Outlook of Low Voltage Cable Market Report During 2016-2020

RnRMarketResearch.com adds Global Low Voltage Cable Market 2016-2020 a new research reports in its store. The analysts forecast global low voltage cable market to grow at a CAGR of 7.34% during the period 2016-2020.

Low voltage cables are used to supply power at low voltage. These cables form essential parts of the electrical and electronic systems in a broad range of applications. The cables have prime importance in the power sector, and thus, are important components in the generation, transmission, and distribution of electricity by power utilities.

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The report covers the present scenario and the growth prospects of the global low voltage cable market during 2016-2020. To calculate the market size, the report considers the demand for low voltage cables for overhead and underground installation.

The market is divided into the following segments based on geography: Americas, APAC, EMEA

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The report, Global Low Voltage Cable Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors - General Cable, Nexans, NKT Cables, Prysmian, Sumitomo Electric

Other prominent vendors – ABB, Bahra Advanced Cable Manufacture, Brugg Cables, Caledonian Cables, Dubai Cable Company, Encore Wire, Finolex, Hebei New Baofeng Wire & Cable, Kabelwerk Eupen, LS Cable & System, Polycab, Riyadh Cables, Southwire Company, TE Connectivity, Top Cable

Market driver - Growth in power distribution sector

Market challenge - Volatile raw material prices

Market trend - Smart grid market to fuel demand

Key questions answered in this report...