According to the latest report of 6wresearch, a global market research and consulting company, by 2024, UAE's power cable market revenue will reach US $2.5 billion.

 

 

 

 

The report, entitled "UAE power cable market (2018-2024)", estimates and forecasts the entire UAE power cable market based on voltage levels, applications and regions. It provides a fair and detailed analysis of current market trends, opportunities, high growth areas and market drivers, which will help stakeholders adjust their market strategies according to current and future market dynamics.

 

 

 

In addition, such as UAE vision 2021, Dubai plan 2021, Abu Dhabi economic vision 2030, Sharjah tourism vision 2021, rapid urbanization and increasing power consumption will further encourage the development of power cables.

 

 

 

Rishi Malhotra, senior research analyst at 6wresearch research and consulting, said: "in 2017, the low-voltage power cable sector (up to 1 kV) had the highest share of revenue because its applications were installed in buildings, infrastructure, oil and gas, etc.

 

 

 

Some of the major players in the UAE power cable market include Dubai cable, Riyadh cable group, Jeddah cable company, Oman cable industry, national cable industry, elsewedy electric - UAE, power plus cable, Saudi cable, alfana, Prysmian Middle East company, NEXEN Middle East Company and brug cable middle east center.