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What is the market demand for new energy cables?

Date of issue: 2023-06-07 Author: sxhengnuo.cn Click:

New energy cable It is a cable product used in the energy field, mainly including solar cable Wind power cable , ocean energy cable, etc. With the increasing global concern for environmental protection and the rapid development of new energy industry, the market demand for new energy cables is also growing.


1、 Solar cable


Solar cables are mainly used in solar photovoltaic power stations, solar water heaters, solar street lamps and other fields. With the increasing global demand for renewable energy and the continuous development of technology, the market demand for solar cables has also increased year by year. According to the statistics of market research company, from 2018 to 2026, the global solar cable market will grow at a compound annual growth rate of 20.4%, and is expected to reach 4.45 billion dollars by 2026.

 New energy cable

2、 Wind power cable


Wind power cable is used for the power transmission system inside the wind farm, mainly including power cable, suspension cable, tower cable, submarine cable, etc. At present, the global wind power cable market has reached billions of dollars, and is expected to continue to grow at a high speed in the next few years. The data shows that Europe, China and North America are the main consuming countries and regions of the global wind energy cable market, of which the European market accounts for more than 70% of the global wind energy cable market.


3、 Ocean energy cable


Marine energy cables are mainly used in offshore wind farms, tidal power stations, submarine oil and gas transmission and other fields. With the continuous deepening of global utilization of marine energy resources, the market demand for marine energy cables is also gradually increasing. At present, the market value of the global offshore cable market has exceeded US $4 billion, and it is expected to maintain a high growth rate in the next few years.


In conclusion, the new energy cable industry has broad market prospects and huge development potential. The development of this industry not only helps to promote the transformation and upgrading of energy structure and improve energy utilization efficiency, but also can inject new impetus into global economic development and promote sustainable development.


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Related labels: New energy cable specification , New energy cable model , Quotation of new energy cable

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Shandong Peninsula Cable Co., Ltd

Tel.: 0535-8621134

Q        Q:1653178622

Email: [email protected]

Address: Tonghai Road, High tech Development Zone, Longkou, Shandong

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