The global power wire 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 the power wire market is driven by factors such as increasing demand for renewable energy sources and growing need for transmission and distribution networks in developing countries. High voltage power wire segment accounted for the largest share of the global power wire market in 2017, followed by medium voltage power wire segment and low voltage power wire segment respectively. High voltage power wires are used in transmission lines that carry high-voltage electricity from generating stations to substations or distribution centers where it can be transformed down to lower voltages before being delivered to homes and businesses.
Some Of The Growth Factors Of This Market:
- Increasing demand for power transmission and distribution networks in emerging economies such as India, China, and Brazil will drive the growth of the power wire market.
- Increasing demand for renewable energy sources such as solar and wind will also drive the growth of the power wire market.
- The increasing need for high voltage cables in order to transmit electricity over long distances will also drive the growth of this market.
- The increasing use of smart grids which require more efficient transmission systems will also fuel this market.
Industry Growth Insights published a new data on “Power Wire Market”. The research report is titled “Power Wire Market research by Types (High Voltage Power Wire, Medium Voltage Power Wire, Low Voltage Power Wire), By Applications (Overland, Underground, Submarine), By Players/Companies Prysmian Group, Nexans, Sumitomo Electric, Furukawa, General Cable, Southwire, Leoni, LS Cable & Systems, Fujikura, Far East Cable, Jiangnan Cable, Baosheng Group, Hitachi, Encore Wire, NKT, Hengtong Group, Xignux, Finolex, KEI Industries”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Wire Market Research Report
By Type
High Voltage Power Wire, Medium Voltage Power Wire, Low Voltage Power Wire
By Application
Overland, Underground, Submarine
By Companies
Prysmian Group, Nexans, Sumitomo Electric, Furukawa, General Cable, Southwire, Leoni, LS Cable & Systems, Fujikura, Far East Cable, Jiangnan Cable, Baosheng Group, Hitachi, Encore Wire, NKT, Hengtong Group, Xignux, Finolex, KEI Industries
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Power Wire Market Report Segments:
The global Power Wire market is segmented on the basis of:
Types
High Voltage Power Wire, Medium Voltage Power Wire, Low Voltage Power Wire
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
Overland, Underground, Submarine
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 Group
- Nexans
- Sumitomo Electric
- Furukawa
- General Cable
- Southwire
- Leoni
- LS Cable & Systems
- Fujikura
- Far East Cable
- Jiangnan Cable
- Baosheng Group
- Hitachi
- Encore Wire
- NKT
- Hengtong Group
- Xignux
- Finolex
- KEI Industries
Highlights of The Power Wire 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:
- High Voltage Power Wire
- Medium Voltage Power Wire
- Low Voltage Power Wire
- By Application:
- Overland
- Underground
- Submarine
- 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 Wire 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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- Product & Brand Management
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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?
Power Wire is a cable that connects electronic devices together. It is often used to transfer power from one device to another.
Some of the key players operating in the power wire market are Prysmian Group, Nexans, Sumitomo Electric, Furukawa, General Cable, Southwire, Leoni, LS Cable & Systems, Fujikura, Far East Cable, Jiangnan Cable, Baosheng Group, Hitachi, Encore Wire, NKT, Hengtong Group, Xignux, Finolex, KEI Industries.
The power wire market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Wire 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 Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power Wire Market - Supply Chain
4.5. Global Power Wire Market Forecast
4.5.1. Power Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Wire Market Absolute $ Opportunity
5. Global Power Wire 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 Wire Market Size and Volume Forecast by Type
5.3.1. High Voltage Power Wire
5.3.2. Medium Voltage Power Wire
5.3.3. Low Voltage Power Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Wire 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 Wire Market Size and Volume Forecast by Application
6.3.1. Overland
6.3.2. Underground
6.3.3. Submarine
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Wire 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 Wire 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 Wire 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 Wire 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 Wire Demand Share Forecast, 2019-2026
9. North America Power Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
9.4.1. Overland
9.4.2. Underground
9.4.3. Submarine
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power Wire Market Size and Volume Forecast by Type
9.7.1. High Voltage Power Wire
9.7.2. Medium Voltage Power Wire
9.7.3. Low Voltage Power Wire
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 Wire Demand Share Forecast, 2019-2026
10. Latin America Power Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
10.4.1. Overland
10.4.2. Underground
10.4.3. Submarine
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power Wire Market Size and Volume Forecast by Type
10.7.1. High Voltage Power Wire
10.7.2. Medium Voltage Power Wire
10.7.3. Low Voltage Power Wire
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 Wire Demand Share Forecast, 2019-2026
11. Europe Power Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
11.4.1. Overland
11.4.2. Underground
11.4.3. Submarine
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Wire Market Size and Volume Forecast by Type
11.7.1. High Voltage Power Wire
11.7.2. Medium Voltage Power Wire
11.7.3. Low Voltage Power Wire
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 Power Wire Demand Share, 2019-2026
12. Asia Pacific Power Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
12.4.1. Overland
12.4.2. Underground
12.4.3. Submarine
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power Wire Market Size and Volume Forecast by Type
12.7.1. High Voltage Power Wire
12.7.2. Medium Voltage Power Wire
12.7.3. Low Voltage Power Wire
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 Wire Demand Share, 2019-2026
13. Middle East & Africa Power Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
13.4.1. Overland
13.4.2. Underground
13.4.3. Submarine
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power Wire Market Size and Volume Forecast by Type
13.7.1. High Voltage Power Wire
13.7.2. Medium Voltage Power Wire
13.7.3. Low Voltage Power Wire
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 Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Wire Market: Market Share Analysis
14.2. Power Wire Distributors and Customers
14.3. Power Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prysmian Group
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. Sumitomo Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Furukawa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Cable
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Southwire
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Leoni
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LS Cable & Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fujikura
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Far East 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. Jiangnan Cable
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Baosheng Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hitachi
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Encore Wire
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NKT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hengtong Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Xignux
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Finolex
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. KEI Industries
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook