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| Dimension | Value |
|---|---|
| Market Size (2023) | $1.5 Billion |
| Growth Rate (CAGR 2023-2028) | 8.5% |
| Leading Region | North America |
| Key Application | Residential Solar Systems |
| Regulatory Standards | UL 489 |
| Common Voltage Ratings | 120V, 240V |
| Major Manufacturers | Multiple Leading Companies |
| Market Challenges | High Competition, Regulatory Compliance |