Solar Photovoltaic Glass Market Trends, Share, Size, Demand, Revenue and Future Outlook
Solar Photovoltaic Glass Market Growth, Size, Trends Analysis- By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2024 | Report ID: POAE24104 | Pages: 1 - 259 | Formats*: |
| Category : Power & Energy | |||
Solar Photovoltaic Glass Market Introduction and Overview
According to SPER Market Research, the Global Solar Photovoltaic Glass Market is estimated to reach USD 96.36 billion by 2033 with a CAGR of 28.79%.
The report includes an in-depth analysis of the Global Solar Photovoltaic Glass Market, including market size and trends, product mix, applications, and supplier analysis. Solar photovoltaic (PV) glass is a type of glass that generates electricity using solar cells. In order to generate power for a whole building, it is installed on the roof or in the façade of structures. These glasses include a unique resin infill between two glass panes that hold solar cells in place. These polymers firmly encase solar cells from every angle. Each cell is joined to other cells to form a module and has two electrical connections.
- Nippon Sheet Glass Co., Ltd. (NSG Group) opened a Transparent Conductive Oxide (TCO) plant in Malaysia in 2023. In order to start producing TCO glass in December 2023, Malaysian Sheet Glass SDN BHD, a subsidiary of the NSG Group, renovated an old float line at its Johor Bahru facility.
- AGC Inc. announced in 2022 that the Singapore Institute of Technology's new Punggol campus, which is scheduled to open in 2024, would make use of its photovoltaic glass. To reduce its reliance on primary grid electricity, the school intends to integrate AGC's photovoltaic glass into the food court's skylight, utilizing it as an extra energy source.
Market Opportunities and Challenges
Opportunities- Commercial buildings are equipped with solar photovoltaic glass to generate electricity. By letting natural light through photovoltaic glass, the installation procedure helps buildings consume less electricity during the day. Photovoltaic glass is preferred by commercial buildings such as retail stores, offices, and hospitals since it lowers environmental pollutants and saves energy through rooftop solar panels, making it an alternative source for electricity generation. In addition to ensuring energy cost savings, the power produced by solar photovoltaic cells lowers greenhouse gas emissions and the carbon footprint. Furthermore, The market for solar PV glass has a lot of potential due to the declining cost of solar panels. The need for solar installations is growing as technological developments, improved manufacturing techniques, and economies of scale make solar energy more accessible overall. Because solar electricity is now more affordable and accessible for businesses, households, and utility-scale projects, the market is positively impacted by the declining cost of solar panels. The need for premium solar PV glass, which is essential to the production of long-lasting and effective solar modules, is boosted by this improved affordability.
Challenges- One major obstacle facing the sector is the availability of subpar solar PV glass. Although the need for durable, effective, and high-quality glass to guarantee the best possible performance from solar panels is driving the market, the existence of inferior or low-quality substitutes raises issues. Low-quality solar PV glass can lower energy output and pose safety hazards by compromising the longevity, efficiency, and general dependability of solar modules. To preserve the integrity of solar installations and promote long-term trust in the solar energy sector, it is crucial to inform manufacturers, project developers, and consumers about the significance of choosing premium solar PV glass.
Market Competitive Landscape
The Global Solar Photovoltaic Glass Market is moderately fragmented. Some of the market key players are Gruppo STG, Trina Solar Limited., JA Solar Holdings Co. Ltd., Wuxi Suntech Power Co., Ltd., Brite Solar Inc., Onyx Solar Group LLC, Sharp Corporation, Shenzhen Topray Solar Co., Ltd., Borosil Glass Works Limited.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By End User. |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | Gruppo STG, Trina Solar Limited., JA Solar Holdings Co. Ltd., Wuxi Suntech Power Co., Ltd., Brite Solar Inc., Onyx Solar Group LLC, Sharp Corporation, Shenzhen Topray Solar Co., Ltd., Borosil Glass Works Limited.. |
COVID-19 Impact on Global Solar Photovoltaic Glass Market
The global market for solar photovoltaic (PV) glass was significantly impacted by the COVID-19 epidemic, which originally caused substantial supply chain and manufacturing disruptions. Production of solar glass temporarily slowed as a result of plant closures and delays in the delivery of raw materials like silica. This had an effect on solar panel availability, which delayed large-scale installations and temporarily decreased demand. The market was further strained by the delivery of solar glass, which was impacted by logistical issues and rising expenses. However, there was a shift toward green stimulus initiatives as governments realized how important renewable energy was to economic recovery, which increased demand for solar power projects.
Key Target Audience:
- Solar Panel Manufacturers
- Renewable Energy Project Developers
- Construction and Infrastructure Companies
- Electric Utility Companies
- Government and Regulatory Bodies
- Glass Manufacturers and Suppliers
- Investors and Financial Institutions
- Research and Development Organizations
Our in-depth analysis of the Solar Photovoltaic Glass Market includes the following segments:
| By Type: | |
| By End-use Industry: |
Key Topics Covered in the Report:
- Global Solar Photovoltaic Glass Market Size (FY’2024-FY’2033)
- Overview of Global Solar Photovoltaic Glass Market
- Segmentation of Global Solar Photovoltaic Glass Market By Type (Anti-reflective Coated Glass, Tempered Glass, TCO Glass, Others)
- Segmentation of Global Solar Photovoltaic Glass Market By End-use Industry (Residential, Commercial, Utility-scale)
- Statistical Snap of Global Solar Photovoltaic Glass Market
- Expansion Analysis of Global Solar Photovoltaic Glass Market
- Problems and Obstacles in Global Solar Photovoltaic Glass Market
- Competitive Landscape in the Global Solar Photovoltaic Glass Market
- Impact of COVID-19 and Demonetization on Global Solar Photovoltaic Glass Market
- Details on Current Investment in Global Solar Photovoltaic Glass Market
- Competitive Analysis of Global Solar Photovoltaic Glass Market
- Prominent Players in the Global Solar Photovoltaic Glass Market
- SWOT Analysis of Global Solar Photovoltaic Glass Market
- Global Solar Photovoltaic Glass Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Solar Photovoltaic Glass Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Solar Photovoltaic Glass Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Solar Photovoltaic Glass Market
7. Global Solar Photovoltaic Glass Market, By Type (USD Million) 2020-2033
7.1. Global Solar Photovoltaic Glass Market Size, Share and Forecast, By Type, 2020-20267.2. Global Solar Photovoltaic Glass Market Size, Share and Forecast, By Type, 2027-20337.3. Anti-reflective Coated Glass7.4. Tempered Glass7.5. TCO Glass7.6. Others
8. Global Solar Photovoltaic Glass Market, By End-use Industry (USD Million) 2020-2033
8.1. Global Solar Photovoltaic Glass Market Size, Share and Forecast, By End-use Industry, 2020-20268.2. Global Solar Photovoltaic Glass Market Size, Share and Forecast, By End-use Industry, 2027-20338.3. Residential8.4. Commercial8.5. Utility-scale
9. Global Solar Photovoltaic Glass Market Forecast, 2020-2033 (USD Million)
9.1. Global Solar Photovoltaic Glass Market Size and Market Share
10. Global Solar Photovoltaic Glass Market, By Region, 2020-2033 (USD Million)
10.1. Global Solar Photovoltaic Glass Market Size and Market Share By Region (2020-2026)10.2. Global Solar Photovoltaic Glass Market Size and Market Share By Region (2027-2033)10.3. Asia-Pacific
10.3.1. Australia10.3.2. China10.3.3. India10.3.4. Japan10.3.5. South Korea10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France10.4.2. Germany10.4.3. Italy10.4.4. Spain10.4.5. United Kingdom10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia10.5.2. United Arab Emirates10.5.3. Qatar10.5.4. South Africa10.5.5. Egypt10.5.6. Morocco10.5.7. Nigeria10.5.8. Rest of Middle-East and Africa
10.6. North America
10.6.1. Canada10.6.2. Mexico10.6.3. United States
10.7. Latin America
10.7.1. Argentina10.7.2. Brazil10.7.3. Rest of Latin America
11. Company Profile
11.1. Borosil Glass Works Limited
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Brite Solar Inc.
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Gruppo STG
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. JA Solar Holdings Co. Ltd.
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Onyx Solar Group LLC
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Sharp Corporation
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Shenzhen Topray Solar Co., Ltd.
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Trina Solar Limited.
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Wuxi Suntech Power Co., Ltd.
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Solar Photovoltaic Glass Market size is USD 96.36 billion from 2024 to 2033.
Solar Photovoltaic Glass Market is covered By Type, By End User.
The North America is anticipated to have the highest Market share in the Solar Photovoltaic Glass Market.
The key players in the Market include Companies Covered Gruppo STG, Trina Solar Limited., JA Solar Holdings Co. Ltd., Wuxi Suntech Power Co., Ltd., Brite Solar Inc., Onyx Solar Group LLC, Sharp Corporation, Shenzhen Topray Solar Co., Ltd., Borosil Glass Works Limited.
Solar photovoltaic (PV) glass is a type of glass that generates electricity using solar cells. In order to generate power for a whole building, it is installed on the roof or in the façade of structures.
Solar Photovoltaic Glass Market is projected to reach USD 96.36 billion by 2033, growing at a CAGR of 28.79% during the forecast period.
Solar Photovoltaic Glass Market grew in Market size from 2024. The Market is expected to reach USD 96.36 billion by 2033, at a CAGR of 28.79% during the forecast period.
Solar Photovoltaic Glass Market CAGR of 28.79% during the forecast period.
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