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| Region | Market Share (%) | Annual Growth Rate (%) | Key Drivers | Challenges |
|---|---|---|---|---|
| North America | 25 | 6 | Government incentives, Increasing solar adoption | Supply chain disruptions |
| Europe | 30 | 8 | Renewable energy policies, Technological advancement | Regulatory challenges |
| Asia-Pacific | 35 | 10 | Rapid urbanization, Infrastructure development | Market competition |
| Latin America | 5 | 4 | Solar resource availability, Economic growth | Financial volatility |
| Middle East & Africa | 5 | 5 | High solar potential, Investments in energy | Political instability |