Latin America Low Voltage Cables Market Size, Share & Trends Analysis Report By Type (Overhead, Underground), By End-use (Residential, Industrial, Commercial), By Country, And Segment Forecasts, 2024

Description

Latin America Low Voltage Cables Market Growth & Trends:

The Latin America low voltage cables market size is expected to reach USD 13.25 billion by 2030, registering to grow at a CAGR of 4.0% from 2024 to 2030 according to a new report by Grand View Research, Inc. Latin America has undergone a high degree of industrialization over the last decade with several multinational companies making their presence in this region. These companies need high operating power, which has consequently increased the demand for power cables used in distribution networks. These products are required in high quantity for machine installation and power transmission and distribution.

Low voltage power cables have expanded into several application sectors including conventional electrical power supply as well as gadget assembly. Sophisticated gadgets have penetrated into the Latin American as well as the Central American markets owing to the rising disposable income of people and a general increase in awareness about the latest technology introduced in the market.

With the advent of industrialization, robots have been installed to increase production as well as perform dangerous tasks deemed unsafe for humans in a safe manner. These robots also perform dull, monotonous tasks efficiently, thereby boosting production to a large extent. These products are used in industrial robots, thereby boosting low voltage power cables market demand.

Latin America Low Voltage Cables Market Report Highlights:

The overhead segment accounted for the largest market revenue share of 63.8% in 2023 due to the rapid urbanization and industrialization in developing countries. Overhead low voltage cables are preferred for long-distance power transmission due to their cost-effectiveness and ease of installation compared to underground cables.
The residential segment accounted for the largest market revenue share of 56.5% in 2023. The increasing urbanization and rising disposable incomes are leading to a surge in residential construction and renovation activities.
Latin America low voltage cables market is anticipated to witness significant growth. The region is witnessing significant investments in infrastructure development, including power grid upgrades and expansions, which drive demand for low voltage cables.

Product Code: 978-1-68038-532-8

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Latin America Low Voltage Cables Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Latin America Low Voltage Cables Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Latin America Low Voltage Cables Market: Type Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Latin America Low Voltage Cables Market: Type Movement Analysis, 2023 & 2030 (USD Million)
4.3. Overhead
- 4.3.1. Overhead Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Underground
- 4.4.1. Underground Sensor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Latin America Low Voltage Cables Market: End Use Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Latin America Low Voltage Cables Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
5.3. Residential
- 5.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Industrial
- 5.4.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Commercial
- 5.5.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Latin America Low Voltage Cables Market: Regional Estimates & Trend Analysis

6.1. Latin America Low Voltage Cables Market Share, By Region, 2023 & 2030 (USD Million)
6.2. Latin America
- 6.2.1. Latin America Low Voltage Cables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Brazil
  - 6.2.2.1. Brazil Low Voltage Cables Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. Prysmian S.p.A
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Nexans
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. ABB
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Sumitomo Electric Industries, Ltd.
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. NK Communications
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Encore Wire Corporation
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. LEONI AG
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. FINOLEX CABLES
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Southwire Company, LLC
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Polycab India Limited
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/ Strategic Initiatives

Latin America Low Voltage Cables Market Size, Share & Trends Analysis Report By Type (Overhead, Underground), By End-use (Residential, Industrial, Commercial), By Country, And Segment Forecasts, 2024 - 2030