Global building-integrated photovoltaics (BIPV) market is expected to witness considerable growth on account of rising environmental concerns and consequent demand for harnessing alternative energy. BIPV has increasingly been incorporated into new buildings or retrofitted into existing ones to serve as tertiary energy sources. BIPV are generally installed in exposed roofs, facades and building skylights to harness maximum solar energy and convert it into electricity. Various federal subsidies encouraging application of BIPV to eliminate pollution and carbon emissions are expected to boost global market growth. Development of flexible and thin film BIPV modules is anticipated to further augment the BIPV demand in aesthetic surroundings and interior designs applications. Increasing demand for clean alternative energy sources is also expected to further drive the global BIPV market.
http://www.grandviewresearch.com/industry-analysis/building-integrated-photovoltaics-bipv-market
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