Press release
Industrial Cables Market to Record Heightened Growth Opportunities During the Forecast Period 2020 - 2024| Prysmian Spa, Nexans, General Cable, Baosheng Sci &Tech Innovation
Industrial Cables
Global Industrial Cables Market Overview:
The report Industrial Cables reveals in-depth details of shifting market dynamics, pricing structures, trends, restraints, limitations, demand-supply variations, growth-boosting factors, and market variations that have been considered the most important factors in the Industrial Cables market.
Industrial Cables play an crucial role in today's digitally-augmented life and find wide practice across a number of applications in numerous manufacturing industry. The constantly increasing set of applications of Industrial Cables across the escalating power, automotive, telecommunication, and edifice industries are expected to bode well for the global ingesting of Industrial Cables materials in the next few years. The market for Industrial Cables materials, thus, is predictable to step along a healthy rise path over the period between 2020 and 2024.
Mounting urbanization and fast growing building substructure are the major factors fuelling the development. These have obstructed the energy and power demand in residential, commercial
and industrial sectors. Increased investments in smart grids and upgrading power transmission and distribution systems are expected to further drive the market. Acceptance of smart grid technology has satisfied the expanding need for grid interconnections, significantly resulting in rising investments in the new submarine and underground cables. In addition, rising offshore wind farms, high voltage direct current links, and grid interconnections are projected to fuel the rise of the market.
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This factor is likely to upsurge the growth of Industrial Cables. Inventions in the design of cables have positively impacted the Industrial Cables market. Several players have taken steps and introduced improvements.
Segmentations
The global Industrial Cables market is the expert and precise study of various business perceptions such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Market Players Segmentation
Prysmian Spa
Nexans
General Cable
Baosheng Sci &Tech Innovation
Far East Smarter Energy
Qingdao Hanhe Cable
Product Type Segmentation
Low Voltage
Medium Voltage
High Voltage
Industry Segmentation
Electric Power Industry
Data Communication
Rail Transit
Automotive
Shipbuilding
Regional Segmentation
North America (NA) - US & Rest of North America
Europe (EU) - UK, Germany, France & Rest of Europe
Asia Pacific (APAC) - China, Japan, India & Rest of APAC
Latin America (LA) - Brazil & Rest of Latin America
Middle East & Africa (MEA) - Middle East and Africa
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on "Global Industrial Cables Report 2020" @ https://www.businessindustryreports.com/buy-now/249828/single .
Global Industry News:
Prysmian Spa
04/09/2020 Prysmian Group selects IBM to help accelerate Digital Transformation with the adoption of IBM Cloud
Prysmian Group, global leader in the energy and telecom cable systems industry and the largest manufacturer of cables in the world, has selected IBM Services to help expand and manage its global technological infrastructure. The three-year agreement engagement is designed to addresses Prysmian's need to better integrate their presence in 50 countries around the world. Managed by IBM Services, Prysmian will integrate its IT infrastructure with IBM Cloud and adopt a hybrid cloud strategy.
With the acquisition of American cable manufacturing company, General Cable, in 2018, Prysmian Group has made it a priority to fully integrate the information systems of the two companies, to support flexible, efficient and secure digitization of processes and products that drive the international growth of the business. As part of this effort, Prysmian Group will migrate its SAP workloads to IBM Cloud to leverage higher value technology, including AI, IoT and human augmentation. The agreement with IBM also includes services for the management of the global Prysmian IT environment. With the new infrastructure in place Prysmian Group anticipates high levels of service in terms of availability and reliability, as well as enterprise-grade security.IBM will provide and manage a modern IT infrastructure with a global delivery model and service levels. Under the agreement, IBM Services will also manage the integration of the existing legacy IT infrastructures and move Prysmian Group's SAP S/4HANA, the company's ERP platform, onto SAP certified physical and virtual appliances on IBM Cloud to further support its digital business transformation.
"The important acquisition of General Cable required focus on the integration of processes and the digitalization of products. This represents our differentiation from our competitors", says Stefano Brandinali, CIO and Chief Digital Officer Prysmian Group. "To tackle this challenging task we have chosen IBM as our global technology provider to help drive ongoing transformation within the organization. IBM brings its industry experience to support the development of a modern IT infrastructure based on IBM Cloud."
Market Key Players
This research study inspects the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-complexity information regarding the development, trends, and industry policies and guidelines implemented in each of the geographical regions. Further, the overall directing framework of the market has been thoroughly covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
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Major Points in Table of Contents:
Section 1 Industrial Cables Product Definition
Section 2 Global Industrial Cables Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Industrial Cables Shipments
2.2 Global Manufacturer Industrial Cables Business Revenue
2.3 Global Industrial Cables Market Overview
Section 3 Manufacturer Industrial Cables Business Introduction
3.1 Prysmian Spa Industrial Cables Business Introduction
3.1.1 Prysmian Spa Industrial Cables Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Prysmian Spa Industrial Cables Business Distribution by Region
3.1.3 Prysmian Spa Interview Record
3.1.4 Prysmian Spa Industrial Cables Business Profile
3.1.5 Prysmian Spa Industrial Cables Product Specification
3.2 Nexans Industrial Cables Business Introduction
3.2.1 Nexans Industrial Cables Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Nexans Industrial Cables Business Distribution by Region
3.2.3 Interview Record
3.2.4 Nexans Industrial Cables Business Overview
3.2.5 Nexans Industrial Cables Product Specification
3.3 General Cable Industrial Cables Business Introduction
3.3.1 General Cable Industrial Cables Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 General Cable Industrial Cables Business Distribution by Region
3.3.3 Interview Record
3.3.4 General Cable Industrial Cables Business Overview
3.3.5 General Cable Industrial Cables Product Specification
3.4 Baosheng Sci &Tech Innovation Industrial Cables Business Introduction
3.5 Far East Smarter Energy Industrial Cables Business Introduction
3.6 Qingdao Hanhe Cable Industrial Cables Business Introduction
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