Research and Markets: Global Market for Power Transmission and Distribution Cables 2012

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/l8mskz/global_market_for) has announced the addition of the "Global Market for Power Transmission and Distribution Cables" report to their offering.

“Global Market for Power Transmission and Distribution Cables”

The global market for power transmission and distribution cables generated revenues of over $25,000 million in 2010, with an annual growth rate of just over 7% from the previous year. However, due to the impact of the economic slowdown, the market witnessed a decline in the growth rate from 2009. On a positive note, the market is likely to achieve strong growth rate from 2011 onwards. Capital spending and investments in industries worldwide is expected to boost growth of the market.

The economic recession had its affect on the transmission and distribution sector, and due to the ongoing financial crisis in many countries, the pricing of the cable has become a competitive parameter. Moreover, the electric utilities are expecting the cable manufacturers to reduce the prices. Furthermore, due to the cancellation of transmission expansion plans and delays in orders, the competition between existing players has also increased. Companies are adopting various strategies to counter the competition and survive in the market. Some of them include merger and acquisitions, focus on custom and high end products, increased emphasis on research and development, plant closures, exploring new markets and so on.

Major corporations involved in the competition are Southwire Company, Prysmian, General Cable, Okonite Company, Alcan Cable, and many others. High emphasis on the commercialization of renewable energy throughout the world is expected to drive the growth of transmission and distribution cables. Renewable energy resources are often at far off places where the transmission network is not available. In the future, lot of expansion in the transmission network is expected to transfer the electricity from the far off power plants to the load centers.

Key Topics Covered:

1. Executive Summary

2. Global Market for Power Transmission and Distribution Cables

3. Factors Driving the Global Market for Power Transmission and Distribution Cables

4. Barriers Facing the Global Market for Power Transmission and Distribution Cables

5. Challenges Facing the Global Market for Power Transmission and Distribution Cables

6. Power Transmission and Distribution Cables Market in North America

7. Power Transmission and Distribution Cables Market in Canada

8. Power Transmission and Distribution Cables Market in the United States

9. Power Transmission and Distribution Cables Market in Europe

10. Power Transmission and Distribution Cables Market in France

11. Power Transmission and Distribution Cables Market in Germany