25th February 2020 – Latest Research Report on Building
Integrated Photovoltaics (BIPV) Market begins with a deep introduction
and then search broad into specific segments such as raw material, application,
end user, and region, policy study, value chain structure, and upcoming trends
in particular segments or regions. The report on Building Integrated
Photovoltaics (BIPV) prepare a case for investments in different regions based
on a practical view of their regulatory outline, manufacturing dynamics, and
availability of skills and resources in that region.
Global Building Integrated Photovoltaics
(BIPV) Market is expected to grow at a significant CAGR in the upcoming period
as the scope and its applications are rising enormously across the globe. BIPV
is a photovoltaic component that is used to replace conventional building
materials, mainly in building features like skylights, facades, or roof, and
provide solar power for the building.
Top key Players
·
Suntech Power
·
Scheuten Solar
·
Dow Solar
·
Würth Solar
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The factors that are playing a major
role in the growth of the BIPV market are government initiative in the form of
regulation and funding, energy efficacy, and enhanced aesthetics. However, lack
of expertise, high investment, and building codes are the factors that could
restrain overall market growth in the years to come. Building integrated
photovoltaics market is segmented based on product type, technology,
application, and region.
Windows, roofing, facades, glazing,
glass, shading, wall integrated solution, and cladding are the product types
that could be explored in BIPV in the forecast period. Based on technology,
thin film and crystalline silicon technologies could classify BIPV in the
forecast period. Thin film technology is sub-segmented into organic
photovoltaic (OPV), amorphous silicon, dye-sensitized solar cells (DSSCs),
copper indium gallium selenide (CIGS), and cadmium telluride (CdTe). Whereas,
crystalline silicon technology is sub-segmented into multicrystalline and
monocrystalline silicon.
The thin film technology sector
accounted for the substantial market share of BIPV industry and is estimated to
lead the overall market in the years to come. The reason behind the overall
market growth could be its aesthetic factor, physical flexibility, and low in
cost. The market may be categorized based on applications like commercial
buildings, industrial buildings, residential buildings, and others that could
be explored in the forecast period.
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