PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1337511
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1337511
Europe HVAC Cables Market Introduction and Overview
According to SPER Market Research, 'Europe HVAC Cables Market Size- By Voltage, By Installation- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Europe HVAC Cables Market is predicted to reach USD 8.11 billion by 2033 with a CAGR of 5.78%.
HVAC cables a contraction of heating, ventilation, and air conditioning cables are specialised electrical cables created to deliver power and control signals to HVAC systems. The efficient and dependable operation of the HVAC system is ensured by the use of these cables to connect various HVAC components, including heating units, ventilation fans, air conditioners, and thermostats.
The COVID-19 pandemic had a significant and unprecedented impact on the Europe HVAC cables market. Lockdowns enforced by authorities, delays in project commissioning, labor shortages, and disruptions in supply chains were among the challenges faced. However, with favorable government measures such as social distancing and vaccination drives, the industry has gradually returned to normal operations. Additionally, the rising electricity demand and increasing energy imports and exports in the region will contribute to the market's growth.
Scope of the Report
Report Metric Details:
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Voltage, By Installation
Regions covered Austria, Belgium, Germany, Italy, Lithuania, Netherlands, Poland, Spain, UK, Rest of Europe
Companies Covered ABB Ltd, Baosheng High Voltage Cable Co. Ltd, Furukawa Electric Co. Ltd, KEC International Ltd, LS Cable & System Ltd., Quanta Services, Inc.,SAB North America, Sumitomo Electric Industries, Ltd, TFKable, ZTT International Ltd., Others
Europe HVAC Cables Market Segmentation:
By Voltage: Based on the Voltage, Europe HVAC Cables Market is segmented as; 110 KV-220 KV, More than 220 KV.
By Installation: Based on the Installation, Europe HVAC Cables Market is segmented as; Overhead, Submarine, Underground.
By Region: This research also includes data for Austria, Belgium, Germany, Italy, Lithuania, Netherlands, Poland, Spain, UK and rest of Europe.