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Global Solar Cables Market: By Type: Copper, Aluminium, Others; By Application: Residential, Non-Residential, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Solar Cables Market Outlook

The global solar cables market size was valued at USD 688.15 million in 2020. It is expected to reach USD 1,502.55 million by 2026, growing at a CAGR of 13.9% in the forecast period of 2023-2028.

 

Global Solar Cables Market

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A solar cable is an interlinked cable that is used for interconnecting solar panels and other electrical components in the photovoltaic power generation industry. Quick mounting, UV protection, lifelong reliability, outdoor longevity, mobility, and stripping capability are some of the features that make solar cables suitable for industrial applications. In compliance with environmental regulations, these cables are flame-retardant and completely recyclable.

 

Market Segmentation

A solar cable is a cable used in the development of photovoltaic electricity. Solar cables are designed to be resistant to UV and climate.

 

Global Solar Cables Market By Type

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The solar cables market can be segmented into types and application.

The industry can be broadly categorised based on types into:

  • Copper
  • Aluminium
  • Others

The industry can be divided based on its application segments as:

  • Residential 
  • Non-Residential
  • Commercial and Office
  • Institutional
  • Industrial
  • Hospitality and Leisure
  • Others

The EMR report looks into the regional solar cables markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Solar Cables Market By Region

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Market Analysis

Solar photovoltaic is an environmentally friendly technology and is expected to play a major role in solving energy problems. The growth of the solar photovoltaic industry is the primary factor driving the solar cables market growth. The increasing use of solar cables in different applications and the increasing number of solar projects in emerging economies complement the growth of the industry. Nevertheless, fluctuating raw material costs, such as copper, might hinder the growth of the industry in the coming years.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global solar cables market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Allied Wire & Cable, Inc.
  • Top Cable, S.A
  • Amphenol Industrial Products Group
  • Eldra B.V.
  • Kbe Elektrotechnik Gmbh 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Copper, Aluminium, Others
Breakup by Application Residential, Non-Residential, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Allied Wire & Cable, Inc., Top Cable, S.A, Amphenol Industrial Products Group, Eldra B.V., Kbe Elektrotechnik Gmbh, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
    4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Solar Cables Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Solar Cables Historical Market (2018-2022) 
    8.3    Global Solar Cables Market Forecast (2023-2028)
    8.4    Global Solar Cables Market by Type
        8.4.1    Copper
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Aluminium
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Solar Cables Market by Application
        8.5.1    Residential 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Non-Residential
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
            8.5.2.4    Breakup by Type
                8.5.2.4.1    Commercial & Office
                8.5.2.4.2    Institutional
                8.5.2.4.3    Industrial
                8.5.2.4.4    Hospitality & Leisure
        8.5.3    Others
    8.6    Global Solar Cables Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (HS Code- 8544)

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume 
13    Price Analysis
    13.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    13.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    13.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    13.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    13.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Top Cable S.A 
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Amphenol Industrial Products Group 
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    KBE Elektrotechnik GmbH 
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Prysmian S.p.A
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    KEI Industries Limited 
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Ultracab (India) Limited 
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Eldra B.V.  
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    Others
15    Industry Events and Developments


List of Key Figures and Tables

1.    Global Solar Cables Market: Key Industry Highlights, 2017 and 2021
2.    Global Solar Cables Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Solar Cables Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Solar Cables Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Solar Cables Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Solar Cables Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Solar Cables Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Solar Cables Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Solar Cables Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Solar Cables Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Solar Cables Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Solar Cables Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Solar Cables Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Solar Cables Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Solar Cables Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Solar Cables Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Solar Cables Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Major Exporting Countries by Value
19.    Major Importing Countries by Value
20.    Major Exporting Countries by Volume
21.    Major Importing Countries by Volume
22.    North America Historical Price Trends and Forecast 2018-2028
23.    Europe Historical Price Trends and Forecast 2018-2028
24.    Asia Pacific Historical Price Trends and Forecast 2018-2028
25.    Latin America Historical Price Trends and Forecast 2018-2028
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
27.    Global Solar Cables Market Structure

Key Questions Answered in the Report

The global solar cables market attained a value of nearly USD 688.15 million in 2020.

The market is projected to grow at a CAGR of 13.9% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 1502.5 million by 2026.

The major drivers of the industry include rising applications, increasing number of solar projects, environmental awareness, and growing disposable incomes.

The growth of the solar photovoltaic industry is expected to be a key trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The types of solar cables available are copper and aluminium, amongst others.

Solar cables find applications in residential and non-residential, among others. Non-residential can be further divided into commercial and office, institutional, industrial, and hospitality and leisure.

The leading players in this market are Allied Wire & Cable, Inc., Top Cable, S.A, Amphenol Industrial Products Group, Eldra B.V., and Kbe Elektrotechnik Gmbh, amongst others.

Analyst Review

The global solar cables market attained a value of USD 688.15 million in 2020, driven by the greater applications, increasing number of solar projects, environmental awareness, and growing disposable incomes. Aided by the growth of the solar photovoltaic industry, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 13.9%. The market is projected to reach USD 1502.5 million by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the solar cables market can be segmented into copper and aluminium, amongst others. By application, the industry can be divided into residential and non-residential, among others. Non-residential can be further divided into commercial and office, institutional, industrial, and hospitality and leisure, amongst others. The major regional markets for solar cables are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The leading players in this market are Allied Wire & Cable, Inc., Top Cable, S.A, Amphenol Industrial Products Group, Eldra B.V., and Kbe Elektrotechnik Gmbh, amongst others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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