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Solar PV Glass Market by Future Opportunities, Demand Analysis & Outlook To 2024

Author : Ronak Bora | Published Date : 2020-09-11 

Solar PV glass market from annealed is anticipated to witness substantial growth due to its ease of manufacturing and cost competitiveness. In 2016, the University of Utah developed a laser annealing method in thin film photovoltaic systems with an objective to cut down overall manufacturing costs. Ease of polishing & machining, easy cutting, and product flexibility regarding heat strengthening will further complement the industry outlook.

On the technology front, solar PV glass market is segmented into two types namely float and pattern. The pattern solar PV glass industry share is expected to depict an annual growth rate of 6% over the period of 2017-2024, owing to its better aesthetics, easy lamination, non-blinding effect, and desired degree of transparency. On other hand, the float solar PV glass industry also holds a significant market chunk as it finds extensive applications in thin film photovoltaic modules.

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Solar PV glass market from thin film CIS / CIGS segment is likely to register a CAGR of 9% over 2017-2024. Moreover, the use of low iron pattern and float glasses for manufacturing crystalline modules has considerably impelled the solar PV glass industry.

Global Solar PV Glass Market is anticipated to surpass USD 3 billion by 2024. Increasing capital support from private and public financial organizations including Asian Development Bank (ADB) and World Bank to explore the untapped photovoltaic potential across developing economies will enhance the solar PV glass industry. In 2017, the European Investment Bank (EIB) conceded a long term financial support of over USD 230 million to the State Bank of India (SBI) to successfully implement the national solar mission in the country.

Stringent government policies to curb the carbon emissions coupled with increasing installation of sustainable energy sources will boost the solar PV glass market. In 2015, the government of UK introduced a target to substitute the fossil fuel fired power stations across the country with clean energy systems by 2025. The initiative will significantly support its national objective to achieve the long-term emission reduction target of 80% by 2050 with reference to 1990 levels.

China is a major consumer, producer, and exporter of photovoltaic systems and accounted for more than 50% of the overall solar PV glass market in 2016. In December 2016, the Chinese government amended its Thirteenth Five Year Plan to improve the countries photovoltaic energy sector with an aim to achieve at least 23% of efficiency in large scale production of crystalline silicon photovoltaic cells by 2020.

UK solar PV glass industry has also been gaining traction of late. In 2016, the UK government proclaimed a complete phase-out of the standing coal fired stations by 2025. Moreover, stringent government regulations for curbing the carbon emissions has resulted into several government initiatives to install rooftop solar PV units, which is turn has raised the regional share for solar PV glass industry.

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Key industry player in Solar PV glass market includes Nippon, Sunarc Technology, Onyx, Saint Gobain, Jin Jing Group, Guardian Industries, Guangdong Golden, Vidur Glass, Xinyi, Borosil, Euro Multivision India, Flat Group, Hecker Glastechnik, and Interfloat Corporation.

Table of Contents (ToC) of the report:

Chapter 5.   Solar PV Glass Market, By Product

5.1.   Global market share by product, 2016 & 2024

5.2.   Annealed

5.2.1.   Annealed market, 2013 – 2024

5.2.2.   Annealed market volume by region, 2013 – 2024

5.2.3.   Annealed market revenue by region, 2013 – 2024

5.3.    Toughened / Tempered

5.3.1.   Toughened / Tempered market, 2013 – 2024

5.3.2.   Toughened / Tempered market volume by region, 2013 – 2024

5.3.3.   Toughened / Tempered market revenue by region, 2013 – 2024

Chapter 6.    Solar PV Glass Market, By End Use

6.1. Global market share by end use, 2016 & 2024

6.2. Crystalline silicon module

6.2.1.   Crystalline silicon module market, 2013 – 2024

6.2.2.   Crystalline silicon module market volume by region, 2013 – 2024

6.2.3.   Crystalline silicon module market revenue by region, 2013 – 2024

6.3. Amorphous Silicon / CdTe Module

6.3.1.   Amorphous Silicon / CdTe Module market, 2013 – 2024

6.3.2.   Amorphous Silicon / CdTe Module market volume by region, 2013 – 2024

6.3.3.   Amorphous Silicon / CdTe Module market revenue by region, 2013 – 2024

6.4. Thin-Film CIS / CIGS Module

6.4.1.   Thin-Film CIS / CIGS Module market, 2013 – 2024

6.4.2.   Thin-Film CIS / CIGS Module market volume by region, 2013 – 2024

6.4.3.   Thin-Film CIS / CIGS Module market revenue by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/solar-pv-glass-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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