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Middle East Cable Market Sales, Price, Revenue, Gross Margin and Share 2023

A new report on Middle East Cable market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Middle East Cable market in tandem with its competitive terrain.

Growing applications across the utility and industrial sector coupled with product and technology innovation is expected to catapult demand across Saudi Arabia and UAE. Increased energy demand on account of considerable infrastructure activities is also projected to drive Middle East cables market size.

Since these products find use in buildings, underground wiring as well as overhead applications, technology advancements across the core electronics and telecommunication sectors are poised to augment potential use cases.

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Middle East Cable Market size is forecast to reach USD 11.98 billion by 2023; as per a new research report

Middle East Cable Market Sales, Price, Revenue, Gross Margin and Share 2023
Middle East Cable Market Sales, Price, Revenue, Gross Margin and Share 2023

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Lightweight LVDC high temperature superconductor (HTS) upgrades along with other technological advancements across commercial applications are forecast to help enhance transmission efficiency. Increased number of power projects coupled with the presence of aging equipment that requires replacement and upgrades will propel Middle East cable market revenue in the coming years.

Volatile raw material costs may result in unfavorable Middle East cable market price trend, and restrain growth. The need to increase grid interconnection in the industrial sector is expected to give impetus to new overhead transmission lines.

Cross-linked polyethylene (XLPE) and tree retardant (TR) insulation consumption is on the rise due to growing demand for submerged cables that utilize these materials.

Key insights from the report include:

High voltage cable market share contributed over 20% to the overall revenue in 2015, with 10.5% CAGR estimations from 2016 to 2023. This is primarily due to increased penetration across submarine use cases backed by reinforcements of national interconnects, strengthening of regional transmission and increasing offshore wind projects.

Major Highlights from Table of contents are listed below for quick lookup into Middle East Cable Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Middle East Cable Market
  • Product trends
  • Application trends

Chapter 3. Middle East Cable Industry Insights

  • Middle East Cable Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Middle East Cable industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Middle East Cable Market Technology & innovation landscape
  • Industry impact forces
  • Middle East Cable Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Middle East Cable Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Middle East Cable Market
  • SWOT Analysis

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