What's driving the Levant Power Cable Market trends? Nexans, Prysmian Group, Southwire Company, Belden Inc., Oman Cables, Sumitomo Electric, DUCAB
Key players across the Levant power cable market include Bahra, Riyadh Cables, MESC Jordan, Nexans, KEI Limited, Prysmian, The Okonite Company, Southwire Company, Belden, Oman Cables, Saudi Cables, Sumitomo Electric, DUCAB, Nuhas Oman, and El-Sewedy.
Levant Power Cable Market size will exceed USD 6 billion by 2024.Growing government and private funding to refurbish the war affected public assets will drive the levant power cable market size. The Government of Iraq signed a strategic agreement with Siemens to strengthen and upgrade the country’s traditional energy infrastructure with the modern and secured systems. In 2016, Iraq invested USD 358 billion toward construction projects post-civil war.
Get sample copy of this report @ https://www.gminsights.com/request-sample/detail/1618
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
2. Riyadh Cables
3. MESC Jordan
5. KEI Limited
7. The Okonite Company
8. Southwire Company
10. Oman Cables
11. Saudi Cables
12. Sumitomo Electric
14. Nuhas Oman
Rising focus towards the expansion of clean energy with the aim to reduce the dependency on conventional fossil fuel will accelerate the power cable market share. In 2016, Government of Jordan announced the third renewable energy tender to add 200 MW of solar and 100 MW of wind projects. In 2017, Government of Israel had announced the development of country’s largest solar power project having capacity of 310 MW by 2018. The country is also targeting to meet 10% of its electricity demand from the renewable sources by 2020.
MV power cable market is set to exceed USD 2 billion by 2024 owing to its high adaptability across the transmission and distribution applications. In 2016, Egyptian Electricity Transmission Company (EETC) announced an investment of over USD 1.6 billion towards the strengthening of its existing transmission network.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1618
Syria power cable market is witnessing significant downturn on account of internal conflicts between government and rebels. However, post-civil war the industry is poised to witness exponential growth subject to growing construction spending toward rebuilding of affected areas.
Growing demand for electricity on account of rising urban population coupled with expansion of T&D network will further augment the power cable market share. In 2017, Turkey Ministry of Energy and Natural Resources announced the development of Dardanelles (Çanakkale) Strait Submarine Cable Project with cumulative transmission capacity of 4 GW. The Government of Iraq has signed strategic agreement with ABB in 2017 towards implementation of new energy transmission systems with an estimated investment over USD 500 million.
Construction segment estimated to lead the market during the forecast period
Construction power cable market is set to expand over 8% owing to increasing infrastructure funding from public and private financial institutions toward development of infrastructural projects. In 2017, Government of Lebanon announced that it is seeking over USD 10 billion from international community to cope with the presence of huge presence of Syrian refugees over the next seven years.
Government initiatives to reduce the dependency on the conventional energy generating sources will foster the Jordan power cable market. The country’s energy demand had grown significantly in the past five years due to substantial economic and population growth. Presently it is heavily dependent on fuel import to satisfy 96% of its energy needs which covers 17.6% of its GDP.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
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 What's driving the Levant Power Cable Market trends? Nexans, Prysmian Group, Southwire Company, Belden Inc., Oman Cables, Sumitomo Electric, DUCAB here
News-ID: 1660676 • Views: 816
More Releases from Global Market Insights, Inc.
Process Analytics Market Global Analysis of Key Manufacturers, Dynamics & Foreca …
Global Market Insights, Inc. added Process Analytics Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps market participants in understanding the problems they may face while operating in this market over a longer period. The process discovery segment held the largest process analytics market share and is estimated to hold a significant market share over the forecast timeline.
(GPR) Ground Penetrating Radar Market: Global Demand Analysis & Opportunity Outl …
Global (GPR) Ground Penetrating Radar Market report 2025 focuses on the major Types and Applications for the key players. The market forecast report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The research report is a professional and in-depth study on the current state of global Industry. The GPR is a geophysical technique used for reconfirming the presence of any buried underground utilities
Platform as a Service Market Analytical Overview, Growth Factors, Demand and Tre …
The latest Platform as a Service Market Research Report 2025 contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materials analysis, import and export analysis, key success factors and supply chain analysis. The rising needs of IT solutions such as agility, scalability, Pay-per-use based pricing, and reduced cost & time
Packaging Automation Market Outlook | Development Factors, Latest Opportunities …
The study on the global Packaging Automation Market evaluated the historical and current performance of this market, especially highlighting the key trends and growth opportunities. According to the study, the rising demand for this product is driving the global market significantly. The expansion in the various related industry is also expected to reflect positively on the sales of the product over the next few years. Automated packaging machines are highly used
More Releases for Cable
Cable stripping done easily
Halver, 18 January 2017 – With immediate effect, the connectivity specialist ESCHA offers a new variant of its successful Automation Line. With ‘Automation Line easystrip‘, the company supplements its product portfolio including M8x1- and M12x1 connection cables that can be quite easily stripped up to a length of 1.5 meters. Thanks to the PUR/PP cable called S400 exclusively available from ESCHA, cable jackets can now be easily and above all quickly
World Cable Assembly Market
ReportsWorldwide has announced the addition of a new report title World Cable Assembly Market to its growing collection of premium market research reports. ‘2016 World Cable Assembly Market’, a new research report from industry leader Bishop & Associates, addresses these questions and many more. This 17-chapter, 230-page report provides a detailed analysis in US dollars for the years 2015 through 2021, by region, end-use equipment sector, and cable assembly type. Our
Global and China Pre-branch Cable Market 2016-2021 Market Research Report The report Pre-branch Cable offers a detailed impact analysis of the key trends shaping the Industry. The Industry determinants, i.e. drivers, restraints, opportunities, and threats have been covered in the report. The research study delivers a detailed analysis of the consumer trends that are influencing the Industry. The impact analysis of the Industry drivers, restraints, and opportunities is presented in the
New Cable Stripping Tools
Halver, 18 August 2015 – As of now, new cable stripping tools supplement the original accessories of the connector- and housing specialist ESCHA. Outer jackets of cables with various lengths and diameters can now be removed easily and quickly with the so called ‘Cable Strip Tool‘ and the ‘Cable Cut Tool‘. Cable Strip Tool The Cable Strip Tool works like a pair of pliers. Thereby, the cable is simply laid between the
Cable Joints Manufacturers, Cable Joints Exporters
Yamuna Power & Infrastructure Ltd or Yamuna Power or YPIL is an ISO 9001:2000 certified Company and established in 1973 with Corporate Office at Delhi, India & manufacturing unit at Jagadhri, Haryana. We are leading Cable Joints manufacturers and Cable Joints exporters offer wide range of Cable Joints, Heat Shrink Cable Joints, Heat Shrinkable Cable, Cold Shrink Cable Joints, Cable Jointing Accessories, Heat Shrink Tubing and many more. YPIL is
Cable Joints, Cable Joints Manufacturers
Yamuna Power & Infrastructure Ltd. (YPIL) is a quality oriented company offers an array of Cable Joints and a wide range of contemporary Power Cables, Heat Shrink Cable Joints, Heat Shrinkable Cable, Cold Shrink Cable Joints, Cable Jointing Accessories, Heat Shrink Tubing and other Cable Accessories meeting international quality norms and supplies them at the most reliable prices. The great success and unsteady growth of us is nothing but impeccable