Egypt Power Cable Market (2022-2028) | Share, Revenue, Outlook, Growth, Industry, Analysis, Size, Forecast, Trends, Value & COVID-19 IMPACT

Egypt Power Cable Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Saudi Arabia. It has registered a growth of 7.49% over the previous year. While Saudi Arabia registered a growth of 328.4% as compared to the previous year. In the year 2017, the UK was the largest exporter followed by Italy. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Egypt has a Herfindahl index of 2093 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  1351 which signifies high competitiveness in the market.

Egypt Power Cable Market - Export Market Opportunities

Topics Covered in the Egypt Power Cable Market

Egypt Power Cable Market report thoroughly covers the market by installation type, by voltage, and by end-use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest Development (2023) of the Egypt Power Cable Market

The Egypt Power Cable Market has been experiencing growth and is expected to register sound growth in the coming years owing to some ongoing latest developments. One of the ongoing developments is rising power infrastructure development in the country, which drives the power cables demand. The rising generation of renewable energy to improve environmental health requires power cables to transmit the electricity. Another ongoing latest development is leaving a favorable impact on the Egypt Power Cable Market growth, with the rising replacement of existing power infrastructure with new and upgraded power cables to modernize the grid. All these ongoing developments are creating massive opportunities for market growth.

Egypt Power Cable Market Synopsis

Egypt Power Cable Market has been growing effectively by meeting the requirements of the masses. The increasing demand for electricity is one of the major factors driving the growth of the power cable market in Egypt. The country's economy has been growing at a rapid pace, which has led to an increase in electricity consumption. 

Egypt is one of the largest markets for power cables in the Middle East and Africa region. The country has been witnessing strong economic growth in recent years, which has led to increased demand for electricity. 

The Egyptian government is investing heavily in the development of the nation's infrastructure, which is further expected to boost the growth of the power cable market. Some of the major projects underway include the construction of a new high-voltage transmission line from Aswan to Hurghada and the expansion of existing transmission lines in Cairo and Alexandria.

According to 6Wresearch, the Egypt Power Cable Market size is expected to evolve during the period 2022-2028. The Egypt power cable market is highly competitive with a large number of local and international players operating in the country. Technological advancements are always increasing the demand for power cables in every market, and Egypt is no different. With a growing population and economy, the need for reliable and efficient power sources is higher than ever before. Fortunately, there are a number of technological advancements that are increasing the demand for power cables in Egypt.  

One such advancement is the increasing use of renewable energy sources. As more and more people look to reduce their carbon footprint, the demand for renewable energy sources like solar and wind power is increasing. This means that more power cables are needed to connect these energy sources to the grid. 

Another technological advancement that is driving up the demand for power cables is electric vehicles. As the world moves away from fossil fuels, electric vehicles are becoming more popular. However, these vehicles need a reliable source of power, which often comes from power cables. 

Finally, advances in technology are also leading to an increase in the use of smart devices. Smartphones, laptops, and other devices are becoming increasingly common, and they all need to be charged. This increases the demand for power cables even further.

COVID-19 Impact on Egypt Power Cable Market

In Egypt, the power companies continue to be concentrated on keeping their assets online and providing secure, reliable supplies of electricity during the pandemic time. The Egypt Power cable Market worked efficiently to provide electricity even in the challenging time like COVID-19 which was impossible for other markets. The Egypt Power cable Market was one of the largest markets that worked well to ensure people get electricity since many people were working from their homes on online modes and without electricity this could not be possible for them. 

Egypt Power Cable Market - By Voltage Type

The low-voltage power cables are estimated to grow in the residential sector because of infrastructure development. High-voltage power cables are also expected to evolve with new power-generating techniques. 

Egypt Power Cable Market- By End Use

The Egypt Power Cable Market by end-use is growing everywhere including residential, commercial, and industrial People require power everywhere they spend their time. People spend most of their time in residential, commercial, and industrial areas. 

Competitive Landscape of the power cable industry in Egypt

The Egypt power cable market is highly competitive with a large number of manufacturers competing for market share. The major players in the market include El Sewedy Electric, Elsewedy Cables, and Phoenix Contact. Other notable players in the market include ABB, LS Cable & System, Nexans, and Prysmian Group.

El Sewedy Electric is the largest player in the Egypt power cable market. company has a strong presence in the country with its flagship product being the TUF-2000 power cable. 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Egypt Power Cable Market Outlook
• Market Size of Egypt Power Cable Market, 2021
• Forecast of Egypt Power Cable Market, 2028
• Historical Data and Forecast of Egypt Power Cable Revenues & Volume for the Period 2018 - 2028
• Egypt Power Cable Market Trend Evolution
• Egypt Power Cable Market Drivers and Challenges
• Egypt Power Cable Price Trends
• Egypt Power Cable Porter's Five Forces
• Egypt Power Cable Industry Life Cycle
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Installation Type for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Overhead for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Underground for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Submarine for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Voltage for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Low for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Medium for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By High for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By End Use for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Residential for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Commercial for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Industrial for the Period 2018 - 2028
• Historical Data and Forecast of Egypt Power Cable Market Revenues & Volume By Utilities for the Period 2018 - 2028
• Egypt Power Cable Import Export Trade Statistics
• Market Opportunity Assessment By Installation Type
• Market Opportunity Assessment By Voltage
• Market Opportunity Assessment By End Use
• Egypt Power Cable Top Companies Market Share
• Egypt Power Cable Competitive Benchmarking By Technical and Operational Parameters
• Egypt Power Cable Company Profiles
• Egypt Power Cable Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Installation Type

• Overhead
• Underground
• Submarine

By Voltage

• Low
• Medium
• High

By End Use

• Residential
• Commercial
• Industrial
• Utilities