The global solar cables market size was valued at USD 1.01 billion in 2024. It is expected to reach USD 3.73 billion by 2034, growing at a CAGR of 13.90% in the forecast period of 2025-2034.
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.
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. 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
- Others
The industry can be divided based on its region segments as:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
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:- Top Cable, S.A
- Amphenol Industrial Products Group
- KBE Elektrotechnik GmbH
- Prysmian S.p.A
- KEI Industries Limited
- Ultracab (India) Limited
- Eldra B.V.
- Allied Wire & Cable, Inc.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Solar Cables Market Analysis
6 North America Solar Cables Market Analysis
7 Europe Solar Cables Market Analysis
8 Asia-Pacific Solar Cables Market Analysis
9 Latin America Solar Cables Market Analysis
10 Middle East and Africa Solar Cables Market Analysis
11 Market Dynamics
13 Trade Data Analysis (HS Code - 8544)
14 Price Analysis
15 Competitive Landscape
Companies Mentioned
The key companies featured in this Solar Cables market report include:- Top Cable, S.A
- Amphenol Industrial Products Group
- KBE Elektrotechnik GmbH
- Prysmian S.p.A
- KEI Industries Limited
- Ultracab (India) Limited
- Eldra B.V.
- Allied Wire & Cable, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 162 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 1.01 Billion |
Forecasted Market Value ( USD | $ 3.73 Billion |
Compound Annual Growth Rate | 13.9% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |