N-tech Research Report predicts surge in BIPV industry

By | August 10, 2015

According to a press release on PRUnderground, N-tech Research predicts that BIPV (building-integrated solar photovoltaic) systems are ready for their moment in the sun.

The research company, which focuses on the advanced material sector, says the market is ready to surge from $3 billion in 2015 to $26 billion in the next seven years due to the emergence of BIPV systems that are more integrated and multifunctional. The report, “BIPV Technologies and Markets, 2015-2022,” predicts more partnerships with “downstream” companies, such as construction firms, installers and retailers, more interest in the aesthetic value of BIPV and an increase in international opportunities. Roofing is the biggest projected market, but glass and walling will also contribute to the industry’s surge.

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