Fast Market Research announces the availability of the new Markets and Markets report, "Solar Photovoltaic Glass Market - Global Forecast to 2022", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 07/18/2017 -- Solar Photovoltaic Glass Market by Application (Utility, Residential, and Non-Residential), Type (AR Coated, Tempered, TCO, and Others), End User (Crystalline Silicon PV Modules and Thin Film PV Modules), Region - Global Forecast to 2022
"The solar photovoltaic (PV) glass market is projected to grow at a CAGR of 33.4% from 2017 to 2022 in terms of value."
The solar PV glass market is projected to grow from USD 4.38 billion in 2017 to USD 18.48 billion by 2022, at a CAGR of 33.4% from 2017 to 2022. Increased demand for solar photovoltaic (PV) glass from the residential, non-residential, and utility sectors is expected to fuel the growth of the solar PV glass market during the forecast period. This increased demand for solar PV glass can be attributed to the increasing awareness across the globe about the hazardous effects of carbon emissions on the environment.
"Among applications, the utility segment is projected to lead the solar PV glass market from 2017 to 2022."
The utility application segment led the solar PV glass market in 2016. The growth of the utility application segment of the solar PV glass market can be attributed to increasing installations of utility-scale solar power plants across the globe.
"Among types, the AR coated segment is projected to lead the solar PV glass market during the forecast period."
The AR coated type segment led the solar PV glass market in 2016. Solar PV glass offers better mechanical and electrical properties as compared to other thermoplastic films. Moreover, the manufacturers of solar cells across the globe are making efforts to enhance efficiency and reduce the production cost of solar modules. Anti-reflective (AR) coated glass is widely used in photovoltaic (PV) modules, owing to its high power and energy output.
"The Asia-Pacific region led the solar PV glass market in 2016 while the North America solar PV glass market is projected to grow at the highest CAGR between 2017 and 2022."
The North America solar PV glass market is projected to grow at the highest CAGR during the forecast period. The growth of the North America solar PV glass market can be attributed to the increasing demand for solar energy across the globe and rising number of initiatives undertaken by governments of various countries to reduce emissions of greenhouse gases. High demand for solar energy from countries, such as the U.S. and Canada is also fueling the growth of the North America solar PV glass market. The Asia-Pacific region led the solar PV glass market in 2016.
Get More Details on this Report and a Full Table of Contents at Solar Photovoltaic Glass Market - Global Forecast to 2022
Profile break-up of primary participants for the report:
-By Company Type: Tier 1 - 45%, Tier 2 - 35%, and Tier 3 - 20%
-By Designation: C Level - 35%, D Level - 25%, and Others - 40%
-By Region: Asia-Pacific - 23%, Europe - 51%, North America - 15%, Middle East & Africa - 7%, and South America - 4%
As a part of qualitative analysis, this research report provides a comprehensive view of the drivers, restraints, opportunities, and challenges of the solar PV glass market. It also discusses competitive strategies adopted by a number of market players, such as AGC Solar (Japan), Nippon Sheet Glass Co., Ltd. (Japan), Taiwan Glass Ind. Corp. (Taiwan), Xinyi Solar Holdings Ltd. (China), Sisecam Flat Glass (Turkey), Guardian Glass (Thailand), Saint-Gobain Solar (France), Borosil Glass Works Ltd. (India), Henan Huamei Cinda Industrial Co., Ltd. (China), Guangfeng Solar Glass (Hong Kong) Co., Ltd. (China), Flat Glass Co., Ltd. (China), Interfloat Corporation (Germany), Guangdong Golden Glass Technologies (China), Hecker Glastechnik GmbH & Co. KG (Germany), F solar GmbH (Germany), Emmvee Toughened Glass Private Limited (India), and Euroglas (Germany) to strengthen their position in the solar PV glass market.
This report defines, segments, and projects the solar PV glass market on the basis of application, type, end user, and region. It provides detailed information regarding major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the solar PV glass market. It strategically profiles the key players operating in the market and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers & acquisitions, expansions, and new product launches that take place in the market.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Materials research reports at Fast Market Research
You may also be interested in these related reports:
-Bulletproof Glass Market - Global Forecast to 2022
-Global Coated Solar Control Glass Market 2017-2021
-Top 10 Advanced Materials & Technologies Market - Global Forecast to 2021
-Smart Glass Market - Global Forecast to 2022
-Solar Simulator Market - Global Forecast to 2022