The global building integrated photovoltaics (BIPV) market stood at USD 12.20 billion in 2019 and is likely to be valued at USD 47.20 billion by 2027, at a CAGR of 20.0% over the next eight years. High energy efficiency offered by BIPV modules coupled with various government initiatives towards renewable energy are set to drive the market demand over the forecast period. Moreover, growing demand for energy across the globe is likely to further boost the market. However, high initial investment along with the lack of expertise regarding installation & design may deter the market growth.
Being a vital component of the building skin that converts the solar energy into electricity, BIPVs refer to photovoltaic systems that are integrated within an object. BIPV systems can be either interfaced with the available utility grid, or used as standalone off-grid systems. Building integrated photovoltaics are increasingly being incorporated into the construction of new buildings either as a primary or auxiliary source of electric power.
In addition, emerging smart projects will not only produce energy from BIPVs, but also retain properties of conventional building materials such as insulation, soundproofing, heat absorption, and aesthetic qualities among others. Also, BIPV modules are capable of offsetting the system costs, and are therefore expected to emerge as the most promising future energy systems.
The report provides detailed market outlook, and forecast the “Global Building Integrated Photovoltaics (BIPV)” market based on technology, application, end-use and region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018 |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Units Considered | USD Billion & Gigawatts |
| Segmentation By Technology |
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| Segmentation by Application |
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| Segmentation By End-Use |
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| Regions Covered |
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| Key Company Profiles | First Solar, Inc., Hanergy Mobile Energy Holding Group Limited, Schott AG., Canadian Solar, ISSOL S.A, Ascent Solar Technologies, Inc., & Sharp Corporation, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Building integrated photovoltaics (BIPV) market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.3.2. Manufacturing trends
3.4. Technological overview
3.5. Regulatory framework
3.6. BIPV market : developed v/s developing countries
3.7. Market opportunities & trends
3.7.1. Advent of new generation cell technologies
3.7.2. Rising construction activities across the globe
3.7.3. Constant innovations in BIPV deigns
3.7.4. Mounting worldwide energy consumption
3.8. Market dynamics
3.8.1. Market driver analysis
3.8.1.1. High energy efficiency offered by BIPVs
3.8.1.2. Increasing government initiatives towards renewable energy
3.8.1.3. Impact analysis
3.8.2. Market restraint analysis
3.8.2.1. High initial investment
3.8.2.2. Lack of expertise with regard to installation & design
3.8.2.3. Impact analysis
3.9. Industry analysis – Porter’s
3.9.1. Bargaining power of suppliers
3.9.2. Bargaining power of buyers
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Competitive rivalry
3.10. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Global industry impact of COVID-19 pandemic
5.1.1. Impact analysis by end-use
5.1.2. Analyst recommendations
CHAPTER 6. Global Building Integrated Photovoltaics (BIPV) Market Size and Forecast (2017 - 2027)
6.1. Global Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
6.1.1. Crystalline Silicon
6.1.2. Thin Film
6.1.2.1. Amorphous silicon
6.1.2.2. Cadmium Telluride (CDTE)
6.1.2.3. Copper Indium Gallium Diselenide (CIGS)
6.1.3. Others
6.2. Global Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
6.2.1. Roofs
6.2.2. Walls
6.2.3. Facades
6.2.4. Glazing
6.2.5. Others
6.3. Global Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Global Building Integrated Photovoltaics (BIPV) Market, By Region (USD Billion) (Gigawatts)
6.4.1. North America
6.4.2. Europe
6.4.3. Asia-Pacific
6.4.4. Central & South America (CSA)
6.4.5. Middle East & Africa (MEA)
CHAPTER 7. Global Building Integrated Photovoltaics (BIPV) Market Size and Forecast, By Region (2017 - 2027)
7.1. North America Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.1.1. North America Building Integrated Photovoltaics (BIPV) Market, By Country (USD Billion) (Gigawatts)
7.1.2. North America Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.1.3. North America Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.1.4. North America Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.1.5. The U.S. Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.1.5.1. The U.S. Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.1.5.2. The U.S. Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.1.5.3. The U.S. Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.2. Europe Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.2.1. Europe Building Integrated Photovoltaics (BIPV) Market, By Country (USD Billion) (Gigawatts)
7.2.2. Europe Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.2.3. Europe Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.2.4. Europe Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.2.5. Germany Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.2.5.1. Germany Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.2.5.2. Germany Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.2.5.3. Germany Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.2.6. The U.K Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.2.6.1. The U.K Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.2.6.2. The U.K Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.2.6.3. The U.K Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.2.7. France Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.2.7.1. France Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.2.7.2. France Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.2.7.3. France Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.2.8. Italy Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.2.8.1. Italy Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.2.8.2. Italy Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.2.8.3. Italy Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.2.9. Spain Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.2.9.1. Spain Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.2.9.2. Spain Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.2.9.3. Spain Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.3. Asia-Pacific Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.3.1. Asia-Pacific Building Integrated Photovoltaics (BIPV) Market, By Country (USD Billion) (Gigawatts)
7.3.2. Asia-Pacific Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.3.3. Asia-Pacific Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.3.4. Asia-Pacific Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.3.5. China Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.3.5.1. China Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.3.5.2. China Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.3.5.3. China Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.3.6. Japan Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.3.6.1. Japan Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.3.6.2. Japan Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.3.6.3. Japan Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.3.7. India Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.3.7.1. India Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.3.7.2. India Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.3.7.3. India Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.3.8. South Korea Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.3.8.1. South Korea Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.3.8.2. South Korea Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.3.8.3. South Korea Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.4. Central & South America (CSA) Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.4.1. Central & South America (CSA) Building Integrated Photovoltaics (BIPV) Market, By Country (USD Billion) (Gigawatts)
7.4.2. Central & South America (CSA) Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.4.3. Central & South America (CSA) Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.4.4. Central & South America (CSA) Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.4.5. Brazil Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.4.5.1. Brazil Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.4.5.2. Brazil Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.4.5.3. Brazil Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.5. Middle East & Africa (MEA) Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.5.1. Middle East & Africa (MEA) Building Integrated Photovoltaics (BIPV) Market, By Country (USD Billion) (Gigawatts)
7.5.2. Middle East & Africa (MEA) Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.5.3. Middle East & Africa (MEA) Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.5.4. Middle East & Africa (MEA) Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.5.5. UAE Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.5.5.1. UAE Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.5.5.2. UAE Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.5.5.3. UAE Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
7.5.6. South Africa Building Integrated Photovoltaics (BIPV) Market (USD Billion) (Gigawatts)
7.5.6.1. South Africa Building Integrated Photovoltaics (BIPV) Market, By Technology (USD Billion) (Gigawatts)
7.5.6.2. South Africa Building Integrated Photovoltaics (BIPV) Market, By Application (USD Billion) (Gigawatts)
7.5.6.3. South Africa Building Integrated Photovoltaics (BIPV) Market, By End-Use (USD Billion) (Gigawatts)
CHAPTER 8. Key Players and Strategic Developments
8.1. Ascent Solar Technologies, Inc.
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Hanergy Mobile Energy Holding Group Limited
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. First Solar, Inc.
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. Schott AG.
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Yingli Green Energy Holding Company Limited
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Suntech Power Holdings Co. Ltd
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Sharp Corporation
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Canadian Solar
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. Onyx Solar
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. CentroSolar AG.
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. BIPV Ltd.
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. AGC Glass
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
8.13. United Solar Ovonic LLC
8.13.1. Business Overview
8.13.2. Product and Service Offering
8.13.3. Financial Overview
8.13.4. Strategic Developments
8.14. ISSOL S.A
8.14.1. Business Overview
8.14.2. Product and Service Offering
8.14.3. Financial Overview
8.14.4. Strategic Developments
8.15. ViaSolis
8.15.1. Business Overview
8.15.2. Product and Service Offering
8.15.3. Financial Overview
8.15.4. Strategic Developments
8.16. Polysolar Limited
8.16.1. Business Overview
8.16.2. Product and Service Offering
8.16.3. Financial Overview
8.16.4. Strategic Developments
