Dec 6, 2019   SOURCE: BusinessWire

Global Low Voltage Cable Market Expected to Grow by Around 6% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

The "Low Voltage Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global low voltage cable market is expected to grow at a CAGR of around 6% during 2019-2024.

Low voltage (LV) cables are used for transferring power to electrical equipment that has a small voltage rating. They can handle 50-1000 volts in case of alternating current and between 75-1500 volts of direct current. These cables are manufactured using solid or stranded aluminum and flexible copper conductors. High-quality LV cables are halogen-free, fire-resistant and ensure efficient use of energy, quicker data transfer and seamless operations. LV cables are primarily used for low-stress applications in automation systems, infrastructure, video surveillance, sounds and security alarms, etc.

The rising energy demand and incorporation of smart grid networks across the globe are the key factors driving the growth of the market. The growing need for uninterrupted power supply in various industries has increased power generation, distribution and transmission across various regions, which is resulting in enhanced utilization of LV cables. They are also used in the nacelle of wind turbines to connect the transformer to the low-voltage generator.

The rising trend of incorporating renewable energy resources in the power generation process is also expected to drive the market further. There has been a rise in the demand for efficient power transmission equipment that can be integrated with smart devices on account of the burgeoning population, along with growing urbanization and digitalization. Furthermore, smart grids and other power systems use automated electronic hardware and software such as switches, relays and meters that require LV cables as they enable smooth functioning and controlling of the operational processes of the network.

Key Questions Answered in This Report:

  • How has the global low voltage cable market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global low voltage cable industry?
  • What is the breakup of the market based on the installation type?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the overhead product?
  • What is the breakup of the market based on the underground product?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the global low voltage cable industry?
  • What are the key driving factors and challenges in the global low voltage cable industry?
  • What is the structure of the global low voltage cable industry and who are the key players?
  • What is the degree of competition in the global low voltage cable industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Low Voltage Cable Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Installation Type

5.4 Market Breakup by Material

5.5 Market Breakup by Overhead Product

5.6 Market Breakup by Underground Product

5.7 Market Breakup by End-User

5.8 Market Breakup by Region

5.9 Market Forecast

6 Market Breakup by Installation Type

6.1 Overhead

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Underground

7 Market Breakup by Material

7.1 Copper

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Aluminum

8 Market Breakup by Overhead Product

8.1 Conductors

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Fittings and Fixtures

8.3 Others

9 Market Breakup by Underground Product

9.1 PVC Cables

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 XLPE Cables

9.3 Cable Terminations

9.4 Cable Joints

9.5 Others

10 Market Breakup by End-User

10.1 Infrastructure

10.1.1 Market Trends

10.1.2 Major End-Use Segments

10.1.2.1 Commercial and Residential

10.1.2.2 Transportation

10.1.2.3 Others

10.1.3 Market Forecast

10.2 Industrial

10.2.1 Market Trends

10.2.2 Major End-Use Segments

10.2.2.1 Utilities

10.2.2.2 Oil and Gas

10.2.2.3 Mining

10.2.2.4 Chemicals and Petrochemicals

10.2.2.5 Others

10.2.3 Market Forecast

10.3 Renewables

10.3.1 Market Trends

10.3.2 Market Breakup by Segment

10.3.2.1 Wind

10.3.2.2 Solar

10.3.3 Market Forecast

11 Market Breakup by Region

11.1 Asia Pacific

11.1.1 Market Trends

11.1.2 Market Forecast

11.2 Europe

11.3 North America

11.4 Middle East and Africa

11.5 Latin America

12 SWOT Analysis

12.1 Overview

12.2 Strengths

12.3 Weaknesses

12.4 Opportunities

12.5 Threats

13 Value Chain Analysis

14 Porter's Five Forces Analysis

14.1 Overview

14.2 Bargaining Power of Buyers

14.3 Bargaining Power of Suppliers

14.4 Degree of Competition

14.5 Threat of New Entrants

14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

16.3.1 Prysmian Group

16.3.2 Nexans

16.3.3 General Cable

16.3.4 ABB

16.3.5 Sumitomo Electric Industries

16.3.6 NKT

16.3.7 Encore Wire Corporation

16.3.8 Finolex Cables

16.3.9 TE Connectivity

16.3.10 Caledonian Cables

16.3.11 Polycab Wires

16.3.12 Leoni

16.3.13 Southwire

16.3.14 Wanda Group

16.3.15 Hangzhou Cable

For more information about this report visit https://www.researchandmarkets.com/r/wb94g2