Global Cable Market is
segmented, By Product Type into LV (Low voltage), MV (Medium voltage), and HV
(High Voltage). The cables are manufactured under eco-friendly norms and come
across as safe, dependable, fire retardant, fire resistant, lead-free &
halogen free. A cable comprises two wires consecutively sided by and bonded,
perverse or braided together to form a single assembly. They are terminally
referred to as a nautical line of precise length where multiple ropes, each
laid clockwise, are then laid together and shackled to produce a strong thick
line, resistance to water absorption.
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Growing demand for in-vehicle
wiring applications is also expected to considerably fuel market demand over
the next six years. In addition, growth across the power transmission &
distribution sector may also propel the wire and cable market demand. Rapid
urbanization and infrastructure development along with increasing transmission
grid volume are also predictable to attend as a driver to market growth. In
electrical engineering cables are used to carry electric currents. An optical
cable contains one or more optical fibers in a defensive jacket that supports
the fibers in the Cable Market. Mounting environmental apprehension connected
to recycling and disposable of automotive wires and cables may pose a challenge
to market growth in future. Further, cumulative practice of wireless devices
may also delay the wire and cable market appeal. In addition, growing
popularity of fiber-optic cables may also pose a threat to market growth over
the foreseeable period.
Power low voltage cables (LV
cables) are used for electrical equipment with a voltage rating between 50 and
1000V for alternating current and between 75 and 1500V for direct current,
thereby they are not subjected to high electric stress. They are mainly made
from plain or tinned copper or solid or stranded aluminum, and the wire can
have a circular, compacted or shaped configuration in the Cable Market. General
Cable is recognized as a world-class leader in the development and design of
medium-voltage industrial cables. With its extensive technical and engineering
expertise and a state of the art compound facility, General Cable is committed
to using materials with the best overall properties to create the most
comprehensive line of industrial power cables to meet your design requirements
– no matter what the challenge.
As a result, General Cable
offers a wide range of medium- voltage industrial cables from 2.4 kV to 35 kV
that are ideally suited for performance-demanding applications and provide a
proven record of reliable performance. These cable solutions include
non-shielded Type MV-90 and copper tape shielded type MV-105 designs used
extensively in pulp and paper mills, petrochemical plants, sewage treatment
facilities, water treatment plants, environmental protection systems, power
generating stations, and other industrial applications. HV conductors or cables
have voltage ratings above 33 kV and are used in transmission lines to transmit
electricity from the power plants to the distribution stations. Cable Market is
segmented, By Geographical Region into North America, Asia-Pacific, China,
India, and Japan. Asia-Pacific is expected to exhibit high growth over the
forecast period, which can be attributed to increase in demand from the
countries like China and India. Cable Market Key Players include Belden Inc,
Cords Cable Industries, Limited, Finolex Cables, Torrent Cables, Chongqing
Yuneng, Taishan Electric Wire and Cable, Enfield Cables, LS Cable & System,
Hitachi Cable and Marlin Wire.
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