China Wires And Cables Market report thoroughly covers the market by voltage, installation, product, material, end-users, and regions including central, western, southern, and eastern regions. The China wires and cables market outlook report provides an unbiased and detailed analysis of the on-going China wires and cables market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

China Wires and Cables Market Synopsis

China Wires and Cables Market is anticipated to grow rapidly owing to good domestic demand and strong economic growth across China. The market will be driven by solid growth in key downstream industries. The power generation sector in China will develop strongly due to the construction of new power grids. The increase in power grids would increase the demand for wires and cables in the Chinese market. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, China Wires and Cables Market size is projected to grow at CAGR of 5.7% during 2020-2026. China is the key exporter of wires and cables globally, During the COVID-19 outbreak in the country, the export of wires and cables have substantially reduced due to resulting in a decrease in the revenue generated by the market for the year 2020-21. The Chinese government rules for rural electrification also play a vital role in the growth of the wires and cables market. Rural electrification involves major actions such as improved communication, setting electricity infrastructure, and providing connectivity to households. Rural electrification is expected to drive the product demand in the forthcoming years due to the installation of wires and cables network.

Market Analysis by Material

On the basis of material, Copper wires portray dominance in terms of revenue in 2019 of the wires and the cables market due to several features such as high durability, low maintenance cost, and high usage in high voltage applications. Further, copper wires and cables are anticipated to register a surge in demand on account of their increasing usage in commercial and transportation sectors in the years to come.

China wires and cables market anticipated witness potential growth in the upcoming six years on the back of the substantial growth of the telecommunication and oil & gas industry. On the basis of end-users, the Power utility industry is expected to gain traction in the market owing to increased government initiatives towards investing in power grid infrastructure is leading to smooth electricity supply in the country and rising private sector investment for the technical advancement in power grid equipment and is proliferating the deployment for wires and cables coupled with the rapid increase in suburban population is leading to rising household construction tends to significant demand for its and cables and is estimated to boost the substantial growth of China wires and cables market in the coming timeframe. 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2020.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Historical data of China wires and cables market revenues for the period 2016-2019
• China wires and cables market size and market forecast of revenues, until 2026F
• Historical data of China wires and cables market revenues, by voltages, for the period 2016-2019
• China wires and cables market size and market forecast of revenues, by voltages, until 2026F
• Historical data of China wires and cables market revenues, by installation, for the period 2016-2019
• China wires and cables market size and market forecast of revenues, by installation, until 2026F
• Historical data of China wires and cables market revenues, by products, for the period 2016-2019
• China wires and cables market size and market forecast of revenues, by products, until 2026F
• Historical data of China wires and cables market revenues, by material, for the period 2016-2019
• China wires and cables market size and market forecast of revenues, by material, until 2026F
• Historical data of China wires and cables market revenues, by end user, for the period 2016-2019
• China wires and cables market size and market forecast of revenues, by end user, until 2026F
• Historical data of China wires and cables market revenues, by region, for the period 2016-2019
• China wires and cables market size and market forecast of revenues, by region, until 2026F
• Market Drivers and Restraints.
• Market Trends and Developments.
• Player Market Share and Competitive Landscape.
• Company Profiles.
• Strategic Recommendations.

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

• By Voltages
• Low Voltage
• Medium Voltage
• High Voltage
• Extra-High Voltage

• By Installation
• Overhead
• Underground
  
  
• By Products
• Fiber Optic Cable
• Co-Axial Cable
• Other Cables

• By Material
• Copper
• Aluminum
• Glass

• By End Users
• Aerospace & Defense
• Building & Construction
• Oil & Gas
• Energy & Power
• IT & Telecommunication
• Others

• By Region
• Central
• Western
• Eastern
• Southern

 Frequently Asked Questions About the Market Study:

• Does the report consider COVID-19 impact?
  The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.

• How much growth is expected in the China Wires and Cables Market over the coming years?
  The China Wires and Cables Market revenue is anticipated to record a CAGR of 5.7% during 2020-2026.

• Which segment has captured key share of the market?
  Underground segment is the leading market segment in the overall market revenues in the year 2019.

• Which segment is exhibited to gain traction over the forecast period?
  Copper Wires segment is expected to record key growth throughout the forecast period 2020-2026.

• Who are key the key players of the market?
  The key players of the market include- Apar Industries Ltd., Finolex Cables Ltd., Havells India Ltd., KEI Industries Ltd., Panasonic Corp., Polycab India Ltd., RR Kabel Ltd., Sterlite Power Transmission Ltd.

• Is customization available in the market study?
  Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements

• We also want to have market reports for other countries/regions.
  6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

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