Dublin, Dec. 10, 2019 (GLOBE NEWSWIRE) -- 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.

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.

Competitive Landscape

The report has also analyzed the competitive landscape of the market with some of the key players being Prysmian Group, Nexans, General Cable, ABB, Sumitomo Electric Industries, NKT, Encore Wire Corporation, Finolex Cables, TE Connectivity, Caledonian Cables, Polycab Wires, Leoni, Southwire, Wanda Group, Hangzhou Cable, etc.

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

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
6.2 Underground

7 Market Breakup by Material
7.1 Copper
7.2 Aluminum

8 Market Breakup by Overhead Product
8.1 Conductors
8.2 Fittings and Fixtures
8.3 Others

9 Market Breakup by Underground Product
9.1 PVC Cables
9.2 XLPE Cables
9.3 Cable Terminations
9.4 Cable Joints
9.5 Others

10 Market Breakup by End-User
10.1 Infrastructure
10.2 Industrial
10.3 Renewables

11 Market Breakup by Region
11.1 Asia-Pacific
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/mgzglb

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