Building-integrated photovoltaics market research, including global supply and demand analysis and 2

Tatsuki0227 Jun, 2023News

Building-Integrated Photovoltaics Market Study by Type (Thin-Film, Crystalline) and Application (Industrial Buildings, Commercial Buildings, Residential Buildings) - Global Supply and Demand Analysis and Opportunity Outlook 2023-2035 The building-integrated photovoltaic market size is estimated to grow at a CAGR of around 15% during the forecast period 2023-2035, reaching around US$107 billion by the end of 2035. In addition, the 2022 building-integrated photovoltaic market size was around US$20 billion. According to our building-integrated photovoltaic market research, the market growth can be attributed to the increasing installation of solar panels worldwide. Rising demand for renewable resources along with growing concerns about environmental pollution is estimated to drive the market growth. According to estimates, by 2022, China will have 100% of solar panels installed, while India will have 50%.