U.S. Building-integrated Photovoltaics Market Size & Outlook
U.S. building-integrated photovoltaics market, 2019-2030 (US$M)
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U.S. building-integrated photovoltaics market highlights
- The U.S. building-integrated photovoltaics market generated a revenue of USD 3,401.8 million in 2023 and is expected to reach USD 14,754.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 23.3% 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 3,401.8 million |
| Market revenue in 2030 | USD 14,754.5 million |
| Growth rate | 23.3% (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, U.S. accounted for 14.4% 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 North America, U.S. building-integrated photovoltaics market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 14,754.5 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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U.S. 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% in 2023. Horizon Databook has segmented the U.S. building-integrated photovoltaics market based on c-si, thin film covering the revenue growth of each sub-segment from 2019 to 2030.
The BIPV market in the U.S. is expected to be driven by the high demand for these installations in the country’s residential sector. The presence of a consumer base with high disposable income levels and the increasing affinity toward integrated installations in residential and commercial buildings in the country are anticipated to boost the demand for the product over the forecast period.
In addition, the growing innovation in the domain is projected to increase the operational efficiency of the product, translating into market growth. The building-integrated photovoltaics market in the U.S. is likely to be driven by the growing demand for alternate sources of energy.
The demand for building-integrated photovoltaics is likely to be fueled by the high need for integrated roof systems in commercial and industrial establishments. Improvements in the manufacturing technology of thin film BIPV modules and the rising efficiency of the product are expected to drive the market over the forecast period.
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Target buyers of U.S. 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 U.S. building-integrated photovoltaics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. building-integrated photovoltaics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. building integrated photovoltaics market size, by technology, 2019-2030 (US$M)
U.S. Building-integrated Photovoltaics Market Outlook Share, 2023 & 2030 (US$M)
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