Title: PPT for Levant Power Cable Market Share, Industry Analysis, by 2017 - 2024
1Levant Power Cable Market, Regional Outlook
Forecast 2017 - 2024
Levant Power Cable Market Size, By Product
(Power, Control), By Voltage (HV, MV, LV), By
Application (Oil Gas, Construction, Utility,
Manufacturing, And Transport), Industry Analysis
Report, Regional Outlook (Cyprus, Egypt, Iraq,
Israel, Jordan, Lebanon, Palestine, Syria, And
Turkey), Price Trends, Competitive Market Share
Forecast, 2017 2024
2 Global Market Scenario of Levant Power Cable
- Levant Power Cable Market share will surpass USD
6 billion by 2024, as reported in the latest
study by Global Market Insights, Inc. - Growing investments towards infrastructure
development among war affected countries
including Syria and Iraq will drive the levant
power cable market size. - Growing government and private funding to
refurbish the war affected public assets will
drive the levant power cable market size. - Government of Iraq signed a strategic agreement
with Siemens to strengthen and upgrade the
countrys traditional energy infrastructure with
the modern and secured systems. - In 2016, Iraq invested USD 358 billion toward
construction projects post-civil war.
3Syria Cable Market Size, By Application, 2016
(USD Million)
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4Products Insights
- MV power cable market is set to exceed USD 2
billion by 2024 owing to its high adaptability
across the transmission and distribution
applications. In 2016, Egyptian Electricity
Transmission Company (EETC) announced an
investment of over USD 1.6 billion towards the
strengthening of its existing transmission
network. - Growing measures to re-establish the
communication networks including telecom will
propel the demand for data and control cables.
Introduction of IoT and other smart communication
networks across manufacturing, mining and
upstream OG will positively drive the levant
power cable market.
5 Regional and Competitive Insights
- Syria power cable market is witnessing
significant downturn on account of internal
conflicts between government and rebels. However,
post-civil war the industry is poised to witness
exponential growth subject to growing
construction spending toward rebuilding of
affected areas. - Turkey power cable market is set to exceed USD 2
billion by 2024. Favourable industrial law along
with ideal geographic location has always
attracted the global investors to invest in.
Ongoing expansion programs across energy,
transport and communication sector will further
supplement the business outlook. - Key players across the Levant power cable market
include Bahra, Riyadh Cables, MESC Jordan,
Nexans, KEI Limited, Prysmian, The Okonite
Company, Southwire Company, Belden, Oman Cables,
Saudi Cables, Sumitomo Electric, DUCAB, Nuhas
Oman, and El-Sewedy.
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