Global Solar Photovoltaic Glass Market By Type (AR Coated Solar PV Glass, Tempered Solar PV Glass, TCO Coated Solar PV Glass, Annealed Solar PV Glass, Other); Module (Crystalline Silicon PV Modules, Amorphous Silicon PV Modules, Thin Film PV Modules); Installation Technology (Float Technology, Pattern Technology); y End-User (Residential, Commercial, Utility); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Solar Photovoltaic Glass Market
Global Solar Photovoltaic Glass market is expected to rise to an estimated value of USD 111.6 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. Easy installation and low operating costs of solar photovoltaic systems drives the growth of the global solar photovoltaic glass market over the forecast period.
Market Definition: Global Solar Photovoltaic Glass Market
Solar PV systems are the ones that help in the conversion of sunlight into electricity which can be used for various electrical applications. Solar PV glass is produced by placing the solar PV cells upon a glass panel focussing sunlight upon it. It is a type of highly engineered construction glass and is successfully replacing conventional building materials in windows, roofs and skylights.
- Increase in demand and high adoption of renewable energy sources is expected to increase the growth of the target market.
- Increasing awareness among the local people regarding the benefits of renewable energy solutions will drive the market in the future.
- The increase in demand for green building technology in residential and offices will drive the market in the forecast period.
- Stringent government regulations for reduction of carbon emissions will raise the regional share of the global solar photovoltaic glass market.
- High installation costs of solar PV glass technology in the underdeveloped and emerging economies will restrain the market from growing further in the future.
- Low operational efficiency of PV modules can hamper the sales of the global solar photovoltaic glass Market.
Segmentation: Global Solar Photovoltaic Glass Market
- By Type
- AR Coated Solar PV Glass
- TCO Coated Solar PV Glass
- Tempered Solar PV Glass
- Annealed Solar PV Glass
- Crystalline Silicon Module
- Amorphous Silicon Module
- Thin Film Module
By Installation Technology
- Float Technology
- Pattern Technology
- Power Plants
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market :
- In April 2019, AGC Glass introduced a brand new version of AGC Glass configurator with multitude tools accompanied with new features and technology. The new product launch will help the company grow further in the competitor market
- In August 2019, JA Solar Co., Ltd provided 2.5MW Goodyear solar plant situated in Malaysia with the high-efficiency PERC bifacial double-glass modules in order to enhance the production of renewable energy in Malaysia and also developing solar power for industrial, commercial and agricultural markets.
Global Solar Photovoltaic Glass market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Solar Photovoltaic Glass market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in Global Solar Photovoltaic Glass market are AGC Solar, Nippon Sheet Glass Co., Ltd., HeckerGlastechnik GmbH & Co. KG, Euroglas, Emmvee Toughened Glass Private Limited, F solar GmbH, Taiwan Glass Ind. Corp, Xinyi Solar Holdings Ltd, Sisecam Flat Glass, Guardian Glass, Saint-Gobain Solar, Flat Glass Co., Ltd, Guangdong Golden Glass Technologies, Henan HuameiCinda Industrial Co., Ltd., Interfloat Corporation and many more.
Research Methodology: Global Solar Photovoltaic Glass Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved