Development of the solar photovoltaic industry is the primary factor that drives the growth of the solar cables market growth. Solar photovoltaic industry is an eco-friendly industry, and is anticipated to play a significant role in resolving energy problems. Moreover, increase in use of solar cables in various applications and rise in number of solar projects in emerging economies supplement the market growth. However, fluctuating prices of raw materials, such as copper, restrict the market growth.
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The report segments the solar cables market on the basis of material, application, and geography. Based on material, the market is divided into copper, aluminum, and others. By application, it is bifurcated into residential and nonresidential. Nonresidential is further segmented into commercial & office, institutional, industrial, hospitality & leisure, and others (hospitals and airport terminals).Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
Solar Cables Market Key Segments:
By Material
Copper
Aluminum
Others
By Application
Residential
Non-Residential
Commercial & Office
Institutional
Industrial
Hospitality & Leisure
Others (Hospitals and Airport Terminals)
By Geography
North America
Europe
Asia-Pacific
LAMEA
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Comprehensive competitive analysis and profiles of major market players provided in the report are as follows:
Allied Wire & Cable, Inc.
Amphenol Industrial Products Group
Eldra B.V.
General Cable Corporation
KBE Elektrotechnik GmbH
Lapp Group
Lumberg Group
Ningbo Pntech New Energy Co., Ltd.
Phoenix Contact GmbH & Co. KG
Taiyo Cable Tech Co., Ltd.
Key Benefits
This report provides a quantitative analysis of the current trends and estimations from 2021 to 2029 of the global solar cables market to identify the prevailing market opportunities.
Major countries in each region are mapped according to individual market revenue.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
Key players and their key developments in the recent years are listed.
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