Market Overview:
The global photovoltaic glass market is expected to grow at a CAGR of over 10% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solar energy across the globe. In addition, government initiatives and subsidies for installation of solar panels are also fueling the growth of this market. The poly-crystalline segment is expected to dominate the global photovoltaic glass market during the forecast period, owing to its low cost as compared to other types of PV glasses. However, mono-crystalline PV glasses are witnessing a higher growth rate due their high efficiency and longer lifespan as compared to poly-crystalline PV glasses. Thin film PV glasses are also growing at a fast pace due their low manufacturing costs and easy installation process. Commercial applications dominated the global photovoltaic glass market in 2017 and is expected to continue its dominance duringthe forecast period as well.
Product Definition:
Photovoltaic glass is a type of glass designed to facilitate the conversion of sunlight into electrical energy. Photovoltaic glass is important because it can be used to create solar panels, which are devices that convert sunlight into electrical energy.
Poly-Crystalline:
Poly-crystalline silicon is the most dominant PV glass type and accounts for more than 80% of global market volume. It has high absorption coefficient as compared to monocrystalline and polycrystalline grades, which results in higher energy yield. Furthermore, it possesses low weight percent as well as lower cost per watt compared to its counterparts making it a preferred choice among manufacturers across the globe.
Mono-Crystalline:
Mono-crystalline PV glass is a type of crystalline silicon wafer that has an extremely high melting point. It has the ability to absorb more light than polycrystalline and low-crystalline PV glasses, making it ideal for use in thin film solar cells. The material possesses properties such as high purity, low defects, and ultrahigh temperature which make it suitable for various applications including power stations along with consumer electronics devices such as smartphones and tablets.
Application Insights:
The commercial application segment accounted for the largest share of more than 50% in 2017. The growing demand for solar energy in countries, such as Japan, China and India to meet rising electricity needs is expected to propel the growth over the forecast period.
Residential application is projected to be fastest-growing segment owing to increasing government support & subsidies coupled with feed-in tariff schemes that offer financial benefits for installing photovoltaic systems on homes. In addition, rapid urbanization along with rising living standards has created a high demand for residential buildings which are primarily used as an effective medium of generating electricity through solar power plants or PV system on roofs. This trend is expected to drive market growth over the forecast period.
Industrial applications include manufacturing facilities, data centers and others such as sports stadiums and arenas that require large scale photovoltaic installations due to increased energy costs along with environmental benefits associated with renewable sources of energy generation such as wind power.
Regional Analysis:
Asia Pacific accounted for the largest market share of over 35% in 2016. The region is expected to maintain its lead throughout the forecast period owing to increasing installation of photovoltaic systems across commercial and residential sectors. China, India, South Korea, Japan are some of the countries with high PV glass production capacity and consumption in this region.
North America is projected to be one of the fastest-growing regional markets from 2017 to 2030 due to growing awareness about environmental protection along with technological advancements such as miniaturization and cost-effective manufacturing processes used for polycrystalline silicon based products. Moreover, presence of supportive government policies aimed at reducing carbon footprint by promoting renewable energy sources will drive industry growth over coming years.
Growth Factors:
- Increasing demand for renewable energy: The global increase in awareness about the benefits of using renewable energy is one of the primary growth drivers for the photovoltaic glass market. Governments and private organizations are investing in research and development to find new ways to use solar power as a source of energy, which is expected to create opportunities for photovoltaic glass manufacturers in the near future.
- Technological advancements: The continuous advancement in technology has led to the development of more efficient and affordable photovoltaic glass products, thereby driving market growth. In addition, growing investments by key players into R&D activities are likely to result in further innovations that could boost demand for these products over the next few years.
- Rising concerns over climate change: The increasing concerns over climate change and its impact on human health and environment have led many governments across the globe to promote clean energy initiatives, which is benefiting the overall photovoltaic glass market growth rate significantly. This trend is likely to continue during forecast period as well, thus propelling demand for these products even further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Photovoltaic Glass Market Research Report
By Type
Poly-Crystalline, Mono-Crystalline, Thin Film
By Application
Commercial, Residential, Industrial
By Companies
Xinyi Solar, FLAT, CSG, Almaden, Anci Hi-Tech, Irico Group, AVIC Sanxin, 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Photovoltaic Glass Market Report Segments:
The global Photovoltaic Glass market is segmented on the basis of:
Types
Poly-Crystalline, Mono-Crystalline, Thin Film
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
Commercial, Residential, Industrial
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 Group
- AVIC Sanxin
- Saint-Gobain
- NSG
- AGC
- Interfloat
- Guardian
- Xiuqiang
- Topray Solar
- Yuhua
- Trakya
Highlights of The Photovoltaic 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:
- Poly-Crystalline
- Mono-Crystalline
- Thin Film
- By Application:
- Commercial
- Residential
- Industrial
- 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 Photovoltaic 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?
Photovoltaic glass is a type of solar energy panel that uses sunlight to generate electricity. It's made up of several layers of thin, transparent material that convert sunlight into electrical current.
Some of the major players in the photovoltaic glass market are Xinyi Solar, FLAT, CSG, Almaden, Anci Hi-Tech, Irico Group, AVIC Sanxin, Saint-Gobain, NSG, AGC, Interfloat, Guardian, Xiuqiang, Topray Solar, Yuhua, Trakya.
The photovoltaic glass market is expected to grow at a compound annual growth rate of 10%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Photovoltaic Glass Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Photovoltaic Glass Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Photovoltaic Glass Market - Supply Chain
4.5. Global Photovoltaic Glass Market Forecast
4.5.1. Photovoltaic Glass Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Photovoltaic Glass Market Size (000 Units) and Y-o-Y Growth
4.5.3. Photovoltaic Glass Market Absolute $ Opportunity
5. Global Photovoltaic Glass Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Photovoltaic Glass Market Size and Volume Forecast by Type
5.3.1. Poly-Crystalline
5.3.2. Mono-Crystalline
5.3.3. Thin Film
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Photovoltaic Glass Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Photovoltaic Glass Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Photovoltaic Glass Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Photovoltaic Glass Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Photovoltaic Glass Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Photovoltaic Glass Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Photovoltaic Glass Demand Share Forecast, 2019-2026
9. North America Photovoltaic Glass Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Photovoltaic Glass Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Photovoltaic Glass Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.4.3. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Photovoltaic Glass Market Size and Volume Forecast by Type
9.7.1. Poly-Crystalline
9.7.2. Mono-Crystalline
9.7.3. Thin Film
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Photovoltaic Glass Demand Share Forecast, 2019-2026
10. Latin America Photovoltaic Glass Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Photovoltaic Glass Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Photovoltaic Glass Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.4.3. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Photovoltaic Glass Market Size and Volume Forecast by Type
10.7.1. Poly-Crystalline
10.7.2. Mono-Crystalline
10.7.3. Thin Film
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Photovoltaic Glass Demand Share Forecast, 2019-2026
11. Europe Photovoltaic Glass Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Photovoltaic Glass Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Photovoltaic Glass Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.4.3. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Photovoltaic Glass Market Size and Volume Forecast by Type
11.7.1. Poly-Crystalline
11.7.2. Mono-Crystalline
11.7.3. Thin Film
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Photovoltaic Glass Demand Share, 2019-2026
12. Asia Pacific Photovoltaic Glass Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Photovoltaic Glass Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Photovoltaic Glass Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.4.3. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Photovoltaic Glass Market Size and Volume Forecast by Type
12.7.1. Poly-Crystalline
12.7.2. Mono-Crystalline
12.7.3. Thin Film
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Photovoltaic Glass Demand Share, 2019-2026
13. Middle East & Africa Photovoltaic Glass Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Photovoltaic Glass Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Photovoltaic Glass Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.4.3. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Photovoltaic Glass Market Size and Volume Forecast by Type
13.7.1. Poly-Crystalline
13.7.2. Mono-Crystalline
13.7.3. Thin Film
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Photovoltaic Glass Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Photovoltaic Glass Market: Market Share Analysis
14.2. Photovoltaic Glass Distributors and Customers
14.3. Photovoltaic Glass Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Xinyi Solar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FLAT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CSG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Almaden
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Anci Hi-Tech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Irico Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AVIC Sanxin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Saint-Gobain
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NSG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AGC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Interfloat
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guardian
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xiuqiang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Topray Solar
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yuhua
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Trakya
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
