According to a market report by Lucintel, the future of the global electrical submersible pump cable market looks promising with opportunities in the oil & gas, water & wastewater, and agriculture markets. The global electrical submersible pump cable market is expected to reach an estimated $9.4 billion by 2030 witha CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising global demand for oil and gas and surge in the need for dependable water supply systems.

A more than 150 – page report is developed to understand trends, opportunity and forecast in electrical submersible pump cable market to 2030 by voltage type (low voltage, medium voltage, and high voltage), application (oil & gas, water & wastewater, agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that low voltage is expected to witness the highest growth over the forecast period due to its rising usage for irrigation-related pumps in agriculture.

Within this market, water & wastewater is expected to witness the highest growth.

Download sample by clicking on electrical submersible pump cable market

APAC is expected to witness highest growth over the forecast period due to expansion in oil and gas exploration, water treatment, and power generation in the region.

Nexans, Prysmian, General Cable, Southwire, Belden, Caledonian Cables, Hitachi Metals, Leoni, Houston Wire & Cable, Falcon Electric Cablesare the major suppliers in the electrical submersible pump cable market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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