A solar cell junction box is attached to the back of the solar panel. It wires the connectors together and is the output interface of the solar panel. The cables from a junction box transport the electricity from the solar panel to array junction box.
The global Solar Cell Junction Boxes market size is projected to grow from US$ 1351 million in 2023 to US$ 2329.1 million in 2030; it is expected to grow at a CAGR of 8.1% from 2024 to 2030.
The 鈥淪olar Cell Junction Boxes Industry Forecast鈥� looks at past sales and reviews total world Solar Cell Junction Boxes sales in 2023, providing a comprehensive analysis by region and market sector of projected Solar Cell Junction Boxes sales for 2024 through 2030. With Solar Cell Junction Boxes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Cell Junction Boxes industry.
This Insight Report provides a comprehensive analysis of the global Solar Cell Junction Boxes 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 Solar Cell Junction Boxes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Solar Cell Junction Boxes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Cell Junction Boxes 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 Solar Cell Junction Boxes.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.217 GW. Rising energy demand is expected to drive the global solar photovoltaic junction box market. Globally, energy demand is expected to increase as rapid industrialization and urbanization of the world is the main reason for the increase in global energy demand, while populous countries such as China, India, etc. are expected to witness increased energy demand. Demand growth exceeds 60% of current global energy use. The photovoltaic junction box of the solar panel is an important component. The solar photovoltaic junction box protects all the electrical components on the solar panel from the elements of nature. Corrosion at the terminals can be minimized by using a solar photovoltaic junction box. It controls temperature and ensures long-term safety. As the generation of electricity from solar resources increases, the demand for solar panels and other equipment required for the construction of solar power plants is expected to increase. Hence, the demand for solar photovoltaic junction boxes is expected to grow exponentially throughout the forecast period. There is growing demand for renewable energy, and solar power, backed by the government's ambitious green energy ambitions, has become a big draw for investors. Over the past decade, countries such as China, Germany, and the U.S. have emerged as solar powerhouses and increased solar power generation, which has contributed to the growth of the solar photovoltaic junction box market.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Cell Junction Boxes market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Potting Solar Cell Junction Boxes
Non Potting Solar Cell Junction Boxes
Segmentation by application
Residential
Commercial
Industrial
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.
TE Connectivity
GEESYS Technologies
Targray
EIcom International
LEONI
Hosiden
Staubli International
VRM Energy Consultancy Services
Sunter
LEATEC Fine Ceramics
Yitong PV Science & Technology
Tongling Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar Cell Junction Boxes market?
What factors are driving Solar Cell Junction Boxes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar Cell Junction Boxes market opportunities vary by end market size?
How does Solar Cell Junction Boxes break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar Cell Junction Boxes Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Solar Cell Junction Boxes by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Solar Cell Junction Boxes by Country/Region, 2019, 2023 & 2030
2.2 Solar Cell Junction Boxes Segment by Type
2.2.1 Potting Solar Cell Junction Boxes
2.2.2 Non Potting Solar Cell Junction Boxes
2.3 Solar Cell Junction Boxes Sales by Type
2.3.1 Global Solar Cell Junction Boxes Sales Market Share by Type (2019-2024)
2.3.2 Global Solar Cell Junction Boxes Revenue and Market Share by Type (2019-2024)
2.3.3 Global Solar Cell Junction Boxes Sale Price by Type (2019-2024)
2.4 Solar Cell Junction Boxes Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Industrial
2.5 Solar Cell Junction Boxes Sales by Application
2.5.1 Global Solar Cell Junction Boxes Sale Market Share by Application (2019-2024)
2.5.2 Global Solar Cell Junction Boxes Revenue and Market Share by Application (2019-2024)
2.5.3 Global Solar Cell Junction Boxes Sale Price by Application (2019-2024)
3 Global Solar Cell Junction Boxes by Company
3.1 Global Solar Cell Junction Boxes Breakdown Data by Company
3.1.1 Global Solar Cell Junction Boxes Annual Sales by Company (2019-2024)
3.1.2 Global Solar Cell Junction Boxes Sales Market Share by Company (2019-2024)
3.2 Global Solar Cell Junction Boxes Annual Revenue by Company (2019-2024)
3.2.1 Global Solar Cell Junction Boxes Revenue by Company (2019-2024)
3.2.2 Global Solar Cell Junction Boxes Revenue Market Share by Company (2019-2024)
3.3 Global Solar Cell Junction Boxes Sale Price by Company
3.4 Key Manufacturers Solar Cell Junction Boxes Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solar Cell Junction Boxes Product Location Distribution
3.4.2 Players Solar Cell Junction Boxes Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Solar Cell Junction Boxes by Geographic Region
4.1 World Historic Solar Cell Junction Boxes Market Size by Geographic Region (2019-2024)
4.1.1 Global Solar Cell Junction Boxes Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Solar Cell Junction Boxes Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Solar Cell Junction Boxes Market Size by Country/Region (2019-2024)
4.2.1 Global Solar Cell Junction Boxes Annual Sales by Country/Region (2019-2024)
4.2.2 Global Solar Cell Junction Boxes Annual Revenue by Country/Region (2019-2024)
4.3 Americas Solar Cell Junction Boxes Sales Growth
4.4 APAC Solar Cell Junction Boxes Sales Growth
4.5 Europe Solar Cell Junction Boxes Sales Growth
4.6 Middle East & Africa Solar Cell Junction Boxes Sales Growth
5 Americas
5.1 Americas Solar Cell Junction Boxes Sales by Country
5.1.1 Americas Solar Cell Junction Boxes Sales by Country (2019-2024)
5.1.2 Americas Solar Cell Junction Boxes Revenue by Country (2019-2024)
5.2 Americas Solar Cell Junction Boxes Sales by Type
5.3 Americas Solar Cell Junction Boxes Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar Cell Junction Boxes Sales by Region
6.1.1 APAC Solar Cell Junction Boxes Sales by Region (2019-2024)
6.1.2 APAC Solar Cell Junction Boxes Revenue by Region (2019-2024)
6.2 APAC Solar Cell Junction Boxes Sales by Type
6.3 APAC Solar Cell Junction Boxes Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Solar Cell Junction Boxes by Country
7.1.1 Europe Solar Cell Junction Boxes Sales by Country (2019-2024)
7.1.2 Europe Solar Cell Junction Boxes Revenue by Country (2019-2024)
7.2 Europe Solar Cell Junction Boxes Sales by Type
7.3 Europe Solar Cell Junction Boxes Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar Cell Junction Boxes by Country
8.1.1 Middle East & Africa Solar Cell Junction Boxes Sales by Country (2019-2024)
8.1.2 Middle East & Africa Solar Cell Junction Boxes Revenue by Country (2019-2024)
8.2 Middle East & Africa Solar Cell Junction Boxes Sales by Type
8.3 Middle East & Africa Solar Cell Junction Boxes Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Solar Cell Junction Boxes
10.3 Manufacturing Process Analysis of Solar Cell Junction Boxes
10.4 Industry Chain Structure of Solar Cell Junction Boxes
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solar Cell Junction Boxes Distributors
11.3 Solar Cell Junction Boxes Customer
12 World Forecast Review for Solar Cell Junction Boxes by Geographic Region
12.1 Global Solar Cell Junction Boxes Market Size Forecast by Region
12.1.1 Global Solar Cell Junction Boxes Forecast by Region (2025-2030)
12.1.2 Global Solar Cell Junction Boxes Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Solar Cell Junction Boxes Forecast by Type
12.7 Global Solar Cell Junction Boxes Forecast by Application
13 Key Players Analysis
13.1 TE Connectivity
13.1.1 TE Connectivity Company Information
13.1.2 TE Connectivity Solar Cell Junction Boxes Product Portfolios and Specifications
13.1.3 TE Connectivity Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 TE Connectivity Main Business Overview
13.1.5 TE Connectivity Latest Developments
13.2 GEESYS Technologies
13.2.1 GEESYS Technologies Company Information
13.2.2 GEESYS Technologies Solar Cell Junction Boxes Product Portfolios and Specifications
13.2.3 GEESYS Technologies Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 GEESYS Technologies Main Business Overview
13.2.5 GEESYS Technologies Latest Developments
13.3 Targray
13.3.1 Targray Company Information
13.3.2 Targray Solar Cell Junction Boxes Product Portfolios and Specifications
13.3.3 Targray Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Targray Main Business Overview
13.3.5 Targray Latest Developments
13.4 EIcom International
13.4.1 EIcom International Company Information
13.4.2 EIcom International Solar Cell Junction Boxes Product Portfolios and Specifications
13.4.3 EIcom International Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 EIcom International Main Business Overview
13.4.5 EIcom International Latest Developments
13.5 LEONI
13.5.1 LEONI Company Information
13.5.2 LEONI Solar Cell Junction Boxes Product Portfolios and Specifications
13.5.3 LEONI Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 LEONI Main Business Overview
13.5.5 LEONI Latest Developments
13.6 Hosiden
13.6.1 Hosiden Company Information
13.6.2 Hosiden Solar Cell Junction Boxes Product Portfolios and Specifications
13.6.3 Hosiden Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Hosiden Main Business Overview
13.6.5 Hosiden Latest Developments
13.7 Staubli International
13.7.1 Staubli International Company Information
13.7.2 Staubli International Solar Cell Junction Boxes Product Portfolios and Specifications
13.7.3 Staubli International Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Staubli International Main Business Overview
13.7.5 Staubli International Latest Developments
13.8 VRM Energy Consultancy Services
13.8.1 VRM Energy Consultancy Services Company Information
13.8.2 VRM Energy Consultancy Services Solar Cell Junction Boxes Product Portfolios and Specifications
13.8.3 VRM Energy Consultancy Services Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 VRM Energy Consultancy Services Main Business Overview
13.8.5 VRM Energy Consultancy Services Latest Developments
13.9 Sunter
13.9.1 Sunter Company Information
13.9.2 Sunter Solar Cell Junction Boxes Product Portfolios and Specifications
13.9.3 Sunter Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Sunter Main Business Overview
13.9.5 Sunter Latest Developments
13.10 LEATEC Fine Ceramics
13.10.1 LEATEC Fine Ceramics Company Information
13.10.2 LEATEC Fine Ceramics Solar Cell Junction Boxes Product Portfolios and Specifications
13.10.3 LEATEC Fine Ceramics Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 LEATEC Fine Ceramics Main Business Overview
13.10.5 LEATEC Fine Ceramics Latest Developments
13.11 Yitong PV Science & Technology
13.11.1 Yitong PV Science & Technology Company Information
13.11.2 Yitong PV Science & Technology Solar Cell Junction Boxes Product Portfolios and Specifications
13.11.3 Yitong PV Science & Technology Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Yitong PV Science & Technology Main Business Overview
13.11.5 Yitong PV Science & Technology Latest Developments
13.12 Tongling Electric
13.12.1 Tongling Electric Company Information
13.12.2 Tongling Electric Solar Cell Junction Boxes Product Portfolios and Specifications
13.12.3 Tongling Electric Solar Cell Junction Boxes Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Tongling Electric Main Business Overview
13.12.5 Tongling Electric Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
