BIPV And BIOPV Market Size To Reach USD 31.14 Billion By 2024: Grand View Research, Inc.
Increasing demand for integrated installations is expected to be driven by the growing disposable income of the consumers. In addition, rising concerns regarding averse environmental impact due to the use of non-renewable energy sources are likely to account for the growth of the industry over the next eight years.
The industry has witnessed increased adoption of the environment-friendly energy sources by the multi-national corporations to limit the carbon footprints. In addition, growing subsidies and tax reductions offered by the national governments is expected to bolster the demand for the product.
The demand for the product has stemmed from the increased adoption of the integrated roofs, walls and windows owing to superior aesthetic properties. In addition, the industry has witnessed increased efforts towards the research & development activities leading to the development of magnetic nanoparticles incorporated solar cells, leading to an enhanced efficiency of the overall installation.
Browse full research report with TOC on"BIPV Market Analysis By Technology (Crystalline Silicon, Thin Film) By Application (Roofs, Walls, Glass Integrated, Facade), By End-Use (Residential, Commercial, Industrial), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2013 - 2024" at:http://www.grandviewresearch.com/industry-analysis/building-integrated-photovoltaics-bipv-market
Further key findings from the report suggest
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Grand View Research has segmented the global BIPV market on the basis of technology, application, end-use and region:
Access research insight:http://www.grandviewresearch.com/research-insights/bipv-biopv-market-insights-size-share
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