
Asia-pacific High Voltage Cable Market 2023-2030
Description
Asia-pacific High Voltage Cable Market 2023-2030
MARKET OUTLOOK
Triton’s research report on the Asia-Pacific high voltage cable market insinuates that the market is set to progress at a CAGR of 6.29% during the forecast phase of 2023-2030. India, China, Japan, Australia & New Zealand, South Korea, ASEAN countries, and Rest of Asia-Pacific are considered in the region’s report.
The Indian renewable energy sector has witnessed substantial growth in recent years, ranking fourth in wind power and fifth in solar power capacities. As per estimates, the country is looking to invest billions in creating renewable energy generation capacity by 2028. This investment is mainly going to be in grid expansion and modernization of infrastructure to support green energy capacity. Thus, the growing focus on green energy infrastructure is estimated to drive the adoption of HVC cables for energy transmission, thereby creating opportunities for the studied market.
On the other hand, South Korea has emerged among the major countries sustained by self-produced energy. Since 2012, electricity providers with a generation capacity of 500 MW or more have been given a mandatory quota to offer a specific percentage of power with renewable energy, such as solar or wind. Therefore, the strong footing of the nation in the renewable energy sector boosts the high voltage cable market’s development to a large extent.
COMPETITIVE OUTLOOK
The prominent players in the HVC cable market consist of Finolex Cable Ltd, Furukawa Electric Co Ltd, Hitachi Ltd, Nexans SA, and Prysmian Group.
MARKET OUTLOOK
Triton’s research report on the Asia-Pacific high voltage cable market insinuates that the market is set to progress at a CAGR of 6.29% during the forecast phase of 2023-2030. India, China, Japan, Australia & New Zealand, South Korea, ASEAN countries, and Rest of Asia-Pacific are considered in the region’s report.
The Indian renewable energy sector has witnessed substantial growth in recent years, ranking fourth in wind power and fifth in solar power capacities. As per estimates, the country is looking to invest billions in creating renewable energy generation capacity by 2028. This investment is mainly going to be in grid expansion and modernization of infrastructure to support green energy capacity. Thus, the growing focus on green energy infrastructure is estimated to drive the adoption of HVC cables for energy transmission, thereby creating opportunities for the studied market.
On the other hand, South Korea has emerged among the major countries sustained by self-produced energy. Since 2012, electricity providers with a generation capacity of 500 MW or more have been given a mandatory quota to offer a specific percentage of power with renewable energy, such as solar or wind. Therefore, the strong footing of the nation in the renewable energy sector boosts the high voltage cable market’s development to a large extent.
COMPETITIVE OUTLOOK
The prominent players in the HVC cable market consist of Finolex Cable Ltd, Furukawa Electric Co Ltd, Hitachi Ltd, Nexans SA, and Prysmian Group.
Table of Contents
125 Pages
- 1. Asia-pacific High Voltage Cable Market - Summary
- 2. Industry Outlook
- 2.1. Technology Snapshot
- 2.2. Porter’s Five Forces Analysis
- 2.2.1. Threat Of New Entrants
- 2.2.2. Threat Of Substitutes
- 2.2.3. Bargaining Power Of Buyers
- 2.2.4. Bargaining Power Of Suppliers
- 2.2.5. Threat Of Competitive Rivalry
- 2.3. Market Maturity Analysis
- 2.4. Industry Components
- 2.4.1. Raw Materials
- 2.4.2. Hvc Manufacturers
- 2.4.3. Distributors
- 2.4.4. End-users
- 2.5. Key Buying Impact Analysis
- 2.5.1. Cost
- 2.5.2. Product Features
- 2.5.3. Efficiency
- 2.6. Key Market Strategies
- 2.6.1. Collaborations
- 2.6.2. Product Launches
- 2.6.3. Mergers & Acquisitions
- 2.6.4. Business Divestitures & Expansions
- 2.7. Market Drivers
- 2.7.1. Increase In Infrastructure Activities
- 2.7.2. Development In Emerging Countries
- 2.8. Market Challenge
- 2.8.1. Volatile Price Of Metals
- 2.9. Market Opportunities
- 2.9.1. Rise In Offshore Power Projects
- 2.9.2. Electricity Demand Due To Economic Growth And Industrialization
- 2.10. Analyst Perspective
- 3. Asia-pacific High Voltage Cable Market – By Installation
- 3.1. Underground
- 3.2. Submarine
- 3.3. Overhead
- 4. Asia-pacific High Voltage Cable Market – By Vertical
- 4.1. Renewable Energy
- 4.2. Industrial
- 4.2.1. Mining
- 4.2.2. Oil & Gas
- 4.2.3. Chemical & Petrochemical
- 4.2.4. Power & Utility
- 4.2.5. Other Industrial Verticals
- 4.3. Infrastructure
- 4.3.1. Commercial
- 4.3.2. Residential
- 5. Asia-pacific High Voltage Cable Market – Country Outlook
- 5.1. Country Analysis
- 5.1.1. China
- 5.1.1.1. China High Voltage Cable Market Forecast & Prospects
- 5.1.2. Japan
- 5.1.2.1. Japan High Voltage Cable Market Forecast & Prospects
- 5.1.3. India
- 5.1.3.1. India High Voltage Cable Market Forecast & Prospects
- 5.1.4. South Korea
- 5.1.4.1. South Korea High Voltage Cable Market Forecast & Prospects
- 5.1.5. Asean Countries
- 5.1.5.1. Asean Countries High Voltage Cable Market Forecast & Prospects
- 5.1.6. Australia & New Zealand
- 5.1.6.1. Australia & New Zealand High Voltage Cable Market Forecast & Prospects
- 5.1.7. Rest Of Asia-pacific
- 5.1.7.1. Rest Of Asia-pacific High Voltage Cable Market Forecast & Prospects
- 6. Competitive Landscape
- 6.1. Dubai Cable Company Pvt Ltd
- 6.1.1. Overview
- 6.1.2. Product Portfolio
- 6.1.3. Key Strengths
- 6.1.4. Key Challenges
- 6.2. Furukawa Electric Co Ltd
- 6.2.1. Overview
- 6.2.2. Product Portfolio
- 6.3. Finolex Cable Ltd
- 6.3.1. Overview
- 6.3.2. Product Portfolio
- 6.4. Hitachi Ltd
- 6.4.1. Overview
- 6.4.2. Product Portfolio
- 6.4.3. Key Strengths
- 6.4.4. Key Challenges
- 6.5. Nkt Cables
- 6.5.1. Overview
- 6.5.2. Product Portfolio
- 6.5.3. Key Strengths
- 6.5.4. Key Challenges
- 6.6. Nexans Sa
- 6.6.1. Overview
- 6.6.2. Product Portfolio
- 6.6.3. Key Strengths
- 6.6.4. Key Challenges
- 6.7. Prysmian Group
- 6.7.1. Overview
- 6.7.2. Product Portfolio
- 6.7.3. Key Strengths
- 6.7.4. Key Challenges
- 6.8. Siemens Ag
- 6.8.1. Overview
- 6.8.2. Product Portfolio
- 6.8.3. Key Strengths
- 6.8.4. Key Challenges
- 6.9. Southwire Company Llc
- 6.9.1. Overview
- 6.9.2. Product Portfolio
- 6.9.3. Key Strengths
- 6.9.4. Key Challenges
- 6.10. Sumitomo Electric Industries Ltd
- 6.10.1. Overview
- 6.10.2. Product Portfolio
- 6.10.3. Key Strengths
- 6.10.4. Key Challenges
- 7. Research Methodology & Scope
- 7.1. Research Scope & Deliverables
- 7.2. Sources Of Data
- 7.3. Research Methodology
- Table List
- Table 1: Asia-pacific High Voltage Cable Market, By Country Outlook, 2023-2030 (In $ Million)
- Table 2: List Of Collaborations In The Asia-pacific High Voltage Cable Market
- Table 3: List Of Product Launches In The Asia-pacific High Voltage Cable Market
- Table 4: List Of Mergers & Acquisitions In The Asia-pacific High Voltage Cable Market
- Table 5: List Of Business Divestitures & Expansion In The Asia-pacific High Voltage Cable Market
- Table 6: Asia-pacific High Voltage Cable Market, By Installation, 2023-2030 (In $ Million)
- Table 7: Asia-pacific High Voltage Cable Market, By Vertical, 2023-2030 (In $ Million)
- Table 8: Asia-pacific High Voltage Cable Market, By Industrial, 2023-2030 (In $ Million)
- Table 9: Asia-pacific High Voltage Cable Market, By Infrastructure, 2023-2030 (In $ Million)
- Table 10: Asia-pacific High Voltage Cable Market, By Country Outlook, 2023-2030 (In $ Million)
- Figure List
- Figure 1: Market Maturity Analysis
- Figure 2: Industry Components
- Figure 3: Key Buying Impact Analysis
- Figure 4: Asia-pacific High Voltage Cable Market, By Installation, 2022 & 2030 (In %)
- Figure 5: Asia-pacific High Voltage Cable Market, By Underground, 2023-2030 (In $ Million)
- Figure 6: Asia-pacific High Voltage Cable Market, By Submarine, 2023-2030 (In $ Million)
- Figure 7: Asia-pacific High Voltage Cable Market, By Overhead, 2023-2030 (In $ Million)
- Figure 8: Asia-pacific High Voltage Cable Market, By Vertical, 2022 & 2030 (In %)
- Figure 9: Asia-pacific High Voltage Cable Market, By Renewable Energy, 2023-2030 (In $ Million)
- Figure 10: Asia-pacific High Voltage Cable Market, By Industrial, 2023-2030 (In $ Million)
- Figure 11: Asia-pacific High Voltage Cable Market, By Industrial, 2022 & 2030 (In %)
- Figure 12: Asia-pacific High Voltage Cable Market, By Mining, 2023-2030 (In $ Million)
- Figure 13: Asia-pacific High Voltage Cable Market, By Oil & Gas, 2023-2030 (In $ Million)
- Figure 14: Asia-pacific High Voltage Cable Market, By Chemical & Petrochemical, 2023-2030 (In $ Million)
- Figure 15: Asia-pacific High Voltage Cable Market, By Power & Utility, 2023-2030 (In $ Million)
- Figure 16: Asia-pacific High Voltage Cable Market, By Other Industrial Verticals, 2023-2030 (In $ Million)
- Figure 17: Asia-pacific High Voltage Cable Market, By Infrastructure, 2023-2030 (In $ Million)
- Figure 18: Asia-pacific High Voltage Cable Market, By Infrastructure, 2022 & 2030 (In %)
- Figure 19: Asia-pacific High Voltage Cable Market, By Commercial, 2023-2030 (In $ Million)
- Figure 20: Asia-pacific High Voltage Cable Market, By Residential, 2023-2030 (In $ Million)
- Figure 21: Asia-pacific High Voltage Cable Market, By Country Outlook, 2022 & 2030 (In %)
- Figure 22: China High Voltage Cable Market 2023-2030 (In $ Million)
- Figure 23: Japan High Voltage Cable Market 2023-2030 (In $ Million)
- Figure 24: India High Voltage Cable Market 2023-2030 (In $ Million)
- Figure 25: South Korea High Voltage Cable Market 2023-2030 (In $ Million)
- Figure 26: Asean Countries High Voltage Cable Market 2023-2030 (In $ Million)
- Figure 27: Australia & New Zealand High Voltage Cable Market 2023-2030 (In $ Million)
- Figure 28: Rest Of Asia-pacific High Voltage Cable Market 2023-2030 (In $ Million)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.