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The Canada solar energy market size is forecast to increase by USD 2.26 billion at a CAGR of 24.16% between 2023 and 2028. The market is witnessing significant growth due to several key factors. One of the primary drivers is the increasing government support for solar power technology, with various initiatives aimed at promoting renewable energy and reducing carbon emissions. Another trend influencing the market is the growing adoption of pay-as-you-go (PAYG) models, making them more accessible and affordable for residential consumers. However, competition from alternative energy sources, such as wind and hydroelectric power, presents a challenge to the market's growth. Additionally, the high upfront costs of solar panel installation and the intermittent nature of this remain obstacles to wider adoption.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Market Segmentation by Technology
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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