Press release
World Overhead Cables Market to Grow at 5.92% CAGR to 2021
This report covers the present scenario and the growth prospects of the global overhead cables market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources.
Complete Report available at http://www.reportsnreports.com/reports/966154-global-overhead-cables-market-2017-2021.html
Cables are a collection of electrical conductors that are insulated. These are used for transmission and distribution purposes. Overhead cables are installed above buildings and between electric poles. There is a presumption that underground cables are more reliable as they are less prone to damage from storms, lightning, and other disruptions. However, underground cables involve a difficult installation process. The cost of installation is also high when compared with overhead cables, which makes the latter a preferred choice among industries that need electricity.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Key vendors
General Cable
Nexans
NKT Holding
Prysmian Group
Sumitomo Electric Industries
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Other prominent vendors
LS Cable & System
Southwire
Hangzhou Cable
TPC Wire & Cable
Hengtong Group
Belden
Encore Wire
Finolex Cables
International Wire Group
KEI Industries
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Market driver
Increased renewable power generation
Market challenge
Fluctuating raw material prices
Market trend
Expanding railway industry
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Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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