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Power Cable Market in China 2016-2020

About Power Cable

A power cable is primarily an assembly of one or more electrical conductors, usually held together by an overall sheath. Power cables are used for transmission and, in some cases, distribution of large quantities of electrical power. Power cables have three basic components, namely, conductor, insulation, and protective covering or sheath. Other than the three basic components, the cable can also consist of bedding and beading/armoring depending on its architecture.

Technavio’s analysts forecast the power cables market in China to grow at a CAGR of 6.10% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the power cables market in China for 2016-2020. The market size has been estimated on both the demand side as well as supply side. For calculation purposes, 1 circuit kilometer = 0.5 kilometers have been considered.

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

  • Distribution
  • Transmission
Technavio's report, Power Cables Market in China 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
  • Far East Cable Company
  • Jiangnan Group
  • Nexans
  • Prysmian
  • Shandong Wanda Cable
Other prominent vendors
  • Anhui Hualing Cable Group
  • Baosheng Group
  • General Cable
  • Havells
  • Henan Huadong Cable
  • Henan Jinshui Cable Group
  • Henan Tano Cable
  • Jiangsu Shangshang Cable Group Co. Ltd.
  • Jiangyang Cable
  • Luoyang Da Yuan Cable Factory Co. Ltd.
  • Shanghai Shenghua Cable Group
  • Suli Group
  • TBEA Shandong Luneng Taishan Cable
  • Wanma Cable
  • Zhengzhou Yifang Cable
Market driver
  • Smart grid implementation
  • For a full, detailed list, view our report
Market challenge
  • Wind power curtailment challenges
  • For a full, detailed list, view our report
Market trend
  • Renewable cable protection systems
  • 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 – Power Cables Market in China 2016-2020

Technavio recognizes the following companies as the key players in the power cables market in China: Far East Cable Company, Jiangnan, Nexans, Prysmian, and Shandong Wanda Cable.

Other Prominent Vendors in the market are: Anhui Hualing Cable, Baosheng, General Cable, Havells, Henan Huadong Cable, Henan Jinshui Cable, Henan Tano, Jiangsu Shangshang Cable, Jiangyang Cable, Luoyang Da Yuan Cable Factory, Shanghai Shenghua Cable, Suli, TBEA Shandong Luneng Taishan Cable, Wanma Cable, and Zhengzhou Yifang Cable.

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be development of renewable cable protection systems. Vendors are developing renewable cables protection systems, which enhance the durability of cables and thus, ensures longer life. One such innovation is Njordguard, a protection system developed by Trelleborg for the renewables market. This innovative protection system can be installed, removed, and reused without the use of remotely operated vehicles or driver involvement, improving safety and reducing installation complexity. The solution also provides a monopile and J-tube installation for wind turbine generators and offshore substation platforms without procedural variation.”

According to the report, implementation of smart grid will be a key driver for market growth. A smart grid refers to an automated, widely distributed network for energy delivery with responsive and organic capabilities. The smart grid enables monitoring, analysis, control, and communication, resulting in a significant reduction in energy consumption. The benefits that the smart grid technology will offer to China’s energy landscape and the government’s investments in its implementation will propel the demand for power cables in China during the forecast period.

Further, the report states that heavy reliance on solid fuels will be a challenge for the market. Even with the current scenario of almost 100% electrification rates and an extensive regional grid system, a majority of the rural Chinese populace still prefer to use solid fuel as a source of energy. About 47% of the total households, as of 2014, relied on solid fuels for cooking and heating purposes. Coal and biomass are the key solid fuels, and usage rates are highly dependent on the local supplies. As per International Energy Agency (IEA), by 2030, about 280 million people in China still rely on solid fuels for their heating and cooking needs.

Companies Mentioned

Far East Cable Company, Jiangnan, Nexans, Prysmian, Shandong Wanda Cable, Anhui Hualing Cable, Baosheng, General Cable, Havells, Henan Huadong Cable, Henan Jinshui Cable, Henan Tano, Jiangsu Shangshang Cable, Jiangyang Cable, Luoyang Da Yuan Cable Factory, Shanghai Shenghua Cable, Suli, TBEA Shandong Luneng Taishan Cable, Wanma Cable, Zhengzhou Yifang 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
      • Table Comparison of various sheathing materials
      • Table Power generation (GW) and consumption (TWh) in China 2014
      • Table Market size and revenue 2015-2020
  • Market landscape
    • Market overview
      • Table Segmentation of power cable market in China
    • Market size and forecast
      • Table kWh and GDP per capita comparison in China 2010-2014
      • Table Change in China's power scenario 2014-2015 (%)
      • Table Power cables market in China 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Market overview
      • Table Power cables market in China by technology 2015 and 2020
    • Power cables market in China by UHV
      • Market size and forecast
        • Table UHV power cables market in China 2016-2020 (Ckm)
        • Table Benefits of UHV lines over others
    • Power cables market in China by others
      • Table Others segment market 2015-2020 (in million Ckm)
  • Market segmentation by product
    • Market overview
      • Table Power cables market in China by product segmentation 2015-2020
    • Power cables market in China by distribution
      • Market size and forecast
        • Table Distribution lines market in China 2015-2020 (in million Ckm)
        • Table Breakup of distribution lines into MV and HV in China
    • Power cables market in China by transmission
      • Table Transmission cables market 2015-2020 (in CKm)
  • Market drivers
    • Smart grid implementation
    • Focus on renewables to effect changes in energy mix
      • Table Planned shift in energy mix 2010 and 2020
      • Table Solar PV capacity additions: Top 10 countries 2015 (GW)
      • Table Wind power capacity additions: 2015 (GW)
    • Reforms to break state monopoly in power sales
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Wind power curtailment challenges
      • Table Regions facing wind power curtailment issues
    • Controversy over UHV transmission
      • Table Operational UHV circuits 2016
      • Table Under construction UHV networks
      • Table UHV issues
    • Energy poverty: Heavy reliance on solid fuels
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Renewable cable protection systems
    • Self-healing networks for distribution
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Far East Cable Company
      • Table Far East Cable Company: Business segmentation
      • Table Far East Cable Company: Product portfolio
      • Table Far East Cable Company: SWOT analysis
    • Jiangnan Group
      • Table Jiangnan Group: Business segmentation
      • Table Jiangnan Group: Product portfolio
      • Table Jiangnan Group: SWOT analysis
    • Nexans
      • Table Nexans: Business segmentation
      • Table Nexans: Product portfolio
      • Table Nexans: SWOT analysis
    • Prysmian
      • Table Prysmian: Business segmentation Prysmian
      • Table Prysmian: Product portfolio
      • Table Prysmian: SWOT analysis
    • Shandong Wanda Cable
      • Table Shandong Wanda Cable: Business segmentation
      • Table Shandong Wanda Cable: Product portfolio
      • Table Shandong Wanda Cable: SWOT analysis
  • Appendix
    • List of abbreviations
  • Explore Technavio

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