The report offers detailed coverage of High-Voltage Power Cable industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading High-Voltage Power Cable by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Any voltage above 1,000 volts is defined as the high voltage. High voltage cables are used for electric power transmission at high voltage. This kind of cables are manufactured with the protective jacket, insulation and one or more conductors. High voltage cables can be used for underground & underwater applications, buildings and overhead lines to transmit electricity. The insulation of the high voltage cables does not deteriorate due to high voltage. For the insulation purpose or to control the electric field around the conductor, high voltage cables have additional layers. The cables with higher power distribution capacity are insulated with oil and paper. The insulation over the cable prevents the direct contact with persons and other objects as well. The length of the high voltage cable varies as per the application and requirement. For instance, high voltage cables of longer length are used in an industrial application and as well as at buildings and shorter cables are used in the apparatus.
The increasing investments in renewable energy projects as one of the primary factors that will trigger the growth of the high-voltage power cable market in the coming years. Electricity generated across the world is mainly derived from fossil fuels and the recent years witnessed a significant increase in emission levels due to the constant usage of fossil fuels. The rising emission levels has compelled countries across the world to focus on cleaner fuel sources such as nuclear and renewable energy. The introduction of several government policies, incentives, and rebates have significantly contributed to the growth of the renewable energy capacity across the world.
The development of smart grids is one of the key trends that will gain traction in the high-voltage power cable market in the coming years. Smart grids have the potential to converge analog or digital information and computer-based remote control and automation to electricity networks. Smart grid electricity is simply electricity from grids that are cost-effective, sustainable, and dependable especially in terms of securing the supply of electricity by intelligently integrating the actions of all users.
The report forecast global High-Voltage Power Cable market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global High-Voltage Power Cable market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Belden
Encore Wire
Nexans
NKT
Prysmian Group
Sumitomo Electric Industries
By the product type, the market is primarily split into
Underground
Overhead
Submarine
By the end users/application, this report covers the following segments
Industrial
Renewable Energy
Infrastructure
At the same time, we classify High-Voltage Power Cable according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the High-Voltage Power Cable market for the forecast period 2020 - 2025?
• What are the driving forces in the High-Voltage Power Cable market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the High-Voltage Power Cable industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?