Solar Photovoltaic Glass

Global Solar Photovoltaic Glass Market to Reach US$53.2 Billion by 2030

The global market for Solar Photovoltaic Glass estimated at US$14.0 Billion in the year 2024, is expected to reach US$53.2 Billion by 2030, growing at a CAGR of 25.0% over the analysis period 2024-2030. Utility, one of the segments analyzed in the report, is expected to record a 28.0% CAGR and reach US$30.5 Billion by the end of the analysis period. Growth in the Non-Residential segment is estimated at 23.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.6 Billion While China is Forecast to Grow at 35.0% CAGR

The Solar Photovoltaic Glass market in the U.S. is estimated at US$3.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$16.4 Billion by the year 2030 trailing a CAGR of 35.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 18.0% and 21.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.4% CAGR.

Global Solar Photovoltaic Glass Market - Key Trends and Drivers Summarized

Why Is Solar Photovoltaic Glass Becoming a Key Element in Building-Integrated Photovoltaics (BIPV)?
Solar photovoltaic glass is emerging as a crucial component in Building-Integrated Photovoltaics (BIPV), enabling the seamless integration of solar energy generation into building materials such as windows, facades, and skylights. This multifunctional glass not only generates electricity but also provides thermal insulation, UV protection, and aesthetic appeal, making it a popular choice in modern architecture. The growing emphasis on green building standards, energy efficiency, and sustainable urban development is driving the adoption of solar photovoltaic glass in commercial, residential, and institutional buildings. As cities around the world aim to reduce their carbon footprint and achieve net-zero energy goals, the demand for innovative solutions like solar photovoltaic glass is on the rise.

How Are Technological Innovations Driving the Solar Photovoltaic Glass Market?
Technological advancements in glass manufacturing, coating techniques, and photovoltaic cell integration are significantly enhancing the performance, transparency, and versatility of solar photovoltaic glass. The development of transparent and semi-transparent solar cells, such as perovskite and organic photovoltaic (OPV) cells, is expanding the application scope of solar glass in architectural design. Innovations in anti-reflective, self-cleaning, and thermal control coatings are further enhancing the efficiency and durability of solar photovoltaic glass. Moreover, the emergence of colored and aesthetic solar glass solutions is creating new opportunities for integrating solar energy generation into various building elements without compromising design and aesthetics. These technological advancements are supporting the growth of the solar photovoltaic glass market across diverse sectors.

Which Market Segments Are Leading the Growth of the Solar Photovoltaic Glass Industry?
Product types include tempered glass, laminated glass, and insulated glass, with laminated glass holding the largest market share due to its superior safety and UV protection features. Technologies are categorized into crystalline silicon, thin-film, and other advanced photovoltaic technologies, with crystalline silicon being the dominant segment due to its high efficiency and reliability. Applications of solar photovoltaic glass span facades, windows, skylights, greenhouses, and automotive glazing, with facades and windows being the leading segments due to the high demand for energy-efficient and aesthetically pleasing building materials. Geographically, Europe and North America are the largest markets for solar photovoltaic glass, driven by strong regulatory frameworks and increasing investments in sustainable infrastructure, while Asia-Pacific is expected to witness significant growth due to rapid urbanization and rising construction activities.

What Are the Key Drivers of Growth in the Solar Photovoltaic Glass Market?
The growth in the solar photovoltaic glass market is driven by several factors, including the increasing demand for building-integrated photovoltaics (BIPV), technological advancements in glass coatings and photovoltaic cell integration, and the growing focus on green building standards and energy efficiency regulations. The need to generate renewable energy, reduce solar heat gain, and enhance indoor comfort is driving the adoption of solar photovoltaic glass in various applications. Technological innovations in transparent, semi-transparent, and colored photovoltaic glass, coupled with advancements in anti-reflective and self-cleaning coatings, are enhancing the performance and aesthetics of solar PV glass, supporting market growth. The expansion of solar PV glass applications in facades, automotive glazing, and greenhouses, along with the rising emphasis on sustainable urban development and energy independence, is creating new opportunities for market players. Additionally, the focus on developing multifunctional, recyclable, and cost-effective solar photovoltaic glass solutions is further propelling the growth of the solar photovoltaic glass market.

SCOPE OF STUDY:

The report analyzes the Solar Photovoltaic Glass market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Application (Utility, Non-Residential, Residential)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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