Building Integrated Photovoltaics Market to See Strong Growth and Market Scope in the Next Few Years

Pune, India -- (SBWire) -- 02/18/2019 --Building Integrated Photovoltaics (BIPV) Market Research Report 2019

The Building Integrated Photovoltaics (BIPV) market research report is a professional and in-depth study on the current state of the global Building Integrated Photovoltaics (BIPV) Industry with a focus on the regional market. The report provides key statistics on the market status of the Building Integrated Photovoltaics (BIPV) players and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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.

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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 development 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.

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Top Market Key Players, 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

Market Segment by Regions, regional analysis covers, North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers, Single Crystal Silicon, Polycrystalline Silicon, Thin Film

Market Segment by Applications can be divided into, Residential, Commercial, Others

The objective of the reports:

The objective of the study is to define Building Integrated Photovoltaics (BIPV) market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.

Features of the report:
a. The analysis of the Building Integrated Photovoltaics (BIPV) market, their Growth, Demand, position, size, and share from different regions are mentioned in detailed.
b. The key players in the market and their share in the global market are discussed.
c. The new strategic plan and suggestions that will help old, as well as new market players to maintain the competitiveness, are also discussed.
d. The Building Integrated Photovoltaics (BIPV) market report provides some important points related to growth factors, challenges, opportunities, end-user analysis, achievement and so on.
e. The latest trends that are being followed in the market are included along with an example.

In the end, The report covers the precisely studied and evaluated data of the global market players and their scope in the market using a number of analytical tools. The analytical tools such as investment return analysis, SWOT analysis, and feasibility study are used to analyze the key global market player's growth in the Building Integrated Photovoltaics (BIPV) industry.

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