Asia Pacific BIPV Glass Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031

Analysis - by Material (Crystalline Silicone, Amorphous Silicone, and Others), Glazing Type (Single Module and Double Module), Component Type (BIPV Glass Roofs, BIPV Glass Facades, and Others), and End Use (Residential, Commercial, Industrial, and Others)

No. of Pages: 94    |    Report Code: BMIRE00030717    |    Category: Chemicals and Materials

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Asia Pacific BIPV Glass Market
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The Asia Pacific BIPV glass market was valued at US$ 1,494.02 million in 2023 and is expected to reach US$ 6,661.10 million by 2031; it is estimated to register a CAGR of 20.5% from 2023 to 2031.

Rising Popularity of Solar Energy Boosts Asia Pacific BIPV Glass Market



The upsurging use of solar energy is revolutionizing the construction industry and sustainable energy landscape. As societies across the world grapple with the urgent need to transition toward renewable energy sources and mitigate the impacts of climate change, solar power has emerged as a frontrunner due to its abundance, accessibility, and environmental benefits. The growing solar energy adoption fuels the demand for innovative solutions such as BIPV glass to seamlessly integrate solar technology into building structures. Governments, businesses, and individuals are increasingly embracing solar power as a means to reduce carbon emissions, combat air pollution, and enhance energy security. BIPV glass plays a pivotal role in this transition by enabling buildings to generate their renewable energy while simultaneously fulfilling their functional and aesthetic requirements. Moreover, the versatility and design flexibility offered by BIPV glass contribute to its growing popularity in the construction industry. Unlike traditional solar panels, which are often bulky and visually intrusive, BIPV glass can be seamlessly integrated into building facades, windows, and roofing systems without compromising architectural aesthetics. This versatility allows architects and developers to incorporate solar energy solutions into their designs while maintaining the desired aesthetic appeal and enhancing the overall value of the property. Thus, rising popularity solar energy drives the growth of the BIPV glass market.

Asia Pacific BIPV Glass Market Overview



The BIPV glass market in Asia Pacific is driven by factors such as the increasing demand for sustainable and energy-efficient buildings, growth of the building & construction industry, and others. In recent years, the use of BIPV solar panels has gained wide application in the construction industry, especially in the design of energy-efficient buildings. The panels contribute to a green future and improve building performance by reducing dependence on fossil fuels. Energy efficiency and renewable energy are key factors in the transition of the region's buildings sector, driving the demand for BIPV glasses. In addition, the building & construction industry is growing rapidly in Asia Pacific due to increasing investments in the residential and commercial construction sectors, growing population, and urbanization. The growth of the industry in the region positively impacts the demand for BIPV glass from residential, commercial, and industrial applications. Asia Pacific is home to some of the major BIPV industry players and many small players. The presence of these players contributes to the growth of the BIPV glass market in the region. These players partner with construction firms and architects to tailor BIPV solutions to regional demands. Also, market players operating in the region are focusing on adopting various strategies such as new product launches and investments in research and development. In April 2022, Japanese glass manufacturer AGC developed a building-integrated PV panel for different building requirements. It can be installed on facades, curtain walls, and canopies where normal glass can be placed. According to the company, SunJoule panels can be adapted to different building requirements. Also, SunJoule is available with monofacial or bifacial cells, and the cell arrangement can be customized according to a client need. Such developments by the market players fuel the BIPV glass market growth in Asia Pacific.

Asia Pacific BIPV Glass Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific BIPV Glass Market Revenue and Forecast to 2031 (US$ Million)
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Asia Pacific BIPV Glass Strategic Insights

Strategic insights for the Asia Pacific BIPV Glass provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific BIPV Glass Report Scope

Report Attribute Details
Market size in 2023 US$ 1,494.02 Million
Market Size by 2031 US$ 6,661.10 Million
Global CAGR (2023 - 2031) 20.5%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Material
  • Crystalline Silicone
  • Amorphous Silicone
By Glazing Type
  • Single Module and Double Module
By End Use
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Koch Industries Inc
  • AGC Inc
  • Nippon Sheet Glass Co Ltd
  • Vitro, S.A.B. de C.V.
  • Onyx Solar Group LLC.
  • Roofit.Solar
  • Hanergy Holding Group Ltd
    		•
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    Asia Pacific BIPV Glass Regional Insights

    The geographic scope of the Asia Pacific BIPV Glass refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific BIPV Glass Market Segmentation



    The Asia Pacific BIPV glass market is categorized into material, glazing type, component type, end use, and country.

    Based on material, the Asia Pacific BIPV glass market is segmented into crystalline silicone, amorphous silicone, and others. The crystalline silicone segment held the largest share of Asia Pacific BIPV glass market share in 2023.

    In terms of glazing type, the Asia Pacific BIPV glass market is bifurcated into single module and double module. The double module segment held a larger share of Asia Pacific BIPV glass market in 2023.

    By component type, the Asia Pacific BIPV glass market is divided into BIPV glass roofs, BIPV glass facades, and others (windows and floors). The BIPV glass roofs segment held the largest share of Asia Pacific BIPV glass market in 2023.

    Based on end use, the Asia Pacific BIPV glass market is categorized into residential, commercial, industrial, and others. The commercial segment held the largest share of Asia Pacific BIPV glass market in 2023.

    By country, the Asia Pacific BIPV glass market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific BIPV glass market share in 2023.

    Koch Industries, Inc.; AGC Inc.; Nippon Sheet Glass Co., Ltd.; Vitro, S.A.B de C.V; Onyx Solar Group LLC.; Roofit.Solar; and Hanergy Holding Group Ltd. are some of the leading companies operating in the Asia Pacific BIPV glass market.

    Identical Market Reports with other Region/Countries

    The List of Companies - Asia Pacific BIPV Glass Market

    1. Koch Industries Inc
    2. AGC Inc
    3. Nippon Sheet Glass Co Ltd
    4. Vitro, S.A.B. de C.V.
    5. Onyx Solar Group LLC.
    6. Roofit.Solar
    7. Hanergy Holding Group Ltd
    Frequently Asked Questions
    How big is the Asia Pacific BIPV Glass Market?

    The Asia Pacific BIPV Glass Market is valued at US$ 1,494.02 Million in 2023, it is projected to reach US$ 6,661.10 Million by 2031.

    What is the CAGR for Asia Pacific BIPV Glass Market by (2023 - 2031)?

    As per our report Asia Pacific BIPV Glass Market, the market size is valued at US$ 1,494.02 Million in 2023, projecting it to reach US$ 6,661.10 Million by 2031. This translates to a CAGR of approximately 20.5% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific BIPV Glass Market report typically cover these key segments-

  • Material (Crystalline Silicone, Amorphous Silicone)
  • Glazing Type (Single Module and Double Module)
  • End Use (Residential, Commercial, Industrial)

    • What is the historic period, base year, and forecast period taken for Asia Pacific BIPV Glass Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific BIPV Glass Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2031
    • Who are the major players in Asia Pacific BIPV Glass Market?

    The Asia Pacific BIPV Glass Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Koch Industries Inc
  • AGC Inc
  • Nippon Sheet Glass Co Ltd
  • Vitro, S.A.B. de C.V.
  • Onyx Solar Group LLC.
  • Roofit.Solar
  • Hanergy Holding Group Ltd
    • Who should buy this report?

    The Asia Pacific BIPV Glass Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific BIPV Glass Market value chain can benefit from the information contained in a comprehensive market report.

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