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Solar Cables Market Global Future Growth analysis and Revenue Forecast to 2023

02-21-2019 10:25 AM CET | Energy & Environment

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Solar Cables Market

Solar Cables Market

A solar cable is an interconnection cable, which is utilized in photovoltaic power generation industry for interconnecting solar panels and other electrical components. Easy installation, UV resistance, lifetime reliability, outdoor durability, flexibility, and stripability are some of the properties, which make solar cables ideal for industrial application. These cables are flame retardant and fully recyclable in accordance with environmental regulations.

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Solar photovoltaic industry is an eco-friendly industry, and is anticipated to play a significant role in resolving energy problems. Development of the solar photovoltaic industry is the primary factor that drives the growth of the solar cables market growth. Moreover, increase in use of solar cables in various applications and rise in number of solar projects in emerging economies supplement the market growth. However, fluctuating prices of raw materials, such as copper, restrict the market growth.

The key players operating in the market include

• Allied Wire & Cable, Inc.
• Amphenol Industrial Products Group
• Eldra B.V.
• General Cable Corporation
• KBE Elektrotechnik GmbH
• Lapp Group
• Lumberg Group
• Ningbo Pntech New Energy Co., Ltd.
• Phoenix Contact GmbH & Co. KG
• Taiyo Cable Tech Co., Ltd

The report segments the solar cables market on the basis of material, application, and geography. Based on material, the market is divided into copper, aluminum, and others. By application, it is bifurcated into residential and nonresidential. Nonresidential is further segmented into commercial & office, institutional, industrial, hospitality & leisure, and others (hospitals and airport terminals).Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits

• This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global solar cables market to identify the prevailing market opportunities.

• Major countries in each region are mapped according to individual market revenue.

• Comprehensive analysis of factors that drive and restrict the market growth is provided.

• An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.

• Key players and their key developments in the recent years are listed.
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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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