North America Bipv Glass Market Forecast 2024-2032

The North America BIPV glass market is anticipated to accelerate at a CAGR of 17.59% during the forecast period, 2024 and 2032. The market was valued at $1013.75 million in 2023 and is expected to reach an estimated revenue of $4357.72 million by 2032.

MARKET INSIGHTS

The region's market is influenced by the rising interest in building-integrated photovoltaics as sustainable solutions for energy production and efficient building design continue to gain traction. A key segment driving growth within the market is BIPV glass facades, which integrate photovoltaic technology into building structures, allowing for energy generation while maintaining architectural aesthetics.

REGIONAL ANALYSIS

The growth assessment of the North America BIPV glass market encompasses a detailed analysis of key regions, including the United States and Canada.

The building-integrated photovoltaics (BIPV) glass market in North America is growing due to its ability to combine renewable energy generation with architectural design. BIPV glass functions as a construction material while contributing to energy efficiency, making it a key element in sustainable building practices in both the United States and Canada. The adoption of BIPV is increasing in commercial and residential buildings, with applications in facades, roofs, and windows. This trend is driven by the evolving sustainability goals and regulations in the construction industry.

Several government initiatives are supporting the expansion of BIPV technologies. Policies such as California's Title 24 Building Standards Code and tax incentives under the US Inflation Reduction Act encourage the adoption of BIPV. In 2022, the United States accounted for approximately 72% of North America's installed BIPV capacity, demonstrating its significant share of the regional market. Additionally, BIPV installations in North America have a positive environmental impact, with estimates suggesting that these systems prevent the emission of over 1.5 million metric tons of CO2 annually.

Further, the increasing emphasis on zero-energy buildings is a significant driver for market expansion in North America. This trend supports the integration of BIPV technology, as structures are designed to be more energy-efficient, utilizing materials that support both environmental and functional requirements. BIPV products offer the dual advantage of serving as both construction materials and solar power-generating modules, appealing to builders and developers aiming to meet energy-neutral goals and reduce carbon emissions.

However, despite the market's potential, challenges such as challenging installation and integration processes affect the pace of BIPV installations. Incorporating photovoltaic modules into existing building designs and ensuring compatibility with other building systems require careful planning and advanced technology. These factors can limit the rate at which the adoption of solar energy panels and BIPV systems is achieved, particularly in complex industrial and commercial projects. Nevertheless, with the growing demand for sustainable building materials and efforts to reduce the carbon footprint, the market outlook remains favorable.

SEGMENTATION ANALYSIS

The North America BIPV glass market segmentation includes material, glazing type, component type, and end use. The material segment is further classified into crystalline silicon, amorphous silicon, and other materials.

Crystalline silicon is a key material in the building-integrated photovoltaic (BIPV) glass market due to its exceptional efficiency, durability, and adaptability. As the most widely used photovoltaic material, crystalline silicon offers high energy conversion rates, making it ideal for integrating into architectural designs without compromising energy output. Its robust mechanical properties and long lifespan align with the structural demands of building applications, ensuring reliability under various environmental conditions.

Additionally, crystalline silicon's scalability and compatibility with diverse glass types allow for innovative designs that blend aesthetics with functionality. Its mature manufacturing ecosystem further supports cost-effective production, driving its dominance in the BIPV glass market as the industry shifts toward sustainable and energy-efficient building solutions.

COMPETITIVE INSIGHTS

Some of the leading companies operating in the North America BIPV glass market are First Solar, Tesla, Canadian Solar, etc.

Canadian Solar, headquartered in Guelph, Ontario, Canada, is a leading provider of solar energy solutions. The company's primary activities include the manufacturing of solar modules and battery energy storage systems, as well as offering comprehensive system solutions. These solutions feature inverters, solar system kits, and engineering, procurement, and construction (EPC) services.

Canadian Solar's products and services are applied in various industries for clean energy project development and battery energy storage, as well as building-integrated photovoltaics (BIPV) glass. The company has a global footprint, with operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia. Its manufacturing facilities are mainly located in China, Southeast Asia, and the United States.

Product Code: 97648

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
- 2.4.1. IMPACT OF COVID-19 ON THE BIPV GLASS MARKET
2.5. MAJOR MARKET FINDINGS
- 2.5.1. INCREASING DEMAND FOR BUILDING INTEGRATED PHOTOVOLTAICS (BIPV) GLASS IN THE INDUSTRIAL SECTOR

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. SUPPORTIVE POLICIES AND TAX INCENTIVES FOR GREEN ENERGY
- 3.1.2. INCREASING DEMAND FOR ENERGY-NEUTRAL STRUCTURES
3.2. KEY RESTRAINTS
- 3.2.1. HIGH DEPLOYMENT EXPENSES AND LIMITED EFFICIENCY OF PHOTOVOLTAIC MODULES
- 3.2.2. CHALLENGING INSTALLATION AND INTEGRATION SLOWS BIPV ADOPTION

4. KEY ANALYTICS

4.1. PARENT MARKET ANALYSIS
4.2. KEY MARKET TRENDS
- 4.2.1. LIGHTWEIGHT, FLEXIBLE THIN-FILM TECHNOLOGY IMPROVES EFFICIENCY
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. GROWTH PROSPECT MAPPING
- 4.4.1. GROWTH PROSPECT MAPPING FOR NORTH AMERICA
4.5. MARKET MATURITY ANALYSIS
4.6. MARKET CONCENTRATION ANALYSIS
4.7. VALUE CHAIN ANALYSIS
- 4.7.1. RAW MATERIAL SUPPLIERS
- 4.7.2. MANUFACTURERS
- 4.7.3. DISTRIBUTORS
- 4.7.4. END-USERS
4.8. KEY BUYING CRITERIA
- 4.8.1. ENERGY EFFICIENCY
- 4.8.2. COST
- 4.8.3. DURABILITY
- 4.8.4. AFTER-SALES AND SERVICES

5. MARKET BY MATERIAL

5.1. CRYSTALLINE SILICON
5.2. AMORPHOUS SILICON
5.3. OTHER MATERIALS

6. MARKET BY GLAZING TYPE

6.1. SINGLE MODULE
6.2. DOUBLE MODULE

7. MARKET BY COMPONENT TYPE

7.1. BIPV GLASS ROOFS
7.2. BIPV GLASS FACADES
7.3. OTHER COMPONENT TYPES

8. MARKET BY END USE

8.1. RESIDENTIAL
8.2. COMMERCIAL
8.3. INDUSTRIAL
8.4. OTHER END USES

9. GEOGRAPHICAL ANALYSIS

9.1. NORTH AMERICA
- 9.1.1. MARKET SIZE & ESTIMATES
- 9.1.2. NORTH AMERICA BIPV GLASS MARKET DRIVERS
- 9.1.3. NORTH AMERICA BIPV GLASS MARKET CHALLENGES
- 9.1.4. NORTH AMERICA BIPV GLASS MARKET REGULATORY FRAMEWORK
- 9.1.5. KEY PLAYERS IN NORTH AMERICA BIPV GLASS MARKET
- 9.1.6. COUNTRY ANALYSIS
  - 9.1.6.1. UNITED STATES
  - 9.1.6.1.1. UNITED STATES BIPV GLASS MARKET SIZE & OPPORTUNITIES
  - 9.1.6.2. CANADA
  - 9.1.6.2.1. CANADA BIPV GLASS MARKET SIZE & OPPORTUNITIES

10. COMPETITIVE LANDSCAPE

10.1. KEY STRATEGIC DEVELOPMENTS
- 10.1.1. MERGERS & ACQUISITIONS
- 10.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 10.1.3. PARTNERSHIPS & AGREEMENTS
- 10.1.4. BUSINESS EXPANSIONS & DIVESTITURES
10.2. COMPANY PROFILES
- 10.2.1. SHARP CORPORATION
  - 10.2.1.1. COMPANY OVERVIEW
  - 10.2.1.2. PRODUCT LIST
  - 10.2.1.3. STRENGTHS & CHALLENGES
- 10.2.2. FIRST SOLAR
  - 10.2.2.1. COMPANY OVERVIEW
  - 10.2.2.2. PRODUCT LIST
  - 10.2.2.3. STRENGTHS & CHALLENGES
- 10.2.3. TESLA
  - 10.2.3.1. COMPANY OVERVIEW
  - 10.2.3.2. PRODUCT LIST
  - 10.2.3.3. STRENGTHS & CHALLENGES
- 10.2.4. CARMANAH TECHNOLOGIES CORP
  - 10.2.4.1. COMPANY OVERVIEW
  - 10.2.4.2. PRODUCT LIST
  - 10.2.4.3. STRENGTHS & CHALLENGES
- 10.2.5. BELECTRIC
  - 10.2.5.1. COMPANY OVERVIEW
  - 10.2.5.2. PRODUCT LIST
  - 10.2.5.3. STRENGTHS & CHALLENGES
- 10.2.6. WUXI SUNTECH POWER CO LTD
  - 10.2.6.1. COMPANY OVERVIEW
  - 10.2.6.2. PRODUCT LIST
  - 10.2.6.3. STRENGTHS & CHALLENGES
- 10.2.7. BOROSIL RENEWABLES LTD
  - 10.2.7.1. COMPANY OVERVIEW
  - 10.2.7.2. PRODUCT LIST
  - 10.2.7.3. STRENGTHS & CHALLENGES
- 10.2.8. TAIYO KOGYO CORPORATION
  - 10.2.8.1. COMPANY OVERVIEW
  - 10.2.8.2. PRODUCTS LIST
  - 10.2.8.3. STRENGTHS & CHALLENGES
- 10.2.9. ONYX SOLAR GROUP LLC
  - 10.2.9.1. COMPANY OVERVIEW
  - 10.2.9.2. PRODUCT LIST
  - 10.2.9.3. STRENGTHS & CHALLENGES
- 10.2.10. AGC INC.
  - 10.2.10.1. COMPANY OVERVIEW
  - 10.2.10.2. PRODUCTS LIST
  - 10.2.10.3. STRENGTHS & CHALLENGES
- 10.2.11. SCHEUTEN
  - 10.2.11.1. COMPANY OVERVIEW
  - 10.2.11.2. PRODUCT LIST
  - 10.2.11.3. STRENGTHS & CHALLENGES
- 10.2.12. GOODWE
  - 10.2.12.1. COMPANY OVERVIEW
  - 10.2.12.2. PRODUCTS LIST
  - 10.2.12.3. STRENGTHS & CHALLENGES
- 10.2.13. ERTEX SOLAR
  - 10.2.13.1. COMPANY OVERVIEW
  - 10.2.13.2. PRODUCT LIST
  - 10.2.13.3. STRENGTHS & CHALLENGES
- 10.2.14. NIPPON SHEET GLASS CO LTD
  - 10.2.14.1. COMPANY OVERVIEW
  - 10.2.14.2. PRODUCT LIST
  - 10.2.14.3. STRENGTHS & CHALLENGES
- 10.2.15. HANERGY HOLDING GROUP LTD
  - 10.2.15.1. COMPANY OVERVIEW
  - 10.2.15.2. PRODUCT LIST
  - 10.2.15.3. STRENGTHS & CHALLENGES
- 10.2.16. JINKOSOLAR
  - 10.2.16.1. COMPANY OVERVIEW
  - 10.2.16.2. PRODUCT LIST
  - 10.2.16.3. STRENGTHS & CHALLENGES
- 10.2.17. CANADIAN SOLAR
  - 10.2.17.1. COMPANY OVERVIEW
  - 10.2.17.2. PRODUCT LIST
  - 10.2.17.3. STRENGTHS & CHALLENGES

Product Code: 97648

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - BIPV GLASS MARKET
TABLE 2: NORTH AMERICA BIPV GLASS MARKET, BY MATERIAL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: NORTH AMERICA BIPV GLASS MARKET, BY MATERIAL, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: NORTH AMERICA BIPV GLASS MARKET, BY GLAZING TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: NORTH AMERICA BIPV GLASS MARKET, BY GLAZING TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 6: NORTH AMERICA BIPV GLASS MARKET, BY COMPONENT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: NORTH AMERICA BIPV GLASS MARKET, BY COMPONENT TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: NORTH AMERICA BIPV GLASS MARKET, BY END USE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: NORTH AMERICA BIPV GLASS MARKET, BY END USE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 10: NORTH AMERICA BIPV GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: NORTH AMERICA BIPV GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 12: NORTH AMERICA BIPV GLASS MARKET REGULATORY FRAMEWORK
TABLE 13: KEY PLAYERS OPERATING IN NORTH AMERICA BIPV GLASS MARKET
TABLE 14: LIST OF MERGERS & ACQUISITIONS
TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 17: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR NORTH AMERICA BIPV GLASS MARKET
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: NORTH AMERICA BIPV GLASS MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2023
FIGURE 8: NORTH AMERICA BIPV GLASS MARKET, BY CRYSTALLINE SILICON, 2024-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA BIPV GLASS MARKET, BY AMORPHOUS SILICON, 2024-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA BIPV GLASS MARKET, BY OTHER MATERIALS, 2024-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA BIPV GLASS MARKET, GROWTH POTENTIAL, BY GLAZING TYPE, IN 2023
FIGURE 12: NORTH AMERICA BIPV GLASS MARKET, BY SINGLE MODULE, 2024-2032 (IN $ MILLION)
FIGURE 13: NORTH AMERICA BIPV GLASS MARKET, BY DOUBLE MODULE, 2024-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA BIPV GLASS MARKET, GROWTH POTENTIAL, BY COMPONENT TYPE, IN 2023
FIGURE 15: NORTH AMERICA BIPV GLASS MARKET, BY BIPV GLASS ROOFS, 2024-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA BIPV GLASS MARKET, BY BIPV GLASS FACADES, 2024-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA BIPV GLASS MARKET, BY OTHER COMPONENT TYPES, 2024-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA BIPV GLASS MARKET, GROWTH POTENTIAL, BY END USE, IN 2023
FIGURE 19: NORTH AMERICA BIPV GLASS MARKET, BY RESIDENTIAL, 2024-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA BIPV GLASS MARKET, BY COMMERCIAL, 2024-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA BIPV GLASS MARKET, BY INDUSTRIAL, 2024-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA BIPV GLASS MARKET, BY OTHER END USES, 2024-2032 (IN $ MILLION)
FIGURE 23: NORTH AMERICA BIPV GLASS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 24: UNITED STATES BIPV GLASS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 25: CANADA BIPV GLASS MARKET, 2024-2032 (IN $ MILLION)