Report Highlights
The global market for building integrated photovoltaic (BIPV) technologies is estimated to increase from $17.1 billion in 2024 to reach $42.0 billion by 2029, at a compound annual growth rate (CAGR) of 19.7% from 2024 through 2029.
Report Includes
- 88 data tables and 63 additional tables
- A review of the global market and technologies for building-integrated photovoltaic (BIPV) materials
- Analyses of the global market trends, with data from 2023, estimates for 2024, forecasts for 2025 and 2027, and projections of compound annual growth rates (CAGRs) through 2029
- Estimates of the market size and a corresponding market share analysis by technology, application, end user and geographical region for key market segments and sub-segments
- Discussion of market opportunities and drivers for the BIPV materials market, current trends, ongoing research activities and industry regulations
- Identification of major stakeholders in the market, and analysis of their company shares and the competitive landscape
- Patent review and analysis of patents granted for technologies related to advanced PV materials and devices used in BIPV
- A SWOT analysis of the top four BIPV technologies
- A discussion of the ESG challenges and practices of companies in the BIPV technologies market
- Assessment of the competitive landscape, including an analysis of the key market participants, their global market shares, product portfolios and financial overviews.
- Updated information on recent mergers and acquisitions, facility expansions, collaborations, investments, divestments, new products, and other strategic developments in the market
- Company profiles of major players within the industry, including Tesla, Jinko Solar, Canadian Solar, and TrinaSolar
Report Scope
In this report, the market size and revenue forecasts have been segmented based on technology, application, end user and geography. The report provides an overview of the global BIPV market and analyzes market trends. Using 2023 as the base year, the report provides estimated market data for the forecast period from 2024 through 2029. The report covers the market for BIPV with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape.
The parameters defining the scope of this report are:
- The global market of commercially deployed BIPV projects.
- Projects in the design or pre-development phase that have not been considered in the calculation of the overall market size.
- New constructions, as well as renovation projects for the calculation of the overall market size.
The after-sales services market, which covers software upgrades and hardware maintenance, as well as utility-scale power grid projects, are not considered in the report.
This report also examines the key trends and challenges driving the market and the companies operating within it. It analyzes environmental, social and corporate governance (ESG) developments; patents; and emerging technologies in the BIPV technologies market. It also surveys the competition among major players and provides profiles of leading companies in the market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||||
| Base year market size | $15.1 billion | ||||||||||||||||||
| Market size forecast | $42.0 billion | ||||||||||||||||||
| Growth rate | CAGR of 19.7% for the forecast period of 2024-2029 | ||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||
| Segments covered | Technology, Application, End-User | ||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, Rest of the World | ||||||||||||||||||
| Countries covered | U.S., Canada, Mexico, U.K., Germany, Italy, Spain, France, Poland, the Netherlands, Portugal, China, Japan, India, South Korea, Malaysia, Singapore, Brazil, Argentina, Chile, Peru, Uruguay, Middle East and Africa | ||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for building-integrated photovoltaics (BIPVs) is estimated to increase from $12.4 billion in 2022 to reach $34.8 billion by 2027, at a compound annual growth rate (CAGR) of 22.9% from 2022 through 2027.
Report Highlights
The global market for building-integrated photovoltaics (BIPV) should grow from $3.9 billion in 2020 to $11.3 billion by 2025, at compound annual growth rate (CAGR) of 23.9% for the period of 2020-2025.
Report Highlights
The global market for building-integrated photovoltaic (BIPV) technologies will grow from $2.4 billion in 2016 to $4.3 billion by 2021 with a compound annual growth rate (CAGR) of 12.2% for the period of 2016-2021.
Report Highlights
The global building-integrated photovoltaics (BIPV) revenue to photovoltaic manufacturers was valued at about $1.3 billion in 2013 and increasing to $1.4 billion in 2014. This is expected to increase to $1.9 billion by 2019, with a compound annual growth rate (CAGR) of 6.4% for the five-year period, 2014 to 2019.
Report Highlights
Building-integrated photovoltaics (BIPV) currently make up a small but noticeable part of the world PV market. The global market was valued at 1,201 megawatts in 2010 and is expected to increase at a 56% compound annual growth rate (CAGR) to reach a capacity of 11,392 megawatts in 2015.
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