Attractive Growth Opportunities in the Low Voltage Cable & Accessories Market


Posted August 8, 2017 by Pratik_M

the low voltage cable & accessories market is expected to reach USD 147.3 Billion by 2020, and is projected to grow at a CAGR of 7.0% from 2015 to 2020.

 
Global low voltage cable & accessories market was valued at USD 99.2 Billion in 2014. It is projected to grow 147.3 Billion at a CAGR of 7.0% from 2015 to 2020. The market has been studied and analyzed based on Installation, Product type, end-user, and region. Transmission & distribution (T&D) network is expanding globally on account of increase in power generation to satisfy the growing demand for electricity.

Power cables & accessories are the basic requirement for transmission and distribution of electricity from the point of generation to the point of consumption. Depending on the application, power cables are classified into four voltage categories: low voltage, medium voltage, high voltage, and extra-high voltage.

Low voltage cable is an essential component for the secondary distribution of electricity at voltage range below 1 kV. Low voltage accessories are used to support cables in the distribution network. Different types of accessories are used for different types of cable installations, namely, overhead and underground installations. Such accessories include fittings and fixtures, cable terminations, cable joints, cable connectors, spacers, insulators, and guy wires, among others.

Download PDF Brochure: http://bit.ly/2uucgzs

Power cables & accessories are vital components for T&D network and will also grow in sync with the growth in T&D network. Low voltage cables & accessories market is expected to grow faster in developing countries where the T&D industry is in the growth stage. Moreover in the developed countries of Europe and North America the market will grow due to upgrade of their existing T&D network.

The report profiles leading players in the global low voltage cable market, along with their recent developments and other strategic industry activities. These players include Prysmian S.P.A (Italy), Nexans S.A. (France), General Cable Corporation (U.S.), Sumitomo Electric Industries (Japan), NKT Cables Group GmbH (Germany), ABB Ltd. (Switzerland), Encore Wire Corporation (U.S.), Finolex Cables Limited (India), and Polycab Wires Pvt. Ltd. (India).

Inquiry Before Buying: http://bit.ly/2eL6PGL

Scope Of Report:
The report includes Porter's Five Forces model and Value chain analysis. It also describes the competitive landscape of major market players, based on strategies, such as new product developments, mergers & acquisitions, facility expansion, agreements & collaborations, and contracts. Key developments have been identified for the major market players to determine the growth strategies implemented by them. Additionally, the study provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges in the low voltage cable market.

Request for Customization: http://bit.ly/2tWrcCS

Key Player Analysis:
Leading players in the market, such as Prysmian S.P.A (Italy), Nexans S.A. (France), General Cable Corporation (U.S.), Sumitomo Electric Industries (Japan), NKT Cables Group GmbH (Germany), ABB Ltd. (Switzerland), Encore Wire Corporation (U.S.), Finolex Cables Limited (India), and Polycab Wires Pvt. Ltd. (India) have been profiled in this report.

To Speak With our Expertise Analyst: http://bit.ly/2eL6PGL

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets
Country India
Categories Business , Industry
Tags low voltage cable , low voltage cable market , power cables accessories
Last Updated August 8, 2017