Argentina Low Voltage Cable Market Overview, 2028

Argentina Low Voltage Cable Market Overview, 2028

Argentina has a relatively high energy consumption pattern due to its large population, industrial activity, and urbanisation. Low-voltage cables in Argentina are generally defined as cables designed for voltage levels up to 1000 volts (1 kilovolt) AC (alternating current) or 1500 volts DC (direct current). They are used for power distribution, lighting, and other electrical applications where lower voltage levels are sufficient. They are used for distributing electrical power from the main electrical panels to various outlets, switches, and devices within buildings and premises. Additionally, low-voltage cables are employed for transmitting data and communication signals, including network cables for Ethernet, telephony, and data connections. As cities expand and infrastructure projects grow in Argentina, there is a constant need for electrical installations. Including the wiring and cabling systems. Residential buildings, commercial complexes, and industrial facilities require low-voltage cables to power lighting, appliances, machinery, and other electrical equipment. The commercial and industrial sectors are significant consumers of electricity. With the expansion of businesses, manufacturing facilities, and infrastructure projects, there is a continuous demand for low-voltage cables to support electrical systems and equipment.

According to the research report ""Argentina Low Voltage Cable Market Overview, 2028,"" published by Bonafide Research, the Argentina Low Voltage Cable Market is expected to grow at above 6.32% CAGR from 2023 to 2028. The conductors in low-voltage cables are responsible for carrying the electrical current. They are typically made of copper or aluminium due to their excellent conductivity properties. Copper is the most commonly used material for low-voltage cables due to its high conductivity and corrosion resistance. Aluminium is sometimes used for larger cables due to its lower cost and lighter weight. Argentina is home to numerous significant low-voltage cable producers. Tycsa PSC, Cimec S.A., Prysmian Group, SICA Cables, and Pirelli Cables are the major ones in Argentina. The country has been witnessing an increased focus on renewable energy sources, such as wind and solar power. This has resulted in a rising demand for low-voltage cables used in renewable energy installations, including interconnections between solar panels and wind turbine systems. The low-voltage cable industry is experiencing advancements in technology, leading to the development of innovative cable designs and materials. These advancements include the use of higher-quality conductors, improved insulation materials, and enhanced shielding to improve performance and durability.

Government regulations and standards in Argentina govern the manufacturing, installation, and use of low-voltage cables. The Argentine Electrical Code (Reglamentación Electrotécnica Argentina, REA) is a comprehensive set of regulations that covers various aspects of electrical installations, including low-voltage cables. It provides guidelines and requirements for the selection, installation, and maintenance of cables to ensure electrical safety. The Instituto Argentino de Normalización y Certificación (IRAM) is the national standardisation organisation in Argentina. They develop and maintain standards related to electrical products, including low-voltage cables. Compliance with relevant IRAM standards is often required for manufacturers and suppliers to ensure the quality and safety of their products. Ensuring proper voltage regulation in low-voltage cables is crucial for maintaining the stability and integrity of the electrical grid. However, in some cases, inadequate voltage regulation mechanisms may lead to voltage imbalances, affecting the performance of electrical devices. Due to increased demand and inadequate capacity, low-voltage cables in some areas may experience overloading and overheating. This can result in power outages, damaged cables, and potential safety hazards. Argentina's diverse geography and climate pose additional challenges. Factors such as extreme temperatures, heavy rainfall, and natural disasters like floods can damage low-voltage cables, exacerbating existing issues and requiring frequent repairs.

The deployment of smart grid technologies can optimise the management and control of low-voltage networks. This includes features like advanced metering infrastructure, remote monitoring, and load management. As smart grid initiatives progress, there may be a higher demand for low-voltage cables capable of supporting these advanced functionalities. Furthermore, improving energy efficiency is a priority for Argentina. Ongoing advancements in low-voltage cable technology, such as improved insulation materials, higher transmission capacities, and better resistance to environmental factors, may contribute to the market's development. These innovations can enhance the performance and durability of low-voltage cables. Efforts to reduce power losses, enhance voltage regulation, and promote energy-saving practises may drive the adoption of more efficient low-voltage cable systems and components. As urban areas continue to grow and industrial sectors expand, there will be an increased demand for electricity and the necessary low-voltage infrastructure to support it. This growth may require the installation of new low-voltage cable networks or the replacement and upgrade of existing ones.
Considered in this report:
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report:
• Argentina Low voltage cable with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Installation Type:
• Overhead
• Underground
• Submarine
By End Users:
• Power Infrastructure (Energy, Power Transmission, and Distribution)
• IT & Telecommunication
• Building & Construction (Commercial and Residential)
• Aerospace & Defence
• Consumer Electronics
• Automotive (Passenger, Commercial, and Utility Vehicles)
• Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.
Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Medium Voltage Cable market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry
Keywords:
Argentina, low voltage cables, power transmission, distribution networks, materials, standards, certifications, Renewable energy integration, Substations, Power generation, Voltage levels, Conductivity, Insulation, Cable management, Fault detection, Grid infrastructure, Electrical engineering, Energy efficiency.