Europe BIPV (Building Integrated Photovoltaic) Glass Market, By Product (Standard BIPV glass and Colored BIPV glass), Technology (Crystalline, Thin Film, and Mounting Systems), Raw Material (Crystalline Silicon, Amorphous Silicon, Organic photo Voltaic Cell, Dye Sensitized Solar Cells, Cadmium Telluride, Copper Indium Gallium Selenide, and Others), Appearance (Interior, Exterior), Glazing Type (Single Module, Double Module), Application (Atriums, Canopies, Facades, Skylight/Solar Glazing, Others), End-User (Residential Buildings, Commercial Buildings, Institutional Buildings, Infrastructural Buildings) – Industry Trends and Forecast to 2029.
Europe BIPV (Building Integrated Photovoltaic) Glass Market Analysis and Size
To meet the increased demand for electricity, various economies around the world are expanding their power generation capacity by building new plants or expanding the capacity of existing facilities. Due to strict government regulations governing greenhouse gas (GHG) emissions, the companies primarily focus on developing low-cost renewable energy sources.
Data Bridge Market Research analyses that the BIPV (Building Integrated Photovoltaic) glass market was valued at USD 288.16 million in 2021 and is expected to reach the value of USD 2855.40 million by 2029, at a CAGR of 33.2% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Europe BIPV (Building Integrated Photovoltaic) Glass Market Scope and Segmentation
Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Standard BIPV glass and Colored BIPV glass), Technology (Crystalline, Thin Film, and Mounting Systems), Raw Material (Crystalline Silicon, Amorphous Silicon, Organic photo Voltaic Cell, Dye Sensitized Solar Cells, Cadmium Telluride, Copper Indium Gallium Selenide, and Others), Appearance (Interior, Exterior), Glazing Type (Single Module, Double Module), Application (Atriums, Canopies, Facades, Skylight/Solar Glazing, Others), End-User (Residential Buildings, Commercial Buildings, Institutional Buildings, Infrastructural Buildings)
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Countries Covered
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Germany, U.K, Italy, France, Spain, Russia, Belgium, Switzerland, Netherlands, Turkey and Rest of Europe
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Market Players Covered
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AEET Energy Group GmbH (Germany), Dow (U.S.), Wuxi Suntech Power Co., Ltd. (China), Belectric (Germany), Carmanah Technologies Corp (Canada), Dyesol Ltd. (Australia), Solarwatt (Germany), Hanergy Holding Group Limited (China), Ertex Solartechnik GmbH (Germany), Canadian Solar (Canada), Tesla (U.S.), NanoPV Solar Inc. (U.S.), Greatcell Solar Materials (Australia),The Solaria Corporation (U.S.), Taiyo Kogyo Corporation (Japan) and Onyx Solar Group LLC (Spain)
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Opportunities
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Market Definition
Building integrated photovoltaics (BIPV) is a photovoltaics application in which photovoltaic elements are inserted in the roof, building walls, or facade of the structure. Building integrated photovoltaics (BIPV) is used as both a building envelope material and a power producer, saving money and materials. Building integrated photovoltaics (BIPV) systems decrease the use of fossil fuels and the production of ozone-depleting gases while improving the structure's architectural appeal.
BIPV (Building Integrated Photovoltaic) Glass Market Dynamics
Drivers
- Growing preference for sustainable developments
The growing integration of solar energy solutions in commercial structures for architectural optimization and energy savings may be contributing to the improved demand for building integrated photovoltaic materials. Furthermore, growing environmental concerns about non-renewable energy sources such as oil, coal, and other fossil fuels have increased competition for solar power generation. Furthermore, there has been a significant upsurge in demand for green or zero-emission structures in the design and construction sectors and an amplified emphasis on clean energy.
- Growth in infrastructural development activities
The increase in global population, combined with an increase in infrastructure development activities, will accelerate the growth rate of the building integrated photovoltaics (BIPV) glass market. Furthermore, the expansion of the industrial sector will drive market value growth. Other market growth determinants expected to support market growth include increased awareness of infrastructure development, particularly energy-efficient buildings.
Opportunities
- Research and development activities
Future breakthroughs in mainstream solar and other related technologies create profitable opportunities for market participants from 2022 to 2029. Furthermore, increased investment in research and development operations will propel the building integrated photovoltaics (BIPV) glass market forward.
Restraints
- Availability of substitutes
Due to the developing technology of rooftop solar PV, which is significantly faster than building integrated photovoltaics (BIPV), most consumers prefer it over BIPV (BIPV). This factor will pose a challenge to the growth rate of the building integrated photovoltaics (BIPV) glass market. The lack of uniformity in photovoltaic tiles is expected to stymie growth in the building integrated photovoltaics (BIPV) glass market.
This BIPV (Building Integrated Photovoltaic) glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the BIPV (Building Integrated Photovoltaic) glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on BIPV (Building Integrated Photovoltaic) Glass Market
The recent coronavirus outbreak harmed the building integrated photovoltaics (BIPV) glass market. The severe disruptions in various manufacturing and production, the supply chain of photovoltaic modules, and building and construction activities caused by various precautionary lockdowns imposed by governments to combat disease spread resulted in a massive financial setback for the market. Businesses were unable to find the workforce they required due to travel restrictions. The lockdowns also significantly impacted China's industrial capacity, as all major ship container companies had ceased operations out of Chinese ports and were no longer transporting goods from China to other countries. The aforementioned determinants will weigh the market's revenue trajectory over the forecast period. On the plus side, the market is expected to recover as individual regulatory bodies begin to relax these imposed restrictions. The suspended and cancelled operations will continue, and the market is expected to expand as a result.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Europe BIPV (Building Integrated Photovoltaic) Glass Market Scope
The building integrated photovoltaics (BIPV) glass market is segmented on the basis of product, technology, raw material, appearance, glazing type, applications and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Standard BIPV Glass
- Colored BIPV Glass
Technology
- Crystalline
- Thin Film
- Mounting Systems
Raw Material
- Crystalline Silicon
- Amorphous Silicon
- Organic photo Voltaic Cell
- Dye Sensitized Solar Cells
- Cadmium Telluride
- Copper Indium Gallium Selenide
- Others
Appearance
- Interior
- Exterior
Glazing Type
- Single Module
- Double Module
Applications
- Atriums
- Canopies
- Facades
- Skylight or Solar Glazing
- Others
End Users
- Residential Buildings
- Commercial Buildings
- Institutional Buildings
- Infrastructural Buildings
BIPV (Building Integrated Photovoltaic) Glass Market Regional Analysis/Insights
The BIPV (Building Integrated Photovoltaic) glass market is analyzed and market size insights and trends are provided by country, product, technology, raw material, appearance, glazing type, applications and end users as referenced above.
The countries covered in the BIPV (Building Integrated Photovoltaic) glass market report are Germany, U.K, Italy, France, Spain, Russia, Belgium, Switzerland, Netherlands, Turkey and Rest of Europe.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and BIPV (Building Integrated Photovoltaic) Glass Market Share Analysis
The BIPV (Building Integrated Photovoltaic) glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to BIPV (Building Integrated Photovoltaic) glass market.
Some of the major players operating in the BIPV (Building Integrated Photovoltaic) glass market are:
- AEET Energy Group GmbH (Germany)
- Dow (U.S.)
- Wuxi Suntech Power Co., Ltd. (China)
- Belectric (Germany)
- Carmanah Technologies Corp (Canada)
- Dyesol Ltd. (Australia)
- Solarwatt (Germany)
- Hanergy Holding Group Limited (China)
- Ertex Solartechnik GmbH (Germany)
- Canadian Solar (Canada)
- Tesla (U.S.)
- NanoPV Solar Inc. (U.S.)
- Greatcell Solar Materials (Australia)
- The Solaria Corporation (U.S.)
- Taiyo Kogyo Corporation (Japan)
- Onyx Solar Group LLC (Spain)
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