UK Building-integrated Photovoltaics Market Size & Outlook
UK building-integrated photovoltaics market, 2019-2030 (US$M)
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UK building-integrated photovoltaics market highlights
- The UK building-integrated photovoltaics market generated a revenue of USD 1,229.8 million in 2023 and is expected to reach USD 4,526.6 million by 2030.
- The UK market is expected to grow at a CAGR of 20.5% 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 1,229.8 million |
| Market revenue in 2030 | USD 4,526.6 million |
| Growth rate | 20.5% (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, UK accounted for 5.2% 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 Europe, Germany building-integrated photovoltaics market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 15,691.3 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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UK 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 71.11% in 2023. Horizon Databook has segmented the UK building-integrated photovoltaics market based on c-si, thin film covering the revenue growth of each sub-segment from 2019 to 2030.
The market for BIPV in the UK is relatively untapped, with only a limited number of consumers adopting the product. However, these consumers are highly conscious about the aesthetic appeal of buildings and therefore expected a seamless integration of panels into the building structure.
Availability of colored panels is an added advantage in terms of decision making which is expected to propel demand over the projected period. In addition, Tesla aims to penetrate the BIPV market in the UK by launching its Tesla solar roof, which is likely to encourage consumers to adopt the product owing to a recognized brand across the globe.
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Target buyers of UK 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 UK building-integrated photovoltaics market , including forecasts for subscribers. This country databook contains high-level insights into UK building-integrated photovoltaics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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UK building integrated photovoltaics market size, by technology, 2019-2030 (US$M)
UK Building-integrated Photovoltaics Market Outlook Share, 2023 & 2030 (US$M)
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