Middle East and Africa Building Integrated Photovoltaics (BIPV) Glass Market, By 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) – Industry Trends and Forecast to 2029.
Market Analysis and Size
The various economies across the globe, are expanding their power generation capacity by building new plants or expanding the capacity of existing facilities, to meet the increased demand for electricity. The companies are largely working on creating low-cost sources of renewable energy generation due to tight government rules surrounding greenhouse gas (GHG) emissions. Over the estimated period, rapid growth in the construction sector is expected to generate possibilities for enterprises to participate in the worldwide building integrated photovoltaics (BIPV) glass market.
Middle East and Africa Building Integrated Photovoltaics (BIPV) Glass Market was valued at USD 18413.04 million in 2021 and is expected to reach USD 112591.5 million by 2029, registering a CAGR of 25.40% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Building integrated photovoltaics (BIPV) is a photovoltaics application in which the photovoltaic elements become an integral part of the structure and are embedded in the roof, building walls, or façade. Building integrated photovoltaics (BIPV) is used as a building envelope material and as a power producer, resulting in cost and material savings. Building integrated photovoltaics (BIPV) systems reduce the use of fossil fuels and the generation of ozone-depleting gases while simultaneously boosting the architectural appeal of the structure.
Report Scope and Market Segmentation
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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 2019 - 2014)
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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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By 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)
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Countries Covered
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U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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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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Market Opportunities
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Building Integrated Photovoltaics (BIPV) Glass Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Requirement of Building Integrated Photovoltaics (BIPV) Glass
The increased demand for building integrated photovoltaic materials might be connected to the growing integration of solar energy solutions in commercial structures for architectural optimization and energy savings. Furthermore, growing environmental concerns about the depletion of nonrenewable energy sources such as oil, coal, and other fossil fuels have raised competition for solar power generation. Furthermore, demand for green or zero-emission structures has risen dramatically in the design and construction sectors and an increased emphasis on clean energy.
The surge in population across the globe coupled with the surge in infrastructure development activities will further propel the growth rate of building integrated photovoltaics (BIPV) glass market. Additionally, the growth of the industrial sector will also drive market value growth. The greater awareness of infrastructure development, particularly energy-efficient buildings, are other market growth determinants projected to bolster the market's growth.
Opportunities
- Breakthroughs in Technologies and Increasing Investments
Furthermore, the futuristic breakthroughs in mainstream solar and other related technologies extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the increased investment for research and development operations will further expand the future growth of the building integrated photovoltaics (BIPV) glass market.
Restraints/Challenges
- Absence Of Uniformity
The absence of uniformity in photovoltaic tiles is anticipated to create hindrances for the growth of the building integrated photovoltaics (BIPV) glass market.
- Growing Preference of Rooftop Solar
Also, the majority of consumers prefer rooftop solar over building integrated photovoltaics (BIPV) due to the developing technology of rooftop solar PV, which is substantially faster than that of building integrated photovoltaics (BIPV). This factor will pose a challenge to thebuilding integrated photovoltaics (BIPV) glass market growth rate.
This building integrated photovoltaics (BIPV) 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 building integrated photovoltaics (BIPV) 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.
COVID-19 Impact on Building Integrated Photovoltaics (BIPV) Glass Market
The recent outbreak of coronavirus had a negative impact on the building integrated photovoltaics (BIPV) glass market. The severe disruptions in various manufacturing and production, the supply-chain supply chain of photovoltaic modules, and the building and construction activities due to the various precautionary lockdowns imposed by governments to curb the spread of disease resulted in huge financial setback for the market. Due to travel limitations, businesses were unable to find the workforce they needed for their operations. Furthermore, 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 carrying goods from China to other countries. Over the forecast period, the aforementioned determinants will weigh the market's revenue trajectory over the forecast period.
On the brighter side, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations will continue and as a result the market is estimated to expand.
Middle East and Africa Building Integrated Photovoltaics (BIPV) 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
Building Integrated Photovoltaics (BIPV) Glass Market Regional Analysis/Insights
The building integrated photovoltaics (BIPV) 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 building integrated photovoltaics (BIPV) glass market report are Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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 global 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 Building Integrated Photovoltaics (BIPV) Glass Market Share Analysis
The building integrated photovoltaics (BIPV) 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, global 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 building integrated photovoltaics (BIPV) glass market.
Some of the major players operating in the building integrated photovoltaics (BIPV) 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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