Market Overview:
The global PV glass market is expected to grow at a CAGR of 9.5% from 2018 to 2030. The market growth is attributed to the increasing demand for solar energy across the globe. PV glass is used in silicon solar cells and thin film solar cells. The use of PV glass in silicon solar cells is expected to grow at a CAGR of 10% from 2018 to 2030, while the use of PV glass in thin film solar cells is expected to grow at a CAGR of 8% from 2018 to 2030. The North American region dominates the global PV glass market, followed by Europe and Asia Pacific.
Product Definition:
PV Glass is a type of glass that has been treated with a thin film of silicon in order to make it a conductor of electricity. PV Glass is used in solar panels to convert sunlight into electrical energy.
AR Coated Glass:
AR coated glass is a type of solar PV glass that has an anti-reflective coating applied to the raw material side of the glass. The primary function of AR coated glass is to intensify light by reflecting some of the sun’s energy back into it, however, it also helps in improving other properties such as efficiency and color tolerance.
The global market for AR coated Glass was valued at USD 473 million in 2016.
Tempered Glass:
The global tempered glass market size was valued at USD 7.8 billion in 2016 and is expected to witness significant growth over the forecast period owing to its rising demand from photovoltaic (PV) glass market. PV glass is manufactured using sand, soda ash, and limestone who provide resistance towards thermal stress & structural integrity along with anti-shock properties.
Application Insights:
The silicon solar cells application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The increasing demand for PV panels owing to government initiatives such as Feed-in Tariffs (FiT) and net metering policies are expected to drive the product demand in this application segment over the coming years.
Thin film solar cells emerged as another prominent segment with a volume share of 15.9% in 2017, growing at a significant rate during the past few years owing to its low cost, high efficiency and lightweight properties that make it ideal for mounting on flexible substrates such as glass or plastic. The product is also used extensively by other end-use industries including LED lighting, power electronics among others due to its superior characteristics which include durability, strength against temperature change along with low maintenance costs when compared with conventional crystalline silicon products used in these applications previously.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to growing demand from end-use industries, such as electronics, automobile, building & construction materials. China is projected to remain a key PV glass manufacturing hub owing to low labor cost and availability of raw material at economical prices.
Europe emerged as the second major consumer due to high product demand from Germany which accounts for more than 10% of global production capacity. Tempered glass has gained significant popularity in Europe on account of its superior performance when compared with other types of glass under extreme climatic conditions (high temperature and heavy rainfall). However, tempered glass accounts for a relatively small share in overall European market owing to high cost associated with this type of product formulation coupled with limited application scope compared with AR coated counterparts.
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of the benefits of renewable energy sources and concerns about climate change. This is driving the growth of the PV glass market.
- Declining prices of PV modules: The prices of PV modules have been declining in recent years, making it more affordable to install solar power systems. This is also contributing to the growth of the PV glass market.
- Government incentives and subsidies: Governments around the world are providing incentives and subsidies for installing solar power systems, which is helping to drive demand for PV glass products.
- Growing popularity of green buildings: There is a growing trend towards constructing green buildings, which use renewable energy sources like solar power instead or in addition to traditional sources like electricity or gas heating/cooling systems .This is benefiting the growth prospects ofthePVglassmarket as well.. 5 Increased R&D investments by companies: Leading companies in th
Scope Of The Report
Report Attributes
Report Details
Report Title
PV Glass Market Research Report
By Type
AR Coated Glass, Tempered Glass, TCO Glass, Other
By Application
Silicon Solar Cells, Thin Film Solar Cells
By Companies
Xinyi Solar, FLAT, CSG, Almaden, Anci Hi-Tech, Irico, AVIC Sanxin, Huamei Solar Photovoltaic Glass, Taiwan Glass, Saint-Gobain, NSG, AGC, Interfloat, Guardian, Xiuqiang, Topray Solar, Yuhua, Trakya
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global PV Glass Market Report Segments:
The global PV Glass market is segmented on the basis of:
Types
AR Coated Glass, Tempered Glass, TCO Glass, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Silicon Solar Cells, Thin Film Solar Cells
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Xinyi Solar
- FLAT
- CSG
- Almaden
- Anci Hi-Tech
- Irico
- AVIC Sanxin
- Huamei Solar Photovoltaic Glass
- Taiwan Glass
- Saint-Gobain
- NSG
- AGC
- Interfloat
- Guardian
- Xiuqiang
- Topray Solar
- Yuhua
- Trakya
Highlights of The PV Glass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AR Coated Glass
- Tempered Glass
- TCO Glass
- Other
- By Application:
- Silicon Solar Cells
- Thin Film Solar Cells
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PV Glass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PV glass is a type of solar energy panel that uses light to generate electricity. PV panels are made up of several small, thin sheets of glass that are mounted on a metal frame. When sunlight hits the panels, it causes them to convert sunlight into electrical energy.
Some of the major players in the pv glass market are Xinyi Solar, FLAT, CSG, Almaden, Anci Hi-Tech, Irico, AVIC Sanxin, Huamei Solar Photovoltaic Glass, Taiwan Glass, Saint-Gobain, NSG, AGC, Interfloat, Guardian, Xiuqiang, Topray Solar, Yuhua, Trakya.
The pv glass market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PV Glass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PV Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PV Glass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PV Glass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PV Glass Market Size & Forecast, 2020-2028
4.5.1 PV Glass Market Size and Y-o-Y Growth
4.5.2 PV Glass Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AR Coated Glass
5.2.2 Tempered Glass
5.2.3 TCO Glass
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Silicon Solar Cells
6.2.2 Thin Film Solar Cells
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PV Glass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PV Glass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AR Coated Glass
9.6.2 Tempered Glass
9.6.3 TCO Glass
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Silicon Solar Cells
9.10.2 Thin Film Solar Cells
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AR Coated Glass
10.6.2 Tempered Glass
10.6.3 TCO Glass
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Silicon Solar Cells
10.10.2 Thin Film Solar Cells
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AR Coated Glass
11.6.2 Tempered Glass
11.6.3 TCO Glass
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Silicon Solar Cells
11.10.2 Thin Film Solar Cells
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AR Coated Glass
12.6.2 Tempered Glass
12.6.3 TCO Glass
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Silicon Solar Cells
12.10.2 Thin Film Solar Cells
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AR Coated Glass
13.6.2 Tempered Glass
13.6.3 TCO Glass
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Silicon Solar Cells
13.10.2 Thin Film Solar Cells
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PV Glass Market: Competitive Dashboard
14.2 Global PV Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Xinyi Solar
14.3.2 FLAT
14.3.3 CSG
14.3.4 Almaden
14.3.5 Anci Hi-Tech
14.3.6 Irico
14.3.7 AVIC Sanxin
14.3.8 Huamei Solar Photovoltaic Glass
14.3.9 Taiwan Glass
14.3.10 Saint-Gobain
14.3.11 NSG
14.3.12 AGC
14.3.13 Interfloat
14.3.14 Guardian
14.3.15 Xiuqiang
14.3.16 Topray Solar
14.3.17 Yuhua
14.3.18 Trakya
