Published on – 01 June, 2016 | Number of pages : 152 Medium Voltage Cables Market by Installation (Underground, Submarine, Overhead) and End User (Oil & Gas, Mining, Chemicals & Petrochemicals, Cement, Utilities, Paper & Pulp, Wastewater Treatment, Pharmaceutical, Renewable Infrastructure) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022 MarketIntelReports newly published a research report on World Medium Voltage Cables Market - Opportunities and Forecasts, 2015 - 2022 with covering detailed analysis on market segmentation, global notable vendors, geographical outlook, price & financial updates, segment & application approach and future forecasts. Published on – 01 June, 2016 | Number of pages : 152 Single User Price: $4740
Global Medium Voltage Cables Market is expected to garner $54 Global Medium Voltage Cables Market is expected to garner $54.2 billion by 2022, registering a CAGR of 6.5% during the forecast period 2015-2022. Medium voltage cable is a necessary component for power transmission and distribution in the voltage range of 1000 V to 35 kV. It is used across power, oil & gas, mining, chemicals (industrial), renewables, and infrastructure sector. Asia-Pacific is the largest contributor of medium voltage cables and it is anticipated to be the fastest growing market during the forecast period. Overhead lines show greater penetration in developing economies, such as Asia-Pacific and LAMEA, owing to lower costs. Underground cables have increased adoption in developed economies such as Europe. Browse Our Research Report on Medium Voltage Cables Market by Installation (Underground, Submarine, Overhead) and End User (Oil & Gas, Mining, Chemicals & Petrochemicals, Cement, Utilities, Paper & Pulp, Wastewater Treatment, Pharmaceutical, Renewable Infrastructure) - Global Opportunity Analysis and Industry Forecast, 2015 – 2022 @ http://www.marketintelreports.com/report/allied0018/world-medium-voltage-cables-market--opportunities-and-forecasts-2015--2022
The market witnessed notable growth owing to rising electricity demand globally, particularly in China, due to rapid industrialization and urbanization. In developed economies, such as Europe, requirement of increasing power generation and expanding wind sector offers significant growth potential. However, fluctuating prices of metals, such as copper, aluminum, and other metals, restrain the market growth. The demand for power infrastructure is driven by growing investments in renewables’ sector, thus offering significant opportunities for growth. The overhead installation segment accounted for the largest market share of about 57% in 2015. Factors such as lower installation cost and easier maintenance in comparison to underground cables has led to its wider adoption, primarily in developing economies. However, the submarine installation is expected to be the fastest growing segment owing to increasing investments in the offshore wind generation technology for power generation. The underground segment is expected to grow at a notable pace on account of longer life, lower transmission losses, and limited space availability for new overhead installations.
Download Sample Brochure MEDIUM VOLTAGE CABLES MARKET SEGMENTS: By Installation: Underground, Submarine and Overhead By End User: Industries: Oil & Gas, Mining & Metals, Chemicals & Petrochemicals, Cement & manufacturing, Utilities and Others (Paper & Pulp, Wastewater Treatment, & Pharmaceutical) Renewable Sector: Wind and Solar Infrastructure: Transportation and Commercial By Geography: North America, Asia-Pacific, Europe and LAMEA Key Players: Prysmian SpA, General Cable Corporation, Nexans, NKT Cables, Sumitomo Electric Industries Ltd., Brugg Cables, Dubai Cable Company Private Limited, Leoni, Southwire, TPC Wires and Cables Corporation Download Sample Brochure
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World Medium Voltage Cables Market - Opportunities and Forecasts, 2015 - 2022 A detailed qualitative analysis of the factors responsible for driving and restraining growth of the World Medium Voltage Cables Market - Opportunities and Forecasts, 2015 - 2022: Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022 and future opportunities are provided in the report. Contact: 1-302-684-6088 sales@marketintelreports.com www.marketintelreports.com Click Here To Procure World Medium Voltage Cables Market - Opportunities and Forecasts, 2015 – 2022 Research Report