Building Integrated Photovoltaics (BIPV) Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2027

In 2020, the global Building Integrated Photovoltaics (BIPV) market size was US$ 7665 million and it is expected to reach US$ 10030 million by the end of 2027, with a CAGR of 3.8% during 2021-2027. The growing awareness of green infrastructures, such as energy-efficient buildings, as well as increased efforts by national governments to install solar energy panels, are likely to enhance demand for building-integrated photovoltaics (BIPV).

 

 

Building-integrated photovoltaics (BIPV) are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope such as the roof, skylights, or facades. They are increasingly being incorporated into the construction of new buildings as a principal or ancillary source of electrical power, although existing buildings may be retrofitted with similar technology. The advantage of integrated photovoltaics over more common non-integrated systems is that the initial cost can be offset by reducing the amount spent on building materials and labor that would normally be used to construct the part of the building that the BIPV modules replace. These advantages make BIPV one of the fastest-growing segments of the photovoltaic industry.

 

Building Integrated Photovoltaics (BIPV) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Building Integrated Photovoltaics (BIPV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue, and forecast by Type and by Application for the period 2016-2027.

The Asia Pacific is the largest market, with a share of about 50%, followed by Europe, with a share of about 30 percent.

 In terms of product, Polycrystalline Silicon is the largest segment, with a share of about 60%. And in terms of application, the largest application is Commercial, followed by Residential, etc.

The commercial segment is projected to witness considerable growth over the forecast period owing to the increasing awareness about zero-emission green infrastructure. BIPV installations improve the aesthetic appeal of commercial establishments and provide major savings on electricity consumption, thereby driving product deployment across the commercial segment.

• Single Crystal Silicon
• Polycrystalline Silicon
• Thin Film

Building Integrated Photovoltaics Market by Application

• Residential
• Commercial
• Others

Major Players in the Building Integrated Photovoltaics Market

• First Solar
• Sharp
• Yingli Solar
• Solar Frontier
• SunPower
• Solarcentury
• Hanwha Solar
• REC Group
• Panasonic
• Kyocera
• Canadian Solar
• Suntech
• Trina Solar
• Meyer Burger
• AGC Solar
• Harsha Abakus Solar
• Sapa Group
• ISSOL
• SolarWorld AG
• Jinko Solar

Production by Region

• North America
• Europe
• China
• Japan

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E