The global Building Integrated Photovoltaics (BIPV) market was valued at 555.19 Million USD in 2021 and will grow with a CAGR of 15.6% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

First Solar

Sharp

Yingli Solar

Solar Frontier

SunPower

Solarcentury

Hanwha Solar

REC Group

Panasonic

Kyocera

Canadian Solar

Suntech

Trina Solar

Meyer Burger

AGC Solar

Harsha Abakus Solar

Sapa Group

Wurth Solar

Chengdu Xushuang

Changzhou NESL

By Types:

Single Crystal Silicon

Polycrystalline Silicon

Thin Film

By Applications:

Residential

Commercial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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