The global market for Building Integrated Photovoltaics (BiPV) is estimated at US$20.9 Billion in 2023 and is projected to reach US$83.3 Billion by 2030, growing at a CAGR of 21.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
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.
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.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Roofs Application segment, which is expected to reach US$46.1 Billion by 2030 with a CAGR of a 20.6%. The Walls Application segment is also set to grow at 23.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.5 Billion in 2023, and China, forecasted to grow at an impressive 26.3% CAGR to reach $17.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Building Integrated Photovoltaics (BiPV) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Building Integrated Photovoltaics (BiPV) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Building Integrated Photovoltaics (BiPV) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Certain Teed Corporation, First Solar, Inc., Canadian Solar, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
ASIA-PACIFIC
MIDDLE EAST
Companies Mentioned
- 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.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 591 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 20.9 Billion |
| Forecasted Market Value ( USD | $ 83.3 Billion |
| Compound Annual Growth Rate | 21.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
