Global Solar Photovoltaic Glass Market to be Worth $ 111.6 billion by 2026


Posted January 1, 2020 by ganesha

In April 2019, AGC Glass introduced a brand new version of AGC Glass configurator with multitude tools accompanied with new features and technology.

 
Global Solar Photovoltaic Glass Market By Type (AR Coated Solar PV Glass, Tempered Solar PV Glass, TCO Coated Solar PV Glass, Annealed Solar PV Glass, Other); Module (Crystalline Silicon PV Modules, Amorphous Silicon PV Modules, Thin Film PV Modules); Installation Technology (Float Technology, Pattern Technology); y End-User (Residential, Commercial, Utility)

Market Drivers:

Increase in demand and high adoption of renewable energy sources is expected to increase the growth of the target market.
Increasing awareness among the local people regarding the benefits of renewable energy solutions will drive the market in the future.
The increase in demand for green building technology in residential and offices will drive the market in the forecast period.
Stringent government regulations for reduction of carbon emissions will raise the regional share of the global solar photovoltaic glass market.



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Market Restraints:

High installation costs of solar PV glass technology in the underdeveloped and emerging economies will restrain the market from growing further in the future.
Low operational efficiency of PV modules can hamper the sales of the global solar photovoltaic glass Market.

Market Analysis: Global Solar Photovoltaic Glass Market

Global Solar Photovoltaic Glass market is expected to rise to an estimated value of USD 111.6 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. Easy installation and low operating costs of solar photovoltaic systems drives the growth of the global solar photovoltaic glass market over the forecast period.

Market Definition: Global Solar Photovoltaic Glass Market

Solar PV systems are the ones that help in the conversion of sunlight into electricity which can be used for various electrical applications. Solar PV glass is produced by placing the solar PV cells upon a glass panel focussing sunlight upon it. It is a type of highly engineered construction glass and is successfully replacing conventional building materials in windows, roofs and skylights.

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Segmentation: Global Solar Photovoltaic Glass Market

By Type
AR Coated Solar PV Glass
TCO Coated Solar PV Glass
Tempered Solar PV Glass
Annealed Solar PV Glass
Others

By Module

Crystalline Silicon Module
Amorphous Silicon Module
Thin Film Module
Others

By Installation Technology

Float Technology
Pattern Technology

By End-User

Residential
Commercial
Utility
Power Plants
Military
Space
Defence
Others

Key Developments in the Market:

In April 2019, AGC Glass introduced a brand new version of AGC Glass configurator with multitude tools accompanied with new features and technology. The new product launch will help the company grow further in the competitor market

In August 2019, JA Solar Co., Ltd provided 2.5MW Goodyear solar plant situated in Malaysia with the high-efficiency PERC bifacial double-glass modules in order to enhance the production of renewable energy in Malaysia and also developing solar power for industrial, commercial and agricultural markets.

Competitive Analysis:

Global Solar Photovoltaic Glass market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Solar Photovoltaic Glass market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Issued By Data Bridge Market Research
Country India
Categories Business
Tags solar photovoltaic glass , solar photovoltaic glass analysis , solar photovoltaic glass application , solar photovoltaic glass report , solar photovoltaic glass share , solar photovoltaic glass size , solar photovoltaic glass trends , solar photovoltaic glass markets , solar photovoltaic glass ytpe
Last Updated January 1, 2020