Market Overview:
The global solar panel glass market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for solar energy across the globe and technological advancements in the solar panel glass industry. Based on type, the global solar panel glass market is segmented into 3.2mm thick, 2.5mm thick, 2.0mm thick, and other segments.
Product Definition:
Solar Panel Glass is a type of glass that is specifically designed for use in solar panels. It has a low-iron content to minimize the amount of glare and reflection, and it is also tempered to make it strong and durable. Solar panel glass helps to optimize the performance of solar panels by allowing more light to enter while reducing the amount of glare and reflection.
3.2mm Thick:
3.2mm thick solar panel glass market is expected to witness significant growth over the forecast period owing to increasing demand for renewable energy in China, India, and U.S., coupled with growing environmental concerns regarding non-renewable energy usage.
2.5mm Thick:
The global solar panel glass market size was valued at USD 11.8 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for renewable energy, coupled with rising awareness regarding environmental protection, is anticipated to drive the industry growth over the forecast period.
Solar panels are used across various applications including residential, commercial and industrial buildings as well as on farms to generate electricity through photovoltaic effect.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The segment includes CIGS and CSG panels. These panels are further categorized into flexible and rigid; depending on their usage patterns. Rigid solar panel glass is used in space heating applications, whereas flexible solar panel glass is used for power generation purposes in mobile phones, laptops/notebooks etc.
Thin film solar panels emerged as the fastest-growing application segment from 2018 to 2030 owing to increasing demand from residential and commercial sectors globally. Thin film photovoltaic cells are made using polycrystalline silicon that has a lower melting point than regular crystalline silicon; this property makes it suitable for manufacturing thin-film PV modules (solar cells).
Regional Analysis:
Asia Pacific regional market accounted for the largest share of global revenue in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from countries, such as China and Japan. In addition, favorable government policies and rising investments by companies are anticipated to drive the industry growth in this region.
The European solar panel glass market is projected to grow at a significant rate over the forecast period owing to growing installations of solar panels across various countries in this region. For instance, according to IEA Solar Heating & Cooling Report 2018/2019, Europe witnessed an increase in demand for solar heating systems and cooling equipment with a CAGR of XX% from 2019 To 2020; whereas it experienced a decline with a CAGR of XX% from 2020 To 2021 due lack of sun rays shining on that particular year (IEEFA).
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 solar panel glass market.
- Falling prices of solar panels: The prices of solar panels are falling rapidly, making them more affordable for consumers and businesses. This is boosting demand for solar panels, which in turn is driving growth in the market for Solar Panel Glass.
- Government incentives and subsidies: Governments around the world are providing incentives and subsidies to promote adoption of renewable energy sources such as solar power, which is helping to drive growth in the Solar Panel Glass market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Panel Glass Market Research Report
By Type
3.2mm Thick, 2.5mm Thick, 2.0mm Thick, Other
By Application
Thin Film Solar Panels, Crystalline Silicon Solar Panels, Others
By Companies
Xinyi Solar, FLAT, IRICO Group, CNBM, CSG, AVIC Sanxin, ACHT, Almaden, Xinda, Xinfuxing, Xinyi Solar, GMB, Borosil, Spirit Energy, Onyx Solar, Pilkington
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Solar Panel Glass Market Report Segments:
The global Solar Panel Glass market is segmented on the basis of:
Types
3.2mm Thick, 2.5mm Thick, 2.0mm Thick, 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
Thin Film Solar Panels, Crystalline Silicon Solar Panels, Others
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
- IRICO Group
- CNBM
- CSG
- AVIC Sanxin
- ACHT
- Almaden
- Xinda
- Xinfuxing
- Xinyi Solar
- GMB
- Borosil
- Spirit Energy
- Onyx Solar
- Pilkington
Highlights of The Solar Panel 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:
- 3.2mm Thick
- 2.5mm Thick
- 2.0mm Thick
- Other
- By Application:
- Thin Film Solar Panels
- Crystalline Silicon Solar Panels
- Others
- 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 Solar Panel 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
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- 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?
Solar panel glass is a type of solar panel material that uses a special kind of glass to capture and convert sunlight into electricity. Solar panel glass is made from very thin sheets of transparent material that are mounted on top of regular solar panels. The thin sheets allow more light to pass through them, which helps the solar panels to generate more electricity than traditional solar panel materials.
Some of the major companies in the solar panel glass market are Xinyi Solar, FLAT, IRICO Group, CNBM, CSG, AVIC Sanxin, ACHT, Almaden, Xinda, Xinfuxing, Xinyi Solar, GMB, Borosil, Spirit Energy, Onyx Solar, Pilkington.
The solar panel glass market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Panel 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 Solar Panel Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Panel 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 Solar Panel 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 Solar Panel Glass Market Size & Forecast, 2018-2028
4.5.1 Solar Panel Glass Market Size and Y-o-Y Growth
4.5.2 Solar Panel Glass Market Absolute $ Opportunity
Chapter 5 Global Solar Panel Glass 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 Solar Panel Glass Market Size Forecast by Type
5.2.1 3.2mm Thick
5.2.2 2.5mm Thick
5.2.3 2.0mm Thick
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solar Panel Glass 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 Solar Panel Glass Market Size Forecast by Applications
6.2.1 Thin Film Solar Panels
6.2.2 Crystalline Silicon Solar Panels
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Panel 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 Solar Panel 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 Solar Panel Glass Analysis and Forecast
9.1 Introduction
9.2 North America Solar Panel Glass 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 Solar Panel Glass Market Size Forecast by Type
9.6.1 3.2mm Thick
9.6.2 2.5mm Thick
9.6.3 2.0mm Thick
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 Solar Panel Glass Market Size Forecast by Applications
9.10.1 Thin Film Solar Panels
9.10.2 Crystalline Silicon Solar Panels
9.10.3 Others
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 Solar Panel Glass Analysis and Forecast
10.1 Introduction
10.2 Europe Solar Panel Glass 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 Solar Panel Glass Market Size Forecast by Type
10.6.1 3.2mm Thick
10.6.2 2.5mm Thick
10.6.3 2.0mm Thick
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 Solar Panel Glass Market Size Forecast by Applications
10.10.1 Thin Film Solar Panels
10.10.2 Crystalline Silicon Solar Panels
10.10.3 Others
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 Solar Panel Glass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solar Panel Glass 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 Solar Panel Glass Market Size Forecast by Type
11.6.1 3.2mm Thick
11.6.2 2.5mm Thick
11.6.3 2.0mm Thick
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 Solar Panel Glass Market Size Forecast by Applications
11.10.1 Thin Film Solar Panels
11.10.2 Crystalline Silicon Solar Panels
11.10.3 Others
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 Solar Panel Glass Analysis and Forecast
12.1 Introduction
12.2 Latin America Solar Panel Glass 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 Solar Panel Glass Market Size Forecast by Type
12.6.1 3.2mm Thick
12.6.2 2.5mm Thick
12.6.3 2.0mm Thick
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 Solar Panel Glass Market Size Forecast by Applications
12.10.1 Thin Film Solar Panels
12.10.2 Crystalline Silicon Solar Panels
12.10.3 Others
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) Solar Panel Glass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solar Panel Glass 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) Solar Panel Glass Market Size Forecast by Type
13.6.1 3.2mm Thick
13.6.2 2.5mm Thick
13.6.3 2.0mm Thick
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) Solar Panel Glass Market Size Forecast by Applications
13.10.1 Thin Film Solar Panels
13.10.2 Crystalline Silicon Solar Panels
13.10.3 Others
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 Solar Panel Glass Market: Competitive Dashboard
14.2 Global Solar Panel 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 IRICO Group
14.3.4 CNBM
14.3.5 CSG
14.3.6 AVIC Sanxin
14.3.7 ACHT
14.3.8 Almaden
14.3.9 Xinda
14.3.10 Xinfuxing
14.3.11 Xinyi Solar
14.3.12 GMB
14.3.13 Borosil
14.3.14 Spirit Energy
14.3.15 Onyx Solar
14.3.16 Pilkington
