Global Power Grid Cable Supply, Demand and Key Producers, 2023-2029

Global Power Grid Cable Supply, Demand and Key Producers, 2023-2029

The global Power Grid Cable market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

The global power grid cable market is a crucial segment within the energy and utility industry, providing the essential infrastructure for transmitting electricity from power generation sources to distribution networks and end-users. Power grid cables play a critical role in ensuring efficient, reliable, and safe electricity transmission, making them vital components of modern infrastructure. The United States and Canada are investing in grid modernization, renewable energy integration, and transmission infrastructure upgrades. European countries focus on enhancing energy efficiency, reducing carbon emissions, and interconnecting regional grids. Rapid urbanization and industrial growth in countries like China and India drive significant demand for power grid cables. The power grid cable market is expected to experience steady growth due to increasing energy demand, grid modernization efforts, and the integration of renewable energy sources. Technological advancements in cable materials, insulation, and transmission efficiency will shape the market's evolution. As electrification extends to transportation and heating sectors, the demand for power grid cables will likely increase further.

Power grid cable is an electrical cable used to transmit and distribute electrical energy within a power grid or electrical network. These cables play a crucial role in the reliable and efficient transmission of electricity from power generation sources (such as power plants) to substations, distribution networks, and ultimately to homes, businesses, and industries. Power grid cables are designed to carry high-voltage electrical currents over long distances while minimizing energy losses and ensuring safe and reliable operation. They are used for both overhead and underground applications, depending on the specific requirements and constraints of the power grid infrastructure.

This report studies the global Power Grid Cable production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Power Grid Cable, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Power Grid Cable that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Power Grid Cable total production and demand, 2018-2029, (K Kilometers)

Global Power Grid Cable total production value, 2018-2029, (USD Million)

Global Power Grid Cable production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Kilometers)

Global Power Grid Cable consumption by region & country, CAGR, 2018-2029 & (K Kilometers)

U.S. VS China: Power Grid Cable domestic production, consumption, key domestic manufacturers and share

Global Power Grid Cable production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Kilometers)

Global Power Grid Cable production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Kilometers)

Global Power Grid Cable production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Kilometers).

This reports profiles key players in the global Power Grid Cable market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Prysmian Group, Nexans, Sumitomo Electric, Furukawa, Southwire, Leoni, LS Cable & Systems, NKT and KEI Industries, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Power Grid Cable market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Kilometers) and average price (US$/KM) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Power Grid Cable Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Power Grid Cable Market, Segmentation by Type
High-Voltage Transmission Cables
Medium-Voltage Distribution Cables
Low-Voltage Cables

Global Power Grid Cable Market, Segmentation by Application
Onshore
Underground
Seabed

Companies Profiled:
Prysmian Group
Nexans
Sumitomo Electric
Furukawa
Southwire
Leoni
LS Cable & Systems
NKT
KEI Industries
Fujikura
TFKable
Jiangnan Group
Hangzhou Cable
Orient Cable
Qingdao Hanhe cable
HENGTONG GROUP

Key Questions Answered

1. How big is the global Power Grid Cable market?

2. What is the demand of the global Power Grid Cable market?

3. What is the year over year growth of the global Power Grid Cable market?

4. What is the production and production value of the global Power Grid Cable market?

5. Who are the key producers in the global Power Grid Cable market?