Global market value of building integrated photovoltaics 2022-2032, by region

The global building integrated photovoltaics market reached a value of roughly 10.8 billion U.S. dollars in 2022. Europe was the region with the largest share of the market, with a value of more than four billion U.S. dollars that year. North America and Asia Pacific followed, each with a market value of roughly 2.8 billion U.S. dollars. The building integrated photovoltaics market is expected to experience a steep growth in the next years.

Building integrated photovoltaics are materials that perform traditional functions in buildings and generate electricity from the sun. They can replace traditional construction materials such as roofs, facades, and skylights. This multifunctionality offers great potential for the implementation of solar PV in buildings.