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Global Solar PV Glass Market to reach $3bn by
2024: Global Market Insights Inc.
This Solar PV Glass Market report is an exhaustive research on company’s active in
Solar PV Glass sector, its applications, products, end-users, trends and predictions
on how the market will grow in coming years.
Solar PV Glass Market size could exceed USD 3 billion by 2024, according to a new
research report by Global Market Insights, Inc.
Stringent government norms toward reduction of carbon footprints by increasing the
installation of clean energy sources will stimulate the solar PV glass market size. The
Government of UK, in 2015 had set a target to replace all the conventional fired
power stations with clean systems by 2025. Germany under its Climate Change Act
2008 had set a target to curb carbon footprints by 40% from 1990 level by 2020.
Increasing funding from public and private financial institutions including the World
Bank, Asian Development Bank (ADB) to explore PV potential across developing
regions will foster the solar PV glass market. In 2017, International Solar Association
announced a global funding of about USD 300 billion to support sustainable energy
over next ten years. In 2017, Softbank, Japan announced a funding of about USD
100 billion under its Vision Fund program towards solar installations across India.
Government initiatives towards sustainable energy integration coupled with growing
measures toward energy conservation will augment the U.S. solar PV glass market.
In 2016, The U.S. Government revised its SunShot initiative plans with an aim to
achieve cost targets of about USD 0.05 /Kwh and USD 0.04/ Kwh for residential and
commercial photovoltaic applications respectively.
Annealed solar PV glass market will witness strong growth owing to its cost
competitiveness, and ease of manufacturing. In 2016, a research team from the U.S.
based University of Utah developed latest laser annealing technique in thin film
chalcogenide PV systems with an aim to cut down overall solar manufacturing costs.
Product flexibility subject to heat strengthening, ease of polishing & machining and
easy cutting will further complement demand outlook.
Financial and technical assistance including rebates, subsidies, and asset
leveraging, by government authorities will embellish the solar PV glass market
growth. In 2017, Energy ministry of France awarded an average feed-in-tariff
premium of USD 70.25/MWh towards large-scale ground-based photovoltaic
Crystalline silicon solar PV glass market is set to exceed 5-million-metric tons by
U.S. Solar PV Glass Market Size, By End Use, 2016 & 2024 (USD Million)
Browse key industry insights spread across 310 pages with 744 market data tables &
11 figures & charts from the report, “Solar PV Glass Market Size By Technology
(Float, Pattern), By Product (Annealed, Tempered / Toughened), End Use
(Crystalline Silicon Module, Amorphous Silicon / CdTe Module, Thin-Film CIS /
CIGS Module), Industry Analysis Report, Regional Outlook (U.S., Canada,
Mexico, UK, France, Netherland, Italy, Germany, Sweden, Russia, Spain,
Austria, China, Australia, India, Japan, South Korea, Israel, Saudi Arabia, UAE,
Jordan, South Africa, Egypt, Algeria, Nigeria, Brazil, Chile), Price Trends,
Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table
Netherlands solar PV glass market size in 2016 was valued over USD 20 million.
Ongoing government initiatives to expand rooftop installations along with stringent
norms pertaining to reduction of GHG emissions will drive growth. In 2016,
Government of Netherland has revised its renewable integration targets to 14% by
2020. The government further extended their solar tax scheme in compliance to EU’s
climate action plan.
Rising investments towards energy efficient technology and maintaining energy mix
will drive the UAE solar PV glass market. Independent Power Project bids along with
Engineering, Procurement and Construction programs lead to low LCOE’S, which
will further complement the business growth.
Notable solar PV glass market participants include Nippon, Onyx, Saint Gobain,
Guardian Industries, Guangdong Golden, Xinyi, Sunarc Technology, Borosil, Euro
Multivision, Flat Group, Jin Jing, Hecker Glastechnik, Vidur Glass and Interfloat
Segmentation of Solar PV Glass Market:
Solar PV glass market research report includes in-depth coverage of the
industry with estimates & forecast in terms of volume in sq. Meters and USD Million
from 2013 to 2024, for the following segments:
Solar PV Glass Market, By Technology
Solar PV Glass Market, By Product
Toughened / Tempered
Solar PV Glass Market, By End Use
Crystalline Silicon Module
Amorphous Silicon / CdTe Module
Thin-Film CIS / CIGS Module
The above information is provided on a regional and country basis for the following:
o Saudi Arabia
o South Africa
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
key industries such as chemicals, advanced materials, technology, renewable
energy and biotechnology.
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Global Market Insights, Inc.
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