Press release
High Voltage Cable Market Report 2022: Share, Size, Price Trends, Top Manufacturers and Forecast by 2027
The global high voltage cable market reached a value of US$ 37.24 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 53.34 Billion by 2027, exhibiting a CAGR of 5.15% during 2022-2027. High voltage cable refers to customized wires that consist of conductors and advanced insulations. They are extensively utilized for electric power transmission at high voltages. High voltage cable variants are equipped with structural elements of protective jackets, additional internal layers, one or more conductors, and insulators. They efficiently transmit electricity without any power loss during long-range transmissions. As a result, high voltage cable models find widespread applications across various sectors, such as power utility, mining, oil and gas, paper and pulp, chemical and petrochemical, wastewater treatment, manufacturing, etc.
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Important Attribute and highlights of the Report:
Detailed analysis of the global market share
Market Segmentation by installation, voltage type and end user.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for high voltage cable market
Strategies of major players and product offerings
The growing demand for electricity across countries and the increasing reliance on electronic appliances are among the key factors driving the high voltage cable market. Besides this, the expanding construction industry and the continuous replacements of aging grid infrastructure and transmission lines, on account of the shift towards smart grids, are further catalyzing the market growth. Additionally, the rising construction of new utility grid setups with enhanced transmission and distribution networks, owing to the escalating usage of renewable energy sources, including solar energy and wind energy, is acting as another significant growth-inducing factor. Moreover, the launch of several favorable policies by the government bodies aimed at promoting rural electrification projects and the introduction of advanced technologies in distribution networks are anticipated to propel the high voltage cable market in the coming years.
Key Players Included in Global High Voltage Cable Market Research Report:
Brugg Kabel AG
Ducab
LS Cable & System Ltd
NEXANS
NKT A/S
Prysmian Group
Siemens AG
Southwire Company LLC
Sumitomo Electric Industries Ltd.
TBEA Co. Ltd.
TELE-FONIKA Kable S.A.
Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/high-voltage-cable-market
COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Installation:
Overhead
Underground
Submarine
Breakup by Voltage Type:
50kV-110kV
115kV-330kV
More than 330kV
Breakup by End User:
Industrial
Power Utilities
Oil and Gas
Mining
Chemical and Petrochemical
Others
Renewable Energy
Wind
Hydropower
Others
Infrastructure
Commercial
Residential
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the High Voltage Cable Market Research Report:
Preface
Scope and Methodology
Executive Summary
Introduction
Global High Voltage Cable Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape
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Contact us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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