Worldwide Low Voltage Cable Market by Size, Share, Revenue – 2023 | Ozone Market Reports

Ozone Market Reports projects that the Low Voltage Cable market size will grow from USD 124.3 Billion in 2017 to USD 192.9 Billion by 2023, at an estimated CAGR of 7.6%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The increasing spending on transmission and distribution network, growing industrialization and urbanization, and shift in focus towards renewable energy production are some of the key drivers of this market.Transmission& distribution (T&D) network is expanding globally on account of increase in power generation to satisfy the growing demand for electricity. Power cables & accessories are vital components for T&D network and will also grow in sync with the growth in T&D network. Low voltage cables & accessories market is expected to grow faster in developing countries where the T&D industry is in the growth stage. Moreover in the developed countries of Europe and North America the market will grow due to upgrade of their existing T&D network.The global low voltage cable market has been segmented based on installation into overhead and underground. The market has been further segmented; overhead products into conductors, fittings & fixtures, and others, where others include spacers, insulators, connectors, overhead ground wires, and guy wires; and underground products into PVC cables, XLPE cables, cable terminations, cable joints, and others, where others include EPR cable, cable connectors, cable glands, cleats & cable fixings, and cabinets.

cropped-ozone-market-reports.jpgBy Market Players:
Prysmian S.P.A , Nexans S.A. , General Cable Corporation , Sumitomo Electric Industries, Ltd. , NKT Cables Group GmbH , ABB Ltd. , Encore Wire Corporation , Finolex Cables Limited , TE Connectivity Ltd. , Bahra Advanced Cable Manufacture Co. Ltd. , Brugg Group , Caledonian Cables Ltd. , Dubai Cable Company (Private) Ltd. , Hebei New Baofeng Wire & Cable Co., Ltd. , KabelwerkEupen AG , LS Cable & System Ltd. , Polycab Wires Pvt. Ltd. , Riyadh Cables Group of Companies , Southwire Company, LLC , Top Cable, S.A.

By Overhead
Conductors, Fittings & Fixtures, Others, ,

By Underground
PVC Cables, XLPE Cables, Cable Terminations, Cable Joints, Others

By End-User
Infrastructure, Industrial, Renewables, ,

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Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
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