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DC Solar Cable Market Share

Report ID: GMI8305
Published Date: Feb 2024
Report Format: PDF

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DC Solar Cable Market Share

Prysmian Group is a leading force in the DC solar cable sector, driven by its dedication to innovation, top-notch product quality, and an all-encompassing array of offerings designed to meet varied industrial requirements. Boasting a worldwide presence and robust research and development capabilities, Prysmian consistently brings forth cutting-edge solutions that align with the ever-changing standards of the industry.

DC Solar Cable Market Companies

The major companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry. The key industry market players include:

ABB
Allied Wire & Cable
Alpha Wire
Belden Inc.
Fujikura Ltd.
Furukawa Electric Co. Ltd.
General Cable
Havells
Hellenic Group
Helukabel
Kabelwerk Eupen AG.
KEI Industries
Lapp Group
Leoni Cables
LS Cable and System
Nexans SA
Northwire Inc.
Polycab
Prysmian Group
RR Kabel
Southwire Company LLC
TE Connectivity Ltd.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of DC solar cable was reached USD 2.7 billion in 2023 and is expected to register 8.6% CAGR through, 2032 owing to increasing adoption of solar energy and growing emphasis on sustainable and clean energy sources worldwide.

DC solar cable market from the copper segment recorded over 90% share in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to its superior conductivity, low resistivity, and excellent corrosion resistance.

Asia Pacific DC solar cable industry crossed USD 3 billion in 2023 and is expected to register a commendable CAGR from 2024-2032 due to burgeoning demand for renewable energy and rapid infrastructure development in the region.

ABB, Allied Wire & Cable, Alpha Wire, Belden Inc., Fujikura Ltd., Furukawa Electric Co. Ltd., General Cable, Havells, Hellenic Group, Helukabel, Kabelwerk Eupen AG., and KEI Industries, are some of the major DC solar cable companies worldwide.