Global HV & EHV Underground Cables Competitive Landscape Professional Research Report 2025

Research Summary

High Voltage (HV) and Extra High Voltage (EHV) underground cables are a type of electrical transmission and distribution infrastructure designed for the efficient and safe transport of electrical power at elevated voltage levels. These cables are typically used to transmit electricity over long distances, particularly in urban areas or where overhead lines are impractical or aesthetically undesirable. HV cables generally operate at voltages higher than 33 kilovolts (kV), while EHV cables typically operate at voltages exceeding 220 kV. The cables are insulated and shielded to prevent electrical losses, reduce electromagnetic interference, and ensure the safety of the surrounding environment. The use of underground cables minimizes visual impact and is advantageous in densely populated areas. The design and installation of HV and EHV underground cables involve advanced engineering to meet stringent electrical and safety standards, making them a crucial component of modern electrical infrastructure.

According to DIResearch's in-depth investigation and research, the global HV & EHV Underground Cables market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of HV & EHV Underground Cables include Prysmian Group, Nexans, Southwire, Hengtong Group, Furukawa Electric, Sumitomo Electric Industries, Qrunning Cable, LS Cable & System, Taihan Electric, Riyadh Cable, NKT Cables etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of HV & EHV Underground Cables. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global HV & EHV Underground Cables market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the HV & EHV Underground Cables market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of HV & EHV Underground Cables industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of HV & EHV Underground Cables Include:

Prysmian Group

Nexans

Southwire

Hengtong Group

Furukawa Electric

Sumitomo Electric Industries

Qrunning Cable

LS Cable & System

Taihan Electric

Riyadh Cable

NKT Cables

HV & EHV Underground Cables Product Segment Include:

HV Underground Cables

EHV Underground Cables

HV & EHV Underground Cables Product Application Include:

Direct Current

Alternative Current

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global HV & EHV Underground Cables Industry PESTEL Analysis

Chapter 3: Global HV & EHV Underground Cables Industry Porter’s Five Forces Analysis

Chapter 4: Global HV & EHV Underground Cables Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global HV & EHV Underground Cables Market Size and Forecast by Type and Application Analysis

Chapter 6: North America HV & EHV Underground Cables Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe HV & EHV Underground Cables Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China HV & EHV Underground Cables Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) HV & EHV Underground Cables Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America HV & EHV Underground Cables Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa HV & EHV Underground Cables Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global HV & EHV Underground Cables Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources