Market Overview:
The global power and control 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 renewable energy sources. In addition, the growing industrial sector is also contributing to the growth of the market. The power cable segment is expected to dominate the global power and control cable market during the forecast period. This can be attributed to its high demand in utilities and industrial applications.
Product Definition:
A power and control cable is a type of electrical cable that is used to supply power and control signals to various devices. It is important for the reliable operation of these devices, as it ensures that they are supplied with the necessary power and signals.
Power Cable:
Power cable is a flexible insulated electrical conductor used to transmit electric power from one point to another. It consists of two conductors (one carrying the electricity, the other - the return path for the current) twisted together and then covered with an insulating layer. Power cables are widely used in buildings as well as on-site applications such as construction sites or agricultural areas where there is a need to run electric power from an external source of electricity to some equipment or machinery.
Control Cable:
The control cable is a flexible insulated electrical conductor that is used to connect the control unit to the power source and load. It plays an important role in electricity distribution as it helps in maintaining the voltage of power supply and also controls electric current flow. Control cables are available in different types, sizes, coatings, and configurations based on customer requirements.
Application Insights:
The utilities application segment accounted for the largest revenue share of over 50% in 2017. The growth is attributed to the growing demand for high-voltage power and control cables from major power generation plants, hydroelectric facilities, and thermal power plants across various countries including China, India, Brazil Japan etc. These cables are used in high-power transmission lines to carry electricity from generators to consumers¢â‚¬â„¢ homes.
Power cable types such as polyester/polyamide or steel with insulation materials are suitable for use in utility applications owing to their ability to handle extreme environmental conditions such as temperature & pressure without getting damaged or worn out. Furthermore, these products have a low rate of failure which results in increased reliability & safety of utility operations which boosts product demand further.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in various sectors such as oil & gas, power, and other manufacturing industries. For instance, China has undertaken massive initiatives for developing its energy infrastructure by building power plants and other facilities that consume huge amounts of electricity. This is anticipated to drive demand for high-power cables across this region over the forecast period.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Rising demand for power and control cables in the automotive sector
- Growing popularity of smart grids and renewable energy sources
- Proliferation of electric vehicles
- Stringent government regulations mandating use of power and control cables
Scope Of The Report
Report Attributes
Report Details
Report Title
Power and Control Cable Market Research Report
By Type
Power Cable, Control Cable
By Application
Utilities, Industrial (Power Plants, Oil & Gas, Cement)
By Companies
Prysmian, Nexans, General Cable, Sumitomo Electric, NKT Cables Group, Finolex Cables, Bahra Advanced Cable, Caledonian Cables, DUCAB, Hebei New Baofeng Wire & Cable, Riyadh Cables Group, Southwire Company, Havells India, El Sewedy Electric, Jeddah Cables, RPG Cables, Kei Industries, Sterlite Power Transmission, Diamond Power Infrastructure, Gupta Power Infrastructure, Universal Cables, The Kerite Company, Reka Cables, Synergy Cables, TELE-FONIKA Kable, Furukawa Electric, Polycab, CMI
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Power and Control Cable Market Report Segments:
The global Power and Control Cable market is segmented on the basis of:
Types
Power Cable, Control 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
Utilities, Industrial (Power Plants, Oil & Gas, Cement)
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
- Sumitomo Electric
- NKT Cables Group
- Finolex Cables
- Bahra Advanced Cable
- Caledonian Cables
- DUCAB
- Hebei New Baofeng Wire & Cable
- Riyadh Cables Group
- Southwire Company
- Havells India
- El Sewedy Electric
- Jeddah Cables
- RPG Cables
- Kei Industries
- Sterlite Power Transmission
- Diamond Power Infrastructure
- Gupta Power Infrastructure
- Universal Cables
- The Kerite Company
- Reka Cables
- Synergy Cables
- TELE-FONIKA Kable
- Furukawa Electric
- Polycab
- CMI
Highlights of The Power and Control 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:
- Power Cable
- Control Cable
- By Application:
- Utilities
- Industrial (Power Plants, Oil & Gas, Cement)
- 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 Power and Control 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
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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 power and control cable is a cable used to transfer power and control signals between two devices.
Some of the key players operating in the power and control cable market are Prysmian, Nexans, General Cable, Sumitomo Electric, NKT Cables Group, Finolex Cables, Bahra Advanced Cable, Caledonian Cables, DUCAB, Hebei New Baofeng Wire & Cable, Riyadh Cables Group, Southwire Company, Havells India, El Sewedy Electric, Jeddah Cables, RPG Cables, Kei Industries, Sterlite Power Transmission, Diamond Power Infrastructure, Gupta Power Infrastructure, Universal Cables, The Kerite Company, Reka Cables, Synergy Cables, TELE-FONIKA Kable, Furukawa Electric, Polycab, CMI.
The power and control cable market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power and Control 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. Power and Control Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power and Control Cable Market - Supply Chain
4.5. Global Power and Control Cable Market Forecast
4.5.1. Power and Control Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power and Control Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power and Control Cable Market Absolute $ Opportunity
5. Global Power and Control 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. Power and Control Cable Market Size and Volume Forecast by Type
5.3.1. Power Cable
5.3.2. Control Cable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power and Control 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. Power and Control Cable Market Size and Volume Forecast by Application
6.3.1. Utilities
6.3.2. Industrial (Power Plants, Oil & Gas, Cement)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power and Control 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. Power and Control 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 Power and Control 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. Power and Control 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 Power and Control Cable Demand Share Forecast, 2019-2026
9. North America Power and Control 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 Power and Control 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 Power and Control Cable Market Size and Volume Forecast by Application
9.4.1. Utilities
9.4.2. Industrial (Power Plants, Oil & Gas, Cement)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power and Control Cable Market Size and Volume Forecast by Type
9.7.1. Power Cable
9.7.2. Control 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 Power and Control Cable Demand Share Forecast, 2019-2026
10. Latin America Power and Control 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 Power and Control 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 Power and Control Cable Market Size and Volume Forecast by Application
10.4.1. Utilities
10.4.2. Industrial (Power Plants, Oil & Gas, Cement)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power and Control Cable Market Size and Volume Forecast by Type
10.7.1. Power Cable
10.7.2. Control 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 Power and Control Cable Demand Share Forecast, 2019-2026
11. Europe Power and Control 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 Power and Control 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 Power and Control Cable Market Size and Volume Forecast by Application
11.4.1. Utilities
11.4.2. Industrial (Power Plants, Oil & Gas, Cement)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power and Control Cable Market Size and Volume Forecast by Type
11.7.1. Power Cable
11.7.2. Control Cable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potntial 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 Power and Control Cable Demand Share, 2019-2026
12. Asia Pacific Power and Control 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 Power and Control 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 Power and Control Cable Market Size and Volume Forecast by Application
12.4.1. Utilities
12.4.2. Industrial (Power Plants, Oil & Gas, Cement)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power and Control Cable Market Size and Volume Forecast by Type
12.7.1. Power Cable
12.7.2. Control 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 Power and Control Cable Demand Share, 2019-2026
13. Middle East & Africa Power and Control 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 Power and Control 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 Power and Control Cable Market Size and Volume Forecast by Application
13.4.1. Utilities
13.4.2. Industrial (Power Plants, Oil & Gas, Cement)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power and Control Cable Market Size and Volume Forecast by Type
13.7.1. Power Cable
13.7.2. Control 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 Power and Control Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power and Control Cable Market: Market Share Analysis
14.2. Power and Control Cable Distributors and Customers
14.3. Power and Control Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prysmian
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
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
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
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NKT Cables Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Finolex Cables
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bahra Advanced Cable
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Caledonian 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. DUCAB
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hebei New Baofeng Wire & Cable
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Riyadh Cables Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Southwire Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Havells India
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. El Sewedy Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jeddah Cables
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. RPG Cables
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kei Industries
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Sterlite Power Transmission
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Diamond Power Infrastructure
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Gupta Power Infrastructure
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook