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BIPV Glass Witness Soaring Sales Owing to Energy Efficiency They Accord

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Published on : Dec 29, 2017

ALBANY, New York, December 29, 2017: ResearchMoz.us has added a market study, titled, “BIPV Glass Market: Global Industry Analysis and Forecast to 2015 to 2021,” to its repository. The report examines and forecasts the market both at the global and local level. It presents information on the different factors driving or restraining the market and brings to the fore the opportunities in it. It estimates its current and future size in terms of revenue and the current and future competitive dynamics too.

BIPV, acronym for building-integrated photovoltaic (BIPV) glass, are embedded with photovoltaic cells that help to generate solar energy. Realizing solar energy is the next big thing, industry participants are jumping on to the production of BIPV glass. A noticeable trend in the market is glass manufacturers collaborating with solar firms to tap into the soaring demand for cleaner electricity. 

Some of the unique perceived benefits of BIPV glass are bringing about energy-efficient maintenance of skyscrapers and thereby reducing overall spends on energy. Over the years BIPV is expected to see swift uptake in self-sustainable buildings. This is because they facilitate sound and thermal insulation without stopping the passage of natural light. Thus, it at once protects from the outside environment, manages thermal energy, protects from the bright sunlight outside, and generates clean, eco-friendly energy.

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Most importantly, however, BIPV glass serve to bring down use of highly polluting fossil fuel – something that is majorly boosting their demand on account of rising concerns about increasing carbon footprint. BIPV offers an affordable alternative to generate electricity in commercial and residential buildings. Currently, commercial complexes are mainly serving to up demand in the global BIPV glass market. In the upcoming years too, BIPV glasses will see substantial uptake in commercial buildings mainly because of the pressing need to slash costs of energy in commercial infrastructures. 

Depending upon the type of material, the global market for BIPV glass can be segmented into crystalline silicon, OPV (Organic Photo Voltaic Cell), amorphous silicon, DSSC (Dye Sensitized Solar Cells), and others such as CdTe and CIGS.

North America, Latin America, Europe, and Asia Pacific are some of the key regions in the global market for BIPV glass studied in the report. The report finds that Europe is a leading region in the market vis-à-vis revenue generation. In the years ahead too, the region is expected to hold on to its dominant share by expanding at an impressive pace. The market in Europe is being catapulted to the fore by a plethora of strict policies pertaining environment. Those mandate the uptake of sustainable production of energy and construction procedures. 

Besides Europe, Asia Pacific excluding Japan (APEJ) and North America also present a lot of opportunities in the market. The market in North America is being primarily powered by the U.S. which is placing a lot of emphasis on zero-net energy buildings. In APEJ, on the other hand, rapid industrialization and rising awareness about the benefits of renewable energy is having a positive impact on sales.

Some of the prominent participants in the global market for BIPV glass are Nippon Sheet Glass Co., Compagnie de Saint-Gobain SA, Trony Solar Holdings Co. Ltd., Asahi Glass Co., Ltd., Solaria Corporation, E. I. DuPont de Nemours and Company, Canadian Solar Inc., First Solar, Hanwha Chemical Corp., and RWE AG. The report furnishes information on their key strategies, products, and sales and revenues. It also leverages analytical tools to enable players to tap better into the market by understanding the potential and pitfalls in it.

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