Solar Equipment Market Share

North America Market Statistics

North America industry is expected to account for largest revenue share by 2037, attributed to growing deployment of solar farms in several nations in the region, followed by lucrative federal tax credit incentives initiated by the government of the U.S. for the greater adoption of solar equipment.

APAC Market Analysis

Alternatively, the market in the Asia Pacific is projected to grow with the highest CAGR during the forecast period, backed by the growing awareness amongst the customers, and the rising concern for the environment.