Global Solar Glass Market Overview:
Solar Glass is used in photovoltaic modules as layer of protection against the elements. In thin-film technology, glass also serves as the substrate upon which the photovoltaic material and other chemicals (such as TCO) are deposited. Solar glass is also the basis for mirrors used to concentrate sunlight, although new technologies avoiding glass are emerging. Some of the key players profiled in the study are Changzhou Almaden Co., Ltd. (China), Guardian Industries (United States), Asahi India Glass Limited (India), Dongguan CSG Solar Glass Co., Ltd. (China), Şişecam Group (Turkey), Euroglas GmbH (Germany), Xinyi Solar Hldgs (China), Glasstech, Inc. (China), Vitro Architectural Glass (United States), AVIC Sanxin Solar Glass Co., Ltd (China), Changzhou Huamei Photoelectric New Material Co., Ltd (China), Jiangsu Xiuqiang Glasswork Co., Ltd.(China) and Henan Yuhua Solar Glass Co., Ltd. (China). According to Market Analyst at AMA, the Global Solar Glass market may see a growth rate of 4.77% and would reach the market size of USD204.67 Million by 2024.
On the basis of geography, the market of Solar Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- Supportive Policies and Initiatives of Various Governments Across the Globe
- Increasing Demand for Solar Systems in Residential Applications
- Rapid Industrialization And Urbanization in Emerging Nations
- Rising R&D Activities and Green Building Trends
- High Costs Involved in the Installation, Storage, and Purchase of Power Conversion Devices
- Stringent Implementation of Various Regulations for Carbon Dioxide Emissions
- Shifting Focus Towards Renewable Energy Sources Owing to the Increasing Environment Concerns
- Decreasing Costs of Solar Systems and Energy Storage Devices
- Increasing Prices of Fossil Fuels
- Less Availability of High-Quality Solar Glass
Major Market Developments:
In 2017, Asahi India Glass Ltd. launches a leading glass solution powered by Microsoft Azure. The company introduced AIS World of Glass- an app that lets users channel their imagination and visualize glass customizations for their home and office. The app was developed with the help of FutureSoft, a gold-certified partner of Microsoft.
In Solar Glass Market, it has been observed that most of the companies are upgrading or introducing innovative products as well as are heavily investing in Research and Development (R&D) activities in order to gain a position in the global solar glass market. These companies rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Solar Glass Manufacturers, Solar Glass Traders, Suppliers, and Distributors, Government and Research Organizations, Associations and Industrial Bodies, Raw Material Suppliers and Distributors and Industry Associations
Major Objectives Focused through this Study
To define, describe, and forecast the Global Solar Glass market on the basis of product [Anti-Reflective (AR) Coated, Tempered, Transparent Conductive Oxide (TCO) Coated and Others] , application [Anti-Reflective (AR) Coated, Tempered, Transparent Conductive Oxide (TCO) Coated and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Solar Glass market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Solar Glass industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Solar Glass market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.