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Solar Cable Market Share

Report ID: GMI8142
Published Date: Feb 2024
Report Format: PDF

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Solar Cable Market Share

Prysmian Group holds a significant position within the solar cable industry, acknowledged for its widespread utility across diverse industries. Leveraging a strong legacy entrenched in the solar energy sectors, the company has successfully provided solar cable solutions catering to a broad range of applications in commercial, industrial, and utility domains.

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

Solar Cable Market Companies

Some of the prominent players operating across the solar cable industry are:

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 AG
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 valuation of solar cable was reached USD 2.15 billion in 2023 and is estimated to grow at a CAGR of over 9% through 2032, driven by the increasing adoption of solar energy worldwide.

The PW wire segment held the market share of more than 34.1% in 2023 due to its versatility and compatibility with a wide range of applications.

Asia Pacific solar cable market is anticipated to reach more than USD 2.62 billion by 2032, favored by government initiatives and a growing awareness of environmental sustainability.

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 AG and LS Cable and System among others