Press release
Global XLPE Cable Market Is Predicted to Reach USD 18,659.5 Million by 2023 at an Estimated CAGR of 6.43% Till 2023 by Top Players - Brugg Kabel AG, The Prysmian Group, Nexans S.A., Encore Wire Corp, Finolex Cables Ltd.
XLPE Cable Market
Global electricity demand is growing continuously and thereby places high demands on power distribution networks to provide a reliable electricity supply at an affordable price. Increase in renewable energy generation and rapid industrialization and urbanization is expected to drive the market for medium voltage cables market. Increasing need of effective technology to reduce power outages and efficiency in electricity transmission & distribution result in the growth of the market. The XLPE cable is the largest segment in the underground cable systems market due to investments in renewable sector and increasing power generation.
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Competitive Analysis
The prominent players in the XLPE Cable are Brugg Kabel AG (Switzerland), Sumitomo Electric Industries, Ltd.(Japan), ABB Ltd(Switzerland), The Prysmian Group (Italy), General Cable Corporation (U.S.)., and Nexans S.A.( France). Encore Wire Corporation (U.S.), NKT A/S (Denmark), Finolex Cables Ltd (India), Relemac Technologies Pvt. Ltd (India), Laser Power & Infra Pvt. Ltd (India), KEI Industries Limited (India), Universal Cables Ltd.(India), and Eland Cables (U.K.) are among others.
Industry Segmentation
Global XLPE Cable Market segmented into three major segments such as Installation, Voltage, End-User and region.
Electric power can be transmitted or distributed either by overhead system, underground cable or Submarine cable.
By application, it is classified into high, medium and low.
Moreover, by application, it includes power, oil & gas, Chemical, Manufacturing, Metal and mining, Infrastructure & Transportation.
Based on end-user, the global XLPE cable market is further segmented into Power, Oil & Gas, Chemical, Manufacturing, Metals & Mining, Infrastructure & Transportation and others.
By geography it is segmented as North America, Europe, Asia-Pacific and the Middle East & Africa.
Geographic Analysis
The global XLPE Cable market comprises Asia Pacific, North America, Europe, and the Middle East & Africa.
Globally, Asia-Pacific is expected to grow in the forecast period, and show tremendous growth in the renewable energy generation, across the globe.
The XLPE Cable market is growing in emerging countries such as China, India, and Japan, and is estimated to grow at a high rate in the forecast period.
U.S. is the largest market in Americas region for XLPE Cable. The technological and economic potential for renewable energy to provide a growing share of clean, secure energy for North America over the coming decades, is very large.
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LIST OF TABLES
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global XLPE Cable Market Value Analysis, By Installation, 2014-2023 (USD Million)
Table 4 Global XLPE Cable Market Value Analysis, By Voltage, 2014-2023 (USD Million)
Table 5 Global XLPE Cable Market Value Analysis, By End User, 2014-2023 (USD Million)
Table 6 Global XLPE Cable Market Value Analysis, By Region, 2014-2023 (USD Million)
Table 7 Americas: Global XLPE Cable Market Value Analysis, By Country, 2014-2023(USD Million)
Table 8 Americas: Global XLPE Cable Market Value Analysis, By Installation, 2014-2023 (USD Million)
Table 9 Americas: Global XLPE Cable Market Value Analysis, By Voltage, 2014-2023 (USD Million)
Table 10 Americas: Global XLPE Cable Market Value Analysis, By End User, 2014-2023 (USD Million)
Table 11 U.S.: Global XLPE Cable Market Value Analysis, By Installation, 2014-2023 (USD Million)
Table 12 U.S.: Global XLPE Cable Market Value Analysis, By Voltage, 2014-2023 (USD Million)
Table 13 U.S.: Global XLPE Cable Market Value Analysis, By End User, 2014-2023 (USD Million)
Table 14 Canada: Global XLPE Cable Market Value Analysis, By Installation, 2014-2023 (USD Million)
Continued……
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