Increase in commercial & residential infrastructures offers high growth potential for the global high voltage cables market

Global high voltage cables market has been witnessing growth, owing to rising infrastructure, industrialization, and renewable projects in developing countries.
High voltage cables (HV Cables) are used for power transmission. They are made of aluminum and copper. An HV cable is an insulated cable using cross-linked polyethylene (XLPE) used in the electric station.
Major end-use industries of HV cables are infrastructure, industrial, and renewable. This market is expected to grow at a high rate, as the demand for HV cables in various such as oil & gas, petrochemicals, power utilities, etc., is on the rise. Construction of high-rise buildings and commercial & residential infrastructures is also driving the high voltage cables market in developing nations such as India. HV cables are used overhead, underground, and submarine.

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The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for high voltage cables.

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Major companies operating in the global high voltage cables market:

• Prysmian Group
• Finolex Cables Ltd
• NKT cables
• Nexans
• ABB, Sumitomo Electric Industries
• General Cable Technologies Corporation

Market Segmentation of global high voltage cables market:

By Type:

• Overhead
• Underground
• Submarine

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By End User:

• Infrastructure
o Commercial
o Residential
• Industrial
o Oil& Gas
o Mining
o Chemicals
o Petrochemicals
o Power Utilities
o Cement Industry
o Others
• Renewable
o Hydro-Power
o Wind
o Solar

This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World.

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This release was published on openPR.