Global Photovoltaic (PV) System Cables Market Growth 2025-2031

The global Photovoltaic (PV) System Cables market size is predicted to grow from US$ 6389 million in 2025 to US$ 9179 million in 2031; it is expected to grow at a CAGR of 6.2% from 2025 to 2031.

Photovoltaic (PV) system cables are single-conductor electrical wire and cable assemblies that connect various components in a photovoltaic system. They are also known photovoltaic conductors and are often used with Solar Panels, Solar Junction Boxes, and Photovoltaic (PV) / Solar Combiners.

China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.75 GW.

LP Information, Inc. (LPI) ' newest research report, the “Photovoltaic (PV) System Cables Industry Forecast” looks at past sales and reviews total world Photovoltaic (PV) System Cables sales in 2024, providing a comprehensive analysis by region and market sector of projected Photovoltaic (PV) System Cables sales for 2025 through 2031. With Photovoltaic (PV) System Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photovoltaic (PV) System Cables industry.

This Insight Report provides a comprehensive analysis of the global Photovoltaic (PV) System Cables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photovoltaic (PV) System Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Photovoltaic (PV) System Cables market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photovoltaic (PV) System Cables and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photovoltaic (PV) System Cables.

This report presents a comprehensive overview, market shares, and growth opportunities of Photovoltaic (PV) System Cables market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DC Cables
AC Cables

Segmentation by Application:
Power Transmission
PV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Alpha Wire
Belden Inc.
PCB Piezotronics, Inc.
Staubli Electrical Connectors
Cicoil Corporation
General Cable
Philatron Wire & Cable
SAB North America
SolarBOS
Staubli Corporation
Acome
Amphenol Industrial
ConCab kabel Gmbh
Dynamic Cables Limited
Jiangsu Yuanyang Cable Co.,Ltd
Klasing Kabel GmbH
Lapp Ltd.
MUCKENHAUPT & NUSSELT GmbH & Co KG - Kabelwerk
Norddeutsche Seekabelwerke
Pan-International Wire & Cable (Malaysia) Sdn. Bhd.
Tratos Ltd
Vogtländisches Kabelwerk GmbH
Webro Cable and Connectors, Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Photovoltaic (PV) System Cables market?

What factors are driving Photovoltaic (PV) System Cables market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Photovoltaic (PV) System Cables market opportunities vary by end market size?

How does Photovoltaic (PV) System Cables break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.