Lucintel Forecasts the Global Conventional Power Cable Sales Market is expected to grow with a CAGR of 5.2% from 2025 to 2031
Lucintel Forecasts the Global Conventional Power Cable Sales Market is expected to grow with a CAGR of 5.2% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global conventional power
cable sales market looks promising with opportunities in the rail, electric vehicle
charging station, and national defense engineering markets. The global conventional
power cable sales market is expected to grow with a CAGR of 5.2% from 2025 to 2031.
The major drivers for this market are the rising demand for electricity and the increasing
infrastructure development.
A more than 150-page report to understand trends, opportunity and forecast in
conventional power cable sales market to 2031 by type (low voltage power cable,
medium voltage power cable, and high voltage power cable), application (rail, electric
vehicle charging station, national defense engineering, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, low voltage power cable is expected to
witness the highest growth over the forecast period due to the increasing need for
power distribution system.
Within the application category, electric vehicle charging station is expected to witness
the highest growth due to the growing demand for charging infrastructure.
Download sample by clicking on conventional power cable sales market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Nexans, Furukawa, Southwire, Leoni, NKT, KEI Industries, Riyadh Cable, Qingdao
Hanhe Cable, Jinlongyu Group, Guangzhou Nanyang Cable Group are the major
suppliers in the conventional power cable sales market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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