Flexible Electronics News

Photovoltaic Market Worth $113.1 Billion by 2025: MarketsandMarkets

Valued at $76.6 billion in 2020.

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By: Anthony Locicero

Copy editor, New York Post

According to the report “Photovoltaic Market with COVID-19 Impact, by Component (Modules, Inverters), Material (Silicon, Compounds), Installation Type (Ground Mounted, BIPV), Application (Residential, Commercial & Industrial, Utilities) and Region – Global Forecast to 2025,” the photovoltaic market size is expected to grow from $76.6 billion in 2020 to $113.1 billion by 2025, at a CAGR of 8.1%.    The supportive government policies and initiatives are expected to fuel t...

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