The global low voltage cable market size is anticipated to register a significant CAGR of around 7% during the forecast period 2021 to 2027. The expansion of the electric distribution networks and the growing urbanization across the globe are some of the major factors to drive the market growth. Furthermore, the growth in industrialization, robust growth in the renewable energy sector, and government initiatives are further expected to boost the market growth over the forecast period. Moreover, the rising demand for energy, growing infrastructural activities, and the adoption of advanced technologies are expected to propel the market. However, the fluctuating raw material prices, delay in electric distribution projects, and slow economic growth are some factors to restrain the market growth.
The report titled "Low Voltage Cable Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Low Voltage Cable industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Low Voltage Cable market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Low Voltage Cable Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Data Low Voltage Cable Market Segmentation:
By Installation:
- Overhead
- Underground
By Voltage:
- 1V-240V
- 241V-440V
- 441V-1000V
By End-Use:
- Infrastructure
- Industrial
- Renewables
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key Companies:
- Prysmian SpA
- KEI Industries Limited
- NKT A/S
- Cablel Hellenic Cables Group
- Brugg Kabel AG.
- Encore Wire Corporation
- Finolex Cables Ltd
- Nexans S.A.
- Polycab Wires Pvt. Ltd
- Riyadh Cables Group of Companies
Key Questions Answered by Low Voltage Cable Market Report
· Product popularity and adoption based on various country-level dynamics
· Regional presence and product development for leading market participants
· Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
· Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
· number of employees and market concentration, among others
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