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2013-18 global power cable market compound annual growth rate of 6.63%

Information Source:Henan Huadong Cable Co., Ltd  Release date:2014-06-30

power cables

Recently, the market research agency global authoritative Technavio analyst forecasts, 2013-2018 years, the global power cable market will grow at a compound annual growth rate of 6.63%.

Global power cable market can be divided into four parts, low voltage cable, medium voltage cables, high voltage cable and ultra high voltage cable.

The Technavio report is analyzed based on the market within the industry experts, covering the Americas, Europe, the Middle East and the Asia Pacific region, Africa. The contents of the report include the development prospects of global power cable market situation and the next few years, the market an important analysis in business.

Power cable is used for the transmission of different voltage level of power, mainly used for overhead lines, underground construction, wiring applications. Power cables can be of various sizes and shapes according to the communication, electrical equipment, building and the requirements of the automotive industry. According to the working voltage, power cable can be divided into 4 categories, respectively is the low-pressure, medium pressure, high pressure and ultra high pressure.

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