High-Voltage Cables Market Qualitative Analysis of the Leading Players and Competitive Industry Scenario, 2028

A comprehensive study conducted by QMI provides a better understanding of the current market size, landscape, and development, status, and growth opportunities for the high-voltage cables market. The report contains an extensive market assessment, historical data, and projections with an appropriate set of assumptions and methodology. The research report includes categories such as market segments, countries, and product types and distribution channels to analyze and inform. In introducing new products as well as existing ones, the data covered in this report will play an important role. It offers readers the information they need to know about global market competition for high-voltage cables. It thus explores the industry's competitive landscape to consider the domestic and global competition.

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What are the High-Voltage Cables?
HVCs work at a voltage greater than 66KV and are used for the transmission and distribution of electric power over long distances with minimal power loss. In developing countries such as India, China, and Brazil, the HVC market is largely driven by increased investments in renewable energy projects and growth in urbanization, industrialization, and infrastructure.

HVCs are commonly used in overhead lines, submarine and underground cables. However, high metal prices, such as copper and aluminum, have an adverse effect on market growth. The increased government investment in smart grid technology and the increase in a number of offshore power projects in developing countries are some factors that are expected to create numerous opportunities for HVC market growth in the coming years. In addition, increasing the use of smart grids and smart metering is likely to help control the power supplies better. Better infrastructural facilities are also expected to drive market growth.

Increased spending on oil and gas across the world is another factor likely to encourage the high-voltage cable market. Rising investments in government-backed energy efficiency programs may also stimulate market growth. Renewable sources are expanding rapidly, boosting energy demand and are expected to drive the High Voltage Cable Market.

Segment Analysis provided in the report:
The high voltage cable market has been segmented into type and end-user. Based on type, the high voltage cable market segmented into overhead, underground, and submarine. The underground HVC segment holds a large share of revenue in the global high voltage cable market, owing to the applications of these cables in various industries such as paper & pulp, power utilities, mining, and cement industry among others. Based on end-user the high voltage cable market segmented into industrial, renewable energy, and infrastructure.
The industrial segment shall have the highest revenue because of growing energy demand from industries like oil & gas, mining, power utilities, and chemicals among others. However, the infrastructure segment is expected to show the fastest growth during the forecast period because of the rising urbanization in developing countries such as China and India.

The high voltage cable market in the Asia Pacific is expected to grow significantly during the forecast period due to growing investments by governments in power transmission infrastructure development. North America is projected to witness high growth during the forecast period due to the enforcement of stringent policies to reduce carbon emissions. Increasing investment in improving infrastructure for renewable energy generation such as solar, wind, and others will also boost growth in the region. In Europe, the government is concentrating on developing the high-power underground cable to protect against a power outage during snowfall and storm. Growing manufacturing and construction activities and an increase in renewable energy investment are expected to drive Europe's demand for high voltage cables.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Sumitomo Electric Industries, Ltd.
1. Elsewedy Electric
2. High Voltage Cable Length
3. ZTT
4. High Voltage Cable Length
5. Prysmian Group
6. High Voltage Cable Length
7. Nexans, High Voltage Cable Length
8. High Voltage Cable Length
9. LS Cable & System
10. High Voltage Cable Length
11. NKT
12. High Voltage Cable Length
13. Furukawa Electric
14. High Voltage Cable Length
15. Sterlite Power
16. High Voltage Cable Length

Market Segmentation:
By Type:
o Overhead
o Underground
o Submarine
By End User:
o Infrastructure
o Commercial
o Residential
o Industrial
o Oil& Gas
o Mining
o Chemicals
o Petrochemicals
o Power Utilities
o Cement Industry
o Others
o Renewable
o Hydro-Power
o Wind
o Solar
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Type
o By End-User
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By End-User
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By End-User
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By End-User
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By End-User
o Rest of the World
o By Region (South America, Africa)
o By Type
o By End-User

Reasons To Buy This Report:
o Market size estimation of the high-voltage cables market on a regional and global basis.
o The unique research design for market size estimation and forecast.
o Profiling of major companies operating in the market with key developments.
o Broad scope to cover all the possible segments helping every stakeholder in the market.

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This release was published on openPR.