Global Low Voltage Cable Market 2016-2020

About Low Voltage Cable

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.

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

Covered in this report

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
Technavio's report, 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 vendors
  • General Cable
  • Nexans
  • NKT Cables
  • Prysmian
  • Sumitomo Electric
Other prominent vendors
  • 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
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Low Voltage Cable Market 2016-2020

Technavio recognizes the following companies as the 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.

Commenting on the report, an analyst from Technavio’s team said: “Smart grid systems incorporate automated software and electronic hardware such as meters, switches, and relays that guarantee smooth and appropriate transmission and distribution of electricity by upgrading and controlling operational processes over a network.”

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.

Companies Mentioned

General Cable, Nexans, NKT Cables, Prysmian, Sumitomo Electric, 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, Top Cable.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global low voltage cable market
    • Market size and forecast
      • Table Global low voltage cable market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product installation type
    • Market segmentation by product installation type
      • Table Market segmentation by product installation type 2015 and 2020
    • Global low voltage cable market for overhead installation
      • Table Global low cable market for overhead installation 2015-2020 ($ billions)
      • Table Global construction market spending by sector 2015-2020 ($ trillions)
    • Global low voltage cable market for underground installation
      • Table Global low cable market for underground installation 2015-2020 ($ billions)
  • Geographical segmentation
    • Market segmentation by geography
      • Table Market segmentation by geography 2015 and 2020
    • Low voltage cable market in APAC
      • Table Low voltage cable market in APAC 2015-2020 ($ billions)
      • Table Cars and commercial vehicle production 2013-2015
    • Low voltage cable market in EMEA
      • Table Low voltage cable market in EMEA 2015-2020 ($ billions)
      • Table New renewable power capacity installation in the EU 2015
    • Low voltage cable market in the Americas
      • Table Low voltage cable market in the Americas 2015-2020 ($ billions)
      • Table Data center construction market in the US 2015-2020 ($ billions)
  • Key leading countries
    • China
    • Germany
  • Market drivers
    • Growth in power distribution sector
      • Table Global distribution transformer market 2015-2020 ($ billions and GVA)
      • Table Global distribution transformer end-user 2015
    • Low voltage cables for power generation from renewable energy sources
      • Table Application of cables in solar power generation
      • Table Global cumulative installed PV power and wind turbine capacity 2010-2014 (GW)
      • Table PV cumulative installed capacity (MW)
    • Demand from automotive and non-automotive industries
      • Table World vehicle production 2014-2015 (millions of units)
      • Table Production units of vehicles in Asia-Oceania 2013-2014
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Volatile raw material price
      • Table Copper grade A cathode price 2015 ($ thousands per metric ton)
      • Table Aluminum monthly rate 2015 ($ thousands per metric ton)
    • Stiff market competition
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Smart grid market to fuel demand
    • Low voltage cables for offshore wind generation
      • Table Global offshore wind capacity 2015-2020 (MW)
    • Cables for electric and hybrid electric vehicles
      • Table World HEV sales (millions of units)
      • Table Globally installed public charging stations (thousands of units)
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors
    • Other prominent vendors
  • Key vendor analysis
    • General Cable
      • Table Low voltage cables of General Cable
    • Nexans
      • Table Product portfolio of Nexans
    • NKT Cables
    • Prysmian
    • Sumitomo Electric
  • Appendix
    • List of abbreviations
  • Explore Technavio

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