BIPV (Building-integrated Photovoltaics) Market Growing Demand and Trends 2023 to 2030

Pune, India - (NewMediaWire) - March 3, 2023 -  "BIPV (Building-integrated photovoltaics)" Size, Scope, and Forecast 2023-2030 report has been added to the Market Research Archive of Absolute Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Global BIPV (Building-integrated photovoltaics) with respect to various aspects such as growth factors, challenges, restraints, developments, trends, and opportunities for growth. This report will surely be a handy tool for market players to come up with effective strategies with the aim of strengthening their positions in the market.

What is the BIPV (Building-integrated photovoltaics) growth?

Photovoltaic building is a new concept of applying solar power generation and is a perfect combination of solar photovoltaic system and modern building. It lays photovoltaic modules on the outer surface of building structures to provide electricity, integrating solar power generation system with roof, skylight, curtain wall and other buildings, building green and environmental protection housing. In BIPV, BAPV is relatively mature. Currently, BIPV is in the initial stage. Under the guidance of “double carbon target”( that is, to achieve peak carbon dioxide emissions by 2030 and carbon neutrality by 2060), building energy efficiency and distributed PV policy, and continuous progress in BIPV standards, global BIPV and the market is expected to witness a rapid rise.

As of 2020, BIPV accounted for about 50% of the global distributed PV installed capacity, about 15% of the total PV installation. The combination of PV and building is gradually becoming an important part of the PV installation, which is dominated by the combination of PV building and BAPV. In the world, the total installed capacity of BIPV in 2019 and 2020 amounted to 1.15GW and 2.3GW respectively, which is still in the initial stage before large-scale development, with huge space for future development.

According to Researchers’s analysis, overall, the impact of COVID-19 on the global PV industry is relatively small.

In 2020, global newly installed capacity of PV reached 130GW, up 13% YOY; China's newly installed capacity of PV was 48.2GW, up 60% YOY, ranking first in the world for 8 consecutive years, and the cumulative installed capacity reached 253GW, ranking first in the world for 6 consecutive years.

On October 24, 2021, China's State Council issued the "Action Plan to Achieve Peak Carbon Dioxide Emissions by 2030" to accelerate green changes in production and lifestyle, promote economic and social development based on the efficient use of resources and green low-carbon development, and ensure that the goal of peak carbon dioxide emissions by 2030 is achieved on schedule. The program calls for vigorous development of new energy, accelerating the development of intelligent photovoltaic industry, and promoting the diversified layout of photovoltaic power generation. It is planned that by 2030, the total installed capacity of wind and solar power generation in China should reach more than 1.2 billion kilowatts. At the same time, the optimization of building energy structure should be accelerated. It is planned that by 2025, the replacement rate of urban buildings renewable energy should reach 8%, the photovoltaic coverage rate of new public institutions buildings and new plant roofs should reach 50%.

According to Researchers’s analysis, in 2020, the rapid growth of China's domestic photovoltaic power generation directly led to the great development of China's photovoltaic industry chain links. In 2020, China's polysilicon production was 392,000 tons, up 14.6% YOY; silicon wafer production 161.3GW, up 19.7%; cell production 134.8GW, up 22.2% YOY; module production 124.6 GW, up 26.4% YOY. China's production scale of each link in PV industry chain accounted for more than 50% of the world and continues to maintain the world's first. The great development of China's photovoltaic industry has also promoted the technological progress of the industry, leading to the further reduction in the production cost of photovoltaic products and electricity.

In recent years, China's construction area of real estate development enterprises housing continues to increase. In 2020, housing construction area increased to 9.26759 billion square meters. The Ministry of Housing and Construction indicated that in 2020, there were 630 million square meters of new assembled buildings in China, accounting for about 20% of the total new construction area, or about 3.15 billion square meters of new construction area in 2020. Moreover, China's existing building area excels 40 billion square meters. All these indicates that there exists a huge potential for the BIPV market.

IT expects that in 2022-2030, global and China’s PV market demand will continue to rise, and for investors, there are many investment opportunities in the BIPV industry chain.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 60 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Client Focus

1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the BIPV (Building-integrated photovoltaics)?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, in Chapters, we elaborate at full length on the impact of the pandemic and the war on the BIPV (Building-integrated photovoltaics) Industry.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this BIPV (Building-integrated photovoltaics) Industry.

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This report provides a pin-point analysis of changing dynamics and emerging trends in the Global BIPV (Building-integrated photovoltaics). Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Global BIPV (Building-integrated photovoltaics) in the coming years. Further, the authors of the report have shed light on the factors that may hinder the growth of the Global BIPV (Building-integrated photovoltaics).

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BIPV (Building-integrated photovoltaics) - Competitive and Segmentation Analysis:

2. How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Top Key Players of the Global BIPV (Building-integrated photovoltaics)

1 LONGi Group
2 Risen Energy Co., Ltd
3 Arctech Solar Holding Co., Ltd.
4 SHENZHEN ENERGY Corporation
5 JinkoSolar Holding Co., Ltd.
6 Ming Yang Smart Energy Group Limited
7 Tesla
8 Trina Solar Co., Ltd.
9 Zhejiang Chint Electrics
10 Jinghua New Energy Technology Co., Ltd.
11 Changzhou Almaden Co

Short Description About BIPV (Building-integrated photovoltaics):

The Global BIPV (Building-integrated photovoltaics) is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

This report studies the BIPV (Building-integrated photovoltaics), covering market size for segment by type, by application, by sales channel (Direct Channel, Distribution Channel), and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for BIPV (Building-integrated photovoltaics) from 2015-2020, and provides extensive market forecasts from 2023-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the BIPV (Building-integrated photovoltaics).

Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.

This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

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3. What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2030) of the following regions are covered in Chapter 4 and Chapter 7:

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Please find a more complete list of data sources in Chapters

1.To study and analyze the global BIPV (Building-integrated photovoltaics) consumption (value) by key regions/countries, product type and application

2.To understand the structure of BIPV (Building-integrated photovoltaics) by identifying its various sub segments.

3.Focuses on the key global BIPV (Building-integrated photovoltaics) manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the BIPV (Building-integrated photovoltaics) with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of BIPV (Building-integrated photovoltaics) submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Customization of the Report

4. Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Detailed TOC of BIPV (Building-integrated photovoltaics) Market Insights and Forecast to 2030

1 Basic Concepts of Photovoltaic Buildings

1.1 Definition

1.2 Classification

1.3 Uses

1.4 Development History

1.5 Structural Framework

1.6 Business Model

2 Analysis of BIPV Industry Chain

2.1 Development Environment of BIPV Industry Chain, 2020-2021

2.2 Supplier Analysis

2.3 Analysis of Midstream Industry Chain

2.4 Analysis of Downstream Industry Chain

2.5 Impact of COVID-19 on BIPV Industry

3 Analysis of BIPV Demand

3.1 Overview of China's Economic Development

3.2 Government Policy Environment of China’s BIPV

3.2.1 Policy Overview

3.2.2 Policy Trends

3.3 Analysis of China’s PV Industry Development

3.3.1 Industry Overview

3.3.2 Industry Trends

3.4 Analysis of China’s BIPV Market Size

4 Global and China’s PV Industry Status, 2016-2021

4.1 Supply

4.1.1 Global Production

4.1.2 China’s Production

4.2 Demand

4.2.1 Global Market

4.2.2 China’s Market

4.3 Installed Capacity

4.3.1 Cumulative Installed Capacity

4.3.2 New Installations

5 BIPV Market Analysis

5.1 Analysis of Carbon Emissions in the Building Industry

5.2 Analysis of BIPV Stock

5.3 Analysis of PV Power Generation Cost

6 Analysis of Major Companies in BIPV Industry

6.1 LONGi Group

6.2 Risen Energy Co., Ltd

6.3 Arctech Solar Holding Co., Ltd.

6.4 SHENZHEN ENERGY Corporation

6.5 JinkoSolar Holding Co., Ltd.

6.6 Ming Yang Smart Energy Group Limited

6.7 Tesla

6.8 Trina Solar Co., Ltd.

6.9 Zhejiang Chint Electrics

6.10 Jinghua New Energy Technology Co., Ltd.

6.11 Changzhou Almaden Co

7 Outlook on China’s BIPV Industry, 2022-2030

7.1 Factors Influencing the Development of China's BIPV Industry, 2022-2030

7.1.1 Drivers and Market Opportunities for China’s BIPV Industry, 2022-2030

7.1.2 Threats and Challenges to China's BIPV Industry

7.2 Forecast on China’s BIPV Industry Supply, 2022-2030

7.2.1 Forecast on China's BIPV Production Capacity, 2022-2030

7.2.2 Forecast on China’s PV Production, 2022-2030

7.3 Forecast on BIPV Demand, 2022-2030

7.3.1 Forecast on Global BIPV Market

7.3.2 Forecast on China’s BIPV Market Demand

7.4 Investment and Development Suggestions for China's BIPV Industry, 2022-2030

Selected Charts

Chart Global BIPV Newly Installed Capacity, 2016-2021

Chart Global PV Newly Installed Capacity, 2016-2021

Chart Newly Installed Capacity of BIPV in China, 2016-2021

Chart New Building Area in China, 2016-2021

Chart Global BIPV Market Size, 2016-2021

Chart BIPV Market Size in China, 2016-2021

Chart Operation Status of LONGi Group

Chart Operation of Risen Energy Co., Ltd

Chart Operation of SHENZHEN ENERGY Corporation

Chart Operation of JinkoSolar Holding Co., Ltd.

Chart Operation of Ming Yang Smart Energy Group Limited

Chart Forecast on Global BIPV Market Size, 2022-2030

Chart Forecast on China’s BIPV Market Size, 2022-2030

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