Low Voltage Power Cable Market - Global Future | Emerging Growth Prospects by 2026

Monday, March 26, 2018 5:21 AM UTC

NEW YORK, March 26, 2018 -- Low Voltage Power Cable can be used in either wet or dry applications. It is sunlight and impact resistant. It is available in various reel sizes, and reel-less packages. Our utility cables are specially designed to be easy to handle and install. Low voltage power cables carries Single Aluminum Conductor Underground Power Utility Cable, which is made from the cross-linked polyethylene (XLPE) insulation, for underground applications requiring 600 volts or less.

Low Voltage Power Cable is segmented into copper cable and aluminum cable. It is widely used because copper cable wire is more ductile and less prone to electrical contact problems and thus offers a greater margin of safety than a corresponding aluminum cable. Driving growth factor for this segment is due to its smaller cross-section, the copper cable will also be easier to install and also is less susceptible to electricity. It is easier to install because the stiffness of the cable depends on the square of the cross-sectional area.

Aluminum cable is only available at nominal cross-sectional areas of at least 10 mm2 and the individual strands are still very thick compared to those in the equivalently sized copper cable. Technically so-called ‘finely stranded’ and ‘extra finely stranded’ conductors are only available in copper. Aluminum conductors available are significantly stiffer than the finest copper conductors and this difference has on occasion led to some rather costly surprises.

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Market of global Low Power Cables is dominated by Asia-Pacific and it had registered for a share of around 42%. Due to rise in industrialization and urbanization in Asia-Pacific is a major factor for the growth of the low voltage cable & accessories market in this region. Growth of the low Voltage cable market is contributed by China, U.S., India, Germany, U.K., Brazil, Canada, Saudi Arabia, South Africa, and Japan.

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Low Power Cables Market: Product Type