Market Overview:
The global high-voltage power cable market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for electricity and rising investments in renewable energy sources. In terms of type, the underground segment is expected to dominate the market during the forecast period. This can be attributed to the increasing demand for underground cables from industrial and infrastructure applications.
Product Definition:
A high-voltage power cable is a type of electrical cable that is used to carry high voltage electricity from one point to another. This type of cable is typically used in power transmission and distribution systems, as well as in industrial applications.
Underground:
Underground cabling is used for transmission of electrical power from the utility poles to the buildings. It has a wide range of applications in commercial, residential and industrial sectors. The underground cable network consists of two types: overhead and underground. Overhead cables are laid along the street or road surface; these cables emerge from poles at various intervals with no particular pattern.
Overhead:
Overhead is the part of power cable that lies above the insulation and protective shield. It is used to carry electricity from source to load and back again. Overhead power cables are widely used in transmission & distribution (T&D) networks, switchgear systems, sub-transmission lines, traction circuits, overhead lines for transformers or generators and other ancillary services.
Application Insights:
The infrastructure application segment accounted for the largest revenue share of over 50% in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing investments in developing nations for industrialization, which eventually leads to a rise in demand for power cables.
The growing importance of electricity generation through renewable sources such as wind energy is expected to drive the demand for high-voltage power cables at a CAGR of XX% from 2018 to 2030. The offshore sector has also been witnessing considerable growth owing to its ability provide stable and direct current output that does not suffer from voltage fluctuations caused by weather conditions on land or sea, thereby making it an ideal solution when compared with other forms of generating electricity such as via thermal generators or photovoltaic panels installations on roofs tops.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electric power in emerging economies, such as China and India. In 2016, Asia Pacific generated a total of 46% of global revenue and is anticipated to ascend at a CAGR of XX% from 2017 to 2030 owing to growing industrialization and infrastructure development activities in this region.
Europe was the second-largest regional market in 2016 with Germany being its largest country representation after France. However, it is projected that Europe will lose its position by 2030 due to aging infrastructure projects coupled with stringent government policies regarding high voltage power cables usage across countries like Ural Mountains (Russia), Netherlands, Belgium & Luxembourg etc.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Proliferation of electric vehicles and renewable energy sources
- Stringent government regulations for power quality and safety
- Development of smart grids and intelligent transportation systems
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Voltage Power Cable Market Research Report
By Type
Underground, Overhead, Submarine
By Application
Industrial, Renewable Energy, Infrastructure
By Companies
Belden, Encore Wire, Nexans, NKT, Prysmian Group, Sumitomo Electric Industries
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global High-Voltage Power Cable Market Report Segments:
The global High-Voltage Power Cable market is segmented on the basis of:
Types
Underground, Overhead, Submarine
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
Industrial, Renewable Energy, Infrastructure
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:
- Belden
- Encore Wire
- Nexans
- NKT
- Prysmian Group
- Sumitomo Electric Industries
Highlights of The High-Voltage Power Cable 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:
- Underground
- Overhead
- Submarine
- By Application:
- Industrial
- Renewable Energy
- Infrastructure
- 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 Power Cable 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?
A high-voltage power cable is a type of electrical cable used to transfer large amounts of electricity between two or more points. These cables are typically made from thicker wires and are designed to handle higher voltages than other types of electrical cables. They are often used in industrial settings, such as factories, power plants, and research laboratories.
Some of the major companies in the high-voltage power cable market are Belden, Encore Wire, Nexans, NKT, Prysmian Group, Sumitomo Electric Industries.
The high-voltage power cable market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-Voltage Power Cable Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High-Voltage Power Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-Voltage Power Cable Market - Supply Chain
4.5. Global High-Voltage Power Cable Market Forecast
4.5.1. High-Voltage Power Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-Voltage Power Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-Voltage Power Cable Market Absolute $ Opportunity
5. Global High-Voltage Power Cable Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High-Voltage Power Cable Market Size and Volume Forecast by Type
5.3.1. Underground
5.3.2. Overhead
5.3.3. Submarine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-Voltage Power Cable Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High-Voltage Power Cable Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Renewable Energy
6.3.3. Infrastructure
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-Voltage Power Cable Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High-Voltage Power Cable Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High-Voltage Power Cable Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High-Voltage Power Cable Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High-Voltage Power Cable Demand Share Forecast, 2019-2026
9. North America High-Voltage Power Cable Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High-Voltage Power Cable Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High-Voltage Power Cable Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Renewable Energy
9.4.3. Infrastructure
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-Voltage Power Cable Market Size and Volume Forecast by Type
9.7.1. Underground
9.7.2. Overhead
9.7.3. Submarine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High-Voltage Power Cable Demand Share Forecast, 2019-2026
10. Latin America High-Voltage Power Cable Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High-Voltage Power Cable Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High-Voltage Power Cable Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Renewable Energy
10.4.3. Infrastructure
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-Voltage Power Cable Market Size and Volume Forecast by Type
10.7.1. Underground
10.7.2. Overhead
10.7.3. Submarine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High-Voltage Power Cable Demand Share Forecast, 2019-2026
11. Europe High-Voltage Power Cable Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High-Voltage Power Cable Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High-Voltage Power Cable Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Renewable Energy
11.4.3. Infrastructure
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-Voltage Power Cable Market Size and Volume Forecast by Type
11.7.1. Underground
11.7.2. Overhead
11.7.3. Submarine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High-Voltage Power Cable Demand Share, 2019-2026
12. Asia Pacific High-Voltage Power Cable Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High-Voltage Power Cable Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High-Voltage Power Cable Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Renewable Energy
12.4.3. Infrastructure
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-Voltage Power Cable Market Size and Volume Forecast by Type
12.7.1. Underground
12.7.2. Overhead
12.7.3. Submarine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High-Voltage Power Cable Demand Share, 2019-2026
13. Middle East & Africa High-Voltage Power Cable Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High-Voltage Power Cable Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High-Voltage Power Cable Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Renewable Energy
13.4.3. Infrastructure
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-Voltage Power Cable Market Size and Volume Forecast by Type
13.7.1. Underground
13.7.2. Overhead
13.7.3. Submarine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High-Voltage Power Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High-Voltage Power Cable Market: Market Share Analysis
14.2. High-Voltage Power Cable Distributors and Customers
14.3. High-Voltage Power Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Belden
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Encore Wire
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nexans
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NKT
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Prysmian Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sumitomo Electric Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
