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Building-integrated Photovoltaics Market

Global Building-Integrated Photovoltaics Market Size, Report: By Technology: Crystalline Silicon (C-SI), Thin Film, Others; By Application: Roofs, Walls, Glass, Façade, Windows, Others; By End Use: Residential, Commercial, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Building-Integrated Photovoltaics Market Outlook

The global building-integrated photovoltaics market size was valued at USD 24.20 billion in 2023 and is anticipated to grow at a CAGR of 19.2% between 2024 and 2032.

 

Global Building-integrated Photovoltaics Market

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A building-integrated photovoltaic (BIPV) system is an essential element of the building skin that transforms solar energy into electricity and at the same time protects the construction structure from climate and noise. BIPV is one of the fast-growing segments of the global solar photovoltaic sector.

 

Market Segmentation

Building-integrated photovoltaics are photovoltaic materials used in exterior building parts, such as the roof, skylights, or facades to replace conventional building materials. 
The industry can be divided on the basis of its technology as crystalline silicon (c-si) and thin film, among others.

 

Global Building-integrated Photovoltaics Market

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The industry can be broadly categorised on the basis of its end use into:

  • Residential
  • Commercial
  • Industrial

Further, based on its application, the industry can be divided into roofs, walls, glass, facade, and windows, among others.

The EMR report looks into the regional markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

The growth of the market can be ascribed to the increase in the number of business firms and companies adopting solar solutions. With the improved technology for installation of BIPV system in business facilities, the industry is anticipated to rise further. The industry is anticipated to experience high growth rate owing to increased awareness of green buildings, which is likely to maintain the high demand in the industry due to enhanced technology. In addition, multiple infrastructure firms are expected to increase awareness regarding zero-emission structures to increase BIPV demand. High project costs along with solar energy intermittency and shadowing impact can reduce the effectiveness of BIPV systems, which may hamper the market growth during the forecast period.

 

Global Building-integrated Photovoltaics Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global building-integrated photovoltaics market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • AGC Glass Europe SA 
  • BELECTRIC Solar & Battery GmbH 
  • Heliatek GmbH
  • Carmanah Technologies Corporation 
  • Greatcell Energy Pty Ltd. 
  • Hanergy Holding Group Limited
  • Ertex solartechnik GmbH
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Application
  • End Use
  • Region
Breakup by Technology
  • Crystalline Silicon (C-SI)
  • Thin Film  
  • Others
Breakup by Application
  • Roofs   
  • Walls 
  • Glass 
  • Façade 
  • Windows
  • Others
Breakup by End Use
  • Residential 
  • Commercial 
  • Industrial
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • AGC Glass Europe SA 
  • BELECTRIC Solar & Battery GmbH 
  • Heliatek GmbH 
  • Carmanah Technologies Corporation 
  • Greatcell Energy Pty Ltd.
  • Hanergy Holding Group Limited
  • Ertex Solartechnik GmbH
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Building-Integrated Photovoltaics Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Building-Integrated Photovoltaics Historical Market (2018-2023) 
    8.3    Global Building-Integrated Photovoltaics Market Forecast (2024-2032)
    8.4    Global Building-Integrated Photovoltaics Market by Technology
        8.4.1    Crystalline Silicon (C-SI)
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Thin Film  
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Building-Integrated Photovoltaics Market by Application
        8.5.1    Roofs   
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Walls 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Glass 
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Façade 
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Windows
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Building-Integrated Photovoltaics Market by End Use
        8.6.1    Residential 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Commercial 
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Industrial
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Building-Integrated Photovoltaics Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Building-integrated Photovoltaics Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Building-integrated Photovoltaics Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Spain
        10.5.1    Historical Trend (2018-2023) 
        10.5.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Building-integrated Photovoltaics Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Building-integrated Photovoltaics Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Building-integrated Photovoltaics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    AGC Glass Europe SA 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    BELECTRIC Solar & Battery GmbH 
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Heliatek GmbH 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Carmanah Technologies Corporation 
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Greatcell Energy Pty Ltd. 
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Hanergy Holding Group Limited
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Ertex Solartechnik GmbH   
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Building-Integrated Photovoltaics Market: Key Industry Highlights, 2018 and 2032
2.    Global Building-Integrated Photovoltaics Historical Market: Breakup by Technology (USD Million), 2018-2023
3.    Global Building-Integrated Photovoltaics Market Forecast: Breakup by Technology (USD Million), 2024-2032
4.    Global Building-Integrated Photovoltaics Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Building-Integrated Photovoltaics Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Building-Integrated Photovoltaics Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Building-Integrated Photovoltaics Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Building-Integrated Photovoltaics Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Building-Integrated Photovoltaics Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Building-Integrated Photovoltaics Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Building-Integrated Photovoltaics Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Building-Integrated Photovoltaics Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Building-Integrated Photovoltaics Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Building-Integrated Photovoltaics Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Building-Integrated Photovoltaics Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Building-Integrated Photovoltaics Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Building-Integrated Photovoltaics Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Building-Integrated Photovoltaics Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Building-Integrated Photovoltaics Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Building-Integrated Photovoltaics Market Structure

Key Questions Answered in the Report

In 2023, the global building-integrated photovoltaics market attained a value of nearly USD 24.20 billion.

The market is projected to grow at a CAGR of 19.2% between 2024 and 2032.

The major drivers of the market include the increase in the number of business firms and companies adopting solar solutions and the increased adoption of green buildings.

Improved technology for the installation of BIPV systems in business facilities is a key trend propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various technologies of building-integrated photovoltaics considered in the market report are crystalline silicon (C-SI) and thin films, among others.

The significant application segments in the market are roofs, walls, glass, façade, and windows, among others.

The major end use segments of building-integrated photovoltaics in the market include industrial, commercial, and residential.

The major market players are AGC Glass Europe SA, BELECTRIC Solar & Battery GmbH, Heliatek GmbH, Carmanah Technologies Corporation, Greatcell Energy Pty Ltd., Hanergy Holding Group Limited, and Ertex Solartechnik GmbH, among others.

Analyst Review

The global building-integrated photovoltaics market attained a value of nearly USD 24.20 billion in 2023, driven by the increase in the number of business firms and companies adopting solar solutions. Aided by the improved technology for installation of BIPV system in business facilities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 19.2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By technology, the industry was segmented into crystalline silicon (C-SI) and thin film, among others. Based on end use, the building-integrated photovoltaics industry can be segmented into residential, commercial, and industrial. On the basis of application, the building-integrated photovoltaics market is divided into roofs, walls, glass, facade, windows, and others. The major regional markets for building-integrated photovoltaics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AGC Glass Europe SA, BELECTRIC Solar & Battery GmbH, Heliatek GmbH, Carmanah Technologies Corporation, Greatcell Solar Limited, Hanergy Holding Group Limited, Ertex solartechnik GmbH, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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