Building-Integrated Photovoltaics Market Size, Industry Analysis By Technology (Crystalline Silicon, Thin Film, And Others), By Application (Roofs, Walls, Glass, Facade, And Others), By End-Use (Residential, Commercial, And Industrial) & Region - Forecast
- PUBLISHED ON
- 2024-02-08
- NO OF PAGES
- 278
- CATEGORY
- Energy & Power
Global Building-Integrated Photovoltaics Market Analysis by Technology, End Use, Application, Region and segments forecast till 2033
Market Overview
The global building-integrated photovoltaics market is currently valued at USD 19,820 million and is poised to amplify at a CAGR of 20.5% over 2023-2033, thereby amassing a valuation of USD 88,380 million by end of the assessment timeframe.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 19,820 Million |
Market Forecast in 2033 | USD 88,380 Million |
CAGR % 2023-2033 | 20.5% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Technology, End Use, Application |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | SolarWindow Technologies, Inc., AGC Inc., Hanergy Mobile Energy Holding Group Limited, The Solaria Corporation, Heliatek GmbH, Carmanah Technologies Corp., Greatcell, Tesla, BELECTRIC, and ertex solartechnik GmbH |
Building-integrated photovoltaics are referred to as the type of materials that are predominantly integrated in buildings to replace conventional building materials in parts such as facades, roof, and skylights. These components reduce the electricity costs, minimize pollution levels, and enhance the structural appearance of a building. Building-integrated photovoltaics are available in a wide array of categories including crystalline based solar panels, thin-film solar panels, and semi-transparent solar panels, among others.
The escalating demand for renewable energy sources, rise in construction activities, and increasing environmental cognizance of the masses are primarily augmenting the outlook of this industry vertical. Furthermore, technological advancements in the field, surge in the number of smart buildings, and rise in disposable income levels are creating lucrative opportunities for the marketplace to prosper. Alongside, widespread economic developments across the globe is positively swaying the dynamics of this market.
Moreover, elevating demand for uninterrupted power supply along with the rising instances of fossil fuel depletion are creating an upward trend for the industry progression. Besides, rising R&D investments in the field and stringent regulations mandating the adoption of clean energy sources across various nations are adding traction to the growth of this market sphere. On the flipside, high initial investment costs pertaining to the components is hindering the remuneration scope of this industry.
With increasing depletion of fossil fuels and rising emission rates, there has been a shifting inclination of the masses towards energy conservation initiatives. Several nations are promoting the construction of green buildings by integrating energy efficient power generation sources. This is turn is augmenting the outlook of this market vertical. Factors such as population expansion, prompt industrialization, and widespread urbanization has increased the demand for continuous power supply. With stringent regulations mandating the use of energy efficient power generation resources, there has been a rapid adoption of photovoltaic components across buildings. This is turn is stimulating the overall business outlook.
Technology Insights
The crystalline silicon segment is poised to amass notable gains over the stipulated timeline owing to the functional efficacy and affordability of these components.
Installation Insights
The roofs segment is slated to generate significant returns by 2033 since roofs offer the best scope for energy harvesting as they are placed at a specific angle.
Application Insights
The commercial segment is expected to capture a high revenue share over the estimated timeline due to increasing environmental awareness among the masses.
Regional Insights
The primary regions defining the geographical terrain of this industry are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, Asia Pacific is anticipated to showcase lucrative expansion trends. This is attributable to the rising construction activities, stringent emission norms, and growing environmental consciousness of the masses.
Competitive Analysis
The prominent players operating in the marketplace are SolarWindow Technologies, Inc., AGC Inc., Hanergy Mobile Energy Holding Group Limited, The Solaria Corporation, Heliatek GmbH, Carmanah Technologies Corp., Greatcell, Tesla, BELECTRIC, and ertex solartechnik GmbH.
· Notably, Hanergy Thin Film Power Group inked a partnership deal with CSR Group to jointly develop their thin film flat building-integrated photovoltaics range named SOLARtile.
Global Building-Integrated Photovoltaics Market- Segmental Analysis
By Technology:
• Crystalline silicon
• Thin film
• Others
By Application:
• Roofs
• Walls
• Glass
• Façade
• Others
By End-Use:
• Residential
• Commercial
• Industrial
Why to buy this Report?
The report provides quantitative and qualitative aspect for Global Building-Integrated Photovoltaics Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Global Building-Integrated Photovoltaics Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
• Business Model
• Production Capacity, Revenue, Sales, Gross Margin
• Key Business Strategy
• SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the Card Type in taking a key decision within the business:
• Company Share Analysis from 2020-2022
• Company Analysis by Revenue and Sales
• Company Production Capacity, Gross Margin
• Company Share Analysis by Card Type/Card Type
• Company Share Analysis by Product/Specification
1.
Global Building-Integrated Photovoltaics
Market Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Building-Integrated Photovoltaics Market Definition & Description
1.3. Global
Building-Integrated Photovoltaics Market Scope and Market Estimation
1.3.1. Global
Building-Integrated Photovoltaics Market Size, Revenue (US$ Mn), Market CAGR
(%), Market forecast (2023-2033)
1.3.2. Global
Building-Integrated Photovoltaics Market Revenue Share (%) and Growth Rate
(Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Technology
of Global Building-Integrated Photovoltaics Market
1.4.2. Application
of Global Building-Integrated Photovoltaics Market
1.4.3. End-Use
of Global Building-Integrated Photovoltaics Market
1.4.4. Region of Global Building-Integrated Photovoltaics Market
2.
Executive
Summary
2.1. Global
Building-Integrated Photovoltaics
Market Industry Trends under COVID-19 Outbreak
2.1.1. Global
COVID-19 Status Overview
2.1.2. Influence
of COVID-19 Outbreak on Global Building-Integrated
Photovoltaics Market Industry Development
2.2. Market
Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact
Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1. Bargaining
Power of Suppliers
2.5.2. Bargaining
Power of Buyers
2.5.3. Threat
of Substitutes
2.5.4. Threat
of New Entrants
2.5.5. Competitive
Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region
3. Global Building-Integrated Photovoltaics Market Estimates & Historical Trend Analysis (2020 - 2022)
4.
Global
Building-Integrated Photovoltaics Market Estimates & Forecast Trend Analysis, By Technology
4.1. Global
Building-Integrated Photovoltaics Market Revenue (US$ Mn) Estimates and
Forecasts, By Technology, 2023 to 2033
4.1.1. Crystalline
silicon
4.1.2. Thin
film
4.1.3. Others
5.
Global
Building-Integrated Photovoltaics Market Estimates & Forecast Trend Analysis, By Application
5.1. Global
Building-Integrated Photovoltaics Market Revenue (US$ Mn) Estimates and
Forecasts, By Application, 2023 to 2033
5.1.1. Roofs
5.1.2. Walls
5.1.3. Glass
5.1.4. Façade
5.1.5. Others
6.
Global
Building-Integrated Photovoltaics Market Estimates & Forecast Trend Analysis, By End-Use
6.1. Global
Building-Integrated Photovoltaics Market Revenue (US$ Mn) Estimates and
Forecasts, By End-Use, 2023 to 2033
6.1.1. Residential
6.1.2. Commercial
6.1.3. Industrial
7.
Global
Building-Integrated Photovoltaics Market Estimates & Forecast Trend Analysis, By Region
7.1. Global
Building-Integrated Photovoltaics Market Revenue (US$ Mn) Estimates and
Forecasts, By Region, 2023 to 2033
7.1.1. North
America
7.1.2. Europe
7.1.3. Asia
Pacific
7.1.4. Middle
East & Africa
7.1.5. South America
8.
North
America Building-Integrated
Photovoltaics Market: Estimates & Forecast Trend Analysis
8.1. North
America Building-Integrated Photovoltaics Market Assessments & Key Findings
8.1.1. North
America Building-Integrated Photovoltaics Market Introduction
8.1.2. North America
Building-Integrated Photovoltaics Market Size Estimates and Forecast (US$
Million) (2023 to 2033)
8.1.2.1. By Technology
8.1.2.2. By Application
8.1.2.3. By End-Use
8.1.2.4. By
Country
8.1.2.4.1. The
U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Europe
Building-Integrated Photovoltaics Market:
Estimates & Forecast Trend Analysis
9.1. Europe
Building-Integrated Photovoltaics Market Assessments & Key Findings
9.1.1. Europe
Building-Integrated Photovoltaics Market Introduction
9.1.2. Europe
Building-Integrated Photovoltaics Market Size Estimates and Forecast (US$
Million) (2023 to 2033)
9.1.2.1. By Technology
9.1.2.2. By Application
9.1.2.3. By End-Use
9.1.2.4. By
Country
9.1.2.4.1. Germany
9.1.2.4.2. U.K.
9.1.2.4.3. France
9.1.2.4.4. Italy
9.1.2.4.5. Spain
9.1.2.4.6. Russia
9.1.2.4.7. Rest of Europe
10. Asia Pacific Building-Integrated Photovoltaics Market:
Estimates & Forecast Trend Analysis
10.1. Asia
Pacific Market Assessments & Key Findings
10.1.1. Asia
Pacific Building-Integrated Photovoltaics Market Introduction
10.1.2. Asia
Pacific Building-Integrated Photovoltaics Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
10.1.2.1. By Technology
10.1.2.2. By Application
10.1.2.3. By End-Use
10.1.2.4. By
Country
10.1.2.4.1.
China
10.1.2.4.2.
Japan
10.1.2.4.3.
India
10.1.2.4.4.
Australia
10.1.2.4.5.
South Korea
10.1.2.4.6.
ASEAN
10.1.2.4.7. Rest of Asia Pacific
11. Middle East & Africa Building-Integrated Photovoltaics Market:
Estimates & Forecast Trend Analysis
11.1. Middle
East & Africa Market Assessments & Key Findings
11.1.1. Middle
East & Africa Building-Integrated
Photovoltaics Market Introduction
11.1.2. Middle
East & Africa Building-Integrated Photovoltaics Market Size Estimates
and Forecast (US$ Million) (2023 to 2033)
11.1.2.1. By Technology
11.1.2.2. By Application
11.1.2.3. By End-Use
11.1.2.4. By
Country
11.1.2.4.1. U.A.E.
11.1.2.4.2. Saudi
Arabia
11.1.2.4.3. Egypt
11.1.2.4.4. South
Africa
11.1.2.4.5. Rest of Middle East & Africa
12. South America Building-Integrated Photovoltaics Market:
Estimates & Forecast Trend Analysis
12.1. South
America Market Assessments & Key Findings
12.1.1. South
America Building-Integrated Photovoltaics Market Introduction
12.1.2. South
America Building-Integrated Photovoltaics Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
12.1.2.1. By Technology
12.1.2.2. By Application
12.1.2.3. By End-Use
12.1.2.4. By
Country
12.1.2.4.1. Brazil
12.1.2.4.2. Argentina
12.1.2.4.3. Colombia
12.1.2.4.4. Rest of South America
13. Competition Landscape
13.1. Global
Building-Integrated Photovoltaics Market Competition Matrix & Benchmarking,
by Leading Players / Innovators / Emerging Players / New Entrants
13.2. Global Building-Integrated Photovoltaics Market Concentration & Company Market Shares (%) Analysis, 2022
14. Company Profiles
14.1. SolarWindow Technologies
14.1.1. Company
Overview & Key Stats
14.1.2. Financial
Performance & KPIs
14.1.3. Product
Portfolio
14.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the
players mentioned below
14.2. AGC Inc.
14.3. Hanergy Mobile Energy Holding Group Limited
14.4. The Solaria Corporation
14.5. Heliatek GmbH
14.6. Carmanah Technologies Corp.
14.7. Greatcell
14.8. Tesla
14.9. BELECTRIC
14.10. ertex solartechnik GmbH.
14.11. Others**
15. Research Methodology
15.1. External
Transportations / Databases
15.2. Internal
Proprietary Database
15.3. Primary
Research
15.4. Secondary
Research
15.5. Assumptions
15.6. Limitations
15.7. Report FAQs
16. Research Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI