Jan 24 2011
Research and Markets, which publishes industry newsletters and market research reports from experts in the respective field, has declared the availability of a new report titled ‘Opportunities in European BIPV Market’ from Frost & Sullivan.
The report provides a brief on the growth of BIPV market in the Europe and elaborates how the BIPV market, which started as recess segment of the photovoltaic market blossomed into a more viable alternative for the use in buildings. It details how the growth of the BIPV sector rely more on the incentives offered by the governments and how the incentives made the residential sector as the biggest client segment for BIPV.
The research provides exhaustive assessment of the important market drivers and the constraints. It discusses the imminent challenges faced by the industry along with its considered recommendations. The report discusses the BIPV usage by residential, commercial, industrial, government and off grid users. The report covers geographical areas such as Benelux, Alpine countries, Scandinavia, the United Kingdom, France, Spain, Italy, Germany and other places in Europe. The research includes both the thin-film silicon and crystalline technologies in its report. It attributes the increased growth achieved by countries such as Italy and France to the increased incentives offered by the countries. It cautions that withdrawal of incentives may pose constraints to the solar vendors to push their products.
It finds cost of the modules as an important deterrent factor to the growth of BIPV segment and how the installation of a BIPV system will become a costly option in grid connected applications over buildings constructed utilizing conventional materials. It suggests for a mutualism between the photovoltaic and construction industry to blend the usage of BIPV with the construction to increase the awareness about using BIPV modules.