1 Staubli
Stäubli is a global industrial and mechatronic solution provider with four dedicated Divisions: Electrical Connectors, Fluid Connectors, Robotics and Textile, serving customers who aim to increase their productivity in many industrial sectors. Stäubli currently operates in 28 countries, with agents in 50 countries on four continents. Its global workforce of 6,000 shares a commitment to partnering with customers in nearly every industry to provide comprehensive solutions with long-term support. Company business includes industrial connectors for fluids and gases, power, data, jacquard machinery, robots, end of arm tooling, cobots, AGV, electrical connectors, fluid connectors, textile machinery, weaving preparation systems, quick mold change, Original MC4 connector, SCARA, six-axis robots, CombiTac.
Table Staubli Corporation Information
|
Item |
Description |
|
Company Name |
Staubli |
|
Website | |
|
Established Time |
1892 |
|
Headquarters |
Switzerland |
|
Market Distribution |
Worldwide |
Table Photovoltaic and Solar Connectors Product Portfolio
 |
Original MC4 PV connectorThe Original MC4 is the world’s leading PV connector designed and engineered by our in-house experts more than 20 years ago. As the most installed PV connector worldwide, the MC4 continues to set new industry benchmarks thanks to our drive for excellence and innovation.Stäubli connectors are crafted with Swiss precision, offering optimal efficiency and long-term performance for small to large-scale PV systems. When selecting connectors, trust the original to rest assured that your operations will be safe and perform sustainably for decades to come.The Original MC4Invented by Stäubli engineers in SwitzerlandManufactured in compliance with European ConformityMC4 is a protected trademark of Stäubli |
From 2019 to 2024, Staubli experienced a significant growth in production, with a particularly sharp increase in 2022 and 2023. Starting at 122.2 million units in 2019, the production rose by 5.88% in 2020, followed by a 17.29% increase in 2021. The most substantial growth of 62.79% occurred in 2022, and the company continued to expand with an 82.79% increase in 2023 and a further 24.68% rise in 2024, reaching 563.0 million units. This trend indicates a strong expansion and market share increase for Staubli in the photovoltaic and solar connectors market.
Figure Staubli Production and Growth Rate (2019-2024)
Staubli has shown a strong financial performance from 2019 to 2024, with revenue growing from $195.4 million to an estimated $964.57 million and gross profit increasing from $43.95 million to $200.47 million. Despite some fluctuations, the gross margin has been relatively stable, maintaining around 20%, which indicates that Staubli has managed to keep a consistent level of profitability per unit of sales. This consistent financial growth and stable gross margin reflect the company’s effectiveness in managing production costs and its strong market positioning within the photovoltaic and solar connectors industry.
Table Staubli Photovoltaic and Solar Connectors Production, Revenue, Price and Gross Margin (2019-2024)
|
Staubli |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
|
Production (M Units) |
122.2 |
129.4 |
151.7 |
247.0 |
451.5 |
563.0 |
|
Price (USD/K Units) |
1599 |
1579 |
1608 |
1650 |
1758 |
1713 |
|
Revenue (M USD) |
195.40 |
204.31 |
244.02 |
407.46 |
793.74 |
964.57 |
|
Gross (M USD) |
43.95 |
41.36 |
54.83 |
90.47 |
177.85 |
200.47 |
|
Gross Margin |
22.49% |
20.24% |
22.47% |
22.20% |
22.41% |
20.78% |
2 Amphenol
Amphenol Industrial, a division of Amphenol Corporation headquartered in Wallingford, Connecticut, specializes in providing a comprehensive range of high-reliability power and signal connectors along with interconnection systems specifically designed for industrial applications. With a global manufacturing, sales, and marketing presence, Amphenol Industrial caters to diverse sectors including alternative energy, power generation and storage, rail and mass transit, process control, automotive manufacturing, heavy equipment, wireless base stations, and petrochemical industries. The product portfolio of Amphenol Industrial Operations includes power interconnects utilizing RADSOK® contact technology, ruggedized military derivative commercial cylindrical connectors, and assemblies and harnesses using these and other industry-standard interconnects, demonstrating their commitment to innovation and technology in serving the electrification, networking, and automation needs across various economic sectors and infrastructure.
Table Amphenol Corporation Information
|
Item |
Description |
|
Company Name |
Amphenol |
|
Website | |
|
Established Time |
1932 |
|
Headquarters |
USA |
|
Market Distribution |
Worldwide |
Table Photovoltaic and Solar Connectors Product Portfolio
 |
H4 PV Connector DescriptionAmphenol Industrial Operations Solar Technologies presents the H4 PV Connector, leading the solar connector market today. With a higher ampacity than the industry standard connector, it provides exceptional performance. The H4 PV Connector meets the NEC 2008/2011 standard without the need for an additional locking clip, simplifying installation. Available in three different gauges: 25A (2.5mm², AWG14), 35A (4.0mm², AWG12), and 45A (6.0mm², AWG10), it offers a range of options to suit various power needs. Features & Benefits UL6703 and TUV IEC62852 dual approval Fully mate-able with AIST’s entire PV product lineMeets all NEC 2008/2011 requirements Long-term UV resistanceLow contact resistance means low power loss Ready for field assembly |
Amphenol has demonstrated a consistent growth trend in the production of photovoltaic and solar connectors from 2019 to 2024, with an escalating growth rate particularly noticeable between 2021 and 2023. Starting at 23.7 million units in 2019, the production increased by 4.94% in 2020, 14.95% in 2021, 33.03% in 2022, and remarkably by 60.48% in 2023, culminating in a 22.80% increase in 2024 to reach 75.1 million units. This significant acceleration in growth rates between these years may indicate a surge in market demand and/or substantial improvements in production efficiency and market share acquisition. Based on this trend, Amphenol is expected to maintain a robust growth momentum in the coming years, especially against the backdrop of a continuously expanding market for photovoltaic and solar connectors.
Figure Amphenol Production and Growth Rate (2019-2024)
Amphenol’s financial trajectory between 2019 and 2024 is marked by a significant upward trend, with revenues escalating from $39.73 million to an estimated $132.75 million and gross profits climbing from $8.06 million to a projected $25.21 million. The company’s gross margin, hovering around the 20% mark with minor variations, began at 20.29% in 2019 and is forecasted to be at 18.99% by 2024. This stability in gross margin percentage, amidst an overall increase in financial metrics, underscores Amphenol’s adept cost management and its ability to sustain profitability amidst scaling operations, thereby reinforcing its competitive edge in the photovoltaic and solar connectors sector.
Table Amphenol Photovoltaic and Solar Connectors Production, Revenue, Price and Gross Margin (2019-2024)
|
Amphenol |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
|
Production (M Units) |
23.7 |
24.9 |
28.6 |
38.1 |
61.1 |
75.1 |
|
Price (USD/K Units) |
1674 |
1649 |
1665 |
1717 |
1805 |
1768 |
|
Revenue (M USD) |
39.73 |
41.09 |
47.68 |
65.41 |
110.34 |
132.75 |
|
Gross (M USD) |
8.06 |
7.94 |
9.55 |
12.35 |
22.41 |
25.21 |
|
Gross Margin |
20.29% |
19.34% |
20.03% |
18.88% |
20.31% |
18.99% |
3 TE Connectivity
TE Connectivity designs and manufactures connectivity and sensor solutions. The company offers connector systems, terminals and components, sensors, relays, heat shrink tubing, interventional medical components, wire and cable, and antennas. These products and solutions find application in various industries, including automotive, aerospace, defense, marine, industrial, medical, data and devices, appliance, and energy.
Table TE Connectivity Corporation Information
|
Item |
Description |
|
Company Name |
TE Connectivity |
|
Website | |
|
Established Time |
1941 |
|
Headquarters |
Switzerland |
|
Market Distribution |
Worldwide |
Table Photovoltaic and Solar Connectors Product Portfolio
 |
PV Connectors for Solar Projects For more than 40 years, our SOLARLOK range of connectors provides simple, fast, and reliable connections, from photovoltaic modules with different insulation diameters to DC/AC converters. They can be used in multiple applications including residential, utility-scale solar plants, commercial and building integrated photovoltaic (BIPV).The demand for solar power continues to grow. And so does your need for more robust systems that deliver increased power and efficiency. We’re ready with a reliable and flexible DC connection system that can help achieve low contact resistance to reduce power losses. Our DC connectors are built for flame retardancy, are robust and resist animal intrusion. They are listed to UL, and IEC standards. |
TE Connectivity has demonstrated a steady increase in production from 2019 to 2024, beginning with 20.4 million units and anticipated to grow to 59.5 million units by the end of this period. The growth has been gradual yet significant, with a calculated annual growth rate that shows a consistent expansion in manufacturing capabilities. This upward trend signifies TE Connectivity’s commitment to meeting the growing demands of the photovoltaic and solar connectors market and underscores the company’s strategic focus on scaling its operations to enhance its market presence and competitiveness within the industry.
Figure TE Connectivity Production and Growth Rate (2019-2024)
TE Connectivity has exhibited a robust financial performance with a steady ascent in revenue from $34.53 million in 2019 to an estimated $108.73 million by 2024, showcasing the company’s robust sales performance. The gross profit has correspondingly escalated, starting at $7.70 million and projected to climb to $22.88 million, indicating effective cost management alongside sales growth. Throughout this period, the gross margin has hovered around the 21% mark, with minor variations from 22.31% in 2019 to 21.05% in 2024, demonstrating TE Connectivity’s consistent profitability on a per-unit basis. This financial consistency and growth underscore the company’s strategic prowess in navigating the photovoltaic and solar connectors market, balancing expanding operations with profitability.
Table TE Connectivity Photovoltaic and Solar Connectors Production, Revenue, Price and Gross Margin (2019-2024)
|
TE Connectivity |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
|
Production (M Units) |
20.4 |
22.1 |
27.0 |
35.0 |
50.7 |
59.5 |
|
Price (USD/K Units) |
1692 |
1662 |
1689 |
1744 |
1871 |
1828 |
|
Revenue (M USD) |
34.53 |
36.79 |
45.63 |
61.03 |
94.95 |
108.73 |
|
Gross (M USD) |
7.70 |
7.99 |
10.22 |
13.26 |
20.43 |
22.88 |
|
Gross Margin |
22.31% |
21.71% |
22.39% |
21.73% |
21.52% |
21.05% |
