loading
AAA

To the power and control cable market in 2024 will exceed $180 billion _ _ cable wire and cable information network

by:AAA     2020-12-13
To the power and control cable market in 2024 will exceed $180 billion

' Cable network - 】 According to Market Research firm Industrial Market Research to the latest study, by 2024 the global power and control cable Market scale will exceed $180 billion.

more and more measures to strengthen electric power transmission and distribution network, to meet the growing demand for electricity, market growth will help the power and control cable. According to the U. S. energy information administration, in the past six years, global demand for electricity has expanded by more than 3%, although because of inefficient power grid infrastructure leads to less than 16% of electricity demand.

global utilities are a major investment, in order to improve the transmission capacity, reducing the energy loss, it will have a positive impact on market prospects.

in 2016, the federal government announced a $10 billion funding, through the development of new and improved grid infrastructure, aimed at reducing the west reduction rate of the transmission network.

developing countries increased investment in construction and infrastructure industry will promote the scale of power and control cable markets around the world. Several countries, including China, India and the united Arab emirates, to launch the wisdom of the city will further stimulate demand.

in 2015, the China development bank and the department of housing and urban-rural development cooperation, announced a $12. 8 billion investment to promote the national wisdom city project.

in 2024, the power and control cables in the asia-pacific region the size of the market will exceed $100 billion. Ongoing rural electrification project, add to, safe and reliable power demand growth will have a positive impact on regional market scale. Has a bright future for renewable energy and developing industrialization will further promote the product requirements.

micro power grid for power transmission and distribution network expansion and adopted positive government action, will drive the medium voltage power and control cable market. In 2016, the Belgian Tideway of B. V。 Awarded the prysmian $14. 19 million contract for its 309 mw offshore wind farm project internal array of 33 kv medium voltage submarine cable.

in 2024, Britain's power and control cable market will grow by more than 3%. Government action will expand industry to sustainable energy future.

RTE in France and the UK national grid to ABB awarded the value 2. The $900 million contract to develop high voltage direct current for grid interconnection Britain and France. ABB will provide two light HVDC converter station, through an undersea cable connection.

the Middle East and Africa, power and control cables will increased by 2024 to more than 7% market share. The war affected countries, including Syria, the reconstruction of the investment and the expansion of power transmission and distribution network will stimulate the growth of the industry. According to Siemens, over the next 15 years, the region's capacity will be increased by 66%.

global power and control cable market participants including Polycab, prysmian, CMI, Havells, Nike, LS cable, electrician, ancient river south cable, general cable and sumitomo electric industries.

( This article starting cable net WWW. cableabc。 Com, reprint please indicate the source. )
Custom message
Chat Online 编辑模式下无法使用
Leave Your Message inputting...