Report overview
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.
This report aims to provide a comprehensive presentation of the global market for PV Junction Box, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PV Junction Box. This report contains market size and forecasts of PV Junction Box in global, including the following market information:
Global PV Junction Box Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global PV Junction Box Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five PV Junction Box companies in 2022 (%)
The global PV Junction Box market was valued at US$ 1251.2 million in 2022 and is projected to reach US$ 1969.9 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the PV Junction Box manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global PV Junction Box Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global PV Junction Box Market Segment Percentages, by Type, 2022 (%)
Potting PV Junction Box
Non-Potting PV Junction Box
Global PV Junction Box Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global PV Junction Box Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Utility
Global PV Junction Box Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global PV Junction Box Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies PV Junction Box revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies PV Junction Box revenues share in global market, 2022 (%)
Key companies PV Junction Box sales in global market, 2018-2023 (Estimated), (K Units)
Key companies PV Junction Box sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
St?ubli Electrical Connectors
Onamba
Kitani
Hosiden
Outline of Major Chapters:
Chapter 1: Introduces the definition of PV Junction Box, market overview.
Chapter 2: Global PV Junction Box market size in revenue and volume.
Chapter 3: Detailed analysis of PV Junction Box manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of PV Junction Box in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global PV Junction Box capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
