North America High Voltage Cable Market 2023-2030

North America High Voltage Cable Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report represents that the high voltage cable market in North America is envisioned to garner a compound annual growth rate of 4.24% over the forecasting years from 2023 to 2030. Canada and the United States are studied in the given region.

In the United States, renewable energy outpaced coal by accounting for 23% of power generation. Earlier in 2019, wind and solar accounted for around 50% of the nation’s total renewable electricity generation. However, this percentage is anticipated to grow owing to rising renewable energy consumption by residential and commercial users. Further, growing initiatives like offshore projects are anticipated to increase the adoption rate of HVCs, thereby widening the scope of the high voltage cable market.

Similarly, Canada stated its plan to phase out coal-generated electricity by 2030. Energy supply sectors are contributing significantly to clean GDP through manufacturing energy supply components, constructing new facilities, etc. Moreover, several provinces have announced their strategies for renewable energy generation, setting ambitious energy targets. Such initiatives are set to accelerate the adoption of HVCs, thereby fueling the Canadian high voltage cable market’s growth.

COMPETITIVE OUTLOOK

The notable companies in the HVC market are Hitachi Ltd, Furukawa Electric Co Ltd, Dubai Cable Company Pvt Ltd, and NKT Cables.


1. North America High Voltage Cable Market - Summary
2. Industry Outlook
2.1. Technology Snapshot
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitutes
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Market Maturity Analysis
2.4. Industry Components
2.4.1. Raw Materials
2.4.2. Hvc Manufacturers
2.4.3. Distributors
2.4.4. End-users
2.5. Key Buying Impact Analysis
2.5.1. Cost
2.5.2. Product Features
2.5.3. Efficiency
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Mergers & Acquisitions
2.6.4. Business Divestitures & Expansions
2.7. Market Driver
2.7.1. Increase In Infrastructure Activities
2.8. Market Challenge
2.8.1. Volatile Price Of Metals
2.9. Market Opportunities
2.9.1. Rise In Offshore Power Projects
2.9.2. Electricity Demand Due To Economic Growth And Industrialization
2.10. Analyst Perspective
3. North America High Voltage Cable Market – By Installation
3.1. Underground
3.2. Submarine
3.3. Overhead
4. North America High Voltage Cable Market – By Vertical
4.1. Renewable Energy
4.2. Industrial
4.2.1. Mining
4.2.2. Oil & Gas
4.2.3. Chemical & Petrochemical
4.2.4. Power & Utility
4.2.5. Other Industrial Verticals
4.3. Infrastructure
4.3.1. Commercial
4.3.2. Residential
5. North America High Voltage Cable Market – Country Outlook
5.1. Country Analysis
5.1.1. United States
5.1.1.1. United States High Voltage Cable Market Forecast & Prospects
5.1.2. Canada
5.1.2.1. Canada High Voltage Cable Market Forecast & Prospects
6. Competitive Landscape
6.1. Dubai Cable Company Pvt Ltd
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. Furukawa Electric Co Ltd
6.2.1. Overview
6.2.2. Product Portfolio
6.3. Finolex Cable Ltd
6.3.1. Overview
6.3.2. Product Portfolio
6.4. Hitachi Ltd
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. Nkt Cables
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. Nexans Sa
6.6.1. Overview
6.6.2. Product Portfolio
6.6.3. Key Strengths
6.6.4. Key Challenges
6.7. Prysmian Group
6.7.1. Overview
6.7.2. Product Portfolio
6.7.3. Key Strengths
6.7.4. Key Challenges
6.8. Siemens Ag
6.8.1. Overview
6.8.2. Product Portfolio
6.8.3. Key Strengths
6.8.4. Key Challenges
6.9. Southwire Company Llc
6.9.1. Overview
6.9.2. Product Portfolio
6.9.3. Key Strengths
6.9.4. Key Challenges
6.10. Sumitomo Electric Industries Ltd
6.10.1. Overview
6.10.2. Product Portfolio
6.10.3. Key Strengths
6.10.4. Key Challenges
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
Table List
Table 1: North America High Voltage Cable Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: List Of Collaborations In The North America High Voltage Cable Market
Table 3: List Of Product Launches In The North America High Voltage Cable Market
Table 4: List Of Mergers & Acquisitions In The North America High Voltage Cable Market
Table 5: List Of Business Divestitures & Expansion In The North America High Voltage Cable Market
Table 6: North America High Voltage Cable Market, By Installation, 2023-2030 (In $ Million)
Table 7: North America High Voltage Cable Market, By Vertical, 2023-2030 (In $ Million)
Table 8: North America High Voltage Cable Market, By Industrial, 2023-2030 (In $ Million)
Table 9: North America High Voltage Cable Market, By Infrastructure, 2023-2030 (In $ Million)
Table 10: North America High Voltage Cable Market, By Country Outlook, 2023-2030 (In $ Million)
Figure List
Figure 1: Market Maturity Analysis
Figure 2: Industry Components
Figure 3: Key Buying Impact Analysis
Figure 4: North America High Voltage Cable Market, By Installation, 2022 & 2030 (In %)
Figure 5: North America High Voltage Cable Market, By Underground, 2023-2030 (In $ Million)
Figure 6: North America High Voltage Cable Market, By Submarine, 2023-2030 (In $ Million)
Figure 7: North America High Voltage Cable Market, By Overhead, 2023-2030 (In $ Million)
Figure 8: North America High Voltage Cable Market, By Vertical, 2022 & 2030 (In %)
Figure 9: North America High Voltage Cable Market, By Renewable Energy, 2023-2030 (In $ Million)
Figure 10: North America High Voltage Cable Market, By Industrial, 2023-2030 (In $ Million)
Figure 11: North America High Voltage Cable Market, By Industrial, 2022 & 2030 (In %)
Figure 12: North America High Voltage Cable Market, By Mining, 2023-2030 (In $ Million)
Figure 13: North America High Voltage Cable Market, By Oil & Gas, 2023-2030 (In $ Million)
Figure 14: North America High Voltage Cable Market, By Chemical & Petrochemical, 2023-2030 (In $ Million)
Figure 15: North America High Voltage Cable Market, By Power & Utility, 2023-2030 (In $ Million)
Figure 16: North America High Voltage Cable Market, By Other Industrial Verticals, 2023-2030 (In $ Million)
Figure 17: North America High Voltage Cable Market, By Infrastructure, 2023-2030 (In $ Million)
Figure 18: North America High Voltage Cable Market, By Infrastructure, 2022 & 2030 (In %)
Figure 19: North America High Voltage Cable Market, By Commercial, 2023-2030 (In $ Million)
Figure 20: North America High Voltage Cable Market, By Residential, 2023-2030 (In $ Million)
Figure 21: North America High Voltage Cable Market, By Country Outlook, 2022 & 2030 (In %)
Figure 22: United States High Voltage Cable Market 2023-2030 (In $ Million)
Figure 23: Canada High Voltage Cable Market 2023-2030 (In $ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings