Photovoltaics Equipment: Global Market Entering a Phase of Unprecedented Growth

ISC Konstanz and the Fraunhofer Institute for Solar Energy Systems ISE have conducted an analysis of the market situation for PV manufacturing equipment on behalf of the VDMA. The study forecasts that the global annual capital expenditure (CAPEX) for PV manufacturing equipment is projected to rise from 16.6 billion dollars in 2025 to 43.8 billion dollars by 2035, resulting in a cumulative global…