Global Building Integrated Photovoltaics Market Size, Share and Future Trends Analysis Report By Technology (Crystalline Silicon, Thin Film), By Application (Roofing, Facades, Externally Integrated Systems), By End-use (Commercial, Industrial, Residential, Utility) , By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2025-2034

Report Overview

The Global Building Integrated Photovoltaics Market size is expected to be worth around USD 101.4 Billion  by 2034, from USD 22.6 Billion in 2024, growing at a CAGR of 16.2% during the forecast period from 2025 to 2034.

Building-Integrated Photovoltaics (BIPV) represent a transformative approach to sustainable architecture, wherein photovoltaic materials are seamlessly integrated into building components such as facades, roofs, and windows. This integration not only facilitates on-site renewable energy generation but also enhances the aesthetic and functional aspects of structures. The global emphasis on reducing carbon emissions and the pursuit of energy-efficient solutions have positioned BIPV as a pivotal element in contemporary construction practices.

Government initiatives worldwide have been instrumental in propelling the BIPV market. In the European Union, the REPowerEU plan aims to achieve over 320 GW of solar photovoltaic capacity by 2025 and nearly 600 GW by 2030. This strategy encompasses the European Solar Rooftops Initiative, which promotes solar installations on buildings, thereby directly influencing the BIPV sector. Germany, as a case in point, witnessed a 35% increase in solar power installations in the first four months of 2024, driven by legislative actions to boost solar adoption in response to energy security concerns.

India’s solar potential is immense, with estimates suggesting a capacity of approximately 748 GW, assuming only 3% of the wasteland area is utilized for solar PV modules. As of April 2025, the country’s solar power installed capacity stood at 107.94 GW. The integration of BIPV systems can significantly contribute to achieving the national target of 500 GW of renewable energy capacity by 2030.

The building sector’s energy consumption is significant, with projections indicating it will account for over 38% of electricity demand by 2047. Integrating BIPV systems can substantially mitigate this demand, contributing to India’s goal of reducing emissions intensity by 45% by 2030, as committed under the Paris Agreement. Moreover, the Energy Conservation and Sustainable Building Code 2022 emphasizes energy efficiency and renewable energy integration, further promoting BIPV adoption.

Key Takeaways

• Building Integrated Photovoltaics Market size is expected to be worth around USD 101.4 Billion  by 2034, from USD 22.6 Billion in 2024, growing at a CAGR of 16.2%.
• Crystalline Silicon held a dominant market position, capturing more than a 58.4% share of the global Building Integrated Photovoltaics (BIPV) market.
• Roofing held a dominant market position in the Building Integrated Photovoltaics (BIPV) market, capturing more than a 68.1% share.
• Commercial held a dominant market position in the Building Integrated Photovoltaics (BIPV) market, capturing more than a 48.6% share.
• Europe emerged as the dominant region in the global Building Integrated Photovoltaics (BIPV) market, capturing 43.5% of the total market share, equivalent to approximately USD 9.8 billion.

By Technology

Crystalline Silicon dominates with 58.4% share in 2024, driven by efficiency and cost advantages.

In 2024, Crystalline Silicon held a dominant market position, capturing more than a 58.4% share of the global Building Integrated Photovoltaics (BIPV) market. This technology continues to be the preferred choice for integrated solar applications due to its high energy conversion efficiency, long-term performance reliability, and affordability. Crystalline silicon modules, available in both monocrystalline and polycrystalline forms, are widely used in rooftops, facades, and skylights across commercial and residential buildings.

The relatively lower installation cost and longer service life of crystalline silicon panels have made them the go-to option for large-scale BIPV projects. In 2025, this segment is expected to maintain its lead, bolstered by increased government support for green construction and net-zero building mandates across Europe and parts of North America. With continuous improvements in cell design and material efficiency, crystalline silicon remains the backbone of the BIPV market, offering a proven and scalable solution for sustainable urban development.

By Application

Roofing leads the BIPV market with 68.1% share in 2024, thanks to its dual function in energy and structural use.

In 2024, Roofing held a dominant market position in the Building Integrated Photovoltaics (BIPV) market, capturing more than a 68.1% share. This high adoption rate is primarily due to the seamless integration of solar technologies into building rooftops, allowing for both energy generation and protection against environmental elements. Roofing applications offer an efficient way to incorporate photovoltaics into new constructions and retrofits without compromising architectural design or structural integrity. Particularly in urban areas with limited ground space, solar roofing provides an optimal solution for maximizing clean energy output.

The popularity of BIPV roofing is further strengthened by national building codes and energy mandates in regions such as Europe and North America that encourage or require the use of renewable energy technologies in construction. In 2025, the segment is expected to continue leading the market as roofing remains the most practical and cost-effective area for BIPV deployment. With continuous advancements in solar shingles and aesthetic panel designs, roofing is not only a performance-driven segment but also increasingly favored by architects for its sleek, integrated appearance.

By End-use

Commercial buildings lead BIPV market with 48.6% share in 2024, driven by energy savings and green building goals.

In 2024, Commercial held a dominant market position in the Building Integrated Photovoltaics (BIPV) market, capturing more than a 48.6% share. This strong presence is largely due to the rising demand for sustainable and energy-efficient infrastructure in the commercial sector, including office buildings, retail complexes, educational institutions, and healthcare facilities. BIPV systems offer commercial property owners the advantage of reducing long-term energy costs while meeting growing regulatory requirements for carbon neutrality and energy performance certifications. Many commercial buildings have large surface areas—particularly rooftops and facades—that are well-suited for photovoltaic integration, making them ideal for installing high-capacity BIPV solutions.

Additionally, government incentives for solar adoption, including tax credits and green building subsidies, are heavily targeted toward non-residential developments, further boosting BIPV installations. In 2025, the commercial segment is expected to continue its leadership as more businesses pursue ESG (Environmental, Social, and Governance) goals and prioritize energy independence and cost savings through on-site renewable energy generation.

Key Market Segments

By Technology

• Crystalline Silicon
  • Monocrystalline
  • Polycrystalline
• Thin Film
  • Thin Film A-Si PV Panel
  • Thin Film CDTE PV Panel
  • Thin Film CIGS PV Panel
  • Concentrated PV Panels

By Application

• Roofing
  • Tiles
  • Shingles
  • Skylights
  • Laminates
  • Metal Seam
• Facades
  • Windows
  • Curtain walls
  • Awnings
  • Others
• Externally Integrated Systems
  • Shading
  • Balustrades
  • Canopy
  • Others

By End-use

• Commercial
• Industrial
• Residential
• Utility

Drivers

Government Incentives Fueling the Growth of Building Integrated Photovoltaics (BIPV)

One of the primary drivers propelling the Building Integrated Photovoltaics (BIPV) market is the robust support from governments worldwide through incentives and policy frameworks aimed at promoting renewable energy adoption. These initiatives are instrumental in accelerating the integration of photovoltaic systems into building structures, thereby enhancing energy efficiency and reducing carbon footprints.

In Europe, the European Union has implemented comprehensive directives that provide financial incentives and subsidies for photovoltaic integration. Countries like Germany, France, and Italy have adopted feed-in tariffs and tax benefits to encourage the deployment of BIPV systems. For instance, Germany’s Renewable Energy Sources Act (EEG) has been pivotal in promoting solar energy by guaranteeing fixed remuneration for solar electricity fed into the grid, thus offering planning security for investors in PV systems.

Similarly, in Asia, governments are actively fostering the growth of BIPV. India, for example, has set an ambitious target of achieving 500 GW of renewable energy capacity by 2030, with solar power constituting a significant portion. The Indian government provides subsidies for rooftop solar installations and has established nearly 70 solar parks to facilitate large-scale solar projects.

These government initiatives not only make BIPV systems financially attractive but also align with global efforts to combat climate change. By integrating solar energy solutions into building designs, BIPV contributes to the creation of zero-emission buildings and supports the transition towards sustainable urban development.

Restraints

High Initial Costs Pose a Significant Barrier to BIPV Adoption

One of the primary challenges hindering the widespread adoption of Building Integrated Photovoltaics (BIPV) is the substantial upfront investment required for installation and integration. Unlike traditional photovoltaic systems, BIPV entails embedding solar modules directly into building materials such as roofs, facades, and windows. This integration demands specialized design, materials, and labor, leading to higher initial costs compared to conventional building materials and standalone solar panels.

For instance, the U.S. Department of Energy highlights that the lack of tax credits or other incentives exacerbates the high costs and extended payback periods associated with BIPV systems, making it challenging to justify their inclusion in new or existing structures . Additionally, the National Renewable Energy Laboratory (NREL) reports that, as of 2021, the average installed price of a residential BIPV system was approximately $5.02 per watt, compared to $3.92 per watt for conventional rooftop PV systems .

The complexity of BIPV installations further contributes to the high costs. Integrating photovoltaic elements into building envelopes requires meticulous planning and coordination among architects, engineers, and construction professionals. This complexity often leads to increased labor costs and longer project timelines. Moreover, the customization required for each BIPV project limits the potential for economies of scale, keeping manufacturing and installation costs elevated.

Opportunity

Smart Cities and Zero-Energy Buildings: A Major Growth Opportunity for BIPV

One of the most promising growth areas for the Building Integrated Photovoltaics (BIPV) market lies in the global push towards smart cities and zero-energy buildings (ZEBs). As urban centers aim for sustainability, integrating solar technologies directly into building materials becomes increasingly attractive.

Governments worldwide are setting ambitious targets. For instance, South Korea mandates that all public buildings achieve ZEB grade 3 (60–80% energy independence) by 2030, with private buildings following suit. This policy shift underscores the importance of BIPV in achieving energy efficiency goals.

Similarly, India’s commitment to 500 GW of renewable energy capacity by 2030, with a significant portion from solar, highlights the potential for BIPV in the region. The country’s establishment of nearly 70 solar parks facilitates large-scale solar projects, paving the way for BIPV integration in new constructions.

Trends

Emerging Trend: Transparent Solar Glass and Flexible BIPV Materials

A notable trend in the Building Integrated Photovoltaics (BIPV) market is the increasing adoption of transparent solar glass and flexible photovoltaic materials. These innovations are transforming how solar energy is harnessed, allowing for seamless integration into building designs without compromising aesthetics.

Transparent solar glass, which can be used in windows and facades, enables buildings to generate electricity while maintaining natural light and visibility. This technology is particularly appealing for urban architecture, where space is limited, and design considerations are paramount. Flexible BIPV materials, such as thin-film solar panels, offer versatility in application, conforming to various building shapes and surfaces. These materials are lightweight and can be integrated into roofing membranes, facades, and even shading elements.

Government initiatives are also playing a crucial role in promoting these technologies. For instance, the European Union’s REPowerEU plan aims to increase solar photovoltaic capacity to over 320 GW by 2025 and nearly 600 GW by 2030. This includes the European Solar Rooftops Initiative, which encourages the installation of solar panels on buildings, further supporting the adoption of BIPV systems.

Regional Analysis

Europe Leads the BIPV Market with 43.5% Share in 2024, Valued at $9.8 Billion

In 2024, Europe emerged as the dominant region in the global Building Integrated Photovoltaics (BIPV) market, capturing 43.5% of the total market share, equivalent to approximately USD 9.8 billion. This leadership is driven by a combination of stringent environmental regulations, supportive government policies, and a strong commitment to renewable energy adoption across the continent.

The European Green Deal, aiming for climate neutrality by 2050, has been instrumental in promoting energy-efficient building practices. Initiatives such as the European Solar Rooftops Initiative encourage the integration of solar technologies into building designs, further propelling the BIPV market. Countries like Germany, France, Italy, and Spain have implemented feed-in tariffs and subsidies to incentivize the adoption of BIPV systems, making them more economically attractive for developers and building owners.

Key Regions and Countries

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of MEA

Key Players Analysis

SolarWindow Technologies, Inc. is pioneering the development of electricity-generating transparent windows, targeting the vast market of over 85 million commercial and residential buildings in the U.S. Their innovative technology transforms ordinary glass into energy-producing surfaces, offering a sustainable solution for urban structures. By integrating photovoltaic capabilities into windows, SolarWindow aims to revolutionize building design, contributing to energy efficiency and reduced carbon footprints in densely populated areas.

AGC Inc., a global leader in glass manufacturing, has introduced SUNJOULE®, a Building Integrated Photovoltaic (BIPV) glass solution. This product seamlessly combines architectural aesthetics with solar energy generation, as demonstrated by its installation at the Shizuoka Station North Exit Square in Japan. The SUNJOULE® system not only enhances building design but also contributes to renewable energy production, aligning with sustainable development goals.

Hanergy Mobile Energy Holding Group Limited specializes in thin-film solar technologies, offering products like HanTile and HanWall for BIPV applications. Their solutions integrate solar power generation into building materials, enabling structures to produce clean energy. Hanergy’s global presence and commitment to innovation position them as a key player in promoting sustainable architecture and reducing reliance on traditional energy sources.

Top Key Players in the Market

• SolarWindow Technologies, Inc.
• AGC Inc.
• Hanergy Mobile Energy Holding Group Limited
• The Solaria Corporation
• Heliatek GmbH,
• Carmanah Technologies Corp.
• Greatcell
• Tesla
• BELECTRIC
• ertex solartechnik GmbH

Recent Developments

In 2024, Heliatek reported an estimated annual revenue of approximately $75 million, reflecting significant growth driven by increased demand for innovative BIPV solutions.

In 2024 Solaria’s EBITDA at €201.3 million, reflecting a stable performance despite challenges such as the reintroduction of Spain’s IVPEE tax, which impacted operating expenses by increasing them by 60%.

Report Scope