China Power Cable Market Share, Size, Overview, Outlook and Research Report 2016

Technavio Announces the Publication of its Research Report Power Cables Market in China 2016-2020

Technavio recognizes the following companies as the key players in the power cables market in China: Far East Cable Company, Jiangnan, Nexans, Prysmian, and Shandong Wanda Cable.

Other Prominent Vendors in the market are: Anhui Hualing Cable, Baosheng, General Cable, Havells, Henan Huadong Cable, Henan Jinshui Cable, Henan Tano, Jiangsu Shangshang Cable, Jiangyang Cable, Luoyang Da Yuan Cable Factory, Shanghai Shenghua Cable, Suli, TBEA Shandong Luneng Taishan Cable, Wanma Cable, and Zhengzhou Yifang Cable.

Browse full report with TOC@ https://marketreportscenter.com/reports/368512/power-cable-market-in-china-2016-2020

Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be development of renewable cable protection systems. Vendors are developing renewable cables protection systems, which enhance the durability of cables and thus, ensures longer life. One such innovation is Njordguard, a protection system developed by Trelleborg for the renewables market. This innovative protection system can be installed, removed, and reused without the use of remotely operated vehicles or driver involvement, improving safety and reducing installation complexity. The solution also provides a monopile and J-tube installation for wind turbine generators and offshore substation platforms without procedural variation.”

According to the report, implementation of smart grid will be a key driver for market growth. A smart grid refers to an automated, widely distributed network for energy delivery with responsive and organic capabilities. The smart grid enables monitoring, analysis, control, and communication, resulting in a significant reduction in energy consumption. The benefits that the smart grid technology will offer to China’s energy landscape and the government’s investments in its implementation will propel the...