市場調查報告書
商品編碼
1462724
太陽能電纜市場至2030年的預測:按材料類型、電壓類型、電纜類型、應用、最終用戶和地區的全球分析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 |
根據Stratistics MRC的資料,2023年全球太陽能電纜市場規模為21.5億美元,預計2030年將達到44.6億美元,預測期內年複合成長率為11%。
太陽能電纜是專為光伏(PV)系統設計的專用電纜,用於連接光伏裝置內的太陽能電池板、逆變器和其他組件。太陽能電纜通常採用耐紫外線和耐風化的材料進行絕緣,可安全高效地將太陽能電池板產生的直流電傳輸到逆變器和充電控制設備,將太陽能傳輸到電網並有利於整合到離網系統中。
根據印度工業和內貿促進部統計,自2014年以來,印度再生能源領域投資已超過420億美元,2018年清潔能源新增投資達111億美元。
增加太陽能發電設備
太陽能作為再生能源的日益普及是太陽能電纜市場的主要促進因素。人們對環境問題的認知不斷提高以及減少碳排放的需求推動對太陽能的需求。太陽能被認為是石化燃料的清潔且永續的替代品,對於尋求減少碳排放的個人、企業和政府來說是一個有吸引力的選擇。因此,太陽能電池板的安裝不斷增加,導致對太陽能電纜的需求增加。
初期投資成本高
安裝太陽能設備需要大量的初始投資來購買太陽能板、逆變器、支架和太陽能電纜等相關組件。然而,這些成本對於財政資源有限或預算有限的住宅、商業和工業營業單位來說可能特別沉重。因此,高昂的初始投資成本是限制市場擴張的因素。
太陽能技術的進步
隨著太陽能發電系統的發展和改進,對高品質和高效能太陽能電纜的需求不斷增加。高效率電池板可以將更多的陽光轉化為電能,產生更高的輸出。此外,鋰離子電池等能源儲存技術的進步已成為太陽能發電系統不可或缺的一部分。能源儲存可以儲存白天產生的多餘太陽能,並在白天時間短或需求高時使用。因此,太陽能發電技術的進步已成為拉動市場需求的關鍵因素。
與替代能源的競爭
太陽能電纜市場正面臨來自替代能源的競爭,對其成長和市場佔有率構成威脅。風力發電機利用風力發電,世界許多地區都建立了風電場。此外,另一種與太陽能競爭的替代能源能源是水力發電。水力發電廠利用流動和落下的水的能量來發電。在水資源豐富的地區,發電工程可能會比太陽能裝置獲得優惠,導致對太陽能電纜的需求減少。
COVID-19 的影響
COVID-19 大流行對太陽能電纜市場產生了多方面的影響。最初,由於封鎖措施和供應鏈中斷導致計劃進度和安裝延誤,對太陽能電纜的需求暫時放緩。此外,疫情造成的景氣衰退為太陽能計劃帶來了預算限制和資金籌措挑戰,特別是在商業和工業等受危機打擊嚴重的行業。這降低了投資興趣,導致計劃取消和推遲,並影響了大流行期間的太陽能電纜需求。
預計絞線將是預測期內最大的區隔
據估計,絞線區隔佔最大佔有率。絞線具有彈性和耐用性,適合電纜可能承受彎曲或扭曲等機械應力的戶外安裝。此外,絞合線提供了更大的表面積,使其能夠更有效地導電,最大限度地減少功率損耗並最大限度地提高整個光伏系統的效率。
太陽能板佈線產業預計在預測期內年複合成長率最高
預計太陽能電池板佈線領域在預測期內將出現良好的成長。這些電纜設計具有優異的絕緣性能,確保安全且有效率地傳輸電能,同時防止潮濕、紫外線和溫度波動等潛在危險。總體而言,太陽能板佈線在太陽能發電系統的可靠性、效率和安全性方面發揮著非常重要的作用,使其成為更廣泛的太陽能電纜市場的重要組成部分。
在估計期間,亞太地區佔據最大的市場佔有率。快速的工業化、都市化以及再生能源基礎設施投資的增加推動中國、印度、日本和澳洲等國家對太陽能電纜的需求。中國是最大的太陽能組件消費國和製造商之一,對該地區的市場成長做出了重大貢獻。此外,政府對清潔能源採用的支持政策和措施進一步推動了該國對太陽能電纜的需求。
預計北美在預測期內將實現盈利成長。目的是促進再生能源採用的有利政府政策和獎勵措施(例如稅額扣抵和回扣)刺激住宅、商業和公共規模太陽能發電工程對太陽能電纜的需求。此外,太陽能電纜設計和製造方面的技術進步和創新提高了效率、可靠性和安全標準。這增加了人們對太陽能系統的信心,進一步推動市場需求。
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.