Valued at USD 604.02 billion in 2024, the global photovoltaics market is projected to grow at a CAGR of 9.2% during the 2025–2034 period, reflecting sustained momentum in the transition toward clean energy and decentralized power generation. A segmentation-driven analysis reveals divergent growth patterns across product types, end-user industries, and application segments, each influenced by evolving technological capabilities, pricing structures, and demand-side dynamics. As competition intensifies, factors such as product differentiation, application-specific growth, value chain optimization, and segment-wise performance