NEW YORK , July 23, 2024 /PRNewswire/ -- The global building integrated photovoltaics market size is estimated to grow by USD 36.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 21.
25% during the forecast period. Rising demand to reduce energy costs is driving market growth, with a trend towards growing number of green building. However, intermittent nature of solar power poses a challenge.
Key market players include AGC Inc., BELECTRIC Solar and Battery GmbH, Canadian Solar Inc., ertex solar, First Solar Inc.
, Hanergy Thin Film Power EME BV, Harsha Abakus Solar Pvt. Ltd., Heliatek GmbH, Kyocera Corp.
, Meyer Burger Technology AG, Onyx Solar Group LLC, PowerFilm Solar Inc., Reliance Industries Ltd., SCHOTT AG , Sharp Corp.
, Solaria Corp., Trina Solar Co. Ltd.
, United Solar Ovonic Inc., Wuxi Suntech Power Co. Ltd.
, and Yingli Green Energy Holding Co. Ltd..
Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Building Integrated Photovoltaics Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 21.25% Market growth 2024-2028 USD 36.17 billion Market structure Fragmented YoY growth 2022-2023 (%) 20.
65 Regional analysis Europe, APAC, North America, Middle East and Africa, and South America Performing market contribution Europe at 41% Key countries US, China, Japa.