Solar Cable Systems Market by Application and Geography - Global Forecast 2019-2023

Solar Cable Systems Market by Application and Geography - Global Forecast 2019-2023

Global Solar Cable Systems Market: About this market

A solar cable is an interconnection cable, which connects solar panels and other electrical components in photovoltaic power generation. These cables are weather- and ultraviolet (UV)-resistant, chemical- and oil-resistant and can endure extreme weather conditions. Technavio’s solar cable systems market analysis considers sales from both utility and non-utility. Our analysis also considers the sales of solar cable systems in the Americas, APAC, and EMEA. In 2018, the utility segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing demand for electricity due to population growth will play a significant role in the utility segment to maintain its market position. Also, our global solar cable systems market report also looks at factors such as increasing demand for electricity, supportive government policies and regulations pertaining to solar installations, and increased adoption of microgrids. However, intermittent nature of solar power, competition from other alternative sources of energy, high initial cost of solar PV installations may hamper the growth of the solar cable systems over the forecast period.

Global Solar Cable Systems Market: Overview

Increasing adoption of microgrids

The adoption of microgrids is increasing significantly with the aim to facilitate local power generating systems and improve access to energy. Microgrids can provide a reliable and secure supply of electricity to remote rural areas owing to its ability to operate independently from the main power grid. The increasing demand for microgrids will stimulate the demand for solar cable systems, including solar cables. This demand will lead to the expansion of the global solar cable systems market at a CAGR of almost 13% during the forecast period.

Development of technological innovations in solar cable systems

In recent years, there has been a significant increase in investments in R&D activities for technological advances and innovations related to the efficiency of equipment, reduction in power generation cost, and the optimization of the installation process. Solar cable systems have also witnessed technological developments, which have led to improvements in the reliability and efficiency of these systems. Development and technological innovations in solar cable systems are identified as one of the key solar cable systems market trends that will fuel market growth.

For the detailed list of factors that will drive the global solar cable systems market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global solar cable systems market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar cable system manufacturers, that include Amphenol Corp., Havells India Ltd., Lapp Holding AG, Nexans SA, and Prysmian Spa.

Also, the solar cable systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


Companies Mentioned

Amphenol Corp., Havells India Ltd., Lapp Holding AG, Nexans SA, and Prysmian Spa.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global renewable energy market
      • Table Segments of global renewable energy market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Utility - Market size and forecast 2018-2023
      • Table Utility - Market size and forecast 2018-2023 ($ millions)
      • Table Utility - Year-over-year growth 2019-2023 (%)
    • Non-utility - Market size and forecast 2018-2023
      • Table Non-utility - Market size and forecast 2018-2023 ($ millions)
      • Table Non-utility - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development and technological innovations in solar cable systems
    • Surging renewable energy market
    • Declining price of components
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Amphenol Corp.
      • Table Amphenol Corp. - Vendor overview
      • Table Amphenol Corp. - Business segments
      • Table Amphenol Corp. - Organizational developments
      • Table Amphenol Corp. - Geographic focus
      • Table Amphenol Corp. - Segment focus
      • Table Amphenol Corp. - Key offerings
    • Havells India Ltd.
      • Table Havells India Ltd. - Vendor overview
      • Table Havells India Ltd. - Business segments
      • Table Havells India Ltd. - Organizational developments
      • Table Havells India Ltd. - Segment focus
      • Table Havells India Ltd. - Key offerings
    • Lapp Holding AG
      • Table Lapp Holding AG - Vendor overview
      • Table Lapp Holding AG - Organizational developments
      • Table Lapp Holding AG - Key offerings
    • Nexans SA
      • Table Nexans SA - Vendor overview
      • Table Nexans SA - Business segments
      • Table Nexans SA - Organizational developments
      • Table Nexans SA - Geographic focus
      • Table Nexans SA - Segment focus
      • Table Nexans SA - Key offerings
    • Prysmian Spa
      • Table Prysmian Spa - Vendor overview
      • Table Prysmian Spa - Business segments
      • Table Prysmian Spa - Organizational developments
      • Table Prysmian Spa - Geographic focus
      • Table Prysmian Spa - Segment focus
      • Table Prysmian Spa - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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