Global HVDC Cables Market : Industry Analysis and Forecast (2018-2026)
Global Generation HVDC Cables Market was valued US$ 651.87 Mn in 2017 and is expected to reach US$ 1145.65Mn by 2026, at a CAGR of 6.47 % during a forecast period.Global HVDC Cables MarketGrowing awareness regarding benefits related to use of clean energy sources, supportive government policies and initiatives for HVDC transmission in developed as well as developing economies are some of the factors anticipated to boost growth of the market. Furthermore, rising focus on technological developments in the field of power sector is also projected to play an important role for growth of the global market. Additionally, expansion of industries, urbanization, need for electricity, and long distance transmission network are also expected to boost growth of the market. On the other hand, high cost of installing HVDC transmission systems and high cost of circuit breakers, which may affect demand and restrain growth of global market over the forecast period.
According to application, overhead HVDC transmission lines cost lesser than underground and submarine lines. Therefore, the overhead line segment accounted for leading share of the market in 2017. Market share of the segment is expected to increase during the forecast period because of the low cost and ease of building of overheard lines.
Global HVDC cables market is highly consolidated, it is dominated by a few players. Companies require high level of proficiency to enter the market. Furthermore, every HVDC transmission line needs to be highly customized to suit project requirements and specifications. Hence, it is also a highly worthwhile market. This has resulted in various mergers and acquisitions in recent years, as companies have tried to consolidate their position in the market.
REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/30626
Globally, HVDC cables market in the Asia Pacific accounts for leading market share in terms of revenue in the global market and anticipated to maintain its dominance over the forecast period. This dominance can be attributed to technological developments such as ultrahigh-voltage direct current (UHVDC) technology and voltage source converter (VSC) based technology for power transmission, are some of the major factors estimated to boost growth of HVDC transmission market in the region. As well, development of power infrastructure and government initiatives and investments concerning renewable energy sources and implementation of smart grid technology are some of the major factors projected to boost growth of the market in countries such as China, India, and Japan over the forecast period.
Report is designed by in depth investigation procedure to collect all the necessary data on global HVDC cables market. The estimation process is done on the basis of primary as well as secondary research. This research also contains databases, wide secondary sources and directories to recognize and collect information useful for theoretical, practical and market relevant study of HVDC cables market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global HVDC cables market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global HVDC cables market.
DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/30626
Scope of Global HVDC Cables Market
Global HVDC Cables Market, By Type
• Mass Impregnated Cables
• Extruded Cables
• Others (including Oil-filled Cables and Superconducting Cables)
Global HVDC Cables Market, By Application
• Overhead Line
• Submarine
• Underground
Global HVDC Cables Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global HVDC Cables Market
• NKT A/S
• Nexans Group
• Prysmian Group
• LS Cable & System Ltd.
• ABB
• Siemens
• General Electric
• Hitachi
• Mitsubishi Electric
• NR Electric
• C-Epri Electric Power Engineering
• General Cable
Browse Full Report with Facts and Figures of Generation HVDC Cables Market Report at: https://www.maximizemarketresearch.com/market-report/global-hvdc-cables-market/30626/
MAJOR TOC OF THE REPORT
Chapter One: Generation HVDC Cables Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Generation HVDC Cables Market Competition, by Players
Chapter Four: Global Generation HVDC Cables Market Size by Regions
Chapter Five: North America Generation HVDC Cables Revenue by Countries
Chapter Six: Europe Generation HVDC Cables Revenue by Countries
Chapter Seven: Asia-Pacific Generation HVDC Cables Revenue by Countries
Chapter Eight: South America Generation HVDC Cables Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Generation HVDC Cables by Countries
Chapter Ten: Global Generation HVDC Cables Market Segment by Type
Chapter Eleven: Global Generation HVDC Cables Market Segment by Application
Chapter Twelve: Global Generation HVDC Cables Market Size Forecast (2019-2026)
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Contact: +919607065656/ +919607195908
Website: www.maximizemarketresearch.com
