The
annual installations of BIPV is anticipated to reach 1,152.3MW by the
end of 2019. It was registered at 343.1MW in the year 2012. The
industry is expected to register a CAGR of 18.7% between 2013 and
2019. The report covers exhaustive details pertaining to the overall
performance registered by the industry over the forecast period.
Browse
the full Building Integrated Photovoltaics (BIPV) Market report at http://www.transparencymarketresearch.com/building-integrated-photovoltaics-market.html
The
report has segmented the global building integrated photovoltaics
market in terms of product types, technology, end-user applications,
and geography. On the basis of product type, the market has been
segmented into curtain wall, rooftop, and BIPV windows. According to
the findings of the report, rooftop accounted for approximately 67%
of the market share in 2012 to emerge as the fastest-growing segment.
Considerable increase in demand for curtain wall has been noted in
the last couple of years as well. The growing applications of curtain
wall across the commercial sector are expected to boost the overall
demand for the product segment. Innovation of BIPV products such as
insulated, colored, and transparent BIPV window will catapult the
product segment in the market forefront through the forecast period,
as observed by the report.
In
terms of technology, the global market for building integrated
photovoltaics can be categorized into C-Si technology, thin film, and
other technologies including OPV & DSC. C-Si accounted for more
than 60% of the total share of the market in 2012. This exponential
increase in demand was fueled by low cost associated with the
adoption of technology. As per the forecasts included in the report,
the successful run of C-Si will remain uninhibited even during the
forecast period. However, thin film is expected to register the
fastest growth at a CAGR of 19.1% between 2013 and 2019.
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On
the basis of key end users, the report has segmented the global
market for building integrated photovoltaics into the broad
categories of industrial, commercial, and residential. The commercial
end-user segment dominated the market in 2012, accounting for more
than 67% of the overall BIPV market share. However, other niche
segments such as residential and industrial categories are likely to
grow at a healthy rate during the forecast period.
In
2012, the global market for BIPV was dominated by Europe, with 41%
share of the global market on the basis of annual installations,
followed by North America. North America accounted for approximately
27% of the global market share in 2012. Rise in demand for BIPV in
recent years is driven by increasing environmental regulations
adopted by economies worldwide to curb the effects of carbon
footprints. Rapid industrialization and economic expansion in
countries across Asia Pacific will create significant opportunities
for the globa
The
global BIPV market is fragmented by nature, with a number of players
competing against each other to acquire the major share of the
market. In 2012, the global BIPV market was dominated by Ascent Solar
Technologies Inc, First Solar Inc., Centrosolar AG, Sapa Solar, and
Pythagoras Solar Ltd, with 40% of the market share. Other key players
in market include Power Film Inc., United Solar Ovonic LLC, Suntech
Holding LLC, and Dyesol
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