Low Voltage Cable Market Size & Share, by Installation (Overhead, Underground); Voltage (1V-240V, 241V-440V, 441V-1000v); Material (Copper, Aluminum); End-user (Commercial, Residential, Industrial, Infrastructure) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5150
  • Published Date: Aug 11, 2023
  • Report Format: PDF, PPT

Companies Dominating the Low Voltage Cable Market

    • ABB Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Prysmian SpA
    • KEI Industries Limited
    • NKT Cables Group GmbH
    • Cablel Hellenic Cables Group
    • General Cable
    • Brugg Kabel AG
    • Zest WEG
    • Encore Wire Corporation
    • Finolex Cables

Browse Key Market Insights with Data Illustration:


In The News

  • Northern Powergrid, in the UK has recently unveiled a plan aimed at digitizing and decarbonizing its grid over the next five years. The company has set aside a budget of USD 321.5 million to facilitate its transition into a distribution network operator. A significant portion of this funding amounting to USD 8.2 million will be dedicated to the analysis and replacement of low voltage cables.
  • Zest WEG has recently signed a supply agreement with Anglo American Platinum. The purpose of this agreement is to install electric control and instrumentation equipment at the North Concentrator Plant, in Mogalakwena mine located in the Limpopo province. As part of this project 70 kilometers of low voltage and medium voltage cable will be laid.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5150
  • Published Date: Aug 11, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the low voltage cable market include the increasing demand for energy-efficient solutions, the growing focus on renewable energy sources, and the increasing demand for smart grid infrastructure.

The market size of low voltage cable is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023 – 2035.

The major players in the market are ABB Ltd., Prysmian SpA, KEI Industries Limited, NKT Cables Group GmbH, Cablel Hellenic Cables Group, General Cable, Brugg Kabel AG, Zest WEG, and others.

The underground segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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