Solar Cable Systems: Worldwide Market Insights (2019-2023) by Application & Geography

Dublin, July 29, 2019 (GLOBE NEWSWIRE) -- The "Solar Cable Systems Market by Application and Geography - Global Forecast 2019-2023" report has been added to ResearchAndMarkets.com's offering.

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.

Market Dynamics

The report 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.

Segment Coverage

The solar cable systems market analysis considers sales from both utility and non-utility. This 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.

Competitive Landscape

With the presence of several major players, the global solar cable systems market is fragmented. This 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 S.A.
• Prysmian S.p.A.
  

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.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Comparison by application
• Utility - Market size and forecast 2018-2023
• Non-utility - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• APAC - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

• Development and technological innovations in solar cable systems
• Surging renewable energy market
• Declining price of components

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Amphenol Corp.
• Havells India Ltd.
• Lapp Holding AG
• Nexans S.A.
• Prysmian S.p.A.
  

For more information about this report visit https://www.researchandmarkets.com/r/y20bdq

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Related Topics: Solar Power