Photovoltaic And Solar Connectors Market

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Photovoltaic and Solar Connectors Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Type (8 AWG, 10 AWG, 12 AWG, 14 AWG); By End Use (HEV, PHEV); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published Date: April 2023
Report ID: BWC23262
Available Format: PDF
Page: 400

Report Overview

Supportive government schemes to solar installations, growing adoption of PV (photovoltaic) systems for residential applications and decreasing cost of energy storage devices are projected to propel the expansion of global photovoltaic and solar connectors market during forecast period between 2023 and 2029.

Global Photovoltaic and Solar Connectors Market - Industry Trends & Forecast Report, 2029

Global photovoltaic and solar connectors market size is expected to grow at a CAGR of 14.72% during the forecast period between 2023 and 2029. Major growth drivers for global photovoltaic and solar connectors market include growing demand for renewable energy sources and the increasing use of solar power in residential, commercial, and industrial applications. Likewise, increasing demand for solar power systems in emerging economies, favorable government policies and incentives, and the growing awareness of the benefits of renewable energy sources. The increasing focus on research and development to improve the performance and reliability of photovoltaic and solar connectors is expected to drive the growth of the market. Companies are investing in developing innovative products that can withstand harsh weather conditions and provide efficient power transmission. Also, the increasing adoption of electric vehicles (EVs), need for charging infrastructure coupled with growth of the global economy and the increasing disposable income of individuals are expected to drive the demand for solar power systems, which will further boost the demand for photovoltaic and solar connectors.

Global Photovoltaic and Solar Connectors Market – Overview

The global photovoltaic and solar connectors market refers to the market for electrical connectors used in photovoltaic (PV) and solar systems. These connectors are essential components that connect solar panels and other electrical equipment to form a complete solar energy system. They are designed to provide efficient and reliable power transmission, withstand harsh weather conditions, and ensure the safe operation of the solar energy system. The market includes several types of connectors such as MC4, MC3, T-Branch, H4, and others, and serves various applications, including residential, commercial, and industrial. The increasing demand for renewable energy sources, favorable government policies, and incentives, and the growing adoption of electric vehicles are driving the growth of the global photovoltaic and solar connectors market.

Global Photovoltaic and Solar Connectors Market

Growth Drivers

Decreasing Cost of Energy Storage Devices

Over the past few years, there has been a continuous decline in the prices of solar systems and photovoltaic (PV) products. While installation costs are initially higher than conventional alternatives, these systems require minimal maintenance and lower operational costs eventually. The PV market is highly competitive, with numerous players launching innovative and cost-efficient products, leading to a decline in prices. Other contributing factors include decreasing raw material prices, government subsidies, and large-scale production. This reduction can be attributed to improved material efficiency, optimized product design, and economies of scale.

Restraints

Safety Risks Associated with High DC Voltages

High DC voltages pose a risk to personnel working with traditional PV systems, including installers, maintenance personnel, and firefighters. This risk is due to the difficulty of isolating DC electric devices from PV arrays using DC isolation switches, especially with solar inverters. In addition, connecting PV modules in series creates a high voltage that can endanger installers during system installation, and the possibility of electric arcs during short-circuit current can cause fires that threaten people in the vicinity of a PV system. Extinguishing DC arcs is difficult, creating a risk for firefighters, and damage to DC cables in PV arrays can cause automatic shutdown of inverters while manually isolating DC cables and other components. Despite safety mechanisms mandated by the National Electric Code (NEC) and the Electrical Safety Authority (ESA) of the US, some risks still exist, which hinders the growth of the photovoltaic market.

Impact of COVID-19 on Global Photovoltaic and Solar Connectors Market

COVID-19 pandemic adversely affected the global photovoltaic and solar connectors market. The pandemic caused disruptions in the supply chain, resulting in delays in the delivery of raw materials, components, and finished products. Manufacturing operations were affected due to the implementation of lockdowns and restrictions on movements of workers, leading to a reduction in production output. As a result, the prices of photovoltaic and solar connectors increased due to supply shortages. Additionally, the pandemic also led to a decline in the demand for photovoltaic and solar connectors, as many construction and installation projects were put on hold. Travel restrictions and social distancing measures prevented workers from accessing project sites, causing delays in project completion. The economic downturn caused by the pandemic also resulted in a decline in investments in renewable energy projects. However, the pandemic also led to an increased focus on sustainability and renewable energy sources, as countries looked to reduce their carbon footprint and promote green energy as part of their economic recovery plans. This has resulted in governments implementing stimulus packages and incentives to support renewable energy projects, including the installation of photovoltaic and solar connectors.

Global Photovoltaic and Solar Connectors Market

Segmental Coverage

Global Photovoltaic and Solar Connectors Market – By Type

By type, the global photovoltaic and solar connectors market is segmented into 8 AWG, 10 AWG, 12 AWG, and 14 AWG.

Global Photovoltaic and Solar Connectors Market – By End Use

By end use, the global photovoltaic and solar connectors market is bifurcated into HEV (hybrid electric vehicle) and PHEV (plug-in hybrid electric vehicle). The HEV segment holds a higher market share during the forecast period. Hybrid vehicles use a combination of an electric motor and an internal combustion engine, offering several benefits over regular and diesel engines. Their primary advantage is that they consume less fuel and emit less carbon dioxide. They are more fuel-efficient than traditional vehicles because they do not rely on a single fuel source. Regenerative braking is a feature in hybrid vehicles that captures energy produced when brakes are applied and uses it to recharge the high-voltage battery. Hybrid vehicles require less maintenance as they experience less wear and tear. Increasing consumer awareness and demand for fuel-efficient vehicles are driving manufacturers to improve the propulsion system in vehicles. Market players are using advanced simulation technologies, instrumentation, and test systems to offer customized powertrain solutions to customers. The high sales of hybrid vehicle powertrains are expected to fuel the growth of the global photovoltaic and solar connectors market.

Photovoltaic and Solar Connectors Market Size

Global Photovoltaic and Solar Connectors Market – By Region

Global photovoltaic and solar connectors market covers five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Asia-Pacific region dominated the market share, with an expected addition of about 815 gigawatts (GW) of solar capacity in 2025. The region's growth is driven by several factors, including abundant solar irradiation levels and low production costs for components. In addition, the increasing electricity demand and high carbon emission reduction goals set by countries like China and India are expected to further stimulate market growth. China, which installed a significant number of solar energy projects with a capacity exceeding 49 GW, remains the world's largest market and added the most solar power capacity in 2020.

Competitive Landscape

Major players operating in global photovoltaic and solar connectors market include JinkoSolar Holding Co. Ltd., Canadian Solar Inc, First Solar Inc., GCL-Poly Energy Holdings Ltd., TE Connectivity, LAPP Group, Amphenol, CNC Tech, Dongguan SUNYO, Heyco, HIS Renewables GmbH Oberzent, Icotek, Lapp Group, Leadergroup Ltd., Lumberg, Molex, Phoenix Contact, and Renhe Solar. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Development

In September 2022 - Hitachi Astemo announced its plans to install India's first solar PV facility at its Jalgaon manufacturing factory in Maharashtra. The 3 MW solar power plant will take up 43,301 square meters of land. The ground-mounted solar power plant, which will have 7,128 ground-mounted solar panels and 10 inverters, is projected to be operational by 2023.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Billion
Market Coverage	North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Product/ Service Segmentation	Type, End Use, Region
Key Players	JinkoSolar Holding Co. Ltd., Canadian Solar Inc, First Solar Inc., GCL-Poly Energy Holdings Ltd., TE Connectivity, LAPP Group, Amphenol, CNC Tech, Dongguan SUNYO, Heyco, HIS Renewables GmbH Oberzent, Icotek, Lapp Group, Leadergroup Ltd., Lumberg, Molex, Phoenix Contact, Renhe Solar

By Type

8 AWG
10 AWG
12 AWG
14 AWG

By End Use

HEV
PHEV

By Region

North America
Europe
Asia Pacific (APAC)
Latin America (LATAM)
Middle East and Africa (MEA)

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Global Photovoltaic and Solar Connectors Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Government schemes to solar installations
    2. Growing adoption of PV systems for residential applications
    3. Decreasing cost of energy storage devices
  2. Restraints
    1. Lack of skilled workforce for PV and solar installation
    2. Safety risks associated with high DC voltages
  3. Opportunities
    1. Ongoing technology developments in solar cell manufacturing
  4. Challenges
    1. Issues related to land acquisition for deployment of solar projects
3. Technology Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Global Photovoltaic and Solar Connectors Market Overview
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
  2. Market Share and Forecast
  3. By Type
    1. 8 AWG
    2. 10 AWG
    3. 12 AWG
    4. 14 AWG
    5. Others
  4. By End Use
    1. HEV
    2. PHEV
    3. Others
  5. By Region
    1. North America
    2. Europe
    3. Asia Pacific (APAC)
    4. Latin America (LATAM)
    5. Middle East and Africa (MEA)
North America Photovoltaic and Solar Connectors Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By End Use
  3. By Country
    1. United States
      1. By Type
      2. By End Use
    2. Canada
      1. By Type
      2. By End Use
Europe Photovoltaic and Solar Connectors Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By End Use
  3. By Component
  4. By Country
    1. Germany
      1. By Type
      2. By End Use
    2. United Kingdom
      1. By Type
      2. By End Use
    3. Italy
      1. By Type
      2. By End Use
    4. France
      1. By Type
      2. By End Use
    5. Spain
      1. By Type
      2. By End Use
    6. Belgium
      1. By Type
      2. By End Use
    7. Russia
      1. By Type
      2. By End Use
    8. The Netherlands
      1. By Type
      2. By End Use
    9. Rest of Europe
      1. By Type
      2. By End Use
Asia-Pacific Photovoltaic and Solar Connectors Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By End Use
  3. By Country
    1. China
      1. By Type
      2. By End Use
    2. India
      1. By Type
      2. By End Use
    3. Japan
      1. By Type
      2. By End Use
    4. South Korea
      1. By Type
      2. By End Use
    5. Australia & New Zealand
      1. By Type
      2. By End Use
    6. Indonesia
      1. By Type
      2. By End Use
    7. Malaysia
      1. By Type
      2. By End Use
    8. Singapore
      1. By Type
      2. By End Use
    9. Vietnam
      1. By Type
      2. By End Use
    10. Rest of APAC
      1. By Type
      2. By End Use
Latin America Photovoltaic and Solar Connectors Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By End Use
  3. By Country
    1. Brazil
      1. By Type
      2. By End Use
    2. Mexico
      1. By Type
      2. By End Use
    3. Argentina
      1. By Type
      2. By End Use
    4. Peru
      1. By Type
      2. By End Use
    5. Rest of LATAM
      1. By Type
      2. By End Use
Middle East & Africa Photovoltaic and Solar Connectors Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By End Use
  3. By Country
    1. Saudi Arabia
      1. By Type
      2. By End Use
    2. UAE
      1. By Type
      2. By End Use
    3. Qatar
      1. By Type
      2. By End Use
    4. Kuwait
      1. By Type
      2. By End Use
    5. South Africa
      1. By Type
      2. By End Use
    6. Nigeria
      1. By Type
      2. By End Use
    7. Algeria
      1. By Type
      2. By End Use
    8. Rest of MEA
      1. By Type
      2. By End Use
Competitive Landscape
1. List of Key Players and Their Offerings
2. Global Photovoltaic and Solar Connectors Market Share Analysis, 2022
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Covid-19 on Global Photovoltaic and Solar Connectors Market
Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
1. JinkoSolar Holding Co. Ltd.
2. Canadian Solar Inc
3. First Solar Inc.
4. GCL-Poly Energy Holdings Ltd.
5. TE Connectivity
6. LAPP Group
7. Amphenol
8. CNC Tech
9. Dongguan SUNYO
10. Heyco
11. HIS Renewables GmbH Oberzent
12. Icotek
13. Lapp Group
14. Leadergroup Ltd.
15. Lumberg
16. Molex
17. Phoenix Contact
18. Renhe Solar
19. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Global Photovoltaic and Solar Connectors Segmentation

Figure 2 Global Photovoltaic and Solar Connectors Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2022

Figure 4 Global Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 5 Global Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 6 Global Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 7 Global Photovoltaic and Solar Connectors Market Share, By Region, By Value, 2019–2029

Figure 8 North America Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 9 North America Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 10 North America Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 11 North America Photovoltaic and Solar Connectors Market Share, By Country, By Value, 2019–2029

Figure 12 United States Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 13 United States Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 14 United States Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 15 Canada Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 16 Canada Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 17 Canada Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 18 Europe Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 19 Europe Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 20 Europe Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 21 Europe Photovoltaic and Solar Connectors Market Share, By Country, By Value, 2019–2029

Figure 22 Germany Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 23 Germany Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 24 Germany Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 25 United Kingdom Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 26 United Kingdom Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 27 United Kingdom Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 28 Italy Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 29 Italy Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 30 Italy Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 31 France Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 32 France Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 33 France Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 34 Spain Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 35 Spain Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 36 Spain Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 37 Belgium Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 38 Belgium Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 39 Belgium Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 40 Russia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 41 Russia Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 42 Russia Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 43 The Netherlands Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 44 The Netherlands Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 45 The Netherlands Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 46 Rest of Europe Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 47 Rest of Europe Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 48 Rest of Europe Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 49 Asia-Pacific Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 50 Asia-Pacific Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 51 Asia-Pacific Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 52 Asia-Pacific Photovoltaic and Solar Connectors Market Share, By Country, By Value, 2019–2029

Figure 53 China Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 54 China Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 55 China Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 56 India Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 57 India Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 58 India Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 59 Japan Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 60 Japan Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 61 Japan Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 62 South Korea Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 63 South Korea Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 64 South Korea Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 65 Australia & New Zealand Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 66 Australia & New Zealand Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 67 Australia & New Zealand Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 68 Indonesia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 69 Indonesia Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 70 Indonesia Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 71 Malaysia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 72 Malaysia Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 73 Malaysia Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 74 Singapore Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 75 Singapore Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 76 Singapore Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 77 Vietnam Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 78 Vietnam Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 79 Vietnam Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 80 Rest of APAC Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 81 Rest of APAC Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 82 Rest of APAC Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 83 Latin America Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 84 Latin America Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 85 Latin America Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 86 Latin America Photovoltaic and Solar Connectors Market Share, By Country, By Value, 2019–2029

Figure 87 Brazil Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 88 Brazil Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 89 Brazil Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 90 Mexico Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 91 Mexico Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 92 Mexico Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 93 Argentina Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 94 Argentina Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 95 Argentina Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 96 Peru Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 97 Peru Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 98 Peru Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 99 Rest of LATAM Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 100 Rest of LATAM Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 101 Rest of LATAM Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 102 Middle East & Africa Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 103 Middle East & Africa Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 104 Middle East & Africa Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 105 Middle East & Africa Photovoltaic and Solar Connectors Market Share, By Country, By Value, 2019–2029

Figure 106 Saudi Arabia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 107 Saudi Arabia Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 108 Saudi Arabia Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 109 UAE Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 110 UAE Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 111 UAE Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 112 Qatar Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 113 Qatar Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 114 Qatar Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 115 Kuwait Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 116 Kuwait Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 117 Kuwait Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 118 South Africa Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 119 South Africa Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 120 South Africa Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 121 Nigeria Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 122 Nigeria Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 123 Nigeria Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 124 Algeria Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 125 Algeria Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 126 Algeria Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

Figure 127 Rest of MEA Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Figure 128 Rest of MEA Photovoltaic and Solar Connectors Market Share, By Type, By Value, 2019–2029

Figure 129 Rest of MEA Photovoltaic and Solar Connectors Market Share, By End Use, By Value, 2019–2029

List of Tables

Table 1 Global Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 2 Global Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 3 Global Photovoltaic and Solar Connectors Market Size, By Region, By Value, 2019–2029

Table 4 North America Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 5 North America Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 6 North America Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 7 North America Photovoltaic and Solar Connectors Market Size, By Country, By Value, 2019–2029

Table 8 United States Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 9 United States Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 10 United States Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 11 Canada Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 12 Canada Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 13 Canada Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 14 Europe Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 15 Europe Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 16 Europe Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 17 Europe Photovoltaic and Solar Connectors Market Size, By Country, By Value, 2019–2029

Table 18 Germany Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 19 Germany Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 20 Germany Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 21 United Kingdom Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 22 United Kingdom Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 23 United Kingdom Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 24 Italy Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 25 Italy Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 26 Italy Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 27 France Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 28 France Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 29 France Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 30 Spain Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 31 Spain Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 32 Spain Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 33 Belgium Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 34 Belgium Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 35 Belgium Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 36 Russia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 37 Russia Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 38 Russia Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 39 The Netherlands Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 40 The Netherlands Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 41 The Netherlands Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 42 Rest of Europe Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 43 Rest of Europe Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 44 Rest of Europe Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 45 Asia-Pacific Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 46 Asia-Pacific Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 47 Asia-Pacific Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 48 Asia-Pacific Photovoltaic and Solar Connectors Market Size, By Country, By Value, 2019–2029

Table 49 China Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 50 China Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 51 China Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 52 India Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 53 India Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 54 India Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 55 Japan Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 56 Japan Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 57 Japan Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 58 South Korea Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 59 South Korea Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 60 South Korea Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 61 Australia & New Zealand Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 62 Australia & New Zealand Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 63 Australia & New Zealand Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 64 Indonesia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 65 Indonesia Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 66 Indonesia Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 67 Malaysia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 68 Malaysia Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 69 Malaysia Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 70 Singapore Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 71 Singapore Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 72 Singapore Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 73 Vietnam Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 74 Vietnam Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 75 Vietnam Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 76 Rest of APAC Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 77 Rest of APAC Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 78 Rest of APAC Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 79 Latin America Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 80 Latin America Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 81 Latin America Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 82 Latin America Photovoltaic and Solar Connectors Market Size, By Country, By Value, 2019–2029

Table 83 Brazil Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 84 Brazil Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 85 Brazil Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 86 Mexico Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 87 Mexico Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 88 Mexico Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 89 Argentina Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 90 Argentina Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 91 Argentina Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 92 Peru Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 93 Peru Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 94 Peru Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 95 Rest of LATAM Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 96 Rest of LATAM Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 97 Rest of LATAM Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 98 Middle East & Africa Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 99 Middle East & Africa Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 100 Middle East & Africa Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 101 Middle East & Africa Photovoltaic and Solar Connectors Market Size, By Country, By Value, 2019–2029

Table 102 Saudi Arabia Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 103 Saudi Arabia Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 104 Saudi Arabia Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 105 UAE Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 106 UAE Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 107 UAE Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 108 Qatar Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 109 Qatar Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 110 Qatar Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 111 Kuwait Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 112 Kuwait Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 113 Kuwait Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 114 South Africa Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 115 South Africa Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 116 South Africa Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 117 Nigeria Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 118 Nigeria Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 119 Nigeria Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 120 Algeria Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 121 Algeria Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 122 Algeria Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 123 Rest of MEA Photovoltaic and Solar Connectors Market Size, By Value (USD Million), 2019–2029

Table 124 Rest of MEA Photovoltaic and Solar Connectors Market Size, By Type, By Value, 2019–2029

Table 125 Rest of MEA Photovoltaic and Solar Connectors Market Size, By End Use, By Value, 2019–2029

Table 126 JinkoSolar Holding Co. Ltd. Company Overview

Table 127 JinkoSolar Holding Co. Ltd. Financial Overview

Table 128 Canadian Solar Inc Company Overview

Table 129 Canadian Solar Inc Financial Overview

Table 130 First Solar Inc. Company Overview

Table 131 First Solar Inc. Financial Overview

Table 132 GCL-Poly Energy Holdings Ltd. Company Overview

Table 133 GCL-Poly Energy Holdings Ltd. Financial Overview

Table 134 TE Connectivity Company Overview

Table 135 TE Connectivity Financial Overview

Table 136 LAPP Group Company Overview

Table 137 LAPP Group Financial Overview

Table 138 Amphenol Company Overview

Table 139 Amphenol Financial Overview

Table 140 CNC Tech Company Overview

Table 141 CNC Tech Financial Overview

Table 142 Dongguan SUNYO Company Overview

Table 143 Dongguan SUNYO Financial Overview

Table 144 Heyco Company Overview

Table 145 Heyco Financial Overview

Table 146 HIS Renewables GmbH Oberzent Company Overview

Table 147 HIS Renewables GmbH Oberzent Financial Overview

Table 148 Icotek Company Overview

Table 149 Icotek Financial Overview

Table 150 Lapp Group Company Overview

Table 151 Lapp Group Financial Overview

Table 152 Leadergroup Ltd. Company Overview

Table 153 Leadergroup Ltd. Financial Overview

Table 154 Lumberg Company Overview

Table 155 Lumberg Financial Overview

Table 156 Molex Company Overview

Table 157 Molex Financial Overview

Table 158 Phoenix Contact Company Overview

Table 159 Phoenix Contact Financial Overview

Table 160 Renhe Solar Company Overview

Table 161 Renhe Solar Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. Which is the dominant region in Global Photovoltaic and Solar Connectors Market?

Ans: Asia-Pacific region is expected to hold the highest market share in Global Photovoltaic and Solar Connectors Market.

2. Which segment accounts for a major market share in the Global Photovoltaic and Solar Connectors Market by End Use?

Ans: The HEV segment is expected to hold a higher market share in the Global Photovoltaic and Solar Connectors Market by end use.

3. What is the expected market size of Global Photovoltaic and Solar Connectors Market?

Ans: During the forecast between 2023 and 2029, the Global Photovoltaic and Solar Connectors Market size is expected to grow at a CAGR of 14.72%.

4. What are the major factors driving the growth of Global Photovoltaic and Solar Connectors Market?

Ans: Major factors driving the growth of Global Photovoltaic and Solar Connectors Market include supportive government schemes to solar installations, growing adoption of PV systems for residential applications and decreasing cost of energy storage devices.

5. Name the key players in Global Photovoltaic and Solar Connectors Market.

Ans: Key players in Global Photovoltaic and Solar Connectors Market include JinkoSolar Holding Co. Ltd., Canadian Solar Inc, First Solar Inc., GCL-Poly Energy Holdings Ltd., TE Connectivity, LAPP Group, Amphenol, CNC Tech, Dongguan SUNYO, Heyco, HIS Renewables GmbH Oberzent, Icotek, Lapp Group, Leadergroup Ltd., Lumberg, Molex, Phoenix Contact, and Renhe Solar.

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