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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Solar PV Glass Market Outlook

The global solar PV glass market attained a value of nearly USD 11.76 billion in 2024. The market is further estimated to grow in the forecast period of 2025-2034 at a CAGR of 24.7% to reach about USD 85.74 billion by 2034.

Global Solar PV Glass Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 11.76
Market Size 2034 USD Billion 85.74
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 24.7%
CAGR 2025-2034 - Market by Region Asia Pacific 27.8%
CAGR 2025-2034 - Market by Country India 28.2%
CAGR 2025-2034 - Market by Country USA 25.8%
CAGR 2025-2034 - Market by Application Residential 27.7%
Market Share by Country 2023 Canada 3.2%

solar pv glass market

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Growing Adoption of Clean Energy Sources to Bolster the Market for Solar PV Glass

The solar PV glass market is being driven by the robust growth of the construction industry. As the industry is increasingly adopting advanced technologies and clean energy sources due to the rising environmental concerns, the deployment of solar PV glass is growing. The rapid transformation of the global solar energy landscape and easy installation of solar PV glass is also boosting the market growth of solar PV glass. The other factors propelling the demand for solar PV glass are the evolving solar industry, rapid modernisation and urbanisation, and the increasing utilisation of solar PV glass in different applications in the utility, residential and non-residential sectors.

Various leading manufacturers are developing new products with superior thermal insulation and higher efficacy, which is further supporting the solar PV glass market growth. Moreover, the rising focus of various developing and developed countries on increasing solar installations and the growing popularity of the green building concept are expected to bolster the market growth of solar PV glass during the forecast period across the globe.

Market Segmentation

Solar PV glass is a glass that uses solar cells to convert solar energy into electricity. It is typically installed on roofs of buildings to produce power that can be used by the entire building. Solar PV glasses contribute to sustainability and reduce carbon footprint while bolstering the cost-effectiveness of facilities, due to which it is increasingly preferred in various end-use sectors.

solar pv glass market by segments

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The market for solar PV glass, by application, is divided into:

  • Non-residential
  • Residential
  • Utility

The EMR report looks into the regional markets of solar PV glass like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

The Asia Pacific to Hold a Significant Share in the Market for Solar PV Glass

The market for solar PV glass in the Asia Pacific is anticipated to witness significant growth on account of technological advancements and innovations and the rising government investment in the future of solar glass in the region. Countries like India and China are expected to gain momentum in the market of solar PV glass due to the introduction of various favourable initiatives by governments like the imposition of Basic Customs Duty (BCD) on the import of solar PV cells and Modified Special Incentive Package Scheme (M-SIPS) Scheme to promote local development and manufacturing of renewable energy technologies. Moreover, the mass production and commercialisation of solar PV glasses in China are anticipated to further boost the market growth in the region, which is likely to significantly contribute to the overall growth of the solar PV glass market.

CAGR 2025-2034 - Market by Country
India 28.2%
USA 25.8%
China 21.6%
Germany 20.9%
Australia 20.4%
Canada XX%
UK XX%
France 19.9%
Italy XX%
Japan XX%
Brazil XX%
Mexico XX%
Saudi Arabia 19.6%

Key Players in the Global Market for Solar PV Glass

The report presents a detailed analysis of the following key players in the global solar PV glass market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Onyx Solar Group LLC
  • Sharp Corporation
  • Saint-Gobain
  • Nippon Sheet Glass Co., Ltd.
  • Trina Solar Co., Ltd.
  • Wuxi Suntech Power Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Non-residential
  • Residential
  • Utility
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Onyx Solar Group LLC
  • Sharp Corporation
  • Saint-Gobain
  • Nippon Sheet Glass Co., Ltd.
  • Trina Solar Co., Ltd.
  • Wuxi Suntech Power Co., Ltd.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global solar PV glass market attained a value of nearly USD 11.76 billion.

The market is assessed to grow at a CAGR of 24.7% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach almost USD 85.74 billion by 2034.

The major market drivers are rapid urbanisation, the growing construction industry, and the introduction of various favourable government initiatives to boost solar development.

The key trends guiding the growth of the market include technological advancements and innovations, the surging adoption of clean energy sources, and the growing launches of diversified solar PV glasses by leading market players.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various applications of solar PV glass in the market include non-residential, residential, and utility.

The major players in the market are Onyx Solar Group LLC, Sharp Corporation, Saint-Gobain, Nippon Sheet Glass Co., Ltd., Trina Solar Co., Ltd., and Wuxi Suntech Power Co., Ltd., among others.

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