GLEN ALLEN, Va. — The market for building-integrated photovoltaics (BIPV) will exceed $4 billion in revenues by 2013 and surpass $8 billion in 2015, according to a new report from a leading industry analyst firm.
NanoMarkets’ report, "Building Integrated Photovoltaics Markets: 2008," says that by 2013 there will be an installed capacity of 10.8 gigawatts peak of BIPV of which 4.6 gigawatts peak will come from Europe and 3.7 gigawatts peak will come from the U.S.
About 7 gigawatts peak of total BIPV capacity by 2013 will be from residential applications, and rooftop installations are expected to continue to dominate the market with facade BIPV accounting for 1.1 gigawatts peak in five years, the report said.
The report also anticipates that much of the market growth will be generated by a new generation of BIPV products.
In examining opportunities for BIPV products over the next eight years, the report covers rooftop and facade systems in view of products available today and those under development by leading firms.
NanoMarkets has published several reports related to organic, thin-film and printable electronics materials and applications. Its BIPV report, announced on July 21, is the latest in a series examining the emerging solar energy market.
