Press release
High Voltage Cable Market – Industry Demand, Share, Size, Growth Opportunities and Future Trends by 2026
High Voltage Cable Market
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Fortune Business Insights™ provides a detailed evaluation of the global market by analyzing the factors driving the market. Besides this, it also discusses some of the economic trends prevailing in the energy and power industry. These trends are analyzed in the report to see an overall impact on the global market.
Top Players Overview:
Some of the leading players operating in the global High Voltage Cable market include;
Prysmian Group
ABB Group
Cable Corporation of India
General Electric
Jiangnan Groups Ltd.
Nexans
Sumitomo Electric
LS Cable & System
Furukama Electric Groups
Southwire
Walsin Lihwa
Far East Cable Co. Ltd.
Polycab
Pfisterer
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Increasing use of smart grids and smart metering are likely to help for the better management of power services. Better infrastructural facilities are also expected to encourage growth in the market.
The increased spending on oil and gas across the world is another factor likely to drive the High Voltage Cable Market. Rising investments in energy efficiency projects backed by governments may also stimulate growth in the market. The penetration of renewable sources is increasing, fueling demand for energy and which is expected to drive the High Voltage Cable Market.
“Rising Investment in Power Transmission Will Boost Growth in Asia Pacific”
The high voltage cable market in Asia Pacific is expected to grow significantly during the forecast period owing to the increasing government investments in infrastructure development for power transmission. North America is expected to witness high growth during the forecast period owing to the implementation of stringent policies to curb the carbon emission. Rising investment in infrastructure development for renewable power generation such as solar, wind, and others will also boost growth in the region. In Europe, the government is focusing on to establishment of underground high power cable to protect from a power outage during snowfall and storm. Robust in manufacturing and construction activities and growth in investment in renewable energy which tends to drive the demand for high voltage cable in Europe. In Latin America, Events such as FIFA world cup, which was held in Brazil. There was a massive construction for electrification, as it requires high voltage cables. This factor is expected to favour growth in Latin America.
Key Segmental Overview:
By Installation
By Voltage
By End-user
By Geography
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.
Regional Analysis:
North America (The USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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