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Building Integrated Photovoltaics Market Size & Forecast 2025-2033

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Rohit Pujari
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IMARC Group’s report titled “Building Integrated Photovoltaics Market Report by Product Type (Polycrystalline, Thin Film, and Others), Application (Roof, Facades, Glass, and Others), End Use (Commercial, Residential, Industrial), and Region 2025-2033”, The global building integrated photovoltaics market size reached USD 26.89 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 116.17 Billion by 2033, exhibiting a growth rate (CAGR) of 15.76% during 2025-2033.

Factors Affecting the Growth of the Building Integrated Photovoltaics Industry:

  • Increasing Demand for Renewable Energy:

The surge toward renewable energy is igniting the BIPV market. Governments and organizations unite, striving to slash carbon emissions and combat climate change. Solar energy shines brighter than ever before. BIPV systems don’t just produce electricity; they elegantly replace conventional building materials. For architects and builders, these systems are a striking solution. The quest for sustainability and energy independence fuels investments in BIPV technology, propelling the market's expansion.

  • Advancements in Technology:

Technological advancements are shining brightly on the BIPV market. Innovations like thin-film solar cells, flexible photovoltaics, and sleek building-integrated panels are boosting efficiency and versatility. Designers now have the freedom to weave solar technology seamlessly into their architectural dreams. With continuous progress lighting the way, BIPV costs are set to plummet, making solar solutions accessible to a broader audience.

  • Growing Awareness of Sustainable Building Practices:

Consumers, architects, and builders are becoming more aware of the importance of sustainable building practices. Green building certifications like LEED (Leadership in Energy and Environmental Design) are becoming more popular, pushing people to look for energy-efficient and eco-friendly solutions. BIPV systems fit well into these sustainability goals, providing clean energy while also enhancing the building’s design and functionality. This growing awareness is driving more demand for BIPV in both residential and commercial construction projects.

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Leading Companies Operating in the Building Integrated Photovoltaics Industry:

  • Ankara Solar AS

  • Ertex Solartechnik GmbH

  • Viasolis

  • Hanergy Holding Group Ltd.

  • HermansTechniglaz

  • ISSOL sa

  • Sphelar Power Corporation

  • Navitas Green Solutions Pvt. Ltd.

  • NanoPV Solar Inc.

  • Polysolar Ltd.

Building Integrated Photovoltaics Market Report Segmentation:

By Product Type:

  • Polycrystalline

  • Thin Film

  • Others

Polycrystalline: Leading the market with approximately 68.9% share in 2024, polycrystalline BIPV is favored for its cost-effectiveness and better heat tolerance compared to monocrystalline PVs.

By Application:

  • Roof

  • Facades

  • Glass

  • Others

Roof: Dominating the market with around 44.7% share in 2024, BIPVs on roofs maximize sunlight exposure and enhance energy efficiency while improving aesthetic appeal.

By End Use:

  • Commercial

  • Residential

  • Industrial

Commercial: Leading with approximately 54.5% market share in 2024, BIPV is widely adopted in commercial buildings due to larger installation areas and higher daytime energy usage.

Regional Insights:

  • North America (United States, Canada)

  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

  • Latin America (Brazil, Mexico, Others)

  • Middle East and Africa

Europe: Holding the largest market share at 40.25% in 2024, driven by strong regulatory support and commitment to renewable energy, fostering innovation in the BIPV sector.

Global Building Integrated Photovoltaics Market Trends:

The Building Integrated Photovoltaics market is being shaped by several key trends. One is the growing integration of smart building technologies, which allow real-time monitoring and optimization of energy production in BIPV systems. As more cities become urbanized, the demand for high-rise and mixed-use buildings is increasing, and these buildings often use BIPV solutions to boost energy efficiency. There is also a rising demand for aesthetically pleasing solar products, leading to new designs that blend better with the architecture. Additionally, with the focus on energy independence and resilience against climate change, decentralized energy solutions like BIPV are becoming more popular.

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

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email:
Tel No:(D) +91 120 433 0800
United States: +1–631–791–1145

Building Integrated Photovoltaics Market