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Building Integrated Photovoltaics (BIPV) Market Share

Report ID: GMI9377
Published Date: May 2024
Report Format: PDF

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Building Integrated Photovoltaics Market Share

AGC Inc. and ONYX Solar Group LLC hold a significant share of over 2% in the building integrated photovoltaics industry. AGC Inc. holds a significant revenue share due to its innovative glass solutions that seamlessly integrate solar technology into building facades and roofing. AGC's commitment to sustainability and energy efficiency, combined with its cutting-edge technology and broad range of aesthetic options, positions it as a leader in transforming buildings into energy-generating structures.

ONYX Solar Group LLC holds a major market share in the building integrated photovoltaics market due to its specialization in producing high-quality photovoltaic glass for integration into buildings. Their innovative solutions, which combine aesthetic architectural designs with energy efficiency, have made them a preferred choice for sustainable building projects worldwide, effectively transforming ordinary surfaces into solar energy generators.

Building Integrated Photovoltaics Market Companies

Major players operating in the building integrated photovoltaics industry are:

AGC Inc.
ONYX Solar Group LLC
Hanergy Mobile Energy Holding Group Limited
Maxeon Solar Technologies, Ltd. (The Solaria Corporation)
Tesla, Inc.
SunPower Corporation
Ertex-Solar

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of building integrated photovoltaics was reached USD 23.4 billion in 2023 and is expected to register over 20% CAGR from 2024 to 2032, owing to growing concerns about climate change and environmental degradation worldwide.

Building integrated photovoltaics industry from the crystalline silicon cells segment held over 40% share in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to their high efficiency in converting sunlight into electricity.

Asia Pacific building integrated photovoltaics (BIPV) industry and is expected to register over 21.5% CAGR from 2024 to 2032 due to governments across the region, increasingly supporting renewable energy through mandates and incentives.

AGC Inc., ONYX Solar Group LLC, Hanergy Mobile Energy Holding Group Limited, Maxeon Solar Technologies, Ltd. (The Solaria Corporation), Tesla, Inc., SunPower Corporation, and Ertex-Solar, are some of the major building integrated photovoltaics (BIPV) companies worldwide.