Categories: Press Release

Power cable Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the power cable market have evolved through a number of stages i.e. Lucintel has found the future of this market to be promising; the power cable market is expected to reach $69.0 billion by 2027 with a CAGR of 5.1%. In this market, low voltage cable is expected to remain the largest voltage type, and utilities segment is expected to remain the largest end use industries. Players can benefit from the available opportunities like economic expansion, industrialization, urbanization, and rural electrification projects, particularly in India and China, are leading the demand for energy cables.

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Prysmian Group, Nexans S.A., Leoni AG, NKT A/S, Sumitomo Electric Industries, Encore Wire Corporation, KEI Industries Limited, Southwire are some of the companies profiled in this report.

Some of the features of this report:

Market size estimates:Power cable market size estimation in terms of value ($M) shipment.
Trend and forecast analysis:Market trend (2016-2021) and forecast (2022-2027) by various segments and regions.
Segmentation analysis: Power cable market size by voltage type, end use industry, and installation in terms of value and volume shipment.
Regional analysis:Power cable market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities:Analysis on growth opportunities in different voltage type, end use industry, installation and regions of power cable in the power cable market.
Strategic analysis:This includes M&A, new product development, and competitive landscape of power cable in the power cable market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Download Brochure of this report by clicking on https://www.lucintel.com/power-cable-market.aspx

This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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