Latin American Low Voltage Cables Market Is Expected To Reach USD 6,418.8 Million in 2018: Transparency Market Research

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Latin American Low Voltage Cables Market Is Expected To Reach USD 6,418.8 Million in 2018: Transparency Market Research

PR Newswire ALBANY, New York, September 24, 2012

ALBANY, New York,September 24, 2012/PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Low Voltage Cables Market-Latin America Industry Size, Share, Trends, Analysis and Forecast, 2011 - 2018", low voltage cables market inLatin Americawas worthUSD 3,604.9 millionin 2011 and is expected to reachUSD 6,418.8 million in 2018, growing at a CAGR of 8.5% from 2011 to 2018. This study has covered and analyzed seven countries includingBrazil,Argentina,Costa Rica,Cuba, Dominican Republic,PanamaandJamaica.Brazilis expected to maintain its lead position in terms of revenue till 2018. Browse the full report athttp://www.transparencymarketresearch.com/low-voltage-cables- market.html Day by day growing impetus on industrialization, several development projects announced by emerging countries inLatin America, and growing use of automation owing to increased purchasing power are major growth drivers of the low voltage cables market. The entire low voltage market for the purpose of analysis is classified as per the usage of the low voltage cables namely, in buildings, for power distribution and specialty purposes. With the increasing emphasis towards purchasing houses and increased urbanization, the highest growth is observed in the buildings segment.

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Global Wind Turbine Market PV Utility Industry Gaming Industry Size Global Diapers Industry PET Value Chain Market Food Color Industry Digital Radiology Industry Global Crop Protection Industry Synthetic Biology Industry Cancer Stem Cells Industry The key growth driver in the seven countries is the recent developmental reforms undertaken by the respective governments and the wave of development currently prevalent in these nations.Costa Ricais witnessing rapid industrialization and can be viewed as potential marketplace for export of low voltage power cables. The current growth rate of theCosta Ricalow voltage power cables market is 6.7%. However the highest growth will be experienced

inPanamaat a CAGR of 17.1% from 2011 to 2018 The major holdback in this sector is the compliance issues. The companies exporting to multiple nations have to follow strict regulations and testing methodologies of the respective nations. The other major restraint of the cables market is the increasing prices of aluminum and copper which are the prime raw materials for the cables industry. The prices of aluminum and copper in the commodity market greatly influence the cables market. This research is specially designed to estimate and analyze the demand and performance of low voltage cables inLatin America. This research provides in- depth analysis of low voltage cables product manufacturers and distributors, product sales, trend analysis by segments and country wise demand. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting theLatin Americalow voltage cables market as below:

Buildings Power distribution Specialty purposes

In addition the report provides a cross-sectional analysis of all the above segments with respect to following national markets: Brazil Argentina Costa Rica Cuba Dominican Republic Jamaica Panama Rest of theLatin America Browse all Energy MarketResearch Reports Upcoming Reports inEnergy Market Research Reports Photovoltaic Market Liquefied Natural Gas Market Liquefied Petroleum Gas Market Butadiene Market Unconventional Natural Gas Extraction Market Coal Fired Power Generation Market Energy Harvesting Market Nuclear Power Market Metrology Services Market Distributed Control Systems Market About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Sheela AK 90 Sate Street, Suite 700 Albany, NY12207 Tel: [phone] USA- Canada Toll Free: 866-552-3453 Email:[e-mail]