Global Power Grid Cable Market Growth 2025-2031

The global Power Grid Cable market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Power grid cable is an electrical cable used to transmit and distribute electrical energy within a power grid or electrical network. These cables play a crucial role in the reliable and efficient transmission of electricity from power generation sources (such as power plants) to substations, distribution networks, and ultimately to homes, businesses, and industries. Power grid cables are designed to carry high-voltage electrical currents over long distances while minimizing energy losses and ensuring safe and reliable operation. They are used for both overhead and underground applications, depending on the specific requirements and constraints of the power grid infrastructure.

The global power grid cable market is a crucial segment within the energy and utility industry, providing the essential infrastructure for transmitting electricity from power generation sources to distribution networks and end-users. Power grid cables play a critical role in ensuring efficient, reliable, and safe electricity transmission, making them vital components of modern infrastructure. The United States and Canada are investing in grid modernization, renewable energy integration, and transmission infrastructure upgrades. European countries focus on enhancing energy efficiency, reducing carbon emissions, and interconnecting regional grids. Rapid urbanization and industrial growth in countries like China and India drive significant demand for power grid cables. The power grid cable market is expected to experience steady growth due to increasing energy demand, grid modernization efforts, and the integration of renewable energy sources. Technological advancements in cable materials, insulation, and transmission efficiency will shape the market"s evolution. As electrification extends to transportation and heating sectors, the demand for power grid cables will likely increase further.

LP Information, Inc. (LPI) ' newest research report, the “Power Grid Cable Industry Forecast” looks at past sales and reviews total world Power Grid Cable sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Grid Cable sales for 2025 through 2031. With Power Grid Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Grid Cable industry.

This Insight Report provides a comprehensive analysis of the global Power Grid Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Grid Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Grid Cable market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Grid Cable and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Grid Cable.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Grid Cable market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High-Voltage Transmission Cables
Medium-Voltage Distribution Cables
Low-Voltage Cables

Segmentation by Application:
Onshore
Underground
Seabed

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Prysmian Group
Nexans
Sumitomo Electric
Furukawa
Southwire
Leoni
LS Cable & Systems
NKT
KEI Industries
Fujikura
TFKable
Jiangnan Group
Hangzhou Cable
Orient Cable
Qingdao Hanhe cable
HENGTONG GROUP

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Grid Cable market?

What factors are driving Power Grid Cable market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Grid Cable market opportunities vary by end market size?

How does Power Grid Cable break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.