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Global Solar Cables Market Size study & Forecast, by Material (Copper, Aluminium, Others) By Type (Stranded, Bifurcated Solid) By End User (Residential, Commercial, Industrial, Utility) By Application (Solar Panels Wiring, Underground Service Entrances, Service Terminal Connections) and Regional Analysis, 2022-2029

April 2023 | 200 pages | ID: GC40E0E852ACEN
Bizwit Research & Consulting LLP

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Global Solar Cables Market is valued at approximately USD 688.15 million in 2021 and is anticipated to grow with a healthy growth rate of more than 13.90% over the forecast period 2022-2029. A solar cable is an interlinked cable that is used for interconnecting solar panels and other electrical components in the photovoltaic power generation industry. The Solar Cables market is expanding because of factors such as increasing demand for solar-based projects and rising sustainable approaches in climatic conditions.

Solar and photovoltaic cable systems are those that are used for the transmission of power in a solar or PV installation. Its prevalence has progressively increased during the last few decades. According to Statista, by 2024, solar PV demand is expected to total 125.2 gigawatts around the world. Furthermore, investments in solar energy as per Statista, in 2022, new investments in solar energy projects worldwide totalled around USD 59 billion. Another important component driving space is the rising sustainable approach in climatic conditions. As per Statista, between 2021 and 2030, the global green technology and sustainability market are forecast to grow. In 2021, the size of this market amounted to roughly USD 38.17 billion. Moreover, it is expected to peak at USD 417.35 billion by 2030, increasing at a compound annual growth rate of 21.6%. In addition, as of 2020, 45% of consumers surveyed stated that they were interested in finding brands that were sustainable or environmentally responsible. Likewise, 44% of consumers stated that they were interested in brands that supported recycling. Also, rising technological advancements in the solar photovoltaic industry and increasing adoption of microgrids would create a lucrative growth prospectus for the market over the forecast period However, the high cost of Solar Cables stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Solar Cables Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising awareness of solar panels and growing adoption of clean energy sources. According to Statista, in 2021, net solar power generation in the United States reached its highest point yet at 114.7 terawatt hours of solar thermal and photovoltaic power. Solar power generation has increased drastically over the past two decades. Furthermore, Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing awareness about renewable energy resources and their applications in various segments such industrial and residential projects in the market space.

Major market player included in this report are:

General Cable Corporation
Lumberg Holding
Phoenix Contact GmbH&Co. KG
Taiyo Cable Tech Co., Ltd
KBE Elektrotechnik GmbH
Eldra B.V
Amphenol Industrial Products Group
Prysmian Group
Emeren Group Ltd.
Havells India Ltd

Recent Developments in the Market:
In Jan 2022, – Amphenol Industrial Sustainable Technologies, a global leader in interconnect systems, offers a single pole power connector that is designed to exceed the performance of the UTX and H4 family of PV connectors. The Amphe-PV H4 Plus is dual-certified at 1500V DC to UL 6703 and IEC 62852. It enables robust thermal shock performance, exceeds UL dry heat and damp heat exposure requirements.

Global Solar Cables Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Material, Application, Type, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material
Copper
Aluminium
Others


By Type
Stranded
Bifurcated Solid


By End User
Residential
Commercial
Industrial
Utility


By Application
Solar Panels Wiring
Underground Service Entrances
Service Terminal Connections

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Solar Cables Market, by Region, 2019-2029 (USD Million)
  1.2.2. Solar Cables Market, by Material, 2019-2029 (USD Million)
  1.2.3. Solar Cables Market, by Type, 2019-2029 (USD Million)
  1.2.4. Solar Cables Market, by End User, 2019-2029 (USD Million)
  1.2.5. Solar Cables Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SOLAR CABLES MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SOLAR CABLES MARKET DYNAMICS

3.1. Solar Cables Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing demand of solar based projects
    3.1.1.2. Rising sustainable approach in climatic conditions
  3.1.2. Market Challenges
    3.1.2.1. Fluctuating prices of raw materials
  3.1.3. Market Opportunities
    3.1.3.1. Rising technological advancements in the solar photovoltaic industry
    3.1.3.2. Increasing adoption of microgrids

CHAPTER 4. GLOBAL SOLAR CABLES MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL SOLAR CABLES MARKET, BY MATERIAL

6.1. Market Snapshot
6.2. Global Solar Cables Market by Material, Performance - Potential Analysis
6.3. Global Solar Cables Market Estimates & Forecasts by Material 2019-2029 (USD Million)
6.4. Solar Cables Market, Sub Segment Analysis
  6.4.1. Copper
  6.4.2. Aluminium
  6.4.3. Others

CHAPTER 7. GLOBAL SOLAR CABLES MARKET, BY TYPE

7.1. Market Snapshot
7.2. Global Solar Cables Market by Type, Performance - Potential Analysis
7.3. Global Solar Cables Market Estimates & Forecasts by Type 2019-2029 (USD Million)
7.4. Solar Cables Market, Sub Segment Analysis
  7.4.1. Stranded
  7.4.2. Bifurcated Solid

CHAPTER 8. GLOBAL SOLAR CABLES MARKET, BY END USER

8.1. Market Snapshot
8.2. Global Solar Cables Market by End User, Performance - Potential Analysis
8.3. Global Solar Cables Market Estimates & Forecasts by End User 2019-2029 (USD Million)
8.4. Solar Cables Market, Sub Segment Analysis
  8.4.1. Residential
  8.4.2. Commercial
  8.4.3. Industrial
  8.4.4. Utility

CHAPTER 9. GLOBAL SOLAR CABLES MARKET, BY APPLICATION

9.1. Market Snapshot
9.2. Global Solar Cables Market by Application, Performance - Potential Analysis
9.3. Global Solar Cables Market Estimates & Forecasts by Application 2019-2029 (USD Million)
9.4. Solar Cables Market, Sub Segment Analysis
  9.4.1. Solar Panels Wiring
  9.4.2. Underground Service Entrances
  9.4.3. Service Terminal Connections

CHAPTER 10. GLOBAL SOLAR CABLES MARKET, REGIONAL ANALYSIS

10.1. Solar Cables Market, Regional Market Snapshot
10.2. North America Solar Cables Market
  10.2.1. U.S. Solar Cables Market
    10.2.1.1. Material breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Type breakdown estimates & forecasts, 2019-2029
    10.2.1.3. End User breakdown estimates & forecasts, 2019-2029
    10.2.1.4. Application breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Solar Cables Market
10.3. Europe Solar Cables Market Snapshot
  10.3.1. U.K. Solar Cables Market
  10.3.2. Germany Solar Cables Market
  10.3.3. France Solar Cables Market
  10.3.4. Spain Solar Cables Market
  10.3.5. Italy Solar Cables Market
  10.3.6. Rest of Europe Solar Cables Market
10.4. Asia-Pacific Solar Cables Market Snapshot
  10.4.1. China Solar Cables Market
  10.4.2. India Solar Cables Market
  10.4.3. Japan Solar Cables Market
  10.4.4. Australia Solar Cables Market
  10.4.5. South Korea Solar Cables Market
  10.4.6. Rest of Asia Pacific Solar Cables Market
10.5. Latin America Solar Cables Market Snapshot
  10.5.1. Brazil Solar Cables Market
  10.5.2. Mexico Solar Cables Market
  10.5.3. Rest of Latin America Solar Cables Market
10.6. Rest of The World Solar Cables Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. General Cable Corporation
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Lumberg Holding
  11.2.3. Phoenix Contact GmbH&Co. KG
  11.2.4. Taiyo Cable Tech Co., Ltd
  11.2.5. KBE Elektrotechnik GmbH
  11.2.6. Eldra B.V
  11.2.7. Amphenol Industrial Products Group
  11.2.8. Prysmian Group
  11.2.9. Emeren Group Ltd.
  11.2.10. Havells India Ltd

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Solar Cables Market, report scope
TABLE 2. Global Solar Cables Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Solar Cables Market estimates & forecasts by Material 2019-2029 (USD Million)
TABLE 4. Global Solar Cables Market estimates & forecasts by Type 2019-2029 (USD Million)
TABLE 5. Global Solar Cables Market estimates & forecasts by End User 2019-2029 (USD Million)
TABLE 6. Global Solar Cables Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 7. Global Solar Cables Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Solar Cables Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Solar Cables Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Solar Cables Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Solar Cables Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Solar Cables Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Solar Cables Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Solar Cables Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Solar Cables Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Solar Cables Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. U.S. Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 21. Canada Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. Canada Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 24. UK Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. UK Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 27. Germany Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. Germany Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 30. France Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. France Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 33. Italy Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Italy Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 36. Spain Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. Spain Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 39. RoE Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. RoE Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 42. China Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. China Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 45. India Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. India Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 48. Japan Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. Japan Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 51. South Korea Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. South Korea Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 54. Australia Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. Australia Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 57. RoAPAC Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. RoAPAC Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 60. Brazil Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Brazil Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 63. Mexico Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. Mexico Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 66. RoLA Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. RoLA Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Solar Cables Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 69. Row Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. Row Solar Cables Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Solar Cables Market
TABLE 72. List of primary sources, used in the study of global Solar Cables Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Solar Cables Market, research methodology
FIG 2. Global Solar Cables Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Solar Cables Market, key trends 2021
FIG 5. Global Solar Cables Market, growth prospects 2022-2029
FIG 6. Global Solar Cables Market, porters 5 force model
FIG 7. Global Solar Cables Market, pest analysis
FIG 8. Global Solar Cables Market, value chain analysis
FIG 9. Global Solar Cables Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Solar Cables Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Solar Cables Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Solar Cables Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Solar Cables Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Solar Cables Market, regional snapshot 2019 & 2029
FIG 15. North America Solar Cables Market 2019 & 2029 (USD Million)
FIG 16. Europe Solar Cables Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Solar Cables Market 2019 & 2029 (USD Million)
FIG 18. Latin America Solar Cables Market 2019 & 2029 (USD Million)
FIG 19. Global Solar Cables Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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