Solar photovoltaic (PV) industry module revenues are forecast to decline 20 percent in 2013 to $20.5 billion from $25.5 billion in 2012. While revenues will remain below 2012 levels during 2013 and 2014, they are set to increase from 2015 onward. According to the NPD Solarbuzz Marketbuzz 2013 report, PV module revenue is expected to reach $32 billion by 2017.