HVDC Cables Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

HVDC Cables Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global HVDC cables market is expected to grow at a CAGR of around 5.4% during 2025-2034. This report on global HVDC cables market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global HVDC cables market by segmenting the market based on voltage, installation and region. Also, detailed profiles of companies operating in the HVDC cables market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increased Investments in High Power Generation
• Growing Demand for the Replacement

Market Challenges

• High Installation Costs

Historical & Forecast Period

Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034

Market by Voltage

• High
• Extra High
• Ultra-High

Market by Installation

• Overhead
• Underground
• Submarine

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global HVDC Cables Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global HVDC Cables Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global HVDC Cables Market by Voltage
5.1. Introduction
5.2. High
5.3. Extra High
5.4. Ultra-High
6. Global HVDC Cables Market by Installation
6.1. Introduction
6.2. Overhead
6.3. Underground
6.4. Submarine
7. Global HVDC Cables Market by Region
7.1. Introduction
7.2. Europe
7.2.1. Germany
7.2.2. United Kingdom
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Russia
7.2.7. Netherlands
7.2.8. Rest of the Europe
7.3. North America
7.3.1. United States
7.3.2. Canada
7.4. Asia Pacific
7.4.1. China
7.4.2. Japan
7.4.3. India
7.4.4. South Korea
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Rest of the Asia Pacific
7.5. Latin America
7.5.1. Mexico
7.5.2. Brazil
7.5.3. Argentina
7.5.4. Rest of Latin America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. Turkey
7.6.3. Iran
7.6.4. United Arab Emirates
7.6.5. Rest of Middle East & Africa
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. ABB Ltd
11.2.2. General Electric Company
11.2.3. Hitachi Ltd
11.2.4. J-Power Group
11.2.5. LS Corp.
11.2.6. Mitsubishi Corp
11.2.7. Nexans
11.2.8. Prysmian SpA
11.2.9. Siemens AG
11.2.10. Sumitomo Electric Industries Ltd
List of Figures
Figure 1: Global HVDC Cables Market (in US$ Million), 2020-2024
Figure 2: Global HVDC Cables Market by Voltage, 2024
Figure 3: Global HVDC Cables Market by Installation, 2024
Figure 4: Global HVDC Cables Market by Region, 2024
Figure 5: Global HVDC Cables Market (in US$ Million), 2025-2034
Figure 6: Global HVDC Cables Market by Voltage (in %), 2024 & 2034
Figure 7: Global High HVDC Cables Market (in US$ Million), 2020-2024
Figure 8: Global High HVDC Cables Market (in US$ Million), 2025-2034
Figure 9: Global Extra High HVDC Cables Market (in US$ Million), 2020-2024
Figure 10: Global Extra High HVDC Cables Market (in US$ Million), 2025-2034
Figure 11: Global Ultra-High HVDC Cables Market (in US$ Million), 2020-2024
Figure 12: Global Ultra-High HVDC Cables Market (in US$ Million), 2025-2034
Figure 13: Global HVDC Cables Market by Installation (in %), 2024 & 2034
Figure 14: Global Overhead HVDC Cables Market (in US$ Million), 2020-2024
Figure 15: Global Overhead HVDC Cables Market (in US$ Million), 2025-2034
Figure 16: Global Underground HVDC Cables Market (in US$ Million), 2020-2024
Figure 17: Global Underground HVDC Cables Market (in US$ Million), 2025-2034
Figure 18: Global Submarine HVDC Cables Market (in US$ Million), 2020-2024
Figure 19: Global Submarine HVDC Cables Market (in US$ Million), 2025-2034
Figure 20: Global HVDC Cables Market by Region (in %), 2024 & 2034
Figure 21: Europe HVDC Cables Market (in US$ Million), 2020-2024
Figure 22: Europe HVDC Cables Market (in US$ Million), 2025-2034
Figure 23: Europe HVDC Cables Market by Country (in %), 2024 & 2034
Figure 24: Germany HVDC Cables Market (in US$ Million), 2020-2034
Figure 25: United Kingdom HVDC Cables Market (in US$ Million), 2020-2034
Figure 26: France HVDC Cables Market (in US$ Million), 2020-2034
Figure 27: Italy HVDC Cables Market (in US$ Million), 2020-2034
Figure 28: Spain HVDC Cables Market (in US$ Million), 2020-2034
Figure 29: Russia HVDC Cables Market (in US$ Million), 2020-2034
Figure 30: Netherlands HVDC Cables Market (in US$ Million), 2020-2034
Figure 31: North America HVDC Cables Market (in US$ Million), 2020-2024
Figure 32: North America HVDC Cables Market (in US$ Million), 2025-2034
Figure 33: North America HVDC Cables Market by Country (in %), 2024 & 2034
Figure 34: United States HVDC Cables Market (in US$ Million), 2020-2034
Figure 35: Canada HVDC Cables Market (in US$ Million), 2020-2034
Figure 36: Asia Pacific HVDC Cables Market (in US$ Million), 2020-2024
Figure 37: Asia Pacific HVDC Cables Market (in US$ Million), 2025-2034
Figure 38: Asia Pacific HVDC Cables Market by Country (in %), 2024 & 2034
Figure 39: China HVDC Cables Market (in US$ Million), 2020-2034
Figure 40: Japan HVDC Cables Market (in US$ Million), 2020-2034
Figure 41: India HVDC Cables Market (in US$ Million), 2020-2034
Figure 42: South Korea HVDC Cables Market (in US$ Million), 2020-2034
Figure 43: Australia HVDC Cables Market (in US$ Million), 2020-2034
Figure 44: Indonesia HVDC Cables Market (in US$ Million), 2020-2034
Figure 45: Latin America HVDC Cables Market (in US$ Million), 2020-2024
Figure 46: Latin America HVDC Cables Market (in US$ Million), 2025-2034
Figure 47: Latin America HVDC Cables Market by Country (in %), 2024 & 2034
Figure 48: Mexico HVDC Cables Market (in US$ Million), 2020-2034
Figure 49: Brazil HVDC Cables Market (in US$ Million), 2020-2034
Figure 50: Argentina HVDC Cables Market (in US$ Million), 2020-2034
Figure 51: Middle East & Africa HVDC Cables Market (in US$ Million), 2020-2024
Figure 52: Middle East & Africa HVDC Cables Market (in US$ Million), 2025-2034
Figure 53: Middle East & Africa HVDC Cables Market by Country (in %), 2024 & 2034
Figure 54: Saudi Arabia HVDC Cables Market (in US$ Million), 2020-2034
Figure 55: Turkey HVDC Cables Market (in US$ Million), 2020-2034
Figure 56: Iran HVDC Cables Market (in US$ Million), 2020-2034
Figure 57: UAE HVDC Cables Market (in US$ Million), 2020-2034
Figure 58: Market Value Chain
List of Tables
Table 1: Global HVDC Cables Market Portraiture
Table 2: Global HVDC Cables Market by Voltage (in US$ Million), 2024 & 2034
Table 3: Global HVDC Cables Market by Installation (in US$ Million), 2024 & 2034
Table 4: Global HVDC Cables Market by Region (in US$ Million), 2024 & 2034
Table 5: Europe HVDC Cables Market by Country (in US$ Million), 2024 & 2034
Table 6: North America HVDC Cables Market by Country (in US$ Million), 2024 & 2034
Table 7: Asia Pacific HVDC Cables Market by Country (in US$ Million), 2024 & 2034
Table 8: Latin America HVDC Cables Market by Country (in US$ Million), 2024 & 2034
Table 9: Middle East & Africa HVDC Cables Market by Country (in US$ Million),
2024 & 2034
Table 10: List of Key Players

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