LONDON--(BUSINESS WIRE)--Technavio has been monitoring the solar cover glass market and it is poised to grow by USD 1.04 billion during 2020-2024, progressing at a CAGR of about 29% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Low impact on the solar cover glass market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions-
- Based on segmentation by application, which is the leading segment in the market?
- The utility segment is expected to be the leading segment based on application in the global market during the forecast period.
- What are the major trends in the market?
- Government regulations supporting solar power generation is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of about 29%, the incremental growth of the market is anticipated to be USD 1.04 billion.
- Who are the top players in the market?
- AGC Inc., Borosil Glass Works Ltd., Euro Multivision Ltd., Interfloat Corp., Nippon Sheet Glass Co. Ltd., ONYX SOLAR ENERGY SL, Sisecam Group, Taiwan Glass Ind. Corp., Targray Technology International Inc., and Xinyi Solar Holdings Ltd. are some of the major market participants.
- What are the key market drivers and challenges?
- The rise in solar PV installations is one of the major factors driving the market. However, the intermittent nature of solar energy restraints the market growth.
- How big is the APAC market?
- The APAC region will contribute 75% of market growth.
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View market snapshot before purchasing
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AGC Inc., Borosil Glass Works Ltd., Euro Multivision Ltd., Interfloat Corp., Nippon Sheet Glass Co. Ltd., ONYX SOLAR ENERGY SL, Sisecam Group, Taiwan Glass Ind. Corp., Targray Technology International Inc., and Xinyi Solar Holdings Ltd. are some of the major market participants. The rise in solar PV installations will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this solar cover glass market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Solar Cover Glass Market 2020-2024: Segmentation
Solar Cover Glass Market is segmented as below:
-
Application
- Utility
- Commercial
- Residential
-
Geography
- APAC
- North America
- MEA
- Europe
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR45237
Solar Cover Glass Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The solar cover glass market report covers the following areas:
- Solar Cover Glass Market Size
- Solar Cover Glass Market Trends
- Solar Cover Glass Market Analysis
This study identifies government regulations supporting solar power generation as one of the prime reasons driving the solar cover glass market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Solar Cover Glass Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist solar cover glass market growth during the next five years
- Estimation of the solar cover glass market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the solar cover glass market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of solar cover glass market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Utility - Market size and forecast 2019-2024
- Commercial - Market size and forecast 2019-2024
- Residential - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AGC Inc.
- Borosil Glass Works Ltd.
- Euro Multivision Ltd.
- Interfloat Corp.
- Nippon Sheet Glass Co. Ltd.
- ONYX SOLAR ENERGY SL
- Sisecam Group
- Taiwan Glass Ind. Corp.
- Targray Technology International Inc.
- Xinyi Solar Holdings Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
-
List of abbreviations
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