Post Time:Nov 05,2020Classify:Industry NewsView:1055
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
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.
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.
Solar Cover Glass Market is segmented as below:
Source: https://www.businesswire.com/Author: shangyi