Global Solar Photovoltaic Glass Market Size, Trends, By Type (Tempered Solar PV Glass, AR Coated Solar PV Glass, TCO Coated Solar PV Glass, and Others), By Technology (Crystalline Silicon, Thin Film, Perovskite), By Application (Residential, Commercial), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Solar Photovoltaic Glass Market
The Global Solar Photovoltaic Glass Market was valued at US$ 4.76 Bn in 2022, estimated to reach US$ 30.46 Bn by 2030, with a CAGR of 26.13% from 2023-2030.
Solar photovoltaic glass is a specialized type of glass used in the construction of solar panels. It is designed to absorb sunlight and convert it into electricity using photovoltaic technology. The growth of the solar industry has driven the demand for solar photovoltaic glass, as more people seek renewable energy solutions to power their homes and businesses. Solar photovoltaic glass is highly durable and can withstand exposure to extreme temperatures, making it an ideal material for use in solar panels.
Market Drivers
The global market for solar photovoltaic glass is being driven by the increasing demand for renewable energy sources and the growing need for sustainable and environmentally friendly energy solutions. Governments and businesses are turning towards renewable energy sources like solar power to meet the growing demand for energy. This has resulted in a surge in demand for solar PV glass, which is a crucial component in the construction of solar panels used in the generation of solar energy. Additionally, the increasing focus on energy-efficient buildings and the rising adoption of green building standards are further driving the growth of the solar PV glass market.
Market Restraints
The global solar photovoltaic glass market may be hindered by the high cost of production of solar PV glass, which ultimately affects its price, making it less affordable for consumers. Another challenge is the intermittent nature of solar energy, which makes it difficult to store and distribute. Furthermore, the market is highly dependent on government subsidies and support, which can be unstable and subject to changes in political priorities. The limited availability of raw materials required for the production of solar PV glass is also a significant constraint to the market's growth.
Market Segmentation
The scope of the global solar photovoltaic glass market covers segmentation based on type, technology, application, and region. Based on type, the market is segmented into Tempered Solar PV Glass, AR Coated Solar PV Glass, TCO Coated Solar PV Glass, and others. Based on technology, the market is segmented as crystalline silicon, thin film, and perovskite. Further, the market is segmented into applications, such as residential and commercial.
Regional Analysis
The global solar photovoltaic glass market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific, and particularly China, is the dominant and fastest-growing region in the market. China has been a major player in the solar industry, with a strong focus on renewable energy and large-scale deployment of solar photovoltaic systems. This has contributed to the growth of the solar photovoltaic glass market in the region. Other countries in Asia Pacific such as Japan, India, and South Korea have also shown substantial growth in the solar photovoltaic industry, contributing to the dominance of the region.
Key Players
Nippon Sheet Glass Co Ltd, Xinyi Solar Holdings Ltd, Saint-Gobain, Borosil Renewables Limited, Taiwan Glass Ind Corp, AGC Inc, Sisecam Flat Glass, Guardian Industries, China-Henan Huamei Chemical Co Ltd, Onyx Solar Group LLC, etc.
Market Taxonomy
By Type
• Tempered Solar PV Glass
• AR Coated Solar PV Glass
• TCO Coated Solar PV Glass
• Others
By Technology
• Crystalline Silicon
• Thin Film
• Perovskite
By Application
• Residential
• Commercial
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in the Global Solar Photovoltaic Glass Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Solar Photovoltaic Glass
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Solar Photovoltaic Glass Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Solar Photovoltaic Glass, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Solar Photovoltaic Glass Share Analysis, By Type
5.3 Global Solar Photovoltaic Glass Size and Forecast, By Type
5.3.1 Tempered Solar PV Glass
5.3.2 AR Coated Solar PV Glass
5.3.3 TCO Coated Solar PV Glass
5.3.4 Others
6 Global Solar Photovoltaic Glass, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Solar Photovoltaic Glass Share Analysis, By Technology
6.3 Global Solar Photovoltaic Glass Size and Forecast, By Technology
6.3.1 Crystalline Silicon
6.3.2 Thin Film
6.3.3 Perovskite
7 Global Solar Photovoltaic Glass, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Solar Photovoltaic Glass Share Analysis, By Application
7.3 Global Solar Photovoltaic Glass Size and Forecast, By Application
7.3.1 Residential
7.3.2 Commercial
8 Global Solar Photovoltaic Glass, By Region
8.1 Global Solar Photovoltaic Glass Share Analysis, By Region
8.2 Global Solar Photovoltaic Glass Size and Forecast, By Region
8.3 Global Solar Photovoltaic Glass Trends and Forecast, By Region
9 North America Solar Photovoltaic Glass Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Solar Photovoltaic Glass Share Analysis, By Type
9.3 North America Solar Photovoltaic Glass Size and Forecast, By Technology
9.4 North America Solar Photovoltaic Glass Size and Forecast, By Application
9.5 North America Solar Photovoltaic Glass Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Technology
9.5.1.3 Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Technology
9.5.2.3 Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Technology
9.5.3.3 Market Size and Forecast, By Application
10 Europe Solar Photovoltaic Glass Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Solar Photovoltaic Glass Share Analysis, By Type
10.3 Europe Solar Photovoltaic Glass Size and Forecast, By Technology
10.4 Europe Solar Photovoltaic Glass Size and Forecast, By Application
10.5 Europe Solar Photovoltaic Glass Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Technology
10.5.1.3 Market Size and Forecast, By Application
10.5.2 France
10.5.2.1 Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Technology
10.5.2.3 Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Technology
10.5.3.3 Market Size and Forecast, By Application
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Technology
10.5.4.3 Market Size and Forecast, By Application
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Technology
10.5.5.3 Market Size and Forecast, By Application
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Technology
10.5.6.3 Market Size and Forecast, By Application
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Technology
10.5.7.3 Market Size and Forecast, By Application
11 Asia Pacific Solar Photovoltaic Glass Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Solar Photovoltaic Glass Share Analysis, By Type
11.3 Asia Pacific Solar Photovoltaic Glass Size and Forecast, By Technology
11.4 Asia Pacific Solar Photovoltaic Glass Size and Forecast, By Application
11.5 Asia Pacific Solar Photovoltaic Glass Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Technology
11.5.1.3 Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Technology
11.5.2.3 Market Size and Forecast, By Application
11.5.3 India
11.5.3.1 Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Technology
11.5.3.3 Market Size and Forecast, By Application
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Technology
11.5.4.3 Market Size and Forecast, By Application
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Technology
11.5.5.3 Market Size and Forecast, By Application
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Technology
11.5.6.3 Market Size and Forecast, By Application
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Technology
11.5.7.3 Market Size and Forecast, By Application
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Type
11.5.8.2 Market Size and Forecast, By Technology
11.5.8.3 Market Size and Forecast, By Application
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Type
11.5.9.2 Market Size and Forecast, By Technology
11.5.9.3 Market Size and Forecast, By Application
12 Latin America Solar Photovoltaic Glass Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Solar Photovoltaic Glass Share Analysis, By Type
12.3 Latin America Solar Photovoltaic Glass Size and Forecast, By Technology
12.4 Latin America Solar Photovoltaic Glass Size and Forecast, By Application
12.5 Latin America Solar Photovoltaic Glass Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Type
12.5.1.2 Market Size and Forecast, By Technology
12.5.1.3 Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Type
12.5.2.2 Market Size and Forecast, By Technology
12.5.2.3 Market Size and Forecast, By Application
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Type
12.5.3.2 Market Size and Forecast, By Technology
12.5.3.3 Market Size and Forecast, By Application
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Type
12.5.4.2 Market Size and Forecast, By Technology
12.5.4.3 Market Size and Forecast, By Application
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Type
12.5.5.2 Market Size and Forecast, By Technology
12.5.5.3 Market Size and Forecast, By Application
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Type
12.5.6.2 Market Size and Forecast, By Technology
12.5.6.3 Market Size and Forecast, By Application
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Type
12.5.7.2 Market Size and Forecast, By Technology
12.5.7.3 Market Size and Forecast, By Application
13 Middle East Solar Photovoltaic Glass Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Solar Photovoltaic Glass Share Analysis, By Type
13.3 Middle East Solar Photovoltaic Glass Size and Forecast, By Technology
13.4 Middle East Solar Photovoltaic Glass Size and Forecast, By Application
13.5 Middle East Solar Photovoltaic Glass Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Type
13.5.1.2 Market Size and Forecast, By Technology
13.5.1.3 Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Type
13.5.2.2 Market Size and Forecast, By Technology
13.5.2.3 Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Type
13.5.3.2 Market Size and Forecast, By Technology
13.5.3.3 Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Type
13.5.4.2 Market Size and Forecast, By Technology
13.5.4.3 Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Type
13.5.5.2 Market Size and Forecast, By Technology
13.5.5.3 Market Size and Forecast, By Application
13.5.6 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Type
13.5.6.2 Market Size and Forecast, By Technology
13.5.6.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Nippon Sheet Glass Co Ltd
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Xinyi Solar Holdings Ltd
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Saint-Gobain
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Borosil Renewables Limited
15.4.1 Overview
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Taiwan Glass Ind Corp
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Evonik Industries AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 AGC Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Sisecam Flat Glass
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Guardian Industries
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 China-Henan Huamei Chemical Co Ltd
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Onyx Solar Group LLC
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
