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Global Solar PV Glass Market: By Application: Non-residential, Residential, Utility; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Solar PV Glass Market Outlook

The global solar PV glass market attained a value of nearly USD 7.11 billion in 2021. The market is further estimated to grow in the forecast period of 2023-2028 at a CAGR of 28.60% to reach about USD 32.98 billion by 2027.

 

Growing Adoption of Clean Energy Sources to Bolster the Market for Solar PV Glass

The solar PV glass market is being driven by the robust growth of the construction industry. As the industry is increasingly adopting advanced technologies and clean energy sources due to the rising environmental concerns, the deployment of solar PV glass is growing. The rapid transformation of the global solar energy landscape and easy installation of solar PV glass is also boosting the market growth of solar PV glass. The other factors propelling the demand for solar PV glass are the evolving solar industry, rapid modernisation and urbanisation, and the increasing utilisation of solar PV glass in different applications in the utility, residential and non-residential sectors.

Various leading manufacturers are developing new products with superior thermal insulation and higher efficacy, which is further supporting the solar PV glass market growth. Moreover, the rising focus of various developing and developed countries on increasing solar installations and the growing popularity of the green building concept are expected to bolster the market growth of solar PV glass during the forecast period across the globe.

 

Market Segmentation

Solar PV glass is a glass that uses solar cells to convert solar energy into electricity. It is typically installed on roofs of buildings to produce power that can be used by the entire building. Solar PV glasses contribute to sustainability and reduce carbon footprint while bolstering the cost-effectiveness of facilities, due to which it is increasingly preferred in various end-use sectors.

The market for solar PV glass, by application, is divided into:

  • Non-residential
  • Residential
  • Utility

The EMR report looks into the regional markets of solar PV glass like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

 

The Asia Pacific to Hold a Significant Share in the Market for Solar PV Glass

The market for solar PV glass in the Asia Pacific is anticipated to witness significant growth on account of technological advancements and innovations and the rising government investment in the future of solar glass in the region. Countries like India and China are expected to gain momentum in the market of solar PV glass due to the introduction of various favourable initiatives by governments like the imposition of Basic Customs Duty (BCD) on the import of solar PV cells and Modified Special Incentive Package Scheme (M-SIPS) Scheme to promote local development and manufacturing of renewable energy technologies. Moreover, the mass production and commercialisation of solar PV glasses in China are anticipated to further boost the market growth in the region, which is likely to significantly contribute to the overall growth of the solar PV glass market.

 

Key Players in the Global Market for Solar PV Glass

The report presents a detailed analysis of the following key players in the global solar PV glass market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Onyx Solar Group LLC
  • Sharp Corporation
  • Saint-Gobain
  • Nippon Sheet Glass Co., Ltd.
  • Trina Solar Co., Ltd.
  • Wuxi Suntech Power Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Non-residential
  • Residential
  • Utility
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Onyx Solar Group LLC
  • Sharp Corporation
  • Saint-Gobain
  • Nippon Sheet Glass Co., Ltd.
  • Trina Solar Co., Ltd.
  • Wuxi Suntech Power Co., Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Application
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Solar PV Glass Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Solar PV Glass Historical Market (2018-2022) 
    8.3    Global Solar PV Glass Market Forecast (2023-2028)
    8.4    Global Solar PV Glass Market by Application
        8.4.1    Non-residential
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Residential
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Utility
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Solar PV Glass Market by Region       
        8.5.1    North America
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Europe
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Asia Pacific
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022) 
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Latin America
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022) 
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Middle East and Africa
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022) 
            8.5.5.3    Forecast Trend (2023-2028)
9    North America Solar PV Glass Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Solar PV Glass Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Solar PV Glass Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Solar PV Glass Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Solar PV Glass Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Onyx Solar Group LLC
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Sharp Corporation
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Saint-Gobain
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Nippon Sheet Glass Co., Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Trina Solar Co., Ltd.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Wuxi Suntech Power Co., Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and  Developments in the Market

 

List of Figures and Tables

1.    Global Solar PV Glass Market: Key Industry Highlights, 2018 and 2028
2.    Global Solar PV Glass Historical Market: Breakup by Application (USD Billion), 2018-2022
3.    Global Solar PV Glass Market Forecast: Breakup by Application (USD Billion), 2023-2028
4.    Global Solar PV Glass Historical Market: Breakup by Region (USD Billion), 2018-2022
5.    Global Solar PV Glass Market Forecast: Breakup by Region (USD Billion), 2023-2028
6.    North America Solar PV Glass Historical Market: Breakup by Country (USD Billion), 2018-2022
7.    North America Solar PV Glass Market Forecast: Breakup by Country (USD Billion), 2023-2028
8.    Europe Solar PV Glass Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    Europe Solar PV Glass Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Asia Pacific Solar PV Glass Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Asia Pacific Solar PV Glass Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Latin America Solar PV Glass Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Latin America Solar PV Glass Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Middle East and Africa Solar PV Glass Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Middle East and Africa Solar PV Glass Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Global Solar PV Glass Market Structure

Key Questions Answered in the Report

In 2021, the global solar PV glass market attained a value of nearly USD 7.11 billion.

The market is assessed to grow at a CAGR of 28.60% between 2023 and 2028.

The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach almost USD 32.98 billion by 2027.

The major market drivers are rapid urbanisation, the growing construction industry, and the introduction of various favourable government initiatives to boost solar development.

The key trends guiding the growth of the market include technological advancements and innovations, the surging adoption of clean energy sources, and the growing launches of diversified solar PV glasses by leading market players.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various applications of solar PV glass in the market include non-residential, residential, and utility.

The major players in the market are Onyx Solar Group LLC, Sharp Corporation, Saint-Gobain, Nippon Sheet Glass Co., Ltd., Trina Solar Co., Ltd., and Wuxi Suntech Power Co., Ltd., among others.

Analyst Review

The global solar PV glass market attained a value of nearly USD 7.11 billion in 2021, driven by the growing adoption of solar energy. Aided by the introduction of favourable government initiatives to fuel solar power developments, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 28.60%. The market is estimated to reach about USD 32.98 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The market for solar PV glass, by application, is divided into non-residential, residential, and utility. The major regional markets for solar PV glass are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Onyx Solar Group LLC, Sharp Corporation, Saint-Gobain, Nippon Sheet Glass Co., Ltd., Trina Solar Co., Ltd., and Wuxi Suntech Power Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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