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2020 - Aerial cable markets around the world in 2024, a rate of nearly 5% _ _ cable wire and cable information network
by：AAA
2020-12-13
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Cable network - 】
According to the international market the latest report released by Technavio, 2020 -
In 2024, the global aerial cable market scale is expected to grow to 185.
During the period of $900 million, a compound annual growth rate will be close to 5%.
grid infrastructure upgrades is one of the main factors to promote the growth of the market. With the smart grid will be analog or digital information and based on computer control and automation of merged into the field of power grid, smart grid has been used in many countries, more and more. Growth is mainly due to the growth of electricity demand increase the investment in the smart grid. Therefore, intensified the demand for aerial cable. With the popularity of the smart grid, the next few years would increase demand for aerial cable.
on the other hand, the expanding of network is one of the main trend of the aerial cable market, will also promote the market growth. The expansion of city circle and the growth of population, increased the demand for railway network connectivity to improve. This produces the transmit electricity system for railway power cable. Railway industry is a large number of investment and technological progress, this stimulated the demand for railway industry and aerial cable. Country with a large railway network has planned to invest large sums of money to optimize network, triggering more demand for power cable.
in 2019, the asia-pacific region is the world's biggest aerial cable regional markets, in the prediction period, power demand increases due to population growth, rapid industrialization, urban migration and higher living standards will greatly promote the region during the forecast period of aerial cable market growth.
in the forecast period, 68% of the market growth will come from the asia-pacific region. China, India and Japan are the overhead cables major markets in Asia and the Pacific. The region's growth will be faster than in other parts of the market growth.
from the point of voltage grade, high voltage overhead cables are usually used to power plant power transmission to transformer substation and the end user. Transmission infrastructure upgrades, increasing the capacity and the use of renewable energy power generation of more and more, the demand on high voltage cable. However, high electric voltage in aerial cable market share growth will be slower than market growth.
grid infrastructure upgrades is one of the main factors to promote the growth of the market. With the smart grid will be analog or digital information and based on computer control and automation of merged into the field of power grid, smart grid has been used in many countries, more and more. Growth is mainly due to the growth of electricity demand increase the investment in the smart grid. Therefore, intensified the demand for aerial cable. With the popularity of the smart grid, the next few years would increase demand for aerial cable.
on the other hand, the expanding of network is one of the main trend of the aerial cable market, will also promote the market growth. The expansion of city circle and the growth of population, increased the demand for railway network connectivity to improve. This produces the transmit electricity system for railway power cable. Railway industry is a large number of investment and technological progress, this stimulated the demand for railway industry and aerial cable. Country with a large railway network has planned to invest large sums of money to optimize network, triggering more demand for power cable.
in 2019, the asia-pacific region is the world's biggest aerial cable regional markets, in the prediction period, power demand increases due to population growth, rapid industrialization, urban migration and higher living standards will greatly promote the region during the forecast period of aerial cable market growth.
in the forecast period, 68% of the market growth will come from the asia-pacific region. China, India and Japan are the overhead cables major markets in Asia and the Pacific. The region's growth will be faster than in other parts of the market growth.
from the point of voltage grade, high voltage overhead cables are usually used to power plant power transmission to transformer substation and the end user. Transmission infrastructure upgrades, increasing the capacity and the use of renewable energy power generation of more and more, the demand on high voltage cable. However, high electric voltage in aerial cable market share growth will be slower than market growth.
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