Global High-Voltage Power Cables Market Growth 2023-2029
High-Voltage cables are shielded cables that are mainly used for power transmission at high voltage. They are made up of conductor, conductor shield, insulator, semi-conducting insulation shield, metallic insulation shield, and sheath. High voltage cables generally operate in the range of 60-500kV.
LPI (LP Information)' newest research report, the “High-Voltage Power Cables Industry Forecast” looks at past sales and reviews total world High-Voltage Power Cables sales in 2022, providing a comprehensive analysis by region and market sector of projected High-Voltage Power Cables sales for 2023 through 2029. With High-Voltage Power Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High-Voltage Power Cables industry.
This Insight Report provides a comprehensive analysis of the global High-Voltage Power Cables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High-Voltage Power Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High-Voltage Power Cables market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High-Voltage Power Cables and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High-Voltage Power Cables.
The global High-Voltage Power Cables market size is projected to grow from US$ 8042 million in 2022 to US$ 10760 million in 2029; it is expected to grow at a CAGR of 10760 from 2023 to 2029.
Asia(Excluding China) is the largest High-Voltage Power Cables market with about 24% market share. Europe is follower, accounting for about 22% market share.
The key players are Prysmian, Nexans, LS Cable & System, Far East Cable, Shangshang Cable, Baosheng Cable, Southwire, Jiangnan Cable, Sumitomo Electric, NKT Cables, TF Kable, Hanhe Cable, Furukawa Electric, Okonite, Condumex, Riyadh Cables, Elsewedy Electric etc. Top 3 companies occupied about 16% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of High-Voltage Power Cables market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
AC Power Cable
DC Power Cable
Segmentation by application
Utility
Industrial
Renewable Energy
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Prysmian
Nexans
LS Cable & System
Far East Cable
Shangshang Cable
Baosheng Cable
Southwire
Jiangnan Cable
Sumitomo Electric
NKT Cables
TF Kable
Hanhe Cable
Furukawa Electric
Okonite
Condumex
Riyadh Cables
Elsewedy Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global High-Voltage Power Cables market?
What factors are driving High-Voltage Power Cables market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High-Voltage Power Cables market opportunities vary by end market size?
How does High-Voltage Power Cables break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook