Market Overview:
The global XLPE insulated 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 electricity and rising investments in renewable energy sources. In addition, the growing infrastructure development across the globe is also fueling the demand for XLPE insulated cables. Based on type, low voltage cable segment is projected to lead the global XLPE insulated cables market during forecast period. This can be attributed to increasing installation of low voltage systems in residential and commercial buildings across different regions. Low voltage cable are used for internal wiring within a building or home and are typically rated up to 600 volts AC or less. Based on application, utility segment is projected to lead the global XLPE insulated cables market during forecast period owing high adoption rate of these cables for transmission.
Product Definition:
XLPE insulated cables are a type of cable that uses XLPE insulation. This insulation is a cross-linked polyethylene, which is a type of plastic. This insulation offers many benefits over other types of insulation, including being able to withstand high temperatures and being resistant to corrosion. XLPE insulated cables are used in many different applications, including power transmission and distribution, telecommunications, and instrumentation.
Low Voltage Cable:
Low voltage cable is a type of electrical insulation cable which consists of two conductors and an insulating layer. The conductors are usually made from copper or aluminum and the insulating layer can be made from plastic, rubber, or foam. XLPE insulated cables have become very popular in recent years owing to their cost effectiveness as compared to other PVC insulated cables.
Medium Voltage Cable:
Medium voltage cable (MV cable) is a type of electrical insulation cables which are used for power transmission between electric equipment in commercial and industrial applications.
Single-core MV Cable: This type of insulated cable consists of one layer of insulation, which is made up from plastic or rubber. The core portion of the wire is hollow and filled with an insulating material such as polyvinyl chloride or thermoplastic elastomer.
Application Insights:
The utility application segment accounted for the largest share of over 50% in 2017. The segment is expected to witness significant growth on account of increasing demand for power, coupled with technological advancements such as grid expansion and new projects.
Utility applications include HVAC (heating, ventilation and cooling), lighting, fire protection systems and communication networks among others. Demand from the utility sector is driven by factors such as growing population along with rising per capita income in countries including China India Japan among others will drive demand over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing infrastructure spending coupled with rising industrialization in emerging economies such as China, India, Indonesia, Malaysia and Thailand.
The Asia Pacific XLPE insulated cables market is dominated by utility applications owing to growing demand from residential consumers coupled with an increase in government initiatives pertaining to energy conservation. Increasing investments by foreign players are also anticipated to boost growth across this region during the forecast period. For instance, In 2016; Siemens AG invested USD X billion for setting up a power generation plant using XLPE insulated cable technology at Barauni (Bihar) in India.
Europe held a significant share of global industry demand due to high penetration levels of wind farms along with other renewable energy projects across countries such as Germany.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Growing demand for energy efficient and environment-friendly cables
- Rising investments in power transmission and distribution projects
- Proliferation of smart grids and increasing use of renewable energy sources
- Technological advancements in XLPE insulated cables
Scope Of The Report
Report Attributes
Report Details
Report Title
XLPE Insulated Cables Market Research Report
By Type
Low Voltage Cable, Medium Voltage Cable, High Voltage Cable
By Application
Utility, Industrial, Wind and Solar
By Companies
LS Cable & System, Prysmian, Nexans, General Cable, Sumitomo Electric, Southwire, Furukawa Electric, Riyadh Cable, Elsewedy Electric, Condumex, LS Cable & System, FarEast Cable, Shangshang Cable, Keystone Cable
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global XLPE Insulated Cables Market Report Segments:
The global XLPE Insulated Cables market is segmented on the basis of:
Types
Low Voltage Cable, Medium Voltage Cable, High Voltage 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
Utility, Industrial, Wind and Solar
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:
- LS Cable & System
- Prysmian
- Nexans
- General Cable
- Sumitomo Electric
- Southwire
- Furukawa Electric
- Riyadh Cable
- Elsewedy Electric
- Condumex
- LS Cable & System
- FarEast Cable
- Shangshang Cable
- Keystone Cable
Highlights of The XLPE Insulated 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:
- Low Voltage Cable
- Medium Voltage Cable
- High Voltage Cable
- By Application:
- Utility
- Industrial
- Wind and Solar
- 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 XLPE Insulated 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?
XLPE insulated cables are a type of cable that is made from ethylene propylene ethyleneterephthalate (EPE) insulation. This insulation is a thermoplastic polymer that has excellent electrical and thermal properties. XLPE insulated cables are often used in applications where high temperatures or voltages are present, such as power lines, telecommunications systems, and industrial applications.
Some of the key players operating in the xlpe insulated cables market are LS Cable & System, Prysmian, Nexans, General Cable, Sumitomo Electric, Southwire, Furukawa Electric, Riyadh Cable, Elsewedy Electric, Condumex, LS Cable & System, FarEast Cable, Shangshang Cable, Keystone Cable.
The xlpe insulated cables market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 XLPE Insulated 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 XLPE Insulated Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 XLPE Insulated 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 XLPE Insulated 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 XLPE Insulated Cables Market Size & Forecast, 2020-2028
4.5.1 XLPE Insulated Cables Market Size and Y-o-Y Growth
4.5.2 XLPE Insulated Cables Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Low Voltage Cable
5.2.2 Medium Voltage Cable
5.2.3 High Voltage Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Utility
6.2.2 Industrial
6.2.3 Wind and Solar
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global XLPE Insulated 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 XLPE Insulated 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Low Voltage Cable
9.6.2 Medium Voltage Cable
9.6.3 High Voltage 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 Market Size Forecast by Applications
9.10.1 Utility
9.10.2 Industrial
9.10.3 Wind and Solar
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Low Voltage Cable
10.6.2 Medium Voltage Cable
10.6.3 High Voltage 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 Market Size Forecast by Applications
10.10.1 Utility
10.10.2 Industrial
10.10.3 Wind and Solar
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Low Voltage Cable
11.6.2 Medium Voltage Cable
11.6.3 High Voltage 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 Market Size Forecast by Applications
11.10.1 Utility
11.10.2 Industrial
11.10.3 Wind and Solar
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Low Voltage Cable
12.6.2 Medium Voltage Cable
12.6.3 High Voltage 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 Market Size Forecast by Applications
12.10.1 Utility
12.10.2 Industrial
12.10.3 Wind and Solar
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Low Voltage Cable
13.6.2 Medium Voltage Cable
13.6.3 High Voltage 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) Market Size Forecast by Applications
13.10.1 Utility
13.10.2 Industrial
13.10.3 Wind and Solar
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 XLPE Insulated Cables Market: Competitive Dashboard
14.2 Global XLPE Insulated Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LS Cable & System
14.3.2 Prysmian
14.3.3 Nexans
14.3.4 General Cable
14.3.5 Sumitomo Electric
14.3.6 Southwire
14.3.7 Furukawa Electric
14.3.8 Riyadh Cable
14.3.9 Elsewedy Electric
14.3.10 Condumex
14.3.11 LS Cable & System
14.3.12 FarEast Cable
14.3.13 Shangshang Cable
14.3.14 Keystone Cable
