Solar PV Glass Market Share

On the basis of geographical analysis, the solar PV glass market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific industry is predicted to hold largest revenue share by 2036, propelled by growing adoption of solar energy in the region, and presence of numerous sky-scrappers in developed parts of Japan, China, Singapore, India, Korea, and others.

The market in the North America region is estimated to witness significant CAGR over the forecast period owing to the technological advancement, growing public awareness, and growing government investment in renewable energy sources. Moreover, increasing adoption of advanced technology is anticipated to boost the regional market growth. According to the data by IEA, in the United States 13.2 GW of solar PV were installed in 2019, which was 25% higher than 2018.