Global Power Cables Market 2017-2021 - Key vendors are Prysmian Group, Nexans, General Cable, NKT & Sumitomo Electric Industries - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Power Cables Market 2017-2021" report to their offering.

The analysts forecast the global power cables market to grow at a CAGR of 6.77% during the period 2017-2021.

Global Power Cables Market 2017-2021, 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.

The latest trend gaining momentum in the market is development of smart grid. Smart grids bring a convergence of analog or digital information, computer-based remote control, and automation to electricity networks. Smart grid systems are increasingly used in many countries.

These systems incorporate automated software and electronic hardware such as meters, switches, and relays that guarantee smooth and appropriate T&D of electricity by upgrading and controlling operational processes over a network.

One of the major drivers for this market is increasing wind capacity installation. Power cables are used largely to transmit energy generated by wind turbines.

They are also said to increase the efficiency of wind turbines. The growing concerns of shifting to renewable energy sources have led to an increase in electricity generation from wind turbines. This has led to increased demand for power cables.

Key vendors

  • Prysmian Group
  • Nexans
  • General Cable
  • NKT
  • Sumitomo Electric Industries

Other prominent vendors

  • L S Cable & Systems
  • Southwire Company
  • Hangzhou Cable Company
  • TPC Wire & Cable
  • HENGTONG GROUP
  • Belden
  • Encore Wire
  • Finolex
  • KEI Industries

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by voltage

Part 07: Geographical segmentation

Part 08: Decision framework

Part 09: Drivers and challenges

Part 10: Market trends

Part 11: Vendor landscape

Part 12: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/n6cnmg/global_power

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wire and Cables, Electricity

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wire and Cables, Electricity