North America Building-integrated Photovoltaics Market Size & Outlook

The building-integrated photovoltaics market in North America is expected to reach a projected revenue of US$ 18,087.9 million by 2030. A compound annual growth rate of 23.4% is expected of North America building-integrated photovoltaics market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,152.1
Forecast, 2030 (US$M)
$18,087.9
CAGR, 2024 - 2030
23.4%
Report Coverage
North America

North America building-integrated photovoltaics market highlights

  • The North America building-integrated photovoltaics market generated a revenue of USD 6,708.7 million in 2023.
  • The market is expected to grow at a CAGR of 21.6% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 6,708.7 million
Market revenue in 2030USD 26,315.1 million
Growth rate21.6% (CAGR from 2023 to 2030)
Largest segmentC-si
Fastest growing segmentThin Film
Historical data covered2019 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, North America region accounted for 28.3% 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 segmentation & scope
Countries
UK
Russia
Poland
Hungary
Netherlands
Austria
Switzerland
Belgium
Denmark
Norway
Sweden
Spain
Portugal
Italy
Greece
Croatia
South Korea
Australia
Singapore
Malaysia
Thailand
Vietnam
Argentina
South Africa
Saudi Arabia
UAE

Building-integrated Photovoltaics Market Companies

Name Profile # Employees HQ Website

North America 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 69.35% in 2023. Horizon Databook has segmented the North America building-integrated photovoltaics market based on c-si, thin film covering the revenue growth of each sub-segment from 2018 to 2030.


The demand for building-integrated photovoltaics (BIPV) in the region is anticipated to grow on account of the rising adoption of aesthetically appealing solar energy-harnessing systems.

The market in North America is predicted to grow on account of the increasing adoption of integrated photovoltaics in industrial, commercial, and residential establishments.

The growing research and development of advanced solar cells and panels is expected to result in improved efficiency. This is likely to drive the market demand over the forecast period.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America building-integrated photovoltaics market , including forecasts for subscribers. This continent databook contains high-level insights into North America building-integrated photovoltaics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America building-integrated photovoltaics market size, by country, 2018-2030 (US$M)

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

North America building-integrated photovoltaics market size, by country, 2018-2030 (US$M)

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