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 global 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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