Photovoltaics Market Set to Grow at 9.6% CAGR Through 2030 Amid...

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2025-08-07 07:45:20 -

Photovoltaics Market Set to Grow at 9.6% CAGR Through 2030 Amid Rising Demand for Clean Energy

The global photovoltaics market is projected to be valued at USD 613.57 billion in 2025 and USD 968.32 billion by 2030, growing at a CAGR of 9.6% during the forecast period. Grid modernization and the adoption of smart energy systems are crucial in accelerating the integration of photovoltaic power into national grids. Traditional grids were designed for centralized power generation, but the...

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