Global Vehicle-integrated Photovoltaic System Market Growth (Status and Outlook) 2024-2030

The global Vehicle-integrated Photovoltaic System market size is predicted to grow from US$ 112 million in 2024 to US$ 462 million in 2030; it is expected to grow at a CAGR of 26.6% from 2024 to 2030.

Vehicle Integrated Photovoltaics (VIPV) refers to the integration of photovoltaic solar panels directly into a vehicle's surface, such as the roof, hood, or body panels, to generate electricity from sunlight. This technology enables vehicles to supplement their energy needs, reducing reliance on external charging or fuel, and is particularly beneficial for electric vehicles (EVs) and hybrid vehicles. VIPV systems can extend driving range, power auxiliary systems, and improve overall energy efficiency. They are designed to be lightweight, durable, and aerodynamic, aligning with automotive standards for performance and safety. VIPV is a key innovation in sustainable transportation, contributing to energy efficiency and reduced emissions.

United States market for Vehicle-integrated Photovoltaic System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Vehicle-integrated Photovoltaic System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Vehicle-integrated Photovoltaic System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Vehicle-integrated Photovoltaic System players cover Sono Motors, Lightyear, Flexis SAS, Flixbus, Green Energy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

LPI (LP Information)' newest research report, the “Vehicle-integrated Photovoltaic System Industry Forecast” looks at past sales and reviews total world Vehicle-integrated Photovoltaic System sales in 2023, providing a comprehensive analysis by region and market sector of projected Vehicle-integrated Photovoltaic System sales for 2024 through 2030. With Vehicle-integrated Photovoltaic System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle-integrated Photovoltaic System industry.

This Insight Report provides a comprehensive analysis of the global Vehicle-integrated Photovoltaic System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Vehicle-integrated Photovoltaic System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle-integrated Photovoltaic System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle-integrated Photovoltaic System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle-integrated Photovoltaic System.

This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle-integrated Photovoltaic System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Single Crystal Silicon
Polycrystalline Silicon
Thin Film

Segmentation by Application:
Passenger Cars
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sono Motors
Lightyear
Flexis SAS
Flixbus
Green Energy
Toyota Motor
EneCoat
Nissan Motor
OPES Solutions
Shenzhen Phenosolar Technology
Sunman (Zhenjiang)

Please note: The report will take approximately 2 business days to prepare and deliver.