New NanoMarkets Report States That the Building Integrated Photovoltaics Market Will Reach $4.0 Billion By 2013
GLEN ALLEN, Va., July 22 /PRNewswire/ — A new report from NanoMarkets, a leading industry analyst firm based here, predicts that the market for building integrated photovoltaics (BIPV) will reach more than $4.0 billion in revenues ($US) by 2013 and surpassing $8 billion in 2015. The report, “Building Integrated Photovoltaics Markets: 2008″ is the next in a series from NanoMarkets examining the emerging solar energy market. Additional information about the report is available at http://wwww.nanomarkets.net/. Members of the press may request an executive summary from the firm.
— By 2013, there will be an installed capacity of 10.8 GWp of BIPV, of which 4.6 GWp will come from Europe and 3.7 GWp from the U.S. Approximately 7.0 GWp of total BIPV capacity by 2013 will be from residential applications. Although the market will remain dominated by rooftop installations, facade BIPV will account for 1.1 GWp by 2013.
— Much of the growth in the BIPV market will be generated by a new generation of BIPV products. By 2013 the PV-encapsulated roofing product market, consisting of solar tiles, slates, and shingles will generate $2.5 billion in revenues. Also by 2013, facade products such as solar curtain walls, building cladding and atrium glass will produce $430 million in revenues. Solar cladding is a very competitive alternative to conventional cladding materials and is claimed to provide similar aesthetics to marble and bronze but at a fraction of the cost. Solar curtain walls present a special opportunity since they are easier to receive planning permission and permits for compared with conventional roof-mounted PV.
— Some firms have been able to compete in the BIPV market by using conventional crystalline silicon and making high efficiencies their major competitive selling feature. By 2013, NanoMarkets expects this market will account for $2.1 billion in revenues. However, BIPV is also expected to present major opportunities for new thin-film and organic PV materials which enable products to be laminated onto curved surfaces and integrated into buildings. In the future, direct encapsulation of PV into building materials may lead to significant reductions in total building costs, according to the new NanoMarkets report.
About the Report:
BIPV is one of the fastest growing opportunities in the PV sector and creates opportunities for PV materials firms, solar panel manufacturers and building firms. This report explores and quantifies the opportunities for BIPV products over the next eight years. It covers both rooftop and facade systems, reviewing the BIPV products that are available today and the ones that are being developed by leading firms. The report examines the enabling technologies and materials that are making the next-generation BIPV possible and provides many examples of major building projects that are already incorporating BIPV. Also included in the report are a full analysis of the varying regulatory factors impacting BIPV in various regions of the world and detailed volume and value forecasts by type of product, type of user, material and geography.
NanoMarkets tracks and analyzes emerging market opportunities in electronics created by developments in advanced materials. The firm has published numerous reports related to organic, thin-film and printable electronics materials and applications and maintains a blog at http://www.nanotopblog.com/ that comments on industry trends and events. For a full listing of the firm’s reports and downloadable white papers and report summaries please visit http://www.nanomarkets.net/.
CONTACT: Robert Nolan of NanoMarkets, +1-804-360-2967,firstname.lastname@example.org
Web site: http://www.nanomarkets.net/http://www.nanotopblog.com/