Building-Integrated Photovoltaics Facade Market to Develop Rapidly by 2022-2029

Global Building-Integrated Photovoltaics Facade Market was valued at USD 1,025.0 million in 2021 and is expected to reach USD 6307.74 million by 2029, registering a CAGR of 25.5% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes technological advancements, regulatory framework, PESTEL, porter's five forces analysis, industry standards-at a glance, raw material costs/ operational expenditure-overview, supply chain analysis, vendor selection criteria, pricing analysis, production analysis, and climate chain scenario.
The Building-Integrated Photovoltaics Facade Market and Size
The various economies across the globe, are expanding their power generation capacity by building new plants or expanding the capacity of existing facilities, to meet the increased demand for electricity. The companies are largely working on creating low-cost sources of renewable energy generation due to tight government rules surrounding greenhouse gas (GHG) emissions. Over the estimated period, rapid growth in the construction sector is expected to generate possibilities for enterprises to participate in the worldwide building-integrated photovoltaics facade market.