20 June, 2020- A recent market intelligence report that is published by Data Insights Partner on the global Building Integrated Photovoltaics (BIPV) Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Building Integrated Photovoltaics (BIPV)Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Building Integrated Photovoltaics (BIPV)Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Building Integrated Photovoltaics (BIPV)Market is offered. In accordance with the report, the global Building Integrated Photovoltaics (BIPV)Market is projected to expand at a CAGR of 10.00% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Integrated Photovoltaics are widely adopted by construction industries as a chief source of electrical power. The various conventional materials used in buildings such as skylights, roofs or facades are now being replaced by photovoltaic materials or Building Integrated Photovoltaics.
Huge amount of support received from the Government, various financial and economic benefits offered and various strategies adopted in order to encourage energy consumption is the key factor for the growth of global BIPV market in the forecast period. The high energy efficiency that is ensured with the installation of BIPV, many residential, commercial and industrial industries are adopting the use this technology. BIPV modules have diverse use along with advancement in technology and innovation, thereby propelling the growth of this market in the forecast period.
However, the major challenge faced by the global Building Integrated Photovoltaics (BIPV) market is the high initial investment required. Also, various measurements and building codes are required to use this technology. The major restraint, however, for the growth of this market globally is the lack of expertise and skilled knowledge to use this technology.
Due to, government regulations to increase the use of BIPV for energy generation along with the disposable income, Asia Pacific is expected to have the highest growth in the forecast period. Also, reduction in taxes and growing subsidies by the Government will act as an opportunity for Building Integrated Photovoltaics market to grow further in the forecast period.
However, with the outbreak of Covid-19, the global economy has been impacted in various ways. Production and demand has been affected, along with disruption in the supply chain and a major financial impact on firms and financial markets. With strict lockdown observed in majority regions globally, many construction industries have shut down operations completely, thereby decreasing the demand of BIPV technology.
Segment Covered:
This market intelligence report on the global Building Integrated Photovoltaics (BIPV)Market encompasses market segments based on product type, application and country/regions.
In terms of technology, the global Building Integrated Photovoltaics (BIPV)Market is segregated into :
- C-Si
- Thin Film
- Others
By application, the global Building Integrated Photovoltaics (BIPV)Market is also classified into :
- Roofs
- Walls
- Glass
- Façade
- Others
By end users, the global Building Integrated Photovoltaics (BIPV)Market is also classified into :
- Residential
- Commercial
- Industrial
By country/region, the global Building Integrated Photovoltaics (BIPV)Market has been divided into :
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- AGC Solar
- BIPV Ltd
- Belectric Holding GmBH
- Heliatek GmBH and many more
- CentroSolar AG
- Schott Solar Ag
- DOW Solar
- First Solar
- United Solar Ovanic
- Wurth Solar GmBH
- Ascent Solar Technologies Inc.
- Powerfilm Inc.
- Suntech Power Holding Co. Ltd
- Dyesol Ltd.
- Kyocera Corporation and many more
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Building Integrated Photovoltaics (BIPV)related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
- This study offers comprehensive yet detailed analysis of the Building Integrated Photovoltaics (BIPV)Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
- It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
- This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
- Profiling of key market players in the world Building Integrated Photovoltaics (BIPV)Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
- Leading market players covered this report comprise names such as Centrosolar AG, Schott Solar Ag, DOW Solar, First Solar, United Solar and many more.
- The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
- The world market for Building Integrated Photovoltaics (BIPV)Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Building Integrated Photovoltaics (BIPV)Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
- Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
- Reports have been made based on the guidelines as mandated by General Data Protection Regulation
- Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Building Integrated Photovoltaics (BIPV)Market
- Identification of key factors driving investment opportunities in the Building Integrated Photovoltaics (BIPV) Market
- Facilitate decision-making based on strong historic and forecast data
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Develop strategies based on the latest regulatory events
- Identify key partners and business development avenues
- Respond to your competitors’ business structure, strategy and prospects
- Identify key strengths and weaknesses of important market participants
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