Photovoltaics Market Research Reports

Photovoltaics (PV) refers to the renewable energy methods and technologies employed to convert any form of light, including sunlight (solar energy), into direct current (DC) electricity. Photovoltaics is capable of generating renewable electricity from the most abundant renewable energy source, sunlight, and is responsible for the annual global generation of gigawatt-hours (GWh) of electricity from gigawatts (GW) of globally installed capacity. Individual PV installations generate watt-hours (Wh) to megawatt-hours (MWh) of electricity at 4% to 20% efficiency. Photovoltaics was founded through the discovery of the photovoltaic effect by Bell Telephone Laboratory researchers in 1954 using silicon wafers. In addition to common crystalline silicon PV, thin film PV has also been developed as a field of technology. The first applications of PV were for satellites and remote or “off-grid” power generation. Photovoltaics also found common application in calculators before becoming a grid-connected option for generating electricity on rooftops, building-integrated systems (BIPV), and utility-scale power plants. In the future, PV may be used to generate electricity from clothing, bags, consumer appliances and vehicles. Along with wind, hydroelectric, biomass and concentrating solar thermal power (CSP), photovoltaics is a leading renewable energy technology .

Through the photovoltaic effect, electrons in the semiconductor (photoactive) material are energized by photons from incident solar or simulated light and ejected to form a direct current and corresponding voltage. The most common semiconductive materials that have both exhibited the photovoltaic effect and are used for commercial photovoltaics manufacturing include crystalline silicon (both monocrystalline and polycrystalline [polysilicon]), germanium, gallium – arsenic compounds (gallium arsenide; GaAs), indium phosphorous compounds (indium phosphide; InP), other III-V compounds, cadmium telluride (CdTe), copper – indium – selenium (CIS; also including gallium – CIGS; also including sulfur – CIGSS), amorphous silicon (a-Si; aSi), microcrystalline silicon (m-Si, mc-Si, µc-Si), dyes, and organic semiconductive polymers. Photovoltaic technology is produced from either a crystalline silicon wafer (thick film; c-Si photovoltaics) or from deposited thin films (thin film photovoltaics).

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Photovoltaics Industry Research & Market Reports

  • Solar Panel Installation in the US - Industry Market Research Report

    ... uptick in installations. Revenue grew at a CAGR of 2.9% to $14.9 billion over the past five years, including a 0.9% increase in 2023 alone. Industry operators install solar panels as part of general residential ... Read More

  • Quantum Dot Solar Cells

    ... 2030, growing at a CAGR of 22.2% over the analysis period 2024-2030. Consumer End-Use, one of the segments analyzed in the report, is expected to record a 20.1% CAGR and reach US$2.4 Billion by the ... Read More

  • Thin Film and Printed Batteries

    ... Million by 2030, growing at a CAGR of 22.9% over the analysis period 2024-2030. Disposable Batteries, one of the segments analyzed in the report, is expected to record a 17.3% CAGR and reach US$305.0 Million ... Read More

  • Nanophotonics

    ... 38.1% over the analysis period 2024-2030. LED Nanophotonics, one of the segments analyzed in the report, is expected to record a 42.0% CAGR and reach US$227.1 Billion by the end of the analysis period. Growth ... Read More

  • Smart Surfaces

    ... CAGR of 59.2% over the analysis period 2024-2030. Self-Cleaning Surfaces, one of the segments analyzed in the report, is expected to record a 54.3% CAGR and reach US$133.9 Billion by the end of the analysis ... Read More

  • Photovoltaics

    ... 6.0% over the analysis period 2024-2030. Photovoltaic Modules, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$68.0 Billion by the end of the analysis period. Growth ... Read More

  • Rooftop Solar PV

    ... at a CAGR of 13.5% over the analysis period 2024-2030. On-Grid Application, one of the segments analyzed in the report, is expected to record a 13.8% CAGR and reach US$226.7 Billion by the end of ... Read More

  • Solar Photovoltaic Glass

    ... at a CAGR of 25.0% over the analysis period 2024-2030. Utility Application, one of the segments analyzed in the report, is expected to record a 28.0% CAGR and reach US$30.5 Billion by the end of ... Read More

  • Thin Film Materials

    ... at a CAGR of 5.0% over the analysis period 2024-2030. CIGS, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$3.2 Billion by the end of the ... Read More

  • Quantum Dot Photodetectors / Quantum Dot Sensors

    ... expected to reach US$1.1 Billion by 2030, growing at a CAGR of 11.0% over the analysis period 2024-2030. Consumer Electronics End-Use, one of the segments analyzed in the report, is expected to record a 10.7% ... Read More

  • Solar Photovoltaic (PV) Installation

    ... 2030, growing at a CAGR of 17.3% over the analysis period 2024-2030. Grid-Connected Solar PV, one of the segments analyzed in the report, is expected to record a 17.7% CAGR and reach US$998.9 Billion by ... Read More

  • Solar PV Systems

    ... at a CAGR of 20.1% over the analysis period 2024-2030. Utility End-Use, one of the segments analyzed in the report, is expected to record a 12.5% CAGR and reach US$174.7 Billion by the end of ... Read More

  • BIPV Glass

    ... CAGR of 12.8% over the analysis period 2024-2030. Crystalline Silicon Material, one of the segments analyzed in the report, is expected to record a 14.0% CAGR and reach US$6.9 Billion by the end of the ... Read More

  • Building Integrated Photovoltaics (BiPV)

    ... 2030, growing at a CAGR of 21.6% over the analysis period 2024-2030. C-SiTechnology, one of the segments analyzed in the report, is expected to record a 21.2% CAGR and reach US$58.4 Billion by the end ... Read More

  • Metal Oxide Varistors (MOV)

    ... 2030, growing at a CAGR of 12.0% over the analysis period 2024-2030. Ring MOV, one of the segments analyzed in the report, is expected to record a 12.6% CAGR and reach US$16.1 Billion by the ... Read More

  • Concentrated Photovoltaic (CPV)

    ... at a CAGR of 9.5% over the analysis period 2024-2030. Refractor, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$7.8 Billion by the end of the ... Read More

  • Building Integrated Photovoltaic Market by Technology (c-Si (Monocrystalline, Polycrystalline), Thin Film), Application (Roofing, Facades, Externally Integrated Systems), End User (Residential, Commercial, Industrial), Region - Global Forecast to 2029

    ... carbon reduction are becoming more stringent across the world, and governments are rewarding this, giving a boost to numerous goods and technologies, like BIPV systems, for sustainable construction practices. Improved efficiency, flexibility, and aesthetic aspects ... Read More

  • Solar Power Market in US 2025-2029

    ... the solar power market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding ... Read More

  • Electrolyzers Global Market Report 2025

    ... strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond. Reasons to Purchase Gain a truly global perspective with the most comprehensive ... Read More

  • Global Solar PV Panels Market - 2024-2031

    ... the forecast period 2024-2031. The global Solar PV Panels market is experiencing robust growth, driven by increasing demand for renewable energy sources, favorable government policies and advancements in solar technology. Solar PV Panels or photovoltaic ... Read More

  • Saudi Arabia Solar PV Panels Market - 2024-2031

    ... 10.3% during the forecast period 2024-2031. Saudi Arabia Solar Photovoltaic (PV) Panels market is undergoing rapid expansion, driven by the Kingdom's increasing focus on renewable energy as part of its Vision 2030 initiative. Solar PV ... Read More

  • Global Renewable Energy Certificate Market - 2025 - 2032

    ... 26.32% during the forecast period 2025-2032. The global energy landscape is changing dramatically, driven by the need to mitigate climate change and reduce greenhouse gas (GHG) emissions. Renewable Energy Certificates (RECs) have emerged as a ... Read More

  • Building-integrated Photovoltaics Global Market Report 2025

    ... Photovoltaics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market. This report focuses on building-integrated photovoltaics market which is ... Read More

  • Microgrid Market Report by Energy Source (Natural Gas, Combined Heat and Power, Solar Photovoltaic (PV), Diesel, Fuel Cell, and Others), Application (Remote Systems, Institution and Campus, Utility/Community, Defence, and Others), and Region 2025-2033

    ... microgrid market size reached USD 35.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 79.6 Billion by 2033, exhibiting a growth rate (CAGR) of 8.75% during 2025-2033. The rising energy ... Read More

  • 2025 China Building Integrated Photovoltaics (Bipv) Market Forecast (2025-2030 Outlook)-High Tech Outlook Report

    ... the Semiconductor Mfg. industry. The global market is expected to increase from USD xx billion in 2026 to USD xx billion by 2031, at a CAGR of xx% from 2026 to 2031. Estimates on equipment ... Read More

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