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North America Solar Cables Market Size, Share & Industry Trends Analysis Report By Type (Stranded, and Solid), By End-Use (Commercial, Residential, and Industrial), By Material Type (Copper, Aluminum, Others), By Country and Growth Forecast, 2023 - 2030

Published Date : 2-Jan-2024

Pages: 126

Formats: PDF

The North America Solar Cables Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 26.2 million Units (Per 10 Feet), showcasing a growth of 11.1% (2019-2022).

The advancement of insulation materials has resulted in the creation of polymers and compounds of superior quality. These advancements improve the durability and longevity of solar cables in harsh outdoor conditions. Researchers are exploring materials with low electrical resistance and high conductivity to minimize energy losses during electricity transmission through solar cables. Using advanced conductive materials helps optimize energy transmission efficiency within solar systems.

Solar cables are now used in various industries due to technological innovations. The automotive industry is using solar cables in the EV section. Solar cables in the automotive sector play a significant role in supporting the integration of solar technology for various applications. While solar cables might not directly power vehicles, they are crucial components in integrating solar panels and solar-powered systems within cars. Solar cables connect solar panels integrated into vehicles to power auxiliary systems or accessories. These solar-powered systems can include ventilation systems, air conditioning, interior lighting, or charging ports for electronic devices.

Furthermore, according to the White House, by 2030, net GHG emission reductions of 50–52% below 2005 levels are an ambitious but attainable objective set by the United States. Establishing 100% clean electricity by 2035 is a critical prerequisite for achieving net-zero emissions by 2050, an objective the United States has established. Moreover, as per the US Department of Energy, funding for research and development throughout the solar energy spectrum is allocated through the Solar Energy Technologies Office (SETO). This organization aims to promote innovation, reduce expenses, and facilitate the shift towards a decarbonized power sector by 2035 and an economy decarbonized by 2050. Therefore, government policies aimed at achieving net-zero carbon emissions and increasing the expenditure on renewable energy in the region are driving the demand in the market.

The US market dominated the North America Solar Cables Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $336.7 Million by 2030. The Canada market is exhibiting a CAGR of 13.9% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 12.9% during (2023 - 2030).

Based on Type, the market is segmented into Stranded, and Solid. Based on End-Use, the market is segmented into Commercial, Residential, and Industrial. Based on Material Type, the market is segmented into Copper, Aluminum, Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Solar Cables Market is Predict to reach $2.1 Billion by 2030, at a CAGR of 11.7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Leoni AG, Nexans S.A., Prysmian Group, Belden, Inc., KEI Industries Limited, Havells India Ltd., Amphenol Corporation (Amphenol Industrial Products Group), Jainflex Cables Pvt. Ltd., HELUKABEL GmbH, and Top Cable S.A.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Million Units (Per 10 Feet), USD Billion, 2019-2030)

  • Stranded
  • Solid

By End-Use(Volume, Million Units (Per 10 Feet), USD Billion, 2019-2030)

  • Commercial
  • Residential
  • Industrial

By Material Type (Volume, Million Units (Per 10 Feet), USD Billion, 2019-2030)

  • Copper
  • Aluminum
  • Others

By Country (Volume, Million Units (Per 10 Feet), USD Billion, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Leoni AG
  • Nexans S.A.
  • Prysmian Group
  • Belden, Inc.
  • KEI Industries Limited
  • Havells India Ltd.
  • Amphenol Corporation (Amphenol Industrial Products Group)
  • Jainflex Cables Pvt. Ltd.
  • HELUKABEL GmbH
  • Top Cable S.A
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Solar Cables Market, by Type
1.4.2 North America Solar Cables Market, by End-Use
1.4.3 North America Solar Cables Market, by Material Type
1.4.4 North America Solar Cables Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis

Chapter 4. Strategies Deployed in Solar Cables Market

Chapter 5. North America Solar Cables Market by Type
5.1 North America Stranded Market by Country
5.2 North America Solid Market by Country

Chapter 6. North America Solar Cables Market by End-Use
6.1 North America Commercial Market by Country
6.2 North America Residential Market by Country
6.3 North America Industrial Market by Country

Chapter 7. North America Solar Cables Market by Material Type
7.1 North America Copper Market by Country
7.2 North America Aluminum Market by Country
7.3 North America Others Market by Country

Chapter 8. North America Solar Cables Market by Country
8.1 US Solar Cables Market
8.1.1 US Solar Cables Market by Type
8.1.2 US Solar Cables Market by End-Use
8.1.3 US Solar Cables Market by Material Type
8.2 Canada Solar Cables Market
8.2.1 Canada Solar Cables Market by Type
8.2.2 Canada Solar Cables Market by End-Use
8.2.3 Canada Solar Cables Market by Material Type
8.3 Mexico Solar Cables Market
8.3.1 Mexico Solar Cables Market by Type
8.3.2 Mexico Solar Cables Market by End-Use
8.3.3 Mexico Solar Cables Market by Material Type
8.4 Rest of North America Solar Cables Market
8.4.1 Rest of North America Solar Cables Market by Type
8.4.2 Rest of North America Solar Cables Market by End-Use
8.4.3 Rest of North America Solar Cables Market by Material Type

Chapter 9. Company Profiles
9.1 Leoni AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 Nexans S.A.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.5.3 Expansions:
9.2.6 SWOT Analysis
9.3 Prysmian Group
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Belden, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 KEI Industries Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 SWOT Analysis
9.6 Havells India Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 SWOT Analysis
9.7 Amphenol Corporation (Amphenol Industrial Products Group)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Jainflex Cables Pvt. Ltd.
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 HELUKABEL GmbH
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.9.3 SWOT Analysis
9.10. Top Cable S.A
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 North America Solar Cables Market, 2019 - 2022, USD Million
TABLE 2 North America Solar Cables Market, 2023 - 2030, USD Million
TABLE 3 North America Solar Cables Market, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 4 North America Solar Cables Market, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 5 North America Solar Cables Market by Type, 2019 - 2022, USD Million
TABLE 6 North America Solar Cables Market by Type, 2023 - 2030, USD Million
TABLE 7 North America Solar Cables Market by Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 8 North America Solar Cables Market by Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 9 North America Stranded Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Stranded Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Stranded Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 12 North America Stranded Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 13 North America Solid Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Solid Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Solid Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 16 North America Solid Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 17 North America Solar Cables Market by End-Use, 2019 - 2022, USD Million
TABLE 18 North America Solar Cables Market by End-Use, 2023 - 2030, USD Million
TABLE 19 North America Solar Cables Market by End-Use, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 20 North America Solar Cables Market by End-Use, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 21 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Commercial Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Commercial Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 24 North America Commercial Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 25 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Residential Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 28 North America Residential Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 29 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Industrial Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 32 North America Industrial Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 33 North America Solar Cables Market by Material Type, 2019 - 2022, USD Million
TABLE 34 North America Solar Cables Market by Material Type, 2023 - 2030, USD Million
TABLE 35 North America Solar Cables Market by Material Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 36 North America Solar Cables Market by Material Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 37 North America Copper Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Copper Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Copper Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 40 North America Copper Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 41 North America Aluminum Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Aluminum Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Aluminum Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 44 North America Aluminum Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 48 North America Others Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 49 North America Solar Cables Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Solar Cables Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Solar Cables Market by Country, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 52 North America Solar Cables Market by Country, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 53 US Solar Cables Market, 2019 - 2022, USD Million
TABLE 54 US Solar Cables Market, 2023 - 2030, USD Million
TABLE 55 US Solar Cables Market, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 56 US Solar Cables Market, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 57 US Solar Cables Market by Type, 2019 - 2022, USD Million
TABLE 58 US Solar Cables Market by Type, 2023 - 2030, USD Million
TABLE 59 US Solar Cables Market by Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 60 US Solar Cables Market by Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 61 US Solar Cables Market by End-Use, 2019 - 2022, USD Million
TABLE 62 US Solar Cables Market by End-Use, 2023 - 2030, USD Million
TABLE 63 US Solar Cables Market by End-Use, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 64 US Solar Cables Market by End-Use, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 65 US Solar Cables Market by Material Type, 2019 - 2022, USD Million
TABLE 66 US Solar Cables Market by Material Type, 2023 - 2030, USD Million
TABLE 67 US Solar Cables Market by Material Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 68 US Solar Cables Market by Material Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 69 Canada Solar Cables Market, 2019 - 2022, USD Million
TABLE 70 Canada Solar Cables Market, 2023 - 2030, USD Million
TABLE 71 Canada Solar Cables Market, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 72 Canada Solar Cables Market, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 73 Canada Solar Cables Market by Type, 2019 - 2022, USD Million
TABLE 74 Canada Solar Cables Market by Type, 2023 - 2030, USD Million
TABLE 75 Canada Solar Cables Market by Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 76 Canada Solar Cables Market by Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 77 Canada Solar Cables Market by End-Use, 2019 - 2022, USD Million
TABLE 78 Canada Solar Cables Market by End-Use, 2023 - 2030, USD Million
TABLE 79 Canada Solar Cables Market by End-Use, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 80 Canada Solar Cables Market by End-Use, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 81 Canada Solar Cables Market by Material Type, 2019 - 2022, USD Million
TABLE 82 Canada Solar Cables Market by Material Type, 2023 - 2030, USD Million
TABLE 83 Canada Solar Cables Market by Material Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 84 Canada Solar Cables Market by Material Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 85 Mexico Solar Cables Market, 2019 - 2022, USD Million
TABLE 86 Mexico Solar Cables Market, 2023 - 2030, USD Million
TABLE 87 Mexico Solar Cables Market, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 88 Mexico Solar Cables Market, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 89 Mexico Solar Cables Market by Type, 2019 - 2022, USD Million
TABLE 90 Mexico Solar Cables Market by Type, 2023 - 2030, USD Million
TABLE 91 Mexico Solar Cables Market by Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 92 Mexico Solar Cables Market by Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 93 Mexico Solar Cables Market by End-Use, 2019 - 2022, USD Million
TABLE 94 Mexico Solar Cables Market by End-Use, 2023 - 2030, USD Million
TABLE 95 Mexico Solar Cables Market by End-Use, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 96 Mexico Solar Cables Market by End-Use, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 97 Mexico Solar Cables Market by Material Type, 2019 - 2022, USD Million
TABLE 98 Mexico Solar Cables Market by Material Type, 2023 - 2030, USD Million
TABLE 99 Mexico Solar Cables Market by Material Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 100 Mexico Solar Cables Market by Material Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 101 Rest of North America Solar Cables Market, 2019 - 2022, USD Million
TABLE 102 Rest of North America Solar Cables Market, 2023 - 2030, USD Million
TABLE 103 Rest of North America Solar Cables Market, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 104 Rest of North America Solar Cables Market, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 105 Rest of North America Solar Cables Market by Type, 2019 - 2022, USD Million
TABLE 106 Rest of North America Solar Cables Market by Type, 2023 - 2030, USD Million
TABLE 107 Rest of North America Solar Cables Market by Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 108 Rest of North America Solar Cables Market by Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 109 Rest of North America Solar Cables Market by End-Use, 2019 - 2022, USD Million
TABLE 110 Rest of North America Solar Cables Market by End-Use, 2023 - 2030, USD Million
TABLE 111 Rest of North America Solar Cables Market by End-Use, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 112 Rest of North America Solar Cables Market by End-Use, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 113 Rest of North America Solar Cables Market by Material Type, 2019 - 2022, USD Million
TABLE 114 Rest of North America Solar Cables Market by Material Type, 2023 - 2030, USD Million
TABLE 115 Rest of North America Solar Cables Market by Material Type, 2019 - 2022, Million Units (Per 10 Feet)
TABLE 116 Rest of North America Solar Cables Market by Material Type, 2023 - 2030, Million Units (Per 10 Feet)
TABLE 117 Key Information – Leoni AG
TABLE 118 Key Information – Nexans S.A.
TABLE 119 Key Information – Prysmian Group
TABLE 120 key information – Belden, Inc.
TABLE 121 key Information – KEI Industries Limited
TABLE 122 Key Information – Havells India Ltd.
TABLE 123 key information – Amphenol Corporation
TABLE 124 Key Information – Jainflex Cables Pvt. Ltd.
TABLE 125 Key Information – HELUKABEL GmbH
TABLE 126 Key Information – Top Cable S.A

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Solar Cables Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Solar Cables Market
FIG 4 Porter’s Five Force Analysis: Solar Cables Market
FIG 5 North America Solar Cables Market share by Type, 2022
FIG 6 North America Solar Cables Market share by Type, 2030
FIG 7 North America Solar Cables Market by Type, 2019 - 2030, USD Million
FIG 8 North America Solar Cables Market share by End-Use, 2022
FIG 9 North America Solar Cables Market share by End-Use, 2030
FIG 10 North America Solar Cables Market by End-Use, 2019 - 2030, USD Million
FIG 11 North America Solar Cables Market share by Material Type, 2022
FIG 12 North America Solar Cables Market share by Material Type, 2030
FIG 13 North America Solar Cables Market by Material Type, 2019 - 2030, USD Million
FIG 14 North America Solar Cables Market share by Country, 2022
FIG 15 North America Solar Cables Market share by Country, 2030
FIG 16 North America Solar Cables Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Leoni AG
FIG 18 Recent strategies and developments: Nexans S.A.
FIG 19 SWOT Analysis: Nexans S.A.
FIG 20 SWOT Analysis: Prysmian Group
FIG 21 SWOT Analysis: Belden, Inc.
FIG 22 SWOT Analysis: KEI Industries Limited
FIG 23 SWOT Analysis: Havells India Ltd.
FIG 24 SWOT Analysis: Amphenol Corporation
FIG 25 SWOT Analysis: Jainflex Cables Pvt. Ltd.
FIG 26 SWOT Analysis: HELUKABEL GmbH
FIG 27 SWOT Analysis: TOP CABLE S.A

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