Europe Building-integrated Photovoltaics Market Size & Outlook
Europe building-integrated photovoltaics market, 2019-2030 (US$M)
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Europe building-integrated photovoltaics market highlights
- The Europe building-integrated photovoltaics market generated a revenue of USD 8,791.0 million in 2023.
- The market is expected to grow at a CAGR of 20.7% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 8,791.0 million |
| Market revenue in 2030 | USD 32,781.0 million |
| Growth rate | 20.7% (CAGR from 2023 to 2030) |
| Largest segment | C-si |
| Fastest growing segment | Thin Film |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 37.1% of the global building-integrated photovoltaics market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,910.6 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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Europe 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 67.38% in 2023. Horizon Databook has segmented the Europe building-integrated photovoltaics market based on c-si, thin film covering the revenue growth of each sub-segment from 2019 to 2030.
Favorable outlook toward renewable energy coupled with consumer awareness for the same in European countries is likely to drive the market for BIPV over the forecast period. Germany and Italy are increasingly emphasizing the use of solar energy, which is expected to translate into higher adoption of BIPV, thus promoting industry growth over the forecast period.
In addition, the region witnessed introduction of multiple regulations such as Renewable Energy Directive 2009/28/EC, National Renewable Energy Action Plan (NREAP), Solar Europe Initiative, and Energy Performance of Buildings Directive (EPBD) coupled with advanced products in a bid to attract consumers toward building-integrated photovoltaic Rising population is a major factor influencing the power generation market in the region which has eventually influence BIPV market.
The demand for facade-integrated photovoltaics in the region is anticipated to grow owing to their superior aesthetic appeal. Furthermore, initiatives such as Green Building, which aims to enhance the energy efficiency of non-residential buildings in Europe, are expected to propel growth.
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Target buyers of Europe 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe building-integrated photovoltaics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe building-integrated photovoltaics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe building integrated photovoltaics market size, by country, 2019-2030 (US$M)
Europe Building-integrated Photovoltaics Market Outlook Share, 2023 & 2030 (US$M)
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