Market Overview:
The global wind power cable market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for renewable energy sources and rising concerns about climate change. The global wind power cable market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into AC power cables and DC power cables. AC power cables are further sub-segmented into underground cables and overhead lines. On the basis of application, internal cable accounts for a major share in terms of revenue in 2017 owing to its widespread use across various industries such as oil & gas, mining & metals, transportation & infrastructure etc., whereas external cable is projected to grow at a higher CAGR during 2018-2030 due its growing demand from utility sector across different geographies.
Product Definition:
Wind Power Cable is used to transmit power generated from wind turbines to the grid. It is important for transmitting this power because it helps reduce energy loss and improve system performance.
AC Power Cable:
AC power cable is a flexible insulated electrical cord, which is used to transmit electric power from the utility source to the consumer. It has multiple uses in wind turbine installations and can be used for other applications as well. The growth factor in this market will be driven by rising demand for renewable energy sources coupled with growing awareness among consumers regarding its benefits over other sources of energy such as solar and thermal.
DC Power Cable:
DC power cable is used in wind power cable. It is a flexible electrical cord, which is used to transmit electricity from the utility source to the turbine. DC cables are widely utilized in offshore wind farms as they can stretch over long distances and also comprise of high-quality insulation, which protects it from getting damaged or worn out easily.
Application Insights:
The internal wind power cable market is segmented into three applications, namely onshore, offshore and others. Onshore application consists of land based turbines while off-shore application comprises of sea mounted turbines. The other segment includes projects with an altitude higher than that of the tallest structure allowed by law within a given project site. Internal wind power cables are used for interconnection between different parts of a turbine farm as well as for feeding electricity into the grid at commercial level.
External cables are used to connect offshore wind farms to countries or regions with domestic demand and/or transmission capacity, such as Germany or Netherlands in Europe; South Korea in Asia Pacific; Chile in Latin America; Australia and New Zealand in North America; Mexico and Spain in Central & South America respectively among others.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. China, India, Japan, South Korea and Taiwan are some of the countries that have wind power generation facilities. The growing awareness regarding renewable energy sources in these countries is driving market growth.
China has been at the forefront of developing wind farms across the globe owing to which it has become a major consumer as well as producer of wind power cables worldwide. However, due to slowdown in industrial activities since mid-2018 on account of trade war between China and U.S.
North America region accounted for USD X million in 2017.
Growth Factors:
- Increasing demand for wind power due to its environmental benefits
- Government initiatives and subsidies for installation of wind power plants
- Rising prices of conventional fuels such as coal, oil, and natural gas
- Technological advancements in wind power cables that improve performance and reliability
- Growing awareness about the benefits of using renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Power Cable Market Research Report
By Type
AC Power Cable, DC Power Cable
By Application
Internal Cable, External Cable
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Wind Power Cable Market Report Segments:
The global Wind Power Cable 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
Internal Cable, External Cable
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 Wind 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:
- AC Power Cable
- DC Power Cable
- By Application:
- Internal Cable
- External Cable
- 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 Wind 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?
Wind power cable is a type of electrical cable used to transmit electricity from wind turbines to the electric grid.
Some of the major players in the wind power cable 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.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind 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. Wind 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. Wind Power Cable Market - Supply Chain
4.5. Global Wind Power Cable Market Forecast
4.5.1. Wind Power Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Power Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Power Cable Market Absolute $ Opportunity
5. Global Wind 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. Wind Power Cable Market Size and Volume Forecast by Type
5.3.1. AC Power Cable
5.3.2. DC Power Cable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind 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. Wind Power Cable Market Size and Volume Forecast by Application
6.3.1. Internal Cable
6.3.2. External Cable
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind 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. Wind 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 Wind 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. Wind 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 Wind Power Cable Demand Share Forecast, 2019-2026
9. North America Wind 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 Wind 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 Wind Power Cable Market Size and Volume Forecast by Application
9.4.1. Internal Cable
9.4.2. External Cable
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wind Power Cable Market Size and Volume Forecast by Type
9.7.1. AC Power Cable
9.7.2. DC Power Cable
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 Wind Power Cable Demand Share Forecast, 2019-2026
10. Latin America Wind 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 Wind 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 Wind Power Cable Market Size and Volume Forecast by Application
10.4.1. Internal Cable
10.4.2. External Cable
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wind Power Cable Market Size and Volume Forecast by Type
10.7.1. AC Power Cable
10.7.2. DC Power Cable
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 Wind Power Cable Demand Share Forecast, 2019-2026
11. Europe Wind 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 Wind 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 Wind Power Cable Market Size and Volume Forecast by Application
11.4.1. Internal Cable
11.4.2. External Cable
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Power Cable Market Size and Volume Forecast by Type
11.7.1. AC Power Cable
11.7.2. DC Power Cable
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 Wind Power Cable Demand Share, 2019-2026
12. Asia Pacific Wind 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 Wind 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 Wind Power Cable Market Size and Volume Forecast by Application
12.4.1. Internal Cable
12.4.2. External Cable
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wind Power Cable Market Size and Volume Forecast by Type
12.7.1. AC Power Cable
12.7.2. DC Power Cable
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 Wind Power Cable Demand Share, 2019-2026
13. Middle East & Africa Wind 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 Wind 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 Wind Power Cable Market Size and Volume Forecast by Application
13.4.1. Internal Cable
13.4.2. External Cable
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wind Power Cable Market Size and Volume Forecast by Type
13.7.1. AC Power Cable
13.7.2. DC Power Cable
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 Wind Power Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Power Cable Market: Market Share Analysis
14.2. Wind Power Cable Distributors and Customers
14.3. Wind Power Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prysmian
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nexans
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Cable
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Southwire
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LS Cable & System
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Furukawa Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Riyadh Cable
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Elsewedy Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Condumex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NKT Cables
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FarEast Cable
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shangshang Cable
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jiangnan Cable
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Baosheng Cable
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hanhe Cable
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Okonite
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Synergy Cable
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Taihan
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. TF Cable
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
