Global PV Junction Box Market Growth 2023-2029

Global PV Junction Box Market Growth 2023-2029

Product Code:457426

Published Date: Feb 08,2023

Pages: 120

Region: Global

Category: Electronics & Semiconductor

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

A photovoltaic (PV) junction box is an important part of the solar panels. The junction box is an enclosure on the module where the PV strings are electrically connected. Junction boxes are installed by photovoltaic (PV) manufacturers directly on to the back of every PV panel and serve as the interface between the conductors ribbons on the panel and the DC input and output cables.

LPI (LP Information)' newest research report, the “PV Junction Box Industry Forecast” looks at past sales and reviews total world PV Junction Box sales in 2022, providing a comprehensive analysis by region and market sector of projected PV Junction Box sales for 2023 through 2029. With PV Junction Box sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PV Junction Box industry.

This Insight Report provides a comprehensive analysis of the global PV Junction Box landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PV Junction Box portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PV Junction Box market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PV Junction Box and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PV Junction Box.

The global PV Junction Box market size is projected to grow from US$ 1189.6 million in 2022 to US$ 1943.1 million in 2029; it is expected to grow at a CAGR of 1943.1 from 2023 to 2029.

Global PV Junction Box key players include ZJRH, Jinko, Tonglin, GZX, TE Connectivity, etc. Global top five manufacturers hold a share about 25%. China is the largest market, with a share about 50%, followed by North America and Europe, both with a share about 15 percent. In terms of product, Non-Potting PV Junction Box is the largest segment, with a share about 50%. And in terms of application, the largest application is Utility, followed by Commercial, and Residential.

This report presents a comprehensive overview, market shares, and growth opportunities of PV Junction Box market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Potting PV Junction Box
    Non-Potting PV Junction Box

Segmentation by application
    Residential
    Commercial
    Utility

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    ZJRH
    Sunter
    JMTHY
    Forsol
    QC
    Friends Technology
    Amphenol
    Yitong
    Tonglin
    LV Solar
    GZX
    Xtong Technology
    UKT
    Yangzhou Langri
    Dongguan Zerun
    Linyang
    Jiangsu Haitian
    Jinko
    Wintersun
    ZJCY
    TE Connectivity
    Yukita
    Lumberg
    Kostal
    Bizlink
    Shoals
    Stäubli Electrical Connectors
    Onamba
    Kitani
    Hosiden

Key Questions Addressed in this Report
What is the 10-year outlook for the global PV Junction Box market?
What factors are driving PV Junction Box market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PV Junction Box market opportunities vary by end market size?
How does PV Junction Box break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?