Asia Pacific Building Integrated Photovoltaics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Colored and Regular), Type (Monocrystalline, Polycrystalline, and Thinflim), Application (Roofs, Walls, Glass, Façade, and Others), and End Use (Commercial, Residential, and Industrial)
The building integrated photovoltaics market in Asia Pacific is expected to grow from US$ 1,032.74 million in 2021 to US$ 3,338.76 million by 2028; it is estimated to grow at a CAGR of 18.2% 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.
Asia-Pacific Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)
Asia-Pacific Building Integrated Photovoltaics Market Segmentation
The Asia-Pacific 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 Asia-Pacific building integrated photovoltaics market is segmented into residential, commercial, and industrial. The residential segment accounted for the highest share in the Asia-Pacific building integrated photovoltaics market in 2020. Similarly, based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia-Pacific. China contributed a substantial share in 2020.
AGC Inc., ClearVue Technologies Limited, Heliatek, Onyx Solar Group LLC, Saule Technologies, and Waaree Energies Ltd are among the leading companies in the Asia-Pacific building integrated photovoltaics market.
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. APAC Building Integrated Photovoltaics Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC 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 Complexes 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 – APAC Analysis
6.1 APAC Building Integrated Photovoltaics Market Overview
6.2 APAC Building Integrated Photovoltaics Market –Revenue and Forecast to 2028 (US$ Million)
7. APAC Building Integrated Photovoltaics Market Analysis – by Technology
7.1 Overview
7.2 APAC Building Integrated Photovoltaics Market Breakdown, by Technology (2020 and 2028)
7.3 Colored
7.3.1 Overview
7.3.2 Colored: APAC Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)
7.4 Regular
7.4.1 Overview
7.4.2 Regular: APAC Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)
8. APAC Building Integrated Photovoltaics Market Analysis – by Type
8.1 Overview
8.2 APAC Building Integrated Photovoltaics Market, by Type (2020 and 2028)
8.3 Monocrystalline
8.3.1 Overview
8.3.2 Monocrystalline: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Polycrystalline
8.4.1 Overview
8.4.2 Polycrystalline: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Thinfilm
8.5.1 Overview
8.5.2 Thinfilm: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Building Integrated Photovoltaics Market Analysis – by Application
9.1 Overview
9.2 APAC Building Integrated Photovoltaics Market, by Application (2020 and 2028)
9.3 Roofs
9.3.1 Overview
9.3.2 Roofs: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Walls
9.4.1 Overview
9.4.2 Walls: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Glass
9.5.1 Overview
9.5.2 Glass: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Facade
9.6.1 Overview
9.6.2 Facade: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
10. APAC Building Integrated Photovoltaics Market Analysis – by End Use
10.1 Overview
10.2 APAC Building Integrated Photovoltaics Market, by End Use (2020 and 2028)
10.3 Residential
10.3.1 Overview
10.3.2 Residential: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Commercial
10.4.1 Overview
10.4.2 Commercial: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Industrial
10.5.1 Overview
10.5.2 Industrial: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
11. APAC Building Integrated Photovoltaics Market – Country Analysis
11.1 Overview
11.1.1 APAC: Building Integrated Photovoltaic Market, by Key Country
11.1.1.1 Australia: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Australia: Building Integrated Photovoltaic Market, by Technology
11.1.1.1.2 Australia: Building Integrated Photovoltaic Market, by Type
11.1.1.1.3 Australia: Building Integrated Photovoltaic Market, by Application
11.1.1.1.4 Australia: Building Integrated Photovoltaic Market, by End Use
11.1.1.2 China: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 China: Building Integrated Photovoltaic Market, by Technology
11.1.1.2.2 China: Building Integrated Photovoltaic Market, by Type
11.1.1.2.3 China: Building Integrated Photovoltaic Market, by Application
11.1.1.2.4 China: Building Integrated Photovoltaic Market, by End Use
11.1.1.3 India: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 India: Building Integrated Photovoltaic Market, by Technology
11.1.1.3.2 India: Building Integrated Photovoltaic Market, by Type
11.1.1.3.3 India: Building Integrated Photovoltaic Market, by Application
11.1.1.3.4 India: Building Integrated Photovoltaic Market, by End Use
11.1.1.4 Japan: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Japan: Building Integrated Photovoltaic Market, by Technology
11.1.1.4.2 Japan: Building Integrated Photovoltaic Market, by Type
11.1.1.4.3 Japan: Building Integrated Photovoltaic Market, by Application
11.1.1.4.4 Japan: Building Integrated Photovoltaic Market, by End Use
11.1.1.5 South Korea: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 South Korea: Building Integrated Photovoltaic Market, by Type
11.1.1.5.2 South Korea: Building Integrated Photovoltaic Market, by Application
11.1.1.5.3 South Korea: Building Integrated Photovoltaic Market, by End Use
11.1.1.6 Rest of APAC: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of APAC: Building Integrated Photovoltaic Market, by Technology
11.1.1.6.2 Rest of APAC: Building Integrated Photovoltaic Market, by Type
11.1.1.6.3 Rest of APAC: Building Integrated Photovoltaic Market, by Application
11.1.1.6.4 Rest of APAC: 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
13.6 Waaree Energies Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Japan: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Japan: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 19. South Korea: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. South Korea: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. South Korea: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of APAC: Building Integrated Photovoltaic Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of APAC: Building Integrated Photovoltaic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of APAC: Building Integrated Photovoltaic Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of APAC: Building Integrated Photovoltaic Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Building Integrated Photovoltaics Market Segmentation
Figure 2. APAC Building Integrated Photovoltaics Market Segmentation – By Country
Figure 3. APAC 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. China was the Largest Revenue Contributor in 2020
Figure 9. APAC – PEST Analysis
Figure 10. APAC Building Integrated Photovoltaics Market– Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. APAC Building Integrated Photovoltaics Market: Impact Analysis of Drivers and Restraints
Figure 13. APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Building Integrated Photovoltaics Market Revenue Share, by Technology (2020 and 2028)
Figure 15. Colored: APAC Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Regular: APAC Building Integrated Photovoltaics Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Building Integrated Photovoltaics Market Revenue Share, by Type (2020 and 2028)
Figure 18. Monocrystalline : APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Polycrystalline: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Thinfilm: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Building Integrated Photovoltaics Market Revenue Share, by Application (2020 and 2028)
Figure 22. Roofs: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Walls: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Glass: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Facade: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Others: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. APAC Building Integrated Photovoltaics Market Revenue Share, by End Use (2020 and 2028)
Figure 28. Residential: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Commercial: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Industrial: APAC Building Integrated Photovoltaics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. APAC: Building Integrated Photovoltaic Market, by key Country – Revenue (2020) (US$ Million)
Figure 32. APAC: Building Integrated Photovoltaic Market Revenue Share, by Key Country (2020 and 2028)
Figure 33. Australia: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. China: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. India: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Japan: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. South Korea: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Rest of APAC: Building Integrated Photovoltaic Market – Revenue and Forecast to 2028 (US$ Million)
- AGC Inc.
- ClearVue Technologies Limited
- Heliatek
- Onyx Solar Group LLC
- Saule Technologies
- Waaree Energies Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific 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