Solar Cable Global Market Report 2026

Solar cable refers to a specialized type of electrical cable that comprises multiple insulated wires bundled together within an outer jacket. These cables are specifically designed to endure intense UV exposure, elevated temperatures, and various environmental conditions. Typically, solar cables are utilized externally or embedded within solar panels.

The main types of solar cables include solid and stranded varieties. Solid solar wire consists of a single conductor, providing a compact design while delivering the same current capacity as stranded wire. The materials used for solar cables encompass copper, aluminum, and others, catering to diverse applications such as solar panel wiring, underground service entrances, and service and terminal connections. Various end-users, including residential, commercial, and industrial sectors, utilize solar cables for their solar energy systems.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on copper, aluminum, and insulated wire imports have raised production and sourcing costs for solar cable manufacturers, affecting availability and pricing across key markets such as Asia Pacific, North America, and Europe. These tariffs particularly impact high capacity stranded cables and utility scale installations that rely heavily on premium materials. Despite cost pressures, tariffs are stimulating domestic manufacturing, encouraging local material sourcing, and driving innovation in alternative lightweight and cost optimized cable technologies that partially offset tariff related challenges.

The solar cable market research report is one of a series of new reports from The Business Research Company that provides solar cable market statistics, including solar cable industry global market size, regional shares, competitors with solar cable market share, detailed solar cable market segments, market trends, and opportunities, and any further data you may need to thrive in the solar cable industry. This solar cable market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The solar cable market size has grown rapidly in recent years. It will grow from $1.12 billion in 2025 to $1.25 billion in 2026 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to early adoption of solar pv systems, rising need for durable outdoor wiring, increasing installation of rooftop solar systems, growth in off grid solar applications, advancements in cable insulation materials.

The solar cable market size is expected to see rapid growth in the next few years. It will grow to $1.91 billion in 2030 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to expansion of utility scale solar farms, rising demand for high efficiency cable solutions, increasing adoption of aluminum based solar wiring, growth in smart solar infrastructure, development of advanced fire resistant cable jackets. Major trends in the forecast period include increasing use of uv and heat resistant cable designs, growing demand for high voltage dc solar cables, expansion of stranded cable adoption for large installations, rising preference for lightweight aluminum solar cable solutions, shift toward enhanced weatherproof and durable cable jackets.

The rapid expansion of solar power installations is expected to drive the growth of the solar cable market. Solar power installations involve the setup and deployment of photovoltaic (PV) systems that convert sunlight into electricity. These installations rely on solar cables to efficiently and safely transmit the generated electricity from the solar panels to the inverter and other system components. For example, in October 2024, GreenMatch, a Denmark-based renewable energy service provider, projected that global solar installations could reach 4.7 terawatts by 2050, signaling continued growth in solar energy. As a result, the rapid increase in solar power installations is fueling the demand for solar cables.

Leading companies in the solar cable market are responding to this challenge by introducing innovative products, such as PV cable solutions, to enhance the durability of cables and expand their global market presence. PV cable solutions are used in photovoltaic (PV) systems to connect various components such as solar panels, inverters, and combiner boxes. For instance, in March 2023, Prysmian Group, an Italy-based manufacturing company, launched the Prysmian PRYSOLAR, a cable solution recognized for its durability and compliance with global standards EN 50618 and IEC 62930. The Prysmian PRYSOLAR can withstand wet environments, handle voltages up to 1800 V DC, and undergoes industry-first test protocols to ensure longevity, even in extreme weather conditions, with a guaranteed lifespan of over 30 years.

In April 2023, Nexans, a France-based cable and optical fiber company, completed the acquisition of Reka Cables for an undisclosed sum. With this move, Nexans seeks to strengthen its growth by broadening its Nordic footprint and integrating Reka Cables' knowledge in high, medium, and low-voltage cable manufacturing with its global electrification offerings to deliver more intelligent, efficient, and sustainable energy distribution networks. Reka Cables is a Finland-based company that supplies electrical cables for power distribution, building, and renewable energy sectors.

Major companies operating in the solar cable market are Prysmian Group, Nexans S.A., JinkoSolar Holding Co., Ltd., KEI Industries Limited, Phoenix Contact GmbH & Co. KG, Leoni AG, General Cable Technologies Corporation, Atkore International Group Inc., Encore Wire Corporation, Belden Inc., Southwire Company LLC, Havells India Limited, APAR Industries Ltd., Lapp Group, HUBER+SUHNER AG, SolarWorld AG, ReneSola Ltd., HELU KABEL GmbH, Ram Ratna Group, Lumberg Connect GmbH, TAI Sin Electric Limited, Polycab India Limited, Alpha Wire Company, Allied Wire & Cable Inc., Top Cable S.A., Amphenol Industrial Products Group, TPC Wire & Cable Corp., Eldra B.V., KBE Elektrotechnik GmbH, Relemac Technologies Private Limited, Ningbo Pntech New Energy Co., Ltd.

Asia-Pacific was the largest region in the solar cable market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar cable market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solar cable market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar cable market consists of sales of DC solar cables, solar DC main cables, and solar AC connection cables. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Solar Cable Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses solar cable market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for solar cable ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The solar cable market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Solid; Stranded
• 2) By Material Type: Copper; Aluminum; Other Material Types
• 3) By Application: Solar Panels Wiring; Underground Service Entrances; Service Terminal Connections
• 4) By End-Users: Residential; Commercial; Industrial
• Subsegments:
• 1) By Solid: Single-Core Solid Solar Cables; Multi-Core Solid Solar Cables
• 2) By Stranded: Single-Core Stranded Solar Cables; Multi-Core Stranded Solar Cables
• Companies Mentioned: Prysmian Group; Nexans S.A.; JinkoSolar Holding Co., Ltd.; KEI Industries Limited; Phoenix Contact GmbH & Co. KG; Leoni AG; General Cable Technologies Corporation; Atkore International Group Inc.; Encore Wire Corporation; Belden Inc.; Southwire Company LLC; Havells India Limited; APAR Industries Ltd.; Lapp Group; HUBER+SUHNER AG; SolarWorld AG; ReneSola Ltd.; HELU KABEL GmbH; Ram Ratna Group; Lumberg Connect GmbH; Tai Sin Electric Limited; Polycab India Limited; Alpha Wire Company; Allied Wire & Cable Inc.; Top Cable S.A.; Amphenol Industrial Products Group; TPC Wire & Cable Corp.; Eldra B.V.; KBE Elektrotechnik GmbH; Relemac Technologies Private Limited; Ningbo Pntech New Energy Co., Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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