Thermophotovoltaics Market revenue to reach USD 20 Billion by 2035, says Research Nester

New York, Oct. 09, 2023 (GLOBE NEWSWIRE) — The global thermophotovoltaics market size is expected to expand at ~7% CAGR from 2023 to 2035. The market is anticipated to garner a revenue of USD 20 Billion by the end of 2035, up from a revenue of ~USD 10 Billion in the year 2022. This growth is set to be dominated by growing demand for energy. 580 million terajoules of energy are utilized globally every year, according to estimates. This is set to influence the market for thermophotovoltaics.Thermophotovoltaics Market: Key Takeaways 
(GlobeNewsWire)