Technavio has been monitoring the building integrated photovoltaics market and it is poised to grow by USD 10.67 bn during 2020-2024, progressing at a CAGR of about 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Building Integrated Photovoltaics Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Canadian Solar Inc., First Solar Inc., Heliatek GmbH, KYOCERA Corp., Meyer Burger Technology AG, Sharp Corp., Trina Solar Co. Ltd., United Solar Ovonic Inc., Wuxi Suntech Power Co. Ltd., and Yingli Green Energy Holding Co. Ltd. are some of the major market participants. Although the need to reduce energy costs will offer immense growth opportunities, the intermittent nature of solar power will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The need to reduce energy costs has been instrumental in driving the growth of the market. However, the intermittent nature of solar power might hamper the market growth.
Building integrated photovoltaics market 2020-2024 : Segmentation
Building integrated photovoltaics market is segmented as below:
- Crystalline Panel
- Thin-film Panel
- North America
- South America
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Building integrated photovoltaics market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our building integrated photovoltaics market report covers the following areas:
- Building integrated photovoltaics market size
- Building integrated photovoltaics market trends
- Building integrated photovoltaics market industry analysis
This study identifies increasing solar energy consumption and installation as one of the prime reasons driving the building integrated photovoltaics market growth during the next few years.
Building integrated photovoltaics market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the building integrated photovoltaics market, including some of the vendors such as Canadian Solar Inc., First Solar Inc., Heliatek GmbH, KYOCERA Corp., Meyer Burger Technology AG, Sharp Corp., Trina Solar Co. Ltd., United Solar Ovonic Inc., Wuxi Suntech Power Co. Ltd., and Yingli Green Energy Holding Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the building integrated photovoltaics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Building integrated photovoltaics market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist building integrated photovoltaics market growth during the next five years
- Estimation of the building integrated photovoltaics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the building integrated photovoltaics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of building integrated photovoltaics market vendors
Table Of Contents :
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user placement
- Commercial – Market size and forecast 2019-2024
- Residential – Market size and forecast 2019-2024
- Industrial – Market size and forecast 2019-2024
- Market opportunity by End user
Market Segmentation by Panel Type
- Market segments
- Comparison by Panel type placement
- Crystalline panel – Market size and forecast 2019-2024
- Thin-film panel – Market size and forecast 2019-2024
- Market opportunity by Panel type
- Geographic segmentation
- Geographic comparison
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
- Landscape disruption
- Vendor Analysis
- Market positioning of vendors
- Canadian Solar, Inc.
- First Solar Inc.
- Heliatek GmbH
- KYOCERA Corp.
- Meyer Burger Technology AG
- Sharp Corp.
- Trina Solar Co. Ltd.
- United Solar Ovonic, Inc.
- Wuxi Suntech Power Co. Ltd.
- Yingli Green Energy Holding Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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