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BIPV Market Share, Industry Growth And Overview, 2013 To 2024: Hexa Reports

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The global BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research, Inc. Rising adoption of energy generation by renewable sources without comprising on the aesthetic appeal of buil
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Market Research Reports and Insightful Company Profiles
BIPV Market Analysis, Share and Size, Trends, Industry
Growth, Overview And Segment Forecasts, 2013 To 2024
The Global BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a
new report by Hexa Reports. Rising adoption of energy generation by renewable sources without
comprising on the aesthetic appeal of buildings is expected to drive growth over the forecast period.
Increasing demand for integrated installations is expected to be driven by the growing disposable
income of the consumers. In addition, rising concerns regarding averse environmental impact due to the
use of non-renewable energy sources are likely to account for the growth of the industry over the next
eight years.
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The industry has witnessed increased adoption of the environment-friendly energy sources by the multinational corporations to limit the carbon footprints. In addition, growing subsidies and tax reductions
offered by the national governments is expected to bolster the demand for the product.
The demand for the product has stemmed from the increased adoption of the integrated roofs, walls
and windows owing to superior aesthetic properties. In addition, the industry has witnessed increased
efforts towards the research & development activities leading to the development of magnetic
nanoparticles incorporated solar cells, leading to an enhanced efficiency of the overall installation.
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Market Research Reports and Insightful Company Profiles
Further key findings from the report suggest
Building integrated roofs accounted for over 61% of the overall revenue due to superior efficiency of the
roof-integrated systems. In addition, improved aesthetic appeal coupled with the ease of the integration
of the solar energy harnessing systems for rooftop installations.
Thin-film building integrated photovoltaics is expected to witness highest CAGR of over 20% from 2016
to 2024 due to superior integration with the building envelopes in comparison to the crystalline silicon.
The thin film is expected to grow owing to significant technology advancements leading to improved
performance efficiency as well as superior aesthetic appeal as compared to its counterparts.
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The market in Asia Pacific is expected to account for USD 7.48 Billion by 2024 due to increasing demand
for the technology from the rapidly developing building and construction industry in the region.
The companies in the market are involved in significant research & development activities to produce
advanced products, in a bid to increase the market share. Heliatek GmbH introduced the organic
building integrated photovoltaic cells, with high band gap resulting in superior efficiency.
Table Of Content
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3 BIPV: Market Variables, Trends & Scope
Chapter 4 BIPV: Technology Estimates & Trend Analysis
Chapter 5 BIPV: Application Estimates & Trend Analysis
Chapter 6 BIPV: End-use Estimates & Trend Analysis (USD Million)
Chapter 7 BIPV: Regional Estimates & Trend Analysis (USD Million)
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
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About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom
research and consulting services to a host of key industries across the globe. We offer comprehensive
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Market Research Reports and Insightful Company Profiles
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business environment and enable them to undertake strategic growth initiatives.
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