Solar Photovoltaic Glass Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Type ; By Module ; By Installation Technology ; By End User ; By Region

Description

Global Solar Photovoltaic Glass Market Size Booming 6X to Cross Whopping USD 117.7 Billion by 2029.

Global solar photovoltaic (PV) glass market is gaining traction because of the high demand for solar PV glass from end-use industries and increasing popularity of solar systems for renewable energy.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global solar photovoltaic (PV) glass market size at USD 18.73 billion in 2022. During the forecast period between 2023 and 2029, the global solar photovoltaic glass market size is projected to grow at a robust CAGR of 30.22% reaching a value of USD 117.74 billion by 2029. Rising interest and investments in the renewable energy sector to support power generation from sustainable sources such as solar and wind, along with favorable government initiatives to accelerate the adoption of solar energy across commercial and residential spaces, are major growth factors for the global solar PV glass market. The global market for solar PV glass is also expected to witness lucrative growth prospects from extensive R&D and ongoing product improvements.

Global Solar Photovoltaic Glass Market - Overview:

Solar photovoltaic (PV) glass is a method that converts solar energy into electrical energy while shielding PVs against environmental elements, including dust, rain, and snow. Solar PV glass is being used to build integrated PVs. PV glass is being incorporated into building panels, roof panels, and windows. Cell phones, automobiles, and greenhouses may all employ solar PV glass. Photovoltaic is a technology advancement that makes it possible to convert solar energy into power. Transparent semiconductor-based PV cells, sometimes referred to as solar cells, are incorporated into the glass to convert sunlight into solar energy. PV glass transforms buildings into vertical power producers by generating free and renewable electricity due to the solar energy. Additionally, it offers thermal and acoustic insulation, guaranteeing filtration as up to 95% of infrared radiation and 99% of dangerous UV radiation may be absorbed. The three major PV cell technologies-monocrystalline silicon, polycrystalline silicon, and thin film-control the global market.

Global Solar Photovoltaic Glass Market - By Module:

Based on module, the global solar photovoltaic glass market is segmented into crystalline silicon PV modules, amorphous silicon PV modules, and thin film PV modules. The crystalline silicon PV modules segment accounts for the highest share in the global solar photovoltaic glass market. Crystalline technology typically offers the highest "STC'' (standard test conditions) efficiency ratings; for multi-crystalline modules, these values range from 12% to 17%, and for monocrystalline modules, they can reach up to 20%. However, thin-film PV modules are projected to register growth at a high CAGR during the forecast period as they offer better low-light performance as well as good structural strength.

Impact of COVID-19 on the Global Solar Photovoltaic Glass Market

The unprecedented COVID-19 pandemic outbreak significantly affected the growth of the global solar photovoltaic glass market. The imposition of lockdown and import-export restrictions across countries significantly affected the manufacturing activities as well as the demand and supply for solar photovoltaic glass. The infrastructure development activities surrounding the renewable energy sector were also temporarily halted due to a shortage of workers. All these factors resulted in huge losses to the global solar photovoltaic glass market during the initial outbreak. However, as the demand for energy spiked and awareness towards sustainability gained traction in the post COVID-19 period, the market has witnessed tremendous growth.

Competitive Landscape:

Major players operating in the global solar photovoltaic glass market include: AGC Glass Europe, Nippon Sheet Glass Co., Ltd., Taiwan Glass Industry Corporation, Xinyi Solar Holdings Limited, Sisecam, Guardian Glass, Saint-Gobain, Borosil Limited, China-Henan Huamei Chemical Co., Ltd., Interfloat Corporation, Guangdong Golden Glass Technologies Ltd., Hecker Glastechnik GmbH & Co. KG, ENF Ltd., Emmvee Toughened Glass Private Limited, and Euroglas GmbH.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Solar Photovoltaic Glass Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Solar Photovoltaic Glass Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23148

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Solar Photovoltaic Glass Market Insights

3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
  - 3.1.2.1. High Demand Among End Users
  - 3.1.2.2. Rising Demand for Solar Systems
- 3.1.3. Restraints
  - 3.1.3.1. High Cost Involved
- 3.1.4. Opportunities
  - 3.1.4.1. Rising Demand for Renewable Energy
- 3.1.5. Challenges
  - 3.1.5.1. Supply Chain Disruptions
3.2. Technology Advancements/Recent Developments
3.3. Regulatory Framework
3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry

4. Global Solar Photovoltaic Glass Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
- 4.2.1. By Type
  - 4.2.1.1. AR Coated Solar PV Glass
  - 4.2.1.2. Tempered Solar PV Glass
  - 4.2.1.3. TCO Coated Solar PV Glass
  - 4.2.1.4. Annealed Solar PV Glass
  - 4.2.1.5. Other
- 4.2.2. By Module
  - 4.2.2.1. Crystalline Silicon PV Modules
  - 4.2.2.2. Amorphous Silicon PV Modules
  - 4.2.2.3. Thin Film PV Modules
- 4.2.3. By Installation Technology
  - 4.2.3.1. Float Installation Technology
  - 4.2.3.2. Pattern Installation Technology
- 4.2.4. By End User
  - 4.2.4.1. Residential
  - 4.2.4.2. Commercial
  - 4.2.4.3. Utilities
- 4.2.5. By Region
  - 4.2.5.1. North America
  - 4.2.5.2. Europe
  - 4.2.5.3. Asia Pacific (APAC)
  - 4.2.5.4. Latin America (LATAM)
  - 4.2.5.5. Middle East and Africa (MEA)

5. North America Solar Photovoltaic Glass Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Module
- 5.2.3. By Installation Technology
- 5.2.4. By End User
- 5.2.5. By Country
  - 5.2.5.1. US
  - 5.2.5.1.1. By Type
  - 5.2.5.1.2. By Module
  - 5.2.5.1.3. By Installation Technology
  - 5.2.5.1.4. By End User
  - 5.2.5.2. Canada
  - 5.2.5.2.1. By Type
  - 5.2.5.2.2. By Module
  - 5.2.5.2.3. By Installation Technology
  - 5.2.5.2.4. By End User

6. Europe Solar Photovoltaic Glass Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Module
- 6.2.3. By Installation Technology
- 6.2.4. By End User
- 6.2.5. By Country
  - 6.2.5.1. Germany
  - 6.2.5.1.1. By Type
  - 6.2.5.1.2. By Module
  - 6.2.5.1.3. By Installation Technology
  - 6.2.5.1.4. By End User
  - 6.2.5.2. UK
  - 6.2.5.2.1. By Type
  - 6.2.5.2.2. By Module
  - 6.2.5.2.3. By Installation Technology
  - 6.2.5.2.4. By End User
  - 6.2.5.3. Italy
  - 6.2.5.3.1. By Type
  - 6.2.5.3.2. By Module
  - 6.2.5.3.3. By Installation Technology
  - 6.2.5.3.4. By End User
  - 6.2.5.4. France
  - 6.2.5.4.1. By Type
  - 6.2.5.4.2. By Module
  - 6.2.5.4.3. By Installation Technology
  - 6.2.5.4.4. By End User
  - 6.2.5.5. Spain
  - 6.2.5.5.1. By Type
  - 6.2.5.5.2. By Module
  - 6.2.5.5.3. By Installation Technology
  - 6.2.5.5.4. By End User
  - 6.2.5.6. The Netherlands
  - 6.2.5.6.1. By Type
  - 6.2.5.6.2. By Module
  - 6.2.5.6.3. By Installation Technology
  - 6.2.5.6.4. By End User
  - 6.2.5.7. Rest of Europe
  - 6.2.5.7.1. By Type
  - 6.2.5.7.2. By Module
  - 6.2.5.7.3. By Installation Technology
  - 6.2.5.7.4. By End User

7. Asia-Pacific Solar Photovoltaic Glass Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Module
- 7.2.3. By Installation Technology
- 7.2.4. By End User
- 7.2.5. By Country
  - 7.2.5.1. China
  - 7.2.5.1.1. By Type
  - 7.2.5.1.2. By Module
  - 7.2.5.1.3. By Installation Technology
  - 7.2.5.1.4. By End User
  - 7.2.5.2. India
  - 7.2.5.2.1. By Type
  - 7.2.5.2.2. By Module
  - 7.2.5.2.3. By Installation Technology
  - 7.2.5.2.4. By End User
  - 7.2.5.3. Japan
  - 7.2.5.3.1. By Type
  - 7.2.5.3.2. By Module
  - 7.2.5.3.3. By Installation Technology
  - 7.2.5.3.4. By End User
  - 7.2.5.4. South Korea
  - 7.2.5.4.1. By Type
  - 7.2.5.4.2. By Module
  - 7.2.5.4.3. By Installation Technology
  - 7.2.5.4.4. By End User
  - 7.2.5.5. Australia & New Zealand
  - 7.2.5.5.1. By Type
  - 7.2.5.5.2. By Module
  - 7.2.5.5.3. By Installation Technology
  - 7.2.5.5.4. By End User
  - 7.2.5.6. Indonesia
  - 7.2.5.6.1. By Type
  - 7.2.5.6.2. By Module
  - 7.2.5.6.3. By Installation Technology
  - 7.2.5.6.4. By End User
  - 7.2.5.7. Malaysia
  - 7.2.5.7.1. By Type
  - 7.2.5.7.2. By Module
  - 7.2.5.7.3. By Installation Technology
  - 7.2.5.7.4. By End User
  - 7.2.5.8. Singapore
  - 7.2.5.8.1. By Type
  - 7.2.5.8.2. By Module
  - 7.2.5.8.3. By Installation Technology
  - 7.2.5.8.4. By End User
  - 7.2.5.9. Philippines
  - 7.2.5.9.1. By Type
  - 7.2.5.9.2. By Module
  - 7.2.5.9.3. By Installation Technology
  - 7.2.5.9.4. By End User
  - 7.2.5.10. Vietnam
  - 7.2.5.10.1. By Type
  - 7.2.5.10.2. By Module
  - 7.2.5.10.3. By Installation Technology
  - 7.2.5.10.4. By End User
  - 7.2.5.11. Rest of APAC
  - 7.2.5.11.1. By Type
  - 7.2.5.11.2. By Module
  - 7.2.5.11.3. By Installation Technology
  - 7.2.5.11.4. By End User

8. Latin America Solar Photovoltaic Glass Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Module
- 8.2.3. By Installation Technology
- 8.2.4. By End User
- 8.2.5. By Country
  - 8.2.5.1. Brazil
  - 8.2.5.1.1. By Type
  - 8.2.5.1.2. By Module
  - 8.2.5.1.3. By Installation Technology
  - 8.2.5.1.4. By End User
  - 8.2.5.2. Mexico
  - 8.2.5.2.1. By Type
  - 8.2.5.2.2. By Module
  - 8.2.5.2.3. By Installation Technology
  - 8.2.5.2.4. By End User
  - 8.2.5.3. Argentina
  - 8.2.5.3.1. By Type
  - 8.2.5.3.2. By Module
  - 8.2.5.3.3. By Installation Technology
  - 8.2.5.3.4. By End User
  - 8.2.5.4. Peru
  - 8.2.5.4.1. By Type
  - 8.2.5.4.2. By Module
  - 8.2.5.4.3. By Installation Technology
  - 8.2.5.4.4. By End User
  - 8.2.5.5. Rest of LATAM
  - 8.2.5.5.1. By Type
  - 8.2.5.5.2. By Module
  - 8.2.5.5.3. By Installation Technology
  - 8.2.5.5.4. By End User

9. Middle East & Africa Solar Photovoltaic Glass Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Module
- 9.2.3. By Installation Technology
- 9.2.4. By End User
- 9.2.5. By Country
  - 9.2.5.1. Saudi Arabia
  - 9.2.5.1.1. By Type
  - 9.2.5.1.2. By Module
  - 9.2.5.1.3. By Installation Technology
  - 9.2.5.1.4. By End User
  - 9.2.5.2. UAE
  - 9.2.5.2.1. By Type
  - 9.2.5.2.2. By Module
  - 9.2.5.2.3. By Installation Technology
  - 9.2.5.2.4. By End User
  - 9.2.5.3. Qatar
  - 9.2.5.3.1. By Type
  - 9.2.5.3.2. By Module
  - 9.2.5.3.3. By Installation Technology
  - 9.2.5.3.4. By End User
  - 9.2.5.4. Kuwait
  - 9.2.5.4.1. By Type
  - 9.2.5.4.2. By Module
  - 9.2.5.4.3. By Installation Technology
  - 9.2.5.4.4. By End User
  - 9.2.5.5. South Africa
  - 9.2.5.5.1. By Type
  - 9.2.5.5.2. By Module
  - 9.2.5.5.3. By Installation Technology
  - 9.2.5.5.4. By End User
  - 9.2.5.6. Nigeria
  - 9.2.5.6.1. By Type
  - 9.2.5.6.2. By Module
  - 9.2.5.6.3. By Installation Technology
  - 9.2.5.6.4. By End User
  - 9.2.5.7. Algeria
  - 9.2.5.7.1. By Type
  - 9.2.5.7.2. By Module
  - 9.2.5.7.3. By Installation Technology
  - 9.2.5.7.4. By End User
  - 9.2.5.8. Rest of MEA
  - 9.2.5.8.1. By Type
  - 9.2.5.8.2. By Module
  - 9.2.5.8.3. By Installation Technology
  - 9.2.5.8.4. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Solar Photovoltaic Glass Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Solar Photovoltaic Glass Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. AGC Glass Europe.
12.2. Nippon Sheet Glass Co., Ltd.
12.3. Taiwan Glass Industry Corporation
12.4. Xinyi Solar Holdings Limited
12.5. Sisecam
12.6. Guardian Glass
12.7. Saint-Gobain
12.8. Borosil Limited
12.9. China-Henan Huamei Chemical Co., Ltd.
12.10. Interfloat Corporation
12.11. Guangdong Golden Glass Technologies Ltd.
12.12. Hecker Glastechnik GmbH & Co. KG
12.13. ENF Ltd.
12.14. Emmvee Toughened Glass Private Limited
12.15. Euroglas GmbH
12.16. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations