For the 29th consecutive year, the IEA-PVPS Trends report is now available. The IEA PVPS publishes since 1992 a yearly deep survey on the PV Market and Industry. This document provides the most comprehensive global overview of the development of the Photovoltaics sector, covering policies, drivers, technologies, statistics and industry analysis. · Global PV Installations: A. Photovoltaics is a fast growing market: The Compound Annual Growth Rate (CAGR) of PV installations was about 27% between 2014 to 2024. Moreover. The 2025 Solar Industry Survey was conducted in December of 2024 against a backdrop of shifting political realities and closures of several prominent companies, two years after the solar industry celebrated the passage of the landmark Inflation Reduction Act. Keeping the same number of cells, larger PV module sizes are realized, allowing a power range of up to 750 W per module. The survey aimed to identify evolving patterns.
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