Press release
HVDC Cables Market Sluggish Growth Rate Foreseen by 2022-2028
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For instance, Prysmian S.p.A.'s ±525 kV HVDC underground cable is a cable system designed with large conductor cross-sections for high transmittable power over long distances, it uses less space by reducing the amount of cable to transmit the power. In addition, Siemens AG and Sumitomo Electric Industries, Ltd. commissioned the first VSC HVDC link to improve power quality in India, this joint venture of Siemens Energy and Sumitomo Electric has completed connecting India's first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) and DC-XLPE cable technology.
In February 2021, the PM of India Mr. Narendra Modi officially inaugurated the link, which is a ±320 kilovolt (kV) HVDC system that connects Pugalur in Tamil Nadu to Thrissur in Kerala. Also, In April 2019, Dutch TSO announced its plans to provide cables for IJmuiden offshore wind project, this would be the world's first 2 GW direct current offshore wind link. These factors significantly contribute to the growth of the global HVDC cables market.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Voltage
By Installation
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Siemens AG, Hitachi, Ltd., Toshiba Corp., Mitsubishi Electric Corp., and General Electric Co.
A full Report of HVDC Cables Market is Available @ https://www.omrglobal.com/industry-reports/hvdc-cables-market
HVDC Cables Market Report by Segment
By Voltage
High {35 kV to 475 kV}
Extra High {> 475 kV to 600 kV}
Ultra-High {> 600 kV}
By Installation
Overhead
Submarine
Underground
By Application
Intra-Regional
Cross Border
HVDC Cables Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
ABB Ltd
alfanar Group
Gupta Power Infrastructure Ltd.
ILJIN co., ltd.
J-POWER/Electric Power Development Co.,Ltd.
LS Cable & System Ltd.
LS Corp.
Nexans
NKT A/S
Prysmian S.p.A.
Sumitomo Electric Industries, Ltd.
Taihan Cable & Solution Co., Ltd.
ZMS Cable Co., Ltd.
ZTT
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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