Smart PV Array Combiner Box Market: North America occupies the major share

February 14 17:49 2019

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PV combiner box is widely used in a large-scale grid-connected PV system to reduce the cable cost within PV modules and inverter, to make it easy to establish and maintain and also to improve the reliability.

The smart PV array combiner box is widely used because of its several features which include easy compliance, maintenance, anti-corrosive and safety. This combiner box is specifically designed to help customers by minimizing system cost by decreasing wiring requirement and installation time.

Smart PV Array Combiner Box Market Size and Growth Rate:

Smart PV Array Combiner Box Market was valued at USD xx million in 2017 and is poised to reach USD xx million by 2022 growing at a CAGR of xx% during the forecast period 2017 to 2022.

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Smart PV Array Combiner Box Market Growth Drivers and Restraints:

PV combiner box is widely used in a large-scale grid-connected PV system to reduce the cable cost within PV modules and inverter, to make it easy to establish and maintain and also to improve the reliability. Monitoring and controlling the electrical connections can help ensure high reliability and long lasting field installation.

In PV smart solutions, the active PV array combiner box product is a low concentration industry. Smart PV combiner box goes to niche product in PV power solution with a small market scale.

Geographical Overview of Smart PV Array Combiner Box Market:

North America is supposed to dominate during the forecast period, owing to important growth in technology innovations in this area, which will be followed by Europe and APAC.

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Key Players of Smart PV Array Combiner Box Market:

Some of the leading market players of Smart PV Array Combiner Box Market are Sungrow, TBEA, Schneider Electric, Kebite, XJ Group, Jinting Solar, CFAT, Weidmuller, Eaton, FIBOX and others.

Smart PV Array Combiner Box Market Segmentation:

By Types:

  • DC Smart
  • AC Smart

 

By Applications:

  • Commercial
  • Utility

 

By Region:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

 

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