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Solar Shingles Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 118
  • SKU: IRTNTR73901
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The solar shingles market share is expected to increase to USD 618.91 million from 2021 to 2026, and the market's growth momentum will decelerate at a CAGR of 5.2%.

This solar shingles market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers solar shingles market segmentations by type (silicon photovoltaic and CIGS thing film photovoltaic) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The solar shingles market report also offers information on several market vendors, including Agni Solar System Pvt. Ltd., Alternative Energy Store Inc., Anu Solar Power Pvt. Ltd., Canadian Solar Inc., CertainTeed, E Solar, FlexSol Solutions BV, Hanergy Thin Film Power EME BV, JA Solar Technology Co. Ltd., Luma Solar, PV Technical Services Inc., Solarmass Energy Group Ltd., Sunflare, SunPower Corp., SunTegra Solar, Tesla Inc., Trina Solar Co. Ltd., Vikram Solar Ltd., and Yingli Green Energy Holding Co. Ltd. among others.

What will the Solar Shingles Market Size be During the Forecast Period?

Solar Shingles Market Size

Download the Free Report Sample to Unlock the Solar Shingles Market Size for the Forecast Period and Other Important Statistics

 

Solar Shingles Market: Key Drivers, Trends, and Challenges

The increasing investments in the renewable energy sector is notably driving the solar shingles market growth, although factors such as the intermittent nature of solar power may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the solar shingles industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Solar Shingles Market Driver

The increasing investments in the renewable energy sector is one of the key factors driving the solar shingles market growth. For instance, India is expected to achieve the renewable energy target of 500 GW by 2030. China is also investing in renewable energy, including solar power, as part of its Belt and Road initiative (BRI). As of 2021, 31% of China's investment in BRI was in the solar and wind power sector. Furthermore, many European countries, such as Norway, Iceland, and Sweden, rely on renewable sources for more than half of their total annual power demand. This is due to the implementation of stringent emission norms in countries in the EU. Thus, the shift in focus to renewable sources of energy is increasing investments in the energy industry. This drives the growth of the global solar energy sector, which, in turn, will propel the growth of the global solar shingles market during the forecast period.

Key Solar Shingles Market Trend

The development of zero-energy buildings is one of the key solar shingles market trends supporting market growth. The zero-energy building (ZEB) concept is an energy-efficiency technology, in which the building generates its own power using renewables that are equal to the amount of power it uses on an annual basis. ZEBs are constructed using special materials, such as well-insulated building structures, to prevent leaks from heating/ or cooling. This increases the overall building efficiency. Renewable energy sources, such as solar PV, fuel cells, and energy storage technologies, are used to generate the power required for the building. The power is generated at a site using low-carbon-energy systems, and the interior design mechanism of the building supports reducing the amount of power consumed. Such development of ZEBs will support the market growth during the forecast period.

Key Solar Shingles Market Challenge

The intermittent nature of solar power is one of the factors impeding the solar shingles market growth. Solar energy is not available at all times of the day as fossil fuels. The output of solar power systems varies highly due to the change in the solar irradiation level at different times of the day and in different seasons. This intermittent nature gives rise to the need for backup power to support the power demand and increases operations related to grid planning activities. On the other hand, overcoming the intermittent nature of solar power still needs the use of advanced technology, whereas, in other renewable resources, such as pumped hydropower, the systems make use of the reverse flow of water into the reservoir to generate energy. Such factors associated with solar power will impede the solar shingles market growth during the forecast period.

This solar shingles market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global solar shingles market as a part of the global renewable electricity market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the solar shingles market during the forecast period.

Who are the Major Solar Shingles Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Agni Solar System Pvt. Ltd.
  • Alternative Energy Store Inc.
  • Anu Solar Power Pvt. Ltd.
  • Canadian Solar Inc.
  • CertainTeed
  • E Solar
  • FlexSol Solutions BV
  • Hanergy Thin Film Power EME BV
  • JA Solar Technology Co. Ltd.
  • Luma Solar
  • PV Technical Services Inc.
  • Solarmass Energy Group Ltd.
  • Sunflare
  • SunPower Corp.
  • SunTegra Solar
  • Tesla Inc.
  • Trina Solar Co. Ltd.
  • Vikram Solar Ltd.
  • Yingli Green Energy Holding Co. Ltd.

 

This statistical study of the solar shingles market encompasses successful business strategies deployed by the key vendors. The solar shingles market is fragmented and the vendors are deploying growth strategies such as R&D and innovations to compete in the market.

Product Insights and News

  • Agnisolar.com - The company offers solar single namely Solar Rooftop system.
  • Altestore.com - The company offers solar singles through its subsidiary Real Goods.
  • Certainteed.com - The company offers solar single namely Apollo II.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The solar shingles market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Solar Shingles Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the solar shingles market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Solar Shingles Market?

Solar Shingles Market Market segmentation by region

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34% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the solar shingles market in APAC. Market growth in this region will be slower than the growth of the market in other regions.

The increasing environmental concerns, growing energy demand, and supporting government regulations will facilitate the solar shingles market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Solar shingles installation was negatively impacted due to the social distancing measures taken against the spread of COVID-19. However, due to the rapid vaccination drives and resumption of the construction industry, the demand for solar shingles started to increase in 2021. Therefore, owing to the significant growth in the solar capacity additions across China and the growing focus on BIPV technology, the regional solar shingles market is expected to grow moderately during the forecast

What are the Revenue-generating Type Segments in the Solar Shingles Market?

Solar Shingles Market Segmentation

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The solar shingles market share growth by the silicon photovoltaic segment will be significant during the forecast period. The silicone photovoltaic segment accounted for the largest market share in the global solar shingles market. Solar shingles are building products that are integrated into roof shake, slate roofs, and concrete roofs. Most solar shingles are made of silicone, which is installed with existing roofing materials. Some shingles are made of monocrystalline silicon. Since the cell is composed of a single crystal, electrons that generate electricity have more room to flow. Such factors will drive the silicon photovoltaic segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the solar shingles market size and actionable market insights on post COVID-19 impact on each segment.

 

Solar Shingles Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 5.2%

Market growth 2022-2026

$ 618.91 million

Market structure

Fragmented

YoY growth (%)

5.77

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agni Solar System Pvt. Ltd., Alternative Energy Store Inc., Anu Solar Power Pvt. Ltd., Canadian Solar Inc., CertainTeed, E Solar, FlexSol Solutions BV, Hanergy Thin Film Power EME BV, JA Solar Technology Co. Ltd., Luma Solar, PV Technical Services Inc., Solarmass Energy Group Ltd., Sunflare, SunPower Corp., SunTegra Solar, Tesla Inc., Trina Solar Co. Ltd., Vikram Solar Ltd., and Yingli Green Energy Holding Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Solar Shingles Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive solar shingles market growth during the next five years
  • Precise estimation of the solar shingles market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the solar shingles industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of solar shingles market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Silicon photovoltaic - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Silicon photovoltaic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Silicon photovoltaic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Silicon photovoltaic - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Silicon photovoltaic - Year-over-year growth 2021-2026 (%)
    • 5.4 CIGS thing film photovoltaic - Market size and forecast 2021-2026
      • Exhibit 32: Chart on CIGS thing film photovoltaic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on CIGS thing film photovoltaic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on CIGS thing film photovoltaic - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on CIGS thing film photovoltaic - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Agni Solar System Pvt. Ltd.
              • Exhibit 89: Agni Solar System Pvt. Ltd. - Overview
              • Exhibit 90: Agni Solar System Pvt. Ltd. - Product / Service
              • Exhibit 91: Agni Solar System Pvt. Ltd. - Key offerings
            • 10.4 Alternative Energy Store Inc.
              • Exhibit 92: Alternative Energy Store Inc. - Overview
              • Exhibit 93: Alternative Energy Store Inc. - Product / Service
              • Exhibit 94: Alternative Energy Store Inc. - Key offerings
            • 10.5 CertainTeed
              • Exhibit 95: CertainTeed - Overview
              • Exhibit 96: CertainTeed - Product / Service
              • Exhibit 97: CertainTeed - Key offerings
            • 10.6 FlexSol Solutions BV
              • Exhibit 98: FlexSol Solutions BV - Overview
              • Exhibit 99: FlexSol Solutions BV - Product / Service
              • Exhibit 100: FlexSol Solutions BV - Key offerings
            • 10.7 Luma Solar
              • Exhibit 101: Luma Solar - Overview
              • Exhibit 102: Luma Solar - Product / Service
              • Exhibit 103: Luma Solar - Key offerings
            • 10.8 Solarmass Energy Group Ltd.
              • Exhibit 104: Solarmass Energy Group Ltd. - Overview
              • Exhibit 105: Solarmass Energy Group Ltd. - Product / Service
              • Exhibit 106: Solarmass Energy Group Ltd. - Key offerings
            • 10.9 Sunflare
              • Exhibit 107: Sunflare - Overview
              • Exhibit 108: Sunflare - Product / Service
              • Exhibit 109: Sunflare - Key offerings
            • 10.10 SunTegra Solar
              • Exhibit 110: SunTegra Solar - Overview
              • Exhibit 111: SunTegra Solar - Product / Service
              • Exhibit 112: SunTegra Solar - Key offerings
            • 10.11 Tesla Inc.
              • Exhibit 113: Tesla Inc. - Overview
              • Exhibit 114: Tesla Inc. - Business segments
              • Exhibit 115: Tesla Inc. - Key offerings
              • Exhibit 116: Tesla Inc. - Segment focus
            • 10.12 Vikram Solar Ltd.
              • Exhibit 117: Vikram Solar Ltd. - Overview
              • Exhibit 118: Vikram Solar Ltd. - Product / Service
              • Exhibit 119: Vikram Solar Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 120: Inclusions checklist
                • Exhibit 121: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 122: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 123: Research methodology
                • Exhibit 124: Validation techniques employed for market sizing
                • Exhibit 125: Information sources
              • 11.5 List of abbreviations
                • Exhibit 126: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Solar Shingles Market market growth will increase by $618.91 mn during 2022-2026.
              The solar shingles market market is expected to grow at a CAGR of 5.2% during 2022-2026.
              Technavio has segmented the solar shingles market market by type (Silicon photovoltaic and CIGS thing film photovoltaic) and geography (APAC, North America, Europe, South America, and Middle East and Africa).
              Agni Solar System Pvt. Ltd., Alternative Energy Store Inc., Anu Solar Power Pvt. Ltd., Canadian Solar Inc., CertainTeed, E Solar, FlexSol Solutions BV, Hanergy Thin Film Power EME BV, JA Solar Technology Co. Ltd., Luma Solar, PV Technical Services Inc., Solarmass Energy Group Ltd., Sunflare, SunPower Corp., SunTegra Solar, Tesla Inc., Trina Solar Co. Ltd., Vikram Solar Ltd., Yingli Green Energy Holding Co. Ltd. are a few of the key vendors in the solar shingles market market.
              APAC will register the highest growth rate of 34% among the other regions. Therefore, the solar shingles market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the solar shingles market market growth are:
              • Increasing investments in renewable energy sector
              • Development of zero-energy buildings
              The solar shingles market market vendors should focus on grabbing business opportunities from the silicon photovoltaic segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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