Solar Photovoltaic Glass Market to Reach $243.7 billion, Globally, by 2033 at 30.5% CAGR: Allied Market Research
Wilmington, Delaware, May 09, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Solar Photovoltaic Glass Market by Type (Anti-reflective Coated Glass, Tempered Glass, TCO Glass, and Others), and End-use Industry (Residential, Commercial, and Utility-scale): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the "Solar Photovoltaic Glass Market" was valued at $17.1 billion in 2023, and is estimated to reach $243.7 billion by 2033, growing at a CAGR of 30.5% from 2024 to 2033.
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Prime determinants of growth
Surge in demand for residential applications and supportive government policies for using photovoltaic technology drive the growth of the global solar photovoltaic glass market. However, high initial costs hinder market growth. Moreover, the rise in demand for renewable energy creates new opportunities in industry.
Report Coverage & Details:
Report Coverage | Details |
Forecast Period | 2024–2033 |
Base Year | 2023 |
Market Size in 2023 | $17.1 billion |
Market Size in 2033 | $243.7 billion |
CAGR |
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