Research and Markets: Middle East Cables Market Analysis 2015 By Product (Low-Voltage, Medium-Voltage, High-Voltage, Extra High-Voltage), By Application (Commercial, Industrial) And Segment Forecasts To 2020

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Research and Markets (http://www.researchandmarkets.com/research/rb38dc/middle_east) has announced the addition of the “Middle East (Saudi Arabia, UAE, Qatar, Egypt) Cables Market Analysis By Product (Low-Voltage, Medium-Voltage, High-Voltage, Extra High-Voltage), By Application (Commercial, Industrial) And Segment Forecasts To 2020” report to their offering.

The Middle East cables market is expected to reach USD 9.33 billion by 2020

Growing preference towards tree retardant XLPE material is anticipated to spur market growth over the forecast period. New product and technology innovation is expected to catapult the demand across mature markets such as Saudi Arabia and UAE.

Increasing government investments for economic and infrastructure growth is expected to provide avenues to the Middle East cables market. Further, tremendous increase in energy demand owing to ongoing infrastructure activities for Dubai Expo 2020 is also expected to drive regional market growth over the next six years. Increase in power transmission demand for organizing the FIFA World Cup 2020 in Qatar is providing avenues to the Middle East cables market.

Emergence of technologically advanced materials such as LVDC high temperature superconductor (HTS) cable is expected to assist market growth. Stringent regulations and several government initiatives with various national development projects are expected to be the key forces driving the Middle East cables market. Volatile prices of key raw materials such as copper and aluminum are anticipated to remain key challenge for market participants. However, technological advancements and innovations to develop eco-friendly, low cost and efficient cables are further expected to serve as growth opportunities for market growth.

Notable companies operating in the Middle East cables market include Riyadh Cables, El-Sewedy, Oman Cables, Saudi Cables and Ducab.

For the purpose of this study, the report has segmented the Middle East cables market on the basis of product, application and region:

Middle East Cables Product Outlook (Revenue, USD Million, 2012 – 2020)

• Low-Voltage
• Medium-Voltage
• High-Voltage
• Extra High-Voltage

Middle East Cables Application Outlook (Revenue, USD Million, 2012 – 2020)

• Commercial
• Industrial

Competitive Landscape

• Belden Inc.
• Ducab Cables
• El-Sewedy Cables
• Encore Wire Corp
• Finolex Cables
• Fujikura Ltd.
• Furukawa Electric
• General Cable Corporation
• International Wire Group
• KEI Limited
• LS Cable & System
• Nexans
• Oman Cables
• Prysmian
• Riyadh Cables
• Saudi Cables
• Southwire Company.
• Sumitomo Electric Industries, Ltd.
• The Okonite Company Inc.

For more information visit http://www.researchandmarkets.com/research/rb38dc/middle_east

View source version on businesswire.com: http://www.businesswire.com/news/home/20151102006771/en/

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Sector: Wire and Cables, Wire and Cables