Sarasota, FL -- (SBWIRE) -- 06/22/2018 -- Global Solar PV Glass Market: Overview
Photovoltaic glass is a technology that carries out the basic function of converting the light into electricity. The solar PV glass includes transparent semi-conductor which is based on the photovoltaic cells, and are called as solar cells. The photovoltaic sheet is not completely transparent but it allows some of the available light through it. The power generated from the photovoltaic is termed as green or clean electricity as a reason it does not produce any pollution and is renewable. It helps in reducing the carbon footprints leading to cost savings and other potential benefits. Solar cells help in producing direct current electricity from the sunlight that can be useful in charging a battery as well.
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Global Solar PV Glass Market: Growth Factors
The rise in funding from public and private sectors of financial institutions including the Asian Development Bank (ADB), World Bank is exploring the photovoltaic potential across the developing regions, so as to encourage the solar photovoltaic market. The solar PV glass is easy to manufacture and are cost effective which gives the market a positive side to boost up. Its product flexibility to heat strengthening, easy cutting, and ease to polish helps in accelerating demand. Gradually there are investments towards the energy efficient and maintaining the energy helps the PV market to sustain for the longer period. The photovoltaic panels, through the photoelectric phenomena, produce direct electricity. However, changing climatic conditions and high installations costs obstruct the solar PV glass market.
Furthermore, expanding awareness about the benefits of renewable sources and need to limit carbon emission levels are projected to increase the market for these glasses.
Global Solar PV Glass Market: Segmentation
The global solar PV glass market is fragmented on the basis of its technology module, applications, and types. In terms of technology module, it is divided into crystalline silicon modules, amorphous silicon modules, thin-film modules, and multi-junction modules. On the basis of its application PV glass market, it is followed by the utility, residential and non-residential. In terms of its type, it is segmented as anti-reflective coated, tempered, transparent conductive oxide, among others.
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Global Solar PV Glass Market: Regional Analysis
Asia Specific has the largest market share in terms of revenue as compared to the rest of the regions; and is observed it will dominate the market. Presence of other countries such as China, India, Japan, and South Korea are leading in the industry of solar PV market. This market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. In coming years there are several opportunities for North America and Europe to boost in the market.
Global Solar PV Glass Market: Competitive Players
Some of the important players in the solar PV glass market are AGC Solar, Henan Huamei Cinda Industrial Co., Ltd., Borosil Glass Works Ltd., Hecker Glastechnik GmbH & Co. KG, Saint-Gobain Solar, Guangdong Golden Glass Technologies, Euroglas, Nippon Sheet Glass Co., Ltd., Sisecam Flat Glass, Taiwan Glass Ind. Corp., Xinyi Solar Holdings Ltd., and Emmvee Toughened Glass Private Limited, among others.
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Global Solar PV Glass Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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