Glen Allen, VA: Industry analyst firm, n-tech Research (http://www.ntechresearch.net) has issued its latest market report covering the building integrated photovoltaics (BIPV) market. The firm predicts that the BIPV market (roofing, glass and siding) will grow from nearly $1.1 billion (USD) in 2017 to just over $2.7 billion in 2021.
Additional details of the report titled, “BIPV Technologies and Markets” including an excerpt are available at: https://www.ntechresearch.com/market-reports/bipv-technologies-and-markets-2017-2024/
About the Report:
n-tech Research has been following the evolution of the BIPV business for almost a decade. n-tech’s latest report examines the current prospects for BIPV and the trials it must still face on the way to broader commercialization. This report:
- Provides ten-year forecasts of true BIPV shipments and revenues with breakouts by product type (tiles, windows, etc.), type of building (commercial, residential, etc.) technology (c-Si, OPV, etc.) and key geographies. BAPV technologies not included.
- Identifies winning strategies in the BIPV business including both product/marketing and supply chain evolution including glass, specialty chemical and solar panel firms
- Considers the opportunities for BIPV businesses to make money through integration of their products with smart lighting and smart windows as well through the strategic use of battery storage.
- Addresses the BIPV market on an international basis with consideration for the special subsidies and economic factors that are promoting BIPV.
- The new BIPV offering from Tesla has breathed new life into the BIPV market because this product is supported by a powerful distribution network and brings energy storage to where it is affordable by residential and small business users. The market for BIPV roofing will reach $1.2 billion by 2021
- The involvement of the big flat glass firms in the BIPV sector will continue to intensify providing more investment for BIPV glass and spurring partnerships between glass companies and the solar panel industry. Revenues from BIPV glass will reach $1.1 billion by 2021
- Governments are generally cutting back on subsidies for PV, but because BIPV can be sold on the basis of aesthetics, not just energy efficiency, BIPV is better able to withstand regulatory adversity. The French government specifically grants tariff advantages to BIPV that is integrated in an aesthetic manner. Also, since BIPV is so well suited to net zero energy buildings (NZEB) buildings, BIPV stands benefits from policies such as the EU’s Energy Performance of Buildings Directive (EPBD) and California’s evolving Title 24 building code, which favor NZEB
n-tech Research is the rebrand of NanoMarkets. Our firm is a recognized leader in industry analysis and forecasts in advanced materials and novel energy sources. Visit http://www.ntechresearch.com for a full listing of the firm’s reports and other services.