Written by AZoM
NanoMarkets, a leading industry analyst based here, today
announced the release of its most recent report, "Building-Integrated
Photovoltaics Markets 2009 and Beyond." This report, which builds upon the
firm's coverage of the BIPV market, contains analysis and market projections of
both crystalline silicon (c-Si) and the thin-film PV technologies used in
various portions of a building-rooftops, exterior walls, windows, facades,
sunshades, skylights, etc., and other related materials. Further details about
the report are available at www.nanomarkets.net. Executive summaries for registered press
are available upon request.
According to NanoMarkets' new report, revenues from building-integrated PV
will grow from about $1.8 billion this year, to reach over $8.7 billion in 2016.
While the PV market, and specifically the BIPV market, will be impacted by the
current recession, the combination of policy incentives and trends in
architectural style produces a need for aesthetic integration of PV cells into
the buildings that use them.
NanoMarkets also expects to see a shift in the type of PV materials used in
building-integrated products. While crystalline silicon (c-Si) currently makes
up about 75 percent of the market in volume terms, by 2016 this value will drop
to close to 33 percent as the thin-film PV technologies penetrate the market. By
2016, NanoMarkets projects that thin-film silicon will represent 35 percent of
the BIPV market while CIGS will have 17 percent share.
About the Report:
NanoMarkets' new report pays special attention to the exciting new products
coming on line that incorporate PV cells into actual building materials like
siding, windows, and roofing shingles. The report also analyzes and quantifies
the current and future markets for BIPV products in light of current conditions
in real estate, construction, finance and year over year reductions in energy
prices. The report focuses on how BIPV technologies can break into the market
now and how planners at BIPV firms can ensure that their products will do well
once the new construction market begins to stabilize and how they can also best
meet the demands of the retrofit market.
The report also discusses the materials and technology aspects of BIPV; we
look at how traditional crystalline silicon firms PV can best fit their products
into the new BIPV environment and how the new TFPV and OPV/DSC technologies can
be leveraged for BIPV applications. The report also goes into depth on the
market, policy and technology factors that make BIPV more popular in some
regions versus others. Finally, our eight-year forecasts of the BIPV market
quantify the opportunities in BIPV by region and by product type.