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Power Cable Market by Distribution Type, Voltage Rating, End-use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 270 Pages
  • December 2022
  • Region: Global
  • Allied Market Research
  • ID: 5457351
UP TO OFF until Jan 30th 2025
The global power cable market was valued at $148.6 billion in 2021, and is projected to reach $277.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031
A power cable is used for the transmission and distribution of electrical energy. It is an assembly of one or more electrical conductors, generally joined together with an over sheath. It may be installed as permanent wiring within buildings, run overhead, buried in the ground, or exposed. It primarily consists of three main components, such as conductor, dielectric, and sheath.

Power cable market growth is influenced by a number of important variables, including the increasing use of renewable energy sources. The expansion of new power grid infrastructure is another factor driving the demand for power cables. For instance, the rise in the number of emerging nations is causing a shortage of infrastructure for transferring electricity; as a result, the governments of these nations are focusing on building secure grid infrastructure. In addition, the industry is growing due to the increased use of smart grids. The complexity of planning the deployment of power lines and the length of time it takes for regulatory approvals are, however, expected to hinder market expansion during the forecast period. Conversely, a rise in energy demand presents the profit potential for the growth of the power cable business. The power cable market is segmented on the basis of distribution type, voltage ratings, and region. On the basis of distribution type, the market is divided into underground, submarine, and overhead. By voltage ratings, the market is segmented into up to 36 kV, 37 kV to 100 kV, 101 kV to 250 kV, 251 KV to 350 KV, and 351 kV and above. According to the end user, the market is segmented into residential, commercial, industrial, and utilities.

By region, the power cable market trends are analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is studied across into U.S., Mexico, and Canada, whereas Europe into UK, Spain, Germany, France, and the rest of Europe. The countries covered under Asia-Pacific are China, India, Japan, South Korea, and rest of Asia-Pacific while LAMEA includes Latin America, the Middle East, and Africa. The key players that operate in the market include ABB Ltd, Belden Incorporated, Encore Wire Corporation, Finolex Cables, KEI Industries Limited, LAPP North America, Nexans, NKT A/S, Prysmian Group, and TPC Wire & Cable Corp.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the power cable market analysis from 2021 to 2031 to identify the prevailing power cable market opportunities.
  • Market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights buyers' and suppliers' potency to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • An in-depth analysis of the power cable market segmentation assists in determining the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global power cable market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Distribution Type

  • Submarine
  • Overhead
  • Underground

By Voltage Rating

  • Up to 36 kV
  • 37 kV to 100 kV
  • 101 kV to 250 kV
  • 251 kV to 350 kV
  • 351 kV and Above

By End Use

  • Residential
  • Commercial
  • Industrial
  • Utilities

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Riyadh Cables Group Company
  • Prysmian Group (General Cable)
  • LAPP North America
  • Nexans S.A.
  • Brugg Cables
  • NKT A/S
  • FINOLEX CABLES LIMITED
  • Encore Wire Corporation
  • Polycab India Ltd
  • KEI Industries Ltd.
  • TPC Wire & Cable Corp
  • ABB Ltd
  • Belden Incorporated

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. The rise in trend of renewable energy generation
3.4.1.2. Increase in deployment of new power grid infrastructure
3.4.1.3. Rise in implementation of smart grids
3.4.2. Restraints
3.4.2.1. Complexity in deployment planning of power cable
3.4.3. Opportunities
3.4.3.1. Upsurge in demand for power
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: POWER CABLE MARKET, BY DISTRIBUTION TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Underground
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Submarine
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Overhead
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: POWER CABLE MARKET, BY VOLTAGE RATING
5.1 Overview
5.1.1 Market size and forecast
5.2. Up to 36 kV
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. 37 kV to 100 kV
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. 101 kV to 250 kV
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. 251 kV to 350 kV
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6. 351 kV and Above
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country

CHAPTER 6: POWER CABLE MARKET, BY END USE
6.1 Overview
6.1.1 Market size and forecast
6.2. Residential
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Commercial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Industrial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5. Utilities
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country

CHAPTER 7: POWER CABLE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Distribution Type
7.2.3 North America Market size and forecast, by Voltage Rating
7.2.4 North America Market size and forecast, by End Use
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Distribution Type
7.2.5.1.3 Market size and forecast, by Voltage Rating
7.2.5.1.4 Market size and forecast, by End Use
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Distribution Type
7.2.5.2.3 Market size and forecast, by Voltage Rating
7.2.5.2.4 Market size and forecast, by End Use
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Distribution Type
7.2.5.3.3 Market size and forecast, by Voltage Rating
7.2.5.3.4 Market size and forecast, by End Use
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Distribution Type
7.3.3 Europe Market size and forecast, by Voltage Rating
7.3.4 Europe Market size and forecast, by End Use
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Distribution Type
7.3.5.1.3 Market size and forecast, by Voltage Rating
7.3.5.1.4 Market size and forecast, by End Use
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Distribution Type
7.3.5.2.3 Market size and forecast, by Voltage Rating
7.3.5.2.4 Market size and forecast, by End Use
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Distribution Type
7.3.5.3.3 Market size and forecast, by Voltage Rating
7.3.5.3.4 Market size and forecast, by End Use
7.3.5.4 Russia
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Distribution Type
7.3.5.4.3 Market size and forecast, by Voltage Rating
7.3.5.4.4 Market size and forecast, by End Use
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Distribution Type
7.3.5.5.3 Market size and forecast, by Voltage Rating
7.3.5.5.4 Market size and forecast, by End Use
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Distribution Type
7.4.3 Asia-Pacific Market size and forecast, by Voltage Rating
7.4.4 Asia-Pacific Market size and forecast, by End Use
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Distribution Type
7.4.5.1.3 Market size and forecast, by Voltage Rating
7.4.5.1.4 Market size and forecast, by End Use
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Distribution Type
7.4.5.2.3 Market size and forecast, by Voltage Rating
7.4.5.2.4 Market size and forecast, by End Use
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Distribution Type
7.4.5.3.3 Market size and forecast, by Voltage Rating
7.4.5.3.4 Market size and forecast, by End Use
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Distribution Type
7.4.5.4.3 Market size and forecast, by Voltage Rating
7.4.5.4.4 Market size and forecast, by End Use
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Distribution Type
7.4.5.5.3 Market size and forecast, by Voltage Rating
7.4.5.5.4 Market size and forecast, by End Use
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Distribution Type
7.5.3 LAMEA Market size and forecast, by Voltage Rating
7.5.4 LAMEA Market size and forecast, by End Use
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Distribution Type
7.5.5.1.3 Market size and forecast, by Voltage Rating
7.5.5.1.4 Market size and forecast, by End Use
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Distribution Type
7.5.5.2.3 Market size and forecast, by Voltage Rating
7.5.5.2.4 Market size and forecast, by End Use
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Distribution Type
7.5.5.3.3 Market size and forecast, by Voltage Rating
7.5.5.3.4 Market size and forecast, by End Use

CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES
9.1 Riyadh Cables Group Company
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Prysmian Group (General Cable)
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 LAPP North America
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 Nexans S.A.
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Brugg Cables
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 NKT A/S
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 FINOLEX CABLES LIMITED
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Encore Wire Corporation
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 Polycab India Ltd
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 KEI Industries Ltd.
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
9.11 TPC Wire & Cable Corp
9.11.1 Company overview
9.11.2 Key Executives
9.11.3 Company snapshot
9.11.4 Operating business segments
9.11.5 Product portfolio
9.11.6 Business performance
9.11.7 Key strategic moves and developments
9.12 ABB Ltd
9.12.1 Company overview
9.12.2 Key Executives
9.12.3 Company snapshot
9.12.4 Operating business segments
9.12.5 Product portfolio
9.12.6 Business performance
9.12.7 Key strategic moves and developments
9.13 Belden Incorporated
9.13.1 Company overview
9.13.2 Key Executives
9.13.3 Company snapshot
9.13.4 Operating business segments
9.13.5 Product portfolio
9.13.6 Business performance
9.13.7 Key strategic moves and developments

List of Tables
Table 1. Global Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 2. Power Cable Market for Underground, by Region, 2021-2031 (Revenue, $Million)
Table 3. Power Cable Market for Submarine, by Region, 2021-2031 (Revenue, $Million)
Table 4. Power Cable Market for Overhead, by Region, 2021-2031 (Revenue, $Million)
Table 5. Global Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 6. Power Cable Market for Up to 36 Kv, by Region, 2021-2031 (Revenue, $Million)
Table 7. Power Cable Market for 37 Kv to 100 Kv, by Region, 2021-2031 (Revenue, $Million)
Table 8. Power Cable Market for 101 Kv to 250 Kv, by Region, 2021-2031 (Revenue, $Million)
Table 9. Power Cable Market for 251 Kv to 350 Kv, by Region, 2021-2031 (Revenue, $Million)
Table 10. Power Cable Market for 351 Kv and Above, by Region, 2021-2031 (Revenue, $Million)
Table 11. Global Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 12. Power Cable Market for Residential, by Region, 2021-2031 (Revenue, $Million)
Table 13. Power Cable Market for Commercial, by Region, 2021-2031 (Revenue, $Million)
Table 14. Power Cable Market for Industrial, by Region, 2021-2031 (Revenue, $Million)
Table 15. Power Cable Market for Utilities, by Region, 2021-2031 (Revenue, $Million)
Table 16. Power Cable Market, by Region, 2021-2031 (Revenue, $Million)
Table 17. North America Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 18. North America Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 19. North America Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 20. North America Power Cable Market, by Country, 2021-2031 (Revenue, $Million)
Table 21. U.S. Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 22. U.S. Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 23. U.S. Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 24. Canada Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 25. Canada Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 26. Canada Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 27. Mexico Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 28. Mexico Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 29. Mexico Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 30. Europe Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 31. Europe Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 32. Europe Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 33. Europe Power Cable Market, by Country, 2021-2031 (Revenue, $Million)
Table 34. UK Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 35. UK Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 36. UK Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 37. Germany Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 38. Germany Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 39. Germany Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 40. France Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 41. France Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 42. France Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 43. Russia Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 44. Russia Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 45. Russia Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 46. Rest of Europe Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 47. Rest of Europe Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 48. Rest of Europe Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 49. Asia-Pacific Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 50. Asia-Pacific Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 51. Asia-Pacific Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 52. Asia-Pacific Power Cable Market, by Country, 2021-2031 (Revenue, $Million)
Table 53. China Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 54. China Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 55. China Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 56. Japan Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 57. Japan Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 58. Japan Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 59. India Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 60. India Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 61. India Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 62. South Korea Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 63. South Korea Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 64. South Korea Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 65. Rest of Asia-Pacific Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 66. Rest of Asia-Pacific Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 67. Rest of Asia-Pacific Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 68. LAMEA Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 69. LAMEA Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 70. LAMEA Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 71. LAMEA Power Cable Market, by Country, 2021-2031 (Revenue, $Million)
Table 72. Latin America Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 73. Latin America Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 74. Latin America Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 75. Middle East Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 76. Middle East Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 77. Middle East Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 78. Africa Power Cable Market, by Distribution Type, 2021-2031 (Revenue, $Million)
Table 79. Africa Power Cable Market, by Voltage Rating, 2021-2031 (Revenue, $Million)
Table 80. Africa Power Cable Market, by End Use, 2021-2031 (Revenue, $Million)
Table 81. Riyadh Cables Group Company: Key Executives
Table 82. Riyadh Cables Group Company: Company Snapshot
Table 83. Riyadh Cables Group Company: Operating Segments
Table 84. Riyadh Cables Group Company: Product Portfolio
Table 85. Riyadh Cables Group Company: Net Sales
Table 86. Riyadh Cables Group Company: Key Stratergies
Table 87. Prysmian Group (General Cable): Key Executives
Table 88. Prysmian Group (General Cable): Company Snapshot
Table 89. Prysmian Group (General Cable): Operating Segments
Table 90. Prysmian Group (General Cable): Product Portfolio
Table 91. Prysmian Group (General Cable): Net Sales
Table 92. Prysmian Group (General Cable): Key Stratergies
Table 93. Lapp North America: Key Executives
Table 94. Lapp North America: Company Snapshot
Table 95. Lapp North America: Operating Segments
Table 96. Lapp North America: Product Portfolio
Table 97. Lapp North America: Net Sales
Table 98. Lapp North America: Key Stratergies
Table 99. Nexans S.A.: Key Executives
Table 100. Nexans S.A.: Company Snapshot
Table 101. Nexans S.A.: Operating Segments
Table 102. Nexans S.A.: Product Portfolio
Table 103. Nexans S.A.: Net Sales
Table 104. Nexans S.A.: Key Stratergies
Table 105. Brugg Cables: Key Executives
Table 106. Brugg Cables: Company Snapshot
Table 107. Brugg Cables: Operating Segments
Table 108. Brugg Cables: Product Portfolio
Table 109. Brugg Cables: Net Sales
Table 110. Brugg Cables: Key Stratergies
Table 111. Nkt A/S: Key Executives
Table 112. Nkt A/S: Company Snapshot
Table 113. Nkt A/S: Operating Segments
Table 114. Nkt A/S: Product Portfolio
Table 115. Nkt A/S: Net Sales
Table 116. Nkt A/S: Key Stratergies
Table 117. Finolex Cables Limited: Key Executives
Table 118. Finolex Cables Limited: Company Snapshot
Table 119. Finolex Cables Limited: Operating Segments
Table 120. Finolex Cables Limited: Product Portfolio
Table 121. Finolex Cables Limited: Net Sales
Table 122. Finolex Cables Limited: Key Stratergies
Table 123. Encore Wire Corporation: Key Executives
Table 124. Encore Wire Corporation: Company Snapshot
Table 125. Encore Wire Corporation: Operating Segments
Table 126. Encore Wire Corporation: Product Portfolio
Table 127. Encore Wire Corporation: Net Sales
Table 128. Encore Wire Corporation: Key Stratergies
Table 129. Polycab India Ltd: Key Executives
Table 130. Polycab India Ltd: Company Snapshot
Table 131. Polycab India Ltd: Operating Segments
Table 132. Polycab India Ltd: Product Portfolio
Table 133. Polycab India Ltd: Net Sales
Table 134. Polycab India Ltd: Key Stratergies
Table 135. Kei Industries Ltd.: Key Executives
Table 136. Kei Industries Ltd.: Company Snapshot
Table 137. Kei Industries Ltd.: Operating Segments
Table 138. Kei Industries Ltd.: Product Portfolio
Table 139. Kei Industries Ltd.: Net Sales
Table 140. Kei Industries Ltd.: Key Stratergies
Table 141. Tpc Wire & Cable Corp: Key Executives
Table 142. Tpc Wire & Cable Corp: Company Snapshot
Table 143. Tpc Wire & Cable Corp: Operating Segments
Table 144. Tpc Wire & Cable Corp: Product Portfolio
Table 145. Tpc Wire & Cable Corp: Net Sales
Table 146. Tpc Wire & Cable Corp: Key Stratergies
Table 147. Abb Ltd: Key Executives
Table 148. Abb Ltd: Company Snapshot
Table 149. Abb Ltd: Operating Segments
Table 150. Abb Ltd: Product Portfolio
Table 151. Abb Ltd: Net Sales
Table 152. Abb Ltd: Key Stratergies
Table 153. Belden Incorporated: Key Executives
Table 154. Belden Incorporated: Company Snapshot
Table 155. Belden Incorporated: Operating Segments
Table 156. Belden Incorporated: Product Portfolio
Table 157. Belden Incorporated: Net Sales
Table 158. Belden Incorporated: Key Stratergies

List of Figures
Figure 1. Segmentation of Power Cable Market, 2021-2031
Figure 2. Power Cable Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Power Cable Market: Drivers, Restraints and Opportunities
Figure 10. Power Cable Market, by Distribution Type, 2021 (%)
Figure 11. Comparative Share Analysis of Underground Power Cable Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Submarine Power Cable Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Overhead Power Cable Market, 2021 and 2031 (%)
Figure 14. Power Cable Market, by Voltage Rating, 2021 (%)
Figure 15. Comparative Share Analysis of Up to 36 Kv Power Cable Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of 37 Kv to 100 Kv Power Cable Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of 101 Kv to 250 Kv Power Cable Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of 251 Kv to 350 Kv Power Cable Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of 351 Kv and Above Power Cable Market, 2021 and 2031 (%)
Figure 20. Power Cable Market, by End Use, 2021 (%)
Figure 21. Comparative Share Analysis of Residential Power Cable Market, 2021 and 2031 (%)
Figure 22. Comparative Share Analysis of Commercial Power Cable Market, 2021 and 2031 (%)
Figure 23. Comparative Share Analysis of Industrial Power Cable Market, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Utilities Power Cable Market, 2021 and 2031 (%)
Figure 25. Power Cable Market by Region, 2021
Figure 26. U.S. Power Cable Market, 2021-2031 ($Million)
Figure 27. Canada Power Cable Market, 2021-2031 ($Million)
Figure 28. Mexico Power Cable Market, 2021-2031 ($Million)
Figure 29. UK Power Cable Market, 2021-2031 ($Million)
Figure 30. Germany Power Cable Market, 2021-2031 ($Million)
Figure 31. France Power Cable Market, 2021-2031 ($Million)
Figure 32. Russia Power Cable Market, 2021-2031 ($Million)
Figure 33. Rest of Europe Power Cable Market, 2021-2031 ($Million)
Figure 34. China Power Cable Market, 2021-2031 ($Million)
Figure 35. Japan Power Cable Market, 2021-2031 ($Million)
Figure 36. India Power Cable Market, 2021-2031 ($Million)
Figure 37. South Korea Power Cable Market, 2021-2031 ($Million)
Figure 38. Rest of Asia-Pacific Power Cable Market, 2021-2031 ($Million)
Figure 39. Latin America Power Cable Market, 2021-2031 ($Million)
Figure 40. Middle East Power Cable Market, 2021-2031 ($Million)
Figure 41. Africa Power Cable Market, 2021-2031 ($Million)
Figure 42. Top Winning Strategies, by Year
Figure 43. Top Winning Strategies, by Development
Figure 44. Top Winning Strategies, by Company
Figure 45. Product Mapping of Top 10 Players
Figure 46. Competitive Dashboard
Figure 47. Competitive Heatmap of Top 10 Key Players
Figure 48. Top Player Positioning, 2021
Figure 49. Riyadh Cables Group Company.: Net Sales ($Million)
Figure 50. Prysmian Group (General Cable).: Net Sales ($Million)
Figure 51. Lapp North America.: Net Sales ($Million)
Figure 52. Nexans S.A..: Net Sales ($Million)
Figure 53. Brugg Cables.: Net Sales ($Million)
Figure 54. Nkt A/S.: Net Sales ($Million)
Figure 55. Finolex Cables Limited.: Net Sales ($Million)
Figure 56. Encore Wire Corporation.: Net Sales ($Million)
Figure 57. Polycab India Ltd.: Net Sales ($Million)
Figure 58. Kei Industries Ltd..: Net Sales ($Million)
Figure 59. Tpc Wire & Cable Corp.: Net Sales ($Million)
Figure 60. Abb Ltd.: Net Sales ($Million)
Figure 61. Belden Incorporated.: Net Sales ($Million)

Executive Summary

According to the report titled, “Power Cable Market," The power cable market was valued at $148.6 billion in 2021 and is estimated to reach $277.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.

The power cable market is likely to experience a significant growth rate of 6.4% from 2022-2031 owing to increasing market demand from residential end use.

An electrical power cable is a type of cable that is used for electrical energy transmission and distribution. Two or more electrical conductors are joined by an over sheath to form a power cable. It is used to transmit extremely high voltages in locations like the sea, over airfields, and other places where overhead wires are impractical to operate. The conductor, dielectric, and sheath are the three primary parts of the power cable. The cable's conductor acts as the current's conducting path. The dielectric or insulation protects the conductor from extraneous things and can bear the service voltage. The sheath shields the cables from any outside influences, including fire and chemical or electrochemical attacks.

Key factors driving the growth of the power cable market include the rise in the trend of renewable energy generation, the increase in the deployment of new power grid infrastructure, and the rise in the implementation of smart grids. In addition, there has been a sharp rise in economic activity and urbanization, which is anticipated to fuel the expansion of the infrastructure and building sectors. The demand from a variety of industries, including commercial, residential, telecom, energy and power, and automotive, is causing the infrastructure to be modernized. Therefore, the construction of new office and residential buildings as well as the renovation of deteriorating infrastructure are predicted to propel the market positively.

The market offers growth opportunities to the key players in the market. Smart grids improve the profit margins of electricity distribution businesses by lowering the costs associated with traditional grids, particularly operational costs brought on by power outages. Additionally, global various government has taken a number of actions to promote the deployment of the smart grid. For instance, the New York state government, through NYSERDA, invested significantly in the innovation of smart energy technologies. The region chases to expand clean energy technologies, keep energy bills low, reduce carbon emissions, and improve grid reliability. Thus, government initiatives taken for the implementation of smart grids significantly drive the power cable market.

The power cable market is segmented on the basis of distribution type, voltage rating, and region. By voltage rating, the market is segmented into Up to 36 kV, 37 kV To 100 kV, 101 kV To 250 kV, 251 kV to 350 kV, and 351 kV and above. By end use, the market is segmented into residential, commercial, industrial, and utilities.

Region-wise, the power cable market trends are analyzed across North America (the U.S., Canada, and Mexico). Europe (UK, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Country-wise, China acquired a prime share in the power cable market and is expected to grow at a significant CAGR during the forecast period of 2022-2031. China, holds a dominant position in the power cable market, owing to the rise in the deployment of smart grid infrastructure to fulfill the demand for electricity.

The key players profiled in the study include ABB Ltd, Belden Incorporated, Encore Wire Corporation, Finolex Cables, KEI Industries Limited, LAPP North America, Nexans, NKT A/S, Prysmian Group, and TPC Wire & Cable Corp. The players in the market have been actively engaged in the adoption of various strategies such as acquisition, investment, product launch, expansion, partnership, contract, product development, and agreement. For instance, in March 2021 the U.S. government introduced a U.S. $2 trillion plan for the nation's infrastructure to be upgraded in order to build the most robust, cutting-edge economy in the world. Additionally, the plan calls for the reconstruction of 20,000 miles of roads, the restoration of 10 significant bridges, and the construction of a more durable energy transmission system in order to achieve carbon-free electricity generation by 2035.

Key Market Insights

  • By distribution type, the submarine and underground segments collectively accounted for around 90.41% market share in 2021.
  • The up to 36 k
  • V segment was the highest revenue contributor with $16,616.77 million in 2021 and is estimated to reach $24,553.7 million by 2031, with a CAGR of 3.9%.
  • The industrial and utilities segments are expected to witness considerable CAGRs of 5.9% and 5.3%, respectively, during the forecast period.
  • Based on region, Mexico and Canada are expected to witness considerable CAGRs of 6.5% and 5.4%, respectively, during the forecast period.

Companies Mentioned

  • Riyadh Cables Group Company
  • Prysmian Group (General Cable)
  • LAPP North America
  • Nexans S.A.
  • Brugg Cables
  • NKT A/S
  • FINOLEX CABLES LIMITED
  • Encore Wire Corporation
  • Polycab India Ltd
  • KEI Industries Ltd.
  • TPC Wire & Cable Corp
  • ABB Ltd
  • Belden Incorporated

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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