Global High Voltage Direct Current (HVDC) Cable Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global High Voltage Direct Current (HVDC) Cable Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

High Voltage Direct Current (HVDC) Cable are including the submarine, underground and the overhead cable.

High Voltage Direct Current (HVDC) underground cables have been in commercial use since the 1950’s. Today, HVDC underground cables can carry medium and high power (100 MW up to 1,000 MW) over distances above 50 km.

So far, HVDC transmission has mainly been used in submarine applications, either connecting offshore wind farms to land or transmitting high electrical power over long distance through the sea were overhead lines cannot be used.

According to our (Global Info Research) latest study, the global High Voltage Direct Current (HVDC) Cable market size was valued at US$ 1908 million in 2023 and is forecast to a readjusted size of USD 3173 million by 2030 with a CAGR of 7.6% during review period.

Global High Voltage Direct Current (HVDC) Cable key players include ABB, NKT, Nexans, Prysmian, etc. Global top four manufacturers hold a share about 85%.

China is the largest market, with a share over 40%, followed by Europe, and North America, both have a share over 40 percent.

In terms of product, 151-300 KV is the largest segment, with a share nearly 55%. And in terms of application, the largest application is Overhead, followed by Submarine, Underground.

This report is a detailed and comprehensive analysis for global High Voltage Direct Current (HVDC) Cable market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global High Voltage Direct Current (HVDC) Cable market size and forecasts, in consumption value ($ Million), sales quantity (K Meter), and average selling prices (USD/Meter), 2019-2030

Global High Voltage Direct Current (HVDC) Cable market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Meter), and average selling prices (USD/Meter), 2019-2030

Global High Voltage Direct Current (HVDC) Cable market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Meter), and average selling prices (USD/Meter), 2019-2030

Global High Voltage Direct Current (HVDC) Cable market shares of main players, shipments in revenue ($ Million), sales quantity (K Meter), and ASP (USD/Meter), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for High Voltage Direct Current (HVDC) Cable

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global High Voltage Direct Current (HVDC) Cable market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Nexans, NKT, Prysman, General Cable, LS Cable, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

High Voltage Direct Current (HVDC) Cable market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
60-150 KV
151-300 KV
Above 300 KV

Market segment by Application
Submarine
Underground
Overhead

Major players covered
ABB
Nexans
NKT
Prysman
General Cable
LS Cable

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe High Voltage Direct Current (HVDC) Cable product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of High Voltage Direct Current (HVDC) Cable, with price, sales quantity, revenue, and global market share of High Voltage Direct Current (HVDC) Cable from 2019 to 2024.

Chapter 3, the High Voltage Direct Current (HVDC) Cable competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the High Voltage Direct Current (HVDC) Cable breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and High Voltage Direct Current (HVDC) Cable market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of High Voltage Direct Current (HVDC) Cable.

Chapter 14 and 15, to describe High Voltage Direct Current (HVDC) Cable sales channel, distributors, customers, research findings and conclusion.