Solar Photovoltaic Glass

Solar Photovoltaic Glass

Global Solar Photovoltaic Glass Market to Reach $35.7 Billion by 2026

Amid the COVID-19 crisis, the global market for Solar Photovoltaic Glass estimated at US$7.6 Billion, is projected to reach a revised size of US$35.7 Billion by 2026, growing at a CAGR of 28.8% over the analysis period. Utility, one of the segments analyzed in the report, is projected to record a 31.4% CAGR and reach US$24.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Residential segment is readjusted to a revised 27.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.7 Billion in 2021, While China is Forecast to Reach $8.8 Billion by 2026

The Solar Photovoltaic Glass market in the U.S. is estimated at US$2.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2026 trailing a CAGR of 36.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.5% and 26.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 24.7% CAGR.

Non-Residential Segment to Reach US$3.7 Billion by the year 2026

In the global Non-Residential segment, USA, Canada, Japan, China and Europe will drive the 20.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$864.1 Million will reach a projected size of US$3.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 38 Featured) -

• AGC Solar
• AVIC Sanxin Co., Ltd.
• Borosil Glass Works Ltd.
• Changzhou Almaden Co., Ltd.
• Dongguan CSG Solar Glass Co., Ltd.
• Emmvee Toughened Glass Private Limited
• Euroglas GmbH
• f | solar GmbH
• Flat Glass Group Co., Ltd.
• Guangdong Golden Glass Technologies Limited
• Guangfeng Solar Glass (Hong Kong) Co., Ltd.
• Guardian Glass
• Hecker Glastechnik GmbH & Co. KG
• Henan Huamei Cinda Industrial Co., Ltd.
• Interfloat Corporation
• Jinjing Group
• Nippon Sheet Glass Co., Ltd.
• Qingdao Migo Glass Co., Ltd.
• Saint-Gobain SA
• Shenzhen Topray Solar Co., Ltd.
• Sisecam Flat Glass
• Sunarc Technology A/S
• Taiwan Glass Industry Corporation
• Thermosol Glass India (P) Ltd.
• Xinyi Solar Holdings Ltd.

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