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| Region | Market Share (%) | Growth Rate (CAGR) | Key Applications | Trends |
|---|---|---|---|---|
| North America | 30% | 6% | Residential, Commercial | Increasing adoption of renewable energy |
| Europe | 25% | 5% | Utility-scale Solar Farms | Strong government incentives for solar |
| Asia-Pacific | 35% | 8% | Industrial, Agricultural | Rapid urbanization and energy demand |
| Latin America | 5% | 4% | Small-scale Solar Installations | Increased focus on sustainability |
| Middle East & Africa | 5% | 7% | Renewable Energy Projects | Emerging market opportunities |