High voltage cables allow power transmission at longer distances without considerable losses. Report on the global high voltage cables and accessories market, published by Market Research Future (MRFR), counts gains for this market at 6.27% CAGR between 2018 and 2023.
The vital factor
promoting the global high voltage cables and accessories market growth is the
growing use of technology and machine due to which, everything is dependent on
electricity. Need for cables that can endure high voltage, high resistances,
and heat is also impacting the market output.
Key
Players
Major players in the
global high voltage cables and accessories market include Brugg Kabel AG
(Switzerland), Cable Corporation of India Ltd. (India), Finolex Cables Ltd
(India), General Electric (USA), Hitachi Ltd. (Japan), Nexans S.A. (France),
NKT Holdings A/S (Denmark), Prysmian Group (Italy), RPG Cables (India), Siemens
AG (Germany), and Synergy Cables Ltd. (Israel).
Other factors speeding up
the market growth include growing urbanization projects, increased demand for
electrical power from remote areas, surge in grid connection projects, and hike
in demand for reduction of losses in transmission & distribution network.
However, safety issues related to overhead accessories and cables can restrain
market growth.
Global
High Voltage Cables and Accessories Industry Segmentation
The global high voltage cables and accessories
market segmentation covers product and voltage rating. MRFR
is analyzing the features of these segments to understand market trends.
Based on the voltage
rating, the market has been segmented into up to 100 kV, 101 kV – 230 kV, 230 kV
– 400 kV, and above 400 kV.
The product-based
segmentation of this market covers overhead cables, underground cables, and submarine
cables. Overhead cables segment has been sub-segmented into conductors,
fittings & fixtures, and others. Underground cables segment has been
sub-segmented into cable joints, cable termination, cross-linked polyethylene
(XLPE) cables, mineral insulated (MI) cable, and others.
Latest
Industry News
·
A R135 mn high-voltage
power cable investment in Port Elizabeth, South Africa is set to help the
economic growth of the Eastern Cape while also increasing the number of
country’s high-voltage power plants to three. 30 JUL 2019
Regional
Outlook
The regional segmentation
of the global high voltage cables and accessories market covers Asia Pacific,
Europe, North America, and Rest of the World (RoW).
Asia Pacific region can
hold the largest market share during the forecast period due to the growing
power sector in growing economies like China, India, and South Korea. In this
region, various developmental projects are taking place that creates a strong
market. Such projects involve the development of power generation, smart grids,
and power transmission & distribution infrastructure.
Due to technological
advancement, North America is another important regional market with USA and
Canada, generating maximum revenue. Some of the major market players are based
in North America.
Europe is another major
regional market due to technological advancement and the presence of major
market players. In this region, the conspicuous country-specific markets are France,
Germany, Italy, and the UK. Other countries in Europe also contribute decent
revenue to the market.
Browse
Complete Research Report at: https://www.marketresearchfuture.com/reports/high-voltage-cables-accessories-market-908
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces
Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of
Buyers
3.1.3 Bargaining Power Of
Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain
Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global High Voltage Cables
And Accessories Market, By Type
5.1 Introduction
5.2 Overhead
5.2.1 Market Estimates &
Forecast, 2018-2023
5.2.2 Market Estimates &
Forecast By Region, 2018-2023
5.3 Underground
5.3.1 Market Estimates &
Forecast, 2018-2023
5.3.2 Market Estimates &
Forecast By Region, 2018-2023
5.4 Submarine
5.4.1 Market Estimates &
Forecast, 2018-2023
5.4.2 Market Estimates &
Forecast By Region, 2018-2023
Continued…..
List Of Tables
Table 1 Global High Voltage
Cables And Accessories Market: By Region, 2018-2023
Table 2 North America High
Voltage Cables And Accessories Market: By Country, 2018-2023
Table 3 Europe High Voltage
Cables And Accessories Market: By Country, 2018-2023
Table 4 Asia Pacific High
Voltage Cables And Accessories Market: By Country, 2018-2023
Table 5 RoW High Voltage
Cables And Accessories Market: By Country, 2018-2023
Continued….
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