Quick Summary:
In the rapidly evolving solar energy industry, the global Solar Cable market is primed for significant growth. Projected to more than double in size by 2030, reaching an estimated value of US$3.1 Billion, this market embodies an exceptional opportunity and demand for key players and new entrants alike. Our comprehensive market research report provides crucial insights into this expanding industry, dissecting both influential segments and noteworthy geographic markets.
This report leverages deep industry knowledge, comprehensive analysis, and robust data to provide you with strategic guidance. It delivers special coverage on competitor market shares, geographic market presence, and beneficial peer-to-peer collaborative updates. The package also includes complimentary updates for one year, ensuring the most current information for your strategic decision-making. Stay ahead of the curve, and arm yourself with the crucial market insights our Solar Cable report provides.
Global Solar Cable Market to Reach $3.1 Billion by 2030
The global market for Solar Cable estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$3.1 Billion by 2030, growing at a CAGR of 12.9% over the analysis period 2022-2030. Copper, one of the segments analyzed in the report, is projected to record 13.9% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Aluminum Alloy segment is readjusted to a revised 10.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $311.9 Million, While China is Forecast to Grow at 16.9% CAGR
The Solar Cable market in the U.S. is estimated at US$311.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$774.7 Million by the year 2030 trailing a CAGR of 16.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.Select Competitors (Total 56 Featured) -
- Allied Wire & Cable, Inc.
- Atkore International
- General Cable Corporation
- Havells India Ltd.
- HUBER+SUHNER AG
- Lapp Group North America
- Lumber Connect GmbH
- Prysmian Group
- Renesola Zhejiang Ltd.
- RR Kabel Ltd.
- Taiyo Cabletec Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Solar Cable?
What is the growth rate of the Global Market for Solar Cable?
What is the forecasted size of the Global Market for Solar Cable?
Who are the key companies in the Global Market for Solar Cable?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 3.1 Billion |
| Compound Annual Growth Rate | 12.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Allied Wire & Cable, Inc.
- Atkore International
- General Cable Corporation
- Havells India Ltd.
- HUBER+SUHNER AG
- Lapp Group North America
- Lumber Connect GmbH
- Prysmian Group
- Renesola Zhejiang Ltd.
- RR Kabel Ltd.
- Taiyo Cabletec Corporation
