Solar Photovoltaic (PV) Market Share, Size, Growth and Forecast 2022-2027
The latest research study "Solar Photovoltaic (PV) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global solar photovoltaic (PV) market reached 883.4 TWh in 2021. Looking forward, IMARC Group expects the market to reach 2,434.93 TWh by 2027, exhibiting a growth rate (CAGR) of 17.70% during 2022-2027. A solar photovoltaic (PV) system refers to an arrangement consisting of solar panels with an inverter and other electrical and mechanical hardware that convert sunlight directly into electrical energy. It relies on mounting structures that point panels towards the sun for converting direct current…