Building-integrated Photovoltaics Market Size, Share & Trends Report

Building-integrated Photovoltaics Market Size, Share & Trends Analysis Report By Technology (C-Si, Thin Film), By Application (Roofs, Walls, Glass), By End Use, By Region, And Segment Forecasts, 2019 - 2025

  • Published Date: Jun, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-1-68038-301-0
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 110

Industry Insights

The global building-integrated photovoltaics market size was valued at USD 10.97 billion in 2018 and is expected to expand at a CAGR of 18.8% from 2019 to 2025. The growth can be attributed to the enhancement in demand for integrated solar energy solutions in commercial installations. The market is expected to witness high growth as the product is in the growth phase of its lifecycle and is likely to sustain high demand due to the superior integration coupled with increased adoption of solar energy harnessing systems.

Furthermore, a rise in awareness of several infrastructure companies regarding zero-emission buildings is projected to boost the demand BIPV. In contrast, high initial project costs along with intermittency nature of solar energy and shadowing effect can result to reduce efficiency of BIPV systems, which are likely to limit the growth. The market is expected to rise with enhancement in the installation of BIPV systems in commercial installations due to an increase in awareness regarding green buildings.

Germany BIPV market

Governments from various countries have favorable policies and supportive regulations to enhance the growth of the BIPV market. They utilize policy tools such as financial incentives and benefits to promote the utilization of renewable energy across the country. Countries such as the U.S. and China have come up with specific policies for building-integrated photovoltaics intending to enhance BIPV installations in the respective country.

Technological advancements in the conventional photovoltaic modules will enhance the potential tapping capacity of newly manufactured modules. Moreover, significant technological advancements and R&D efforts to harness upcoming module technologies will drive the demand for the product over the forecast period.

Technology Insights

Based on module technology, the Building-integrated Photovoltaics (BIPV) market is classified into C-Si, thin-film, and other technologies that comprise Dye-Sensitized Solar Cell (DSSC), and Organic Photovoltaic (OPV). The C-Si segment led the market in 2018 with a revenue of USD 7.64 billion due to the use of these modules conventionally in solar energy installations. This segment is likely to witness above-average growth rates on account of increasing demand for higher efficiency integrated modules coupled with significant developments in material technologies.

The thin-film segment is expected to witness the fastest growth over the forecast period due to the better aesthetic appeal of these modules. Besides, a rise in demand for thin-film modules specifically for windows will drive the segment in the forthcoming years. In contrast, the limited efficiency of thin-film modules compared to C-Si modules would restrict the growth.

Application Insights

Roofs segment accounted for the highest revenue share of over 61% in 2018 due to the availability of a higher installation area for BIPVs. Increasing demand for such installations from the residential sectors in mature economies, such as the U.S., Germany, France, and the U.K., is anticipated to drive growth over the forecast period.

Glass BIPV segment is projected to witness the fastest CAGR of over 20% from 2018 to 2025 due to the better aesthetic appeal of the product. Also, ease of installation and integration of solar energy systems with glass will drive the demand for facades over the forecast period.

The other segment is likely to rise due to an increase in demand for installations for curved building surfaces, which receive high amounts of solar radiation. The curved building surfaces receive more solar rays and can harness higher energy as compared to roofs, glass, facades, and walls.

End-Use Insights

The industrial held the largest market share of around 40% in 2018 due to the rising adoption of solar installations to decrease their reliance on non-renewable sources of power generation. Besides, the rise in awareness for the application of renewable energy sources among the various industries is likely to enhance demand for BIPV products in the forecast period.

Global BIPV market

The commercial segment is projected to expand at a high CAGR over the forecast period, due to increased efforts by developers to project their installations as eco-friendly. Besides, improvement in the aesthetic appeal of commercial establishments by BIPV installations and an increase in awareness for zero-emission buildings is expected to drive the growth.

Regional Insights

The Asia Pacific is expected to witness the fastest growth due to the presence of favorable regulations and norms to enhance renewable energy installations in industrial as well as commercial establishments in countries such as China, India, Japan, and South Korea. Integrated residential solar installations in several countries such as India and China are likely to grow due to the introduction of policies and programs for net metering. Also, a rise in awareness regarding the construction of the green building is expected to further fuel the growth.

The BIPV market is projected to witness noteworthy growth in Germany, France, Belgium, and Spain due to supportive directives and regulations being enacted by the European Commission for the application of integrated photovoltaics. Also, supporting infrastructural developments in the form of optimum grid-parity of PV systems, reduced Levelized Cost of Electricity (LCOE) for solar installations, and stringent certification and testing norms are further expected to boost growth. Financial incentives such as subsidies and tax incentives by several governments in the European Union (EU) are likely to drive the regional demand for these installations.

Building-integrated Photovoltaics Market Share Insights

Major market players utilize strategies such as new product development, with a focus on enhancing the overall efficiency of BIPV installations coupled with mergers and acquisitions to enhance their presence geographically. Key players include AGC Solar; BIPV Ltd.; Belectric; Heliatek GmbH; Dyesol Ltd.; Ertex solartechnik GmbH; Hanergy Holding Group Limited; and Canadian Solar Inc.

Report Scope



The base year for estimation


Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million & CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, CSA, MEA

Country scope

U.S., Canada, Germany, U.K., China, Japan, India

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global Building-integrated Photovoltaics market based on technology, application, end-use, and region:

  • Technology Outlook (Revenue, USD Million, 2014 - 2025)

    • C-Si

    • Thin Film

    • Others

  • Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Roofs

    • Walls

    • Glass

    • Façade

    • Others

  • End-Use Outlook (Revenue, USD Million, 2014 - 2025)

    • Residential

    • Commercial

    • Industrial

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

      • Spain

      • Italy

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Australia

    • Central & South America (CSA)

      • Brazil

    • Middle East & Africa (MEA)

      • UAE

Pricing & Purchase Options

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified