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Underground Cabling EPC Market size in 2017 exceeded USD 13 billion and is anticipated to surpass an annual installation of 40,000 miles by 2024.
The underground cabling EPC market in the current industrial regime has largely been influenced by various sets of regulatory guidelines and mandates, have standardized the deployment and manufacturing trend. In the recent years, suburban areas have been the prime focus for installers and regulators as these pose a significant potential for refurbishment & revamping of grid infrastructure. As per Europacable, 40,000 km EHV underground and submarine cables are to be build and refurbished in Europe, attracting an investment worth 150 billion euros (USD 170 billion) by 2030.
Report Attribute | Details |
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Base Year: | 2017 |
Underground Cabling EPC Market Size in 2017: | 13 Billion (USD) |
Forecast Period: | 2018 to 2024 |
Forecast Period 2018 to 2024 CAGR: | 5.2% |
2024 Value Projection: | 19 Billion (USD) |
Historical Data for: | 2013 to 2017 |
No. of Pages: | 836 |
Tables, Charts & Figures: | 1,399 |
Segments covered: | Configuration, Voltage Rating, Construction, Insulation, Installation and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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