Increasing investments in renewable energy projects boosting the global power cable market

Albany, NY -- (SBWire) -- 08/17/2018 --Power cables are primarily used for power transmission and comprises of an assembly of one or more independently insulated electrical conductors. These electrical power cables can be buried in the ground, permanently installed in buildings or run overhead. Market Research Reports Search Engine (MRRSE) has actively added a new study to its wide repository that focuses on the global market for power cable. This research report is titled "Global Market Study on Power Cable: Low Voltage Handling Power Cables Projected to Gain Significant Market Share during 2018 – 2026", which discusses the current as well as future market status of the overall power cable market. In addition, readers are also updated about the robust methodology, market size and associated projections that have been included to make this analysis resourceful.

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This research report starts with the executive summary and market definition followed by macro-economic analysis and market overview. Furthermore, important market factors such as Porter's Analysis, Y-o-Y projections and Absolute $ Opportunity Analysis are all enclosed in this smart research report. Geographically, the prime regions covered in this research are North America, Latin America, Europe, Japan, South East Asia & Pacific, China and Middle East & Africa. Each of these regions are examined based on market value share analysis, historical market size and market attractiveness analysis.

The global power cable market is segmented on the basis of voltage handling which includes high voltage, medium voltage and low voltage. Furthermore, the concerned market is divided on the basis of end-use industry that includes telecommunication, power transmission, refineries & oil rigs, construction and others. The prime materials used for making power cables include aluminium and copper. Each of these segments are carefully studied to present a market value share analysis during the forecast period until 2026.

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The concluding section of the report drops light on market structure analysis that includes market analysis by tier of companies and market concentration. In addition, the competitive analysis is a major add-on for readers to learn about various players who are striving in the global power cables sector to push its growth to newer levels. Some of the prime players mentioned in the report are Prysmian Group, Nexans SA, General Cable Technologies Corporation, NKT AS, Elmeridge Cables Limited, Furukawa Electric Ltd., Southwire company LLC, Sumitomo Electric Industries Ltd., Encore Wire corporation and Fujikura Ltd. This study examines each of these manufacturers based on key financials, sales footprint channel footprint, profitability, product footprint etc.

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