Global high voltage cable market

Page 1

Variant Market Research

Global High Voltage Cable Market is Expected to Reach $52 Billion by 2024, Says Variant Market Research Global High Voltage Cable Market is estimated to reach $52 billion by 2024; growing at a CAGR of 6.3% from 2016 to 2024. High voltage cable (HVC) is used for high voltage electric power transmission over long distances. Wide application areas such as overhead lines, underground cables, and submarine cables pose a huge demand for high voltage cables. Rise in urbanization and growing industrialization coupled with rise in wind and solar power plants have supplemented the growth of the HVC market. Various features such as presence of additional insulation jacket that minimizes power loss, and enhanced stability in comparison to other cables have increased its penetration in the market. Browse

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Growth in industrialization & urbanization, and rise in trend of underground wiring are the major factors driving the global high voltage cable market. However, high price of metals such as aluminum and copper would act as a restraint for the market. Surge in number of offshore power projects and increasing government investments in smart grid technology would provide several growth opportunities for the market in the coming years. The global high voltage cable market has been segmented on the basis of product type and end user. By product type, the market is further segmented into overhead, submarine, and


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underground. By end user, the market is categorized into renewable energy, industrial, and infrastructure. Get Sample Copy of This Report @

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Based on geography, the global high voltage cable market has been segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, Italy, Sweden, and others. Asia-Pacific covers China, India, Japan, South Korea, and others. Rest of the World (RoW) covers South America, Middle East and Africa. Major companies operating in the high voltage cable market are TELE-FONIKA Kable S.A, Prysmian Group, ABB, Siemens AG, General Cable Technologies Corporation, Dubai Cable Company Private Limited, Southwire Company, LLC, NKT Cables, Sumitomo Electric Industries, Ltd., and Nexans S.A., among others. Scope of High Voltage Cable Market Product Type Segments •

Overhead


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Submarine

Underground

End User Type Segments •

Renewable energy o

Wind

o

Hydropower

o

Others

Industrial o

Mining

o

Oil & gas

o

Power utilities

o

Chemical & petrochemical

o

Others

Infrastructure o

Commercial sector

o

Residential sector

Geographical Segments •

North America o

US

o

Canada

o

Mexico

Europe o

France

o

Germany

o

Italy

o

Sweden

o

Others

Asia-Pacific o

India

o

Japan

o

South Korea

o

Others


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•

RoW o

South America

o

Middle East

o

Africa

Table of Content Chapter 1 Prefix 1.1 Market Scope 1.2 Report Description 1.3 Research Methodology 1.3.1 Primary Research 1.3.2 Secondary Research 1.3.3 In-house Data Modeling Chapter 2 Executive Summary Chapter 3 Market Outline 3.1 Market Inclination, Trend, Outlook and Viewpoint 3.2 Market Share Analysis: Company’s Competitive Scenario 3.3 Value Chain Analysis 3.4 Market Dynamics 3.4.1 Drivers 3.4.1.1 Impact Analysis 3.4.2 Restraints 3.4.2.1 Impact Analysis


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3.4.3 Opportunities 3.5 Porter’s five forces analysis 3.5.1 Factors Impact Analysis .... Chapter 7 Company Profiles 7.1 TELE-FONIKA Kable S.A 7.2 Prysmian Group 7.3 Siemens AG 7.4 NKT Cables 7.5 Southwire Company, LLC 7.6 Nexans S.A. 7.7 Dubai Cable Company Private Limited 7.8 General Cable Technologies Corporation 7.9 ABB 7.10 Sumitomo Electric Industries, Ltd.

Contact Us: VARIANT MARKET RESEARCH LLP Web: https://www.variantmarketresearch.com/ USA Office: 649 Mission St., 5th Floor, San Francisco, CA 94105, United States. Tel: +1-415-680-2785


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