High Voltage Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
High Voltage Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global high voltage cable market size reached US$ 39.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.
High voltage cables (HVCs) are extensively utilized for electric power transmission at high voltages. Equipped with structural elements of protective jackets, one or more conductors, and insulators, they are designed to efficiently transmit electricity without any power loss during long-range transmissions. The presence of additional internal layers in the insulation jacket assists HVCs in controlling the electric flow around the conductor. As a result, they find widespread applications across various sectors, such as power utility, mining, chemical and petrochemical, paper and pulp, wastewater treatment, manufacturing, and oil and gas.
High Voltage Cable Market Trends:
The market is primarily driven by the ever-increasing demand for electricity across the globe. This can be accredited to the rising reliance on electronic appliances and devices among the masses and the escalating need for an uninterrupted power supply. In line with this, the flourishing global construction industry and the continuous replacements of aging grid infrastructure and transmission lines due to the shift toward smart grids are providing an impetus to the market growth. Besides this, the preference for renewable energy sources, such as solar and wind energy, due to an enhanced focus on sustainable development has led to the construction of new utility grid setups with improved transmission and distribution networks on the global level, thereby acting as a significant growth-inducing factor for the market. Also, the growing number of rural electrification projects undertaken by the governments of various countries is fueling the product demand. Some of the other factors creating a positive outlook for the market include rapid industrialization, continual technological advancements in distribution networks, and extensive research and development (R&D) activities conducted by key players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global high voltage cable market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on installation, voltage type and end user.
Breakup by Installation:
Overhead
Underground
Submarine
Breakup by Voltage Type:
50kV-110kV
115kV-330kV
More than 330kV
Breakup by End User:
Industrial
Power Utilities
Oil and Gas
Mining
Chemical and Petrochemical
Others
Renewable Energy
Wind
Hydropower
Others
Infrastructure
Commercial
Residential
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Brugg Kabel AG, Ducab, LS Cable & System Ltd, NEXANS, NKT A/S, Prysmian Group, Siemens AG, Southwire Company LLC, Sumitomo Electric Industries Ltd., TBEA Co. Ltd. and TELE-FONIKA Kable S.A.
Key Questions Answered in This Report
1. What was the size of the global high voltage cable market in 2022?
2. What is the expected growth rate of the global high voltage cable market during 2023-2028?
3. What has been the impact of COVID-19 on the global high voltage cable market?
4. What are the key factors driving the global high voltage cable market?
5. What is the breakup of the global high voltage cable market based on the installation?
6. What is the breakup of the global high voltage cable market based on the end user?
7. What are the key regions in the global high voltage cable market?
8. Who are the key players/companies in the global high voltage cable market?
Table of Contents
140 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1Objectives of the Study
- 2.2Stakeholders
- 2.3Data Sources
- 2.3.1Primary Sources
- 2.3.2Secondary Sources
- 2.4Market Estimation
- 2.4.1Bottom-Up Approach
- 2.4.2Top-Down Approach
- 2.5Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1Overview
- 4.2Key Industry Trends
- 5 Global High Voltage Cable Market
- 5.1Market Overview
- 5.2Market Performance
- 5.3Impact of COVID-19
- 5.4Market Forecast
- 6 Market Breakup by Installation
- 6.1Overhead
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2Underground
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3Submarine
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 7 Market Breakup by Voltage Type
- 7.150kV-110kV
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2115kV-330kV
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3More than 330kV
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by End User
- 8.1Industrial
- 8.1.1 Market Trends
- 8.1.2 Key Segments
- 8.1.2.1 Power Utilities
- 8.1.2.2 Oil and Gas
- 8.1.2.3 Mining
- 8.1.2.4 Chemical and Petrochemical
- 8.1.2.5 Others
- 8.1.3 Market Forecast
- 8.2Renewable Energy
- 8.2.1 Market Trends
- 8.2.2 Key Segments
- 8.2.2.1 Wind
- 8.2.2.2 Hydropower
- 8.2.2.3 Others
- 8.2.3 Market Forecast
- 8.3Infrastructure
- 8.3.1 Market Trends
- 8.3.2 Key Segments
- 8.3.2.1 Commercial
- 8.3.2.2 Residential
- 8.3.3 Market Forecast
- 9 Market Breakup by Region
- 9.1North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
- 10 SWOT Analysis
- 10.1Overview
- 10.2Strengths
- 10.3Weaknesses
- 10.4Opportunities
- 10.5Threats
- 11 Value Chain Analysis
- 12 Porters Five Forces Analysis
- 12.1Overview
- 12.2Bargaining Power of Buyers
- 12.3Bargaining Power of Suppliers
- 12.4Degree of Competition
- 12.5Threat of New Entrants
- 12.6Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1Market Structure
- 14.2Key Players
- 14.3Profiles of Key Players
- 14.3.1Brugg Kabel AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2Ducab
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3LS Cable & System Ltd
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4NEXANS
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5NKT A/S
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6Prysmian Group
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7Siemens AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8Southwire Company LLC
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 SWOT Analysis
- 14.3.9Sumitomo Electric Industries Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10TBEA Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11TELE-FONIKA Kable S.A.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
Pricing
Currency Rates
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