Solar Market to Triple in Size by 2034
Update: 2025-11-24
Description
The global solar engineering, procurement, and construction market is projected to triple in size by 2034, driven by supportive policies, falling technology costs, and rising clean energy demand. This expansion underscores solars growing role in the energy transition, with specialized companies playing a crucial part in building solar infrastructure. The Asia-Pacific region is expected to lead this growth, but challenges such as unpredictable regulations and a reliance on imports for key components must be addressed for the market to reach its full potential.
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