Worldwide High Voltage Cable (HVC) Industry to 2028 - by Installation, End-user and Region - ResearchAndMarkets.com

·4 min read

The "Global High Voltage Cable (HVC) Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The publisher insinuates that the global market for high voltage cable (HVC) is likely to experience a growth at a CAGR of 5.42% over the forecast period 2021-2028.

The high voltage cable market is primarily motivated by factors such as rising demand for power generation, paired with the growth in infrastructural activities. Further, the surging investments in smart grid technology are another factor generating several opportunities for the studied market to leverage and reach its expected growth.

Although, the costs of pricing of conducting materials, such as copper and aluminum, are vital in determining the total cost of the high voltage cables. Hence, the fluctuating prices of these metals are majorly restricting the growth of the high voltage cable market's future growth.

The global high voltage cable (HVC) market covers the regions of North America, the Asia-Pacific, Latin America, Europe, and the Middle East and Africa.

Asia-Pacific is considered to hold the largest share in the high voltage cable market, and is expected to continue its stronghold till 2028. The region's growth can be attributed to the continual efforts to fulfill electricity needs due to rising urbanization activities in countries like China, India, and Japan. Among the countries, China is one of the largest electricity producers, which calls for the adoption of high voltage cables for power transmission.

Furthermore, several leading companies are entering the region's market. For instance, the General Cable Technology Corporation signed an agreement to sell its business operations in the Asia-Pacific region to MM logistics. Therefore, these factors are mainly fuelling the progress of the HVC market across the APAC region.

Companies Mentioned

  • Tele-Fonika Kable Sa

  • Prysmian Group

  • Dubai Cable Company Pvt Ltd

  • NKT Cables

  • Nexans

  • Southwire LLC

  • Sumimoto Electric Industries Ltd

  • Siemens AG

  • TBEA Co Ltd

  • Hitachi Ltd

  • ABB Ltd

  • Tratos

  • Finolex Cables

Key Topics Covered:

1. Global High Voltage Cable (HVC) Market - Summary

2. Industry Outlook

2.1. Market Definition

2.2. Key Insights

2.2.1. Asia-Pacific is the Most Promising Regional Market

2.2.2. Infrastructure is Anticipated to Grow at a Highest Cagr

2.2.3. Rise in Offshore Power Projects

2.3. Porter's Five Forces Analysis

2.3.1. Threat of New Entrants

2.3.2. Threat of Substitute

2.3.3. Bargaining Power of Suppliers

2.3.4. Bargaining Power of Buyers

2.3.5. Threat of Competitive Rivalry

2.4. Market Attractiveness Index

2.5. Vendor Scorecard

2.6. Key Market Strategies

2.6.1. Acquisitions

2.6.2. Product Launch

2.6.3. Partnership & Agreements

2.6.4. Business Expansion

2.7. Market Drivers

2.7.1. Rising Demand for Power Generation

2.7.2. Rise in Infrastructural Activities

2.8. Market Restraints

2.8.1. Volatile Prices of Metals

2.9. Market Opportunities

2.9.1. Rising Investments in Smart Grid Technology

2.10. Impact of Covid-19 on High Voltage Cable (HVC) Market

3. Global High Voltage Cable (HVC) Market Outlook - by Installation

3.1. Overhead

3.2. Underground

3.3. Submarine

4. Global High Voltage Cable (HVC) Market Outlook - by End-User

4.1. Industrial

4.1.1. Power Utilities

4.1.2. Oil & Gas

4.1.3. Mining

4.1.4. Chemical & Petrochemical

4.1.5. Others

4.2. Renewable Energy

4.3. Infrastructure

4.3.1. Commercial

4.3.2. Residential

5. Global High Voltage Cable (HVC) Market - Regional Outlook

5.1. North America

5.2. Europe

5.3. Asia-Pacific

5.4. Latin America

5.5. Middle East and Africa

6. Competitive Landscape

6.1. Tele-Fonika Kable Sa

6.2. Prysmian Group

6.3. Dubai Cable Company Pvt Ltd

6.4. NKT Cables

6.5. Nexans

6.6. Southwire LLC

6.7. Sumimoto Electric Industries Ltd

6.8. Siemens AG

6.9. TBEA Co Ltd

6.10. Hitachi Ltd

6.11. ABB Ltd

6.12. Tratos

6.13. Finolex Cables

7. Methodology & Scope

For more information about this report visit https://www.researchandmarkets.com/r/a6ych9

View source version on businesswire.com: https://www.businesswire.com/news/home/20210506005713/en/

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