Africa

In the regional segmentation, the Asia-Pacific building integrated photovoltaics market is estimated to witness significant growth in the global business in the forecast period. The rise in the awareness of concerns about environmental pollution and the ease of availability to buy these products is fueling the market growth. Increase in the construction field and urbanization in the growing economies like China, India is the critical element in the forecast growth of the BVIP products. Also, the encouragement from the governments to use renewable energy by decreasing the tax on them are the further drivers of the rise of the Building Integrated Photovoltaics Market in the Asia Pacific.

Europe Building Integrated Photovoltaics Market has acquired a significant market share in the global marketplace. And it is expected that Europe is going to continue to conquer the BVIP market in the forecast period because of the government's aid towards renewable energy and the awareness in the people about the concerns of environmental pollution. The stringent environmental regulation and rising pressure to minimize the net energy consumption from buildings to reduce the CO2 emissions are making people adopt eco-friendly products. The commitment of the European Union to score a share of 27% of renewable energy by 2030 and to get all new buildings as nearly zero building (NZEB) is creating a pavement for the growth of Building Integrated Photovoltaics Market in this area.

Key Players of Market:

AGC Solar

BIPV Ltd

Belectric

Heliatek GmbH

Dyesol Ltd.

Ertex solartechnik GmbH

Hanergy Holding Group Limited

Canadian Solar Inc.

 

1. Introduction                                

               1.1 Market Definition                    

               1.2 Scope of the report                

               1.3 Study Assumptions                  

               1.4 Base Currency, Base Year and Forecast Periods                         

2. Research Methodology                                          

               2.1 Analysis Design                        

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Data Modelling      

                              2.2.4 Expert Validation  

               2.3 Study Timeline                         

3. Report Overview                                       

               3.1 Executive Summary                

               3.2 Key Inferencees                       

4. Market Dynamics                                     

               4.1 Impact Analysis                        

                              4.1.1 Drivers      

                              4.1.2 Restaints  

                              4.1.3 Opportunities         

               4.2 Regulatory Environment                      

               4.3 Technology Timeline & Recent Trends                           

5. Competitor Benchmarking Analysis                                   

               5.1 Key Player Benchmarking                     

                              5.1.1 Market share analysis        

                              5.1.2 Products/Service   

                              5.1.3 Regional Presence

               5.2 Mergers & Acquistion Landscape                     

               5.3 Joint Ventures & Collaborations                       

6. Market Segmentation                                            

               6.1 Building Integrated Photovoltaics Market, By Technology                     

                              6.1.1 C-Si            

                              6.1.2 Thin Film  

                              6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                              6.1.4 Y-o-Y Growth Rate Analysis              

                              6.1.5 Market Attractiveness Index           

               6.2 Building Integrated Photovoltaics Market, By End-User                          

                              6.2.1 Residential              

                              6.2.2 Commercial            

                              6.2.3 Industrial  

                              6.2.4 Market Size Estimations & Forecasts (2019-2024)   

                              6.2.5 Y-o-Y Growth Rate Analysis              

                              6.2.6 Market Attractiveness Index           

               6.3 Building Integrated Photovoltaics Market, By Application                      

                              6.3.1 Roofs        

                              6.3.2 Walls         

                              6.3.3 Glass         

                              6.3.4 Façade      

                              6.3.5 Market Size Estimations & Forecasts (2019-2024)   

                              6.3.6 Y-o-Y Growth Rate Analysis              

                              6.3.7 Market Attractiveness Index           

7. Geographical Landscape                                        

               7.1 Global Identity Governance and Administration Market, by Region                   

               7.2 North America - Market Analysis (2018 - 2024)                          

                              7.2.1 By Country              

                                             7.2.1.1 USA

                                             7.2.1.2 Canada

                              7.2.2 By Technology       

                              7.2.3 By End-User           

                              7.2.4 By Application        

               7.3 Europe                        

                              7.3.1 By Country              

                                             7.3.1.1 UK

                                             7.3.1.2 France

                                             7.3.1.3 Germany

                                             7.3.1.4 Spain

                                             7.3.1.5 Italy

                                             7.3.1.6 Rest of Europe

                              7.3.2 By Technology       

                              7.3.3 By End-User           

                              7.3.4 By Application        

               7.4 Asia Pacific                 

                              7.4.1 By Country              

                                             7.4.1.1 China

                                             7.4.1.2 India

                                             7.4.1.3 Japan

                                             7.4.1.4 South Korea

                                             7.4.1.5 South East Asia

                                             7.4.1.6 Australia & NZ

                                             7.4.1.7 Rest of Asia-Pacific

                              7.4.2 By Technology       

                              7.4.3 By End-User           

                              7.4.4 By Application        

               7.5 Latin America                           

                              7.5.1 By Country              

                                             7.5.1.1 Brazil

                                             7.5.1.2 Argentina

                                             7.5.1.3 Mexico

                                             7.5.1.4 Rest of Latin America

                              7.5.2 By Technology       

                              7.5.3 By End-User           

                              7.5.4 By Application        

               7.6 Middle East and Africa                         

                              7.6.1 By Country              

                                             7.6.1.1 Middle East

                                             7.6.1.2 Africa

                              7.6.2 By Technology       

                              7.6.3 By End-User           

                              7.6.4 By Application        

8. Key Player Analysis                                   

               8.1 AGC Solar                   

                              8.1.1 Business Description           

                              8.1.2 Products/Service   

                              8.1.3 Financials 

                              8.1.4 SWOT Analysis       

                              8.1.5 Recent Developments        

                              8.1.6 Analyst Overview  

               8.2 BIPV Ltd                      

               8.3 Belectric                     

               8.4 Heliatek GmbH                         

               8.5 Dyesol Ltd.                 

               8.6 Ertex solartechnik GmbH                     

               8.7 Hanergy Holding Group Limited                        

               8.8 Canadian Solar Inc.                 

9. Market Outlook & Investment Opportunities                                 

Appendix                                          

               List of Tables                    

               List of Figures                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of  by propulsion, by charging station, by  power output, by installation along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Building Integrated Photovoltaics Market By Region, From 2020-2025 ( USD Billion )
  2. Global Building Integrated Photovoltaics Market By Technology, From 2020-2025 ( USD Billion )
  3. Global C-Si Market By Region, From 2020-2025 ( USD Billion )
  4. Global Thin Film Market By Region, From 2020-2025 ( USD Billion )
  5. Global Building Integrated Photovoltaics Market By End-User, From 2020-2025 ( USD Billion )
  6. Global Residential Market By Region, From 2020-2025 ( USD Billion )
  7. Global Commercial Market By Region, From 2020-2025 ( USD Billion )
  8. Global Industrial Market By Region, From 2020-2025 ( USD Billion )
  9. Global Building Integrated Photovoltaics Market By Application, From 2020-2025 ( USD Billion )
  10. Global Roofs Market By Region, From 2020-2025 ( USD Billion )
  11. Global Walls Market By Region, From 2020-2025 ( USD Billion )
  12. Global Glass Market By Region, From 2020-2025 ( USD Billion )
  13. Global Façade Market By Region, From 2020-2025 ( USD Billion )

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