Power Cables Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global Power Cables Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Power Cables Market Research Report The
latest report by IMARC, titled Power Cables
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 " the
global power cables market reached a value of US
166.9 Billion in 2022. Power cables are
electrical cables that are widely used for
transmission and distribution of electrical
energy. The three main components of these cables
include the conductor, dielectric, and sheath.
The inner and outer sheaths are made from
polyvinyl chloride coatings that do not allow
moisture to seep through. This aids in protecting
power cables against mechanical, thermal and
environmental conditions and external influences,
such as fire, chemicals or electrochemical
attacks. These cables offer long-term
reliability while providing excellent insulation
and current conductivity. They are installed for
the transmission of extra high voltages where
overhead lines are impractical to employ. They
are also used as permanent wiring within
buildings, for transmission purposes in
submarines and for utility distribution networks
in underground cabling. Request Free Sample
Report https//www.imarcgroup.com/power-cables-ma
rket/requestsample
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Report Description and Highlights
Report Description

Global Power Cables Market Trends The market is
primarily driven by the increasing demand for
renewable power plants on the global level.
Governments of numerous countries are encouraging
the utilization of clean energy in an effort to
promote sustainable development. This, in turn,
has led to the development of new power plants,
thereby facilitating the uptake of power cables.
Moreover, high voltage power cables form an
essential component of the interconnector and
offshore wind projects for transferring large
volumes of power. Also, there has been a rising
requirement for the installation of smart grids
across the globe. Supported by the
ever-increasing demand for uninterrupted power
supply across the residential, commercial and
industrial segments, this is providing a thrust
to the market growth. Furthermore,
technological advancements in material sciences
have resulted in the development of improved
synthetic insulating compounds that are
manufactured using thermoplastic, thermosetting
and fluorocarbon materials. These superior
materials are suitable for the production of
power cables with exceptional resilience and
improved efficiency. Furthermore, the rising
demand for ultra-high voltage networks in the
manufacturing sector is acting as another major
growth-inducing factor. On account of the
aforementioned factors, the market is expected to
exhibit a CAGR of 6.1 during 2023-2028. Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Installation
Overhead Underground Submar
ine Cables Breakup by Voltage High
Medium Low Breakup by End-Use Se
ctor Power Oil Gas
Chemical Manufacturing Metal
s Mining Infrastructure Tran
sportation

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Report Description and Highlights
Report Description
Others Breakup by Material C
opper Aluminum Breakup by Region
North America United States
Canada Europe
Germany France
United Kingdom Italy
Spain
Russia Others Asia Pac
ific China

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Report Description and Highlights
Report Description
Japan India
South Korea Au
stralia Indonesia
Others Latin America
Brazil Mexico
Argentina Colombia
Chile Peru
Others Middle East and Africa
Turkey Saudi Arabia
Iran United
Arab Emirates Others

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Prysmian S.p.A Belden Inc. Encore Wire Corporation
  Finolex Cables Ltd. Fujikura Ltd. Furukawa
  Electric Co. Ltd. HENGTONG GROUP CO. LTD. KEI Indu
  stries Limited LS Cable System Ltd. Leoni AG Nex
  ans NKT A/S Southwire Company. LLC. Sumitomo Elect
  ric Industries. Ltd. TPC Wire Cable Corp.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/power-cables-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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analysis and opinion have been based on
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