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(Hosting-NewsWire.com, October 17, 2017 ) According to Publisher, The Global High Voltage Cables Market is accounted for $28.0 billion in 2016 and expected to grow at a CAGR of 8.0% to reach $48.1 billion by 2023. The market is driven by growth of offshore wind farms, projects for grid interconnections, rise in the use of renewable, and need for efficient transmission systems. On the other hand, delays faced in the implementation of power projects and regulatory environment & funding are inhibiting the market growth.
For more information about this report: http://www.reportsweb.com/high-voltage-cables-global-market-outlook-2017-2023 Underground cables are growing significantly owing to their advantages like longer life and lower operating costs. Submarine cables are anticipated to witness the fastest growth during the forecast period, because of various applications in offshore power projects and oil & gas industry. With regards to the end user segment, industrial segment held the highest revenue share, owing to growing energy demand in industries such as oil & gas, mining, power utilities, and chemicals. Infrastructure segment is expected to witness the highest CAGR during the forecast period due to increase in urbanization in developing countries. Asia Pacific held the largest market share, followed by Europe and North America due to its strong layout of transmission plans. For instance, government in china is investing in creating infrastructure for renewable energy sources. Some of the key players in global High Voltage Cables market are Sumitomo Electric Industries, Ltd.,Encore Wire Corporation, Brugg Kabel AG, Siemens Ag, Tele-Fonika Kable S.A., Dubai Cable Company Pvt. Ltd, Kerite, General Cable Corporation, Finolex and Cable Corporation of India Ltd.
Products Covered: - Overhead Products -Fixtures -Fitting -Conductors -Submarine & Underground Products -Cable Joints -Cable Terminations -MI Cables -XLPE Cables
End Users Covered: -Renewable Energy -Hydropower -Wind -Other Energy -Infrastructure -Residential Sector -Commercial Sector -Industrial -Chemical & Petrochemical -Mining -Power Utilities -Oil & Gas -Other Industrial Users
Type of Currents Covered: -HVAC Cables -HVDC Cables
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Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -UK -Italy -France -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -South Korea -Rest of Asia Pacific -South America -Argentina -Brazil -Chile -Rest of South America -Middle East & Africa -Saudi Arabia -UAE -Qatar -South Africa -Rest of Middle East & Africa
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements
Company Profiling 10.1 Sumitomo Electric Industries, Ltd. 10.2 Encore Wire Corporation 10.3 Brugg Kabel AG 10.4 Siemens Ag 10.5 Tele-Fonika Kable S.A. 10.6 Dubai Cable Company Pvt. Ltd. 10.7 Kerite 10.8 General Cable Corporation 10.9 Finolex 10.10 Cable Corporation of India Ltd.
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Source: EmailWire.Com
Source: EmailWire.com
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