diff --git a/cmake/libaec-config.cmake.in b/cmake/libaec-config.cmake.in
index 6f6c9e9..11ac99e 100644
--- a/cmake/libaec-config.cmake.in
+++ b/cmake/libaec-config.cmake.in
@@ -26,7 +26,7 @@
 
 find_path(libaec_INCLUDE_DIR NAMES libaec.h DOC "AEC include directory")
 find_path(SZIP_INCLUDE_DIR NAMES szlib.h DOC "SZIP include directory")
-if (libaec_USE_STATIC_LIBS)
+if (libaec_USE_STATIC_LIBS OR (NOT DEFINED libaec_USE_STATIC_LIBS AND NOT "@BUILD_SHARED_LIBS@"))
   if (MSVC)
     find_library(libaec_LIBRARY NAMES aec-static.lib DOC "AEC library")
     find_library(SZIP_LIBRARY NAMES szip-static.lib DOC "SZIP compatible version of the AEC library")
diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index f9c3031..b2aeb6c 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -75,4 +75,11 @@ set_target_properties(aec sz
   PROPERTIES
   COMPILE_DEFINITIONS "${libaec_COMPILE_DEFINITIONS}")
 
-install(TARGETS aec_static aec_shared sz_static sz_shared)
+if(BUILD_SHARED_LIBS)
+  set(install_targets aec_shared sz_shared)
+  set_target_properties(aec_static graec sz_static PROPERTIES EXCLUDE_FROM_ALL 1)
+else()
+  set(install_targets aec_static sz_static)
+  set_target_properties(aec_shared graec sz_shared PROPERTIES EXCLUDE_FROM_ALL 1)
+endif()
+install(TARGETS ${install_targets})