The report primarily includes a descriptive examination of the Latin America low voltage cables market in terms of the multiple variables and constants in the market.
Albany, NY -- (SBWIRE) -- 02/04/2016 -- The report segments the Latin America low voltage cables market according to end users and countries. The latter comprises the nations of Jamaica, Costa Rice, Argentina, Panama, the Dominican Republic, Cube, and Brazil. According to countries, the Latin America low voltage cables market is dominated by Brazil, which holds the largest revenue earned and is expected to remain the dominant country during the report's forecast period.
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Overview of the XYZ market
The Latin America low voltage cables market is exhibiting a CAGR of 8.5% from 2012 to 2018. The Latin America low voltage cables market's recorded value in 2011 was US$3.6 bn and it is expected to be valued at US$6.4 bn in 2018.
The Latin America low voltage cables market is segmented according to end users and the countries in the region. The core end-use segments in the market are specialty purpose consumers, power distribution facilities, and buildings.
The Latin America low voltage cables market is progressing rapidly owing to the advent of industrialization and expanding development projects in all the upcoming economies in the region. The rate of development in these nations is creating a substantial demand for ancillary products and industrial equipment in all of Latin America. One of the products in great demand due to this progress is the low voltage cable. Other factors driving the Latin America low voltage cables market are the deregulation of economic activities, privatization of production units that were previously in the public sector, liberalization of trade, and a greater importance towards the understanding of macroeconomic and management elements.
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Under the market overview section, the first section provides a background of how the market has developed thus far. The second section discusses the segmentation of the market based on the product/technologies/geography/application.
The geographical segmentation is also discussed and the report delves a little deeper into the same. The report also discusses the restraints that the market is likely to face.
Companies mentioned in the research report
The key players in the Latin America low voltage cables market are Remee Cable Products, ABB Ltd., General Cable, Alcan Cables, Nexans, and Prysmian.
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Some of the factors that could restrain the Latin America low voltage cables market are the unfavorable regulatory scenarios in some LATAM countries, fluctuating cost of raw materials, and unstable profit margins. The Latin America low voltage cables market needs to constantly shift its pricing structure in order to compensate for the increasing prices of copper and aluminum, two of its core raw materials.