Infinium Global Research High Voltage Cables & Accessories Market Global In | Page 9

High Voltage Cables & Accessories Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024 The rising need for high power transmission and distributions, improved buying power of individuals, together with per capital consumptions has led to upsurge the demand for energy. Private manufacturers, service vendors, and Government organizations are concentrating on integrating their present technologies with high voltage power transmission systems in order to increase their capacity considerably. Additionally, offshore wind farms are increasing and need for effective transmission systems drives the market. The price of raw material is not stable are likely to restraint the growth of the market. Among the region, Asia-Pacific is expected to be the largest market for high voltage power cables wing to China lead the high voltage cables & accessories market in this region. The leading players in the global High Voltage Cables &Accessoriesmarket include Nexans S.A., Prysmian S.P.A., Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., Jiangnan Group Limited,General Cable Corporation, NKT Cables Group A/S, KabelwerkeBrugg AG, LS Cable & System Ltd. and EL Sewedy Electric Company. GlobalHigh Voltage Cables & Accessories Market, CAGR (USD Mn) growth by regions (2018 – 2024) X.X X.X 2018 2024 X.X X.X 2018 2024 X.X 2018 © Infinium Global Research X.X 2024 Page 9