Global Low Voltage Cable Market to grow at a CAGR of 7.34% during the period 2016 - 2020; Finds New Report

Report forecast the global low voltage cable market to grow at a CAGR of 7.34% during the period 2016-2020.

Low voltage cables are used to supply power at low voltage. These cables form essential parts of the electrical and electronic systems in a broad range of applications. The cables have prime importance in the power sector, and thus, are important components in the generation, transmission, and distribution of electricity by power utilities.

The report covers the present scenario and the growth prospects of the global low voltage cable market during 2016-2020. To calculate the market size, the report considers the demand for low voltage cables for overhead and underground installation.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, a rising demand for electricity worldwide has fueled development in the power generation, transmission, and distribution sectors. The demand for equipment employed for these purposes such as low voltage cables is increasing with the growth in the generation and T&D infrastructure.

Further, the report states that the fluctuating prices of raw materials also become a major hindrance to vendors, as the volatility hampers their business plans regarding forecasting demand, developing and executing manufacturing plans, and managing inventories.

Global Low Voltage Cable Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Low Voltage Cable Market: General Cable, Nexans, NKT Cables, Prysmian and Sumitomo Electric.

Other Prominent Vendors in the market are: ABB, Bahra Advanced Cable Manufacture, Brugg Cables, Caledonian Cables, Dubai Cable Company, Encore Wire, Finolex, Hebei New Baofeng Wire & Cable, Kabelwerk Eupen, LS Cable & System, Polycab, Riyadh Cables, Southwire Company, TE Connectivity and Top Cable.

Market driver

• Growth in power distribution sector
• For a full, detailed list, view our report

Market challenge

• Volatile raw material prices
• For a full, detailed list, view our report

Market trend

• Smart grid market to fuel demand
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 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?

Spanning over 66 pages and 32 Exhibits “Global Low Voltage Cable Market 2016 - 2020” report covers Executive summary, Scope of  the report, Market research methodology, Introduction, Market landscape, Market segmentation by product installation type, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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Global Power Cables Market 2016-2020 - Visit at - http://mrr.cm/J4o