“Global Solar PV Glass Market was valued at $20 billion by 2029”, says Visiongain

23 September 2019
Utilities

Solar PV Glass Market Report 2019-2029: Forecasts by Application (Utility, Residential and Non-Residential), Type (AR Coated, Tempered, TCO and Others), End User (Crystalline Silicon PV Modules and Thin Film PV Modules), by Region and Analysis of Leading Companies indicates that the Global Solar PV Glass Market was valued at $20 billion by 2029.

 

Solar photovoltaic (PV) glass refers to a technology that includes transparent photovoltaic semiconductor-based cells, recognized as solar cells, that enable sunlight to be converted into electricity. These solar cells are integrated between two glass panes and in either crystalline silicon or thin film shape they are used for PV apps. Solar PV cells utilizes ultra-clear figured glass as a cover for crystalline silicon solar cells, whereas super-clear float glass is used for thin film solar cells.

Growing environmental concerns have resulted to a growing shift to renewable energy sources, which is likely to increase development in the solar photovoltaic glass industry over the forecast period. Increasing solar photovoltaic facilities across different countries, including India, Mexico,  Italy, Pakistan, the UK, Spain, and South East Asia, are anticipated to increase solar photovoltaic glass demand during the forecast period. In addition, favorable public standards such as the Kyoto Protocol Act concentrating on encouraging the use of solar photovoltaic panels are anticipated to further propel the solar photovoltaic glass industry during the forecast period.

Favorable laws are anticipated to generate significant demand for solar PV glass on the national market in European nations including Spain, Italy, and Belgium. Furthermore, favorable climatic circumstances, reduced prices and growing accessibility of solar photovoltaic producers in China and India are anticipated to boost the development of solar photovoltaic glass in the Asia-Pacific region significantly over the forecast period. In addition, growing demand for solar PV glass from Australia, China, India, Japan, and South-East Asian nations is anticipated to further increase demand for solar PV glass over the forecast period.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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