Middle East & Africa BIPV Glass Market
No. of Pages: 79 | Report Code: BMIRE00030759 | Category: Chemicals and Materials
No. of Pages: 79 | Report Code: BMIRE00030759 | Category: Chemicals and Materials
The Middle East & Africa BIPV glass market was valued at US$ 315.58 million in 2023 and is expected to reach US$ 910.03 million by 2031; it is estimated to register a CAGR of 14.2% from 2023 to 2031.
The rapid expansion of commercial facilities such as office buildings, shopping centers, and industrial complexes propels the demand for sustainable building materials and energy-efficient solutions. Manufacturing plants, warehouses, and other industrial facilities require substantial energy consumption for their operations. As businesses seek to optimize energy efficiency and reduce operational costs, BIPV glass emerges as a viable solution to offset electricity consumption and harness renewable energy directly on-site. The versatility and aesthetic appeal of BIPV glass contribute to its growing demand in industrial and commercial applications. BIPV glass offers a dual-purpose solution by serving as a building material and a renewable energy generator. This integration aligns with the sustainability goals of many commercial projects, allowing them to reduce their carbon footprint and energy costs simultaneously. Countries such as Uzbekistan and Azerbaijan are also undergoing economic development, leading to rising investments in infrastructure and urban development, including the construction of roads, bridges, residential complexes, and industrial facilities. The aesthetic appeal of BIPV glass complements modern architectural designs, making it an attractive option for commercial developers seeking functionality and visual appeal. Further, the Department of Energy of the US has expressed interest in better understanding the relationship between builders, roofing companies, and solar PV installers. As businesses increasingly prioritize sustainability and energy efficiency, BIPV glass emerges as a key solution for integrating renewable energy generation into commercial buildings. With ongoing innovations in BIPV technology and continued government support, the demand for BIPV glass is rising steadily.
In the Middle East & Africa, the market for BIPV glass is driven by factors such as the growing demand for energy-efficient buildings and the growth of the building & construction industry in the region. The UAE is one of the major markets for BIPV glass in the Middle East & Africa. The demand for sustainable and energy-efficient buildings has risen from end users and contractors in the Middle East & Africa. Countries such as Saudi Arabia and the UAE aim to reach their net-zero emissions targets by 2060 and 2050, respectively. The growing demand for energy-efficient buildings boosts the adoption of BIPV glasses, as BIPV glass promotes energy-efficient building design by reducing the building's reliance on external sources of electricity. Countries such as the UAE, Saudi Arabia, Qatar, and Oman are building commercial and residential projects as they are focusing on diversifying their economies. Thus, the rapidly growing building & construction industry in the Middle East & Africa drives the BIPV glass market growth in the country.
Strategic insights for the Middle East & Africa 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. The geographic scope of the Middle East & Africa 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.Middle East & Africa BIPV Glass Strategic Insights
Middle East & Africa BIPV Glass Report Scope
Report Attribute
Details
Market size in 2023
US$ 315.58 Million
Market Size by 2031
US$ 910.03 Million
Global CAGR (2023 - 2031)
14.2%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Material
By Glazing Type
By End Use
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa BIPV Glass Regional Insights
The Middle East & Africa BIPV glass market is categorized into material, glazing type, component type, end use, and country.
Based on material, the Middle East & Africa BIPV glass market is segmented into crystalline silicone, amorphous silicone, and others. The crystalline silicone segment held the largest share of Middle East & Africa BIPV glass market share in 2023.
In terms of glazing type, the Middle East & Africa BIPV glass market is bifurcated into single module and double module. The double module segment held a larger share of Middle East & Africa BIPV glass market in 2023.
By component type, the Middle East & Africa 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 Middle East & Africa BIPV glass market in 2023.
Based on end use, the Middle East & Africa BIPV glass market is categorized into residential, commercial, industrial, and others. The commercial segment held the largest share of Middle East & Africa BIPV glass market in 2023.
By country, the Middle East & Africa BIPV glass market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa BIPV glass market share in 2023.
Koch Industries, Inc.; AGC Inc.; Vitro, S.A.B de C.V; Onyx Solar Group LLC.; and Hanergy Holding Group Ltd. are some of the leading companies operating in the Middle East & Africa BIPV glass market.
The Middle East & Africa BIPV Glass Market is valued at US$ 315.58 Million in 2023, it is projected to reach US$ 910.03 Million by 2031.
As per our report Middle East & Africa BIPV Glass Market, the market size is valued at US$ 315.58 Million in 2023, projecting it to reach US$ 910.03 Million by 2031. This translates to a CAGR of approximately 14.2% during the forecast period.
The Middle East & Africa BIPV Glass Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa BIPV Glass Market report:
The Middle East & Africa BIPV Glass Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa BIPV Glass Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa BIPV Glass Market value chain can benefit from the information contained in a comprehensive market report.