Press release
High Voltage Cables & Accessories Market Research Report involving Nexans S.A., NKT Cables Group A/S, Furukawa Electric Co., Ltd. and other Global Key Players by WMR
A High-Voltage Cable is a cable used for electric power transmission at high voltage. Technically sophisticated high-voltage cable solutions are needed for megacities and the expansion of the power supply. Benefits of high-voltage cable and accessories include - flexible custom solutions, system reliability, cost savings, field application support, no risk of leakage, easy handling, and quick installation.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing adoption of smart-grid technology
1.2 Emerging offshore wind policies
1.3 Rising power generation capacity
1.4 Growing demand for efficient transmission systems
1.5 Growth of offshore wind farms
2. Market Restraints
2.1 Financial constraints causing delays in power transmission projects
2.2 Lack of technical expertise for high voltage cable systems
2.3 Changing prices of raw materials
2.4 Regulatory, environmental, & complex authorization procedures
Market Segmentation:
The Global High Voltage Cables & Accessories Market is segmented on the product type, installation, voltage range, and region.
1. Product Type:
1.1 Underground & Submarine
1.1.1 XLPE cables
1.1.2 MI cables
1.1.3 Cable terminations
1.1.4 Cable joints
1.2 Overhead Products
1.2.1 Conductors
1.2.2 Fitting and Fixtures
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2. By Installation:
2.1 Underground
2.2 Overhead
2.3 Submarine
3. By Voltage Range:
3.1 72.5 kV
3.2 123 kV
3.3 145 kV
3.4 170 kV
3.5 245 kV
3.6 400 kV and above
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
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Competitive Landscape:
The major players in the market are as follows:
1. Nexans S.A.
2. NKT Cables Group A/S
3. Furukawa Electric Co., Ltd.
4. EL Sewedy Electric Company
5. Kabelwerke Brugg AG
6. Tele-Fonika Kable Sa
7. Baosheng High Voltage Cable Co., Ltd.
8. Tianjin Suli Cable Group
9. Prysmian S.P.A.
10. General Cable Corporation
11. Sumitomo Electric Industries, Ltd.
12. LS Cable & System Ltd.
13. Jiangnan Group Limited
14. Dubai Cable Company Ltd.
15. Southwire Company, LLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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