MarkNtel Advisors has recently published a research report that delves into the Building Integrated Photovoltaics Market Research Report: Forecast (2024-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.
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Building Integrated Photovoltaics Market Insight and Analysis:
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., 2024-30.
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 Global Buildings Integrated Photovoltaics Market is witnessing market growth.
Building Integrated Photovoltaics Industry Segmentation:
-By Product Type
-Roofing Products- Market Size & Forecast 2019-2030, USD Million
-Covering & Shading Elements- Market Size & Forecast 2019-2030, USD Million
-Glass products- Market Size & Forecast 2019-2030, USD Million
-Vertical Products- Market Size & Forecast 2019-2030, USD Million
-By Technology
-Silicon-based- Market Size & Forecast 2019-2030, USD Million
-Crystalline Silicon (C-Si)- Market Size & Forecast 2019-2030, USD Million
-Amorphous Silicon (A-Si) – Market Size & Forecast 2019-2030, USD Million
-Multi-crystalline Silicon (mc-Si) – Market Size & Forecast 2019-2030, USD Million
-Pseudo-crystalline Silicon (pc-Si) – Market Size & Forecast 2019-2030, USD Million
-Thin Film – Market Size & Forecast 2019-2030, USD Million
-Copper Indium Gallium Diselenide Solar Cells- Market Size & Forecast 2019-2030, USD Million
-Cadmium Telluride Thin-Film Solar Cells- Market Size & Forecast 2019-2030, USD Million
-Others – Market Size & Forecast 2019-2030, USD Million
-By Application
-Roof- Market Size & Forecast 2019-2030, USD Million
-Walls & Facade- Market Size & Forecast 2019-2030, USD Million
-Glass- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-By End User
-Residential- Market Size & Forecast 2019-2030, USD Million
-Commercial- Market Size & Forecast 2019-2030, USD Million
-Offices- Market Size & Forecast 2019-2030, USD Million
-Retail- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-Hospitality- Market Size & Forecast 2019-2030, USD Million
-Industrial- Market Size & Forecast 2019-2030, USD Million
-Government- Market Size & Forecast 2019-2030, USD Million
-Agrivoltaics- Market Size & Forecast 2019-2030, USD Million
-Others (Educational Institutes, etc.)- Market Size & Forecast 2019-2030, USD Million
-By Demand Type
-New Installation- Market Size & Forecast 2019-2030, USD Million
-Retrofitting- Market Size & Forecast 2019-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, 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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