As the acceptance of renewable energy continues to increase, the market for these power cables has developed rapidly in the past decade. By 2027, the green energy goals set by the organizations of various countries and the global goal of reducing the use of fossil fuels are the main factors driving market growth.

Since the main goal is to protect the sustainable environment, reduce the ozone layer and reduce global warming, renewable energy is considered to be the solution to these global problems. Many countries in the world are investing heavily in offshore wind energy, onshore wind energy, solar energy and other fields, which creates room for the development of this market.

In terms of market area, supported by high power demand, the Asia-Pacific region will lead the global wind power cable market during the forecast period. The market share of wind power cables in the Asia-Pacific region is expected to be the largest. Due to the continuous population growth and the urbanization development of China, Japan, India and South Korea, new industrial space and commercial and residential space have been created for the development of this market.

From the perspective of manufacturers, Prysmian (including general cables), Nexans, Sumitomo Electric, South Line Cable, LS Cable, Furukawa Electric, etc. will become the world's leading international cable manufacturers. At the same time, leading cable manufacturers in various regions, such as China’s Far East Cable, Shangshang Cable, Jiangnan Cable, Baosheng Cable, Riyadh Cable in the Middle East, Elsewedy Electric in Egypt and Ankaite Cable in Denmark will also join the fierce international The market competition is coming.