Lucintel Forecasts the Global Special Power Cable Sales Market to Grow with a CAGR of 5.7% from 2025 to 2031
Lucintel Forecasts the Global Special Power Cable Sales Market to Grow with a CAGR of 5.7% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global special power cable sales market looks promising with opportunities in the high rise building, subway, mall, tunnel, and hospital markets. The global special power cable sales market is expected to grow with a CAGR of 5.7% from 2025 to 2031. The major drivers for this market are rising demand for renewable energy, the increase in infrastructure development, and the growing adoption of electric vehicle.
A more than 150-page report to understand trends, opportunity and forecast in global special power cable sales market to 2031 by type (mineral insulated cable, halogen-free low-smoke irradiation cross-linked wire & cable, and anti-rodent & anti-ant cross-linked cable), application (high rise building, subway, mall, tunnel, and hospital), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, halogen-free low-smoke irradiation cross-linked wire & cable is expected to witness the highest growth over the forecast period due to the increasing demand for safer cables in construction.
Within the application category, high rise building is expected to witness the highest growth due to the rising demand for vertical urbanization.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to the growing demand for infrastructure development.
LEONI, Coficab, PEWC, Anixter, Yura Corporation, Qingdao Hanhe Cable, Jinlongyu Group, Sinostar Cable, Guangzhou Nanyang Cable Group, Dongguan Minxing Cables are the major suppliers in the special 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.
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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