Photovoltaic & Solar Connectors Market Size 2023-2032
The global Photovoltaic & Solar Connectors market was valued at US$ 672.1 million in 2022 and is projected to reach US$ 885.6 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Photovoltaic & Solar Connectors serve as specialized electrical connectors specifically designed for use in photovoltaic (PV) systems and solar power installations. Their primary function is to establish reliable and efficient connections among various components within the solar power system, including solar panels, inverters, and charge controllers.
These connectors play a pivotal role in ensuring seamless electricity transmission, enabling solar energy to be harnessed effectively. By securely linking the different elements of the solar system, they contribute to its overall efficiency and performance, facilitating the conversion of sunlight into sustainable electrical power. Whether it’s connecting solar panels on rooftops or within large-scale solar farms, these connectors play a vital part in making solar energy accessible and environmentally friendly.
The Global Photovoltaic/Solar Connectors market comprises a wide range of products suitable for use within the Global domestic market. In order to quantify and analyse the market, our definition of the market includes the following key product sectors:
Photovoltaic Solar Connectors Market specifically excludes labour and measures the product values at manufacturers selling prices. value-added tax, import duties and transportation fees are excluded as well as labour other delivery charges. Whilst we have made every effort to exclude commercial applications, there may be some light commercial applications included within the overall market sizes quoted.
Total Market by Segment:
Global Photovoltaic & Solar Connectors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Photovoltaic & Solar Connectors Market Segment Percentages, by Type, 2022 (%)
8 AWG
10 AWG
12 AWG
14 AWG
Other
Further, the report presents profiles of competitors in the market, key players include:
Amphenol
Burndy
CNC Tech
Dongguan SUNYO
Heyco
HIS Renewables GmbH Oberzent
Icotek
Lapp Group
Leader
Lumberg
Molex
Phoenix Contact
Renhe Solar
Stubli Electrical Connector
TE Connectivity
Weidmller
Multi-Contact
Hirose Electric
Tyco Electronics (now TE Connectivity)
Radox by Huber+Suhner
Souriau (a division of Esterline Technologies)
