Press release
UAE Power Cables Market (2018-2024)-6Wresearch
UAE Power Cables Market (2018-2024)-6Wresearch
UAE power cables market registered substantial growth in 2017 attributed to recovery in copper and aluminium prices as well as significant investment in mega infrastructure projects such as new high-rise skyscrapers, theme parks, state-of-the-art shopping malls and artificial islands. Furthermore, sustained economic diversification efforts in the country also contributed to an increase in the sales for power cables.
According to 6Wresearch, UAE power cables market revenues are projected to reach $2.5 billion by 2024. Upcoming projects such as Mohammed bin Rashid City, MBR City-District One, Barakah Nuclear Power Plant and Aljada megaproject would increase the demand for power cables in the country. Further, government initiatives such as UAE Vision 2021, Dubai Plan 2021, the Abu Dhabi Economic Vision 2030, Sharjah Tourism Vision 2021 along with rapid urbanization and rising electricity consumption in the country would additionally encourage the growth of power cables in near-future.
Explore Press Release : http://www.6wresearch.com/press-releases/uae-power-cables-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html
According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6Wresearch, "Infrastructure sector held majority of the revenue share in 2017 on account of ambitious government plan for infrastructure development including construction of roads, airport, metro, ports, power plants and hospitals."
"However, buildings and industrial sector is expected to grow at a faster rate than the infrastructure sector during the forecast period as a result of ongoing construction activities in the real estate and hospitality sectors, as the country prepares itself to host World Expo in 2020," Ravi further added.
According to Rishi Malhotra, Sr. Research Analyst, Research and Consulting, 6Wresearch, "Low voltage (up to 1 kV) power cable segment held the highest revenue share in 2017 on account of its installation in buildings, infrastructure, oil & gas, petrochemicals and other industrial applications."
"Moreover, amongst all the regions, Dubai held major revenue share and is expected to maintain its leadership during the forecast period as well, attributed to ongoing and upcoming commercial building and transport infrastructure projects in the region," Rishi concluded.
Some of the key players in UAE power cables market includes- Ducab, Riyadh Cables Group Company, Jeddah Cables Company, Oman Cables Industry, National Cables Industry, Elsewedy Electric L.L.C - UAE, Power Plus Cable Co. L.L.C., Saudi Cable Company, Alfanar Company Ltd., Prysmian Group, NEXANS MIDDLE EAST, and Brugg Cable Middle East DMCC.
"UAE Power Cables Market (2018-2024)" provides an in-depth analysis with 80 figures and 21 tables covered in more than 140 pages. The report estimates and forecast the overall UAE power cables market by voltage rating, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/uae-power-cables-market-2018-2024-forecast-by-voltage-rating-low-medium-high-applications-regions-competitive-landscape.html
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Delhi/NCR Office
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA, New Delhi-110034
Email sales@6wresearch.com
Phone: +911143024305
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release UAE Power Cables Market (2018-2024)-6Wresearch here
News-ID: 1058602 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions
Market Penetration of Smart Ceiling Lights Globally
The global market for ceiling lights has been growing rapidly as consumers demand is high for seek stylish and efficient lighting for homes and commercial settings. Though new technologies in smart lighting are gaining traction, ceiling lights remain favored for their utility, design versatility, and energy-conscious features.
According to 6Wresearch, the Global Ceiling Lights Market is projected to grow at a compound annual growth rate (CAGR) of 4.60% between 2025 and…
Role of Electric Vehicles in Shaping Parking Infrastructure & Advancements in Au …
The car parking market worldwide is growing steadily. This is due to the rising urbanization, increased numbers of vehicles, and the need for efficient space allocation in cities. With expanding urban centers and mounting traffic congestion, demand for smart and systematic parking solutions is rapidly rising. Additionally, governments and private companies have invested in contemporary parking facilities. Moreover, technological advancements are being done to make parking systems more accessible and…
Consumer Behavior and Preferences in Purchasing Car Insurance
The global car insurance market growth has boosted massively, driven by the rising vehicle ownerships and strict government regulations. Additionally, the rising driver's awareness regarding car insurance is another major factor boosting the growth of the market. While rise of digital solutions and new technologies, traditional car insurance remains essential in the auto and financial industries, which offer vital protection and financial security to drivers worldwide.
According to 6Wresearch, the Global…
Regional Analysis of Car Accessories Demand and Innovative Technologies in Car A …
The global car accessories market is experiencing consistent growth, driven by increasing vehicle ownership, rising interest in vehicle customization, and growing awareness around safety and comfort. Consumers around the world are investing more in both aesthetic and functional accessories for their vehicles-ranging from seat covers and infotainment systems to advanced safety tools and exterior enhancements.
According to 6Wresearch, the Global Car Accessories Market is projected to grow at a compound annual…
More Releases for Cable
Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cab …
The Cable Management Market would portray a significant CAGR by 2027, as per the latest report published by Allied Market Research.
Allied Market Research recently published a report, titled, “Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cable Connectors &Glands, Cable Carriers, cable Lugs, Cable Junction Boxes, and Others), and End User (IT & Telecommunication, Commercial Construction, Energy, Manufacturing and Automation, Marine, Mining, Healthcare, and Others): Global Opportunity…
Automotive Control Cable Market 2019 Precise Outlook - SAB Cable, Allied Wire & …
Global Automotive Control Cable Market Report 2019-2025 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time…
Cable & Accessories Industry - Nexans, General Cable Technologies, ABB, Brugg, P …
Electrical cable, an assembly of one or more wires which may be insulated, used for transmission of electrical power or signals
Wide array and volume of cable & accessories applications, high demand from residential to industrial applications and increasing power demand is expected to drive growth in cable and accessories market. Furthermore, Growth in rural electrification especially in the developing economies, growing use of cable & accessories in various industries and…
Global Submarine Cable Market 2017: General Cable, Nexans, Prysmian Group, Allie …
Submarine Cable Market Research Report 2017
In this report, the global Submarine Cable market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report split global into several key Regions, with sales (volume), revenue (value), market share and growth rate of Submarine Cable for these regions, from 2012…
Cable Management System Market (Cable Tray, Cable Ladder, Raceway, Cable Trunkin …
This report on the global cable management system market provides analysis for the period from 2014 to 2024, wherein 2015 is the base year and the years from 2016 to 2024 are the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the cable management systems market over the forecast period…
Global Nuclear Power Cable Market 2016 : Qingdao Hanlan Cable, Jiangsu Shangshan …
A market study based on the "Nuclear Power Cable Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Nuclear Power Cable Market 2016’. The research report analyzes the historical as well as present performance of the global Nuclear Power Cable market, and makes predictions on the future status of Nuclear Power Cable market on the basis of this analysis.
Get Free Sample Copy of Report…
