Solar Power Window Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 2.60 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Solar Power Window Market Analysis
The total available market for solar power window is expected to grow at a CAGR of 2.6% over the forecast period 2020-2025. The global solar power window is an emerging technology and is expected to gain popularity over the period of 2020-2025. The favorable government policies is expected to drive the demand for solar power window over the study period. However, the factors such as lower efficiency, high initial cost and structural limitations for the solar power window is expected to act as hindrance in the growth of the solar power window market.
- The residential segment is expected to experience higher demand for solar power window over the forecast period, due to lower electricity demand.
- Europe is estimated to have the maximum share of the solar power window market, in 2019. Additionally, the growth rate of the Europe region is expected to be the highest during the forecast period, primarily due to the rapidly research and development activities in the region, over the forecast period.
- The growing electricity demand and flourishing construction sector, globally, is expected to act as an opportunity for solar power window market.
Solar Power Window Market Trends
This section covers the major market trends shaping the Solar Power Window Market according to our research experts:
Residential to Dominate the Market
- The residential sector accounts for a significant share of energy consumption for buildings globally. But the residential buildings, particularly the individual houses, have smaller flat area and lower energy demands. As a result, these homes have been mainly dependent on traditional PV rooftop modules.
- Most of the residential PV demand comes from the western countries, where, due to a relatively lower density of population, the share of individual houses in the residential sector is high. The hotspots for the building-integrated PV demand are also mainly in the western regions.
- The residential sector has a significant potential for the solar window market, and can only be exploited if either the solar windows achieve financial competitiveness with the conventional windows and/or if they achieve efficiency and commercial competitiveness with other BIPV components.
- The success of SwitchGlaze can provide significant opportunities for the market players in exploiting the residential sector. Also, SolarWindow has claimed that the product that they have developed and are about to make available in the market has a smaller payback period than the other BIPV products.
- In September 2018, Taiyo Kogyo Corp. has installed a sunroom using "see-through solar panels" at a private house in Gyoda City, Saitama Prefecture. With a transmittance of 10% (visible light), it eliminates the need for lighting during daylight hours. On the other hand, it blocks more than 90% of solar radiation heat, contributing to cooling the room.
- In the short-term, until an unexpected breakthrough with several installations in solar window technology, the residential market is expected to remain in the niche stage.
Europe to Dominate the Market
- Europe is expected to experience the earliest breakthrough for the technology over the forecast period.
- In 2016, the start-up called Physee – a spin-out company from the University of Delft, have developed a perfectly transparent and aesthetically unobtrusive windows. At first glance, they look like any normal modern windows. However, where an ordinary window reflects 30% of light that reaches its surface, the PowerWindow captures this light for energy generation.
- In July 2017, a Dutch bank in the Netherlands, has installed solar power windows developed by Physee with over 300 square feet. The windows generate enough power to charge a smartphone a few times a day and can’t act as a standalone power source for buildings yet.
- The technology holds a huge and promising potential in European market. The increasing need for the clean energy, government’s focus on reduction of carbon emissions and decreasing available land for installation for conventional solar panels at the load centers, is expected to create the demand for solar power windows over the forecast period, in the region.
Solar Power Window Industry Overview
The global solar power window market is consolidated, due to the small number of active companies operating in the industry. The key players in this market include Physee, Brite Solar, Onyx Solar Energy S.L, Solaria Corporation and EnergyGlass.
Solar Power Window Market Leaders
-
Physee
-
Brite Solar
-
Onyx Solar Energy S.L
-
Solaria Corporation
-
EnergyGlass
*Disclaimer: Major Players sorted in no particular order
Solar Power Window Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Scope of the Study
-
1.2 Market Definition
-
1.3 Study Assumptions
-
-
2. EXECUTIVE SUMMARY
-
3. RESEARCH METHODOLOGY
-
4. MARKET OVERVIEW
-
4.1 Introduction and Market Opportunity
-
4.2 Evolution of the Global Solar Power Window Market
-
4.3 Cost and Efficiency Analysis of Solar Power Window Technology
-
4.4 Government Targets, Policies, and Regulations
-
4.5 Recent Trends and Developments
-
4.6 Investment Opportunities
-
4.7 Market Dynamics
-
4.7.1 Drivers
-
4.7.2 Restraints
-
-
4.8 Supply Chain Analysis
-
4.9 Porter's Five Forces Analysis
-
4.9.1 Bargaining Power of Suppliers
-
4.9.2 Bargaining Power of Consumers
-
4.9.3 Threat of New Entrants
-
4.9.4 Threat of Substitutes Products and Services
-
4.9.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 Application
-
5.1.1 Residential
-
5.1.2 Commercial
-
5.1.3 Other Applications (Agriculture, Automotive, etc.)
-
-
5.2 Geography
-
5.2.1 North America
-
5.2.1.1 United States
-
5.2.1.2 Canada
-
5.2.1.3 Rest of North America
-
-
5.2.2 Europe
-
5.2.2.1 Germany
-
5.2.2.2 United Kingdom
-
5.2.2.3 Spain
-
5.2.2.4 Italy
-
5.2.2.5 Rest of Europe
-
-
5.2.3 Asia-Pacific
-
5.2.3.1 China
-
5.2.3.2 India
-
5.2.3.3 Japan
-
5.2.3.4 Rest of Asia-Pacific
-
-
5.2.4 Rest of the World
-
5.2.4.1 Brazil
-
5.2.4.2 Argentina
-
5.2.4.3 Saudi Arabia
-
5.2.4.4 United Arab Emirates
-
5.2.4.5 South Africa
-
5.2.4.6 Rest of the Countries
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
-
6.2 Strategies Adopted by Leading Players
-
6.3 Company Profiles
-
6.3.1 Brite Solar
-
6.3.2 EnergyGlass
-
6.3.3 Onyx Solar Energy S.L
-
6.3.4 Physee
-
6.3.5 Polysolar
-
6.3.6 Solar Window Technologies Inc.
-
6.3.7 Solaria Corporation
-
6.3.8 Ubiquitous Energy Inc.
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Solar Power Window Industry Segmentation
The solar power window market report include:
| Application | |
| Residential | |
| Commercial | |
| Other Applications (Agriculture, Automotive, etc.) |
| Geography | ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Solar Power Window Market Research FAQs
What is the current Solar Power Window Market size?
The Solar Power Window Market is projected to register a CAGR of 2.60% during the forecast period (2024-2029)
Who are the key players in Solar Power Window Market?
Physee, Brite Solar, Onyx Solar Energy S.L, Solaria Corporation and EnergyGlass are the major companies operating in the Solar Power Window Market.
Which is the fastest growing region in Solar Power Window Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Solar Power Window Market?
In 2024, the Europe accounts for the largest market share in Solar Power Window Market.
What years does this Solar Power Window Market cover?
The report covers the Solar Power Window Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Solar Power Window Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Solar Power Panel Windows Industry Report
Statistics for the 2024 Solar Power Panel Windows market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Solar Power Panel Windows analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
