Building Integrated Photovoltaics Market Size, Share, and Growth Analysis

Global Building Integrated Photovoltaics Market By Technology (Crystalline Solar, Thin Film), By End Use (Residential, Commercial), By Application (Roof, Glass), By Region -Industry Forecast 2025-2032


Report ID: SQMIG55E2055 | Region: Global | Published Date: January, 2025
Pages: 189 |Tables: 93 |Figures: 76

Format - word format excel data power point presentation

Building Integrated Photovoltaics Market Insights

Global Building Integrated Photovoltaics Market size was valued at USD 23.6 Billion in 2023 and is poised to grow from USD 28.6 Billion in 2024 to USD 133.18 Billion by 2032, growing at a CAGR of 21.2% during the forecast period (2025-2032).

Rising emphasis on sustainability and high demand for renewable energy solutions are projected to primarily boost the sales of building integrated photovoltaics going forward. Increasing infrastructure development activity and rising adoption of green construction practices are also estimated to favor building integrated photovoltaics demand on a global level. The launch of new government support programs and incentives for the adoption of building integrated photovoltaics systems is also estimated to create new opportunities for companies in the long run. Building integrated photovoltaics installations are not only functional but also available in aesthetically pleasing setups, which makes them a popular choice among architects and designers focusing on bringing design and functionality together. Rapid urbanization and industrialization coupled with increasing adoption of green building practices are also slated to bolster the global building integrated photovoltaics market growth over the coming years. However, high initial investments, limited awareness and expertise, dependence on weather and location, and lack of standardization are slated to impede the sales of building integrated photovoltaics across the study period and beyond.

Market snapshot - (2025-2032)

Global Market Size

USD 23.6 Billion

Largest Segment

Crystalline Silicon

Fastest Growth

Thin Film

Growth Rate

21.2% CAGR

Global Building Integrated Photovoltaics Market ($ Bn)
Country Share for Europe Region (%)

To get more reports on the above market click here to Buy The Report

Building Integrated Photovoltaics Market Segments Analysis

Global building integrated photovoltaics market is segmented by technology, application, end use, and region. Based on technology, the market is segmented into crystalline silicon, thin film, and others. Based on application, the market is segmented into roof, glass, wall, façade, and others. Based on end use, the market is segmented into industrial, commercial, residential, and utility. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & and Africa.

Analysis by Technology

Crystalline silicon is forecasted to account for a dominant chunk of the global building integrated photovoltaics market share over the coming years. Easy integration process and low costs are allowing crystalline silicon technology to hold sway over others going forward. Use of anti-reflective coatings in crystalline silicon cells also improves their power generation capabilities whilst being integrated in roofs of building without compromising their structural integrity. The high lifespan on crystalline silicon of around 25 years or more is also a key factor that is expected to cement the dominance of this segment in the long run.

On the other hand, the demand for thin film is expected to rise at a notable pace across the study period and beyond. Excellent flexibility, lowest cost among all other types of solar technologies, and the lightweight nature of thin film photovoltaics are key factors that are helping this segment emerge as a highly opportune one. Thin film building integrated photovoltaics are expected to be highly popular in structures where weight reduction and management is of the essence. Thin film photovoltaics can be used on almost all kinds of curved or straight surfaces thereby giving them one more advantage over traditional crystalline silicon photovoltaics.

Analysis by End Use

Residential use of building integrated photovoltaics is projected to spearhead the global building integrated photovoltaics industry in terms of share and revenue. Rising consumer awareness regarding sustainability and high preference for buildings powered by renewable energy are allowing this segment to bring in the most revenue. Availability of subsidies and incentives for residential use of building integrated photovoltaics is also slated to benefit the dominance of this segment in the future. Efforts of people to reduce their carbon footprint and decreasing costs of photovoltaic technologies are also estimated to bring in more revenue via this segment.

The demand for building integrated photovoltaics in commercial use is slated to rise at a steady pace across the study period. Growing availability of building integrated photovoltaics solutions designed for commercial use and launch of multiple retrofit commercial projects to opt for renewable energy generation are slated to bolster the sales of building integrated photovoltaics going forward. Efforts of commercial organizations to reduce their operational costs and maximize profits are also anticipated to bolster the global building integrated photovoltaics market forecast via this segment in the long run. Imposition of stringent emission control mandates and rising costs of energy are also predicted to favor the adoption of building integrated photovoltaics.

Global Building Integrated Photovoltaics Market By Technology

To get detailed analysis on other segments, Request For Free Sample Report

Building Integrated Photovoltaics Market Regional Insights

Europe is expected to hold the largest building integrated photovoltaics market share in the future. Exceptional efforts to promote sustainability, growing renewable energy adoption, and high consumer awareness are key factors aiding the dominance of the European region. Increasing adoption of green building practices, subsidization of renewable energy technologies, and launch of new energy transitioning programs are also cementing the dominance of Europe. Germany, Italy, Spain, and the United Kingdom are slated to be leading markets for building integrated photovoltaics providers looking to make a mark in this region.

North America is expected to emerge as the fastest-expanding market for building integrated photovoltaics suppliers in the long run. Growing adoption of renewable energy solutions, rising awareness regarding sustainability, and high spending potential of consumers are making this region a highly opportune one for market players. Use of advanced photovoltaics manufacturing technologies and availability of supportive government initiatives are forecasted to create new opportunities for building integrated photovoltaics providers in the long run. Canada and the United States are forecasted to be the leading markets in the North American region across the study period and beyond.

Global Building Integrated Photovoltaics Market By Geography
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Building Integrated Photovoltaics Market Dynamics

Drivers

High Demand for Sustainable Energy Solutions

  • Growing emphasis on sustainability amidst rising concerns regarding global warming has led to increased demand for eco-friendly energy solutions. Building integrated photovoltaic systems offer dual functionality by acting as both building materials and energy generators in infrastructure thereby aligning with the sustainability trend and helping the world reach its decarbonization goals.

Government Incentives and Subsidies

  • Governments in all countries are focusing on promoting the adoption of renewable energy solutions. They are launching new incentives and subsidies for consumers and companies who are opting for renewable energy solutions such as building integrated photovoltaics. These measures reduce installation costs and are expected to influentially drive the global building integrated photovoltaics market outlook in the future.

Restraints

Limited Awareness and Expertise

  • Not many people around the world are aware about building integrated photovoltaics as it is a relevantly new concept in the building and construction industry. Moreover, the limited availability of skilled professionals required for design, installation, and maintenance of advanced building integrated photovoltaics systems is also expected to hamper the global building integrated photovoltaics demand outlook through 2031.

Dependence on Weather and Location

  • The geographic location of buildings in which integrated photovoltaics are used is highly important for its efficacy. Moreover, unfavorable weather conditions and improper building orientation could also have a significant impact on the efficiency of building integrated photovoltaics systems. Hence, all of these factors create a dependency on location and weather, which could impede the adoption of building integrated photovoltaics in certain regions.

Request Free Customization of this report to help us to meet your business objectives.

Building Integrated Photovoltaics Market Competitive Landscape

Building integrated photovoltaics companies should focus on maximizing the efficiency and output of their solar systems to boost sales potential. Focusing on countries with incentives and subsidies for solar energy system installation can help building integrated photovoltaics companies maximize their revenue generation scope going forward. Making building integrated photovoltaics more affordable should be the primary objective of all market players to unlock the full potential of the global building integrated photovoltaics industry.

Top Players in Building Integrated Photovoltaics Market

  • SolarWindow Technologies Inc.
  • AGC Inc.
  • Hanergy Mobile Energy Holding Group Limited
  • The Solaria Corporation
  • Heliatek GmbH
  • Carmanah Technologies Corp.
  • Greatcell
  • Tesla
  • BELECTRIC
  • ertex solartechnik GmbH
  • Suntech Power Holdings
  • Scheuten Solar Holding
  • Centrosolar
  • First Solar
  • Heliatek
  • Sharp
  • Trina Solar
  • Yingli Green Energy Holding
  • Ascent Solar Technology
  • Dyesol

Recent Developments

  • In October 2024, Trinasolar Evergreen, the building integrated photovoltaics business unit of Trina Solar launched 4 new building integrated photovoltaics products. Solar tiles, solar industrial walls, PV noise barriers, and colored PV glass were the products launched and aimed at public and industrial infrastructure projects.
  • In September 2023, LONGi, a leading solar panel manufacturer launched a new building integrated photovoltaics product based on the company’s proprietary HPBC cell technology. ROOF 4.0 can deliver an output of 580 W with an efficiency of up to 22.6% along with claims of being able to withstand Category 17 typhoons as well.
  • In March 2023, GoodWe, a leading innovator of solar technologies and products announced the launch of its new building integrated photovoltaics product. Galaxy Series integrated photovoltaics is an ultra-lightweight offering featuring frameless design and intended for commercial and industrial applications.

Building Integrated Photovoltaics Key Market Trends

Building Integrated Photovoltaics Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per our analysis, high demand for sustainable energy solutions and growing availability of subsidies and incentives for renewable energy adoption are slated to be key prospects driving the demand for building integrated photovoltaics. On the contrary, dependence on weather and location and limited awareness are slated to slow down the sales of building integrated photovoltaics across the forecast period. High consumer awareness regarding sustainability allows Europe to emerge as the top market for building integrated photovoltaics on a global level. Integration with smart building technologies and targeting developing countries are estimated to be the key opportunities for building integrated photovoltaics suppliers in the long run.

Report Metric Details
Market size value in 2023 USD 23.6 Billion
Market size value in 2032 USD 133.18 Billion
Growth Rate 21.2%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • Crystalline Silicon, Thin Film, and Others
  • End Use
    • Industrial, Commercial, Residential, and Utility
  • Application
    • Roof, Glass, Wall, façade, and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • SolarWindow Technologies Inc.
  • AGC Inc.
  • Hanergy Mobile Energy Holding Group Limited
  • The Solaria Corporation
  • Heliatek GmbH
  • Carmanah Technologies Corp.
  • Greatcell
  • Tesla
  • BELECTRIC
  • ertex solartechnik GmbH
  • Suntech Power Holdings
  • Scheuten Solar Holding
  • Centrosolar
  • First Solar
  • Heliatek
  • Sharp
  • Trina Solar
  • Yingli Green Energy Holding
  • Ascent Solar Technology
  • Dyesol
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Building Integrated Photovoltaics Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Building Integrated Photovoltaics Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Building Integrated Photovoltaics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Building Integrated Photovoltaics Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Building Integrated Photovoltaics Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Building Integrated Photovoltaics Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Building Integrated Photovoltaics Market size was valued at USD 23.6 Billion in 2023 and is poised to grow from USD 28.6 Billion in 2024 to USD 133.18 Billion by 2032, growing at a CAGR of 21.2% during the forecast period (2025-2032).

Building integrated photovoltaics companies should focus on maximizing the efficiency and output of their solar systems to boost sales potential. Focusing on countries with incentives and subsidies for solar energy system installation can help building integrated photovoltaics companies maximize their revenue generation scope going forward. Making building integrated photovoltaics more affordable should be the primary objective of all market players to unlock the full potential of the global building integrated photovoltaics industry. 'SolarWindow Technologies Inc.', 'AGC Inc.', 'Hanergy Mobile Energy Holding Group Limited', 'The Solaria Corporation', 'Heliatek GmbH', 'Carmanah Technologies Corp.', 'Greatcell', 'Tesla', 'BELECTRIC', 'ertex solartechnik GmbH', 'Suntech Power Holdings', 'Scheuten Solar Holding', 'Centrosolar', 'First Solar', 'Heliatek', 'Sharp', 'Trina Solar', 'Yingli Green Energy Holding', 'Ascent Solar Technology', 'Dyesol'

Growing emphasis on sustainability amidst rising concerns regarding global warming has led to increased demand for eco-friendly energy solutions. Building integrated photovoltaic systems offer dual functionality by acting as both building materials and energy generators in infrastructure thereby aligning with the sustainability trend and helping the world reach its decarbonization goals.

Integration with Smart Building Technologies: Building integrated photovoltaics companies are expected to integrate their offerings with smart building solutions and technologies to boost their adoption. This integration can help building owners simplify energy monitoring and optimize their energy consumption and other related operations. Targeting this building integrated photovoltaics market trend is slated to help companies stay up to date with technological advancements going forward.

Europe is expected to hold the largest building integrated photovoltaics market share in the future. Exceptional efforts to promote sustainability, growing renewable energy adoption, and high consumer awareness are key factors aiding the dominance of the European region. Increasing adoption of green building practices, subsidization of renewable energy technologies, and launch of new energy transitioning programs are also cementing the dominance of Europe. Germany, Italy, Spain, and the United Kingdom are slated to be leading markets for building integrated photovoltaics providers looking to make a mark in this region.

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Building Integrated Photovoltaics Market

Report ID: SQMIG55E2055

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE