Transparency Market Research, New York: The global building-integrated photovoltaics (BIPV) market was valued at around US$ 5 Bn in 2017 and is anticipated to expand at a CAGR of more than 23% from 2018 to 2026, according to a new research report titled ‘Building-integrated Photovoltaics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). Building-integrated photovoltaics (BIPV) is a technology that integrates solar elements into buildings to generate electricity.
Request for Covid-19 Impact Analysis on Building-integrated Photovoltaics Market: https://www.transparencymarketresearch.com/Covid19.php
BIPV products provide additional functionalities to a building unlike traditional construction materials. Use of the BIPV technology converts buildings from energy consumers into energy producers. In order to achieve this, the construction technology is required to be merged with the BIPV technology. Here, photovoltaic modules serve the purpose of building exteriors, such as roofs, facades, and skylights. BIPVs protect buildings from climatic conditions and noise. Also, they offer thermal insulation. Rooftop solar photovoltaic (PV) systems are gaining popularity, due to scarcity of ground space and availability of unused roof space. The BIPV technology reduces total building material costs and mounting costs, as BIPVs do not require brackets and rails. Hence, their popularity has been increasing continuously. Designers and architects use BIPV products with innovative methods, whereas manufacturers continue to develop new products to meet the rising demand. Companies such as Sanyo, SCHOTT Solar, Sharp, and SUNTECH are working on the new BIPV products for facades, skylights, and windows.
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php
Among technologies, the crystalline silicon segment dominated the global BIPV market in 2017. Two types of crystalline silicon photovoltaics are used i.e. monocrystalline silicon and polycrystalline silicon. Crystalline silicon glass can be easily customized, especially in terms of shape, as trapezoids can be easily fabricated by using this technology.
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/454
Purchase Premium Research Report on Building-integrated Photovoltaics Market @ https://www.transparencymarketresearch.com/checkout.php
Among applications, the facades segment dominated the global building-integrated photovoltaics market, holding more than 30% of the market share, in terms of value, in 2017. A facade is the principal front of a building, which faces a street or open space. Some of the advantages of using PVs on facades include protection of the building from excessive solar radiations. They can also provide an alternative for expensive cladding in prestigious buildings. The facades segment was followed by the roofs segment in 2017.
Europe dominated the global building-integrated photovoltaics market in 2017. Germany is a major country of the building-integrated photovoltaics market in Europe. The country accounted for more than 25% share of the market in the region in 2017. Support from the government in the form of incentives and regulations is growing in Germany and this factor is largely driving the market in the country. In May 2018, use of solar facades for a social housing apartment building in Best, Noord Brabant (the Netherlands) was finalized. De Willem en de Zwijger is among the first zero-energy apartment complexes in the Netherlands. The five-floor high, 48-apartment, twin buildings present an innovative, energy-efficient, affordable, and aesthetically pleasing alternative for conventional social housing.
The global building-integrated photovoltaics market is highly fragmented. A large number of local as well as international players offer BIPV products. Key players operating in the global market are ISSOL SA, Onyx Solar Group LLC, BIPVco Ltd, ViaSolis, ertex solartechnik GmbH, Sphelar Power Corporation, NanoPV technologies Inc., Navitas Green Solutions Pvt. Ltd, Ankara Solar AS, Hermans Techniglaz BV, Jiaxing Feiya New Energy Co., Ltd, and Polysolar Ltd.
Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm
The global building-integrated photovoltaics market has been segmented as follows:
Global Building-integrated Photovoltaics Market, by Technology
Global Building-integrated Photovoltaics Market, by Application
Global Building-integrated Photovoltaics Market, by End-user
Global Building-integrated Photovoltaics Market, by Region
Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm
Explore Transparency Market Research’s award-winning coverage of the global Energy & Natural Resources Industry,
Gas Turbine Services Market – The global gas turbine services market is divided on the basis of type of gas turbine into heavy duty gas turbine and aero derivatives. Currently, heavy duty type gas turbine is the leading segment owing to increase in the number of large gas fired plants. The industry can be further divided by rated capacity turbines are segmented into 1 to 40 MW, 40 to 120 MW, 120 to 300 MW, and above 300 MW. In terms of service, gas turbine services market is segmented into maintenance, repair and overhaul. Gas turbine services market is segmented on the basis of end user applications as original equipment manufacturer and non-original equipment manufacturer and in terms of applications, it is segmented as oil and gas, power generation and other industries.
Variable Renewable Energy Market – Growing concerns about the environment and rising usage of clean energy substitutes are likely to be key factors driving the global variable renewable energy market during the forecast period. Electricity rates are inherently volatile. They fluctuate monthly, annually, and depending on season. Over the last decade, electricity prices have risen greatly and they are poised to increase even more during the forecast period. This, in turn, is projected to augment the demand for use of variable renewable energy in the near future.
Weather Forecasting Services Market – Increasing incidence of natural disasters due to undesired climatic changes and subsequent security concerns are propelling the weather forecasting services market. Advanced and reliable weather forecasting achieved within the stipulated time can lead to significant cost savings and also help with protection against catastrophes and natural disasters. Weather forecasting services are based on complex models due to which the industry requires trained meteorologists and geologist to operate the weather forecasting systems. Therefore, a dearth of trained workforce may hamper the market. However, technological advancements in computing system such as advanced data analytics, model development and machine learning tools and techniques are likely to provide new opportunities to players involved in weather forecasting services.
Diamond Mining Market – High demand for diamond jewelry from emerging markets such as China, India, Brazil, and Thailand is driving the global diamond mining market. Rising demand for diamonds for use in industrial applications also boosts the global market. Diamonds that are not of commercial quality are used in industrial applications, such as grinding wheels for drilling, cutting, polishing applications, electronic chips, and laser components. Increasing demand for high-quality products from consumers has prompted companies across different industries to adopt high-quality cutting tools in their manufacturing operations.
Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr. Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY – 12207
USA – Canada Toll Free: 866-552-3453
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/building-integrated-photovoltaics-market.htm