The growth of frameless solar panles market can be primarily attributed to the rising demand for aesthetically pleasing solar panels among the consumers. Also, the growing investment in energy efficiency projects along with favorable government initiatives towards solar energy is expected to fuel the growth of market.

Furthermore, advancements in the solar panel technologies is also expected to propel the market demand. For instance, the German based Fraunhofer Institute for Solar Energy Systems has developed a solar cell technology named TPedge assembly approach. In this approach, the solar cells are fixed in a gas-filled space between two glass panes with special adhesive pins that eliminate the need for encapsulants, backsheets as well as the aluminium frame and sealing. Also, the approach would help reduce the material and production costs of photovoltaic modules.

Frameless solar panels are significantly appealing to those seeking aesthetics, as the panels can appear to be ‘floating’ on the roof. Moreover, frameless modules are inherently less expensive than traditional framed panels while offering better performance due to lack of debris buildup at the edge  of the module as well as no grounding requirements. Also, these modules do not suffer from problems like corrosion of the frames and are more durable. However, one of the major bottlenecks in their adoption is the need for installing specific mounting structures for their appropriate functioning.

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Global Frameless Solar Panels Market Demand Outlook, COVID-19 Impact, Trend Analysis By Type (Monocrystalline, Polycrystalline, Thin-film), By Installation, By Application and Industry Estimates 2020-2027-  “https://quantalignresearch.com/global-frameless-solar-panels-market-report “

Key insights: 

• Monocrystalline segment is likely to hold a significant share of the market during the forecast period
• Commercial segment held a considerable share of the market in 2019, and is expected to witness healthy CAGR over the forecast period
• Europe & North America together are expected to offer significant opportunities. While, Asia-Pacific is projected to augment at the fastest CAGR over the next eight years

Key players operating in the market include Trina Solar; Jinko Solar; Infinity Innovations Ltd.; Canadian Solar; Yingli Solar; Lumos Solar; Avancis GmbH; ViaSolis; among others.