Global High Voltage Cables Market – Industry Analysis and Forecast (2018-2026)
Global High Voltage Cables Market was valued US$ 30.90 Bn in 2017 and is expected to reach US$ 50.30 Mn by 2026, at a CAGR of 6.59 % during a forecast period.
Global high voltage cables market is segmented by type, end user and geography. Based on the type, Global high voltage cables market is divide into overhead, underground, submarine. End user segment is classified into industrial, renewable energy, infrastructure. Based on region, the Global high voltage cables market is spread by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
Increasing the demand of high voltage cable owing to rising industrialization, quick urbanization, up gradation of outmoded power grids, and surge in number of power plants for renewable energy resource conversion are driving the growth in the Global high voltage cables market. Enlarged demand for the efficient transmission system, offshore wind farms, implementation of smart grid technology by consumers is fueling the demand for the high voltage cables. Furthermore, convoluted project planning, delay in endorsement procedures, funding contractions are some factors hampering the growth of the global high voltage cable market.
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Underground cable segment is estimate to hold large growth in the Global high voltage cables market. Underground cables are more favoured among alternative products owing to their extensive application in various industries such as power utilities, oil & gas, and mining. Furthermore, submarine cables are expected to grow significantly during the forecast period. The growth of these cables is accredited to the, new initiate places in ocean for oil and gas excavation, and formation of new tidal power plants. The high voltage cable used in offshore power projects and oil & gas industry and it offers various reasonable recompenses over other cables such as presence of extra shield, armour, and protection & bedding.
Asia-Pacific is expected to dominate the growth in Global high voltage cables market, followed by Europe and North America. China is sharing the market nearly about 60% revenue share of the overall Asia-Pacific region in the Global high voltage cables market owing to its strong layout of transmission plans.
Some of the major key players in the Global high voltage cables market includes Encore Wire Corporation, Brugg Kabel AG, Sumitomo Electric Industries, Ltd., Siemens Ag, Tele-Fonika Kable S.A., Dubai Cable Company Pvt. Ltd, Kerite, General Cable Corporation, Finolex , Cable Corporation of India Ltd, prysmian SpA , Nexans, NKT Cables, Brugg Cables, Leoni, Southwire and TPC Wires & Cable Corporation.
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Scope of the report for Global high voltage cables market
Global high voltage cables market, By Type
• Overhead
• Underground
• Submarine
Global high voltage cables market, By End User
• Industrial
• Renewable energy
• Infrastructure
Global high voltage cables market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key players in Global high voltage cables market
• Encore Wire Corporation
• Brugg Kabel AG
• Sumitomo Electric Industries, Ltd.
• Siemens Ag
• Tele-Fonika Kable S.A.
• Dubai Cable Company Pvt. Ltd
• Kerite
• General Cable Corporation
• Finolex
• Cable Corporation of India Ltd
• prysmian SpA
• Nexans
• NKT Cables
• Brugg Cables
• Leoni
• Southwire
• TPC Wires & Cable Corporation
Browse Full Report with Facts and Figures of High Voltage Cables Market Report at: https://www.maximizemarketresearch.com/market-report/global-high-voltage-cables-market/20911/
MAJOR TOC OF THE REPORT
Chapter One: High Voltage Cables Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global High Voltage Cables Market Competition, by Players
Chapter Four: Global High Voltage Cables Market Size by Regions
Chapter Five: North America High Voltage Cables Revenue by Countries
Chapter Six: Europe High Voltage Cables Revenue by Countries
Chapter Seven: Asia-Pacific High Voltage Cables Revenue by Countries
Chapter Eight: South America High Voltage Cables Revenue by Countries
Chapter Nine: Middle East and Africa Revenue High Voltage Cables by Countries
Chapter Ten: Global High Voltage Cables Market Segment by Type
Chapter Eleven: Global High Voltage Cables Market Segment by Application
Chapter Twelve: Global High Voltage Cables Market Size Forecast (2019-2026)
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