High Voltage Cable Market 2022-2027: Size, Share, Growth and Research Report

Research Reports May 8, 2022

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IMARC Group’s latest research report, titled “High Voltage Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global high voltage cable market reached a value of US$ 37.24 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 53.34 Billion by 2027, exhibiting a CAGR of 5.15% during 2022-2027. High voltage cables (HVCs) are the cables that are extensively used for transferring electric power at high voltages. Equipped with insulators, protective jackets, conductors, etc., they are designed to accurately transmit electricity without any power loss during long-range transmissions. HVCs can be of various voltage types, such as 50kV-110kV, 115kV-330kV, and more than 330kV.

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Important Attribute and highlights of the Report:

Detailed analysis of the global market share
Market Segmentation by installation, voltage type and end user.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for high voltage cable market
Strategies of major players and product offerings

The escalating requirement for electronic appliances and devices and the rising need for uninterrupted power supply are primarily driving the high voltage cable market. In addition to this, the expanding construction industry and the emerging trend of smart grids are also augmenting the market growth. Moreover, the shifting preferences towards inexhaustible energy sources, such as wind and solar energy, owing to the enhanced focus on sustainable development, are leading to the construction of new utility grid setups with improved distribution and transmission networks across countries, which is further catalyzing the global market.

Key Players Included in Global High Voltage Cable Market Research Report:

Brugg Kabel AG
Ducab
LS Cable & System Ltd
NEXANS
NKT A/S
Prysmian Group
Siemens AG
Southwire Company LLC
Sumitomo Electric Industries Ltd.
TBEA Co. Ltd.
TELE-FONIKA Kable S.A.

COVID-19 Impact Overview:

**We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.**

Key Market Segmentation:

Breakup by Installation:

Overhead
Underground
Submarine

Breakup by Voltage Type:

50kV-110kV
115kV-330kV
More than 330kV

Breakup by End User:

Industrial
- Power Utilities
- Oil and Gas
- Mining
- Chemical and Petrochemical
- Others
Renewable Energy
- Wind
- Hydropower
- Others
Infrastructure
- Commercial
- Residential

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the High Voltage Cable Market Research Report:

Preface
Scope and Methodology
Executive Summary
Introduction
Global High Voltage Cable Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.