BIPV Market Size To Reach USD 31.14 Billion By 2024: Grand View Research, Inc.

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BIPV And BIOPV Market To Reach USD 31.14 Billion By 2024

“The global BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024. The market is expected to witness significant growth on account of high demand for integrated solar energy solutions that do not interfere with the integrity of the building premises�

The global BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research, Inc. Rising adoption of energy generation by renewable sources without comprising on the aesthetic appeal of buildings is expected to drive growth over the forecast period. Increasing demand for integrated installations is expected to be driven by the growing disposable income of the consumers. In addition, rising concerns regarding averse environmental impact due to the use of non-renewable energy sources are likely to account for the growth of the industry over the next eight years.

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