Allied Market Research

Smart Strategies for the Growth of – Low Voltage Cable Market

Increasing production of renewable power along with growth in industrialization are the key factors that drive the growth of Low Voltage Cable Market.

 

Portland, OR -- (SBWIRE) -- 06/28/2017 -- Low voltage power cable forms an essential component for secondary distribution of power at voltage less than 1 kV. Different types of low voltage accessories include fittings and fixtures, cable joints, cable terminations, among others which are used for cable installations in overhead and underground installations.
Increasing production of renewable power along with growth in industrialization are the key factors that drive the growth of this market. Furthermore, government incentives to expand or upgrade the transmission & distribution (T&D) system is another factor boosting the growth of the market. Lack of funding make the market volatile along with significant delay in authorization of different T&D projects due to complexity in planning are key restraining factors that hinders the growth of the market. Increasing demand in power along with various wind power policies in different countries are the factors that would offer abundant growth opportunities to the market. Volatility in prices of raw material along with low-quality & cheap products in grey market are major challenges faced by key market players.

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LOW VOLTAGE CABLE MARKET KEY SEGMENTS:
- Low Voltage Cable Market By Installation
o Overhead
o Underground

- Low Voltage Cable Market By Product
o Overhead Products
? Conductors
? Fittings & Fixtures
? Other Low Voltage Accessories

o Underground Products
? PVC Cables
? XLPE Cables
? Cable Terminations
? Cable Joints
? Other Low Voltage Cables & Accessories

- Low Voltage Cable Market By End User
o Infrastructure
o Commercial & Residential
o Transportation & Others
o Industrial Market
? Utilities Low Voltage Cable & Accessories
? Oil & Gas Low Voltage Cable & Accessories
? Mining Low Voltage Cable & Accessories
? Chemicals & Petrochemicals Low Voltage Cables & Accessories
? Other Industrial Low Voltage Cable & Accessories
o Renewables
o Wind Power
o Solar Power

- Low Voltage Cable Market By Region
o Europe
o North America
o Asia-Pacific
o Latin America
o Middle East & Africa

- Key Company Profiles
o Prysmian S.P.A
o Nexans S.A.
o General Cable Corporation
o Sumitomo Electric Industries, Ltd.
o NKT Cables Group GmbH
o ABB Ltd.
o Encore Wire Corporation
o Finolex Cables Limited
o TE Connectivity Ltd.
o Bahra Advanced Cable Manufacture Co. Ltd.

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