North America Solar PV Glass Market: By Glass Type, By End-User, and Country Forecast to 2030

North America Solar PV Glass Market: By Glass Type (3.2 mm, 2 mm), By End-User (Residential, Commercial), and Country (USA, Canada) Forecast to 2030

North America Solar PV Glass Market installed and glass consumed volume accounted for 418.9 million Sq. mts in 2023 and projected to grow at 7.2% CAGR over the forecast years 2024 – 2030. and Solar photovoltaic (PV) glass is a type of glass that converts solar energy into electricity using solar cells. It is installed on the roofs or facades of buildings to generate enough energy to power the entire structure. An increase in the demand for solar PV installation in North America countries coupled with a decrease in PV module prices, and a rise in rooftop solar installation demand, particularly from the residential sector are a few factors burgeoning the North America solar PV module installation volume. Moreover, technological advancements are revolutionizing the North America solar PV glass market, enhancing efficiency and affordability. Innovations in panel designs, energy storage, and smart grid technologies are making solar power more accessible and reliable. The integration of AI and machine learning is optimizing energy production and reducing costs. In November 2023, perovskite tandem solar cells set a new world record for efficiency, surpassing the previous record set just months earlier.

According to Mercom Capital Group, the top ten utility-scale solar developers accounted for 145 GW of projects between July 2022 and June 2023, with Total Energies leading at 41.3 GW capacity. Despite challenges like supply chain limitations and permitting obstacles, government support initiatives are expected to transform the North America solar PV glass Market. M&A activity is predicted to increase significantly in 2024. Researchers have made progress with multi-junction PV cells, achieving efficiencies of over 45%. Bifacial solar panels, which capture light on both sides, show 30-40% higher efficiency when combined with sun-tracking technology. Agrivoltaics, integrating solar panels with farmland, addresses land-use conflicts and can increase farm yields. However, limitations on PV efficiency, geographic constraints, and lack of awareness hinder adoption. The U.S. Department of Energy notes that a significant portion of sunlight is lost during the conversion process. Manufacturing costs and material availability remain challenges. Emerging trends include advances in silicon photovoltaic technology, which dominates over 90% of the North America solar PV glass market.

North America Solar PV Glass Market Key Developments:
  • In July 2024, SolarEdge Technologies, a provider of inverters, module-level power electronics, battery energy storage, and other related technologies, announced it has been selected by Rutgers University to support the research of dual-use agrivoltaics.
  • In mid-March 2024, Canada’s Silfab Solar, a high-efficiency module manufacturer with plans to expand into South Carolina, said it would source glass from US-based PV panel recycler Solarcycle. Solarcycle is planning a $344 million solar glass fab in the US state of Georgia, supplied by recycled panel materials.

North America Solar PV Glass Market Dynamics

The USA government offers subsidies, incentives, and rebates to improve the adoption of solar energy and enhance energy efficiency across the United States. For instance, the Solar for All Grant Programme aims to increase solar energy availability by awarding large grants ranging from $25 million to $400 million to a wide range of entities, including states, territories, tribal governments, municipalities, and nonprofits. These incentives are intended to finance household solar projects and provide technical help to encourage solar adoption. The programme aims to provide up to 60 grants, greatly increasing solar energy programmes in low-income and disadvantaged communities, and making clean energy more accessible to all. Several state programmes around the United States provide rebates and incentives to help with the upfront expenses of installing solar PV and storage systems for home use. These incentives make renewable energy more affordable and available to homes. As a result of such programmes, system prices in areas such as California increased by 9% in early 2023, demonstrating residents' growing acceptance and demand for solar energy solutions. One promising advancement is in the field of agrivoltaics, which integrates solar panels into farmland without disrupting crop production. For instance, in July 2024, SolarEdge Technologies, a provider of inverters, module level power electronics, battery energy storage, and other related technologies, announced it has been selected by Rutgers University to support research of dual-use agrivoltaics.

North America Solar PV Glass Market Segmentation Analysis

Report Benchmarks

Details

By Glass Type

  • 2 mm
  • 2 mm

By End User

  • Residential
  • Commercial

By Country

  • USA
  • Canada

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory frameworks, and reimbursement scenarios.

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Frequently Asked Questions

The North America solar PV glass market was valued at US$ 1,623.1 million in 2023 and is expected to grow at a 4.6% CAGR from 2024 to 2030.

AGC Inc., Nippon Sheet Glass Co., Ltd., Xinyi Solar Holdings Ltd., Saint-Gobain S.A., Borosil Renewables Limited, Euroglas GmbH, and Trina Solar Limited are some of the major players operating in North America solar PV glass market.

Limitations on PV efficiency, geographic constraints, and lack of awareness are expected to limit the growth of the solar PV glass market.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.North America Solar PV Glass Market Introduction 
2.1.North America Solar PV Glass Market  - Taxonomy
2.2.North America Solar PV Glass Market  - Definitions
2.2.1.Glass Type
2.2.2.End User
2.2.3.Country
3.North America Solar PV Glass Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.North America Solar PV Glass Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.North America Solar PV Glass Market  By Glass Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. 2 mm
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. 2 mm
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.North America Solar PV Glass Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Residential
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Commercial
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.North America Solar PV Glass Market  By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. United States of America (USA)
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Canada
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.United States of America (USA) Solar PV Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Glass Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.2 mm
8.1.2.2 mm
8.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Residential
8.2.2.Commercial
9.Canada Solar PV Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Glass Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.2 mm
9.1.2.2 mm
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Residential
9.2.2.Commercial
10. Competition Landscape
10.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
10.2.1.AGC Inc.
10.2.2.Nippon Sheet Glass Co., Ltd.
10.2.3.Xinyi Solar Holdings Ltd.
10.2.4.Saint-Gobain S.A.
10.2.5.Borosil Renewables Limited
10.2.6.Euroglas GmbH
10.2.7.Trina Solar Limited
10.2.8.Canadian Solar Inc.
10.2.9.JA Solar Holdings Co., Ltd.
10.2.10.JinkoSolar Holding Co., Ltd.
10.2.11.SunPower Corporation
10.2.12.Sisecam Flat Glass
10.2.10.PPG Industries, Inc.
10.2.14.Corning, Inc.
10.2.15.Guardian Industries
11. Research Methodology 
12. Appendix and Abbreviations 

Key Market Players

  • AGC Inc.
  • Nippon Sheet Glass Co., Ltd.
  • Xinyi Solar Holdings Ltd.
  • Saint-Gobain S.A.
  • Borosil Renewables Limited
  • Euroglas GmbH
  • Trina Solar Limited
  • Canadian Solar Inc.
  • JA Solar Holdings Co., Ltd.
  • JinkoSolar Holding Co., Ltd.
  • SunPower Corporation
  • Sisecam Flat Glass
  • PPG Industries, Inc.
  • Corning, Inc.
  • Guardian Industries

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