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Solar PV Junction Box Market

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Solar PV Junction Box Market

Solar PV Junction Box Market (Type: Potting PV Junction Box and Non-potting PV Junction Box; and Application: Residential, Commercial & Industrial, and Utilities) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Rising Need of Renewable Sources Proves Propitious for Global Solar PV Junction Box Market

The PV junction box plays a significant role in all the housing electric bits on a solar panel and shielding them from the environment. A quality solar panel junction box decreases corrosion at the terminals and excludes the moisture that enters the photovoltaic panel. The majority of solar junction boxes have, at least, an IP65 rating that refers to dust-proof ingress protection. Although solar manufacturers and designers seldom get a choice in junction box type, module organizations work out those obligations during manufacturing; the purpose of this enclosure is still essential to understand, particularly as it houses more smart technologies.

The electricity demand across the globe has been increasing for years, and the consumption is expected to rise in the upcoming years. Factors, such as growing economies, increasing population, and rising urbanization are contributing to a surge in electricity demand. The energy consumption in the Asia Pacific is projected to hold a major share of the demand, due to various emerging economies and developing countries, including India and China. Moreover, most of these countries are densely populated and thus, the consumption rate is high. Furthermore, sources of energy such as coal, oil, and gas have provided a majority of energy in all the electricity generation. However, it caused a significant level of pollution.

The growing environmental concerns are increasing the demand for renewable energy sources. The increase in the need for solar energy sources is anticipated to drive the demand the solar PV junction box market during the forecast period.

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COVID-19 Impact on China Affected Global Solar Industry

The COVID-19 pandemic has made a severe impact on the global economic cycle and the solar PV junction box market. The nationwide lockdown in most countries has led to a shortage of labor, transport, and availability of raw materials. The stringent regulations for trade and supply chains have resulted in a halt of several industries globally. Similar to various other industries, the solar industry has been hit hard by the crisis. Intensifying issues, including supply chain suspensions, tightening of tax equity exchanges, investors’ financial concerns, shelter-in-place plans, and sanctioning challenges are all putting enormous hardship on the industry. Without strategic government action, the spread was not possible to contain, which resulted in a decrease in economic investments and an increase in job loss. Currently, China produces almost 80% of the global solar value chain supplies. The COVID-19 crisis has severely affected the manufacturing capacities of China, and major producers came to halt with restricted trading activities with China and India.

As various countries are witnessing a decline in infection rate, the world is beginning to gradually lift some of the measures that limit production. While these rules are intentionally effective, in most nations, the energy sector is included in essential services. Therefore, lockdown actions do not significantly imply construction activities on energy projects, including renewables. Moreover, the increasing speed of production and distribution of vaccinations is contributing toward the restart of global factories in the near future. Furthermore, as the Chinese manufacturing operations seem to be back on track, it can be assumed that the ongoing resumption of the China-originated supply chain will help restart Indian solar projects as well. This is expected to improve the supply of raw materials to the global manufacturers, restoring the production capacity in the near future. 

The global manufacturers in every industry will be increasing the production resulting in increased consumption of energy. Thus, the solar PV junction box market is expected to rise in the upcoming years.

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Potting PV Junction Box to Dominate Global Solar PV Junction Box Market

Reliability is a critical element of the constant growth of photovoltaic (PV) industrial products. The competitive solar industry completely depend on the cost and the warranty. Major companies are developing local strongholds by including small and unorganized players. Leading companies such as Stäubli are developing solutions that can apply in all the sectors, including the general industry, food industry, electronics and photovoltaics, and life sciences. Various manufacturers in the solar PV junction box market are focusing on upgrading the production to make products cost-effective and enduring to provide effective solutions to the consumers.

In addition, technological advancements in products such as bifacial solar panels can further decrease the levelized cost of electricity, resulting in increased investments as compared to mono facial panels.

The present solar PV junction box market holds two types of PV junction boxes, potting PV junction box and non-potting PV junction boxes. In the potting PV junction box, the foils coming out of the solar panel are soldered to the diodes in the junction box, and the junction box is potted or filled with a type of sticky material to allow thermal transfer of heat to keep the solder joint in place and prevent it from falling. However, in the non-potting PV junction box, a simple clamping mechanism is used to attach the foil to the wires in the junction box. The potting PV junction box segment accounted for the largest share of the solar PV junction box market in 2020, and its share is anticipated to increase during the forecast period. However, the non-PV junction box segment is predicted to be a lucrative segment of the solar PV junction box market in the upcoming years. Growth in investments and favorable policies by governments for the development of solar energy around the world are anticipated to propel the solar PV junction box market during the forecasted period.

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Analysts’ Viewpoint

Solar energy is currently most trending in the global sources of energy, due to rising environmental concerns and need to sustain other natural sources. Solar PV and wind energy are the highest contributor to the increasing renewable energy and expected to account for two-thirds of renewables’ growth in 2021. North America accounted for the largest share of solar PV installations in 2020, and the demand is increasing with the growing utility-scale project installations, third-party owner model for residential applications, and availability of financial leasing schemes. Moreover, various nations are now demanding clean energy and have started shifting to sources of clean energy. This has increased the demand for the solar industry, leading to the expansion of the global solar PV junction box market during the projected timeline.

Solar PV Junction Box Market: Overview

  • According to Transparency Market Research’s latest research report on the global solar PV junction box market for the historical period of 2020 and the forecast period of 2021 to 2031, increase in global solar energy capacity and acceptance of solar photovoltaic (PV) as a key technology are expected to boost the global solar PV junction box market during the forecast period
  • Solar PV junction box consists of diodes. Diodes keep the power flow going in one direction. They prevent the power feeding back into the solar panels when there is no sunshine.
  • In terms of revenue, the global solar PV junction box market is estimated to exceed US$ 2 Bn by 2031, expanding at a CAGR of ~8% during the forecast period. Solar photovoltaic (PV) emerged as a key technology that gradually gained acceptance between 2010 and 2019. Efficiency improvements have led to price reductions to such levels that PVs acquired the dominant position in the renewable sector on the world energy stage. This factor is projected to propel the global solar PV junction box market in the near future.

Increase in Global Energy Demand: Key Driver of Solar PV Junction Box Market

  • Global demand for energy is expected to increase in the near future, owing to the growth in population and economies across the globe. According to the International Energy Agency (IEA), demand for electricity is anticipated to increase by 4.5% in 2021. Almost 80% of the projected rise in demand in 2021 is in emerging market and developing economies, with China alone accounting for 50% of the global growth.
  • Traditional energy resources (e.g., coal, oil, and gas) have contributed significantly to the global electricity generation. However, they have also contributed to an increase in pollution in the world. Thus, renewable energy resources have gained attention in recent years, as they help lessen the pollution produced by traditional energy resources.
  • Demand for renewables rose by 3% in 2020, and is set to increase significantly across all key sectors – power, heating, industrial, and transport – by 2021. The power sector leads the way, with its demand for renewables set to rise by more than 8% to reach 8300 Terawatt-hour according to the Global Energy Review 2021 by the IEA (International Energy Agency).
  • Solar PV and wind energy are the major contributors to renewable energy and expected to contribute two-thirds of renewables’ growth in 2021. Of this, the global solar PV electricity generation is projected to rise by 145 Terawatt-hour to reach 1000 Terawatt-hour in 2021. Solar PV junction box is a vital part of solar panels. Solar PV junction box houses all the electric bits on the solar panel and protects them from the environment. Solar PV junction box holds back corrosion at the terminals to minimum. It regulates the heat and provides long term safety.
  • Increase in electricity generation from solar resources is anticipated to boost the demand for solar panels and other equipment required for the establishment of solar power plants. Hence, demand for solar PV junction box is projected to rise exponentially during the forecast period.

Favorable Government Policies, Declining Cost of Technology: Drivers of Solar PV Junction Box Market

  • Drive to promote green energy in many countries; decrease in solar technology costs; and maturing practices have attracted strategic investors into the sector primarily driven by return and sustainable investment principles, owing to government favorable policies
  • Favorable policies by the U.S. Government are also driving solar installation. For instance, in March 2021, the Governor of Massachusetts signed “An Act Creating a Roadmap for the Next Generation of Climate Policy” into law. Under the Bill, homeowners and small businesses that install solar will not see property tax increases; and larger solar systems that already have an agreement in place for tax payments will be exempt from additional taxes.
  • Newly installed solar power in the European Union increased by 11% to 18.2 GW in 2020. Solar energy attractiveness has been rising, as the cost reduction curve continues at a much faster pace than for any other technology. Close deadline for member states to meet their binding national 2020 renewable energy targets is another major factor boosting the demand for solar power in the EU.
  • India is likely to be a vital country for the energy sector. The Government of India has made impressive progress in recent years in increasing citizens’ access to clean electricity through various government policies.
  • China is the largest solar market in the world. The country is set to increase its solar installed capacity over the next few years.
  • Thus, favorable policies by governments of countries across the globe and declining prices of solar technology are likely to propel the solar PV junction box market during the forecast period

Solar PV Junction Box Market: Competition Landscape

  • Detailed profiles of providers of solar PV junction box have been given in the solar PV junction box report to evaluate their financials, key product offerings, recent developments, and strategies
  • Major players operating in the global solar PV junction box market are
    • GEESYS Technologies
    • Targray
    • Elcom International
    • LEONI AG
    • Zhejiang Zhonghuan Sunter PV Technology Co. Ltd
    • Hosiden Corporation
    • Jiangsu Tongling Electric Co., Ltd.
    • Stäubli International AG
    • VRM Energy Consultancy Services Pvt Ltd.
    • TE Connectivity
    • Baoding Yitong PV Science & Technology Co. Ltd.

Solar PV Junction Box Market: Key Developments

  • Key providers of solar PV junction box, such as TE Connectivity and Jiangsu Tongling Electric Co., Ltd., are focusing on developing value efficient solar PV junction boxes to attract more customers. Major developments in the global solar PV junction box market are highlighted below:
    • In March 2020, TE Connectivity completed its public takeover of First Sensor AG. It holds 71.87% share of First Sensor AG. In combining the First Sensor and TE portfolios, TE would be able to offer an even broader product base that would support the growth strategy of TE's sensors business and TE Connectivity as a whole.
    • Jiangsu Tongling Electric Co., Ltd. has invested significantly in R&D of solar equipment development. It has obtained two invention patents along with 53 utility model and other patents.
  • In the global solar PV junction box market report, we have discussed individual strategies, followed by company profiles of providers of solar PV junction box. The ‘Competition Landscape’ section has been included in the global solar PV junction box market report to provide readers with a dashboard view and company market share analysis of key players operating in the solar PV junction box market.

Solar PV Junction Box Market – Segmentation

TMR’s research study assesses the solar PV junction box market based on type, application, and region. The report presents extensive market dynamics and progressive trends associated with different segments and how they are influencing growth prospects of the solar PV junction box market.

Type
  • Potting PV Junction Box
  • Non-potting PV Junction Box
Application
  • Residential
  • Commercial & Industrial
  • Utilities
Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Solar PV Junction Box Market

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Frequently Asked Questions

What is the Solar PV Junction Box Market Size?

Solar PV Junction Box Market is expected to reach US$ 2 Bn By 2031

What is the CAGR for Solar PV Junction Box Market?

Solar PV Junction Box Market is estimated to rise at a CAGR of 8% during forecast period

What are the key factors driving the growth of Solar PV Junction Box Market?

Rise in installation of bifacial solar panels is anticipated to drive the demand for solar PV junction box market

Which region is more attractive for vendors in the Solar PV Junction Box Market?

Asia Pacific is more attractive region for vendors in the Solar PV Junction Box Market

Who are the key players in the Solar PV Junction Box Market?

Key players operating in the global solar PV junction box market are GEESYS Technologies, Targray, Elcom International, LEONI AG, Zhejiang Zhonghuan Sunter PV Technology Co. Ltd, Hosiden Corporation, Jiangsu Tongling Electric Co., Ltd., Stäubli International AG, VRM Energy Consultancy Services Pvt Ltd., TE Connectivity, and Baoding Yitong PV Science & Technology Co. Ltd.

1. Executive Summary

    1.1. Market Outlook

    1.2. Key Facts and Figures

    1.3. Key Trends

2. Market Overview

    2.1. Market Segmentation

    2.2. Market Indicators

    2.3. Market Dynamics

    2.4. Drivers and Restraints Snapshot Analysis

            2.4.1.1. Drivers

            2.4.1.2. Restraints

            2.4.1.3. Opportunities

    2.5. Porter’s Five Forces Analysis

        2.5.1. Threat of Substitutes

        2.5.2. Bargaining Power of Buyers

        2.5.3. Bargaining Power of Suppliers

        2.5.4. Threat of New Entrants

        2.5.5. Degree of Competition

    2.6. Regulatory Scenario

    2.7. Value Chain Analysis

3. COVID-19 Impact Analysis

4. Production Output Analysis

5. Price Trend Analysis

6. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Analysis, by Type

    6.1. Key Findings and Introduction

    6.2. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        6.2.1. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Potting PV Junction Box, 2020–2031

        6.2.2. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Non Potting PV Junction Box, 2020–2031

    6.3. Global Solar PV Junction Box Market Attractive Analysis, by Type

7. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Analysis, by Application

    7.1. Key Findings and Introduction

    7.2. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        7.2.1. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Residential, 2020–2031

        7.2.2. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Commercial & Industrial, 2020–2031

        7.2.3. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Utilities, 2020–2031

    7.3. Global Solar PV Junction Box Market Attractive Analysis, by Application

8. Global Solar PV Junction Box Market Analysis, by Region

    8.1. Key Findings

    8.2. Global Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Region

        8.2.1. North America

        8.2.2. Europe

        8.2.3. Asia Pacific

        8.2.4. Latin America

        8.2.5. Middle East & Africa

    8.3. Global Solar PV Junction Box Market Attractiveness Analysis, by Region

9. North America Solar PV Junction Box Market Overview

    9.1. Key Findings

    9.2. North America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

    9.3. North America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    9.4. North America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country 

        9.4.1. U.S. Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        9.4.2. U.S. Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        9.4.3. Canada Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        9.4.4. Canada Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    9.5. North America Solar PV Junction Box Market Attractiveness Analysis, by Type 

    9.6. North America Solar PV Junction Box Market Attractiveness Analysis, by Application

    9.7. North America Solar PV Junction Box Market Attractiveness Analysis, by Country

10. Europe Solar PV Junction Box Market Overview

    10.1. Key Findings

    10.2. Europe Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

    10.3. Europe Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    10.4. Europe Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) and Forecast, by Country and Sub-region 

        10.4.1. Germany Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        10.4.2. Germany Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.4.3. Italy Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        10.4.4. Italy Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.4.5. U.K. Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        10.4.6. U.K. Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.4.7. France Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        10.4.8. France Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.4.9. Russia & CIS Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        10.4.10. Russia & CIS Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020 – 2031

        10.4.11. Spain Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        10.4.12. Spain Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        10.4.13. Rest of Europe Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        10.4.14. Rest of Europe Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    10.5. Europe Solar PV Junction Box Market Attractiveness Analysis, by Type

    10.6. Europe Solar PV Junction Box Market Attractiveness Analysis, by Application

    10.7. Europe Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

11. Asia Pacific Solar PV Junction Box Market Overview

    11.1. Key Findings

    11.2. Asia Pacific Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

    11.3. Asia Pacific Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    11.4. Asia Pacific Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region 

        11.4.1. China Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        11.4.2. China Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        11.4.3. India Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        11.4.4. India Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        11.4.5. Japan Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        11.4.6. Japan Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        11.4.7. ASEAN Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        11.4.8. ASEAN Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        11.4.9. Rest of Asia Pacific Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        11.4.10. Rest of Asia Pacific Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    11.5. Asia Pacific Solar PV Junction Box Market Attractiveness Analysis, by Type

    11.6. Asia Pacific Solar PV Junction Box Market Attractiveness Analysis, by Application

    11.7. Asia Pacific Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

12. Latin America Solar PV Junction Box Market Overview

    12.1. Key Findings

    12.2. Latin America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

    12.3. Latin America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    12.4. Latin America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region 

        12.4.1. Brazil Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        12.4.2. Brazil Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4.3. Mexico Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        12.4.4. Mexico Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4.5. Peru Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        12.4.6. Peru Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020 – 2031

        12.4.7. Argentina Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        12.4.8. Argentina Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020 – 2031

        12.4.9. Columbia Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        12.4.10. Columbia Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020 – 2031

        12.4.11. Chile Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        12.4.12. Chile Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020 – 2031

        12.4.13. Uruguay Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020 – 2031

        12.4.14. Uruguay Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        12.4.15. Rest of Latin America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        12.4.16. Rest of Latin America Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    12.5. Latin America Solar PV Junction Box Market Attractiveness Analysis, by Type

    12.6. Latin America Solar PV Junction Box Market Attractiveness Analysis, by Application

    12.7. Latin America Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

13. Middle East & Africa Solar PV Junction Box Market Overview

    13.1. Key Findings

    13.2. Middle East & Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

    13.3. Middle East & Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    13.4. Middle East & Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region

        13.4.1. GCC Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        13.4.2. GCC Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        13.4.3. South Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        13.4.4. South Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

        13.4.5. Rest of Middle East & Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Type, 2020–2031

        13.4.6. Rest of Middle East & Africa Solar PV Junction Box Market Volume (Million Units) and Value (US$ Mn) Forecast, by Application, 2020–2031

    13.5. Middle East & Africa Solar PV Junction Box Market Attractiveness Analysis, by Type

    13.6. Middle East & Africa Solar PV Junction Box Market Attractiveness Analysis, by Application

    13.7. Middle East & Africa Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

14. Competition Landscape

    14.1. Competition Matrix

    14.2. Solar PV Junction Box Market Share Analysis, by Company (2020)

    14.3. Market Footprint Analysis

    14.4. Company Profiles

        14.4.1. GEESYS Technologies

            14.4.1.1. Company Details

            14.4.1.2. Company Description

            14.4.1.3. Business Overview

        14.4.2. Targray

            14.4.2.1. Company Details

            14.4.2.2. Company Description

            14.4.2.3. Business Overview

        14.4.3. Elcom International

            14.4.3.1. Company Details

            14.4.3.2. Company Description

            14.4.3.3. Business Overview

        14.4.4. LEONI AG

            14.4.4.1. Company Details

            14.4.4.2. Company Description

            14.4.4.3. Business Overview

            14.4.4.4. Financial Details

        14.4.5. Zhejiang Zhonghuan Sunter PV Technology Co. Ltd

            14.4.5.1. Company Details

            14.4.5.2. Company Description

            14.4.5.3. Business Overview

        14.4.6. Hosiden Corporation

            14.4.6.1. Company Details

            14.4.6.2. Company Description

            14.4.6.3. Business Overview

            14.4.6.4. Financial Details

        14.4.7. Jiangsu Tongling Electric Co., Ltd.

            14.4.7.1. Company Details

            14.4.7.2. Company Description

            14.4.7.3. Business Overview

        14.4.8. Stäubli International AG

            14.4.8.1. Company Details

            14.4.8.2. Company Description

            14.4.8.3. Business Overview

            14.4.8.4. Strategic Overview

        14.4.9. VRM Energy Consultancy Services Pvt Ltd

            14.4.9.1. Company Details

            14.4.9.2. Company Description

            14.4.9.3. Business Overview

        14.4.10. TE Connectivity

            14.4.10.1. Company Details

            14.4.10.2. Company Description

            14.4.10.3. Business Overview

            14.4.10.4. Strategic Overview

            14.4.10.5. Financial Details

        14.4.11. Baoding Yitong PV Science & Technology Co. Ltd

            14.4.11.1. Company Details

            14.4.11.2. Company Description

            14.4.11.3. Business Overview

15. Primary Research – Key Insights

16. Appendix

    16.1. Research Methodology and Assumptions

List of Tables

Table 01: Global Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 02: Global Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 03: Global Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 04: Global Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 05: Global Solar PV Junction Box Market Volume (Million Units) Forecast, by Region, 2020-2031

Table 06: Global Solar PV Junction Box Market Value (US$ Mn) Forecast, by Region, 2020-2031

Table 07: North America Solar PV Junction Box Market Volume (Million Units) Forecast, by Country, 2020-2031 

Table 08: North America Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 09: North America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 10: North America Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 11: North America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 12: U.S. Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 13: U.S. Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 14: U.S. Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 15: U.S. Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 16: Canada Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 17: Canada Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 18: Canada Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 19: Canada Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 20: Europe Solar PV Junction Box Market Volume (Million Units) Forecast, by Country and Sub-region, 2020–2031

Table 21: Europe Solar PV Junction Box Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 22: Europe Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 23: Europe Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 24: Europe Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 25: Europe Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 26: Germany Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 27: Germany Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 28: Germany Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 29: Germany Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 30: France Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 31: France Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 32: France Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 33: France Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 34: U.K. Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 35: U.K. Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 36: U.K. Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 37: U.K. Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 38: Italy Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 39: Italy Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 40: Italy Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 41: Italy Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 42: Spain Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 43: Spain Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 44: Spain Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 45: Spain Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 46: Russia & CIS Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 47: Russia & CIS Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 48: Russia & CIS Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 49: Russia & CIS Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 50: Rest of Europe Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 51: Rest of Europe Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 52: Rest of Europe Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 53: Rest of Europe Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 54: Asia Pacific Solar PV Junction Box Market Volume (Million Units) Forecast, by Country and Sub-region, 2020-2031

Table 55: Asia Pacific Solar PV Junction Box Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

Table 56: Asia Pacific Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 57: Asia Pacific Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 58: Asia Pacific Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 59: Asia Pacific Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 60: China Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 61: China Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 62: China Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 63: China Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 64: India Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 65: India Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 66: India Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 67: India Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 68: Japan Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 69: Japan Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 70: Japan Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 71: Japan Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 72: ASEAN Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 73: ASEAN Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 74: ASEAN Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 75: ASEAN Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 76: Rest of Asia Pacific Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 77: Rest of Asia Pacific Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 78: Rest of Asia Pacific Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 79: Rest of Asia Pacific Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 80: Latin America Solar PV Junction Box Market Volume (Million Units) Forecast, by Country and Sub-region, 2020–2031

Table 81: Latin America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 82: Latin America Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 83: Latin America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 84: Latin America Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 85: Latin America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 86: Brazil Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 87: Brazil Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 88: Brazil Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 89: Brazil Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 90: Mexico Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 91: Mexico Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 92: Mexico Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 93: Mexico Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 94: Rest of Latin America Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 95: Rest of Latin America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 96: Rest of Latin America Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 97: Rest of Latin America Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 98: Middle East & Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Country and Sub-region, 2020–2031

Table 99: Middle East & Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031

Table 100: Middle East & Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 101: Middle East & Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 102: Middle East & Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 103: Middle East & Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 104: GCC Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 105: GCC Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 106: GCC Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 107: GCC Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 108: South Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 109: South Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 110: South Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 111: South Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

Table 112: Rest of South Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Type, 2020–2031

Table 113: Rest of South Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Type, 2020–2031

Table 114: Rest of South Africa Solar PV Junction Box Market Volume (Million Units) Forecast, by Application, 2020–2031

Table 115: Rest of South Africa Solar PV Junction Box Market Value (US$ Mn) Forecast, by Application, 2020–2031

List of Figures

Figure 01: Global Solar PV Junction Box Market Value Share Analysis, by Type, 2020 and 2031

Figure 02: Global Solar PV Junction Box Market Attractiveness Analysis, by Type

Figure 03: Global Solar PV Junction Box Market Value Share Analysis, by Application, 2020 and 2031

Figure 04: Global Solar PV Junction Box Market Attractiveness Analysis, by Application

Figure 05: Global Solar PV Junction Box Market Value Share Analysis, by Region, 2020 and 2031

Figure 06: Global Solar PV Junction Box Market Attractiveness Analysis, by Region

Figure 07: North America Solar PV Junction Box Market Value Share Analysis, by Country, 2020 and 2031

Figure 08: North America Solar PV Junction Box Market Attractiveness Analysis, by Country

Figure 09: North America Solar PV Junction Box Market Value Share Analysis, by Type, 2020 and 2031

Figure 10: North America Solar PV Junction Box Market Attractiveness Analysis, by Type

Figure 11: North America Solar PV Junction Box Market Value Share Analysis, by Application, 2020 and 2031

Figure 12: North America Solar PV Junction Box Market Attractiveness Analysis, by Application

Figure 13: Europe Solar PV Junction Box Market Value Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 14: Europe Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

Figure 15: Europe Solar PV Junction Box Market Value Share Analysis, by Type, 2020 and 2031

Figure 16: Europe Solar PV Junction Box Market Attractiveness Analysis, by Type

Figure 17: Europe Solar PV Junction Box Market Value Share Analysis, by Application, 2020 and 2031

Figure 18: Europe Solar PV Junction Box Market Attractiveness Analysis, by Application

Figure 19: Asia Pacific Solar PV Junction Box Market Value Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 20: Asia Pacific Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

Figure 21: Asia Pacific Solar PV Junction Box Market Value Share Analysis, by Type, 2020 and 2031

Figure 22: Asia Pacific Solar PV Junction Box Market Attractiveness Analysis, by Type

Figure 23: Asia Pacific Solar PV Junction Box Market Value Share Analysis, by Application, 2020 and 2031

Figure 24: Asia Pacific Solar PV Junction Box Market Attractiveness Analysis, by Application

Figure 25: Latin America Solar PV Junction Box Market Value Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 26: Latin America Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

Figure 27: Latin America Solar PV Junction Box Market Value Share Analysis, by Type, 2020 and 2031

Figure 28: Latin America Solar PV Junction Box Market Attractiveness Analysis, by Type

Figure 29: Latin America Solar PV Junction Box Market Value Share Analysis, by Application, 2020 and 2031

Figure 30: Latin America Solar PV Junction Box Market Attractiveness Analysis, by Application

Figure 31: Middle East & Africa Solar PV Junction Box Market Value Share Analysis, by Country and Sub-region, 2020 and 2031

Figure 32: Middle East & Africa Solar PV Junction Box Market Attractiveness Analysis, by Country and Sub-region

Figure 33: Middle East & Africa Solar PV Junction Box Market Value Share Analysis, by Type, 2020 and 2031

Figure 34: Middle East & Africa Solar PV Junction Box Market Attractiveness Analysis, by Type

Figure 35: Middle East & Africa Solar PV Junction Box Market Value Share Analysis, by Application, 2020 and 2031

Figure 36: Middle East & Africa Solar PV Junction Box Market Attractiveness Analysis, by Application

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