Building Applied Photovoltaics (BAPV) Market Size is expected to reach $544.9 Million by 2027

In 2020, the global Building Applied Photovoltaics (BAPV) market size was US$ 518.9 million and it is expected to reach US$ 544.9 million by the end of 2027, with a CAGR of 0.7% during 2021-2027. Building-integrated photovoltaics (BIPV) are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope such as the roof, skylights, or facades.

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North America is the world's largest market, accounting for about 63% of the global market in 2018.

Building Applied Photovoltaics (BAPV) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Building Applied Photovoltaics (BAPV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

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Segment by Type, the Building Applied Photovoltaics (BAPV) market is segmented into

o OPV
o DSC
o Others

OPV type holds a comparatively larger share in global market, which accounts for about 44% in 2018.

Segment by Application, the Building Applied Photovoltaics (BAPV) market is segmented into

o Rooftop
o Facades

Rooftop is the most common install position of Building Applied Photovoltaics (BAPV), which takes up about 67% of the clients in 2018.

The major companies include:

o OPVIUS
o First Solar
o Suntech Holding
o Sharp Solar
o Centrosolar
o GIE
o Soltecture
o DSD Energy

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