Building Integrated Photovoltaics (BIPV) Market Size, Share, Report 2025 to 2034

Building Integrated Photovoltaics (BIPV) Market Size and Growth 2025 to 2034

The global building integrated photovoltaics (BIPV) market size was valued at USD 29.87 billion in 2024 and is expected to be worth around USD 138.64 billion by 2034, growing at a compound annual growth rate (CAGR) of 16.59% over the forecast period 2025 to 2034. The BIPV market is growing rapidly due to the convergence of environmental, technological, economic and regulatory factors. As building owners, developers and governments continue to emphasize sustainability and energy efficiency, integrating solar energy directly into buildings will play a critical role in achieving a low-carbon future. With technological advances, reduced costs and a supportive policy environment, BIPV is poised to become a key element of modern, sustainable architecture and urban planning.

Nearly 40% of the world's energy consumption and one-third of its greenhouse gas emissions, in both rich and developing nations, come from buildings. Together, industry and scientists have created effective and sustainable technology. Photovoltaics, thermal photovoltaics, and solar thermal collectors are all viable options since they may be incorporated into the building envelope. Building-integrated solar technologies are achieved when such solar technologies are architecturally integrated into the building envelope.

Building-integrated photovoltaic (BIPV) systems are growing in popularity; they can generate electrical energy and, in some cases, warm air for space heating. Photovoltaics can be integrated directly into other components of the building envelope, for example into a wall to create an opaque or shaded wall, or into the outer skin of a building, such as the facade or roof. In both scenarios, photovoltaics replaces traditional building materials. BIPV systems offer enormous potential in the field of domestic cooling/heating. It is well known that high temperatures reduce the efficiency of photovoltaics. BIPV systems have a higher operating temperature than standalone PV modules. They reduce the return losses caused by solar panels within the building envelope. A PVT collector can minimize these undesirable effects. BIPV panels are more economical than BIPV collectors in the current energy market, although BIPV collectors can achieve high energy savings.

Michael Peter, CEO of Siemens Mobility: "We believe that battery hybrid drives and dual-power trains will play an important role in reducing emissions and protecting the environment."

Tracy Robinson became president and CEO of the Canadian National Railway Company (CN Rail): "You can reduce emissions by about 75% if you shift from truck to rail, but doing that requires us to think about our business very differently."

Report Highlights

• The Europe region has held dominant position, accounted for revenue share of 38.70% in 2024.
• The Asia-Pacific has captured revenue share of 29.30% in 2024.
• By technology, the crystalline silicon segment has captured revenue share of 70.60% in 2024.
• By application, the roof segment has generated revenue share of 67% in 2024.
• By end user, the residential segment has held revenue share of 34.60% in 2024.

Building Integrated Photovoltaics (BIPV) Market Growth Factors

• Growing Demand for Energy Sustainability: Many countries are shifting to solar energy for environmental reasons. Planning for infrastructure, healthcare, food security, and resource management is crucial to support a growing global population and evolving community needs. Fossil fuels, which have historically met the bulk of the world's energy demands, cause several environmental issues, including climate change, when combusted. This situation has escalated the urgency for nations and enterprises to move towards sustainable energy options.
• Quick Growth in Solar Photovoltaic (PV) Installation Capacity: The rapid expansion of solar photovoltaic (PV) installation capacity in various countries is a significant growth driver in the global building-integrated photovoltaics (BIPV) market. As nations prioritise renewable energy sources and seek to minimise carbon emissions, the incorporation of solar PV systems into buildings has gained popularity. In addition to providing clean energy, BIPV may be used as an architectural feature. This expanding tendency has increased demand for BIPV solutions including solar roof tiles and facades, resulting in worldwide market development.
• Increase in Prefabricated Photovoltaic Elements: Manufacturing PV modules off-site for integration into construction materials. This method offers benefits such as streamlining construction processes, reducing labor costs and setup time. Integrating solar cells during construction allows for efficient and unique installations, minimizing delays. The popularity of prefabricated photovoltaic components is meeting the demand for visually appealing architectural solutions, making BIPV systems more attractive to architects for their versatility.

Building Integrated Photovoltaics (BIPV) Market Trends

• Growing Use of Green Construction Techniques: BIPV is one of the renewable energy systems that may be integrated with green building certifications such as Leadership in Energy and Environmental Design (LEED) and Building Research Establishment Environmental Assessment Method (BREEAM). These certifications are often sought for by developers who want to improve a building's marketability. Furthermore, many businesses are opting to go "green" in order to raise their image for corporate social responsibility as society knowledge and worries about climate change grow. The movement towards green buildings is driving up demand for building-integrated photovoltaics.
• Visually Appealing Energy Solutions: BIPV structures are made to mix in perfectly with the materials used in construction, offering a more complete and attractive choice. This ability to preserve architectural aesthetics while providing renewable energy solutions makes BIPV very attractive to architects, builders and property owners. As a result, more and more construction projects are opting for BIPV to meet both energy efficiency standards and design requirements, leading to a rise in adoption. The trend towards eco-friendly building methods and energy-efficient yet visually appealing buildings in residential and industrial sectors is gaining traction.
• Increasing Attention on Sustainability: With changing weather, air pollution, and the sustainability of traditional energy supplies, there is a pressing demand for air purifiers and more sustainable power options. Buildings are responsible for a significant portion of the world's energy consumption, so improving their energy efficiency is crucial. BIPV refers to the integration of solar power generation systems directly into the architecture of buildings, replacing traditional building materials such as roofs, facades and windows with materials that generate solar energy.

Report Scope

Building Integrated Photovoltaics (BIPV) Market Dynamics

Drivers

Government Initiatives and Beneficial Laws

• Acknowledging the significance of renewable energy sources in addressing climate change, governments across the globe have enacted regulations to encourage their use. Tax incentives, feed-in tariffs, and subsidies are typical methods used to promote the adoption of renewable energy technologies, such as building-integrated photovoltaics (BIPV). Some governments are also mandating energy-efficient designs in new construction or renovations, which often include BIPV systems. These initiatives are driving the growth of the BIPV market.

Growing Urbanisation and Space Restrictions

• The need for effective, compact energy solutions is rising as cities and people rise. With BIPV systems, solar panels are integrated directly into the building structure, maximizing available space and eliminating the need for extra land that standard solar farms require. In densely populated urban areas, integrating solar directly into the building architecture enables renewable energy production without compromising the aesthetic appeal of the cityscape. This is critical in areas where traditional solar panels may not be practical due to visual or spatial constraints.

Restraints

High Initial Costs of BIPV Systems

• Integrating solar panels into the building envelope in new construction or renovations requires upfront investment. Installing roof tiles or glass panels that both generate renewable energy and are part of the building structure increases costs. While BIPV offers long-term savings through electricity cost reductions and government incentives offset some of the costs, the high capital expenditure remains a major obstacle to widespread adoption, especially in price-sensitive markets.

Adapting to Codes and Standards

• Because BIPV modules serve a dual purpose, they must comply with the codes and standards of two different industries (PV and construction). Currently, PV modules (including BIPV) are subject to qualification and design standards developed by the International Electrotechnical Commission and the Underwriters Laboratory. For example, the International Code Council, whose comprehensive international building codes have been adopted by all 50 states and Washington, D.C., has established criteria for BIPV as a roofing material that dictates its performance in terms of stability, wind resistance, durability and fire safety. BIPV has a difficult position in both the photovoltaic and construction industries because there is no integrated set of standards and regulations that finds a middle ground.

Opportunities

Government Incentives and Subsidies for Solar Energy Use

• Most governments worldwide recognize the strategic and environmental importance of replacing fossil fuels with renewable sources such as solar and wind in the long term. However, setting up large solar projects is costly due to high installation and acquisition costs. To encourage the use of solar energy among building owners and overcome the high upfront costs, many administrations offer important subsidies and tax incentives. These measures have played a key role in promoting the global solar photovoltaic market over the last decade. Governments provide alluring incentive schemes for building-integrated photovoltaic systems in an effort to promote further use of this cutting-edge technology. Newly built structures that incorporate BIPV technologies into their architecture can qualify for more subsidies than those for rooftop solar. This helps reduce the price difference between normal construction and installing BIPV systems for building owners.

Technological Advances in Solar Cell Efficiency

• The global building-integrated photovoltaics market may experience growth opportunities due to continuous technological advances that can improve solar cell efficiency and performance. Greater energy output per unit area is closely linked to enhanced efficiency in photovoltaic materials and components found in BIPV modules. Consequently, the overall worth for building owners increases. Future efficiency levels are expected to grow significantly due to continued research into organic and perovskite cells, multifunctional cells, and advanced thin-film technologies. Furthermore, advancements are taking place in cell interconnection designs, light-harvesting techniques, and nanoparticle compositions.

Challenges

Performance Challenges

• BIPV modules may experience higher operating temperatures because, unlike rack-mounted PV modules, they sit flush with the building surface and do not allow airflow between the module and the support structure. Higher temperatures can damage the module's semiconductor material, which can reduce conversion efficiency more quickly and lead to early failure. BIPV modules typically contain less semiconductor material than conventional PV modules. A BIPV system will likely generate less power than a flat panel system of the same size. And while BIPV can increase the area of a building suitable for PV (i.e., more than just the roof is suitable for installation), the suboptimal angle of radiation on these non-horizontal surfaces combined with the obstructions posed by surrounding buildings result in lower yields when installing more modules.

Market Constraints

• BIPV manufacturers' products vary depending on the type of facade (e.g., roof shingles, windows, and awnings). This emphasis on custom design segments the BIPV market and, in turn, hinders the technology's path to scalability. The fact that BIPV is not competitive in the large-scale ground-mounted space (in other words, it is limited to residential and commercial building applications) further hinders its scalability.

Building Integrated Photovoltaics (BIPV) Market Segmental Analysis

The BIPV market is segmented into technology, application, end user and region. Based on technology, the market is classified into crystalline silicon (c-Si), thin-film, and others. Based on application, the market is classified into roofing, facades/wall, window, and others. Based on end-user, the market is classified into residential, commercial, industrial, and utility.

Technology Analysis

Crystalline Silicon (C-Si): The crystalline silicon segment has dominated the market in 2024. Crystalline silicon cells can be integrated into building roofs using smart mounting systems that replace the roof panels while maintaining their integrity. This type of integration does not require large investments and offers high efficiency. In addition, anti-reflective coatings are used in the market that aid in the absorption of solar energy and offer superior efficiency. Crystalline silicon currently has the highest energy conversion efficiency; commercial modules typically convert 13 to 21% of the incoming sunlight into electricity.

Thin-Film: Thin film BIPVs are popular when the building has significant weight constraints. In such cases, the building envelope cannot support the weight of crystalline silicon integration, leading to high demand for thin film integration installations. CdTe, amorphous silicon (a-Si), and copper indium gallium diselenide (CIGS) are a few examples of these technologies. These are flexible and lightweight, making them suitable for building facades and other surfaces where traditional panels may not be practical. The thin films perform well even in low light conditions, but typically have lower efficiency compared to crystalline silicon.

Others: The others section covers dye-sensitized solar cells (DSSC), perovskite solar cells, and organic photovoltaics (OPV). Organic photovoltaics' higher energy band gap is anticipated to stimulate demand. Organic PVs' efficiency has significantly increased as a result of quick technical advancements. OPVs are a newer and still developing technology. They are lightweight, flexible, and transparent, making them extremely attractive for innovative BIPV designs such as windows and facades. They are still less efficient than silicon-based solar cells, but ongoing research is improving their performance. The DSSC is a new type of solar cell that requires less energy-intensive materials to produce and, due to its simplicity, can be less expensive to produce. These cells consist of three basic parts: the transparent conducting oxide electrode (TCO) on the front, an internal electrolyte solution, and a counter electrode on the back. Perovskites are still in development but could play an important role in the future of BIPV.

Application Analysis

Roofing: The roofing segment has dominated the BIPV market in 2024. Photovoltaic systems integrated into building roofs are known for their efficiency due to the improved light penetration onto the roof surface. Solar cells are integrated into the roofing material, replacing traditional roofing materials such as tiles, shingles or sheets. Ideal for residential, commercial and industrial buildings. Demand for roofs integrated into buildings is expected to increase during the forecast period due to the development of higher quality products.

Facades/Wall: Photovoltaic modules are integrated into the building's external facades or walls, which are often visible and add aesthetic value to the structure. Suitable for both residential and commercial buildings, especially high-rise buildings where vertical integration is important. BIPV facades are enjoying high demand, especially in developed economies with a well-established power distribution system. Demand for the integration of photovoltaics into facades is driven by their increasing installation in the commercial sector. Glass integrations are expected to grow due to the high transparency of integrated systems coupled with the superior integration of glass and BIPV cells.

Building Integrated Photovoltaics Market Revenue Share, By Application, 2024 (%)

Window: Transparent or semi-transparent photovoltaic materials are used in windows, allowing buildings to generate energy while retaining natural light. Particularly useful for office buildings, skyscrapers and other buildings with large glass surfaces. BIPV windows integrate solar cells into the window glazing and not only retain the functionality of traditional windows, but also provide other benefits such as power generation and thermal insulation. BIPV windows are divided into single-glazed BIPV windows, double-glazed BIPV windows with/without ventilation and vacuum BIPV windows depending on the configuration of the glazing.

Others: Others include balconies and sunshades, carports, awnings and skylights. Photovoltaic materials can also be integrated into balcony railings, sunshades or even pergolas, providing energy and providing additional architectural benefits. Solar shading systems are key elements in an architectural standard that is increasingly glazed and transparent while minimizing cooling loads. Various BIPV sunshade systems offer a complement to the shading effects of solar glass or overhead glazing. As versatile elements in skylight constructions, BIPV modules enable the realization of solar architectural solutions with a wide range of design options both indoors and outdoors. They can take on the functions of thermal insulation, sun, glare and weather protection for the building and also enable the targeted use of natural light.

End-User Analysis

Residential: The residential segment has dominated the market in 2024. The demand for building-integrated photovoltaics in residential sector is expected to increase during the forecast period due to increasing consumer awareness regarding the use of renewable energy sources for electricity generation. The demand for building-integrated photovoltaics for residential buildings is expected to be driven by favourable policies from various authorities and high subsidies and other financial benefits from national governments. The growing use of integrated solutions in German and French homes is anticipated to fuel product demand throughout the course of the projection period.

Commercial: Commercial buildings often have bigger roof surfaces and facades than residential buildings, which allows for the installation of building-integrated solar systems. These buildings also have higher energy consumption during the day, which is associated with the electricity generation from building-integrated photovoltaic systems. The demand for building-integrated photovoltaics in commercial buildings is expected to be driven by the growing number of retrofit projects using these systems. The high emphasis on the aesthetic appeal of solar energy-using systems, especially in commercial buildings, is expected to drive the product demand in this sector.

Industrial: Companies in developed countries in Europe are increasingly integrating BIPV systems as they improve the aesthetics of buildings while harnessing solar energy. The growing number of modified projects that employ building-integrated solar systems is driving demand in the commercial sector. The visual appeal of solar energy systems is valued by commercial organisations, which increases patronage of BIPV in this industry.

Building Integrated Photovoltaics (BIPV) Market Regional Analysis

The BIPV market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America building-integrated photovoltaics (BIPV) market hit significant growth

The North America building-integrated photovoltaics (BIPV) market size was valued at USD 6.69 billion in 2024 and is projected to surpass approximately USD 31.06 billion by 2034. The expansion of the market in North America can be linked to elements such as significant government incentives aimed at enhancing the adoption of renewable energy, an increasing focus on energy-efficient construction practices, and heightened awareness of sustainability among consumers and businesses. The region's sophisticated technological environment is fostering innovation in BIPV solutions and enhancing their assimilation into contemporary architectural designs. Major participants in the market are making considerable investments in research and development to produce visually appealing and highly efficient BIPV products, which is additionally propelling market growth. A rise in residential and commercial construction activities, along with a growing inclination towards green buildings, is driving strong demand for BIPV systems in North America. As states and local governments enforce stricter energy regulations, the market is poised for further growth, establishing North America as a crucial contributor in the global shift towards sustainable energy solutions.

Why is Europe recorded highest share in the building-integrated photovoltaics (BIPV) market?

The Europe building-integrated photovoltaics (BIPV) market size was estimated at USD 11.56 billion in 2024 and is forecasted to reach around USD 53.65 billion by 2034. The European market is mainly influenced by a solid regulatory framework that endorses the utilization of renewable energy sources. Moreover, numerous European nations provide incentives like feed-in tariffs and tax credits to promote the adoption of renewable energy. Furthermore, Europe leads the battle against climate change and has pledged to a substantial decrease in greenhouse gases as part of the Paris Agreement (2015). This pledge has resulted in a vigorous encouragement of renewable energy sources, which includes BIPV. Additionally, Europe hosts several significant participants in the BIPV market who are advancing technological innovation in this sector. The existence of these companies, along with their strong research and development (RandD) capabilities, is propelling the BIPV market in the area.

• The Germany building-integrated photovoltaics market has generated revenue share of 43% in 2024.
• The France building-integrated photovoltaics market is expected to grow at a significant CAGR over the forecast period.

What factors are driving the fastest growing of Asia-Pacific region in the BIPV market?

The Asia-Pacific building-integrated photovoltaics (BIPV) market size was accounted for USD 8.75 billion in 2024 and is anticipated to hit around USD 40.62 billion by 2034. The Asia Pacific is the fastest growing market for building-integrated photovoltaics due to huge demand from China and Japan. In China, with its large construction sector and rapid urbanization, BIPV is actively used in infrastructure projects such as highways, airports and railway stations. Government subsidies, such removing permission costs for solar-powered building projects, have boosted uptake. Japan has been one of the biggest users of BIPV, using it widely in workplaces and on roofs in homes. This is a result of the nation's emphasis on renewable energy in the wake of the Fukushima accident. Furthermore, the existence of significant solar module producers in the area, such Trina Solar and JinkoSolar, has been crucial in growing the Asia Pacific industry by supplying cutting-edge products at reasonable prices.

• The China building-integrated photovoltaics market has generated revenue share of 31% in 2024.
• The Japan building-integrated photovoltaics market is expected to grow at the rapid pace over the forecast period.

Building Integrated Photovoltaics Market Revenue Share, By Region, 2024 (%)

LAMEA BIPV Market Trends

The LAMEA BIPV market was valued at USD 2.06 billion in 2024 and is anticipated to grow to around USD 9.57 billion by 2034. The demand for BIPV systems in the LAMEA region is expected to grow due to their application in the industrial and commercial sectors. Moreover, the market has high potential especially in Brazil and Argentina due to increasing installation of solar energy harvesting systems. The demand for BIPV in the MEA region is expected to grow due to the growing market and high usage of renewable energy sources. The market is expected to grow due to the increasing affinity of consumers and large corporates towards adopting BIPVs to reduce their dependence on non-renewable energy sources. The adoption of BIPV in buildings is likely to emerge as a major trend in the region, supported by government intervention. Moreover, the residential segment is expected to account for a limited market share due to the presence of low and middle income consumers in the region.

Building Integrated Photovoltaics (BIPV) Market Top Companies

• First Solar
• Tesla
• SunPower
• Sika AG
• SolteQ
• BASF
• Onyx Solar
• Dow Solar
• Hanergy
• Solar Frontier
• AGC Inc.
• Saint-Gobain
• Suntech Power
• Trina Solar
• REC Group
• Kyocera Corporation
• Veka AG
• Schott AG
• Velux
• BIPVco
• CIGS Solar
• Risen Energy
• JA Solar
• Canadian Solar
• Powerhouse Energy

Key participants in the worldwide BIPV market are consistently innovating to enhance the energy conversion efficiency of their photovoltaic materials. They have also concentrated on making photovoltaic materials more aesthetically appealing and versatile, such as photovoltaic glass that can be tailored regarding transparency, colour, and size. Since thin-film solar cells are lighter, more affordable, and more adaptable than conventional silicon cells, companies in the market are also producing them. Several major players provide complete BIPV solutions that can be effortlessly integrated into particular sections of a building. They have also created software systems to optimize the production, storage, and utilization of solar energy. These systems can track energy production in real-time, forecast future production based on weather predictions, and oversee energy storage and distribution to enhance efficiency. Solar Frontier and LONGi partnered in October 2023 to boost Japan's BIPV market. Sphelar Power Corporation created the JIS in March 2023 to assess spherical solar cell power output, expected to increase spherical cell use in commercial products.

Recent Developments

• In May 2024, Jindal Steel & Power Ltd commissioned a 3. 25 MWp building-integrated solar project on a 200,000 square foot area. Developed by SG Ornate Solar Solutions, the project is estimated to produce over 100 million units of electricity and reduce 4,500 tons of CO2 emissions annually. This initiative contributes towards sustainability and renewable energy goals.
• In March 2024, Fraunhofer ISE and its partners announced the development of a standardized BIPV facade solution to simplify the use of facades for photovoltaics.
• In February 2024, scientists in the Middle East simulated the use of various BIPV systems on Dubai's high-rise buildings. They found that BIPV could be superior to rooftop power generation for buildings with more than seven stories. The main simulation conditions assumed were occupancy density of 0.2 persons/m2, sensible heat of 65 W/person and latent heat of 54 W/person. These panels in Dubai are efficient with lower electricity costs.
• Arctech has partnered with Alpon Energy to expand its BIPV product offerings in Turkey starting in January 2024.

Market Segmentation

By Technology

• Crystalline Silicon (c-Si)
  
  • Monocrystalline
  • Polycrystalline
• Thin-Film
  
  • Thin-Film A-SI PV Panel
  • Thin-Film CDTE PV Panel
  • Thin-Film CIGS PV Panel
  • Concentrated PV Panel
• Others

By Application 

• Roofing
  
  • Tiles
  • Shingles
  • Skylights
  • Laminates
  • Metal Seam
• Facades/Wall
• Window
• Others

By End-User 

• Residential
• Commercial
• Industrial
• Utility

By Region

• North America
• Europe
• APAC
• LAMEA