QY Research has published the new industry research report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.
Los Angeles, CA -- (SBWIRE) -- 05/17/2019 -- In a large solar photovoltaic (PV) array, multiple solar modules are connected in series in a string to build the voltage up to proper levels for the inverter. Multiple strings of solar modules are then combined together in parallel to multiply the string output currents to higher levels for input into the inverter.
The smart PV combiner box is a device that combines the output of multiple strings of PV modules for connection to the inverter, support surge and overcurrent protection, and monitoring single-string current and voltage, surge protective device and breaker condition of PV array. It is typically used in the larger commercial and utility scale PV power plants (greater than 500kW).
PV combiner box is widely used in large-scale grid-connected PV system, in order to reduce the cable cost between PV modules and inverter, to make it easy to install and maintain and also to improve the reliability. Monitoring and maintaining the electrical connections can help insure a high reliability and long lasting field installation.
In PV smart solutions, the smart PV array combiner box product is a low concentration industry and almost sales as accessories for PV inventors. Smart PV combiner box belongs to niche product in PV power solution with a small market scale.
In 2016, major demand was accounted 40.09 % from China. Other major demand is expected from emerging markets of India, Americas and MEA.
Smart PV array combiner box demand is applied in residential, non-residential and utility. As of 2016, utility application of the smart PV array combiner box is the largest segment market with a market share of 75.96 percent.
The global Smart PV Array Combiner Box market was 320 million US$ in 2018 and is expected to 750 million US$ by the end of 2025, growing at a CAGR of 11.1% between 2019 and 2025.
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This report studies the Smart PV Array Combiner Box market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smart PV Array Combiner Box in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Surpass Sun Electric
Ehe New Energy
Jingyi Renewable Energy
By the product type, the market is primarily split into
DC Smart PV Combiner Box
AC Smart PV Combiner Box
By the end users/application, this report covers the following segments
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