Global BIPV Glass Market Size By Material Type (Amorphous Silicon, Crystalline Silicon, Organic Photovoltaic Cell (OPV)), By Glazing Type (Single Module and Double Module), By End User (Residential And Commercial), By Geographic Scope And Forecast

BIPV Glass Market Size And Forecast

BIPV Glass Market size was valued at USD 16.96 Billion in 2020 and is projected to reach USD 169.07 Billion by 2028, growing at a CAGR of 33.5 % from 2021 to 2028.

BIPV glass is currently being used in commercial as well as residential buildings. Europe and North America are already using BIPV Glass and the spread of the use of this glass is gaining attention worldwide. The Global BIPV Glass Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global BIPV Glass Market Definition

BIPV or Building-Integrated Photovoltaics Glass is a photovoltaic glazing solution that replaces a conventional glazing product with one that simultaneously serves multiple purposes. It improves the energy efficiency of construction while generating electricity as well as providing an aesthetically appealing appearance. It combines architecture and construction.

Photovoltaics is one of the most promising renewable energy technologies. BIPV Glass can be applied to windows or skylights to provide a semi-transparent facade that allows a certain amount of light to enter the building. They replace conventional building materials in parts of the building envelope such as roof, skylight, or facade.

Global BIPV Glass Market Overview

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

BIPV Glass acts as a renewable source of energy while it looks appealing to the eye as well. In recent years with the growing environmental concern, BIPV Glass has been of great use in the building and construction industry. It adds environmental value to a project. It also reduces the need for artificial light in a building which in turn saves more energy.

Solar companies are working along with manufacturers of BIPV Glass for the invention of more advanced products that could be used.BIPV glass is currently being used in commercial as well as residential buildings. Europe and North America are already using BIPV Glass and the spread of the use of this glass is gaining attention worldwide. The drawback for BIPV Glass Market is that there is a higher level of investment when it comes to the application of this glass, so most building and construction companies try to avoid it. Also, there is not much awareness in the Asia Pacific Region for the benefits of this glass yet.

Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global BIPV Glass Market” is mainly bifurcated into sub-segments that can provide classified data regarding the latest trends in the market.

Global BIPV Glass MarketSegmentation Analysis

The Global BIPV Glass Market is Segmented on the basis of Material Type, Glazing Type, End User, And Geography.

BIPV Glass Market, By Material Type

• Amorphous Silicon• Crystalline Silicon• Organic Photovoltaic Cell (OPV)• Dye Sensitised Solar Cells (DSSC)• Others

Based on Material Type, The market is segmented into Amorphous Silicon, Crystalline Silicon, Organic Photovoltaic Cell (OPV), Dye Sensitised Solar Cells (DSSC), and Others.

BIPV Glass Market, By Glazing Type

• Single Module• Double Module

Based on Glazing Type, The market is segmented into Single Module and Double Module.

BIPV Glass Market, By End User

• Residential• Commercial

Based on End User, The market is segmented into Residential and Commercial.

BIPV Glass Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The Global BIPV Glass Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global BIPV Glass Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Asahi Glass Co., DuPont de Nemours Inc., Canadian Solar, Hanergy, Emmvee Photovoltaic Power Pvt. Ltd., First Solar Inc., and Solaria Corporation. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations, and Agreements

• In the recent turn of events, NSG Group, the owner of the Pilkington brand, and one of the world’s biggest glass producers, and Solaria, specialists in designing PV technologies, have shaken hands to collaborate to manufacture and produce BIPV solutions.

• In 2017, Skanska, and Saule Technologies entered into a collaboration aiming to develop photovoltaic glass for green office buildings.

• In November 2018, DuPont Photovoltaic Solutions shook hands with GCL System Integration Technology Co. Ltd, to consolidate their position in the market and aim to meet the rising consumer demands.

Mergers and Acquisitions

• In August 2017, The Dow Chemical Company and E.I. du Pont de Nemours & Company completed a successful merger to bolster their position in the market.

• In December 2020, SEEIT acquired a 50% stake in Onyx Renewable Partners in a $150m deal. In addition to this, SDCL Energy Efficiency Income Trust agreed to acquire 100% interest in four portfolios of solar and energy storage projects in the U.S.

Product Launches and Product Expansions

• In November 2018, Solarwatt decided to expand its business with the help of Anlagentechnik GmbH in Austria. This expansion would be beneficial for the company to bolster its international business in the international photovoltaic market.

• In March 2021, Vitro Architectural Glass announced the launch of Solarvolt building-integrated photovoltaic (BIPV) glass modules to aid CO2-free power generation for commercial buildings.

Report Scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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