According to Cognitive Market Research, the global Flexible Solar Panel market size will be USD 481.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 192.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 144.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 209.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 24.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 9.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Aerospace category is the fastest growing segment of the Flexible Solar Panel industry
