Market Overview:
The global high voltage cables and accessories market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity, rising investments in renewable energy sources, and growing infrastructure development projects across the globe. Based on type, the high voltage cables and accessories market is segmented into AC power cable and DC power cable. The AC power cable segment is expected to dominate the market during the forecast period owing to its widespread use in utility applications. Based on application, the high voltage cables and accessories market is segmented into utility, industrial, wind & solar PV systems.
Product Definition:
High voltage cables and accessories are designed to safely transmit high voltages through the electrical grid. They are important for ensuring that the power supply is reliable and consistent.
AC Power Cable:
Electric power cables are used for the transmission of electrical energy from one point to another in an electric circuit. They are available in different types and sizes, which vary according to the application areas. The most commonly used cables can be categorized into two types: high voltage (HV) and low voltage (LV). HV cables have a larger surface area, which facilitates better electricity flow between conductors; whereas LV cable has a smaller cross-sectional area, facilitating higher current capacity.
DC Power Cable:
DC power cable is a flexible insulated electrical cord, which is used to supply electric power from a wall outlet to an appliance or equipment. DC (direct current) cables have one end connected to the battery and the other end is connected to the load such as LED light, electronic device, vacuum cleaner etc. The average range of DC power cables size varies between 1/4 inch and 1 inch in diameter with a thickness of around 0.1 inches.
Application Insights:
The utility application segment accounted for the largest revenue share of over 50% in 2017. The growth is attributed to the extensive use of HVAC systems across various industries such as data centers, IT parks, telecom and IT sectors. Furthermore, increasing demand for renewable energy sources coupled with growing investments in green energy projects are expected to drive industry growth over the forecast period.
High-voltage direct current (HVDC) transmission system is widely used by utilities worldwide due to its ability to span long distances at high power ratings while using low-cost transmission methods. Technological advancements and standardization efforts by international organizations such as IEC have led towards increased adoption of HVDC technology across global markets thereby driving demand for high voltage cables and accessories globally. Increasing number of industrial applications including chemical plants along with rising electricity costs are anticipated to boost market penetration in industrial segments over the forecast period globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. For instance, according to a 2017 World Bank Group document titled—China Infrastructure Report 2016: Connecting the Dots—the country is expected to invest around USD X trillion in infrastructure projects between 2014 and 2020. This will include new or improved roads, airports, urban transport systems (metro trains), energy networks (power grids), water networks (water pipes) among others.
Europe was estimated as being worth USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 till 2030 owing both ends of industry chain i.e.
Growth Factors:
- Increasing demand from the power transmission and distribution sector
- Rising investments in renewable energy sources
- Growing number of electrified vehicles
- Proliferation of smart grids and microgrids
- Stringent government regulations for energy efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
High Voltage Cables and Accessories Market Research Report
By Type
AC Power Cable, DC Power Cable
By Application
Utility, Industrial, Wind and Solar
By Companies
Prysmian, Nexans, General Cable, Sumitomo Electric, Southwire, LS Cable & System, Furukawa Electric, Riyadh Cable, Elsewedy Electric, Condumex, NKT Cables, FarEast Cable, Shangshang Cable, Jiangnan Cable, Baosheng Cable, Hanhe Cable, Okonite, Synergy Cable, Taihan, TF Cable
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global High Voltage Cables and Accessories Market Report Segments:
The global High Voltage Cables and Accessories market is segmented on the basis of:
Types
AC Power Cable, DC Power Cable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utility, Industrial, Wind and Solar
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Prysmian
- Nexans
- General Cable
- Sumitomo Electric
- Southwire
- LS Cable & System
- Furukawa Electric
- Riyadh Cable
- Elsewedy Electric
- Condumex
- NKT Cables
- FarEast Cable
- Shangshang Cable
- Jiangnan Cable
- Baosheng Cable
- Hanhe Cable
- Okonite
- Synergy Cable
- Taihan
- TF Cable
Highlights of The High Voltage Cables and Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Power Cable
- DC Power Cable
- By Application:
- Utility
- Industrial
- Wind and Solar
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Voltage Cables and Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High voltage cables and accessories are used to transmit large amounts of electricity over long distances. They are typically made from thick, insulated wire and can carry a high amount of current.
Some of the major players in the high voltage cables and accessories market are Prysmian, Nexans, General Cable, Sumitomo Electric, Southwire, LS Cable & System, Furukawa Electric, Riyadh Cable, Elsewedy Electric, Condumex, NKT Cables, FarEast Cable, Shangshang Cable, Jiangnan Cable, Baosheng Cable, Hanhe Cable, Okonite, Synergy Cable, Taihan, TF Cable.
The high voltage cables and accessories market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Voltage Cables and Accessories Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Voltage Cables and Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Voltage Cables and Accessories Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Voltage Cables and Accessories Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Voltage Cables and Accessories Market Size & Forecast, 2020-2028
4.5.1 High Voltage Cables and Accessories Market Size and Y-o-Y Growth
4.5.2 High Voltage Cables and Accessories Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AC Power Cable
5.2.2 DC Power Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Utility
6.2.2 Industrial
6.2.3 Wind and Solar
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Voltage Cables and Accessories Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Voltage Cables and Accessories Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AC Power Cable
9.6.2 DC Power Cable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Utility
9.10.2 Industrial
9.10.3 Wind and Solar
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AC Power Cable
10.6.2 DC Power Cable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Utility
10.10.2 Industrial
10.10.3 Wind and Solar
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AC Power Cable
11.6.2 DC Power Cable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Utility
11.10.2 Industrial
11.10.3 Wind and Solar
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AC Power Cable
12.6.2 DC Power Cable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Utility
12.10.2 Industrial
12.10.3 Wind and Solar
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AC Power Cable
13.6.2 DC Power Cable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Utility
13.10.2 Industrial
13.10.3 Wind and Solar
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Voltage Cables and Accessories Market: Competitive Dashboard
14.2 Global High Voltage Cables and Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prysmian
14.3.2 Nexans
14.3.3 General Cable
14.3.4 Sumitomo Electric
14.3.5 Southwire
14.3.6 LS Cable & System
14.3.7 Furukawa Electric
14.3.8 Riyadh Cable
14.3.9 Elsewedy Electric
14.3.10 Condumex
14.3.11 NKT Cables
14.3.12 FarEast Cable
14.3.13 Shangshang Cable
14.3.14 Jiangnan Cable
14.3.15 Baosheng Cable
14.3.16 Hanhe Cable
14.3.17 Okonite
14.3.18 Synergy Cable
14.3.19 Taihan
14.3.20 TF Cable
