Alternative energy resources continue to be high in demand, and the photovoltaic industry is still leading the field. In order to ensure availability and short lead times, Swiss based PV connector specialist Multi-Contact largely increased their global manufacturing capacities and invested in state-of-the-art production facilities.
In 1996, Multi-Contact pioneered with the introduction of the world’s first standardised connector for photovoltaic installations. The innovative MC3 connector system was well received by the industry, and still has a good standing in the international market. The MC4 connector followed in 2002, and is today the most popular PV connector worldwide. Closely observing the latest developments and trends in the industry, and based on their long-term experience and expertise in the PV sector, Multi-Contact keep expanding their product range and provide customised solutions for individual requirements.
In 2008, the total sales volume of PV products skyrocketed. The global photovoltaic market more than doubled compared to 2007 and the industry was suddenly facing an extremely tight market situation with a temporary shortage of supply. Even though there has been a noticeable decline in the meantime, driven by the current global financial crisis, the demand for photovoltaic solutions remains strong, and the upward trend is likely to pick up speed again once the global economic situation has recovered.
The European Photovoltaic Industry Association EPIA predicts a sustained growth of the global PV market for the future. Next to Germany, which continues to be one of the leading markets for the photovoltaic industry, the experts expect the USA to become one of the top PV markets worldwide within the next five years, closely followed by Asian countries such as Japan and South Korea.
Multi-Contact has been present in these regions for some time and is well acquainted with the local markets. In order to maintain or further improve their customer service standards and steadily meet the demand in the PV sector worldwide, Multi-Contact decided to increase and decentralise the relevant production capacities.