China Building-integrated Photovoltaics Market Size & Outlook
China building-integrated photovoltaics market, 2018-2030 (US$M)
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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 2023 | USD 2,595.5 million |
| Market revenue in 2030 | USD 11,865.7 million |
| Growth rate | 24.2% (CAGR from 2023 to 2030) |
| Largest segment | C-si |
| Fastest growing segment | Thin Film |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | C-Si, Thin Film |
| Key market players worldwide | AGC 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 |
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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 2018 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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Target buyers of China building-integrated photovoltaics market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China building-integrated photovoltaics market size, by application, 2018-2030 (US$M)
China Building-integrated Photovoltaics Market Outlook Share, 2023 & 2030 (US$M)
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