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Low Voltage Power and Control Cable Market Share

Report ID: GMI8444
Published Date: Mar 2024
Report Format: PDF

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Low Voltage Power and Control Cable Market Share

Company Market Share Analysis, 2023, (%)

Prysmian Group stands as one of the major players in the low voltage power and control cable industry. Renowned for its extensive product portfolio and innovative solutions, Prysmian Group dominates with its advanced technologies and commitment to sustainability. Its widespread presence and reputation for reliability solidify its position as the foremost player in the industry.

Low Voltage Power and Control Cable Market Companies

Some of the major key players operating across the low voltage power and control cable industry are:

Bergen Cable Technology
Belden Inc.
Ducab
Furukawa Electric Co., Ltd.
KEI Industries Limited
KEC International Limited
Klaus Faber AG
LS Cable & System Ltd.
NKT A/S
Nexans
Prysmian Group
Riyadh Cables
RR Kabel
Southwire Company LLC
Sumitomo Electric Industries Limited

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of low voltage power and control cable was reached USD 58.1 billion in revenue in 2023 and is projected to witness around 7.2% CAGR through 2032, driven by increasing infrastructure development, industrial automation, and urbanization.

The power cables product segment held over 65% share of the low voltage power and control cable market in 2023, led by the increasing urbanization, industrialization, and infrastructure development.

Asia Pacific low voltage power and control cable market is projected to exceed USD 52.7 billion by 2032, propelled by rapid urbanization, infrastructure development, and industrial expansion across the region.

Bergen Cable Technology, Belden Inc., Ducab, Furukawa Electric Co., Ltd., KEI Industries Limited, KEC International Limited, and Klaus Faber AG are some of the low voltage power and control cable providers