Global Building-integrated Photovoltaics Facade Market by Technology (C-Si, Thin Film) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global building-integrated photovoltaics facade market was worth USD 818.2 millions in 2018. It is expected to grow at a 25.3% CAGR during the forecast period. This product is in high demand in developed countries that have an established electricity sharing system. Growth will be boosted by the increase in incentives and government schemes that promote BIPV as an alternative source of energy.

Building integrated photovoltaics are photovoltaic modules (PV), that can be combined with buildings or later added to the exterior of the building. Colored panels with high aesthetic value are now being used on commercial buildings' facades.

Due to their superior performance, the Crystalline Silicon (Ci) technology dominated the U.S. BIPV facade market. The growing concern about the environmental impact of non-renewable energies is likely to increase the demand.

Photovoltaics are increasingly being integrated with facades because of their increasing popularity in the commercial sector. Over the forecast period, photovoltaic integration will be encouraged by increased emphasis on electricity sharing and high subsidies from governments. BIPV in facades is also driven by an improved aesthetic appeal and the large number of custom solutions offered by market players.

The government has been active in Europe to promote building-integrated solar PV (BIPV). The future growth of regional demand will be driven by stringent regulations and policies enacted by regulatory bodies such as the Europe 2020 Renewable Energy Directive 2 and the National Renewable Energy Action Plan.

BIPV facades are becoming increasingly popular in new construction due to the growth of the building and construction industries, especially in developing countries of Asia Pacific. Ventilated photovoltaic facades offer superior benefits, such as higher yields in low irradiation or high-temperature conditions, lower acoustic pollution and elimination of thermal barriers.

Facade integrated photovoltaics will be more popular in the future due to rising concerns about environmental pollution from non-renewable energy sources. In Europe, there are tax incentives and benefits that encourage the adoption of BIPV facades.

Technology is complex and building-integrated photovoltaics installations require specialized knowledge and customization options. BIPV installations for facade are expensive because they require many components such as meters, inverters, system monitors and combiner boxes. In the near future, these factors will hinder the growth in the building-integrated solar facade (BIPV).

Technology Insights

In 2018, Crystalline silicon technology captured 71.9% of the BIPV fa§ade market. This dominance was due to the high strength and resistance to adverse weather conditions of the C-Si BIPV fa§ade. The declining cost of crystalline silicon cells is expected to drive the global market. This will in turn lead to a lower installation cost over the next seven year.

The fastest CAGR for thin-film facades with BIPV facades is 27.3%. This is due to technological advances that have led to the development of new products. Thin-film BIPV can be used even when there are significant weight limitations.

Due to its superior product efficiency, thin-film BIPV demand is expected to increase over the forecast period. The product's limited strength may limit its use. Superior product flexibility will drive an increase in organic photovoltaics demand over the next seven year. This growth will be slowed by the high maintenance and installation costs.

Regional Insights

Europe was the largest regional market, accounting for USD 285 millions in 2018. This is due to the high awareness of consumers and favorable outlook towards renewable energy. It is expected that the governments of Germany, Italy, and Spain will increase solar energy use, which will lead to a higher adoption of BIPV and promote regional market growth during the forecast period.

Europe has been a leader in promoting BIPV installation and forming mandates to facilitate their integration. For the integration of BIPV facades, guidelines are provided by policies such as the Renewable Energy Directive 2009/28/EC and the National Renewable Energy Action Plan, (NREAP), Solar Europe Initiative (EPBD), and the Energy Performance of Buildings Directive.

North America will see growth due to the growing use of integrated photovoltaics within commercial and industrial establishments. Carmanah Technologies Corporation was awarded a contract in August 2017 to install Canada's largest building-integrated solar photovoltaic system. Regional market is expected to grow due to the increase in these installations by large companies.

The governments of the Asia Pacific offer tax incentives to encourage the use of solar energy-harnessing solutions. In Thailand, the Energy Conservation Promotion Act 1992 (ENCON Act), established the ENCON Fund to provide investment incentives and subsidies to encourage the installation of solar cells in residential and commercial areas.

Building-integrated Photovoltaics Facade Market Insights

AGC Inc., Nippon Sheet Glass Co. Ltd., Solaria and Heliatek are some of the major players in this market. Their focus is on developing BIPV products for commercial, residential, and public spaces. Heliatek and LafargeHalocim announced in November 2017 that they had developed a unique concrete facade for photovoltaic energy generation.

BIPV facades have improved efficiency and durability due to increased investments and ongoing R&D in BIPV product development. In September 2017, AVANCIS launched the PowerMax SKALA architectural PV module based on CIGS. This product is an energy-producing alternative for traditional facade systems.

BIPV facades systems will be in high demand due to the emergence of thin-film technology. Their aesthetic appeal and low cost could explain this. This industry is also expected to grow in popularity due to continuous improvements in thin-film solar cell efficiency. Companies that are focusing on thin film solar technology include Heliatek and Polysolar, Kaneka and Flisom.

Report Scope

The report covers segments

This report provides a forecast of BIPV fa§ade revenue growth at both global and regional levels. It also analyzes the industry trends in each sub-segment from 2014 through 2025. Grand View Research has divided the global building-integrated solar photovoltaics facade market report on the basis of technology and region.

• Technology Outlook (Revenue USD Million, 2014-2025)

  • C-Si

  • Thin Film

  • Other

• Regional Outlook (Revenue USD Million; 2014-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • Spain

    • France

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

    • UAE

Up Market Research published a new report titled “Building-integrated Photovoltaics Facade Market research report which is segmented by Technology (C-Si, Thin Film), By Players/Companies C-Si, Technology Outlook (Revenue USD Million 2014 - 2025)C-SiThin FilmOthers, Thin Film, Others”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Building-integrated Photovoltaics Facade Market Report Segments:

The market is segmented by Technology (C-Si, Thin Film).

Building-integrated Photovoltaics Facade Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Building-integrated Photovoltaics Facade Market

Overview of the regional outlook of the Building-integrated Photovoltaics Facade Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Building-integrated Photovoltaics Facade Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Building-integrated Photovoltaics Facade Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. C-Si

                2. Thin Film

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Building-integrated Photovoltaics Facade Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Building-integrated Photovoltaics Facade Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.