Market Insights and Analysis: Global Building Integrated Photovoltaics Market Overview and Projections (2024-2030)
The Global Building Integrated Photovoltaics Market size is valued at USD 20.80 billion in 2023 & is expected to reach around USD 90 billion in 2030. The market is estimated to grow at a CAGR of around 19.64% during the forecast period, i.e., 2024-30.
Top leading companies in the Building Integrated Photovoltaics Market includes:
AGC Glass, Canadian Solar, Heliatek GmbH, BIPVco Limited, Yingli Solar Co., Hanergy Holding Group Ltd., Kyocera Corporation, Ascent Solar Technologies, Sharp Corporation, Schott AG, Solaria Corporation, Hanwha Group, Sunpower Corporation, United Solar Ovonic Corp, First Solar Inc., and Others.
Recent Developments:
- 2023: AGC Glass: Delivered its Building Integrated Photovoltaic (BIPV) glass, namely Sunjoule®, at a parking lot at the Shizuoka Station North Exit Square.
- 2023: Canadian Solar: Announced to invest around USD800 million to build solar photovoltaic (PV) cells & improve the accessibility of its products across the globe.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product Type
-Roofing Products
-Covering & Shading Elements
-Glass products
-Vertical Products
By Technology
-Silicon-based
–Crystalline Silicon (C-Si)
–Amorphous Silicon (A-Si)
–Multi-crystalline Silicon (mc-Si)
–Pseudo-crystalline Silicon (pc-Si)
-Thin Film
–Copper Indium Gallium Diselenide Solar Cells
–Cadmium Telluride Thin-Film Solar Cells
–Others
- Silicon-based technology holds a prominent market share in the Global Building Integrated Photovoltaics market.
By Application
-Roof
-Walls & Facade
-Glass
-Others
By End User
-Residential
-Commercial
–Offices
–Retail
–Others
-Hospitality
-Industrial
-Government
-Agrivoltaics
-Others (Educational Institutes, etc.)
By Demand Type
-New Installation
-Retrofitting
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Building Integrated Photovoltaics Market Geographic Reach:
The Geographic Reach of the Building Integrated Photovoltaics Market evaluates the spread and significance of Building Integrated Photovoltaics market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: The US, Canada, Mexico
- South America: Brazil, Rest of South America
- Europe: Germany, The UK, France, Italy, Spain, The Netherlands, Denmark, Belgium, Rest of Europe
- Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia-Pacific
- Middle East & Africa: The UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa
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