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:
- End-user
- Commercial
- Residential
- Industrial
- Panel Type
- Crystalline Panel
- Thin-film Panel
- Geographic Landscape
- APAC
- Europe
- MEA
- 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 :
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- 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
Customer Landscape
- Overview
Geographic Landscape
- 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
Vendor Landscape
- Overview
- Landscape disruption
- Vendor Analysis
Vendors Covered
- 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.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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