Market Outlook

The global building-integrated photovoltaics market size was valued at USD 11.58 billion in 2018 and is anticipated to grow at a CAGR of 19.24% between 2019 and 2024. A building-integrated photovoltaic (BIPV) system is an essential element of the building skin that transforms solar energy into electricity and at the same time protects the construction structure from climate and noise. BIPV is one of the fast-growing segments of the global solar photovoltaic sector.