Brazil Building-integrated Photovoltaics Market Size & Outlook
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Brazil building-integrated photovoltaics market highlights
- The Brazil building-integrated photovoltaics market generated a revenue of USD 632.0 million in 2023 and is expected to reach USD 1,987.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 17.8% from 2024 to 2030.
- In terms of segment, c-si was the largest revenue generating technology in 2023.
- Thin Film is the most lucrative technology segment registering the fastest growth during the forecast period.
Building-integrated photovoltaics market data book summary
| Market revenue in 2023 | USD 632.0 million |
| Market revenue in 2030 | USD 1,987.9 million |
| Growth rate | 17.8% (CAGR from 2023 to 2030) |
| Largest segment | C-si |
| Fastest growing segment | Thin Film |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | C-Si, Thin Film |
| Key market players worldwide | AGC Inc, Nippon Steel Corp, Solaria Energia y Medio Ambiente SA, Eltek Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global building-integrated photovoltaics market in 2023.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil building-integrated photovoltaics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,987.9 million by 2030.
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Building-integrated Photovoltaics Market Scope
Building-integrated Photovoltaics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eltek Ltd | View profile | 333 | 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva, Israel, 4927920 | https://www.nisteceltek.com |
| Solaria Energia y Medio Ambiente SA | View profile | 247 | C/ Princesa, 2 - 4 Planta, Madrid, Spain, 28008 | http://www.solariaenergia.com |
| AGC Inc | View profile | 61671 | 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8405 | https://www.agc.com |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
Brazil building-integrated photovoltaics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to building-integrated photovoltaics market will help companies and investors design strategic landscapes.
C-si was the largest segment with a revenue share of 71.65% in 2023. Horizon Databook has segmented the Brazil building-integrated photovoltaics market based on c-si, thin film covering the revenue growth of each sub-segment from 2018 to 2030.
The BIPV market in Brazil was dominated by crystalline silicon in 2022 on account of its low price. The demand for BIPV in commercial installations is anticipated to increase over the forecast period, fueled primarily by improvements in performance of crystalline silicon BIPV solutions.
The demand for thin film BIPV is projected to grow at a substantial rate over the next seven years on account of the growing adoption of the product. The commercial industry in the region is expected to emerge as a major end user of BIPV installations.
The segment is likely to grow over the forecast period on account of the efforts taken toward maximizing the use of renewable energy sources in commercial establishments. In addition, the residential segment is anticipated to account for a limited market revenue share due to the presence of low- and middleincome consumers in the region.
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Target buyers of Brazil building-integrated photovoltaics market databook
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Our clientele includes a mix of building-integrated photovoltaics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil building-integrated photovoltaics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil building-integrated photovoltaics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil building-integrated photovoltaics market size, by end use, 2018-2030 (US$M)
Brazil Building-integrated Photovoltaics Market Outlook Share, 2023 & 2030 (US$M)
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