Global Solar Photovoltaic Glass Market: A Report on Growth and Sustainability

The global market for Solar Photovoltaic Glass is projected to experience significant expansion, with a compound annual growth rate (CAGR) of 30.2% during the forecast period of 2024 to 2031. This growth is driven by the increasing adoption of renewable energy technologies and supportive regulatory frameworks. Solar photovoltaic glass, which integrates solar cells into building materials, is a critical technology for harnessing solar energy efficiently in applications such as building-integrated photovoltaics (BIPV), greenhouses, and solar panels.

Contribution to Sustainable Development Goals (SDGs)

The expansion of the Solar Photovoltaic Glass market is intrinsically linked to the advancement of several United Nations Sustainable Development Goals (SDGs). The technology serves as a direct enabler for a more sustainable and resilient global future.

SDG 7: Affordable and Clean Energy

Solar PV glass directly supports the objective of ensuring access to affordable, reliable, sustainable, and modern energy for all. By transforming building facades, windows, and roofs into active power-generating surfaces, it facilitates decentralized electricity generation, reduces reliance on fossil fuels, and increases the share of renewable energy in the global energy mix.

SDG 11: Sustainable Cities and Communities

The technology is fundamental to making cities and human settlements inclusive, safe, resilient, and sustainable. Through Building-Integrated Photovoltaics (BIPV), solar glass allows urban infrastructure to generate its own clean energy, reducing the carbon footprint of buildings and contributing to the development of green, energy-efficient urban environments.

SDG 13: Climate Action

By enabling the widespread generation of solar power, the PV glass industry plays a crucial role in combating climate change and its impacts. Each installation contributes to the reduction of greenhouse gas emissions, aligning with global efforts to transition towards a low-carbon economy.

SDG 9: Industry, Innovation, and Infrastructure

The development and deployment of solar photovoltaic glass represent a significant innovation in construction and energy industries. It fosters the creation of resilient infrastructure and promotes inclusive and sustainable industrialization by integrating renewable energy technology directly into the built environment.

Market Segmentation Analysis

By Photovoltaic Cell Type

• Monocrystalline
• Multicrystalline
• Thick film
• Amorphous
• Others

By Application

• Roof Integration
• Skylight
• Facades
• Sunshade
• Curtain Wall
• Canopy
• Carports
• Solar Parking lots

By End-User

• Commercial Buildings
• Residential Buildings
• Industrial Buildings
• Others

Key Market Participants

The market features several prominent industry players, including:

• AGC Solar
• Nippon Sheet Glass Co., Ltd.
• Taiwan Glass Ind. Corp.
• Xinyi Solar Holdings Ltd.
• Sisecam Flat Glass
• Guardian Glass
• Saint-Gobain Solar
• Borosil Glass Works Ltd.
• Henan Huamei Cinda Industrial Co., Ltd
• Guangfeng Solar Glass

Regional Market Outlook

The market analysis covers key geographical regions, providing insights into local dynamics and growth opportunities.

1. North America (U.S., Canada, Mexico)
2. Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands, Rest of Europe)
3. Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia, Rest of Asia Pacific)
4. South America (Colombia, Brazil, Argentina, Rest of South America)
5. Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

1. Which SDGs are addressed or connected to the issues highlighted in the article?

The article on the Solar Photovoltaic Glass Market primarily addresses and connects to the following Sustainable Development Goals (SDGs):

• SDG 7: Affordable and Clean Energy – The core subject of the article is solar photovoltaic glass, a technology designed to “harness solar energy efficiently” and generate electricity, directly contributing to the goal of increasing the use of clean and renewable energy.
• SDG 9: Industry, Innovation, and Infrastructure – The article discusses a specific technological innovation (“Solar photovoltaic glass is a specially designed glass that integrates solar cells”) and its application in infrastructure (“Commercial Buildings, Residential Buildings, Industrial Buildings”). The focus on “technological progress, upcoming innovations” and market growth points to the development of sustainable industries and infrastructure.
• SDG 11: Sustainable Cities and Communities – By integrating electricity generation into building components like “Roof integration, Skylight, Facades, Sunshade, Curtain Wall,” the technology helps create more sustainable buildings and, by extension, more sustainable cities and communities.
• SDG 13: Climate Action – The promotion and growth of solar energy technology are fundamental strategies for combating climate change by reducing dependence on fossil fuels. The expansion of the solar PV glass market is an implicit measure contributing to climate action.

2. What specific targets under those SDGs can be identified based on the article’s content?

Based on the article’s content, the following specific SDG targets can be identified:

SDG 7: Affordable and Clean Energy

• Target 7.2: “By 2030, increase substantially the share of renewable energy in the global energy mix.” The article’s entire focus is on a product that generates solar electricity. The projected market growth (“to grow at a CAGR of 30.2%”) directly supports an increase in the share of renewable energy.
• Target 7.a: “By 2030, enhance international cooperation to facilitate access to clean energy research and technology… and promote investment in energy infrastructure and clean energy technology.” The market report described in the article aims to provide “actionable intelligence” and “investment insights” to businesses, thereby promoting investment in this clean energy technology on a global scale, as indicated by the regional analysis.

SDG 9: Industry, Innovation, and Infrastructure

• Target 9.4: “By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes…” The article describes solar PV glass as a clean technology used in “building-integrated photovoltaics (BIPV)” for commercial, residential, and industrial buildings, which represents a direct upgrade of infrastructure to make it more sustainable.

SDG 11: Sustainable Cities and Communities

• Target 11.6: “By 2030, reduce the adverse per capita environmental impact of cities…” The application of solar PV glass in urban infrastructure (e.g., “Facades, Sunshade, Curtain Wall, Canopy, Carports, Solar Parking lots”) reduces the carbon footprint of buildings, thus contributing to lowering the overall environmental impact of cities.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

Yes, the article mentions and implies several indicators that can be used to measure progress:

Indicators for SDG 7 Targets

• For Target 7.2, the article provides a key metric: the projected market growth rate of “a CAGR of 30.2% during the forecast period 2024 – 2031.” This serves as a strong proxy indicator for the rate of increase in renewable energy capacity. Additionally, the questions in the “People Also Ask” section about “global sales, production, consumption, import, and export figures” refer to data points that directly feed into Indicator 7.2.1 (Renewable energy share in the total final energy consumption).

Indicators for SDG 9 Targets

• For Target 9.4, the article’s discussion of “market size estimation” and market growth for solar PV glass serves as an indicator for the adoption rate of this clean technology in the construction and infrastructure industries. An increasing market size directly implies greater adoption.

Indicators for SDG 11 Targets

• For Target 11.6, the growth of the solar PV glass market, particularly in applications like “Commercial Buildings” and “Residential Buildings,” can be used as an implied indicator. The expansion of this market suggests an increase in the number of buildings that generate their own clean energy, thereby reducing the city’s overall environmental impact.

4. Table of SDGs, Targets, and Indicators

Source: openpr.com