This content was not created by MarketWatch News.
Research Nester has published a report titled “Solar PV Glass Market : Global Demand Analysis & Opportunity Outlook 2020” which provides a detailed overview of global solar PV glasses market, including market segmentation based on end-users and region.
The report also includes a detailed discussion of current and future trends in the market, as well as the impact they have on the growth.
Global solar PV glass is expected to grow at a CAGR of 30 percent over the next five years, from 2022 to 2030. The market can be segmented by end-users into residential, commercial and utility-scale. Out of these, the commercial segment will likely hold the largest revenue share as many commercial buildings are replacing their standard glass with solar PV. The glass is attractive and produces solar power. Market growth is expected to be boosted by the adoption of new technologies amongst end users.
Solar PV glasses are expected to grow in the global market due to the increasing acceptance of solar energy, and the adoption of innovative technologies for electricity production. Solar PV glass is made of photovoltaic or solar cells that convert solar energy to electricity. According to estimates, the growing adoption of solar PV glasses in commercial buildings will boost market growth.
The global solar PV glasses market can be segmented based on geographical analysis into five regions: North America, Europe and Asia Pacific. Middle East and Africa is also included. The market in Asia Pacific is expected to grow rapidly over the next few years, due to the growing use of solar energy and government investments in renewable energy. The market in the Asia Pacific region is expected to grow due to new skyscrapers being built in developing countries such as China, Japan and India.
Global in scope, the research covers detailed analyses of the markets in North America (U.S. and Canada), Europe (U.K. Germany France Italy Spain Hungary Belgium Netherlands Luxembourg, NORDIC [Finland Sweden Norway Denmark], Poland Turkey Russia, Rest of Europe), Latin America, (Brazil Mexico Argentina, Rest of Latin America), Asia-Pacific, (China, India Japan South Korea Indonesia, Singapore Malaysia Australia New Zealand Rest of Asia-Pacific), Middle East, and Africa (Israel GCC [Saudi Arabia UAE Bahrain Kuwait Qatar The report also includes market analysis including market size, YOY growth & opportunities analysis, competitive study of market players, investment opportunities and demand for the future outlook. The research report also includes a description of the data.
Solar Energy Market Growth is Boosted by Growing Adoption
Solar power generation grew 22% according to the International Energy Agency. It reached 720 TWh by 2019.
Solar energy is used by many countries. China, the US and Brazil are among them. Solar photovoltaic glasses are the latest innovation in solar technologies. Transparent glass can convert solar power into electricity. The market is expected to grow faster as it eliminates the need for solar panels.
The global market for solar PV glasses is expected to grow at a slower pace than the other markets due to lack of infrastructure in the developing countries.
The report provides a competitive analysis of key players in the solar PV glass industry, including Borosil Glassworks Limited, Nippon Sheet Glass Co. Ltd. and Taiwan Glass Ind. Corp., Ja Solar Holdings Co. Ltd. Onyx Solar Group LLC. Xinyi Solar Holdings Ltd. Sisecam Flat Glass. Guangfeng Solar Glass. Interfloat Corporation. Flat Glass Co. Ltd. The profile includes key information about the company, including its business overview, product and service offerings, financial details, and news and developments. The report provides a detailed view of the global market for solar PV glasses. This will assist industry consultants, equipment makers, existing players looking to expand, new players seeking opportunities and other stakeholders in aligning their strategies to current and future trends.
Find out more about Research Nester
Research Nester provides strategic market research, consulting and other services. We provide unmatched, unbiased market insights and analysis of the industry to assist industries, conglomerates, and executives in making wise decisions about their future marketing strategy. We believe that every business can reach its full potential if the right guidance is provided at the right time by strategic minds. Our innovative thinking allows our clients to make wise decisions to avoid future uncertainty.
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919