Solar photovoltaic glass market is expected to grow at a considerable rate during the forecast period 2019-2025. Solar PV glass is a technology that allows converting light into electricity. It is considered as one of the essential barriers that protect solar PV cells against external damaging factors, such as dirt, water, and vapor. The glass has significant importance as it can create a major difference in the efficiency of the solar panel. The anti reflective coating on solar panel glass can enhance the percentage of captured sunlight from solar PV cells and decrease the amount of reflected light. It encourages the strength and efficiency of solar PV panels. Solar PV glass is one of the major components used in solar PV systems as it enables to transmit as much as sunlight into the module. In addition, a standard solar panel comprises a glass casing at the panel front that enables to add protection and durability for silicon PV. The major factors boosting the adoption of solar PV glass include rising solar PV installations and cohesive government regulations for renewable energy sources. For instance, in January 2019, the Indian government accepted the proposal for implementation of decentralized and off-grid solar PV applications programme (phase-III). This program is intended to expand further 118 Mega Watt peak (MWp) off-grid solar PV capacity by 2020. It has a significant impact on the remote and rural areas where grid power is either not reliable or reached.
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Furthermore, in November 2018, the US government approves 500 MW solar PV project in California. This is referred to as Palen Solar Project that will cover up BLM-administered lands of 1,270 hectares. This would permit to power nearly 130,000 homes and uses over 1,000 individuals during the project. This includes an on-site construction workforce of over 550 employees and will comprise a 7-mile 230-kV generation interconnection transmission line that provides power through the Southern California Edison Red Bluff Substation. The station delivers power under a purchase power agreement (PPA). This kind of favorable support towards solar projects to meet energy requirements is a key driving force for the growth of the market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Solar PV Glass Market by Type
- Flat Plate
- Tempered
Global Solar PV Glass Market by Application
- Residential
- Non-Residential
- Utility
- Global Solar PV Glass Market by Module Type
- Crystalline Silicon Solar Panels
- Thin-Film Solar Panels
- Amorphous Silicon
- Cadmium Telluride
- Copper Indium Gallium Selenide
- Concentrated Solar Power (CSP)
REGIONAL ANALYSIS
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
COMPANY PROFILES
- AGC, Inc.
- AVIC Sanxin Co., Ltd.
- Borosil Glass Works, Ltd.
- Brite Hellas S.A.
- Cardinal Glass Industries, Inc.
- Euroglas GmbH
- f I solar GmbH
- Flat Glass Group Co., Ltd.
- Guardian Industries Holdings, LLC
- Interfloat Corp.
- Jinko Solar Co., Ltd.
- Navitas Green Solutions Pvt. Ltd.
- Nippon Sheet Glass Co., Ltd.
- Onyx Solar Group, LLC
- Polysolar, Ltd.
- Saint-Gobain Group
- Sisecam Group
- Taiwan Glass Industry Corp.
- TG Yueda Solar Mirror Co., Ltd.
- Vidurglass S.L.
- Xinyi Solar Holdings Ltd.
The Report Covers:
- Comprehensive research methodology of the global solar PV glass market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global solar PV glass market.
- Insights about market determinants which are stimulating the global solar PV glass market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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