The Latin America, Middle East and Africa Solar Photovoltaic Glass Market would witness market growth of 31.0% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Solar Photovoltaic Glass Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,707.3 Million by 2031. The Argentina market is showcasing a CAGR of 32.2% during (2024 - 2031). Additionally, The Egypt market would register a CAGR of 28.8% during (2024 - 2031).
For businesses and industries, the cost-effectiveness of solar energy provides a competitive edge by reducing energy expenses and enhancing sustainability credentials. Large-scale solar farms benefit from the reduced costs by generating significant amounts of electricity at competitive rates, contributing to the overall energy mix and supporting grid stability.
The expansion of utility-scale solar farms is a significant growth driver for the market. These large-scale installations, often spanning hundreds or even thousands of acres, are designed to generate substantial electricity by harnessing the sun's power. The development of solar farms is contributing to the increased demand for solar PV glass, as these installations require vast quantities of high-quality glass to protect and enhance the efficiency of the solar panels.
The Middle East is investing heavily in solar power as part of its diversification away from oil. The abundant sunshine and governmental initiatives supporting solar investments are critical in this shift. The area is expected to increase its reliance on solar power significantly, with solar PV and wind expected to form a substantial part of the electricity generation mix by 2050. Furthermore, numerous other nations implement utility-scale solar arrays as components of their renewable energy initiatives. For instance, Egypt's Benban Solar Park, with a capacity of 1,650 MW, is a testament to the country's commitment to solar energy. Located in the Aswan Governorate, this project is one of the largest in Africa and is expected to significantly boost the demand for solar PV glass in the region. Thus, the demand for solar PV glasses is expected to continue throughout the forecast period.
Free Valuable Insights: The Worldwide Solar Photovoltaic Glass Market is Projected 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 Brazil, Argentina, Egypt, South Africa, Morocco, Chile and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- Egypt
- South Africa
- Morocco
- Chile
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Solar Photovoltaic Glass Market, by End-use
1.4.2 LAMEA Solar Photovoltaic Glass Market, by Type
1.4.3 LAMEA 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. LAMEA Solar Photovoltaic Glass Market, by End-use
5.1 LAMEA Utility-scale Market, by Country
5.2 LAMEA Residential Market, by Country
5.3 LAMEA Commercial Market, by Country
Chapter 6. LAMEA Solar Photovoltaic Glass Market, by Type
6.1 LAMEA Tempered Glass Market, by Country
6.2 LAMEA Anti-reflective Coated Glass Market, by Country
6.3 LAMEA TCO Glass Market, by Country
6.4 LAMEA Others Market, by Country
Chapter 7. LAMEA Solar Photovoltaic Glass Market, by Country
7.1 Brazil Solar Photovoltaic Glass Market
7.1.1 Brazil Solar Photovoltaic Glass Market, by End-use
7.1.2 Brazil Solar Photovoltaic Glass Market, by Type
7.2 Argentina Solar Photovoltaic Glass Market
7.2.1 Argentina Solar Photovoltaic Glass Market, by End-use
7.2.2 Argentina Solar Photovoltaic Glass Market, by Type
7.3 Egypt Solar Photovoltaic Glass Market
7.3.1 Egypt Solar Photovoltaic Glass Market, by End-use
7.3.2 Egypt Solar Photovoltaic Glass Market, by Type
7.4 South Africa Solar Photovoltaic Glass Market
7.4.1 South Africa Solar Photovoltaic Glass Market, by End-use
7.4.2 South Africa Solar Photovoltaic Glass Market, by Type
7.5 Morocco Solar Photovoltaic Glass Market
7.5.1 Morocco Solar Photovoltaic Glass Market, by End-use
7.5.2 Morocco Solar Photovoltaic Glass Market, by Type
7.6 Chile Solar Photovoltaic Glass Market
7.6.1 Chile Solar Photovoltaic Glass Market, by End-use
7.6.2 Chile Solar Photovoltaic Glass Market, by Type
7.7 Rest of LAMEA Solar Photovoltaic Glass Market
7.7.1 Rest of LAMEA Solar Photovoltaic Glass Market, by End-use
7.7.2 Rest of LAMEA 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 LAMEA Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 4 LAMEA Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 5 LAMEA Utility-scale Market, by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Utility-scale Market, by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Residential Market, by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Residential Market, by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Commercial Market, by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Commercial Market, by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 12 LAMEA Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 13 LAMEA Tempered Glass Market, by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Tempered Glass Market, by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Anti-reflective Coated Glass Market, by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Anti-reflective Coated Glass Market, by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA TCO Glass Market, by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA TCO Glass Market, by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Others Market, by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Others Market, by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Solar Photovoltaic Glass Market, by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Solar Photovoltaic Glass Market, by Country, 2024 - 2031, USD Million
TABLE 23 Brazil Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 24 Brazil Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 25 Brazil Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 26 Brazil Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 27 Brazil Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 28 Brazil Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 29 Argentina Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 30 Argentina Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 31 Argentina Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 32 Argentina Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 33 Argentina Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 34 Argentina Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 35 Egypt Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 36 Egypt Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 37 Egypt Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 38 Egypt Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 39 Egypt Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 40 Egypt Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 41 South Africa Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 42 South Africa Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 43 South Africa Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 44 South Africa Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 45 South Africa Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 46 South Africa Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 47 Morocco Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 48 Morocco Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 49 Morocco Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 50 Morocco Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 51 Morocco Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 52 Morocco Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 53 Chile Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 54 Chile Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 55 Chile Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 56 Chile Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 57 Chile Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 58 Chile Solar Photovoltaic Glass Market, by Type, 2024 - 2031, USD Million
TABLE 59 Rest of LAMEA Solar Photovoltaic Glass Market, 2020 - 2023, USD Million
TABLE 60 Rest of LAMEA Solar Photovoltaic Glass Market, 2024 - 2031, USD Million
TABLE 61 Rest of LAMEA Solar Photovoltaic Glass Market, by End-use, 2020 - 2023, USD Million
TABLE 62 Rest of LAMEA Solar Photovoltaic Glass Market, by End-use, 2024 - 2031, USD Million
TABLE 63 Rest of LAMEA Solar Photovoltaic Glass Market, by Type, 2020 - 2023, USD Million
TABLE 64 Rest of LAMEA 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 LAMEA 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 LAMEA Solar Photovoltaic Glass Market share, by End-use, 2023
FIG 6 LAMEA Solar Photovoltaic Glass Market share, by End-use, 2031
FIG 7 LAMEA Solar Photovoltaic Glass Market, by End-use, 2020 - 2031, USD Million
FIG 8 LAMEA Solar Photovoltaic Glass Market share, by Type, 2023
FIG 9 LAMEA Solar Photovoltaic Glass Market share, by Type, 2031
FIG 10 LAMEA Solar Photovoltaic Glass Market, by Type, 2020 - 2031, USD Million
FIG 11 LAMEA Solar Photovoltaic Glass Market share, by Country, 2023
FIG 12 LAMEA Solar Photovoltaic Glass Market share, by Country, 2031
FIG 13 LAMEA 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