Building Integrated Photovoltaics (BiPV)

Global Building Integrated Photovoltaics (BiPV) Market to Reach US$83.3 Billion by 2030

The global market for Building Integrated Photovoltaics (BiPV) estimated at US$25.7 Billion in the year 2024, is expected to reach US$83.3 Billion by 2030, growing at a CAGR of 21.6% over the analysis period 2024-2030. C-Si, one of the segments analyzed in the report, is expected to record a 21.2% CAGR and reach US$58.4 Billion by the end of the analysis period. Growth in the Thin Film segment is estimated at 23.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$4.3 Billion While China is Forecast to Grow at 26.2% CAGR

The Building Integrated Photovoltaics (BiPV) market in the U.S. is estimated at US$4.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.9 Billion by the year 2030 trailing a CAGR of 26.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 16.9% and 20.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.5% CAGR.

Global Building Integrated Photovoltaics (BiPV) Market - Key Trends & Drivers Summarized

Building Integrated Photovoltaics (BiPV) represent a revolutionary approach to incorporating renewable energy generation directly into the architectural design of buildings. Unlike traditional photovoltaic systems that are added onto buildings, BiPV systems are integrated into the building envelope, such as facades, roofs, and windows, serving both as building materials and power generators. This dual functionality not only provides clean energy but also contributes to the aesthetic appeal and overall structural integrity of buildings. The adoption of BiPV is driven by the increasing demand for sustainable building solutions and the need to reduce greenhouse gas emissions.

The technology behind BiPV involves the use of advanced photovoltaic materials that can be seamlessly integrated into various building components. These materials include thin-film solar cells, crystalline silicon solar cells, and organic photovoltaic cells, each offering different advantages in terms of efficiency, flexibility, and transparency. The integration process requires careful design and engineering to ensure that the photovoltaic elements align with the building`s architectural requirements and performance standards. Additionally, BiPV systems can be connected to the grid or used in conjunction with energy storage systems, enhancing their functionality and reliability.

The growth in the BiPV market is driven by several factors. The increasing emphasis on sustainable and green building practices is a major driver, as BiPV systems help achieve energy efficiency and sustainability goals. Technological advancements in photovoltaic materials and integration techniques are enhancing the efficiency and aesthetic versatility of BiPV systems, making them more appealing to architects and builders. Government incentives and regulations promoting renewable energy adoption and energy-efficient building standards are also boosting market growth. The rising cost of conventional energy sources and the decreasing cost of photovoltaic technologies further contribute to the adoption of BiPV systems. Moreover, the growing awareness of the environmental impact of buildings and the desire for energy independence are encouraging the integration of BiPV in both new constructions and retrofitting projects.

SCOPE OF STUDY:

The report analyzes the Building Integrated Photovoltaics (BiPV) market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Technology (C-Si, Thin Film, Other Technologies); Application (Roofs, Walls, Glass, Facade, Other Applications); End-Use (Industrial, Commercial, Residential)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 98 Featured) -

• Certain Teed Corporation
• First Solar, Inc.
• Canadian Solar, Inc.
• Ascent Solar Technologies, Inc.
• AVANCIS GmbH
• Crystalsol GmbH
• BELECTRIC Solar & Battery GmbH
• BISOL Group, d.o.o.
• Englert, Inc.
• Ernst Schweizer AG
• Changzhou Almaden Co., Ltd.
• BiPVco
• Exasun BV
• EnerBIM
• AGC Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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