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Worldwide Power Cables Market 2016 Trend, Analysis and Overview

Friday, February 10, 2017 1:06
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(Before It's News)

A power cable is an insulated strand of wires bundled together to convey electricity at different voltage levels. Power cables are mainly used in overhead lines and underground cabling applications. These can be classified into three broad categories depending on their operating voltage applications: LV, MV, and HV.

Publisher’s analysts forecast the global power cables market to grow at a CAGR of 7.9% during the period 2016-2020.

For more information about this report:  

Covered in this report 
The report covers the present scenario and the growth prospects of the global power cables market for 2016-2020. To calculate market size, the report considers the demand for power cables during the forecast period.

The market is divided into the following segments based on geography: 
- Americas

Publisher’s report, Global Power Cables Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- General Cable
- Nexans
- Prysmian
- Sumitomo Electric 


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Other prominent vendors 
- Belden
- Encore Wire
- Finolex Cables
- International Wire Group
- KEI Industries
- Southwire
- Okonite

Market driver 
- Rise in demand for high-temperature, superconducting cables
- For a full, detailed list, view our report 

Market challenge 
- Volatile raw material prices 
- For a full, detailed list, view our report 

Market trend 
- Increase in sales of HVDC power cables
- For a full, detailed list, view our report 

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