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Europe Power and Control Cable Market Share

Report ID: GMI7391
Published Date: Nov 2023
Report Format: PDF

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Europe Power and Control Cable Market Share

Prysmian Group is a prominent player in the Europe power and control cable industry, renowned for its extensive proficiency in designing and manufacturing a diverse range of cable technologies, encompassing power cables and control cables. With a longstanding history in the cable industry, the company has delivered cable solutions for a wide array of applications, catering to various industries and utilities.

Some of the key market players operating across the Europe power and control cable industry are:

Prysmian Group
Nexans
Southwire Company LLC
Belden Inc.
KEC International Ltd.
FURUKAWA ELECTRIC CO., LTD.
LS Cable & System Ltd.
NKT A/S
Sumitomo Electric Industries, Ltd.
Klaus Faber AG
KEI Industries Limited
RR Kabel
Brugg Cables
Universal Cables Limited
Eland Cables

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of Europe power and control cable was worth more than USD 22.1 billion in 2022 and is projected to witness 6.1% CAGR from 2023 to 2032, due to the depletion of traditional resources and rising concerns about the sustainability of escalating energy demand.

Europe power and control cable market size from the utilities applications is set to record over 5.8% CAGR from 2023 to 2032, owing to the greater emphasis by several governments on enhancing their existing Transmission and Distribution (T&D) networks.

U.K. recorded over 15.1% of the power and control cable industry share in 2022, driven by the growing emphasis on renewable energy sources in the region.

Some of the key power and control cable firms in Europe industry are Prysmian Group, Nexans, Southwire Company LLC, Belden Inc., KEC International Ltd., FURUKAWA ELECTRIC CO., LTD., LS Cable & System Ltd., NKT A/S, Sumitomo Electric Industries, Ltd., and Klaus Faber AG.