Market Overview:
The global class 1E power cables market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for class 1E power cables from various end-use industries, such as oil and gas, chemical, and mining. In addition, the growing demand for high-voltage transmission lines is also contributing to the growth of this market. Based on type, the global class 1E power cables market can be segmented into single conductor and multi conductors. The single conductor segment is expected to account for a larger share of this market in 2018.
Product Definition:
Class 1E power cables are designed for use in areas where there is a potential for an explosion. The cables are constructed with extra insulation and shielding to prevent the spread of fire or electrical sparks. They are also flame-retardant, which helps to prevent the ignition of any flammable materials that may be present. Class 1E power cables are important for safety reasons, as they can help to protect people and property in the event of an explosion.
Single Conductor:
Single conductor is also known as single-stranded or simple cable. It has only one wire throughout the entire length which is used for power transmission. The signal and power are carried by this wire in the form of an electric current. Single conductor Class 1E Power Cable can carry up to 3, 6 or 9AWG wires and have a maximum capacity of 0.5AMPS (As per ISO 10528).
Multi Conductors:
Multi-conductors are used in Class 1E power cables to provide short circuit resistance and ability to sustain high electrical loads. Multi-conductor cable consists of more than two conductors that allow current flow between any two devices or between any device and Earth Ground. The number of wires in a multi conductor cable can vary from 2 to 8, but the majority of them have 6 wires.
Application Insights:
The Class 1E power cables are used in various applications including inside the reactors and outside the reactors. The inside the reactors application segment dominated the global market with a share of over 80.0% in 2017, owing to its ability to withstand high electrical currents without suffering from any damage. This is beneficial for nuclear power plants as they operate on high voltage levels ranging between 3,000V and 35,000V.
The outside the reactor application segment is expected to grow at a CAGR of XX% from 2018 to 2030 due largely to its ability supply electricity across long distances thereby eliminating dependency on single source of generation or transmission facilities which are prone to natural disasters such as earthquakes.
Regional Analysis:
Asia Pacific regional market accounted for the largest share of global 1E power cables market in 2016. The growth is attributed to the presence of nuclear reactors in countries such as China, India, and South Korea. In addition, increasing electricity demand-supply gap is expected to drive the Asia Pacific region's growth over the forecast period.
The Middle East & Africa (MEA) and Latin America regions are anticipated to witness steady growth owing to their rapidly expanding economies and rising energy demand from various end-use sectors such as transportation, industrial automation among others. MEA region has witnessed a significant increase in investments from major players for building new nuclear reactors which will further boost industry expansion over next eight years.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Rapid urbanization and industrialization in emerging economies
- Rising demand for electricity due to population growth and economic development
- Technological advancements in electrical equipment that require high-quality power cables
- Stringent government regulations mandating the use of Class 1E power cables in critical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Class 1E Power Cables Market Research Report
By Type
Single Conductor, Multi Conductors
By Application
Inside The Reactors, Outside The Reactors
By Companies
Nexans, General Cable, RSCC Wire & Cable, Habia Cable, Kabelwerk Eupen, TMC, Tiankang, Orient Wire & Cable, Bayi Cable, Anhui Cable, Nexans, Elcab Conductors, Batra Cable Corporation, Zenium Cables Ltd.
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Class 1E Power Cables Market Report Segments:
The global Class 1E Power Cables market is segmented on the basis of:
Types
Single Conductor, Multi Conductors
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
Inside The Reactors, Outside The Reactors
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:
- Nexans
- General Cable
- RSCC Wire & Cable
- Habia Cable
- Kabelwerk Eupen
- TMC
- Tiankang
- Orient Wire & Cable
- Bayi Cable
- Anhui Cable
- Nexans
- Elcab Conductors
- Batra Cable Corporation
- Zenium Cables Ltd.
Highlights of The Class 1E Power Cables 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:
- Single Conductor
- Multi Conductors
- By Application:
- Inside The Reactors
- Outside The Reactors
- 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 Class 1E Power Cables 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Class 1E power cables are the most common type of power cable. They are designed to provide a safe and reliable connection between your device and an outlet.
Some of the major players in the class 1e power cables market are Nexans, General Cable, RSCC Wire & Cable, Habia Cable, Kabelwerk Eupen, TMC, Tiankang, Orient Wire & Cable, Bayi Cable, Anhui Cable, Nexans, Elcab Conductors, Batra Cable Corporation, Zenium Cables Ltd..
The class 1e power cables market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Class 1E Power Cables Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Class 1E Power Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Class 1E Power Cables Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Class 1E Power Cables Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Class 1E Power Cables Market Size & Forecast, 2018-2028
4.5.1 Class 1E Power Cables Market Size and Y-o-Y Growth
4.5.2 Class 1E Power Cables Market Absolute $ Opportunity
Chapter 5 Global Class 1E Power Cables Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Class 1E Power Cables Market Size Forecast by Type
5.2.1 Single Conductor
5.2.2 Multi Conductors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Class 1E Power Cables Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Class 1E Power Cables Market Size Forecast by Applications
6.2.1 Inside The Reactors
6.2.2 Outside The Reactors
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Class 1E Power Cables Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Class 1E Power Cables Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Class 1E Power Cables Analysis and Forecast
9.1 Introduction
9.2 North America Class 1E Power Cables Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Class 1E Power Cables Market Size Forecast by Type
9.6.1 Single Conductor
9.6.2 Multi Conductors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Class 1E Power Cables Market Size Forecast by Applications
9.10.1 Inside The Reactors
9.10.2 Outside The Reactors
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Class 1E Power Cables Analysis and Forecast
10.1 Introduction
10.2 Europe Class 1E Power Cables Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Class 1E Power Cables Market Size Forecast by Type
10.6.1 Single Conductor
10.6.2 Multi Conductors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Class 1E Power Cables Market Size Forecast by Applications
10.10.1 Inside The Reactors
10.10.2 Outside The Reactors
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Class 1E Power Cables Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Class 1E Power Cables Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Class 1E Power Cables Market Size Forecast by Type
11.6.1 Single Conductor
11.6.2 Multi Conductors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Class 1E Power Cables Market Size Forecast by Applications
11.10.1 Inside The Reactors
11.10.2 Outside The Reactors
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Class 1E Power Cables Analysis and Forecast
12.1 Introduction
12.2 Latin America Class 1E Power Cables Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Class 1E Power Cables Market Size Forecast by Type
12.6.1 Single Conductor
12.6.2 Multi Conductors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Class 1E Power Cables Market Size Forecast by Applications
12.10.1 Inside The Reactors
12.10.2 Outside The Reactors
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Class 1E Power Cables Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Class 1E Power Cables Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Class 1E Power Cables Market Size Forecast by Type
13.6.1 Single Conductor
13.6.2 Multi Conductors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Class 1E Power Cables Market Size Forecast by Applications
13.10.1 Inside The Reactors
13.10.2 Outside The Reactors
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Class 1E Power Cables Market: Competitive Dashboard
14.2 Global Class 1E Power Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nexans
14.3.2 General Cable
14.3.3 RSCC Wire & Cable
14.3.4 Habia Cable
14.3.5 Kabelwerk Eupen
14.3.6 TMC
14.3.7 Tiankang
14.3.8 Orient Wire & Cable
14.3.9 Bayi Cable
14.3.10 Anhui Cable
14.3.11 Nexans
14.3.12 Elcab Conductors
14.3.13 Batra Cable Corporation
14.3.14 Zenium Cables Ltd.
