Solar PV Glass Market By Application - Global Industry Analysis and Forecast to 2023

Published On : November 2017 Pages : 82 Category: Conventional Energy Report Code : CM11362

Industry Outlook and Trend Analysis

The Solar PV Glass Market was worth USD 1.59 billion in the year 2014 and is expected to reach approximately USD 22.36 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 34.16% during the forecast period. Clean and sustainable power source is a reasonable other option to fossil fuel-based electricity. Its usage can help check the over-reliance on coal and fossil fuels, decrease air pollution and by reducing greenhouse gas emissions, and broaden control supply. There has been a rising political and social agreement toward implementing clean energy generation techniques, subsequently driving the worldwide market. The worldwide solar PV glass market is described by a few key patterns that are anticipated to play a vital part in the coming years. Reducing solar PV glass costs are presumed to boost the worldwide market development over the estimate time frame. Nonetheless, cost-concentrated R&D activities to grow new and additionally unrivaled varieties of PV glass are foreseen to raise the costs, subsequently impeding business sector development in the coming years. Increased subsidizing to investigate the capability of solar PV crosswise over developing nations recommends that solar energy is expected to be the eventual fate of vitality age in the coming years. In May 2017, The International Solar Alliance declared the financing of USD 300 billion to advance the usage of manageable energy in the coming years. The increasing importance of restricting greenhouse gas emission is probably going to be the key driver for market development.

 

Application Outlook and Trend Analysis

On the basis of revenue, utility was the biggest application fragment in 2016 and represented 49.3 percent of the aggregate share of the market. Expanding requirement for proficient and cost-effective energy assets is foreseen to drive the product requirement in utility portion throughout the following years. Solar PV glass has turned out to be progressively famous in the large-scale and additionally small-scale power generation applications in utility fragment. The primary components adding to the extensive product demand in the utility part incorporate the convenience and establishment and the decrease in its costs. It is used as a part of an assortment of uses in the utility fragment, for example, utilization for powering specific equipment, usage for fueling particular hardware, small & large power generation plants, cogeneration of power systems, PV panels on building facades, and solar energy for home at roof tops. Such patterns have profited the interest for sun based PV glass in utility application. Rapid urbanization, expanding discretionary income, and rising consciousness in regards to clean energy use are foreseen to drive the private sun oriented PV limit establishment, in this manner profiting the demand for glass in the application.

Regional Outlook and Trend Analysis

North America has encountered an expansion in the establishment of solar systems by an astounding 17 Percent in 2016 when compared with 2015 One such case of a power station is Mojave Project, which was finished in the year 2014 and is situated in Barstow, California. The expanding interest toward sustainable power source combined with rising adoption of solar energy plants is anticipated to boost the market over the conjecture time frame. Asia Pacific is foreseen to rise as the biggest market before the finish of figure period. Emerging nations, for example, Indonesia, Pakistan, South Korea, Malaysia, Japan, India, and China, are encountering a fast development in urbanization and population. The European market is additionally anticipated that would witness noteworthy development throughout the following years. The area is described by a high number of solar energy systems, which are used for power generation, space heating, water heating, and district heating & cooling. As per IEA, around 215,000 battery and solar powered vehicles were sold in the year 2015 in the area.

Competitive Insights

The global Solar PV Glass Market is extensively competitive due to the existence of key players such as Yingli, Guardian Industries, Nippon Sheet Glass Co., Ltd, Saint-Gobain, Asahi India Glass Ltd, Trina Solar and Guardian Industries. Producers utilize diverse sourcing procedures over the whole esteem chain. Makers can embrace cost-cutting systems and produce their raw materials and also source raw materials from various makers. The fabricated PV glass products are disseminated through various channels. Certain system integrators additionally disperse the last items notwithstanding the existence of devoted circulation organizations in the market.

The global Solar PV Glass Market is segmented as follows-

By Application:

  • Non-residential
  • Residential
  • Utility

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

 

Market Classification

  • Solar PV Glass, By Application, Estimates and Forecast, 2014-2023 ($Million)
    • Utility
    • Residential
    • Non-residential
  • Solar PV Glass, By Region, Estimates and Forecast, 2014-2023 ($Million)
    • North America
  • North America Solar PV Glass, By Country
  • North America Solar PV Glass, By Application
    • U.S. Solar PV Glass, By Application
    • Canada Solar PV Glass, By Application
    • Mexico Solar PV Glass, By Application
    • Europe
  • Europe Solar PV Glass, By Country
  • Europe Solar PV Glass, By Application
    • Germany Solar PV Glass, By Application
    • France Solar PV Glass, By Application
    • UK Solar PV Glass, By Application
    • Italy Solar PV Glass, By Application
    • Spain Solar PV Glass, By Application
    • Rest of Europe Solar PV Glass, By Application
    • Asia-Pacific
      • Asia-Pacific Solar PV Glass, By Country
      • Asia-Pacific Solar PV Glass, By Application
        • Japan Solar PV Glass, By Application
        • China Solar PV Glass, By Application
        • Australia Solar PV Glass, By Application
        • India Solar PV Glass, By Application
        • South Korea Solar PV Glass, By Application
        • Rest of Asia-Pacific Solar PV Glass, By Application
    • Rest of the World
      • Rest of the World Solar PV Glass, By Country
      • Rest of the World Solar PV Glass, By Application
        • Brazil Solar PV Glass, By Application
        • South Africa Solar PV Glass, By Application
        • Saudi Arabia Solar PV Glass, By Application
        • Turkey Solar PV Glass, By Application
        • United Arab Emirates Solar PV Glass, By Application
        • Others Solar PV Glass, By Application

 Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Growing demand for effective and cost-competitive energy resources

3.2.1.2.    Development in building and construction industry in developing countries

3.2.2.  Restraints

3.2.2.1.    High Prices of Raw Material

3.2.3.  Opportunities

4.       Solar PV Glass, By Application

4.1.       Introduction

4.2.       Solar PV Glass Assessment and Forecast, By Application, 2014-2023

4.3.       Utility

4.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.       Residential

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.       Non-residential

4.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.       Solar PV Glass, By Region

5.1.       Introduction

5.2.       Solar PV Glass Assessment and Forecast, By Region, 2014-2023 ($Million)

5.3.       North America

5.3.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.3.2.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.3.3.  U.S.

5.3.3.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.3.4.  Canada

5.3.4.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.3.5.  Mexico

5.3.5.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.4.       Europe

5.4.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.4.2.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.4.3.  Germany

5.4.3.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.4.4.  France

5.4.4.1.    Market Assessment and Forecast, By Applications, 2014-2023 ($Million)

5.4.5.  UK

5.4.5.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.4.6.  Italy

5.4.6.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.4.7.  Spain

5.4.7.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.4.8.  Rest of Europe

5.4.8.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.       Asia-Pacific

5.5.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.5.2.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.3.  Japan

5.5.3.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.4.  China

5.5.4.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.5.  Australia

5.5.5.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.6.  India

5.5.6.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.7.  South Korea

5.5.7.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.5.8.  Rest of Asia-Pacific

5.5.8.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.       Rest of the World

5.6.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.6.2.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.3.  Brazil

5.6.3.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.4.  Turkey

5.6.4.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.5.  Saudi Arabia

5.6.5.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.6.  South Africa

5.6.6.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.7.  United Arab Emirates

5.6.7.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

5.6.8.  Others

5.6.8.1.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.       Company Profiles

6.1.       Asahi Glass Co., Ltd.

6.1.1.  Business Overview

6.1.2.  Product Portfolio

6.1.3.  Key Financials

6.1.4.  Strategic Developments

6.2.       Saint-Gobain S.A.

6.2.1.  Business Overview

6.2.2.  Product Portfolio

6.2.3.  Key Financials

6.2.4.  Strategic Developments

6.3.       Xinyi Solar Holdings Ltd.

6.3.1.  Business Overview

6.3.2.  Product Portfolio

6.3.3.  Key Financials

6.3.4.  Strategic Developments

6.4.       Guardian Industries

6.4.1.  Business Overview

6.4.2.  Product Portfolio

6.4.3.  Key Financials

6.4.4.  Strategic Developments

6.5.       Nippon Sheet Glass Co., Ltd. (NSG)

6.5.1.  Business Overview

6.5.2.  Product Portfolio

6.5.3.  Key Financials

6.5.4.  Strategic Developments

6.6.       Canadian Solar, Inc.

6.6.1.  Business Overview

6.6.2.  Product Portfolio

6.6.3.  Key Financials

6.6.4.  Strategic Developments

6.7.       First Solar

6.7.1.  Business Overview

6.7.2.  Product Portfolio

6.7.3.  Key Financials

6.7.4.  Strategic Developments

6.8.       EMMVEE Solar Systems Pvt. Ltd.

6.8.1.  Business Overview

6.8.2.  Product Portfolio

6.8.3.  Key Financials

6.8.4.  Strategic Developments

6.9.       Onyx Solar Energy S.L.

6.9.1.  Business Overview

6.9.2.  Product Portfolio

6.9.3.  Key Financials

6.9.4.  Strategic Developments

6.10.    Borosil Glass Works Ltd.

6.10.1.      Business Overview

6.10.2.      Product Portfolio

6.10.3.      Key Financials

6.10.4.      Strategic Developments

6.11.    Renesola UK Ltd

6.11.1.      Business Overview

6.11.2.      Product Portfolio

6.11.3.      Key Financials

6.11.4.      Strategic Developments


List of Tables

Table 1.Solar PV Glass, By Application ($Million), 2014-2023
Table 2.Utility Market, By Region ($Million), 2014-2023
Table 3.Residential Market, By Region ($Million), 2014-2023
Table 4.Non-residential Market, By Region ($Million), 2014-2023
Table 5.Solar PV Glass, By Region ($Million), 2014-2023
Table 6.North America Solar PV Glass, By Country, 2014-2023 ($Million)
Table 7.North America Solar PV Glass, By Application, 2014-2023 ($Million)
Table 8.U.S. Solar PV Glass, By Application, 2014-2023 ($Million)
Table 9.Canada Solar PV Glass, By Application, 2014-2023 ($Million)
Table 10.Mexico Solar PV Glass, By Application, 2014-2023 ($Million)
Table 11.Europe Solar PV Glass, By Country, 2014-2023 ($Million)
Table 12.Europe Solar PV Glass, By Application, 2014-2023 ($Million)
Table 13.Germany Solar PV Glass, By Application, 2014-2023 ($Million)
Table 14.France Solar PV Glass, By Application, 2014-2023 ($Million)
Table 15.UK Solar PV Glass, By Application, 2014-2023 ($Million)
Table 16.Italy Solar PV Glass, By Application, 2014-2023 ($Million)
Table 17.Spain Solar PV Glass, By Application, 2014-2023 ($Million)
Table 18.Rest of Europe Solar PV Glass, By Application, 2014-2023 ($Million)
Table 19.Asia-Pacific Solar PV Glass, By Country, 2014-2023 ($Million)
Table 20.Asia-Pacific Solar PV Glass, By Application, 2014-2023 ($Million)
Table 21.Japan Solar PV Glass, By Application, 2014-2023 ($Million)
Table 22.China Solar PV Glass, By Application, 2014-2023 ($Million)
Table 23.Australia Solar PV Glass, By Application, 2014-2023 ($Million)
Table 24.India Solar PV Glass, By Application, 2014-2023 ($Million)
Table 25.South Korea Solar PV Glass, By Application, 2014-2023 ($Million)
Table 26.Rest of Asia-Pacific Solar PV Glass, By Application, 2014-2023 ($Million)
Table 27.Rest of the World Solar PV Glass, By Country, 2014-2023 ($Million)
Table 28.Rest of the World Solar PV Glass, By Application, 2014-2023 ($Million)
Table 29.Brazil Solar PV Glass, By Application, 2014-2023 ($Million)
Table 30.Turkey Solar PV Glass, By Application, 2014-2023 ($Million)
Table 31.Saudi Arabia Solar PV Glass, By Application, 2014-2023 ($Million)
Table 32.South Africa Solar PV Glass, By Application, 2014-2023 ($Million)
Table 33.United Arab Emirates Solar PV Glass, By Application, 2014-2023 ($Million)
Table 34.Others Solar PV Glass, By Application, 2014-2023 ($Million)
Table 35.Asahi Glass Co., Ltd.: Key Strategic Developments, 2015-2017
Table 36.Saint-Gobain S.A.: Key Strategic Developments, 2015-2017
Table 37.Xinyi Solar Holdings Ltd.: Key Strategic Developments, 2015-2017
Table 38.Guardian Industries: Key Strategic Developments, 2015-2017
Table 39.Nippon Sheet Glass Co., Ltd. (NSG): Key Strategic Developments, 2015-2017
Table 40.Canadian Solar, Inc.: Key Strategic Developments, 2015-2017
Table 41.First Solar: Key Strategic Developments, 2015-2017
Table 42.EMMVEE Solar Systems Pvt. Ltd.: Key Strategic Developments, 2015-2017
Table 43.Onyx Solar Energy S.L.: Key Strategic Developments, 2015-2017
Table 44.Borosil Glass Works Ltd.: Key Strategic Developments, 2015-2017
Table 45.Renesola UK Ltd: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Solar PV Glass, By Application, 2014 & 2023 ($Million)
Figure 2.Solar PV Glass, By Region, 2016, ($Million)
Figure 3.Asahi Glass Co., Ltd.: Net Revenues, 2014-2016 ($Million)
Figure 4.Asahi Glass Co., Ltd.: Net Revenue Share, By Segment, 2016
Figure 5.Asahi Glass Co., Ltd.: Net Revenue Share, By Geography, 2016
Figure 6.Nippon Sheet Glass Co., Ltd. (NSG): Net Revenues, 2014-2016 ($Million)
Figure 7.Nippon Sheet Glass Co., Ltd. (NSG): Net Revenue Share, By Segment, 2016
Figure 8.Nippon Sheet Glass Co., Ltd. (NSG): Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

License Type

For Any Assistance

*
*
*