Building Integrated Photovoltaics Market Size 2013 - 2019 oct 2016 | Page 2

Building Integrated Photovoltaics Market

REPORT DESCRIPTION

Building Integrated Photovoltaics (BIPV) Market: Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 - 2019
Building integrated photovoltaics, or BIPV in short, is a photovoltaic technology applied in the primary
phase of constructions of a building structure. This technology is gaining attention owing to its less
hazardous nature concerning environment and the lower cost of electricity generation compared to the
traditional power generating units. BIPV integration curbs the entire cost of construction significantly.
The global BIPV market includes curtain wall, rooftop, and BIPV window. The zero energy building policy,
which is practiced strictly in the U.S. and the European countries, has been achieved efficiently through the
support of BIPV products. The BIPV products market has witnessed an impressive growth in recent past. In
2012, the rooftop BIPV market held around 67% share of the overall market. The rapid development of the
curtain wall technologies attributed to the emergence of BIPV in the commercial industry. Industry experts
predict that the curtain wall BIPV segment will to be the fastest-developing product segment between
2013 and 2019.
Complete Report with TOC : http://www.transparencymarketresearch.com/building-integratedphotovoltaics-market.html
Based on technology, C-Si, thin film, and other such as DSC and OPV are the market segments of the
global BIPV industry. The high level of competence and lower costs of the first generation technologies
such as C-Si are experiencing rise in the demand from the construction sector. Silicon is one of the key raw
materials used in the production of C-Si BIPV modules. The evolution of second and third generation BIPV
technologies added with abundant silicon availability in the nature has headed to the significant decline in
the cost of C-Si BIPV module as the low raw material cost makes C-Si technology economical compared to
others. This factor is expected to stimulate the demand for C-Si technology in the coming years.
The second generation technologies such as thin films are more effective compared to first generation
ones. The amount of flexibility and simplistic integration offered by the thin film technology are projected
to attract more customers, thereby propelling the growth of this market segment. DSC and OPV are the
third generation technologies, which are currently in the developing phase. However, the industry experts
forecast that this BIPV market segment has high potential for the future growth; hence, some enterprises
such as Dyesol are targeting the third generation technologies market.
Commercial Market Segment to Retain its Leadership Holding Maximum Share in End-use
Industry
On the basis of end users, the global BIPV industry is classified into residential, commercial, and industrial
market. The novel regulations and policies regarding the usage of the renewable energy and subsidies on
the solar energy are driving the development of the commercial end-use segment for BIPV market. Various
laws pertaining to environment such as the Renewable Energy Law of 2006 enforced in China are
stimulating the usage of renewable energy in the commercial sector.

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