市场调查报告书
商品编码
1462724
2030 年太阳能电缆市场预测:按材料类型、电压类型、电缆类型、应用、最终用户和地区进行的全球分析Solar Cable Market Forecasts to 2030 - Global Analysis By Material Type (Aluminum, Copper and Other Material Types), Voltage Type (High Voltage Cable, Medium Voltage Cable and Low Voltage Cable), Cable Type, Application, End User and By Geography |
根据Stratistics MRC的数据,2023年全球太阳能电缆市场规模为21.5亿美元,预计2030年将达到44.6亿美元,预测期内复合年增长率为11%。
太阳能电缆是专为光伏 (PV) 系统设计的专用电缆,用于连接光伏装置内的太阳能电池板、逆变器和其他组件。太阳能电缆通常采用耐紫外线和耐风化的材料进行绝缘,可安全高效地将太阳能电池板产生的直流电传输到逆变器和充电控制设备,将太阳能传输到电网并有利于整合到离网系统中。
根据印度工业和内贸促进部统计,自2014年以来,印度可再生能源领域投资已超过420亿美元,2018年清洁能源新增投资达111亿美元。
增加太阳能发电设备
太阳能作为可再生能源的日益普及是太阳能电缆市场的主要驱动因素。人们对环境问题的认识不断提高以及减少碳排放的需求正在推动对太阳能的需求。太阳能被认为是石化燃料的清洁且永续的替代品,对于寻求减少碳排放的个人、企业和政府来说是一个有吸引力的选择。因此,太阳能电池板的安装不断增加,导致对太阳能电缆的需求增加。
初期投资成本高
安装太阳能设备需要大量的初始投资来购买太阳能板、逆变器、支架和太阳能电缆等相关组件。然而,这些成本对于财政资源有限或预算紧张的住宅、商业和工业营业单位来说可能特别沉重。因此,高昂的初始投资成本是限制市场扩张的因素。
太阳能技术的进步
随着太阳能发电系统的发展和改进,对高品质和高效能太阳能电缆的需求不断增加。高效率电池板可以将更多的阳光转化为电能,从而产生更高的输出。此外,锂离子电池等能源储存技术的进步已成为太阳能发电系统不可或缺的一部分。能源储存可以储存白天产生的多余太阳能,并在白天时间短或需求高时使用。因此,太阳能发电技术的进步已成为拉动市场需求的关键因素。
与替代能源的竞争
太阳能电缆市场正面临来自替代能源的竞争,对其成长和市场占有率构成威胁。风力发电机利用风力发电,世界许多地区都建立了风电场。此外,另一种与太阳能竞争的替代能源能源是水力发电。水力发电厂利用流动和落下的水的能量来发电。在水资源丰富的地区,发电工程可能会比太阳能装置获得优惠,导致对太阳能电缆的需求减少。
COVID-19 的影响
COVID-19 大流行对太阳能电缆市场产生了多方面的影响。最初,由于封锁措施和供应链中断导致计划进度和安装延误,对太阳能电缆的需求暂时放缓。此外,疫情造成的景气衰退为太阳能计划带来了预算限制和资金筹措挑战,特别是在商业和工业等受危机打击严重的行业。这降低了投资兴趣,导致计划取消和推迟,并影响了大流行期间的太阳能电缆需求。
预计搁浅部分将是预测期内最大的部分
据估计,绞线部分占最大份额。绞线具有弹性和耐用性,适合电缆可能承受弯曲或扭曲等机械应力的户外安装。此外,绞合线提供了更大的表面积,使其能够更有效地导电,最大限度地减少功率损耗并最大限度地提高整个光伏系统的效率。
太阳能板布线产业预计在预测期内复合年增长率最高
预计太阳能电池板布线领域在预测期内将出现良好的成长。这些电缆设计具有优异的绝缘性能,确保安全且有效率地传输电能,同时防止潮湿、紫外线和温度波动等潜在危险。总体而言,太阳能板布线在太阳能发电系统的可靠性、效率和安全性方面发挥着至关重要的作用,使其成为更广泛的太阳能电缆市场的重要组成部分。
在估计期间,亚太地区占据最大的市场占有率。快速的工业化、都市化以及可再生能源基础设施投资的增加正在推动中国、印度、日本和澳洲等国家对太阳能电缆的需求。中国是最大的太阳能组件消费国和製造商之一,对该地区的市场成长做出了重大贡献。此外,政府对清洁能源采用的支持政策和措施进一步推动了该国对太阳能电缆的需求。
预计北美在预测期内将实现盈利成长。旨在促进可再生能源采用的有利政府政策和激励措施(例如税额扣抵和回扣)正在刺激住宅、商业和公共规模太阳能发电工程对太阳能电缆的需求。此外,太阳能电缆设计和製造方面的技术进步和创新提高了效率、可靠性和安全标准。这增加了人们对太阳能係统的信心,进一步推动市场需求。
According to Stratistics MRC, the Global Solar Cable Market is accounted for $2.15 billion in 2023 and is expected to reach $4.46 billion by 2030 growing at a CAGR of 11% during the forecast period. Solar cables are specialized electrical cables designed for use in photovoltaic (PV) systems to connect solar panels, inverters, and other components within solar power installations. Typically insulated with materials resistant to UV radiation and weathering, solar cables ensure safe and efficient transmission of direct current (DC) electricity generated by solar panels to inverters or charge controllers, facilitating the integration of solar energy into electrical grids or off-grid systems.
According to Department for Promotion of Industry and Internal Trade (DPIIT), more than USD 42 billion has been invested in India's renewable energy sector since 2014 and new investment in clean energy in the country reached USD 11.1 billion in the year 2018.
Rising solar installations
The growing adoption of solar energy as a renewable power source is a major driver for the solar cable market. The growing awareness of environmental issues and the need to reduce carbon emissions have propelled the demand for solar energy. Solar power is considered a clean and sustainable alternative to fossil fuels, making it an attractive option for individuals, businesses, and governments aiming to reduce their carbon footprint. As a result, the installation of solar panels has been on the rise, leading to an increased demand for solar cables.
High initial investment costs
Establishing a solar energy installation requires substantial upfront capital expenditure for purchasing solar panels, inverters, mounting structures, and associated components like solar cables. However, these costs can be particularly prohibitive for residential, commercial, and industrial entities with limited financial resources or stringent budget constraints. Therefore, high initial investment costs are an element limiting market expansion.
Advancements in solar technology
As solar power systems evolve and improve the demand for high-quality and efficient solar cables increases. Higher-efficiency panels can convert a greater amount of sunlight into electricity, resulting in increased power output. Furthermore, advancements in energy storage technology, such as lithium-ion batteries, have become an integral part of solar power systems. Energy storage enables the storage of excess solar energy generated during the day for use during periods of low sunlight or high demand. Therefore, advancement in solar technology is a significant factor propelling market demand.
Competition from alternative energy sources
The solar cable market faces competition from alternative energy sources, which poses a threat to its growth and market share. Wind turbines generate electricity by harnessing the power of wind, and wind farms have been established in many regions worldwide. Additionally, another alternative energy source competing with solar energy is hydropower. Hydropower plants generate electricity by utilizing the energy from flowing or falling water. In regions with abundant water resources, hydropower projects may be favored over solar installations, leading to reduced demand for solar cables.
Covid-19 Impact
The COVID-19 pandemic had a multifaceted impact on the solar cable market. Initially, lockdown measures and disruptions in supply chains led to delays in project timelines and installations, causing a temporary slowdown in demand for solar cables. Moreover, the economic downturn resulting from the pandemic prompted budget constraints and financing challenges for solar projects, particularly in sectors heavily affected by the crisis, such as commercial and industrial segments. This reduced investment appetite and caused project cancellations or postponements, affecting the demand for solar cables during the pandemic.
The stranded segment is expected to be the largest during the forecast period
The stranded segment is estimated to hold the largest share. The stranding of the wires allows for flexibility and durability, making it suitable for outdoor installations where the cable may be subjected to bending, twisting, or other forms of mechanical stress. Additionally, the increased surface area provided by the stranding allows for efficient conduction of electricity, minimizing power losses and maximizing the overall efficiency of the PV system.
The solar panel wiring segment is expected to have the highest CAGR during the forecast period
The solar panel wiring segment is anticipated to have lucrative growth during the forecast period. These cables are engineered to have excellent insulation properties, ensuring the safe and efficient transmission of electrical energy while protecting against potential hazards such as moisture, UV radiation, and temperature fluctuations. Overall, solar panel wiring plays a critical role in the reliability, efficiency, and safety of solar power systems, making it an essential component within the broader solar cable market.
Asia Pacific commanded the largest market share during the extrapolated period. Rapid industrialization, urbanization, and increasing investments in renewable energy infrastructure are fueling the demand for solar cables in countries like China, India, Japan, and Australia. China, being one of the largest consumers and manufacturers of solar energy components, contributes substantially to market growth in the region. Moreover, the government's supportive policies and initiatives towards clean energy adoption further propel the demand for solar cables in the country.
North America is expected to witness profitable growth over the projection period. Favorable government policies and incentives aimed at promoting renewable energy adoption, such as tax credits and rebates, have stimulated the demand for solar cables in residential, commercial, and utility-scale solar projects. Additionally, technological advancements and innovations in solar cable design and manufacturing have improved efficiency, reliability, and safety standards. This has led to increased confidence in solar energy systems, further driving market demand.
Key players in the market
Some of the key players in the Solar Cable Market include Belden Inc., Havells, Kabelwerk Eupen AG., Allied Wire & Cable, Hellenic Group, Furukawa Electric Co. Ltd., ABB, Leoni Cables, Lapp Group, Leoni AG, Nexans SA, Polycab, Prysmian Group, LS Cable and System, Northwire Inc., Southwire Company LLC and TE Connectivity Ltd.
In June 2023, Leoni AG has strengthened its cooperation with ProCab for the supply of cables to the automotive industry. This is due to the fact that companies can combine their resources, experience and knowledge to create better and more innovative products.
In April 2023, Havells India entered into a commercial agreement with Swedish tech start-up, Blixt Tech AB, to introduce Solid State Circuit Breaker (SSCB) technology in the domestic market.
In April 2023, Havells has partnered with Swedish tech startup Blixt Tech AB to bring Solid State Circuit Breaker (SSCB) technology to the Indian market. This move demonstrates Havells' commitment to innovative and future-ready solutions and strengthens its position in the switchgear segment, according to a joint statement.