NanoMarkets Sees Building Attached Photovoltaics Markets (BAPV) Market Reaching $4.6 billion in 2015

Date: 22 October 2012
Source: www.nanomarkets.net

Date: 22 October 2012

Glen Allen, VA:  Industry analyst firm NanoMarkets today issued a new report titled, “Building Attached Photovoltaics Markets” that sees solid near term opportunities for the BAPV market which will grow from $1.9 billion (USD) this year to a peak of $5.9 billion (USD) in 2017 before being surpassed by building integrated photovoltaics (BIPV). The report analyzes and pinpoints the opportunities that are likely to emerge in the BAPV market in the next few years.  Within the report we quantify those opportunities in a series of forecast charts and tables that are provided in both value and volume terms.  Volume shipments are forecasted in terms of area covered and MW shipped.  Breakouts in the forecasts are provided by type of building, type of BAPV products roofing and key absorber materials used.

In addition, we project the nations and regions that will generate the most revenues for BAPV.

The report also addresses both the kinds of buildings and the parts of buildings that BAPV products should be targeted and how manufacturers of BAPV can make the best transition to the time when BIPV surpasses BAPV in market dominance.

Additional details about the report are available at: http://nanomarkets.net/market_reports/report/BAPV_markets

More from the report:

According to NanoMarkets’s new report, BAPV represents an immediate revenue opportunity for PV firms; $1.9 billion in revenues this year growing to $4.6 billion by 2015 and peaking at $5.9 billion in 2017.  While BAPV cannot match BIPV with respect to cost improvements on regular solar panels, BAPV does comes close to BIPV in terms of its ability to provide new/improved aesthetics and so can capitalize on potential customers who are put off by the conventional PV panel on a rack look.

Most BAPV today is implemented by simply disguising solar panels with architectural features or glazing them into windows or curtain wall.  However, specialized BAPV products are beginning to appear on the market.  The most common example of such a product is a roofing overlay product equipped with special clips and fasteners that make overlays easier to install.  In addition, these special roofing overlay products often use lightweight thin-film PV materials that reduce the need for additional roofing support.  The entire BAPV roofing overlay market is expected to reach $910 million by 2015.

BAPV is already found in curtain walls, but NanoMarkets expects to find more BAPV in walls in the future.  The drivers for this growth are that in many instances the roofs of commercial buildings are too cluttered to install sufficient PV, making the walls a good second choice. Even if the roof is not too cluttered, the roof may still not offer enough space for PV. In multistory buildings, the roof area is low compared with the amount of space in the building that must be powered.  Also for zero-energy buildings, PV power demands can be quite considerable and both roofs and walls may have to be used for PV. Although negligible now, NanoMarkets expects total BAPV wall revenues to reach $480 million by 2015.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in energy, electronics and other areas created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of the BIPV industry.

Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.

Contact:

Robert Nolan

NanoMarkets

(804) 938-0030

rob@nanomarkets.net
600450 NanoMarkets Sees Building Attached Photovoltaics Markets (BAPV) Market Reaching $4.6 billion in 2015 glassonweb.com

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