Cables are a collection of electrical conductors that are insulated. These are used for transmission and distribution purposes. Overhead cables are installed above buildings and between electric poles. There is a presumption that underground cables are more reliable as they are less prone to damage from storms, lightning, and other disruptions. However, underground cables involve a difficult installation process. The cost of installation is also high when compared with overhead cables, which makes the latter a preferred choice among industries that need electricity.
Technavio’s analysts forecast the global overhead cables market to grow at a CAGR of 5.92% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global overhead cables market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Overhead 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.
Key vendors • General Cable • Nexans • NKT Holding • Prysmian Group • Sumitomo Electric Industries
Other prominent vendors • LS Cable & System • Southwire • Hangzhou Cable • TPC Wire & Cable • Hengtong Group • Belden • Encore Wire • Finolex Cables • International Wire Group • KEI Industries
Market driver • Increased renewable power generation • For a full, detailed list, view our report
Market challenge • Fluctuating raw material prices • For a full, detailed list, view our report
Market trend • Expanding railway industry • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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