According to NextMSC, the global photovoltaic market was valued at 87.2 billion U.S. dollars in 2019.
The photovoltaic market is forecast to have a value of 251.4 billion U.S. dollars by 2030, growing at a CAGR of 10.1 percent from 2020 to 2030.
Market value of photovoltaics worldwide in 2019 with a forecast for 2030
(in billion U.S. dollars)
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Next Move Strategy Consulting. (July 22, 2021). Market value of photovoltaics worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1255392/global-photovoltaic-market-size/
Next Move Strategy Consulting. "Market value of photovoltaics worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars)." Chart. July 22, 2021. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1255392/global-photovoltaic-market-size/
Next Move Strategy Consulting. (2021). Market value of photovoltaics worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1255392/global-photovoltaic-market-size/
Next Move Strategy Consulting. "Market Value of Photovoltaics Worldwide in 2019 with a Forecast for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jul 2021, https://www.statista.com/statistics/1255392/global-photovoltaic-market-size/
Next Move Strategy Consulting, Market value of photovoltaics worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1255392/global-photovoltaic-market-size/ (last visited January 03, 2025)
Market value of photovoltaics worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, July 22, 2021. [Online]. Available: https://www.statista.com/statistics/1255392/global-photovoltaic-market-size/
