(EnergyIndustry.Net, May 17, 2023 ) As per Maximize Market research, the total global market for “Solar Shingles Market” was USD 344.02 Bn in 2022 and is expected to grow at a CAGR of 5.46 percent over the forecast period to reach USD 499.18 Bn by 2029.
Solar Shingles Market Report Scope and Research Methodology
The Solar Shingles Market report presents a detailed analysis using primary and secondary data to maintain the authenticity of the report. The report showed the future prospect and current market dynamics, scope, opportunities, restraints, and drivers of the Solar Shingles Market. The statistical data is deliberated by using a bottom-up approach.
As the demand for clean energy continues to grow, many people are looking for alternative ways to power their homes and businesses. Solar shingles are a type of roofing material that contains photovoltaic cells, which can convert sunlight into electricity.
Solar Shingles Market Regional Insights
The North American market for solar shingles is expected to experience significant growth because of its demand for sustainable energy sources in the United States and Canada. The U.S. is expected to be the largest market for solar shingles by factors like increasing awareness about the benefits of renewable energy sources and the availability of government incentives.
Maximize Market Research, a leading Energy & Power research firm has also published the following reports:
Solar Lights Market : The market size is expected to reach USD 18.16 Bn by 2029 at a CAGR of 10.9 percent during the forecast period.
Solar Concentrator Market : The market size is expected to reach USD 56.79 Bn by 2029 at a CAGR of 14.3 percent during the forecast period.
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