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| Region | Market Share (%) | Growth Rate (CAGR) | Key Drivers |
|---|---|---|---|
| North America | 30 | 4.5% | High demand for smart home devices |
| Europe | 25 | 3.8% | Regulations for energy efficiency |
| Asia Pacific | 35 | 5.8% | Rapid urbanization and modernization |
| Latin America | 5 | 2.1% | Growing infrastructure projects |
| Middle East & Africa | 5 | 3.0% | Increasing electrification rates |