Solar Photovoltaic Glass Market Report

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Solar Photovoltaic Glass Market 

• The annual demand for solar photovoltaic glass was USD 10.3 billion in 2024 and is expected to reach USD 13.2 billion in 2025, up 28.3% than the value in 2024.
• During the next 8 years (forecast period of 2025-2032), the solar photovoltaic glass market is expected to grow at a CAGR of 27.5%. The annual demand will reach USD 72.4 billion in 2032, which is almost 5.5 times the demand in 2025.
• During 2025-2032, the solar photovoltaic glass industry is expected to generate a cumulative sales opportunity of USD 289.0 billion, which is almost 8.5 times the opportunities during 2019-2024.

High-Growth Market Segments: 

• North America region holds the largest share of the Solar Photovoltaic Glass Market.
• By type, Tempered Solar PV Glass segment is anticipated to experience the fastest growth in the future.
• By application type, Residential segment is expected to be the largest solar photovoltaic glass market segment during the forecast period.
• By installation type, Patterned Glass is expected to be the largest segment of the solar photovoltaic market during the forecast period.
• By end-use type, Perovskite Module segment holds the largest market share during the forecast period.

Market Statistics 

Have a look at the sales opportunities presented by the solar photovoltaic glass market in terms of growth and market forecast.

Market Dynamics

Introduction:

What is Solar Photovoltaic Glass?

Solar Photovoltaic (PV) glass is an advanced glazing material embedded with solar cells, designed to convert sunlight into electrical energy. It seamlessly combines structural functionality with energy generation, making it ideal for applications such as façades, skylights, and windows. PV glass plays a vital role in promoting sustainable and energy-efficient building design.

Market Drivers: 

Rising Solar Adoption and Policy Support Driving Market

• The solar photovoltaic (PV) glass market is witnessing strong growth due to the rapid expansion of global solar energy installations, driven by the decreasing levelized cost of electricity (LCOE) from solar and technological improvements in module efficiency.
• Stricter environmental regulations and decarbonization targets in regions such as the EU and Asia-Pacific are further fueling demand. Additionally, government subsidies, feed-in tariffs, and tax incentives across major economies are accelerating the transition to renewable energy.
• The increasing integration of anti-reflective coatings, ultra-clear glass, and tempered glass in PV modules is also enhancing performance and durability, thereby boosting market adoption in both utility-scale and building-integrated applications.

Market Challenges:

High Costs and Supply Chain Volatility

• Despite promising growth, the solar PV glass market faces significant challenges. High manufacturing and installation costs, primarily due to energy-intensive production processes and the need for advanced materials, such as low-iron silica, are limiting affordability, especially in developing economies.
• Furthermore, the market remains vulnerable to global supply chain disruptions, particularly in sourcing raw materials like silica, alumina, and specialty coatings.
• Price volatility in glass substrates and limited production capacities of tempered and ultra-clear glass have created bottlenecks, affecting timely deployment. Additionally, the lack of standardized BIPV integration frameworks in emerging markets hinders scalability and adoption.

Market Opportunities: 

Emerging Applications and Urban Development

• The solar photovoltaic (PV) glass market is poised to benefit from increasing demand for building-integrated photovoltaics (BIPV), particularly in the construction of energy-efficient buildings and smart infrastructure.
• Advancements in glass transparency, flexibility, and aesthetics are enabling seamless integration into facades, rooftops, and skylights, transforming glass from a passive material into an active energy generator.
• The shift toward net-zero carbon buildings and favourable green building codes across regions such as Europe and North America is accelerating commercial adoption.
• Moreover, the growing deployment of bifacial PV modules and floating solar farms is opening new avenues for PV glass in both land-scarce and high-performance environments.

Segments' Analysis

By Type

“Tempered Solar PV Glass segment is anticipated to experience the fastest growth in the future.”

• The tempered segment is projected to grow at the fastest CAGR during the forecast period, driven by increasing demand in solar applications.
• Tempered solar PV glass offers superior strength compared to standard annealed glass, providing better resistance to wind, hail, and impacts, while also enhancing safety by shattering into small, less harmful pieces.
• The growing need for durable, high-performance materials that withstand harsh environmental conditions is fueling the adoption of tempered glass in long-lasting solar installations.

By End Use Type

“Perovskite Module segment holds the largest market share during the forecast period.”

• The perovskite module segment is expected to grow at the fastest CAGR of 31.4% during the forecast period, signaling strong market momentum.
• Perovskite materials offer efficiency levels comparable to or higher than traditional silicon-based solar cells, while benefiting from lower production costs and simpler manufacturing processes.
• The combination of high performance and affordability makes perovskite modules an attractive choice for reducing the overall cost of solar energy, driving their rising demand.

Regional Analysis

“North America is estimated to be the largest market during the forecast period.”

• The North American solar PV glass market is projected to register the highest CAGR during the forecast period.
• Solar PV glass is increasingly used in building façades and windows, enabling on-site electricity generation while improving energy efficiency.
• The growing adoption of building-integrated photovoltaics (BIPV) in residential and commercial construction, driven by stricter energy standards, is fueling demand for solar PV glass in the region.

Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the solar photovoltaic glass market -  

• Xinyi Solar Holdings Ltd. (China)
• IRICO Group New Energy Co., Ltd. (China)
• Flat Glass Group Co., Ltd (China)
• Qingdao Jinxin Glass Co., Ltd. (China)
• Dongguan CSG Solar Glass Co., Ltd. (China)
• AGC Inc. (Japan)
• Nippon Sheet Glass Co., Ltd. (Japan)
• Taiwan Glass Ind. Corp. (Taiwan)

Note: The above list does not necessarily include all the top players in the market.

Are you a leading player in this market? We would love to include your name. Please write to us at [email protected]

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation 

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The global solar photovoltaic glass market is segmented into the following categories. 

Global Solar Photovoltaic Glass Market, by Type

• AR-Coated Solar PV Glass
• Tempered Solar PV Glass
• TCO-Coated Solar PV Glass

Global Solar Photovoltaic Glass Market, by Application Type

• Residential
• Non-Residential
• Utility

Global Solar Photovoltaic Glass Market, by Installation Type

• Float Glass Technology
• Pattern Glass Technology

Global Solar Photovoltaic Glass Market, by End Use Type

• Crystalline Silicon PV Module
• Thin Film PV Module
• Perovskite Module

Global Solar Photovoltaic Glass Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Italy, The UK, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s global solar photovoltaic glass market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 10.3 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]