Middle East & Africa BIPV Glass Market Forecast to 2031

At 14.2% CAGR, Middle East & Africa BIPV Glass Market is Speculated to be Worth US$ 910.03 Million by 2031, says The Research Team

According to The Research Team’ research, the Middle East & Africa BIPV glass market was valued at US$ 315.58 million in 2023 and is expected to reach US$ 910.03 million by 2031, registering a CAGR of 14.2% from 2023 to 2031. Rising Adoption rate of renewable energy solutions in emerging economies and rising popularity of solar energy are among the critical factors attributed to drive the Middle East & Africa BIPV glass market growth.

Emerging economies in the region are proactively accelerating the adoption of renewable energy. Investments in setting up solar energy capacity have increased in recent years. In January 2024, Arctech, a leading solar tracking, racking, and BIPV solutions provider, entered a strategic partnership agreement with Alpon Energy in Istanbul, Turkey. The agreement will lead to the expansion of BIPV solutions in Turkey, which will result in the growth of the BIPV glass market in Turkey in the future. The installation of BIPV glass in the Gulf region is also increasing. Some examples include the Dubai Electricity and Water Authority (Dewa) in the UAE and the National Energy Services Reunited Corp (NESR) in Saudi Arabia. Onyx Solar, a leading provider of BIPV solutions, has finished five projects in the UAE, four in Saudi Arabia, and one in Kuwait. Additionally, it has completed one project in each of Egypt and Morocco. Thus, the shift in trends toward the adoption of renewable energy solutions by developing nations is expected to boost the BIPV glass market in the future.

On the contrary, high initial investment cost and less energy efficiency for BIPV system hampers the growth of Middle East & Africa BIPV glass market.

Based on material, the Middle East & Africa BIPV glass market is segmented into crystalline silicone, amorphous silicone, and others. The crystalline silicone segment held 73.9% share of Middle East & Africa BIPV glass market share in 2023, amassing US$ 233.27 million. It is projected to garner US$ 685.34 million by 2031 to register 14.4% CAGR during 2023–2031.

In terms of glazing type, the Middle East & Africa BIPV glass market is bifurcated into single module and double module. The double module segment held 62.4% share of Middle East & Africa BIPV glass market in 2023, amassing US$ 197.08 million. It is anticipated to garner US$ 590.39 million by 2031 to expand at 14.7% CAGR during 2023–2031.

By component type, the Middle East & Africa BIPV glass market is divided into BIPV glass roofs, BIPV glass facades, and others (windows and floors). The BIPV glass roofs segment held 67.3% share of Middle East & Africa BIPV glass market in 2023, amassing US$ 212.35 million. It is projected to garner US$ 630.82 million by 2031 to expand at 14.6% CAGR from 2023 to 2031.

Based on end use, the Middle East & Africa BIPV glass market is categorized into residential, commercial, industrial, and others. The commercial segment held 74.8% share of Middle East & Africa BIPV glass market in 2023, amassing US$ 236.03 million. It is predicted to garner US$ 698.89 million by 2031 to expand at 14.5% CAGR between 2023 and 2031.

By country, the Middle East & Africa BIPV glass market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 38.3% share of Middle East & Africa BIPV glass market in 2023. It was assessed at US$ 120.71 million in 2023 and is likely to hit US$ 369.79 million by 2031, registering a CAGR of 15.0% during 2023–2031.

Key players operating in the Middle East & Africa BIPV glass market are Koch Industries, Inc.; AGC Inc.; Vitro, S.A.B de C.V; Onyx Solar Group LLC.; and Hanergy Holding Group Ltd., among others.

In March-2023, Vitro X™ Innovation Partnerships will identify and develop inspired solutions to challenges in the glass industry and support future-focused companies in bringing innovative products and technologies to market. This strategic partnership program is focused on identifying and developing inspired solutions to existing and future challenges in the glass industry.
In March-2021, Vitro Architectural Glass announced that it launched Solarvolt™ building-integrated photovoltaic (BIPV) glass modules, which combine the aesthetics and performance of Vitro Glass products with CO2-free power generation and protection from the elements for commercial buildings.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa BIPV glass market.
o Highlights key business priorities to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa BIPV glass market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa BIPV glass market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.2.1 Hypothesis Formulation:
3.2.2 Macro-Economic Factor Analysis:
3.2.3 Developing Base Number:
3.2.4 Data Triangulation:
3.2.5 Country Level Data:
3.3 Primary Research
4. BIPV Glass Market Landscapes
4.1 Overview
4.2 PORTER’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 BIPV Glass Manufacturers
4.3.3 Original Equipment Manufacturers
4.3.4 Distributors/Suppliers
4.3.5 End-Use Industry
4.3.6 List of Vendors in the Value Chain
5. Middle East & Africa BIPV Glass Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Commercial Construction Sector
5.1.2 Rising Popularity of Solar Energy
5.2 Market Restraints
5.2.1 High Initial Investment Cost and Less Energy Efficiency for BIPV System
5.3 Market Opportunities
5.3.1 Increasing Demand for Green Buildings
5.4 Future Trends
5.4.1 Rising Adoption Rate of Renewable Energy Solutions in Emerging Economies
5.4.2 Smart Building Integration:
5.5 Impact of Drivers and Restraints:
6. BIPV Glass Market – Middle East & Africa Analysis
6.1 Overview
6.2 BIPV Glass Market Revenue (US$ Million), 2021-2031
6.3 BIPV Glass Market Forecast Analysis
7. Middle East & Africa BIPV Glass Market Analysis – by Material
7.1 Crystalline Silicone
7.1.1 Overview
7.1.2 Crystalline Silicone: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Amorphous Silicone
7.2.1 Overview
7.2.2 Amorphous Silicone: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
8. Middle East & Africa BIPV Glass Market Analysis – by Glazing Type
8.1 Single Module
8.1.1 Overview
8.1.2 Single Module: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Double Module
8.2.1 Overview
8.2.2 Double Module: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
9. Middle East & Africa BIPV Glass Market Analysis – by Component Type
9.1 BIPV Glass Roofs
9.1.1 Overview
9.1.2 BIPV Glass Roofs: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
9.2 BIPV Glass Facades
9.2.1 Overview
9.2.2 BIPV Glass Facades: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Others
9.3.1 Overview
9.3.2 Others: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
10. Middle East & Africa BIPV Glass Market Analysis – by End Use
10.1 Residential
10.1.1 Overview
10.1.2 Residential: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
10.2 Commercial
10.2.1 Overview
10.2.2 Commercial: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
10.4 Others
10.4.1 Overview
10.4.2 Others: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
11. Middle East & Africa BIPV Glass Market – Country Analysis
11.1 Middle East & Africa
11.1.1 Middle East & Africa: BIPV Glass Market – Revenue and Forecast Analysis – by Country
11.1.1.1 Middle East & Africa: BIPV Glass Market – Revenue and Forecast Analysis – by Country
11.1.1.2 South Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.2.1 South Africa: BIPV Glass Market Breakdown, by Material
11.1.1.2.2 South Africa: BIPV Glass Market Breakdown, by Glazing Type
11.1.1.2.3 South Africa: BIPV Glass Market Breakdown, by Component Type
11.1.1.2.4 South Africa: BIPV Glass Market Breakdown, by End Use
11.1.1.3 Saudi Arabia: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.3.1 Saudi Arabia: BIPV Glass Market Breakdown, by Material
11.1.1.3.2 Saudi Arabia: BIPV Glass Market Breakdown, by Glazing Type
11.1.1.3.3 Saudi Arabia: BIPV Glass Market Breakdown, by Component Type
11.1.1.3.4 Saudi Arabia: BIPV Glass Market Breakdown, by End Use
11.1.1.4 United Arab Emirates: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.4.1 United Arab Emirates: BIPV Glass Market Breakdown, by Material
11.1.1.4.2 United Arab Emirates: BIPV Glass Market Breakdown, by Glazing Type
11.1.1.4.3 United Arab Emirates: BIPV Glass Market Breakdown, by Component Type
11.1.1.4.4 United Arab Emirates: BIPV Glass Market Breakdown, by End Use
11.1.1.5 Rest of Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
11.1.1.5.1 Rest of Middle East & Africa: BIPV Glass Market Breakdown, by Material
11.1.1.5.2 Rest of Middle East & Africa: BIPV Glass Market Breakdown, by Glazing Type
11.1.1.5.3 Rest of Middle East & Africa: BIPV Glass Market Breakdown, by Component Type
11.1.1.5.4 Rest of Middle East & Africa: BIPV Glass Market Breakdown, by End Use
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product News & Company News
14. Company Profiles
14.1 Koch Industries, Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 AGC Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Vitro, S.A.B de C.V
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Onyx Solar Group LLC.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Hanergy Holding Group Ltd.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About the Research Team

LIST OF TABLES

Table 1. BIPV Glass Market Segmentation
Table 2. List of Vendors
Table 3. BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 5. BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Glazing Type
Table 6. BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Component Type
Table 7. BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
Table 8. Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 9. South Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 10. South Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Glazing Type
Table 11. South Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Component Type
Table 12. South Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
Table 13. Saudi Arabia: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 14. Saudi Arabia: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Glazing Type
Table 15. Saudi Arabia: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Component Type
Table 16. Saudi Arabia: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
Table 17. United Arab Emirates: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 18. United Arab Emirates: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Glazing Type
Table 19. United Arab Emirates: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Component Type
Table 20. United Arab Emirates: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
Table 21. Rest of Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Material
Table 22. Rest of Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Glazing Type
Table 23. Rest of Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by Component Type
Table 24. Rest of Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million) – by End Use

LIST OF FIGURES

Figure 1. BIPV Glass Market Segmentation, by Country
Figure 2. PORTER’s Five Forces Analysis
Figure 3. Ecosystem Analysis: BIPV Glass Market
Figure 4. BIPV Glass Market – Key Market Dynamics
Figure 5. Energy Demand by Sector, 2022
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. BIPV Glass Market Revenue (US$ Million), 2021-2031
Figure 8. BIPV Glass Market Share (%) – by Material (2023 and 2031)
Figure 9. Crystalline Silicone: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Amorphous Silicone: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Others: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. BIPV Glass Market Share (%) – by Glazing Type (2023 and 2031)
Figure 13. Single Module: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Double Module: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. BIPV Glass Market Share (%) – by Component Type (2023 and 2031)
Figure 16. BIPV Glass Roofs: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. BIPV Glass Facades: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Others: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. BIPV Glass Market Share (%) – by End Use (2023 and 2031)
Figure 20. Residential: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Commercial: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Industrial: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Others: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Middle East & Africa: BIPV Glass Market, By Key Country – Revenue 2023 (US$ Million)
Figure 25. Middle East & Africa: BIPV Glass Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 26. South Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 27. Saudi Arabia: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 28. United Arab Emirates: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 29. Rest of Middle East & Africa: BIPV Glass Market – Revenue and Forecast to 2031 (US$ Million)
Figure 30. Heat Map Analysis by Key Players
Figure 31. Company Positioning & Concentration