Solar Photovoltaic Glass Market | Key players operating in the market include Xinyi Solar Holdings, IRICO Group New Energy, Flat Glass Group, Qingdao Jinxin Glass, Dongguan CSG Solar Glass

According to recent market research the "Solar Photovoltaic Glass Market by Type (AR-Coated, Tempered, TCO-Coated), Application, End User (Crystalline Silicon PV Module, Thin Film Module, Perovskite Module), Installation Technology & Region - Global Forecast to 2027", Solar photovoltaic glass market size is projected to reach USD 21.1 billion by 2027 from USD 6.2 billion in 2022 growing at a CAGR of 27.9%.

Browse 330 market data Tables and 47 Figures spread through 237 Pages and in-depth TOC on "Solar Photovoltaic Glass Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/solar-photovoltaic-glass-market-92984553.html

AR-coated solar PV glass to hold the largest share in the global solar PV glass market through the forecast period

The solar PV glass industry has been segmented based on type into AR-coated solar PV glass, tempered solar PV glass, TCO-coated solar PV glass, and others. The AR-coated segment accounted for the dominant share of the market in 2021. The dominance of this segment is attributed to the high efficiency of these glasses in conversion of solar energy. Also, they can be easily placed in sensitive surroundings such as airports. On the other hand, TCO-coated solar PV glass have better transmission of energy, which is expected to lead this segment to grow with the highest CAGR during the forecast period.

Utility segment to grow at the fastest rate during the forecast period

The solar PV glass industry has been segmented based on application into residential, non-residential, and utility. The utility segment is projected to grow with the fastest CAGR during the forecast period. The growth in this segment is attributed to the conducive support of governments across the globe to set up of solar energy farms. Governments are providing subsidies and tax rebates to companies setting up solar farms for feeding energy into the grid. For instance, in China, the budget for renewable energy rebates was increased to USD 840 million for 2021, of which about 55% was allocated to the solar power industry. A similar trend is observed across the globe, even in underdeveloped countries, in order to reduce their fossil fuel import burden.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=92984553

The solar photovoltaic glass market is projected to grow from USD 6.2 billion in 2022 to USD 21.1 billion by 2027, at a CAGR of 27.9% from 2022 to 2027. The growth of the market is driven by the increasing demand from various applications in utility, residential and non-residential.

Companies such as Xinyi Solar Holdings Ltd. (China), IRICO Group New Energy Co., Ltd. (China), Flat Glass Group Co., Ltd (China), Qingdao Jinxin Glass Co., Ltd. (China), and Dongguan CSG Solar Glass Co., Ltd. (China) fall under the winners' category. These are leading players in the solar PV glass market, globally. These players have adopted the strategies of agreement, acquisitions, contracts and partnership to fulfil the rising demand for solar PV glass on the regional as well as global levels.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=92984553

Nippon Sheet Glass Co., Ltd. operates in 28 countries and has sales in 130 countries around the globe. The company manufactures various range of solar glass products which includes float glass and TCO glass. Nippon Sheet Glass Co., Ltd. operates in four major businesses such as architectural, automotive, technical glass and others. In August 2022, Nippon Sheet Glass Co., Ltd. has made an announcement to increase its production capacity of TCO glass by investing in its Malaysia plant.

Sisecam Flat Glass is one of the leading manufacturers of solar PV glass in turkey. The company has operations in America, Europe, Middle East & Africa, and Asia region. The company manufactures tempered PV glass for PV modules and solar thermal collector. In August 2021, Sisecam Flat Glass has launched new product Sisecam Tentesol in Indian market which is a reflective solar control glass.

Borosil Renewables Ltd. is the first company in India to manufacture solar glass. The company manufacture high performance solar glass for various applications. In April 2022, Borosil Renewables Ltd acquired 100 % capital share of two solar glass manufacturing companies which are Interfloat Corporation and Glasmanufaktur Brandenburg (GMB).

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/solar-photovoltaic-glass.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/solar-photovoltaic-glass-market.asp

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.