Global Solar Photovoltaic Glass Market to Reach $35.7 Billion by 2026

BY PR Newswire | ECONOMIC | 07/04/22 11:05 AM EDT

SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled?"Solar Photovoltaic Glass - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Global Solar Photovoltaic Glass Market to Reach $35.7 Billion by 2026

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Edition:?5;?Released:?January 2022
Executive Pool:?1118
Companies:?38 - Players covered include AGC Solar; AVIC Sanxin Co., Ltd.; Borosil Glass Works Ltd.; Changzhou Almaden Co., Ltd.; Dongguan CSG Solar Glass Co., Ltd.; Emmvee Toughened Glass Private Limited; Euroglas GmbH; f | solar GmbH; Flat Glass Group Co., Ltd.; Guangdong Golden Glass Technologies Limited; Guangfeng Solar Glass (Hong Kong) Co., Ltd.; Guardian Glass; Hecker Glastechnik GmbH & Co. KG; Henan Huamei Cinda Industrial Co., Ltd.; Interfloat Corporation; Jinjing Group; Nippon Sheet Glass Co., Ltd.; Qingdao Migo Glass Co., Ltd.; Saint-Gobain SA; Shenzhen Topray Solar Co., Ltd.; Sisecam Flat Glass; Sunarc Technology A/S; Taiwan Glass Industry Corporation; Thermosol Glass India (P) Ltd.; Xinyi Solar Holdings Ltd. and Others.
Coverage:?All major geographies and key segments
Segments:?Application (Utility, Residential, Non-Residential); Type (AR Coated, Tempered, TCO, Other Types)
Geographies:?World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific ; Latin America ; Middle East ; and Africa.

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ABSTRACT-

Global Solar Photovoltaic Glass Market to Reach $35.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Solar Photovoltaic Glass estimated at US$7.6 Billion, is projected to reach a revised size of US$35.7 Billion by 2026, growing at a CAGR of 28.8% over the analysis period. Utility, one of the segments analyzed in the report, is projected to record a 31.4% CAGR and reach US$24.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Residential segment is readjusted to a revised 27.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.7 Billion in 2021, While China is Forecast to Reach $8.8 Billion by 2026
The Solar Photovoltaic Glass market in the U.S. is estimated at US$2.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2026 trailing a CAGR of 36.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.5% and 26.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 24.7% CAGR.

Non-Residential Segment to Reach US$3.7 Billion by the year 2026
In the global Non-Residential segment, USA, Canada, Japan, China and Europe will drive the 20.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$864.1 Million will reach a projected size of US$3.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR?

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

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