Medium Voltage Cables Market : Opportunity Analysis and Industry Forecast, 2015 - 2022

 

According to a new report published by Allied Market Research titled," Medium Voltage Cables Market by Installation and End User: Global Opportunity Analysis and Industry Forecast, 2015 - 2022,"the global medium voltage cables market is expected to reach at $54.2 billion by 2022, registering a CAGR of 6.5% from 2016 to 2022. Asia-Pacific is the largest contributor of medium voltage cables and it is anticipated to be the fastest growing market during the forecast period.

Medium voltage cable is a necessary component for power transmission and distribution in the voltage range of 1000 V to 35 kV. It is used across power, oil & gas, mining, chemicals (industrial), renewables, and infrastructure sector.

Download sample @ https://www.alliedmarketresearch.com/request-sample/958

Rapid industrialization and urbanization has been the key driving factor sustaining the growth of the medium voltage cables market. Industrialization and urbanization has been increasing at a much faster pace in the developing economies, resulting in more requirement for power generation, transmission, and distribution and thus is expected to boost the requirement of medium voltage cables.

This factor is likely to increase the growth of medium voltage cables industry. However, Copper and aluminum are metals which are used as conductors to manufacture cables. Volatility in the cost of these metals being traded on the exchange markets cause their prices to go up or down responding to the market forces. Fluctuations in these metal prices is expected to restrain the market of the medium voltage cables to a certain extent because of uncertainties of the market forces.

For enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/958

Conversely, increasing demand for power has led to an increase in the requirement of medium voltage cables. There is increasing reliability on the renewable sources such as solar and wind energies for power generation over coal and significant investments are made in this sector which ensure the attractiveness of this segment. Continuous investments in this sector and the inclination towards renewable sources of power generation is expected to drive the market in the near future.

Key Findings of Medium Voltage Cable Market:

  • The medium voltage cables market forecast is studied from 2015 to 2022.
  • Medium voltage cables market size is provided in terms of revenue.
  • In Asia-Pacific and LAMEA, high urbanization rate is estimated to accelerate the growth of underground cables on account of limited space availability for new and existing substations
  • In North America, offshore wind capacity addition is expected to increase in the coming years due to the vast wind energy potential available on the U.S. Coasts.
  • The submarine segment is expected to witness robust growth rates during the forecast period
  • Key market players are profiled and their strategies are analyzed thoroughly to provide a competitive outlook of the medium voltage cables market.

Medium voltage cables market share is anticipated to increase in Asia-Pacific region, owing to rapid industrialization and urbanization. The China is anticipated to lead the market and witness high demand for medium voltage cables.The medium voltage cables market analysis covers in depth information of major industry participants.

The major companies profiled in the report include:

·       Prysmian SpA,

·       General Cable Corporation,

·        Nexans,

·        NKT Cables,

·        Sumitomo Electric Industries Ltd.,

·        Brugg Cables,

·        Dubai Cable Company Private Limited,

·        Leoni AG,

·       Southwire Company LLC,

·        TPC Wires

·        General Cables Corporation.

Other market players (not profiled in report) in the value chain include, ABB LTD., Tele Fonika Cable Ltd., Kabelwerke Brugg AG, LS Cable & System Ltd., EL Sewedy Electric Company, Hebei New Baofeng Wire & Cable Co., Ltd.

For detailed COVID-19 impact on Medium Voltage Cable Market @ https://www.alliedmarketresearch.com/request-for-customization/958?reqfor=covid

About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: +1-800-792-5285

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1?855?550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

Comments

Post a Comment

Popular posts from this blog

Ozone Generation Market registering a CAGR of 7.4% from 2017 to 2023.

  According to a new report published by Allied Market Research titled, Ozone Generation Market by Technology and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023 ,  the global ozone generation market was valued at $880 million in 2016, and is expected to reach at $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. Asia-Pacific is expected to dominate the market and is expected to maintain this trend throughout the forecast period. Download sample @ https://www.alliedmarketresearch.com/request-sample/2610 Ozone is a highly effectual and dynamic sterilizing agent with application in many industries, owing to collective awareness regarding environmental pollution. Wastewater reclamation, potable water conservation, sludge minimization, and sludge pre-treatment are some of the prominent avenues of ozone generation application in industrial and municipal backdrops. Rise in need for clean drinking water, increase in usage of oz...
Read more

Global Wind Energy Market : Trends and Analysis(2020-2027)

  According to a new report published by Allied Market Research, titled, Global  Wind Energy Market  by Type and End-User: Opportunity Analysis and Industry Forecast, 2020–2027”, the global wind energy market size was valued at $62.1 billion in 2019, and is projected to reach $127.2 billion by 2027, growing at a CAGR of 9.3% from 2020 to 2027. Wind energy, a type of renewable energy, is used to generate electric energy from kinetic energy source. Wind turbine converts the wind energy into mechanical energy, which is further converted into electrical energy through generator. Wind energy can be generated at offshore and onshore. Onshore wind energy is associated with onshore turbines that are located on land, whereas offshore wind turbines are found in ocean or sea.  For Sample @ https://www.alliedmarketresearch.com/request-sample/10901   Growing concern from government across the globe regarding renewable power source is anticipated to boost the wind e...
Read more

Rechargeable Batteries Market: Forecasts and Trends.

Image
  Rechargeable battery, also known as storage battery or secondary cell, is a type of electrical battery that can be charged or recharged many times. It is composed of one or more electrochemical cells, and is produced in different shapes and sizes. These rechargeable batteries are lightweight, flexible, and easy to use in products with limited internal space. They offer multiple uses for its cell and long-term investments in terms of money spent on devices. These are the most reliable, natural, and sustainable form of batteries. Non-rechargeable batteries produce current in the form of a chemical reaction when the battery anode is operated and exhausted.   Moreover, these batteries can be recharged inexpensively many times before they are replaced. These batteries are more reliable, cost-efficient, ecological, and sustainable in nature. These types of batteries are recharged by putting its terminal on a DC current. For enquiry @ https://www.alliedmarketresearch.com/requ...
Read more