New York , Feb. 22, 2024 (GLOBE NEWSWIRE) — The global thin-film photovoltaic market size is estimated to attain at 16% CAGR from 2024 to 2036. The market is expected to garner a revenue of USD 29 billion by the end of 2036, up from a revenue of USD 5 billion in the year 2023. The growth of the market is attributed to the rising preference for eco-friendly and energy-efficient systems across the world. Solar cells account for 16% of the total electricity produced by renewable sources in the year 2022 rising from the base of 14% in 2021.

(GlobeNewsWire)