Building-integrated Photovoltaics Market expected to expand at a compound annual growth rate (CAGR) of 20.5% from 2022 to 2030
Building-integrated Photovoltaics Industry Overview The global building-integrated photovoltaics market size was valued at USD 16.62 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.5% from 2022 to 2030. The rapid expansion of the solar photovoltaic (PV) installation capacities of different countries, coupled with increasing demand for renewable energy sources, is expected to drive the growth of the market across the world. Increased awareness for energy security and self-sufficiency and favorable government legislations, coupled with the unilateral obligation of countries such as Germany, Italy, France, the U.K., the U.S., China, Japan, and India to the Kyoto Protocol, designated to reduce greenhouse gas (GHG) emissions, are also expected to promote the growth of the market in the coming years. Gather more insights about the market drivers, restrains and growth of the Global Building-integrated Photovoltaics Market The presence of a consumer...