China Building-integrated Photovoltaics Market Size & Outlook

The building-integrated photovoltaics market in China is expected to reach a projected revenue of US$ 11,865.7 million by 2030. A compound annual growth rate of 24.2% is expected of China building-integrated photovoltaics market from 2024 to 2030.

Revenue, 2023 (US$M)
$2,595.5
Forecast, 2030 (US$M)
$11,865.7
CAGR, 2024 - 2030
24.2%
Report Coverage
China

China building-integrated photovoltaics market highlights

  • The China building-integrated photovoltaics market generated a revenue of USD 2,595.5 million in 2023 and is expected to reach USD 11,865.7 million by 2030.
  • The China market is expected to grow at a CAGR of 24.2% from 2024 to 2030.
  • In terms of segment, c-si was the largest revenue generating technology in 2023.
  • Thin Film is the most lucrative technology segment registering the fastest growth during the forecast period.


Building-integrated photovoltaics market data book summary

Market revenue in 2023USD 2,595.5 million
Market revenue in 2030USD 11,865.7 million
Growth rate24.2% (CAGR from 2023 to 2030)
Largest segmentC-si
Fastest growing segmentThin Film
Historical data2019 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationC-Si, Thin Film
Key market players worldwideAGC Inc, Nippon Steel Corp, Solaria Energia y Medio Ambiente SA, Eltek Ltd


Other key industry trends

  • In terms of revenue, China accounted for 11.0% of the global building-integrated photovoltaics market in 2023.
  • Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China building-integrated photovoltaics market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,865.7 million by 2030.

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Building-integrated Photovoltaics Market Scope

Building-integrated Photovoltaics Market Companies

Name Profile # Employees HQ Website

China building-integrated photovoltaics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to building-integrated photovoltaics market will help companies and investors design strategic landscapes.


C-si was the largest segment with a revenue share of 71.5% in 2023. Horizon Databook has segmented the China building-integrated photovoltaics market based on c-si, thin film covering the revenue growth of each sub-segment from 2019 to 2030.


China is expected to emerge as one of the lucrative markets for building-integrated photovoltaic solutions. The Chinese government has shown affinity toward the adoption of PV and BIPV solutions and invited applications from its regional government under the Golden Sun program to provide a boost to their growth.


Under the program, crystalline silicon PV modules and amorphous silicon thin-film modules are required to display minimum conversion efficiency rates of 15% and 8% respectively. The high demand for these installations in the economy and rising efforts by the government to promote their use are likely to drive the market over the forecast period.


In August 2022, with its 120 MW multi roof solar plant, China breaks the building-integrated photovoltaic (BIPV) record. The 120 MW solar installation is spread across 11 rooftops and now is one of the world’s largest single-capacity, BIPV project.

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  • Our clientele includes a mix of building-integrated photovoltaics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China building-integrated photovoltaics market , including forecasts for subscribers. This country databook contains high-level insights into China building-integrated photovoltaics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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China building integrated photovoltaics market size, by technology, 2019-2030 (US$M)

China Building-integrated Photovoltaics Market Outlook Share, 2023 & 2030 (US$M)

China building integrated photovoltaics market size, by technology, 2019-2030 (US$M)

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