Jan 7, 2020   SOURCE: BusinessWire

Global Building Integrated Photovoltaics (BIPV) Market Report - Demand of USD 32.2 Billion Projected by 2024 - ResearchAndMarkets.com

The "Global Building Integrated Photovoltaics (BIPV) Market" report has been added to ResearchAndMarkets.com's offering.

The global building integrated photovoltaics (BIPV) market was valued at USD 6.7 billion in 2017, and is likely to generate a demand of USD 32.2 billion by 2024, at a CAGR of 23.4% over the next seven years. Various favorable government initiatives towards renewable energy along with high energy efficiency offered by BIPV modules are set to accelerate market demand over the forecast period. Moreover, a growing demand for energy across the globe is expected to further drive the market growth. However, high initial investment coupled with the lack of expertise regarding installation & design may hinder market growth.

Key findings from the report:

  • The global building integrated photovoltaics (BIPV) market is likely to reach USD 32.2 billion by 2024
  • Thin film technology is expected to witness the fastest CAGR over the forecast period
  • Roof segment held the major share of the market in 2017, and is likely to witness a healthy CAGR during 2018 to 2024
  • Industrial segment accounted for the major share of the market in 2017, and the trend is likely to continue over the next seven years
  • Europe dominated the global market in 2017, however Asia-Pacific is expected to grow at the fastest CAGR over the forecast period
  • Some of the key companies operating in the industry include Dow Solar; Ascent Solar Technologies, Inc.; First Solar; Schott Solar Ag.; Hanergy Holding Group Ltd.; Suntech Power Holdings Co. Ltd; Canadian Solar; Onyx Solar; CentroSolar AG.; BIPV Ltd.; AGC Glass; United Solar; ISSOL SA; ViaSolis; Polysolar Ltd.; among others

Key Topics Covered:

CHAPTER 1. Market Scope and Methodology

CHAPTER 2. Executive Summary

2.1. Building integrated photovoltaics (BIPV) market - Market snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global building integrated photovoltaics (BIPV) market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Advent of new generation cell technologies

3.5.2. Growth in construction activities across the globe

3.5.3. Rising worldwide energy consumption

3.6. Market dynamics

3.6.1. Market driver analysis

3.6.1.1. High energy efficiency offered by BIPVs

3.6.1.2. Favorable government initiatives towards renewable energy

3.6.2. Market restraint analysis

3.6.2.1. High initial investment

3.6.2.2. Lack of expertise with respect to installation & design

CHAPTER 4. Competitive Outlook

4.1. Porter's Five Forces Analysis

4.2. Company Market Share Analysis

CHAPTER 5. Global Building Integrated Photovoltaics (BIPV) Market Size and Forecast (2014 - 2024)

5.1. Global Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Megawatts)

5.2. Global Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Megawatts)

5.3. Global Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Megawatts)

CHAPTER 6. Global Building Integrated Photovoltaics (BIPV) Market Size and Forecast, By Region (2014 - 2024)

6.1. North America Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Megawatts)

6.2. Europe Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Megawatts)

6.3. Central & South America (CSA) Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Megawatts)

6.4. Middle East & Africa (MEA) Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Megawatts)

CHAPTER 7. Key Players and Strategic Developments

Companies Mentioned

  • Dow Solar
  • Ascent Solar Technologies, Inc.
  • First Solar
  • Schott Solar Ag.
  • Hanergy Holding Group Ltd.
  • Suntech Power Holdings Co. Ltd
  • Canadian Solar
  • Onyx Solar
  • CentroSolar AG.
  • BIPV Ltd.
  • AGC Glass
  • United Solar
  • ISSOL SA
  • ViaSolis
  • Polysolar Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/733cdx

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