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Global Overhead Cables Market 2017-2021

Global Overhead Cables Market 2017-2021

About Overhead Cables

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.

Technavio’s analysts forecast the global overhead cables market to grow at a CAGR of 5.92% during the period 2017-2021.

Covered in this report

The 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.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Overhead Cables Market 2017-2021, 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 Holding
  • Prysmian Group
  • Sumitomo Electric Industries
Other prominent vendors
  • LS Cable & System
  • Southwire
  • Hangzhou Cable
  • TPC Wire & Cable
  • Hengtong Group
  • Belden
  • Encore Wire
  • Finolex Cables
  • International Wire Group
  • KEI Industries
Market driver
  • Increased renewable power generation
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating raw material prices
  • For a full, detailed list, view our report
Market trend
  • Expanding railway industry
  • For a full, detailed list, view our report
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Overhead Cables Market 2017-2021

Technavio recognizes the following companies as the key players in the global overhead cables market: General Cable, Nexans, NKT Holding, Prysmian Group and Sumitomo Electric Industries.

Other Prominent Vendors in the market are: LS Cable & System, Southwire, Hangzhou Cable, TPC Wire & Cable, Hengtong Group, Belden, Encore Wire, Finolex Cables, International Wire Group and KEI Industries.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is expanding railway industry. Power cables are used for power transmission for rail systems. Owing to technological innovations, the global railway industry has undergone changes in the recent past. Growing population and expanding metropolitan areas have resulted in increased demand for railways.”

According to the report, one driver in the market is increased renewable power generation. Overhead power cables are used at large to transmit electricity generated from power plants. The growing concerns of shifting to renewable energy sources have led to an increase in electricity generation from wind turbines, solar power, and others. This has led to the demand for new installations of overhead cables. Renewable energy is the fastest growing source of electricity generation. The amount of electricity generated from renewable energy sources is growing by more than 2.5% per year.

Further, the report states that one challenge in the market is fluctuating raw material prices. The primary raw materials used to manufacture an overhead power cable are aluminum and copper. All power cable vendors incur a major part of their manufacturing cost for acquiring these raw materials. As per the December 2015 prices of these metals, material costs account for approximately 85% of the total production cost. The total cost of copper and aluminum metals account for roughly 50% of the total production cost.

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. For further information on this report, please visit- https://www.technavio.com/report/global-unit-operations-global-overhead-cables-market-2017-2021

Companies Mentioned

General Cable, Nexans, NKT Holding, Prysmian Group, Sumitomo Electric Industries, LS Cable & System, Southwire, Hangzhou Cable, TPC Wire & Cable, Hengtong Group, Belden, Encore Wire, Finolex Cables, International Wire Group and KEI Industries.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global overhead cable market by geography 2016-2021
  • Market landscape
    • Market overview
      • Table Overview of global overhead cable market
    • Market size and forecast
      • Table Global overhead cable market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by voltage requirement
    • Market overview
      • Table Global overhead cable market by voltage requirement 2016-2021
    • High voltage
      • Table Global high voltage overhead cable market 2016-2021 ($ billions)
      • Table Global offshore wind capacity 2015-2020 (MW)
    • Medium voltage
      • Table Global medium voltage overhead cable market 2016-2021 ($ billions)
    • Low voltage
      • Table Global low voltage overhead cable market 2016-2021 ($ billions)
      • Table Residential construction in US 2009-2015 (in thousand units)
      • Table GDP per capita for selected countries 2005 and 2015 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global overhead cable market by geography 2016-2021
    • APAC
      • Table Overhead cable market in APAC 2016-2021 ($ billions)
    • EMEA
      • Table Overhead cable market in EMEA 2016-2021 ($ billions)
    • Americas
      • Table Overhead cable market in Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Percentage increase in electricity consumption of a few countries from 2013 to 2014
    • Market challenges
  • Market trends
    • Increased demand from GCC countries
    • Expanding railway industry
    • Growth in nuclear power generation
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors in global overhead cable market
  • Key vendor analysis
    • General Cable
      • Table Product groups and offerings by General Cable
    • Nexans
      • Table Product offerings by Nexans
    • NKT Holding
      • Table Business segments and offerings by NKT Holding
    • Prysmian Group
      • Table Product offerings for different sectors by Prysmian Group
    • Sumitomo Electric Industries
      • Table Product offerings by Sumitomo Electric Industries
  • Appendix
    • List of abbreviations
  • Explore Technavio

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