Photovoltaics Market Worth $345.59 Billion by 2020 - New Report by MarketsandMarkets

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Feb 25, 2015, 00:10 ET


(PRWEB) February 25, 2015 -- The photovoltaic market is growing rapidly in many segments and applications due to various reasons such as their environmental friendly attributes, minimum maintenance, and cost saving. The major market players are investing heavily in PV technology. Furthermore, many governments are also providing various incentives and funding to this market.

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Browse 80 market data tables and 95 figures spread through 210 pages and in-depth TOC on "Photovoltaics Market" through this report.

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Photovoltaic systems are used to convert sunlight into electricity. They are safe, reliable, incur less operating costs, and are easy to install. The speed at which the PV market is growing has introduced new challenges in the management of the electricity system. The enormous potential of solar PV and its various beneficial attributes is majorly driving the market for the same.

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The competitive landscape of the market presents valuable insights about the players in the Photovoltaics Market. The global Photovoltaics Market report profiles 12 promising players in the market and further explains their business overview, product portfolio, recent developments, and the key strategies adopted by the same. The market is witnessing numerous collaborations and partnership agreements across the value chain between tier-one companies.

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