North America Building Integrated Photovoltaics Market Forecast to 2028

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)

Report Code : BMIRE00025419 | Region : North America | Industry : Electronics and Semiconductor | Published Date : 19/Jul/2022

The building integrated photovoltaics market in North America is expected to grow from US$ 1,414.93 million in 2021 to US$ 3,704.92 million by 2028; it is estimated to grow at a CAGR of 14.7% from 2021 to 2028.

The potential for a rise in demand for renewable energy, combined with the electrification of transportation and increased involvement of oil and gas companies in the electricity value chain, is accelerating the convergence of the industries mentioned above. The surge in initiatives among states, cities, and utilities to pursue decarbonatization plans over the years is increasing the demand for renewable energy. The new administration is required to exercise its executive power to facilitate the implementation of renewables. This can include government land, procurement, foreign relations, trade, and agency appointments. Fossil fuels have dominated the energy production of most countries around the region since the industrial revolution. This significantly affects both the climate and human health. The combustion of fossil fuels for electricity results in three-quarters of greenhouse gas emissions. Fossil fuels are responsible for significant quantities of local air pollution. To reduce carbon dioxide emissions, renewable energy consumption has increased. Thus, the rise in investments in renewable power generation by major economies is expected to influence the uptake of building integrated photovoltaics during the forecast period.

North America Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)

North America Building Integrated Photovoltaics Market Segmentation

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.

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.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Building Integrated Photovoltaics Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Building Integrated Photovoltaics Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Government Initiatives to Standardize Building Integrated Photovoltaics Products

5.1.2 Increasing Investment in Construction of Residential and Commercial Complexes

5.2 Market Restraints

5.2.1 Low Uptake across Developing Countries

5.3 Market Opportunities

5.3.1 Increasing Demand for Renewable Power Generation across Industrial Sector

5.4 Future Trends

5.4.1 Rise in Strategic Initiatives by Key Players

5.5 Impact Analysis of Drivers and Restraints

6. Building Integrated Photovoltaics Market – North America Analysis

6.1 North America Building Integrated Photovoltaics Market Overview

6.2 North America Building Integrated Photovoltaics Market –Revenue and Forecast to 2028 (US$ Million)

7. North America Building Integrated Photovoltaics Market Analysis – by Technology

7.1 Overview

7.2 North America Building Integrated Photovoltaics Market Breakdown, by Technology (2020 and 2028)

7.3 Colored

7.3.1 Overview

7.3.2 Colored: North America Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)

7.4 Regular

7.4.1 Overview

7.4.2 Regular: North America Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)

8. North America Building Integrated Photovoltaics Market Analysis – by Type

8.1 Overview

8.2 North America Building Integrated Photovoltaics Market, by Type (2020 and 2028)

8.3 Monocrystalline

8.3.1 Overview

8.3.2 Monocrystalline: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Polycrystalline

8.4.1 Overview

8.4.2 Polycrystalline: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Thinfilm

8.5.1 Overview

8.5.2 Thinfilm: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Building Integrated Photovoltaics Market Analysis – by Application

9.1 Overview

9.2 North America Building Integrated Photovoltaics Market, by Application (2020 and 2028)

9.3 Roofs

9.3.1 Overview

9.3.2 Roofs: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Walls

9.4.1 Overview

9.4.2 Walls: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Glass

9.5.1 Overview

9.5.2 Glass: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Facade

9.6.1 Overview

9.6.2 Facade: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Building Integrated Photovoltaics Market Analysis – by End Use

10.1 Overview

10.2 North America Building Integrated Photovoltaics Market, by End Use (2020 and 2028)

10.3 Residential

10.3.1 Overview

10.3.2 Residential: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Commercial

10.4.1 Overview

10.4.2 Commercial: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Industrial

10.5.1 Overview

10.5.2 Industrial: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

11. North America Building Integrated Photovoltaics Market – Country Analysis

11.1 Overview

11.1.1 North America: Building Integrated Photovoltaic Market, by Key Country

11.1.1.1 US: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 US: Building Integrated Photovoltaic Market, by Technology

11.1.1.1.2 US: Building Integrated Photovoltaic Market, by Type

11.1.1.1.3 US: Building Integrated Photovoltaic Market, by Application

11.1.1.1.4 US: Building Integrated Photovoltaic Market, by End Use

11.1.1.2 Canada: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Canada: Building Integrated Photovoltaic Market, by Technology

11.1.1.2.2 Canada: Building Integrated Photovoltaic Market, by Type

11.1.1.2.3 Canada: Building Integrated Photovoltaic Market, by Application

11.1.1.2.4 Canada: Building Integrated Photovoltaic Market, by End Use

11.1.1.3 Mexico: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Mexico: Building Integrated Photovoltaic Market, by Technology

11.1.1.3.2 Mexico: Building Integrated Photovoltaic Market, by Type

11.1.1.3.3 Mexico: Building Integrated Photovoltaic Market, by Application

11.1.1.3.4 Mexico: Building Integrated Photovoltaic Market, by End Use

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Development

13. Company Profiles

13.1 Heliatek

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 AGC Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Onyx Solar Group LLC.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 ClearVue Technologies Limited

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Saule Technologies

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. US: Building Integrated Photovoltaic Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Building Integrated Photovoltaic Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Building Integrated Photovoltaic Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Building Integrated Photovoltaic Market, by End Use –Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)

Table 10.   Mexico: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 11.   Mexico: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.   Mexico: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 13.   Mexico: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)

Table 14.   List of Abbreviation

LIST OF FIGURES.

Figure 1. North America Building Integrated Photovoltaics Market Segmentation

Figure 2. North America Building Integrated Photovoltaics Market Segmentation – By Country

Figure 3. North America Building Integrated Photovoltaics Market Overview

Figure 4. Regular Technology Segment Held the Largest Market Share in 2020

Figure 5. Monocrystalline Type Held the Largest Market Share in 2020

Figure 6. Façade Application Held the Largest Market Share in 2020

Figure 7. Residential End User Held the Largest Market Share in 2020

Figure 8. US was the Largest Revenue Contributor in 2020

Figure 9. North America – PEST Analysis

Figure 10.   North America Building Integrated Photovoltaics Market– Ecosystem Analysis

Figure 11.   Expert Opinion

Figure 12.   North America Building Integrated Photovoltaics Market: Impact Analysis of Drivers and Restraints

Figure 13.   North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.   North America Building Integrated Photovoltaics Market Revenue Share, by Technology (2020 and 2028)

Figure 15.   Colored: North America Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.   Regular: North America Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.   North America Building Integrated Photovoltaics Market Revenue Share, by Type (2020 and 2028)

Figure 18.   Monocrystalline : North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.   Polycrystalline: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.   Thinfilm: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.   North America Building Integrated Photovoltaics Market Revenue Share, by Application (2020 and 2028)

Figure 22.   Roofs: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.   Walls: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.   Glass: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.   Facade: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.   Others: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.   North America Building Integrated Photovoltaics Market Revenue Share, by End Use (2020 and 2028)

Figure 28.   Residential: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.   Commercial: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.   Industrial: North America Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.   North America: Building Integrated Photovoltaic Market, by key Country – Revenue (2020) (US$ Million)

Figure 32.   North America: Building Integrated Photovoltaic Market Revenue Share, by Key Country (2020 and 2028)

Figure 33.   US: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.   Canada: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.   Mexico: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - North America Building Integrated Photovoltaics Market

● AGC Inc.

● ClearVue Technologies Limited

● Heliatek

● Onyx Solar Group LLC

● Saule Technologies

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Building Integrated Photovoltaics Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America Building Integrated Photovoltaics Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Building Integrated Photovoltaics Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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