A power distribution cable is an electrical cable, an assembly of one or more electrical conductors, usually held together with an overall sheath. The assembly is used for transmission of electrical power. Power cables may be installed as permanent wiring within buildings, buried in the ground, run overhead, or exposed.
In the last several years, global market of Power Distribution Cables develop rapidly, with an average growth rate of 9.85%. In 2017, global revenue of Power Distribution Cables is nearly 74.7 billion USD.
The classification of HV, MV and LV, and the proportion of HV in 2017 is about 44.18%, and the proportion is in decreasing trend from 2013 to 2017.
Power Distribution Cables is widely used in overland, underground and submarine. The most proportion of Power Distribution Cables is overland, and proportion in 2017 is about 42.36%.
Asia-Pacific is the largest consumption place, with a consumption market share nearly 38.62% in 2017. Following Asia-Pacific, Europe is the second largest consumption place with the consumption market share of 27.46%.
Market competition is intense. Prysmian Group, Nexans, Sumitomo Electric, Furukawa, General Cable, Southwire, Leoni, LS Cable & Systems, Fujikura, Baosheng Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.