Market Overview:
The global building integrated photovoltaics (BIPV) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of BIPV among consumers. The global BIPV market is segmented on the basis of type, application, and region. On the basis of type, it is divided into single stage centrifugal compressors and multi-stage centrifugal compressors. By application, it is classified into petrochemical industry, industrial manufacturing, transportation sector, and others. Region-wise, it covers North America, Latin America Europe Asia Pacific Middle East & Africa (MEA).
 Industry Outlook.svg)
Product Definition:
BIPV is the incorporation of photovoltaic technology into the building envelope, such that the building itself becomes a solar energy generator. BIPV applications can be found on rooftops, facades, and windows. The importance of BIPV is twofold: (1) it can help to increase a building's energy efficiency by generating electricity on-site; and (2) it can help to reduce greenhouse gas emissions by displacing conventional electricity generation from fossil fuels.
Single Stage Centrifugal Compressors:
Single-stage centrifugal compressors are used in the manufacturing of integrated circuits (IC), which is a major application area for building-integrated photovoltaics. The growing demand for renewable energy and reduction in cost with an increase in scale of production is expected to drive market growth over the forecast period.
The single stage centrifugal compressor has low power consumption, high efficiency, and low noise & vibration characteristics as compared to multi-stage compressors.
Multi-stage Centrifugal Compressors:
Multi-stage centrifugal compressors are used in the manufacturing of integrated photovoltaics (IPV) market. The multi-stage centrifugal compressor is a key component in the solar energy generation process. It helps to increase pressure within a certain range and decreases the pressure outside that range by reducing gas to liquid, thereby helping to maximize efficiency. Increasing demand for renewable sources of energy along with government support is expected to drive market growth over the forecast period.
Application Insights:
The industrial manufacturing segment accounted for the largest market share in 2017 and is expected to continue leading over the forecast period. This can be attributed to growing demand for energy efficient solutions in industries such as building & construction, oil & gas, pharmaceuticals, food processing and pulp & paper. The Petrochemical industry was estimated to account for a significant market share in 2017 owing to rising product demand across various applications including refineries, chemical plants and power generation stations.
BIPV technology has several advantages over conventional PV systems when it comes time to select an appropriate solution; these include lower installation cost per unit area due largely of economies of scale involved with large-scale production facilities coupled with ease of maintenance on account of integrated nature. Furthermore, BIPV offers high performance flexibility along with excellent aesthetics which makes it suitable within industrial manufacturing facilities thereby contributing towards larger market share estimates over the projected period.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest growth over the forecast period owing to increasing government initiatives and investments in R&D for BIPV. The regional market is expected to grow from USD X billion in 2016 to USD X billion by 2030, at a CAGR of XX% during the forecast period.
Increasing demand for electricity across emerging economies such as China and India coupled with growing industrialization has led governments across these countries towards energy conservation measures, which includes integrated solar PV systems based on BIPV technology for commercial buildings and industrial applications respectively.
Growth Factors:
- Increasing demand for renewable energy: The growing concern over climate change and the need to reduce greenhouse gas emissions is driving the demand for renewable energy sources such as solar.
- Declining cost of solar PV technology: The cost of solar PV has been declining rapidly in recent years, making it more competitive with other forms of electricity generation.
- Favorable government policies: Governments around the world are promoting the deployment of solar PV through a variety of policy instruments, such as feed-in tariffs, tax credits, and net metering schemes.
- Growing awareness about the benefits of BIPV: As people become more aware of the benefits of BIPV – such as increased efficiency and aesthetics – there is likely to be an increase in demand for these products.
- Advances in nanotechnology: Nanotechnology is making it possible to develop new types of BIPV products that are more efficient and affordable than ever before
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Integrated Photovoltaics (BIPV) Market Research Report
By Type
Single Stage Centrifugal Compressors, Multi-stage Centrifugal Compressors
By Application
Petrochemical Industry, Industrial Manufacturing, Transportation, Others
By Companies
Atlas Copco, Elliott, Ingersoll Rand, Siemens, GE Oil & Gas, MAN Diesel & Turbo, Gardner Denver, Kobelco, MHI, Hitachi, Hanwha Techwin, Kawasaki, IHI, Fusheng, Sullair
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Building Integrated Photovoltaics (BIPV) Market Report Segments:
The global Building Integrated Photovoltaics (BIPV) market is segmented on the basis of:
Types
Single Stage Centrifugal Compressors, Multi-stage Centrifugal Compressors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petrochemical Industry, Industrial Manufacturing, Transportation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Atlas Copco
- Elliott
- Ingersoll Rand
- Siemens
- GE Oil & Gas
- MAN Diesel & Turbo
- Gardner Denver
- Kobelco
- MHI
- Hitachi
- Hanwha Techwin
- Kawasaki
- IHI
- Fusheng
- Sullair
 Market Overview.svg)
Highlights of The Building Integrated Photovoltaics (BIPV) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Stage Centrifugal Compressors
- Multi-stage Centrifugal Compressors
- By Application:
- Petrochemical Industry
- Industrial Manufacturing
- Transportation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building Integrated Photovoltaics (BIPV) 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building Integrated Photovoltaics (BIPV) is a technology that integrates solar cells and other energy-generating components into the same physical structure, such as a roof or wall. This allows for greater efficiency and cost savings than traditional solar panel installation methods.
Some of the key players operating in the building integrated photovoltaics (bipv) market are Atlas Copco, Elliott, Ingersoll Rand, Siemens, GE Oil & Gas, MAN Diesel & Turbo, Gardner Denver, Kobelco, MHI, Hitachi, Hanwha Techwin, Kawasaki, IHI, Fusheng, Sullair.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Integrated Photovoltaics (BIPV) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building Integrated Photovoltaics (BIPV) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Integrated Photovoltaics (BIPV) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building Integrated Photovoltaics (BIPV) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building Integrated Photovoltaics (BIPV) Market Size & Forecast, 2020-2028
4.5.1 Building Integrated Photovoltaics (BIPV) Market Size and Y-o-Y Growth
4.5.2 Building Integrated Photovoltaics (BIPV) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Stage Centrifugal Compressors
5.2.2 Multi-stage Centrifugal Compressors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petrochemical Industry
6.2.2 Industrial Manufacturing
6.2.3 Transportation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Integrated Photovoltaics (BIPV) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Integrated Photovoltaics (BIPV) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Stage Centrifugal Compressors
9.6.2 Multi-stage Centrifugal Compressors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petrochemical Industry
9.10.2 Industrial Manufacturing
9.10.3 Transportation
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Stage Centrifugal Compressors
10.6.2 Multi-stage Centrifugal Compressors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petrochemical Industry
10.10.2 Industrial Manufacturing
10.10.3 Transportation
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Stage Centrifugal Compressors
11.6.2 Multi-stage Centrifugal Compressors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petrochemical Industry
11.10.2 Industrial Manufacturing
11.10.3 Transportation
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Stage Centrifugal Compressors
12.6.2 Multi-stage Centrifugal Compressors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petrochemical Industry
12.10.2 Industrial Manufacturing
12.10.3 Transportation
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Stage Centrifugal Compressors
13.6.2 Multi-stage Centrifugal Compressors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petrochemical Industry
13.10.2 Industrial Manufacturing
13.10.3 Transportation
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Integrated Photovoltaics (BIPV) Market: Competitive Dashboard
14.2 Global Building Integrated Photovoltaics (BIPV) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Elliott
14.3.3 Ingersoll Rand
14.3.4 Siemens
14.3.5 GE Oil & Gas
14.3.6 MAN Diesel & Turbo
14.3.7 Gardner Denver
14.3.8 Kobelco
14.3.9 MHI
14.3.10 Hitachi
14.3.11 Hanwha Techwin
14.3.12 Kawasaki
14.3.13 IHI
14.3.14 Fusheng
14.3.15 Sullair
