The Asia Pacific Solar Photovoltaic Glass Market would witness market growth of 28.3% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Solar Photovoltaic Glass Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,251 Million by 2031. The Japan market is registering a CAGR of 27.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 29.2% during (2024 - 2031).
A development that has profoundly impacted the solar energy sector is the substantial reduction in the cost of manufacturing and installing solar photovoltaic systems over the years. As a result of this cost reduction, solar energy has become more competitive with conventional energy sources, including coal, oil, and natural gas, resulting in significant market growth. The declining costs can be attributed to several key factors, including technological advancements, economies of scale, increased competition, and supportive government policies.
Solar energy has become a competitive and viable alternative for a variety of applications, including residential rooftop installations and large-scale solar arrays, as a result of the reduction in solar PV costs. For homeowners, the reduced cost of solar panels means shorter payback periods and higher returns on investment. Lower installation costs have made it easier for residential customers to adopt solar energy, increasing market penetration.
In Australia, the development of solar farms is also driving demand for solar PV glass. The Solar River Project in South Australia, with a planned capacity of 200 MW, is an example of the country's commitment to expanding its renewable energy capacity. Australia's abundant sunshine and supportive government policies, such as the Renewable Energy Target (RET), have made it an attractive demand for solar farm development. The increase in utility-scale solar installations requires significant quantities of solar PV glass. Therefore, the region presents lucrative growth opportunities for the market.
Free Valuable Insights: The Global Solar Photovoltaic Glass Market is Predict to reach USD 84.8 Billion by 2031, at a CAGR of 27.9%
Based on End-use, the market is segmented into Utility-scale, Residential, and Commercial. Based on Type, the market is segmented into Tempered Glass, Anti-reflective Coated Glass, TCO Glass, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Taiwan, Australia and Rest of Asia Pacific.
List of Key Companies Profiled
- Trina Solar Co., Ltd.
- JA SOLAR Technology Co., Ltd.
- SHARP Corporation
- Guardian Industries Corporation (Koch Industries)
- AGC, Inc.
- Nippon Sheet Glass Co., Ltd.
- Brite Solar Inc.
- Saint-Gobain Group
- Shenzhen Topray Solar Co., Ltd.
- Onyx Solar Group LLC
Asia Pacific Solar Photovoltaic Glass Market Report Segmentation
By End-use
- Utility-scale
- Residential
- Commercial
By Type
- Tempered Glass
- Anti-reflective Coated Glass
- TCO Glass
- Others
By Country
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Solar Photovoltaic Glass Market, by End-use
1.4.2 Asia Pacific Solar Photovoltaic Glass Market, by Type
1.4.3 Asia Pacific Solar Photovoltaic Glass Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Solar Photovoltaic Glass Market
Chapter 5. Asia Pacific Solar Photovoltaic Glass Market, by End-use
5.1 Asia Pacific Utility-scale Market, by Country
5.2 Asia Pacific Residential Market, by Country
5.3 Asia Pacific Commercial Market, by Country
Chapter 6. Asia Pacific Solar Photovoltaic Glass Market, by Type
6.1 Asia Pacific Tempered Glass Market, by Country
6.2 Asia Pacific Anti-reflective Coated Glass Market, by Country
6.3 Asia Pacific TCO Glass Market, by Country
6.4 Asia Pacific Others Market, by Country
Chapter 7. Asia Pacific Solar Photovoltaic Glass Market, by Country
7.1 China Solar Photovoltaic Glass Market
7.1.1 China Solar Photovoltaic Glass Market, by End-use
7.1.2 China Solar Photovoltaic Glass Market, by Type
7.2 Japan Solar Photovoltaic Glass Market
7.2.1 Japan Solar Photovoltaic Glass Market, by End-use
7.2.2 Japan Solar Photovoltaic Glass Market, by Type
7.3 India Solar Photovoltaic Glass Market
7.3.1 India Solar Photovoltaic Glass Market, by End-use
7.3.2 India Solar Photovoltaic Glass Market, by Type
7.4 South Korea Solar Photovoltaic Glass Market
7.4.1 South Korea Solar Photovoltaic Glass Market, by End-use
7.4.2 South Korea Solar Photovoltaic Glass Market, by Type
7.5 Taiwan Solar Photovoltaic Glass Market
7.5.1 Taiwan Solar Photovoltaic Glass Market, by End-use
7.5.2 Taiwan Solar Photovoltaic Glass Market, by Type
7.6 Australia Solar Photovoltaic Glass Market
7.6.1 Australia Solar Photovoltaic Glass Market, by End-use
7.6.2 Australia Solar Photovoltaic Glass Market, by Type
7.7 Rest of Asia Pacific Solar Photovoltaic Glass Market
7.7.1 Rest of Asia Pacific Solar Photovoltaic Glass Market, by End-use
7.7.2 Rest of Asia Pacific Solar Photovoltaic Glass Market, by Type
Chapter 8. Company Profiles
8.1 Trina Solar Co., Ltd.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Product Launches and Product Expansions:
8.1.3 SWOT Analysis
8.2 JA SOLAR Technology Co., Ltd.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.3 SWOT Analysis
8.3 Sharp Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental & Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Guardian Industries Corporation (Koch Industries)
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 AGC, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Nippon Sheet Glass Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Geographical Expansions:
8.6.6 SWOT Analysis
8.7 Brite Solar Inc.
8.7.1 Company Overview
8.8 Saint-Gobain Group
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Shenzhen Topray Solar Co., Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Onyx Solar Group LLC
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 Asia Pacific Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Utility-scale Market, by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Utility-scale Market, by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Residential Market, by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Residential Market, by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Commercial Market, by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Commercial Market, by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Tempered Glass Market, by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Tempered Glass Market, by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Anti-reflective Coated Glass Market, by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Anti-reflective Coated Glass Market, by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific TCO Glass Market, by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific TCO Glass Market, by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Others Market, by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Others Market, by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Solar Photovoltaic Glass Market, by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Solar Photovoltaic Glass Market, by Country, 2024 - 2031, USD Million
TABLE 23 China Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 24 China Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 25 China Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 26 China Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 27 China Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 28 China Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 29 Japan Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 30 Japan Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 31 Japan Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 32 Japan Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 33 Japan Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 34 Japan Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 35 India Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 36 India Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 37 India Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 38 India Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 39 India Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 40 India Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 41 South Korea Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 42 South Korea Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 43 South Korea Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 44 South Korea Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 45 South Korea Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 46 South Korea Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 47 Taiwan Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 48 Taiwan Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 49 Taiwan Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 50 Taiwan Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 51 Taiwan Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 52 Taiwan Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 53 Australia Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 54 Australia Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 55 Australia Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 56 Australia Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 57 Australia Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 58 Australia Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 59 Rest of Asia Pacific Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 60 Rest of Asia Pacific Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 61 Rest of Asia Pacific Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 62 Rest of Asia Pacific Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 63 Rest of Asia Pacific Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 64 Rest of Asia Pacific Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 65 Key information – Trina Solar Co., Ltd.
TABLE 66 Key Information – JA SOLAR Technology Co., Ltd.
TABLE 67 Key Information – Sharp Corporation
TABLE 68 Key information – Guardian Industries Corporation
TABLE 69 Key Information – AGC, Inc.
TABLE 70 Key Information – Nippon Sheet Glass Co., Ltd.
TABLE 71 Key Information – Brite Solar Inc.
TABLE 72 Key information – Saint-Gobain Group
TABLE 73 Key Information – Shenzhen Topray Solar Co., Ltd.
TABLE 74 Key Information – Onyx Solar Group LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Solar Photovoltaic Glass Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Solar Photovoltaic Glass
FIG 4 Porter’s Five Forces Analysis – Solar Photovoltaic Glass Market
FIG 5 Asia Pacific Solar Photovoltaic Glass Market share, by End-use, 2023
FIG 6 Asia Pacific Solar Photovoltaic Glass Market share, by End-use, 2031
FIG 7 Asia Pacific Solar Photovoltaic Glass Market, by End-use, 2020 - 2031, USD Million
FIG 8 Asia Pacific Solar Photovoltaic Glass Market share, by Type, 2023
FIG 9 Asia Pacific Solar Photovoltaic Glass Market share, by Type, 2031
FIG 10 Asia Pacific Solar Photovoltaic Glass Market, by Type, 2020 - 2031, USD Million
FIG 11 Asia Pacific Solar Photovoltaic Glass Market share, by Country, 2023
FIG 12 Asia Pacific Solar Photovoltaic Glass Market share, by Country, 2031
FIG 13 Asia Pacific Solar Photovoltaic Glass Market, by Country, 2020 - 2031, USD Million
FIG 14 Recent strategies and developments: Trina Solar Co., Ltd.
FIG 15 SWOT Analysis: Trina Solar Co., Ltd.
FIG 16 SWOT Analysis: JA SOLAR Technology Co., Ltd.
FIG 17 Recent strategies and developments: SHARP Corporation
FIG 18 SWOT Analysis: Sharp Corporation
FIG 19 SWOT Analysis: Guardian Industries Corporation
FIG 20 SWOT Analysis: AGC, Inc.
FIG 21 SWOT Analysis: Nippon Sheet Glass Co., Ltd.
FIG 22 SWOT Analysis: Saint-Gobain Group
FIG 23 SWOT Analysis: Shenzhen Topray Solar Co., Ltd.
FIG 24 SWOT Analysis: Onyx Solar Group LLC