Integrated building photovoltaics market to reach US$8.2 billion by 2015, says report

NanoMarkets, a US-based market research and analysis firm, predicts that the global Building Integrated Photovoltaics (BIPV) market will reach US$8.2 billion in revenues by 2015, driven largely by the cost advantage that BIPV can provide versus conventional PV solutions. The prediction has been derived from a new report on the BIPV market. Furthermore, BIPV provides both the improved aesthetics and necessary energy efficiency that will allow property developers and owners to better compete in real estate markets.

The report, entitled Building Integrated Photovoltaics Opportunities: 2010, is the latest in the firm’s ongoing coverage of the market that dates back to 2006. NanoMarkets has also issued other analyses related to organic, dye-cell sensitive and inorganic thin-film PV in the past several months and will soon publish additional reports on BIPV in Europe and BIPV in Asia later in 2010.

The report analyses and quantifies the opportunities for firms at all levels of the BIPV value chain. PV materials suppliers will discover how the market is shaping up in the BIPV space for crystalline silicon, thin-film silicon, CIGS, CdTe, organic PV and dye-sensitised cells. Panel makers and building materials firms will learn about the latest design, market and cost trends for the full range of BIPV products including: flush-mounted panels, fully integrated tiles, standalone flexible laminates, fully integrated flexible BIPV products and BIPV glass. The eight-year forecast includes predictions in both value and MW terms.