Solar Photovoltaic Glass: Global Strategic Business Report

Report
242 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 4806115

Global Solar Photovoltaic Glass Market to Reach $53.2 Billion by 2030

The global market for Solar Photovoltaic Glass estimated at US$8.6 Billion in the year 2022, is projected to reach a revised size of US$53.2 Billion by 2030, growing at a CAGR of 25.6% over the analysis period 2022-2030. Utility, one of the segments analyzed in the report, is projected to record a 28.6% CAGR and reach US$30.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Residential segment is readjusted to a revised 23.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 35.5% CAGR

The Solar Photovoltaic Glass market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$16.4 Billion by the year 2030 trailing a CAGR of 35.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.1% and 22.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.1 Billion by the year 2030.

Select Competitors (Total 38 Featured) -

AGC Solar
AVIC Sanxin Co., Ltd.
Borosil Glass Works Ltd.
Changzhou Almaden Co., Ltd.
Dongguan CSG Solar Glass Co., Ltd.
Emmvee Toughened Glass Private Limited
Euroglas GmbH
f | solar GmbH
Flat Glass Group Co., Ltd.
Guangdong Golden Glass Technologies Limited
Guangfeng Solar Glass (Hong Kong) Co., Ltd.
Guardian Glass
Hecker Glastechnik GmbH & Co. KG
Henan Huamei Cinda Industrial Co., Ltd.
Interfloat Corporation
Jinjing Group
Nippon Sheet Glass Co., Ltd.
Qingdao Migo Glass Co., Ltd.
Saint-Gobain SA
Shenzhen Topray Solar Co., Ltd.
Sisecam Flat Glass
Sunarc Technology A/S
Taiwan Glass Industry Corporation
Thermosol Glass India (P) Ltd.
Xinyi Solar Holdings Ltd.

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Solar Photovoltaic Glass Market: Overview & Outlook
Solar Photovoltaic Glass - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Move Towards a Sustainable Energy Economy: Cornerstone for Present & Future Growth of the Market
Expanding Solar Energy Sector to Drive Growth
USA
Europe
China
India
Africa
Rising Adoption of Solar Power Technology in Residential Sector Augurs Well
Corporate Enterprises Embrace Solar Energy
Growing Image of Solar Power in Industrial Settings Augurs Well

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 2: World 8-Year Perspective for Solar Photovoltaic Glass by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2023 & 2030
Table 3: World Recent Past, Current & Future Analysis for Utility by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 4: World 8-Year Perspective for Utility by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 5: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 6: World 8-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for Non-Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 8: World 8-Year Perspective for Non-Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
Table 9: World Solar Photovoltaic Glass Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
Table 10: USA Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 11: USA 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

CANADA

Table 12: Canada Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 13: Canada 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

JAPAN

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
Table 14: Japan Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 15: Japan 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

CHINA

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
Table 16: China Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 17: China 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

EUROPE

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Table 18: Europe Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 19: Europe 8-Year Perspective for Solar Photovoltaic Glass by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2023 & 2030
Table 20: Europe Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 21: Europe 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

FRANCE

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
Table 22: France Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 23: France 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

GERMANY

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
Table 24: Germany Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 25: Germany 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

ITALY

Table 26: Italy Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 27: Italy 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

UNITED KINGDOM

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 28: UK Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 29: UK 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

SPAIN

Table 30: Spain Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 31: Spain 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

RUSSIA

Table 32: Russia Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 33: Russia 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

REST OF EUROPE

Table 34: Rest of Europe Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 35: Rest of Europe 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

ASIA-PACIFIC

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 36: Asia-Pacific Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 37: Asia-Pacific 8-Year Perspective for Solar Photovoltaic Glass by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2023 & 2030
Table 38: Asia-Pacific Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 39: Asia-Pacific 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

AUSTRALIA

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
Table 40: Australia Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 41: Australia 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

INDIA

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
Table 42: India Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 43: India 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

SOUTH KOREA

Table 44: South Korea Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 45: South Korea 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

REST OF ASIA-PACIFIC

Table 46: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 47: Rest of Asia-Pacific 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

LATIN AMERICA

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
Table 48: Latin America Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 49: Latin America 8-Year Perspective for Solar Photovoltaic Glass by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2023 & 2030
Table 50: Latin America Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 51: Latin America 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

ARGENTINA

Table 52: Argentina Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 53: Argentina 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

BRAZIL

Table 54: Brazil Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 55: Brazil 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

MEXICO

Table 56: Mexico Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 57: Mexico 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

REST OF LATIN AMERICA

Table 58: Rest of Latin America Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 59: Rest of Latin America 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

MIDDLE EAST

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
Table 60: Middle East Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 61: Middle East 8-Year Perspective for Solar Photovoltaic Glass by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2023 & 2030
Table 62: Middle East Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 63: Middle East 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

IRAN

Table 64: Iran Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 65: Iran 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

ISRAEL

Table 66: Israel Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 67: Israel 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

SAUDI ARABIA

Table 68: Saudi Arabia Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 69: Saudi Arabia 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

UNITED ARAB EMIRATES

Table 70: UAE Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 71: UAE 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

REST OF MIDDLE EAST

Table 72: Rest of Middle East Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 73: Rest of Middle East 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

AFRICA

Solar Photovoltaic Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Table 74: Africa Recent Past, Current & Future Analysis for Solar Photovoltaic Glass by Application - Utility, Non-Residential and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 75: Africa 8-Year Perspective for Solar Photovoltaic Glass by Application - Percentage Breakdown of Value Sales for Utility, Non-Residential and Residential for the Years 2023 & 2030

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

AGC Solar
AVIC Sanxin Co., Ltd.
Borosil Glass Works Ltd.
Changzhou Almaden Co., Ltd.
Dongguan CSG Solar Glass Co., Ltd.
Emmvee Toughened Glass Private Limited
Euroglas GmbH
f | solar GmbH
Flat Glass Group Co., Ltd.
Guangdong Golden Glass Technologies Limited
Guangfeng Solar Glass (Hong Kong) Co., Ltd.
Guardian Glass
Hecker Glastechnik GmbH & Co. KG
Henan Huamei Cinda Industrial Co., Ltd.
Interfloat Corporation
Jinjing Group
Nippon Sheet Glass Co., Ltd.
Qingdao Migo Glass Co., Ltd.
Saint-Gobain SA
Shenzhen Topray Solar Co., Ltd.
Sisecam Flat Glass
Sunarc Technology A/S
Taiwan Glass Industry Corporation
Thermosol Glass India (P) Ltd.
Xinyi Solar Holdings Ltd.

Table Information

Report Attribute	Details
No. of Pages	242
Published	April 2024
Forecast Period	2022 - 2030
Estimated Market Value ( USD ) in 2022	$ 8.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 53.2 Billion
Compound Annual Growth Rate	25.6%
Regions Covered	Global

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Global Solar Photovoltaic Glass Market to Reach $53.2 Billion by 2030

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 35.5% CAGR

Select Competitors (Total 38 Featured) -

What's New?

Table of Contents

Companies Mentioned (Partial List)

Table Information

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