Building Integrated Photovoltaic Market Report: Trends, Forecast and Competitive Analysis to 2030

Building Integrated Photovoltaic Trends and Forecast

The future of the global building integrated photovoltaic market looks promising with opportunities in the industrial, commercial, and residential markets. The global building integrated photovoltaic market is expected to grow with a CAGR of 15.8% from 2024 to 2030. The major drivers for this market are swift growth of solar photovoltaic installation capacities globally, driven by rising demand for renewable energy sources and growing recognition of energy security, self-sufficiency, and supportive government regulations.

A more than 150-page report is developed to help in your business decisions.

Building Integrated Photovoltaic by Segment

The study includes a forecast for the global building integrated photovoltaic by technology, application, end use industry, and region.

Building Integrated Photovoltaic Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Crystalline Silicon
• Thin Film
• Others

Building Integrated Photovoltaic Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Roof
• Glass
• Wall
• Facade
• Others

Building Integrated Photovoltaic Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Industrial
• Commercial
• Residential

Building Integrated Photovoltaic Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Building Integrated Photovoltaic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies building integrated photovoltaic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the building integrated photovoltaic companies profiled in this report include-

• Hanergy Mobile Energy
• AGC
• The Solaria
• Heliatek
• Tesla
• Ertex Solar
• Onyx Solar
• Nanopv Solar
• Polysolar
• Viasolis

Building Integrated Photovoltaic Market Insights

Lucintel forecasts that roof installation is expected to witness largest growth over the forecast period due to enhanced strength and superior aesthetic charm in integrated roofs and skylights.

Within this market, industrial will remain the largest segment due to increasing utilization to decrease dependence on non-renewable energy sources.

Europe is expected to witness largest growth over the forecast period due to positive perception of renewable energy combined with consumer awareness regarding it.

Features of the Global Building Integrated Photovoltaic Market

Market Size Estimates: Building integrated photovoltaic market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Building integrated photovoltaic market size by technology, application, end use industry, and region in terms of value ($B).

Regional Analysis: Building integrated photovoltaic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, application, end use industry, and regions for the building integrated photovoltaic market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the building integrated photovoltaic market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for building integrated photovoltaic market?

Answer: The global building integrated photovoltaic market is expected to grow with a CAGR of 15.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the building integrated photovoltaic market?

Answer: The major drivers for this market are swift growth of solar photovoltaic installation capacities globally, driven by rising demand for renewable energy sources and growing recognition of energy security, self-sufficiency, and supportive government regulations.

Q3. What are the major segments for building integrated photovoltaic market?

Answer: The future of the building integrated photovoltaic market looks promising with opportunities in the industrial, commercial, and residential markets.

Q4. Who are the key building integrated photovoltaic market companies?

Answer: Some of the key building integrated photovoltaic companies are as follows.

• Hanergy Mobile Energy
• AGC
• The Solaria
• Heliatek
• Tesla
• Ertex Solar
• Onyx Solar
• Nanopv Solar
• Polysolar
• Viasolis

Q5. Which building integrated photovoltaic market segment will be the largest in future?

Answer: Lucintel forecasts that roof installation is expected to witness largest growth over the forecast period due to enhanced strength and superior aesthetic charm in integrated roofs and skylights.

Q6. In building integrated photovoltaic market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness largest growth over the forecast period due to positive perception of renewable energy combined with consumer awareness regarding it.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the building integrated photovoltaic market by technology (crystalline silicon, thin film , and others), application (roof, glass, wall, facade, and others), end use industry (industrial, commercial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?