Market Overview and Highlights
Overhead Power Cables are the fundamental part of power transmission and distribution infrastructure. Rising inclusion of renewable power resources, high quality and uninterrupted electricity, upgradation of aging grid infrastructure result in the growth of the overhead power cables market. Rapid urbanization and industrialization are the major factors in the Global overhead power cables Market.
The key players of global Overhead Power Cables market report include-
- General Cable Technologies Corp.
- Southwire Co. LLC
- Zhejiang Shengda Steel Tower Co. Ltd.
- KEC International Ltd.
- Kalpataru Power Transmission Ltd.
- Nexans S.A.
- Prysmian S.p.A.
- Shandong DingChang Tower Co. Ltd.
- Nanjing Daji Iron Tower Manufacturing Co. Ltd.
- Sumitomo Electric Industries Ltd.
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Asia Pacific will be the Fastest Growing Market
Asia Pacific held the largest share within the overhead power cables market, and is expected to retain its majority by 2022. This region is expected to be fastest growing market for overhead power cables. China and India are the main drivers for the growth in Asia Pacific region. North America was the second largest market for overhead power cables in 2014. Hugh investments in power transmission and distribution infrastructure by Saudi Arabia and others countries are expected to drive the market in the Middle East. Middle East is expected to be second fastest growing market for transmission cables.
Access the market data and market information presented through more than 85 market data tables and figures spread in more than 90 pages of the project report “Global Overhead Power Cables Market Research Report“
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Scope of the Report
This study provides an overview of the global overhead power cables industry, tracking market segments across the categorized five geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The scope of the study segments the global Overhead Power Cables market based on services into product type, voltage, and Users.
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