DC Electric Cable Market Analysis

The global DC electric cable market is segmented by end user into utilities & power grids, IT & telecom, automotive & transportation, electronics and others, out of which, utilities & power grids segment is anticipated to hold the largest market share owing to shifting trend for cost efficient power distribution, along with growing trend of smart grid electricity distribution systems. DC electric cables (string DC cables) are widely used in connecting solar panels to the solar charge controller system. Further, main DC cables are utilized in connecting the system to the grid. Additionally, automotive and transportation segment is anticipated to gain significant market share in the global DC electric cable market on account of rising production of automobiles around the globe and rising demand for electric vehicles. Vehicles are powered with DC batteries owing to which, DC cables are deployed for the overall wiring of the vehicle. 

Our in-depth analysis of the global DC electric cable market includes the following segments: