Solar PV Glass Market Size - By Technology (Float, Pattern), By Product (Annealed, Tempered/Toughened), End Use (Crystalline Silicon Module, Amorphous Silicon/ CdTe Module, Thin-Film CIS/CIGS Module), & Forecast, 2025 - 2034

Solar PV Glass Market Size

The global solar PV glass market was valued at USD 53.5 billion in 2024 and is estimated to grow at a CAGR of 7.9% from 2025 to 2034. The demand for solar PV glass is directly impacted by the notable increase in solar installations brought about by the global push for renewable energy sources.
 

Additionally, developing nations in Latin America, Africa, and Southeast Asia are starting to increase their solar energy investments. With the aim of supplying up to 1 GW of sustainable energy by 2030, the Philippines and the United Arab Emirates' state energy company, Masdar, inked a USD 15 billion deal in January 2025. This will increase demand for solar PV glass, particularly in areas with limited access to energy or land. Additionally, economies of scale and technological developments have lowered the cost of producing solar PV glass, making it more accessible and propelling market expansion.
 

The market will develop because of rising interest in hybrid systems, continued acceptance of floating solar technology throughout Europe, and a growing emphasis on renewable energy. Of the 585 GW of renewable energy capacity, 32.2% came from solar energy, according to IRENA 2024. Furthermore, the use of the product is expected to be stimulated by technology improvements and the global trend towards renewable energy.
 

Companies like SunDrive Solar are investigating using more affordable and plentiful copper instead of silver in solar cells. This might lower production costs and lessen dependency on limited resources, which would propel industry expansion. In 2024, Xinyi solar achieved a 9.6% YOY growth in its solar glass business for its sales volume in tonnes. In addition, rising adoption of bifacial solar panels which utilize transparent PV glass along with growing utilization of ultra-thin and flexible perovskite solar cells will augment the industry landscape.
 

Solar PV Glass Market Trends

• The industry landscape will be enhanced by the growing use of solar panels in BIPV applications, which include features like transparency and customized shapes, as well as their growing integration into buildings through solar windows, facades, and roofs. Eco-friendly coatings that increase efficiency while lessening the environmental impact of manufacturing processes are another development in solar PV glass. From production to end-of-life, these advancements are a part of a larger movement to make solar electricity more sustainable.
   
• Laws aimed at reducing greenhouse gas emissions and strict policies and regulations on the usage of renewable energy are expected to increase market revenue. To expedite the licensing process for renewable energy projects, for example, the U.S. Department of Energy (DOE) updated its National Environmental Policy Act (NEPA) regulations in April 2024. The industry is expected to grow because of ongoing government programs encouraging the use of sustainable energy in building envelopes.
   
• Ongoing initiatives to enhance the photovoltaic potential, especially across emerging economies will complement the business landscape. Introduction of subsidies and rebates, along with shifting focus on clean energy sources is anticipated to propel the market growth. IEA, in 2024, anticipated that the power sector will invest more than USD 500 billion in solar PV technology.
   

Solar PV Glass Market Analysis

• The global market for solar PV glass amounted to USD 29.8 billion, USD 50.3 billion and USD 53.5 billion in 2022, 2023 and 2024 respectively. Based on technology, the market is segmented into float, and pattern.
   
• The float solar PV glass market is set to reach more than USD 62 billion by 2034, driven by the need for sustainable energy solutions in regions with limited land availability. Key factors including the ability to withstand harsh environmental conditions, particularly the corrosive effects of water, enhanced durability for aquatic environments and adaptation to different water bodies are set to stimulate the business statistics.
   
• The pattern PV glass market will grow at a CAGR of more than7.5% through 2034 on account of its ability to increase light absorption and boost the solar panel efficiency. The textured patterns, support reduce reflection and glare, which can be used in places with high population densities where glare reduction is essential, thereby driving the product adoption. For example, in January 2025, South Korean researchers built a BIPV system that uses patterned glass for aesthetic reasons. The textured BIPV module's energy yield was just 0.5% lower.
   

• Based on end use, the solar PV glass market is segmented into crystalline silicon, amorphous silicon and thin film. The amorphous silicon segment accounted for 76.6% market share in 2024 owing to their lighter weight, flexibility, and potential for lower manufacturing costs.
   
• Adoption in the urban and architectural markets is being driven by an increasing integration of semi-transparent panels into building facades, windows, or roofs to fit in with the architectural designs. They are generally cheaper to produce due to their simpler manufacturing processes, driving adoption in cost-sensitive markets. In addition, regions with less sun or limited space, amorphous silicon is seeing higher adoption due to its suitability for low-light conditions and integration into non-traditional installations, like building facades.
   
• The growing demand for renewable energy worldwide and technical improvements will propel Crystalline Silicon's growth to USD 1.1 billion. For example, Trina Solar set a new world record for large-area HJT PV modules in January 2025 when they reached 25.44% efficiency with their high-efficiency n-type solar total passivation (TOPAS) HJT PV modules. Furthermore, improvements in manufacturing will boost product penetration by lowering costs and increasing efficiency.
   
• Thin film CIS/CIGS module market because of its potential for great efficiency and versatility, the market is expected to develop at a compound annual growth rate (CAGR) of 8.5%. The market will rise because of recent advancements including the CIGS-based solar cells with efficiency of up to 22.6%, the creation of flexible and lightweight PV technologies, and further investments in thin film PV technologies. For example, the Japanese government is giving Sekisui Chemical up to $1 billion in subsidies in February 2025 to produce perovskite solar film and create environmentally friendly supply chains.
   

• The U.S. solar PV glass market size crossed USD 2.2 billion, USD 3.4 billion and USD 3.5 billion in 2022, 2023 and 2024 respectively. North America accounted for more than 7.5% market share in 2024 owing to technological advancements, regulatory policies, economic considerations, and the overall push toward renewable energy.
   
• Increasing solar PV installations on account of falling solar panel costs, federal and state incentives, and the growing focus on reducing carbon emissions along with adoption of advanced PV glass products with features like anti-reflective coatings and low-iron glass will drive the business scenario. Furthermore, innovations including smart glass, can alter its properties to optimize energy collection or reduce heat absorption, may also become more common in solar panels in the U.S., contributing to the adoption of more advanced PV glass technologies.
   
• Asia Pacific solar PV glass market is set to reach USD 56 billion by 2034, on account of competitive advantages in energy costs, raw material and labor across China. Large scale concentration of downstream module production will complement the business scenario. Key production hubs including Vietnam, Malaysia, India coupled with growing module manufacturers is anticipated to augment the market growth.
   
• Europe solar PV glass market is set to register more than 8% CAGR through 2034, driven by key factors including rapid development of module manufacturers and introduction of new production facilities. The European Union had 64-65 GW of new PV capacity installed in 2024, with an increase of 5% in comparison to 61.9 GW in 2023. In addition, adoption of bifacial solar panels, which require double-glass PV modules, are gaining traction in utility-scale and large commercial projects, thereby driving the market growth.
   

Solar PV Glass Market Share

• The top 5 companies operating in the solar PV glass industry include Xinyi Solar Holdings, Flat Glass Group, Jin Jing Group, Asahi Glass and Guangdong Golden Glass Technologies contribute 45% of the overall market share. The solar PV glass industry is highly competitive, with key players from Asia and other regions vying for market share. Technological advancements in glass composition, coatings, and efficiency improvements in solar cells are key factors that will shape the future of the industry.
   
• Furthermore, sustainability, innovation, and cost-efficiency will continue to drive competition as solar energy adoption accelerates globally. Some companies in the solar PV glass industry are vertically integrating their operations, from raw material production to glass manufacturing and solar panel assembly. This helps improve margins, streamline supply chains, and ensure a reliable supply of high-quality glass for solar panels.
   

Solar PV Glass Market Companies

• Asahi Glass is a leading Japanese multinational specializing in glass, electronics, chemicals, and ceramics. The company has 53,687 employees as of December 2024. Further, Asahi India Glass Ltd., on-boarded Enormous Brands to create brand films for its complete doors and windows solutions brand, AIS Windows.
   
• Flat Glass Group is a prominent Chinese manufacturer specializing in the production and sale of various glass products. The company has established manufacturing facilities in countries such as Vietnam and has announced plans to invest approximately USD 290 million to build a PV glass plant in Indonesia, aiming to reduce production costs and enhance its global market position. As of 2023, Flat Glass Group reported revenues of USD 0.14 billion.
   

Eminent players operating in the solar PV glass market are:

• Asahi Glass
• Borosil
• Flat Glass Group
• Guardian Industries
• Guangdong Golden Glass Technologies
• Hecker Glastechnik
• Interfloat Corporation
• Jin Jing Group
• Nippon Sheet Glass
• Onyx Solar Energy
• Saint Gobain
• Sisecam Group
• Sunarc Technology
• Vidur Glass
• Xinyi Solar Holdings
   

Solar PV Glass Industry News

• In December 2024, Xinyi Solar Holdings Limited, and Xinyi Energy Holdings Limited won awards at the 6^th BDO ESG Awards 2024. These include Best in ESG Awards, Best in Reporting-Middle Market and Best in Reporting- Small Market, valuing the continuous efforts and investments of the companies in ESG. Further, Xinyi Solar intends to enhance operation and management and realize sustainable and high quality development of its solar glass and solar power business.
   
• In June 2023, Saint-Gobain India put up a captive thin glass manufacturing unit for First Solar at its World Glass Complex in Sriperumbudur. It will further be utilized by the company for the 3.3 GW to make integrated photovoltaic thin film solar module at Pillaipakkam, thereby strengthening the company partnerships.
   
• In August 2021, Asahi India Glass Limited (AIS) partnered with Ahmedabad-based Vishakha Group to set up a solar glass manufacturing plant in Mundra, India. The greenfield site will have a capacity of up to 3 GW. Further, the plant is anticipated to be commissioned within the next 18-24 months, augmenting the company growth.
   

This solar PV glass market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue and volume in “USD Million & Million meter square” from 2021 to 2034, for the following segments:

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Market, By Technology

• Float
• Pattern

Market, By Product

• Annealed
• Toughened/Tempered

Market, By End Use

• Crystalline Silicon Module
• Amorphous Silicon, CdTe Module
• Thin-film CIS/CIGS Module

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Netherland
  • Italy
  • Germany
  • Sweden
• Asia Pacific
  • China
  • Australia
  • India
  • Japan
  • South Korea
• Middle East
  • Israel
  • Saudi Arabia
  • UAE
  • Jordan
• Africa
  • South Africa
  • Egypt
• Latin America
  • Brazil
  • Chile