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Solar Photovoltaic Glass Market by Application, Type, End User, Region - Global Forecast to 2022

Solar Photovoltaic Glass Market: Global Forecast until 2022

  • June 2017
  • 161 pages
  • ID: 4970260
In this report:
According to IEA, the PV installed capacity of Japan reached ##.## GW (DC) in 2015, witnessing an increase of ##% as compared to 2014.
According to Glass Manufacturers Association of North America, the industrial salt prices have increased by ##% from 2013 to 2014, and soda ash prices have increased by ##% between 2013 and 2014.

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"The solar photovoltaic glass market is estimated to rise at a compound annual growth rate of 33.40 percent between 2017 and 2022 in terms of value."

The solar PV glass market is forecasted to grow from ~$4.4B in 2017 to ~$18.5B by 2022, at a compound annual growth rate of 33.40 percent between 2017 and 2022. Expanded demand for solar photovoltaic glass from the residential, non-residential, and utility markets is anticipated to fuel the rise of the solar PV glass market during the outlook period. This increased demand for solar PV glass can be accredited to the growing awareness across the world about the hazardous effects of carbon emissions on the environment.

"Among applications, the utility segment is projected to dominate the solar PV glass market between 2017 and 2022."

The utility application segment led the solar PV glass market in 2016. The increase of the utility application segment of the solar PV glass market can be connected to rising installations of utility-scale solar power plants across the world.

"Among types, the AR coated segment is forecasted to dominate the solar PV glass market during the estimate period."

The AR coated type segment led the solar PV glass market in 2016. Solar PV glass affords better mechanical and electrical properties as distinguished to other thermoplastic films. Furthermore, the manufacturers of solar cells across the world are making efforts to improve efficiency and reduce the production cost of solar modules. Anti-reflective coated glass is widely used in photovoltaic modules, according to its high power and energy output.

"The Asia-Pac region led the solar PV glass market in 2016 while the North America solar PV glass market is expected to rise at the highest CAGR (Compound annual growth rate) between 2017 and 2022."

The North America solar PV glass market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period. The rise of the North America solar PV glass market can be accredited to the growing demand for solar energy across the world and growing number of initiatives undertaken by governments of different countries to minimize emissions of greenhouse gases. Strong demand for solar energy from territories, including the U.S. and Canada (CA) is also fueling the increase of the North America solar PV glass market. The Asia Pacific (APAC) area led the solar PV glass market in 2016.

Profile break-up of primary participants for the study:

• By Company category: Tier 1 - 45.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-suite - 25.0 percent, and Others - 40.0 percent

• By Area: Asia Pacific (APAC) - 23.0 percent, Europe (EU) - 51.0 percent, North America continent - 15.0 percent, Middle East (ME) & African continent - 7.0 percent, and South America region - 4.0 percent

As a part of qualitative analysis, this market research offers a comprehensive view of the drivers, business restraints, alternatives, and challenges of the solar PV glass market. It also considers competitive landscape approved by a number of market actors, including AGC Solar, Nippon Sheet Glass Co., Limited, Taiwan Glass Ind. Corp., Xinyi Solar Holdings Ltd., Sisecam Flat Glass, Guardian Glass, Saint-Gobain Solar, Borosil Glass Works Ltd., Henan Huamei Cinda Industrial Co., Limited, Guangfeng Solar Glass Co., Limited, Flat Glass Co., Limited, Interfloat Corporation, Guangdong Golden Glass Technologies, Hecker Glastechnik GmbH & Co. KG, F solar GmbH, Emmvee Toughened Glass Private Limited, and Euroglas to enhance their rank in the solar PV glass market.

Segment Research

This market report defines, segments, and projects the solar PV glass market based on application, category, end-user, and area. It offers exhaustive information concerning top factors, including drivers, industry restraints, possibilities, and market-specific challenges influencing the rise of the solar PV glass market. It strategically profiles the top actors operating in the sector and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments, including joint ventures, mergers & acquisitions, business developments, and recent product launches that take place in the industry.

Why acquiring this study can help you:

This business report is expected to benefit the market top players/new sector entrants by providing them the closest approximations of revenue numbers of the solar PV glass market and its sub-segments. This industry report is also anticipated to provide partners with an improved understanding of the competitive landscape of the sector to benefit business insights to enhance the position of their businesses and make suitable go-to-market approaches. The market research allows partners to comprehend the pulse of the sector and offers them information on the main drivers, market restraints, opportunities, and alternatives influencing the increase of the solar PV glass market.

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