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Industrial Solar Cable Market Share

Report ID: GMI8623
Published Date: Mar 2024
Report Format: PDF

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Industrial Solar Cable Market Share

Prysmian group has emerged among the key players across the industrial solar cable industry on account of its extensive product range offers diverse solutions catering to various applications. Its commitment to innovation ensures high-quality, technologically advanced products meeting industry standards. Additionally, Prysmian's global presence and strong distribution network facilitate easy accessibility for customers worldwide.

Industrial Solar Cable Market Companies

Some of the major companies prevailing in the industry consist of:

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

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of industrial solar cable reached USD 2.6 billion in 2023 and is set to record a CAGR of 8.6% through 2032, due to the increasing adoption of renewable energy sources.

PW wire segment held a decent market share in 2023 and is projected to reach more than USD 2.9 billion by 2032, owing to its superior performance, durability, and reliability, making it ideal for industrial solar applications.

Asia Pacific market is poised to reach USD 3 billion by 2032, driven by a rapidly expanding industrial sector, particularly in countries like China and India, pushing the demand for extensive solar energy infrastructure.

ABB, Alpha Wire, Allied Wire & Cable, Belden Inc., Furukawa Electric Co. Ltd., Fujikura Ltd., General Cable, Helukabel, Hellenic Group, Havells, Kabelwerk Eupen AG., KEI Industries, LS Cable and System are some of the major industry contenders.