Building-integrated Photovoltaics Market Projected To Reach USD 89.8 Billion By 2030
San Francisco, 17 Sep 2024: The Report Building-integrated Photovoltaics Market Size, Share & Trends Analysis Report By Technology (Crystalline Silicon, Thin Film), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global building-integrated photovoltaics market size is expected to reach USD 89.8 billion by 2030, registering a CAGR of 21.2% during the forecast period, according to a new report by Grand View Research, Inc. The rapid expansion of the solar photovoltaic (PV) installation capacities of different countries, coupled with increasing demand for renewable energy sources, is expected to drive the growth of the market across the world. The rising consumer awareness coupled with the product’s superior performance over the last decade has primarily driven the market for building-integrated photovoltaics (BIPV). The crystalline silicon segment led the market in 2023 and had a market share of 70.9%. The crystalline silicon segment was the dominant