Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Building Integrated Photovoltaics (BIPV) market.
Trusted Business Insights presents an updated and Latest Study on Building Integrated Photovoltaics (BIPV) Market. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Building Integrated Photovoltaics (BIPV) market during the forecast period.
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
Get Sample Copy of this Report @ Global Building Integrated Photovoltaics (BIPV) Market Research Report 2020 (Includes Business Impact of COVID-19)
“The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Building Integrated Photovoltaics (BIPV) market.
Building integrated photovoltaics (BIPV) are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope such as the roof, skylights, or facades. They are increasingly being incorporated into the construction of new buildings as a principal or ancillary source of electrical power, although existing buildings may be retrofitted with similar technology. The advantage of integrated photovoltaics over more common non-integrated systems is that the initial cost can be offset by reducing the amount spent on building materials and labor that would normally be used to construct the part of the building that the BIPV modules replace. These advantages make BIPV one of the fastest growing segments of the photovoltaic industry.
First, as for the building integrated photovoltaics industry, the industry structure is relatively dispersion. The top 5 manufacturers occupied 33.65% of market share in 2015. The top 3 manufacturers are First Solar, Sharp and Yingli Solar which occupied close to 22.08% market share in 2015. The First Solar, which has 7.81% market share in 2015, is the leader in the building integrated photovoltaics industry. The manufacturers following First Solar are Sharp and Yingli Solar which respectively has 7.28% and 7.00% market share in 2015.
Second, the global production of building integrated photovoltaics is 2218.2 MW in 2011 and 4426.1 MW in 2015, with the average growth rate of 18.30%. And the global building integrated photovoltaics develop steadily. In 2021, the global production of building integrated photovoltaics is 10700.6 MW at the average growth rate of 15.83%.
Third, Europe is the largest production region for building integrated photovoltaics with production market share about 34.09%. North America occupied about 23.35% production share in 2015.
Fourth, with the rapid develop of China PV market production growth rate of building integrated photovoltaics is high. The production of building integrated photovoltaics rises up from 271.5 MW in 2011 to 645.2 MW in 2015 with the average growth rate at 23.22%.
Finally, we believe building integrated photovoltaics industry have few connection with the upstream raw materials. With the development of PV industry we tend to believe the future of building integrated photovoltaics will be optimism.
The global Building Integrated Photovoltaics (BIPV) market is valued at 5950 million US$ in 2018 is expected to reach 19100 million US$ by the end of 2025, growing at a CAGR of 15.7% during 2019-2025.
This report focuses on Building Integrated Photovoltaics (BIPV) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Building Integrated Photovoltaics (BIPV) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Harsha Abakus Solar
Segment by Regions
Segment by Type
Single Crystal Silicon
Segment by Application
Quick Read Table of Contents of this Report @ Global Building Integrated Photovoltaics (BIPV) Market Research Report 2020 (Includes Business Impact of COVID-19)
Trusted Business Insights
Media & Marketing Executive
Email Me For Any Clarifications
Connect on LinkedIn
Click to follow Trusted Business Insights LinkedIn for Market Data and Updates.
US: +1 646 568 9797
UK: +44 330 808 0580