Report : North America Building Integrated Photovoltaics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Colored and Regular), Type (Monocrystalline, Polycrystalline, and Thinfilm), Application (Roofs, Walls, Glass, Façade, and Others), and End Use (Commercial, Residential, and Industrial)
Regular Segment to Dominate North America Building Integrated Photovoltaics Market during 2019–2028
According to a new market research study on “North America Building Integrated Photovoltaics Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technology, Type, Application, and End Use,” is expected to reach US$ 3,704.92 million by 2028 from US$ 1,414.93 million in 2021. The market is estimated to grow at a CAGR of 14.7% from 2021 to 2028. Increasing demand for renewable power generation across industrial sector is the major factor driving the growth of the North America building integrated photovoltaics market. However, low uptake across developing countries may hinder the growth of North America building integrated photovoltaics market. The report provides trends prevailing in the North America building integrated photovoltaics market along with the drivers and restraints pertaining to the market growth.
The North America building integrated photovoltaics market is segmented into technology, type, application, end use, and country. Based on technology, the market is bifurcated into colored and regular. The regular segment accounted for a larger share in 2020. In terms of type, the market is segmented into monocrystalline, polycrystalline, and thinfilm. The monocrystalline segment accounted for the largest share of the market in 2020. Based on application, the market is segmented into roofs, walls, glass, façade, and others. The façade segment accounted for the largest share in 2020. Based on end use, the North America building integrated photovoltaics market is segmented into residential, commercial, and industrial. The residential segment accounted for the highest share in the North America building integrated photovoltaics market in 2020. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020.
AGC Inc., ClearVue Technologies Limited, Heliatek, Onyx Solar Group LLC, and Saule Technologies are among the leading companies in the North America building integrated photovoltaics market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Insulsteel Building Sciences LLC has been appointed as the ClearVue product's manufacturer and distributor in the United States, along with Insulsteel's EPS and steel insulated wall panels. Insulsteel wants to build a factory to produce ClearVue's solar PV IGUs for its own projects.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email Id: sales@businessmarketinsights.com