The increasing number of investments and government initiatives for power grids, rapid developments in construction across developing economies, surging cross border electricity trading, and rising adoption of galvanized iron pipe in the residential sector drives the market growth. On the contrary, the rising cost of copper is reducing its adoption across the residential sector, further hampering the market growth.
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧,𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝑭𝒓𝒆𝒆 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐇𝐞𝐫𝐞 ➦ https://straitsresearch.com/report/earthing-and-cable-accessories-market/request-sample
Rapid urbanization and the need to complement the infrastructure drives the earthing and cable accessories market as there is a tremendous need for good electrical power systems to protect the buildings from unpredictable electric shocks. The emergence of smart city projects such as the ‘Toyota Woven City’ in Japan, ‘ReGen Villages’ in Amsterdam, ‘Smart Nation’ initiatives in Singapore, and ‘City Brain’ project in China provides an impetus to the market growth. Approximately 60% of the infrastructure investment is expected from the emerging economies, mostly from Asia. As per the ‘Global Powers of Construction Report, ’ China is the largest market in the construction sector and holds about 41% of the global construction company sales value.
The Asian Infrastructure Investment Bank (AIIB) and China’s Belt and Road Initiative (BRI), an infrastructure financing initiative launched in 2013, is projected to offer umpteen opportunities to Central and Southwest Asia countries. In North America, the International Monetary Fund anticipates a rise in Canada’s GDP; thus opening new opportunities for the expansion of the total workforce. Additionally, the favorable global scenarios of the construction industry will upswing the market. The total spending in the construction industry was accounted for USD 11.4 trillion and is expected to reach USD 14 trillion by 2025, further driving the market growth.
Key Players
- Legrand (Seico)
- ABB (Furse)
- Dehn
- Harger Lightning & Grounding
- Kingsmill Industries UK Ltd
- N Wallis
- Erico
- Kumwell
- Lightning Protection International Pty Ltd (LPI)
- Leeweld
- Gersan
- Hex
- Axis Electrical Components (India) Pvt. Ltd
- Super Impex
By Region
- NorthAmerica
- Europe
- AsiaPacific
- LAMEA
The prime objective of Electrical Heating Cables report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches.
Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/105197/global-regional-electrical-heating-cables-2021-2027-385 An electric heating cable is a wire cable that produces heat, also referred to as heat trace cable amongst the industry.
It is used for a wide range of applications including heat loss replacement, pipe tracing, freeze protection, viscosity control, temperature process maintenance, roof and gutter, and much more.The global Electrical Heating Cables market was valued at 2504.12 Million USD in 2020 and will grow with a CAGR of 4.93% from 2020 to 2027, based on Our Researcher newly published report.In this report, it mainly focuses on the industrial applications.Electric heating cable is mainly classified into four types: self-regulating, constant wattage, mineral insulated and skin-effect heating cable.
Raychem, SST, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Anbang, Eltherm, Heat Trace Products, Anhui Huayang and Chromalox are the key producers in the global electric heating cable market.
Other key suppliers are Raychem, Anhui Huanrui, Thermon, Bartec, Wuhu Jiahong, Emerson, Eltherm, etc.By Market Verdors:RaychemSSTAnhui HuanruiThermonBartecWuhu JiahongEmersonAnbangElthermHeat Trace ProductsAnhui HuayangChromaloxIsopadKing ManufacturingFlexelecGarnischFINE UnichemSunTouchUreconThermopadsBy Types:Self-regulating Electric Heating CableConstant Wattage Electric Heating CableMineral Insulated Electric Heating CableSkin-Effect Electric Heating CableBy Applications:IndustrialResidentialCommercialKey Indicators AnalysedMarket Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027.
With detailed analysis by types and applications.Market Trends: Market key trends which include Increased Competition and Continuous Innovations.Opportunities and Drivers: Identifying the Growing Demands and New TechnologyPorters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.Key Reasons to PurchaseTo gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.Assess the production processes, major issues, and solutions to mitigate the development risk.To understand the most affecting driving and restraining forces in the market and its impact in the global market.Learn about the market strategies that are being adopted by leading respective organizations.To understand the future outlook and prospects for the market.Besides the standard structure reports, we also provide custom research according to specific requirements.Reasons to Purchase Our Research Report:1.
