Global Building Integrated Photovoltaics Glass Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 30.97% during the forecast period that is 2017-2025. Photovoltaics (PV) are a means of producing electricity directly through the use of solar energy without any environmental harm. These PV’s are increasingly used in commercial, residential and industrial infrastructure that enables the reduction in energy cost and the dependence on fossil fuels.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

BIPV (Building integrated photovoltaics) are glass panes with in-built photovoltaic cells installed between two sheets of glass. These classes of glass provide glazing solutions unlike conventional glasses and offers extended benefits such as energy efficiency. BIPV glasses are extensively used in building roofs, skylights, facades, curtain walls and spandrels among others. The growing government intervention in strengthening the renewable energy domain is anticipated to positively affect the BIPV glass market during the forecast period. According to Veracious Statistics Research analysis, the global BIPV glass market is projected to grow at a CAGR of over 10% during the assessment period.

Building Integrated Photovoltaics Glass Market: An Upward Trend

The growing construction of commercial as well as residential buildings along with the rising demand for environment friendly materials are the major factors boosting the BIPV glass market. Moreover, the presence of strict regulations for conservation of energy along with the strive towards self-sustainable infrastructure especially in commercial buildings, is projected generated substantial revenue during the review period. Furthermore, the sound and thermal insulation properties of BIPV glass is also expected to add to the market growth.

On the basis of material type, the Crystalline silicon is projected to hold a dominant market share during the forecast years. Crystalline silicon BIPV glasses are widely used in canopy, skylight and spandrel applications among others. Moreover, these crystalline silicon PV glasses provides with benefits such as ease of customization, enhanced nominal power capacity per square foot, and requires less area for installation. On the basis of verticals, the commercial segment is projected to display maximum gains during the forecast period. The growing construction of commercial buildings across the globe, coupled with the growing awareness about the benefits of renewable energy, is projected to drive the growth of the segment during the assessment years.

Regional Analysis

The global BIPV Glass market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. According to Veracious Statistics Research analysis, the European region is projected to dominate the global BIPV glass market during the review period.  The presence of stringent regulations in the region aimed for environmental protection is one the major market driving factors of the region. North America is projected to be another major BIPV glass market during the review period. The presence of robust infrastructure especially in U.S along with the rising adoption of green technologies is adding to the growth of the market in this region.

Global BIPV Glass Market Size, Share Analysis, By Region 2017

Asia pacific is projected to show burgeoning growth during the forecast period. The rapid industrialization in the region has surged the construction activities which is projected to positively effect the BIPV glass market in the region. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.    

Global BIPV Glass Market Study Objective

1. To forecast the market size of BIPV glass market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of BIPV glass market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of BIPV glass market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of BIPV glass market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the BIPV glass market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Competitive Landscape:

The proficient players operating in the global BIPV Glass market has adopted various organic and inorganic growth strategies to enhance their presence in the global market. For instance, on September 2017, Solaria Corporation announced the development of a new BIPV glass technology ‘PowerVison-150’. This new technology is in line with the company’s strategy to cater to the growing demands from the electrical and solar distributor markets. Some of the major players operating in the global BIPV glass market are Compagnie De Saint-Gobain S.A., Asahi Glass Co., LTD, Nippon Electricals Ltd, Solaria Corporation, E.I Dupont De Numours and Company, Rwe Ag, Hanwha Chemical Co, Ltd, and Canadian Solar Inc, among others.

Global BIPV Glass Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.