At a CAGR of 6.5% Power Cable Market Expected to Reach $262.54 Billion by 2030

A power cable is used for transmission and distribution of electrical energy. It is an assembly of one or more electrical conductors, generally joined together with an over sheath. It may be installed as permanent wiring within buildings, run overhead, buried in the ground, or exposed. It primarily consists of three main components, such as conductor, dielectric, and sheath.


According to a new report published by Allied Market Research, titled, “Power Cable Market by Installation Type, Voltage, End Use, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global power cable industry size was valued at $143.01 billion in 2020, and is projected to reach $262.54 billion by 2030, registering a CAGR of 6.5%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by North America and Europe.

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The current situation of pandemic makes it very important for the stakeholders in the Power Cable Market size to understand the market deeply, which will help them in taking sound decisions to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.


Segregating the large problem into smaller parts makes it easy to solve even the complex problems. Similarly, to analyze the Power Cable Market effectively and efficiently, the market has been segmented into, type, applications, and region. The related graphs and data tables have made the analysis much impactful and easily understandable. The interested parties can surely rip the benefits of the report on the Power Cable Market.


The report offers a competitive analysis in the report, in which, the performance of the competitors in past, the revenue, and strategies framed are analyzed in detail. The key players in Power Cable Market are

The competitors’ analysis will be helpful for new entrants to frame the profitable strategies that will help them gain the market share and achieve the objective of wealth maximization.

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  • This study includes the Power Cable Market analysis, trends, and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and Power Cable Market opportunity.
  • The market size is quantitatively analyzed from 2019 to 2030 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Power Cable Market.

Key Market Segments

By Installation Type

  • Overhead
  • Underground
  • Submarine

By Voltage

  • Low
  • Medium
  • High

By End Use

  • Residential
  • Commercial
  • Industrial
  • Utilities

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China 
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
    • Latin America
    • Middle East 
    • Africa


Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.


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