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Building Integrated Photovoltaics (BiPV) - Global Strategic Business Report

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    Report

  • 591 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3275703
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 18.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the C-Si segment, which is expected to reach US$58.4 Billion by 2030 with a CAGR of 18.5%. The Thin Film segment is also set to grow at 20.9% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $3.5 Billion in 2023, and China, forecasted to grow at an impressive 22.6% 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.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, The New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
  • With the Pandemic Crushing the Construction Sector Sentiments, BIPV Market Exhibits Substantial Decline in 2020
  • BIPV Market Looks Up Post Pandemic Scare
  • Competitive Scenario: BIPV Market Characterized by High Degree of Fragmentation
  • Building Integrated Photovoltaics (BiPV) - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • BIPV Set to Resume Progressive Gains in Post COVID-19 Environment: Outlook
  • Key Challenges and Future Prospects of BIPV
  • Factors Driving Growth in BIPV Market
  • Image of BIPV as an Economically Viable, Multifunctional, Renewable Energy Source for Buildings to Stir Future Opportunities
  • Developed Countries Lead Market, Developing Economies to Spearhead Future Growth
  • DOE Issues RFI for Gathering Input on BIPV Systems
  • Germany’s Achievement of Climate Neutrality through BIPV
  • Analysis by Technology Type
  • C-Si: Primary Technology Vertical in the BIPV Domain
  • Thin Film Technology Set to Make Robust Gains
  • Analysis by Application Type
  • Roofing Remains the Largest Application Segment for BIPV Market
  • With Solar Roofing Shingles & Tiles Gaining Popularity, Roofing Set to Solidify its Dominant Position
  • Glass Emerges as High Growth Application Segment
  • BIPV Walls to Seek Widen Addressable Market
  • Façades: Niche Application Area
  • Introduction to Building Integrated Photovoltaics (BIPV)
  • Advantages and Disadvantages of BIPVs
  • An Insight into BIPV Technologies
  • Cell and Module Efficiency of Commercial PV Technologies: A Comparison
  • Comparison between Crystalline Silicon and Thin Film Technologies
  • Comparison Chart of Solar Cell Efficiencies for Crystalline Silicon and Thin Films with respect to Temperature
  • BIPV Applications
  • Merits & Demerits of BIPV Products in Various Applications
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • BIPV Steadily Moving from Niche to Mass Market
  • Energy Collation Scope of BPV
  • Factors Influencing Future Market Development
  • Emphasis on Energy-Efficient, Green, LEED Buildings Builds Fertile Environment for BIPV Market
  • Relevance of Zero Energy Building Constructions Bodes Well for Future Growth
  • Leading to Net Positive Construction
  • Smart City, the New Urban Infrastructure Model, to Steer Next Wave of Growth in BIPV Market
  • Sustained Rise in Global Electricity Demand Creates Conducive Scenario for Wider Uptake of BIPV Solutions
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
  • Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
  • Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
  • BIPV Market Stands to Gain from Growing Focus on Renewable Energy Sources
  • Targets for Electricity Production from Renewable Energy Sources in Select Countries
  • Leading Countries with Renewable Energy as % of total Energy
  • Global CO2 Emissions (2015. 2020, 2040 & 2050): Percentage Breakdown of Volume Emissions by Fuel Type
  • With Solar Energy Emerging as Reliable Renewable, BIPV Anticipates Parallel Momentum
  • Top 10 Countries Worldwide by Annual PV Installed Capacity
  • Top 10 Countries Worldwide by Cumulative PV Installed Capacity in in GW
  • Government Participation in Boosting Solar Energy Uptake Elevates Momentum in BIPV Domain
  • Future Prospects Remain Favorable Amid Growing Population & Urbanization Drive
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
  • Industrial Sector: Largest Revenue Contributor
  • Fast Paced Growth Anticipated in Commercial Buildings Vertical
  • Advantages and Disadvantages of BIPV Usage in Buildings
  • BIPV Solutions Remain Highly Relevant in Residential Buildings
  • Besides New Installations, High-Growth Opportunities Exist for BIPV in Retrofit Market
  • Retrofit Opportunity in Government, Prestige, & Historic Buildings Verticals
  • Technology Advancements & Product Innovations Widen Addressable Market for BIPV Solutions
  • Advanced R&D Efforts Bring Forth BIPV-T Solar Roofing Technology
  • Colored Photovoltaic Continue to Gain Traction in BIPV R&D Programs
  • Customized PV Systems Emerge as New R&D Focus Area
  • Sonnenstromfabrik Brilliant PV Modules
  • IRIG Develops Self-Adjusting BIPV Panels
  • Meyer Burger’s SmartWire Connection Technology (SWCT)
  • Metal Wrap Through (MWT) Technology
  • Passivated Emitter and Rear Cell (PERC) Technology
  • Organic Solar PV Cells
  • DysCrete Building Material
  • Solar Cloth PVs
  • Perovskite Materials
  • Select Innovations in the Photovoltaic Panels Market: 2020 & 2021
  • A Glance at BIPV-Related Standards & Codes
  • International Electrotechnical Commission (IEC) Standards
  • Underwriters Laboratory (UL) Standards
  • Growth Barriers & Restraints
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for C-Si by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for C-Si by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for C-Si by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Thin Film by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Thin Film by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Thin Film by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Roofs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Roofs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Roofs by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Walls by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Walls by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Walls by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Glass by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Facade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Facade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Facade by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Building Integrated Photovoltaics (BiPV) Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 35: World Recent Past, Current & Future Analysis for Building Integrated Photovoltaics (BiPV) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 36: World Historic Review for Building Integrated Photovoltaics (BiPV) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 37: World 16-Year Perspective for Building Integrated Photovoltaics (BiPV) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Building Integrated Photovoltaics (BiPV) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Commercial Availability of Aesthetically-Pleasing Solutions Marks Swift Adoption of BiPV
  • Trend towards Green Constructions and LEED Certification to Favor Growth Post the Pandemic
  • Net Zero Building: The Trend to Watch Out for
  • Pandemic-led Construction Slowdown Defuses Enthusiasm Surrounding California’s Solar Mandate: A Flashback
  • COVID-19 Impact on Housing Market
  • Housing Projects Scenario
  • Key Indicators for US Residential Construction Market
CANADA
JAPAN
  • Building Integrated Photovoltaics (BiPV) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Building Integrated Photovoltaics (BiPV) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Focus on Building Energy Conservation to Drive Market Growth Post Pandemic
EUROPE
  • Building Integrated Photovoltaics (BiPV) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Europe: The Largest BIPV Market
  • Need to Reduce Energy Consumption Drives Demand for BIPV Products
  • Energy Consumption in EU28: Percentage Breakdown of Energy Demand by Sector
  • BiPV Drives EU Energy Market towards Renewable and Decentralized System
  • BIPV Product Pricing Impacts Technology Adoption
  • Price Comparison of BIPV Roofing Solutions, Traditional Roofing Materials and In-Roof Mounting System in Europe
  • Price Comparison of BIPV Façade Solutions and Traditional Façade Materials in Europe
  • Favorable Policy Framework to Stimulate Adoption of BIPV Systems
  • Influx of Advanced Solutions to Drive Uptake of BIPV Technology
  • European Companies Seek Newer PV Materials
  • Renovation Market Offer Ample Opportunities for BIPV Products
  • Renovation Rate of Residential Buildings (%) in Select Countries across the EU
  • Restraining Factors
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Building Integrated Photovoltaics (BiPV) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Escalating Energy Demand: A Major Growth Factor for BIPV
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • An Overview
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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