BIPV market seen topping $68B by 2030 as Asia Pacific leads

The building-integrated photovoltaics market is projected to pass $68 billion by 2030, driven by green-building rules, government incentives and demand for on-site clean power. Asia Pacific and China are expected to lead growth, while Panasonic held the largest global sales share in 2025.

Why it matters: - Building-integrated photovoltaics, or BIPV, is moving from niche technology to a bigger part of renewable construction. - The market is forecast to top $68 billion by 2030, signaling more demand for solar materials built into roofs, facades and glass. - Growth in BIPV matters for developers, manufacturers and building owners trying to meet energy-efficiency and carbon-reduction targets.

What happened: - The Business Research Company published a new BIPV market report projecting 22% compound annual growth through 2030. - The report says the market will reach more than $68 billion by 2030. - BIPV is expected to account for about 15% of the broader solar photovoltaic panel market, which the report pegs at about $464 billion by 2030. - The segment is projected to represent close to 1% of the broader electrical and electronics industry, forecast at $5,579 billion by 2030. - Panasonic Corporation was the global BIPV sales leader in 2025 with a 4% share.

The details: - Polycrystalline photovoltaics are expected to remain the largest product segment in 2030, with 66% of the market, or $44 billion. - The report points to lower manufacturing costs, a strong price-to-performance balance and broad use across commercial, industrial and residential rooftops and facades. - BIPV applications include roofs, facades, glass and other uses. - End-user segments include residential, commercial and industrial customers. - Asia Pacific is forecast to be the largest regional market in 2030 at $28 billion, up from $9 billion in 2025. - Asia Pacific growth is projected at a 26% CAGR. - China is forecast to be the largest country market in 2030 at $16 billion, up from $5 billion in 2025. - China is projected to grow at a 27% CAGR. - The report says the top 10 companies held 14% of total market revenue in 2025, showing a fragmented competitive landscape. - The report lists Panasonic, Tesla, Canadian Solar, Trina Solar, First Solar, Sharp, Mitsubishi Electric, Hanwha Q CELLS, Onyx Solar, Jinko Solar, GAF Energy, REC Solar, Solar Frontier, LG Electronics, Yingli Solar, Suntech Power, ISSOL, Ascent Solar, Global Solar Energy, NanoFlex Power and Harsha Abakus Solar among active companies. - The report also names raw material suppliers including First Solar, LONGi, JinkoSolar, Trina Solar, Canadian Solar, JA Solar, Hanwha Solutions and Meyer Burger. - Wholesalers and distributors include BayWa r.e., Krannich Solar, Greentech Renewables, CED Greentech, Wesco International and Rexel. - End users named in the report include Tesla, Enel Green Power, EDF Renewables, Brookfield Renewable Partners, Ørsted, NextEra Energy, Dominion Energy, Duke Energy, AES, Engie, Iberdrola, RWE Renewables, Vattenfall, Adani Green Energy and Tata Power Solar Systems.

Between the lines: - Government incentives, net-zero building mandates and green building codes are the main policy drivers behind adoption. - The report estimates these policy tailwinds contribute 2.7% annual growth to the market. - Demand for sustainable, energy-efficient buildings adds about 2.5% annual growth, according to the report. - Advances in photovoltaic glass, solar facades, roofing systems and thin-film technologies are expected to add about 2.3% annual growth. - The competitive field remains open because technical integration standards and energy-efficiency rules make entry harder, but not impossible. - Trinasolar Evergreen launched four new BIPV products in October 2024, including solar tiles and colored photovoltaic glass using TOPCon solar cell technology, underscoring continued product innovation.

What's next: - The report says product segments such as polycrystalline, thin-film and others could collectively add more than $43 billion in value by 2030. - Polycrystalline is forecast to add $28 billion, thin-film $12 billion and other technologies $3 billion between 2025 and 2030. - The next growth phase is likely to center on prefabricated BIPV components, retrofits for existing buildings and smarter solar-integrated building systems. - The Business Research Company says its 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel forecasting dashboards and market hotspot infographics. - More information is available in the company's announcement and in the sample request page.

The bottom line: - BIPV is gaining momentum as building rules, cost declines and product innovation push solar generation directly into construction materials.