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The polycrystalline solar cell market was valued at USD 3.5 billion in 2024 and is projected to reach USD 8.2 billion by 2037, representing a compound annual growth rate (CAGR) of approximately 6.8% over the forecast period 2025u20132037. These estimates reflect rising deployment of PV systems worldwide, continuing cost declines in silicon-based PV manufacturing, and steady uptake in utility-scale and distributed installations.
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