New York, NY -- (SBWire) -- 12/03/2014 --BIPV glass refers to building integrated photovoltaic glass. BIPV glasses are made up photovoltaic cells, which are embedded between two sheets of glass. BIPV glass is used in various parts of the buildings such as roof, skylights, facades, spandrels, curtain walls. BIPV glass is also used in atrium roofing, where high level of transparency is not required. Various advance technology such as thin-film PV, OPV and DSC offers light weight and flexible BIPV glass. BIPV glass allows the entry of natural light and provides both thermal and sound insulation. They filter out harmful radiation and produce clean and free energy. Along with its conventional roles such as providing protection from noise, rain and shading, BIPV glass provide various other benefit such as electricity generation, light management, comfort and provide innovative architecture design to the building.
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Awareness about carbon footprint reduction and growing focus towards generation of electricity at lower cost from conventional to renewable sources acts a key driver for the growth of BIPV glass market. Buildings sector accounts the largest market share of BIPV glass and holds around more than 80% share of global BIPV glass market. BIPV glass acts as key enabling technologies for zero net energy buildings. Use of BIPV glass is growing in various building such as educational buildings, corporate building, hotels, hospitals, retail outlet, and commercial and residential building. BIPV glass market is expected to grow very rapidly during the forecasted period Growing investment over architectural segment further helps to increase in BIPV glass market. On the basis of end users, BIPV glass market is segmented in to commercial building, residential and industrial and others.
Global brand such as Suntech Power Co., Ltd, Pilkington and Asahi Glass Corporation offers most innovative BIPV glass in the market with emphasis on latest technology and better quality. Growing investment over research and development on BIPV glass and introduction of new technology further helps in the growth of BIPV glass market.
Asia Pacific is one of the prominent markets for BIPV glass market. With the growth in investment over domestic and institutional buildings construction, the demand of BIPV glass market is also on the rise. Rising economy and growing household income are some of the key factor which triggers the BIPV glass market in Asia Pacific region. In North America, the U.S. holds the largest market share of BIPV glass market. The total number of zero net energy buildings in the U.S and European region is growing. EU Directives demand zero energy capability for all buildings by 2021. Such initiative by government helps to increase the BIPV glass market in North America as well as in Europe. The global BIPV glass market is expected to grow in a double digit growth rate during forecasted period 2014- 2020.
Some of the major companies operating in global BIPV glass market are Suntech Power Co., Ltd, Asahi Glass Corporation, Onyx Solar, Ascent Solar, Canadian Solar, Hanergy, Hanwha Solar One, EMMVEE Solar Systems Private Limited, Ascent Solar, DuPont, First Solar, GE, Solar Frontier Pilkington, CENTROSOLAR Group AG, Power Film, Inc., Pythagoras Solar and SunPower.
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Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
North America
Europe
Asia
RoW
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.
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BIPV Glass Market: Global Industry Analysis and Forecast to 2020
Persistence Market Research Pvt. Ltd is released new forthcoming report on title "BIPV Glass Market: Global Industry Analysis and Forecast to 2020".