The Current worldwide installed capacity of BIPV systems is about 400 MW till 2012. Also the annual value of the BIPV market will quadruple over the next five
years, growing from $606 million in 2012 to more than $2.4 billion in
2017, the study concludes. The research director of Pike research Ann Adamson said "In the future, BIPV will no longer be confined to spandrel or overhead
applications. Rather, the entire building envelope will be able to put
it to use, allowing the structure to produce its own power and feed
additional power into the grid system.". He also added “The growing availability of energy-efficient, flexible, and transparent
solar materials is transforming the way that architects and building
engineers view, and use, photovoltaic systems”.
BIPV will open up more:
Going into 2013, the BIPV market will open up more as it rebounds from
the great solar depression and several long-term projects hit the
market, according to the report. An increasing number of players in the
supply chain are working together to provide solutions for the entire
building envelope. Among the most important next steps for the industry
is the development of finished solar modules made by continuous
production from PV rolls. Developing the ability to print the PV coating
directly on to steel roof cladding will enable the modules to be
produced in large volumes, cost-effectively.
Western Europe Still Leads the BIPV Market; But New Regions opening up:
Currently Western Europe remains the largest market for BIPV products, The new markets are emerging which include
Eastern Europe (Lithuania, Serbia, Slovenia, Poland, and Ukraine), Asia
Pacific (Mainly Australia, China, India, Japan, Malaysia, and
Thailand), Latin America (Brazil and Chile), and South Africa. Also the U.S. government is paying greater attention to BIPV, as shown by
the Department of Energy’s approval of an additional $145 million in
funding for the SunShot Initiative and specifically BIPV development
programs in September 2011.
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