Market Overview:
The global renewable energy connector market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for renewable energy across the globe and rising investments in renewable energy projects. Based on type, the global renewable energy connector market is segmented into Ceres connectors, RJ connectors, X-Lok connectors, and other types. Ceres connectors are expected to hold a major share of the market during the forecast period owing to their high performance and reliability. Based on application, the renewables connector market is segmented into wind power generation, solar power generation, geothermal power generation,, biomass power generation,, hydropower power generation,, and other applications.
Product Definition:
A renewable energy connector is a device that links two or more renewable energy sources together to create a more stable and reliable source of power. The importance of renewable energy connectors is that they allow for the sharing of resources between multiple sources, which helps to improve overall efficiency and stability.
Ceres Connectors:
Ceres Connectors are manufactured by the Shanghai 3C Company Ltd. The company is a well-established manufacturer of printed circuit boards (PCB) and interconnecting components in China. It has been operating for more than 20 years and has a strong presence across the country with offices in all major cities as well as key manufacturing facilities.
RJ Connectors:
RJ connectors are used in renewable energy connector market. It is a type of electrical connectors that consists of two metal pins and a plastic base. The main function of these connectors is to provide mechanical and electrical connections between wind turbine blades, generator, battery bank, solar panels or any other equipment and devices. These are available in different shapes and sizes which suit the application according to the need.
Application Insights:
The renewable energy connector market by application is segmented into wind, solar, geothermal, biomass, hydropower and other applications. The wind application dominated the global market in 2017 owing to its ability to generate power at any time and location without the need for additional storage facilities or infrastructure. Furthermore, government support for increased installation of renewable energy sources such as solar panels on residential buildings has also driven demand over recent years.
Solar connectors are used in photovoltaic (PV) modules to allow PV systems to be connected directly into the grid without requiring a battery back-up system. This reduces costs and simplifies installations while increasing efficiency across both small & large scale installations alike.
Regional Analysis:
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government support for renewable energy in China and India. In 2015, China installed more than 20 GW of solar panels which was more than any other country had done till then. The government planned to install up to 100 GW of solar panels by 2020 which is expected to have a positive impact on the market over the next eight years.
Europe accounted for 24% of global revenue in 2017 and is estimated to expand at CAGR 6% from 2018-2030 owing high penetration rates of wind farms and biomass plants across countries such as Germany, U.K.
Growth Factors:
- Increasing demand for renewable energy: The global demand for renewable energy is increasing rapidly due to the growing concerns about climate change and air pollution. This is driving the growth of the Renewable Energy Connector market.
- Government policies and regulations supporting renewables: Governments around the world are promoting renewables through various policies and regulations, such as feed-in tariffs, tax incentives, and quota systems. This is also propelling the growth of the Renewable Energy Connector market.
- Declining costs of solar and wind power: The costs of solar photovoltaic (PV) modules and wind turbines are declining rapidly due to technological advancements and economies of scale. This is making renewable energy more affordable, which is boosting its adoption worldwide, thereby driving the growth of the Renewable Energy Connector market.
- Rising awareness about renewables: There is a growing awareness about renewable energy among consumers, businesses, investors, etc., due to its environmental benefits And this trend will continue in future which will fuelthegrowthof therenewablesectorandRenewableEnergyConnectormarkettoo . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Renewable Energy Connector Market Research Report
By Type
Ceres Connectors, RJ Connectors, X-Lok Connectors, Other
By Application
Wind, Solar, Geothermal, Biomass, Hydropower, Other
By Companies
Amphenol Industrial Products, Fischer Connectors, Cinch Connectivity Solutions, Molex, TE Connectivity, Phoenix Contact, Remke Industries, Hydro Group, HIS Renewables, Gisma Connectors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Renewable Energy Connector Market Report Segments:
The global Renewable Energy Connector market is segmented on the basis of:
Types
Ceres Connectors, RJ Connectors, X-Lok Connectors, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wind, Solar, Geothermal, Biomass, Hydropower, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amphenol Industrial Products
- Fischer Connectors
- Cinch Connectivity Solutions
- Molex
- TE Connectivity
- Phoenix Contact
- Remke Industries
- Hydro Group
- HIS Renewables
- Gisma Connectors
Highlights of The Renewable Energy Connector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ceres Connectors
- RJ Connectors
- X-Lok Connectors
- Other
- By Application:
- Wind
- Solar
- Geothermal
- Biomass
- Hydropower
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Renewable Energy Connector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Renewable Energy Connector (REC) is a voluntary program that connects renewable energy developers with utilities and other customers. REC helps to connect renewable energy developers with potential customers, including businesses, government entities, and homeowners. REC also provides information about the benefits of renewables for consumers and businesses.
Some of the major companies in the renewable energy connector market are Amphenol Industrial Products, Fischer Connectors, Cinch Connectivity Solutions, Molex, TE Connectivity, Phoenix Contact, Remke Industries, Hydro Group, HIS Renewables, Gisma Connectors.
The renewable energy connector market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Renewable Energy Connector Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Renewable Energy Connector Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Renewable Energy Connector Market - Supply Chain
4.5. Global Renewable Energy Connector Market Forecast
4.5.1. Renewable Energy Connector Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Renewable Energy Connector Market Size (000 Units) and Y-o-Y Growth
4.5.3. Renewable Energy Connector Market Absolute $ Opportunity
5. Global Renewable Energy Connector Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Renewable Energy Connector Market Size and Volume Forecast by Type
5.3.1. Ceres Connectors
5.3.2. RJ Connectors
5.3.3. X-Lok Connectors
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Renewable Energy Connector Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Renewable Energy Connector Market Size and Volume Forecast by Application
6.3.1. Wind
6.3.2. Solar
6.3.3. Geothermal
6.3.4. Biomass
6.3.5. Hydropower
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Renewable Energy Connector Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Renewable Energy Connector Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Renewable Energy Connector Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Renewable Energy Connector Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Renewable Energy Connector Demand Share Forecast, 2019-2026
9. North America Renewable Energy Connector Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Renewable Energy Connector Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Renewable Energy Connector Market Size and Volume Forecast by Application
9.4.1. Wind
9.4.2. Solar
9.4.3. Geothermal
9.4.4. Biomass
9.4.5. Hydropower
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Renewable Energy Connector Market Size and Volume Forecast by Type
9.7.1. Ceres Connectors
9.7.2. RJ Connectors
9.7.3. X-Lok Connectors
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Renewable Energy Connector Demand Share Forecast, 2019-2026
10. Latin America Renewable Energy Connector Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Renewable Energy Connector Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Renewable Energy Connector Market Size and Volume Forecast by Application
10.4.1. Wind
10.4.2. Solar
10.4.3. Geothermal
10.4.4. Biomass
10.4.5. Hydropower
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Renewable Energy Connector Market Size and Volume Forecast by Type
10.7.1. Ceres Connectors
10.7.2. RJ Connectors
10.7.3. X-Lok Connectors
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Renewable Energy Connector Demand Share Forecast, 2019-2026
11. Europe Renewable Energy Connector Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Renewable Energy Connector Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Renewable Energy Connector Market Size and Volume Forecast by Application
11.4.1. Wind
11.4.2. Solar
11.4.3. Geothermal
11.4.4. Biomass
11.4.5. Hydropower
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Renewable Energy Connector Market Size and Volume Forecast by Type
11.7.1. Ceres Connectors
11.7.2. RJ Connectors
11.7.3. X-Lok Connectors
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Renewable Energy Connector Demand Share, 2019-2026
12. Asia Pacific Renewable Energy Connector Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Renewable Energy Connector Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Renewable Energy Connector Market Size and Volume Forecast by Application
12.4.1. Wind
12.4.2. Solar
12.4.3. Geothermal
12.4.4. Biomass
12.4.5. Hydropower
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Renewable Energy Connector Market Size and Volume Forecast by Type
12.7.1. Ceres Connectors
12.7.2. RJ Connectors
12.7.3. X-Lok Connectors
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Renewable Energy Connector Demand Share, 2019-2026
13. Middle East & Africa Renewable Energy Connector Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Renewable Energy Connector Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Renewable Energy Connector Market Size and Volume Forecast by Application
13.4.1. Wind
13.4.2. Solar
13.4.3. Geothermal
13.4.4. Biomass
13.4.5. Hydropower
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Renewable Energy Connector Market Size and Volume Forecast by Type
13.7.1. Ceres Connectors
13.7.2. RJ Connectors
13.7.3. X-Lok Connectors
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Renewable Energy Connector Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Renewable Energy Connector Market: Market Share Analysis
14.2. Renewable Energy Connector Distributors and Customers
14.3. Renewable Energy Connector Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amphenol Industrial Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fischer Connectors
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cinch Connectivity Solutions
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Molex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TE Connectivity
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Phoenix Contact
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Remke Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hydro Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HIS Renewables
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gisma Connectors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
