Dublin, March 27, 2019 (GLOBE NEWSWIRE) -- The "Energy Cable Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global energy cable market is expected to reach an estimated $128.7 billion by 2023 and is forecast to grow at a CAGR of 5.2% from 2018 to 2023.
The future of the energy cable market looks attractive with opportunities in the utilities, industrial, residential, and commercial sectors. The major growth drivers for this market are growth in electricity consumption due to industrialization, urbanization, electrification of rural areas, and increasing construction activities.
Emerging trends, which have a direct impact on the energy cable dynamics of the industry, include the deployment of superconductors in power cables for improved performance and electron beam cross-linking of power cable for durability and high current carrying capacity.
The researchers forecast that low voltage cable is expected to remain the largest segment due to growth in construction as well as the automotive sector, especially in China and India. High voltage cable is expected to witness the highest growth in the forecast period supported by increasing investment on renewable power generation sources and ultra-high voltage transmission lines.
Within the energy cable market, utilities are expected to remain the largest end-use market due to the continuous expansion in electrical infrastructure to fulfill growing electricity demand. The residential segment is expected to witness the highest growth in the forecast period supported by increasing construction activities and increasing demand for heating, cooling, and air-conditioning (HVAC) equipment.
Asia Pacific is expected to remain the largest market and is also expected to witness the highest growth over the forecast period. Economic expansion, industrialization, urbanization, and rural electrification projects, particularly in India and China, are leading the demand for energy cables.
Some of the energy cable companies profiled in this report include Prysmian Group, Nexans S.A., Leoni AG, NKT S/A, Sumitomo Electric Industries Ltd, Encore Wire Corporation, and Southwire are among the major suppliers of energy cable.
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Global Energy Cable Market Trends and Forecast
3.3: Global Energy Cable Market by Voltage Type
3.3.1: Low Voltage (less than 1kV)
3.3.2: Medium Voltage ( greater than 1kV and less than 33kV)
3.3.3: High Voltage ( above 33kV)
3.4: Global Energy Cable Market by End Use Industry
3.4.1: Utilities
3.4.2: Industrial
3.4.3: Residential
3.4.4: Commercial
3.5: Global Energy Cable Market by Product Type
3.5.1: Power Cables
3.5.2: Low Voltage
4. Market Trends and Forecast Analysis by Region
4.1: Global Energy Cable Market by Region
4.2: North American Energy Cable Market
4.2.1: Market by Voltage Type: Low Voltage Cables, Medium Voltage Cables, and High Voltage Cables
4.2.2:Market by End Use Industry: Utilities, Industrial, Residential, and Commercial
4.2.3: The United States Energy Cable Market
4.2.4: Canadian Energy Cable Market
4.2.5: Mexican Energy Cable Market
4.3: European Energy Cable Market
4.3.1: Market by Voltage Type: Low Voltage Cables, Medium Voltage Cables, and High Voltage Cables
4.3.2: Market by End Use Industry: Utilities, Industrial, Residential, and Commercial
4.3.3: German Energy Cable Market
4.3.4: Russian Energy Cable Market
4.3.5: The United Kingdom Energy Cable Market
4.3.6: French Energy Cable Market
4.3.7: Italian Energy Cable Market
4.4: APAC Energy Cable Market
4.4.1: Market by Voltage Type: Low Voltage Cables, Medium Voltage Cables, and High Voltage Cables
4.4.2: Market by End Use Industry: Utilities, Industrial, Residential, and Commercial
4.4.3: Chinese Energy Cable Market
4.4.4: Indian Energy Cable Market
4.4.5: Japanese Energy Cable Market
4.4.6: South Korean Energy Cable Market
4.5: ROW Energy Cable Market
4.5.1: Market by Voltage Type: Low Voltage Cables, Medium Voltage Cables, and High Voltage Cables
4.5.2: Market by End Use Industry: Utilities, Industrial, Residential, and Commercial
4.5.3: Brazilian Energy Cable Market
4.5.4: Saudi Arabian Energy Cable Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Energy Cable Market by Voltage Type
6.1.2: Growth Opportunities for the Global Energy Cable Market by End Use Industry
6.1.3: Growth Opportunities for the Global Energy Cable Market by Product Type
6.1.4: Growth Opportunities for the Global Energy Cable Market by Region
6.2: Emerging Trends of the Global Energy Cable Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Power Cable Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Power Cable Market
6.3.4: Certifications and Licensing
6.3.5: Technology Development
7. Company Profiles of Leading Players
7.1: Prysmian Group
7.2: Nexans S.A.
7.3: General Cable Corporation
7.4: Leoni AG
7.5: NKT A/S
7.6: Sumitomo Electric Industries
7.7: Encore Wire Corporation
7.8: KEI Industries Limited
7.9: Southwire
For more information about this report visit https://www.researchandmarkets.com/research/zc5p5s/global_energy?w=12
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