Market Overview:
The global low voltage power cable 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 electricity and rising investments in infrastructure development across the globe. In terms of type, the ground cable segment is expected to lead the market during the forecast period, owing to its growing demand for underground cabling applications such as petroleum & natural gas, mining, wind power generation, and others. Asia Pacific is expected to be fastest-growing region in terms of revenue during the forecast period.
Product Definition:
A low voltage power cable is a type of electrical cable that is used to distribute low voltage power. Low voltage power cables are typically used to distribute power in residential and commercial settings. They are often used to provide power to appliances, lighting, and other electrical devices.
Ground Cable:
Ground cable is used in power cables and it's the part of an electric circuit that makes electrical connections from a source of electricity to the equipment or devices connected to it. The most common application for ground cable is in low voltage power cables which are widely used across various industries such as oil & gas, petrochemical, manufacturing, pharmaceuticals and paper mills among others.
Underground Cable:
Underground cable is a flexible electrical conductor that is made up of several layers of insulation and protective material. It is mainly used for power transmission and distribution in the low voltage range from one pole to another pole. The underground cable consists of an insulating layer, which holds the electric charge; this layer also prevents water or moisture entering into the system from short circuits or electrocution.
Application Insights:
The infrastructure application segment led the global low voltage power cable market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing government spending on various infrastructure projects across the globe. For instance, according to a study by rating agency S&P Global Ratings, around USD 3 trillion of electric power transmission & distribution investments are expected globally from 2016 to 2030, with China and India accounting for more than one-fourth of this investment volume.
Petroleum & natural gas accounted for 13% of the revenue share in 2017 owing to growing demand for LPG systems from countries such as Australia and Indonesia. The mining sector is also anticipated to witness considerable growth over the next eight years due primarilyto rising demand from emerging economies such as India and China that account for nearly 75% of global mining output at present time.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing electricity demand in emerging economies, such as China and India. In addition, rising investments in the development of power infrastructure are likely to drive the growth over the forecast period. For instance, according to IEEFA, China’s power industry suffered from chronic overcapacity and underutilization that resulted in huge losses for producers and distributors alike; however, through consolidation it has been able to improve operations across its supply chain.
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Growth Factors:
- Increasing demand from the construction and infrastructure sector
- Rapid urbanization and industrialization in developing countries
- Rising demand for energy efficient electrical systems
- Technological advancements in low voltage power cables
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage Power Cable Market Research Report
By Type
Ground Cable, Underground Cable
By Application
Infrastructure, Petroleum & Natural Gas, Mining, Wind Power Generation, Others
By Companies
Prysmian, Nexans, General Cable, Nkt Cables, ABB, Encore Wire, Finolex Cables, Bahra Advanced Cable Manufacture, Brugg Group, Caledonian Cables, Prysmian, Hebei New Baofeng Wire & Cable, Kabelwerk Eupen, Polycab Wires, Riyadh Cables, Southwire
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Low Voltage Power Cable Market Report Segments:
The global Low Voltage Power Cable market is segmented on the basis of:
Types
Ground Cable, Underground 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
Infrastructure, Petroleum & Natural Gas, Mining, Wind Power Generation, 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
- Nexans
- General Cable
- Nkt Cables
- ABB
- Encore Wire
- Finolex Cables
- Bahra Advanced Cable Manufacture
- Brugg Group
- Caledonian Cables
- Prysmian
- Hebei New Baofeng Wire & Cable
- Kabelwerk Eupen
- Polycab Wires
- Riyadh Cables
- Southwire
Highlights of The Low Voltage 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:
- Ground Cable
- Underground Cable
- By Application:
- Infrastructure
- Petroleum & Natural Gas
- Mining
- Wind Power Generation
- 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 Low Voltage 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.
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?
Low voltage power cables are used to provide power to devices that require a lower voltage than what is available from the wall outlet. These cables typically have a connector on one end and a plug on the other, making them easy to use.
Some of the key players operating in the low voltage power cable market are Prysmian, Nexans, General Cable, Nkt Cables, ABB, Encore Wire, Finolex Cables, Bahra Advanced Cable Manufacture, Brugg Group, Caledonian Cables, Prysmian, Hebei New Baofeng Wire & Cable, Kabelwerk Eupen, Polycab Wires, Riyadh Cables, Southwire.
The low voltage power cable 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 Low Voltage Power Cable 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 Low Voltage Power Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Voltage Power Cable 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 Low Voltage Power Cable 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 Low Voltage Power Cable Market Size & Forecast, 2018-2028
4.5.1 Low Voltage Power Cable Market Size and Y-o-Y Growth
4.5.2 Low Voltage Power Cable Market Absolute $ Opportunity
Chapter 5 Global Low Voltage Power Cable 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 Low Voltage Power Cable Market Size Forecast by Type
5.2.1 Ground Cable
5.2.2 Underground Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Voltage Power Cable 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 Low Voltage Power Cable Market Size Forecast by Applications
6.2.1 Infrastructure
6.2.2 Petroleum & Natural Gas
6.2.3 Mining
6.2.4 Wind Power Generation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Voltage Power Cable 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 Low Voltage Power Cable 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 Low Voltage Power Cable Analysis and Forecast
9.1 Introduction
9.2 North America Low Voltage Power Cable 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 Low Voltage Power Cable Market Size Forecast by Type
9.6.1 Ground Cable
9.6.2 Underground Cable
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 Low Voltage Power Cable Market Size Forecast by Applications
9.10.1 Infrastructure
9.10.2 Petroleum & Natural Gas
9.10.3 Mining
9.10.4 Wind Power Generation
9.10.5 Others
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 Low Voltage Power Cable Analysis and Forecast
10.1 Introduction
10.2 Europe Low Voltage Power Cable 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 Low Voltage Power Cable Market Size Forecast by Type
10.6.1 Ground Cable
10.6.2 Underground Cable
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 Low Voltage Power Cable Market Size Forecast by Applications
10.10.1 Infrastructure
10.10.2 Petroleum & Natural Gas
10.10.3 Mining
10.10.4 Wind Power Generation
10.10.5 Others
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 Low Voltage Power Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Voltage Power Cable 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 Low Voltage Power Cable Market Size Forecast by Type
11.6.1 Ground Cable
11.6.2 Underground Cable
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 Low Voltage Power Cable Market Size Forecast by Applications
11.10.1 Infrastructure
11.10.2 Petroleum & Natural Gas
11.10.3 Mining
11.10.4 Wind Power Generation
11.10.5 Others
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 Low Voltage Power Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Voltage Power Cable 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 Low Voltage Power Cable Market Size Forecast by Type
12.6.1 Ground Cable
12.6.2 Underground Cable
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 Low Voltage Power Cable Market Size Forecast by Applications
12.10.1 Infrastructure
12.10.2 Petroleum & Natural Gas
12.10.3 Mining
12.10.4 Wind Power Generation
12.10.5 Others
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) Low Voltage Power Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Voltage Power Cable 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) Low Voltage Power Cable Market Size Forecast by Type
13.6.1 Ground Cable
13.6.2 Underground Cable
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) Low Voltage Power Cable Market Size Forecast by Applications
13.10.1 Infrastructure
13.10.2 Petroleum & Natural Gas
13.10.3 Mining
13.10.4 Wind Power Generation
13.10.5 Others
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 Low Voltage Power Cable Market: Competitive Dashboard
14.2 Global Low Voltage Power Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prysmian
14.3.2 Nexans
14.3.3 General Cable
14.3.4 Nkt Cables
14.3.5 ABB
14.3.6 Encore Wire
14.3.7 Finolex Cables
14.3.8 Bahra Advanced Cable Manufacture
14.3.9 Brugg Group
14.3.10 Caledonian Cables
14.3.11 Prysmian
14.3.12 Hebei New Baofeng Wire & Cable
14.3.13 Kabelwerk Eupen
14.3.14 Polycab Wires
14.3.15 Riyadh Cables
14.3.16 Southwire
