The global mineral insulated 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. The growth of this market can be attributed to the increasing demand for mineral insulated power cables in various applications such as buildings, power plants and manufacturing factories. Mineral insulated cables are used in these applications due to their high thermal conductivity and low dielectric constant which helps in reducing the heat loss and voltage drop respectively.
The single core segment is expected to account for a significant share of the global mineral insulated power cable market during the forecast period owing to its wide application across various industries such as buildings, power plants and manufacturing factories. The multi-core segment is also expected to witness significant growth during the forecast period owing to its use in high voltage transmission lines which require multiple cores for carrying electricity from one point of generation or distribution system to another point without any interruption or interference with other electrical equipment present on that line.
Some Of The Growth Factors Of This Market:
- Increasing demand for power cables in emerging economies such as India and China is one of the major factors driving the growth of this market.
- The increasing need for power transmission and distribution networks in developing countries is also driving the growth of this market.
- Increasing investments by governments in infrastructure development projects are also contributing to the growth of this market, as they require more power cables for transmission and distribution networks which will lead to an increase in demand for mineral insulated power cable products over time .
Industry Growth Insights published a new data on “Mineral Insulated Power Cable Market”. The research report is titled “Mineral Insulated Power Cable Market research by Types (Single Core, Multi Core), By Applications (Buildings, Power Plant and Manufacturing Factory, Others), By Players/Companies Raychem HTS, Emerson, ABB, SST, Thermon, Bartec, KME, TEC, Baosheng, Uncomtech, Wrexham, Mil GmbH, Yuancheng Cable, Watlow, Ari Industries, Chromalox, MiCable Technologies, Eltherm, Hanhe Cable, OMEGA, Conax Technologies”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Insulated Power Cable Market Research Report
By Type
Single Core, Multi Core
By Application
Buildings, Power Plant and Manufacturing Factory, Others
By Companies
Raychem HTS, Emerson, ABB, SST, Thermon, Bartec, KME, TEC, Baosheng, Uncomtech, Wrexham, Mil GmbH, Yuancheng Cable, Watlow, Ari Industries, Chromalox, MiCable Technologies, Eltherm, Hanhe Cable, OMEGA, Conax Technologies
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Insulated Power Cable Market Report Segments:
The global Mineral Insulated Power Cable market is segmented on the basis of:
Types
Single Core, Multi Core
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
Buildings, Power Plant and Manufacturing Factory, 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:
- Raychem HTS
- Emerson
- ABB
- SST
- Thermon
- Bartec
- KME
- TEC
- Baosheng
- Uncomtech
- Wrexham
- Mil GmbH
- Yuancheng Cable
- Watlow
- Ari Industries
- Chromalox
- MiCable Technologies
- Eltherm
- Hanhe Cable
- OMEGA
- Conax Technologies
Highlights of The Mineral Insulated 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:
- Single Core
- Multi Core
- By Application:
- Buildings
- Power Plant and Manufacturing Factory
- 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 Mineral Insulated 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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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?
A mineral insulated power cable is a type of electrical cable that uses mineral insulation. Mineral insulation is made up of small, hard particles that are suspended in a liquid or gas. The small size of the particles makes them very effective at preventing electricity from passing through them, which makes this type of cable an excellent choice for applications where high levels of reliability are required.
Some of the major players in the mineral insulated power cable market are Raychem HTS, Emerson, ABB, SST, Thermon, Bartec, KME, TEC, Baosheng, Uncomtech, Wrexham, Mil GmbH, Yuancheng Cable, Watlow, Ari Industries, Chromalox, MiCable Technologies, Eltherm, Hanhe Cable, OMEGA, Conax Technologies.
The mineral insulated power cable market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mineral Insulated 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. Mineral Insulated 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. Mineral Insulated Power Cable Market - Supply Chain
4.5. Global Mineral Insulated Power Cable Market Forecast
4.5.1. Mineral Insulated Power Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mineral Insulated Power Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mineral Insulated Power Cable Market Absolute $ Opportunity
5. Global Mineral Insulated 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. Mineral Insulated Power Cable Market Size and Volume Forecast by Type
5.3.1. Single Core
5.3.2. Multi Core
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mineral Insulated 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. Mineral Insulated Power Cable Market Size and Volume Forecast by Application
6.3.1. Buildings
6.3.2. Power Plant and Manufacturing Factory
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mineral Insulated 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. Mineral Insulated 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 Mineral Insulated 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. Mineral Insulated 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 Mineral Insulated Power Cable Demand Share Forecast, 2019-2026
9. North America Mineral Insulated 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 Mineral Insulated 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 Mineral Insulated Power Cable Market Size and Volume Forecast by Application
9.4.1. Buildings
9.4.2. Power Plant and Manufacturing Factory
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mineral Insulated Power Cable Market Size and Volume Forecast by Type
9.7.1. Single Core
9.7.2. Multi Core
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 Mineral Insulated Power Cable Demand Share Forecast, 2019-2026
10. Latin America Mineral Insulated 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 Mineral Insulated 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 Mineral Insulated Power Cable Market Size and Volume Forecast by Application
10.4.1. Buildings
10.4.2. Power Plant and Manufacturing Factory
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mineral Insulated Power Cable Market Size and Volume Forecast by Type
10.7.1. Single Core
10.7.2. Multi Core
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 Mineral Insulated Power Cable Demand Share Forecast, 2019-2026
11. Europe Mineral Insulated 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 Mineral Insulated 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 Mineral Insulated Power Cable Market Size and Volume Forecast by Application
11.4.1. Buildings
11.4.2. Power Plant and Manufacturing Factory
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mineral Insulated Power Cable Market Size and Volume Forecast by Type
11.7.1. Single Core
11.7.2. Multi Core
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 Mineral Insulated Power Cable Demand Share, 2019-2026
12. Asia Pacific Mineral Insulated 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 Mineral Insulated 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 Mineral Insulated Power Cable Market Size and Volume Forecast by Application
12.4.1. Buildings
12.4.2. Power Plant and Manufacturing Factory
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mineral Insulated Power Cable Market Size and Volume Forecast by Type
12.7.1. Single Core
12.7.2. Multi Core
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 Mineral Insulated Power Cable Demand Share, 2019-2026
13. Middle East & Africa Mineral Insulated 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 Mineral Insulated 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 Mineral Insulated Power Cable Market Size and Volume Forecast by Application
13.4.1. Buildings
13.4.2. Power Plant and Manufacturing Factory
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mineral Insulated Power Cable Market Size and Volume Forecast by Type
13.7.1. Single Core
13.7.2. Multi Core
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 Mineral Insulated Power Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mineral Insulated Power Cable Market: Market Share Analysis
14.2. Mineral Insulated Power Cable Distributors and Customers
14.3. Mineral Insulated Power Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Raychem HTS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Emerson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SST
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bartec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KME
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TEC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Baosheng
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Uncomtech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wrexham
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mil GmbH
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yuancheng Cable
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Watlow
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ari Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Chromalox
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MiCable Technologies
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Eltherm
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hanhe Cable
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. OMEGA
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
