Don’t call it a comeback because it’s been here for years. According to the “Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets”report, the global market for BIPV technologies will grow from $2.4 billion in 2016 to $4.3 billion by 2021 with a compound annual growth rate (CAGR) of 12.2% for the period of 2016-2021. Maybe Elon Musk is to thank for the rosiness, but it likely would be trending that way regardless.
This report, available now via Research and Markets, provides a detailed review of the global market for building-integrated photovoltaic technologies. To help the audience fully understand the market opportunity for these technologies, the report is first geographically-segmented into the following regions, with multiple countries individually analyzed.
Examination of the impacts of a concentration of PV production capacity in China and the emergence of c-Si and poly-Si technologies as significant components of the BIPV industry along with a-Si, CIGS, and eventually DSSC and OPV materials. Quantification of existing and near-future markets for BIPV capacity by PV technologies, annual capacity additions, application sector, and revenue to manufacturers.
Profiles of emergent BIPV market sectors that are exhibiting signs of exponential growth, with minimal market potentials of billions of dollars.
The remainder of the study utilizes all gathered data to quantify the market for BIPV technologies by geographical region and market segment for the following BIPV application segments:
Here is a link to that report.
— Solar Builder magazine