Market Research Report
Building-integrated Photovoltaics Facade Market Size, Share & Trends Analysis Report By Technology (C-Si, Thin Film), By Region, And Segment Forecasts, 2019 - 2025
|Published by||Grand View Research, Inc.||Product code||906542|
|Published||Content info||95 Pages
Delivery time: 2-3 business days
|Building-integrated Photovoltaics Facade Market Size, Share & Trends Analysis Report By Technology (C-Si, Thin Film), By Region, And Segment Forecasts, 2019 - 2025|
|Published: November 7, 2019||Content info: 95 Pages||
The global building-integrated photovoltaics facade market size is expected to reach USD 3.96 billion by 2025, expanding at a CAGR of 25.3% over the forecast period, according to a new report published by Grand View Research, Inc. Rising awareness among consumers from the developing economies of Asia Pacific coupled with the superior performance of the product as compared to the traditional facades is anticipated to fuel the growth.
The demand for thin film BIPV facades is estimated to witness considerable growth in the forthcoming years on account of their high performance as well as the introduction of colored BIPV panels that provide better aesthetic value to the overall structure. However, factors such as high price and longer duration for the return of investment are expected to hinder the market growth.
Increasing investments and continuous R&D in BIPV products have led to the introduction of BIPV facades with enhanced efficiency and durability. Moreover, color, ease of application, and customization options offered by the manufacturers are contributing to higher product demand in the BIPV facade market.
Some of the prominent players operating in the building-integrated photovoltaics (BIPV) facade market include: AVANCIS GmbH, Hanergy Mobile Energy Holding Group Limited, ISSOL SA, Onyx Solar Group LLC, Solaria and Nippon Sheet Glass Co., Ltd.