Building Integrated Photovoltaics Market size to grow by USD 19,922.77 million from 2022 to 2027; Growth driven by the need to reduce energy costs - Technavio

NEW YORK, May 18, 2023 /PRNewswire/ -- The building-integrated photovoltaics market size is set to grow by USD 19922.77 million from 2022 to 2027 progressing at a CAGR of 23.12% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by Rising demand to reduce energy costs.

Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!

The report on the building integrated photovoltaics market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Building Integrated Photovoltaics Market 2023-2027 - Market Dynamics

Market Driver

• Rising demand to reduce energy costs
• Growing requirement for energy certifications
• Increasing solar energy consumption and installation

Market Trend

• Growing number of green buildings
• Reduction in solar PV cost
• Increasing renewable energy investments

Market Challenges

• Intermittent nature of solar power
• Low conversion efficiency
• Absence of BIPV-specific standards

Building Integrated Photovoltaics Market 2023-2027: Market Segmentation

The building-integrated photovoltaics market is segmented by end-user (commercial, residential, and industrial), panel type (crystalline panel and thin-film panel), and geography (Europe, APAC, North America, Middle East and Africa, and South America). 

The market share growth by the commercial segment will be significant during the forecast period. The commercial sector is a major end-user of BIPV systems. The commercial segment was valued at USD 732.11 million in 2017 and continued to grow until 2021. As the emergence of BIPV systems has improved the ROI of various commercial buildings by maximizing energy savings, there will be an increase in the adoption of such systems.

By geography, Europe is estimated to contribute 43% to the growth of the global market during the forecast period. Europe is expected to register significant growth during the forecast period due to the high demand for BIPV installations from the power utilities and residential sector, which are the major end-users in this region.

The report comprises of various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. View Sample Report

The building-integrated photovoltaics market covers the following areas:

Building Integrated Photovoltaics Market Sizing
Building Integrated Photovoltaics Market Forecast
Building Integrated Photovoltaics Market Analysis

Companies Mentioned

• altPOWER Inc.
• BELECTRIC Solar and Battery GmbH
• Canadian Solar Inc.
• ertex solartechnik GmbH
• First Solar Inc.
• Greatcell Energy Pty Ltd.
• Hanergy Thin Film Power EME BV
• Harsha Abakus Solar Pvt. Ltd.
• Heliatek GmbH
• Kyocera Corp.
• Meyer Burger Technology AG
• PowerFilm Solar Inc.
• Reliance Industries Ltd.
• SCHOTT AG
• Schuco International KG
• Sharp Corp.
• Trina Solar Co. Ltd.
• United Solar Ovonic Inc.
• Wuxi Suntech Power Co. Ltd.
• Yingli Green Energy Holding Co. Ltd.

altpower.com- The company offers personal lubricants such as natural chemistry, excite gel, and all night long.

canadiansolar.com- The company offers personal lubricants such as water-based, silicone, and organic.

firstsolar.com- The company offers personal lubricants such as Trojan lubricants tonight.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Panel Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global building integrated photovoltaics market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global building integrated photovoltaics market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 End user Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – End user Segment 2017 - 2021 ($ million)

• 4.4 Panel type Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Panel type Segment 2017 - 2021 ($ million)

• 4.5 Geography Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.6 Country Segment Analysis 2017 - 2021
• Exhibit 23: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 24: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 25: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 26: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 27: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 28: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 29: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 30: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 31: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 32: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 33: Chart on Comparison by End-user
• Exhibit 34: Data Table on Comparison by End-user

• 6.3 Commercial - Market size and forecast 2022-2027
• Exhibit 35: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 6.4 Residential - Market size and forecast 2022-2027
• Exhibit 39: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 42: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 6.5 Industrial - Market size and forecast 2022-2027
• Exhibit 43: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Chart on Industrial - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by End-user 
• Exhibit 47: Market opportunity by End-user ($ million)

7 Market Segmentation by Panel Type

• 7.1 Market segments 
• Exhibit 48: Chart on Panel Type - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Panel Type - Market share 2022-2027 (%)

• 7.2 Comparison by Panel Type 
• Exhibit 50: Chart on Comparison by Panel Type
• Exhibit 51: Data Table on Comparison by Panel Type

• 7.3 Crystalline panel - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Crystalline panel - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Crystalline panel - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Crystalline panel - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Crystalline panel - Year-over-year growth 2022-2027 (%)

• 7.4 Thin-film panel - Market size and forecast 2022-2027
• Exhibit 56: Chart on Thin-film panel - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Thin-film panel - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Thin-film panel - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Thin-film panel - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Panel Type 
• Exhibit 60: Market opportunity by Panel Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 62: Chart on Market share by geography 2022-2027 (%)
• Exhibit 63: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 64: Chart on Geographic comparison
• Exhibit 65: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 66: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 70: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 74: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 78: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 82: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 86: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027
• Exhibit 90: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 94: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 97: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 98: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 101: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Italy - Market size and forecast 2022-2027
• Exhibit 102: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 105: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 106: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 107: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 108: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 109: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 110: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 111: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 112: Matrix on vendor position and classification

• 12.3 BELECTRIC Solar and Battery GmbH 
• Exhibit 113: BELECTRIC Solar and Battery GmbH - Overview
• Exhibit 114: BELECTRIC Solar and Battery GmbH - Product / Service
• Exhibit 115: BELECTRIC Solar and Battery GmbH - Key offerings

• 12.4 Canadian Solar Inc. 
• Exhibit 116: Canadian Solar Inc. - Overview
• Exhibit 117: Canadian Solar Inc. - Business segments
• Exhibit 118: Canadian Solar Inc. - Key news
• Exhibit 119: Canadian Solar Inc. - Key offerings
• Exhibit 120: Canadian Solar Inc. - Segment focus

• 12.5 First Solar Inc. 
• Exhibit 121: First Solar Inc. - Overview
• Exhibit 122: First Solar Inc. - Business segments
• Exhibit 123: First Solar Inc. - Key news
• Exhibit 124: First Solar Inc. - Key offerings
• Exhibit 125: First Solar Inc. - Segment focus

• 12.6 Harsha Abakus Solar Pvt. Ltd. 
• Exhibit 126: Harsha Abakus Solar Pvt. Ltd. - Overview
• Exhibit 127: Harsha Abakus Solar Pvt. Ltd. - Product / Service
• Exhibit 128: Harsha Abakus Solar Pvt. Ltd. - Key offerings

• 12.7 Heliatek GmbH 
• Exhibit 129: Heliatek GmbH - Overview
• Exhibit 130: Heliatek GmbH - Product / Service
• Exhibit 131: Heliatek GmbH - Key offerings

• 12.8 Kyocera Corp. 
• Exhibit 132: Kyocera Corp. - Overview
• Exhibit 133: Kyocera Corp. - Business segments
• Exhibit 134: Kyocera Corp. - Key offerings
• Exhibit 135: Kyocera Corp. - Segment focus

• 12.9 Meyer Burger Technology AG 
• Exhibit 136: Meyer Burger Technology AG - Overview
• Exhibit 137: Meyer Burger Technology AG - Business segments
• Exhibit 138: Meyer Burger Technology AG - Key offerings
• Exhibit 139: Meyer Burger Technology AG - Segment focus

• 12.10 PowerFilm Solar Inc. 
• Exhibit 140: PowerFilm Solar Inc. - Overview
• Exhibit 141: PowerFilm Solar Inc. - Product / Service
• Exhibit 142: PowerFilm Solar Inc. - Key offerings

• 12.11 Reliance Industries Ltd. 
• Exhibit 143: Reliance Industries Ltd. - Overview
• Exhibit 144: Reliance Industries Ltd. - Business segments
• Exhibit 145: Reliance Industries Ltd. - Key news
• Exhibit 146: Reliance Industries Ltd. - Key offerings
• Exhibit 147: Reliance Industries Ltd. - Segment focus

• 12.12 SCHOTT AG 
• Exhibit 148: SCHOTT AG - Overview
• Exhibit 149: SCHOTT AG - Business segments
• Exhibit 150: SCHOTT AG - Key news
• Exhibit 151: SCHOTT AG - Key offerings
• Exhibit 152: SCHOTT AG - Segment focus

• 12.13 Sharp Corp. 
• Exhibit 153: Sharp Corp. - Overview
• Exhibit 154: Sharp Corp. - Business segments
• Exhibit 155: Sharp Corp. - Key news
• Exhibit 156: Sharp Corp. - Key offerings
• Exhibit 157: Sharp Corp. - Segment focus

• 12.14 Trina Solar Co. Ltd. 
• Exhibit 158: Trina Solar Co. Ltd. - Overview
• Exhibit 159: Trina Solar Co. Ltd. - Business segments
• Exhibit 160: Trina Solar Co. Ltd. - Key offerings
• Exhibit 161: Trina Solar Co. Ltd. - Segment focus

• 12.15 United Solar Ovonic Inc. 
• Exhibit 162: United Solar Ovonic Inc. - Overview
• Exhibit 163: United Solar Ovonic Inc. - Product / Service
• Exhibit 164: United Solar Ovonic Inc. - Key offerings

• 12.16 Wuxi Suntech Power Co. Ltd. 
• Exhibit 165: Wuxi Suntech Power Co. Ltd. - Overview
• Exhibit 166: Wuxi Suntech Power Co. Ltd. - Product / Service
• Exhibit 167: Wuxi Suntech Power Co. Ltd. - Key offerings

• 12.17 Yingli Green Energy Holding Co. Ltd.
• Exhibit 168: Yingli Green Energy Holding Co. Ltd. - Overview
• Exhibit 169: Yingli Green Energy Holding Co. Ltd. - Business segments
• Exhibit 170: Yingli Green Energy Holding Co. Ltd. - Key offerings
• Exhibit 171: Yingli Green Energy Holding Co. Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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