The global electric power cable market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for electric power cables in developing countries such as India and China, which are witnessing rapid economic growth and industrialization.
Low voltage cable segment accounted for the largest share of the global electric power cable market in 2018, followed by medium and low voltage cables segment. Low voltage cables are used for distribution purposes while medium and low voltage cables are used for transmission purposes. High voltage cables are used for transmission purposes only while extra high voltage cables are used mainly in UHV applications such as high-voltage direct current (HVDC) lines or submarine HVDC lines that transmit electricity over long distances without any conversion losses due to their higher voltages than conventional AC lines with voltages up to 800 kV or more.
5a)The increasing use of electric vehicles (EVs) will drive demand for high-voltage cables, which are used in EV charging stations; this will be one of the fastest-growing segments within this market over the next five years, with an estimated CAGR (compound annual growth rate) exceeding 10%.
5b)The increased use of low-voltage cables in residential buildings will also drive demand for these products over time; low-voltage cables are used primarily in residential buildings where they connect appliances such as televisions or computers to electrical outlets or other devices that require electricity.
Some Of The Growth Factors Of This Market:
- The increasing demand for electricity in developing countries is a major factor driving the growth of the electric power cable market.
- The need to replace aging infrastructure is also a key driver of the electric power cable market.
- Increasing investments in renewable energy sources such as solar and wind are also driving the growth of this market, as they require more cables to transmit electricity from these sources to end users.
- The growing need for smart grids that can monitor and control power distribution is another factor driving this market's growth, as it requires more cables to transmit data between different parts of the grid and end users' homes or businesses.
Industry Growth Insights published a new data on “Electric Power Cable Market”. The research report is titled “Electric Power Cable Market research by Types (Low Voltage Cable, Medium and Low Voltage Cable, High Voltage Cable, Extra High Voltage Cable, UHV Cable), By Applications (Power Transmission, Telecommunication, Refineries and Oil Rigs, Construction, Others), By Players/Companies Prysmian Group, Nexans SA, General Cable Technologies Corporation, Sumitomo Electric Industries, Fujikura, NKT AS, Encore Wire, Elmeridge Cables, Southwire Company”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Power Cable Market Research Report
By Type
Low Voltage Cable, Medium and Low Voltage Cable, High Voltage Cable, Extra High Voltage Cable, UHV Cable
By Application
Power Transmission, Telecommunication, Refineries and Oil Rigs, Construction, Others
By Companies
Prysmian Group, Nexans SA, General Cable Technologies Corporation, Sumitomo Electric Industries, Fujikura, NKT AS, Encore Wire, Elmeridge Cables, Southwire Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electric Power Cable Market Report Segments:
The global Electric Power Cable market is segmented on the basis of:
Types
Low Voltage Cable, Medium and Low Voltage Cable, High Voltage Cable, Extra High Voltage Cable, UHV Cable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Transmission, Telecommunication, Refineries and Oil Rigs, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Prysmian Group
- Nexans SA
- General Cable Technologies Corporation
- Sumitomo Electric Industries
- Fujikura
- NKT AS
- Encore Wire
- Elmeridge Cables
- Southwire Company
Highlights of The Electric Power Cable Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Voltage Cable
- Medium and Low Voltage Cable
- High Voltage Cable
- Extra High Voltage Cable
- UHV Cable
- By Application:
- Power Transmission
- Telecommunication
- Refineries and Oil Rigs
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Power Cable Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric power cable is a type of electrical cable used to transmit electric power from an electric utility source, such as a substation, to individual customers.
Some of the major players in the electric power cable market are Prysmian Group, Nexans SA, General Cable Technologies Corporation, Sumitomo Electric Industries, Fujikura, NKT AS, Encore Wire, Elmeridge Cables, Southwire Company.
The electric power cable market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Power Cable Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Power Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Power Cable Market - Supply Chain
4.5. Global Electric Power Cable Market Forecast
4.5.1. Electric Power Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Power Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Power Cable Market Absolute $ Opportunity
5. Global Electric Power Cable Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Power Cable Market Size and Volume Forecast by Type
5.3.1. Low Voltage Cable
5.3.2. Medium and Low Voltage Cable
5.3.3. High Voltage Cable
5.3.4. Extra High Voltage Cable
5.3.5. UHV Cable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Power Cable Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Power Cable Market Size and Volume Forecast by Application
6.3.1. Power Transmission
6.3.2. Telecommunication
6.3.3. Refineries and Oil Rigs
6.3.4. Construction
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Power Cable Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Power Cable Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Power Cable Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Power Cable Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Power Cable Demand Share Forecast, 2019-2026
9. North America Electric Power Cable Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Power Cable Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Power Cable Market Size and Volume Forecast by Application
9.4.1. Power Transmission
9.4.2. Telecommunication
9.4.3. Refineries and Oil Rigs
9.4.4. Construction
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Power Cable Market Size and Volume Forecast by Type
9.7.1. Low Voltage Cable
9.7.2. Medium and Low Voltage Cable
9.7.3. High Voltage Cable
9.7.4. Extra High Voltage Cable
9.7.5. UHV Cable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Power Cable Demand Share Forecast, 2019-2026
10. Latin America Electric Power Cable Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Power Cable Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Power Cable Market Size and Volume Forecast by Application
10.4.1. Power Transmission
10.4.2. Telecommunication
10.4.3. Refineries and Oil Rigs
10.4.4. Construction
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Power Cable Market Size and Volume Forecast by Type
10.7.1. Low Voltage Cable
10.7.2. Medium and Low Voltage Cable
10.7.3. High Voltage Cable
10.7.4. Extra High Voltage Cable
10.7.5. UHV Cable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Power Cable Demand Share Forecast, 2019-2026
11. Europe Electric Power Cable Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Power Cable Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Power Cable Market Size and Volume Forecast by Application
11.4.1. Power Transmission
11.4.2. Telecommunication
11.4.3. Refineries and Oil Rigs
11.4.4. Construction
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Power Cable Market Size and Volume Forecast by Type
11.7.1. Low Voltage Cable
11.7.2. Medium and Low Voltage Cable
11.7.3. High Voltage Cable
11.7.4. Extra High Voltage Cable
11.7.5. UHV Cable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Power Cable Demand Share, 2019-2026
12. Asia Pacific Electric Power Cable Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Power Cable Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Power Cable Market Size and Volume Forecast by Application
12.4.1. Power Transmission
12.4.2. Telecommunication
12.4.3. Refineries and Oil Rigs
12.4.4. Construction
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Power Cable Market Size and Volume Forecast by Type
12.7.1. Low Voltage Cable
12.7.2. Medium and Low Voltage Cable
12.7.3. High Voltage Cable
12.7.4. Extra High Voltage Cable
12.7.5. UHV Cable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Power Cable Demand Share, 2019-2026
13. Middle East & Africa Electric Power Cable Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Power Cable Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Power Cable Market Size and Volume Forecast by Application
13.4.1. Power Transmission
13.4.2. Telecommunication
13.4.3. Refineries and Oil Rigs
13.4.4. Construction
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Power Cable Market Size and Volume Forecast by Type
13.7.1. Low Voltage Cable
13.7.2. Medium and Low Voltage Cable
13.7.3. High Voltage Cable
13.7.4. Extra High Voltage Cable
13.7.5. UHV Cable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Power Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Power Cable Market: Market Share Analysis
14.2. Electric Power Cable Distributors and Customers
14.3. Electric Power Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prysmian Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nexans SA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Cable Technologies Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Electric Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fujikura
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NKT AS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Encore Wire
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Elmeridge Cables
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Southwire Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
