GLEN ALLEN, USA: NanoMarkets, a Virginia-based market research and analysis firm, has just issued a new report on the building integrated photovoltaics market (BIPV).
The firm predicts that the global BIPV market will reach $8.2 billion in revenues by 2015 driven by the cost advantage that BIPV can provide versus conventional PV solutions. Furthermore, BIPV provides both the improved aesthetics and necessary energy efficiency that will allow property developers and owners to better compete in stagnating real estate markets.
The report titled, “Building Integrated Photovoltaics Opportunities: 2010,” is the latest in the firm’s on-going coverage of the market that dates back to 2006. NanoMarkets has also issued other analyses related to organic, dye cell sensitive and inorganic thin-film pv in the past several months and will soon publish additional reports on BIPV in Europe and BIPV in Asia later in 2010.