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High Voltage Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

High voltage cables (HVCs) are extensively utilized for electric power transmission at high voltages. Equipped with structural elements of protective jackets, one or more conductors, and insulators, they are designed to efficiently transmit electricity without any power loss during long-range transmissions. The presence of additional internal layers in the insulation jacket assists HVCs in controlling the electric flow around the conductor. As a result, they find widespread applications across various sectors, such as power utility, mining, chemical and petrochemical, paper and pulp, wastewater treatment, manufacturing, and oil and gas.

 

 
 

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High Voltage Cable Market Trends: 

The market is primarily driven by the ever-increasing demand for electricity across the globe. This can be accredited to the rising reliance on electronic appliances and devices among the masses and the escalating need for an uninterrupted power supply. In line with this, the flourishing global construction industry and the continuous replacements of aging grid infrastructure and transmission lines due to the shift toward smart grids are providing an impetus to the market growth. Besides this, the preference for renewable energy sources, such as solar and wind energy, due to an enhanced focus on sustainable development has led to the construction of new utility grid setups with improved transmission and distribution networks on the global level, thereby acting as a significant growth-inducing factor for the market. Also, the growing number of rural electrification projects undertaken by the governments of various countries is fueling the product demand. Some of the other factors creating a positive outlook for the market include rapid industrialization, continual technological advancements in distribution networks, and extensive research and development (R&D) activities conducted by key players.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global high voltage cable market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on installation, voltage type and end user.

Breakup by Installation:

 

 
 

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  • 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:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and TELE-FONIKA Kable S.A.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Installation, Voltage Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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. and TELE-FONIKA Kable S.A.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global high voltage cable market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global high voltage cable market?
  • What are the key regional markets?
  • What is the breakup of the market based on the installation?
  • What is the breakup of the market based on the voltage type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global high voltage cable market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global High Voltage Cable Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Installation
    6.1    Overhead
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Underground
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Submarine
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Voltage Type
    7.1    50kV-110kV
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    115kV-330kV
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    More than 330kV
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by End User
    8.1    Industrial
        8.1.1 Market Trends
        8.1.2 Key Segments
           8.1.2.1 Power Utilities
           8.1.2.2 Oil and Gas
           8.1.2.3 Mining
           8.1.2.4 Chemical and Petrochemical
           8.1.2.5 Others
        8.1.3 Market Forecast
    8.2    Renewable Energy
        8.2.1 Market Trends
        8.2.2 Key Segments
           8.2.2.1 Wind
           8.2.2.2 Hydropower
           8.2.2.3 Others
        8.2.3 Market Forecast
    8.3    Infrastructure
        8.3.1 Market Trends
        8.3.2 Key Segments
           8.3.2.1 Commercial
           8.3.2.2 Residential
        8.3.3 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Brugg Kabel AG
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Ducab
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    LS Cable & System Ltd
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    NEXANS
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    NKT A/S
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    Prysmian Group
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Siemens AG
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Southwire Company LLC
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 SWOT Analysis
        14.3.9    Sumitomo Electric Industries Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    TBEA Co. Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    TELE-FONIKA Kable S.A.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: High Voltage Cable Market: Major Drivers and Challenges
Figure 2: Global: High Voltage Cable Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: High Voltage Cable Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: High Voltage Cable Market: Breakup by Installation (in %), 2021
Figure 5: Global: High Voltage Cable Market: Breakup by Voltage Type (in %), 2021
Figure 6: Global: High Voltage Cable Market: Breakup by End User (in %), 2021
Figure 7: Global: High Voltage Cable Market: Breakup by Region (in %), 2021
Figure 8: Global: High Voltage Cable (Overhead) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: High Voltage Cable (Overhead) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: High Voltage Cable (Underground) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: High Voltage Cable (Underground) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: High Voltage Cable (Submarine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: High Voltage Cable (Submarine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: High Voltage Cable (50kV-110kV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: High Voltage Cable (50kV-110kV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: High Voltage Cable (115kV-330kV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: High Voltage Cable (115kV-330kV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: High Voltage Cable (More than 330kV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: High Voltage Cable (More than 330kV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: High Voltage Cable (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: High Voltage Cable (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: High Voltage Cable (Renewable Energy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: High Voltage Cable (Renewable Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: High Voltage Cable (Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: High Voltage Cable (Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Canada: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Canada: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Asia-Pacific: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Asia-Pacific: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: China: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: China: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Japan: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Japan: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: South Korea: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: South Korea: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Australia: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Australia: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Indonesia: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Indonesia: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Europe: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Europe: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Germany: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Germany: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: France: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: France: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: United Kingdom: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: United Kingdom: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Italy: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Italy: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Spain: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Spain: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Russia: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Russia: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Latin America: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Latin America: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Brazil: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Brazil: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Mexico: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Mexico: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Middle East and Africa: High Voltage Cable Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Middle East and Africa: High Voltage Cable Market: Breakup by Country (in %), 2021
Figure 74: Middle East and Africa: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Global: High Voltage Cable Industry: SWOT Analysis
Figure 76: Global: High Voltage Cable Industry: Value Chain Analysis
Figure 77: Global: High Voltage Cable Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: High Voltage Cable Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: High Voltage Cable Market Forecast: Breakup by Installation (in Million US$), 2022-2027
Table 3: Global: High Voltage Cable Market Forecast: Breakup by Voltage Type (in Million US$), 2022-2027
Table 4: Global: High Voltage Cable Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: High Voltage Cable Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: High Voltage Cable Market: Competitive Structure
Table 7: Global: High Voltage Cable Market: Key Players


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