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High Voltage Cable Market Report by Installation (Overhead, Underground, Submarine), Voltage Type (50kV-110kV, 115kV-330kV, More than 330kV), End User (Industrial, Renewable Energy, Infrastructure), and Region 2024-2032

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    Report

  • 136 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5849922
Description Jump to:
The global high voltage cable market size reached US$ 42.1 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 66.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2023-2032.

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.

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:

The report provides an analysis of the key trends in each sub-segment of the global high voltage cable market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on installation, voltage type and end user.

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

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.

Key Questions Answered in This Report

1. What was the size of the global high voltage cable market in 2023?
2. What is the expected growth rate of the global high voltage cable market during 2024-2032?
3. What has been the impact of COVID-19 on the global high voltage cable market?
4. What are the key factors driving the global high voltage cable market?
5. What is the breakup of the global high voltage cable market based on the installation?
6. What is the breakup of the global high voltage cable market based on the end user?
7. What are the key regions in the global high voltage cable market?
8. Who are the key players/companies in the global high voltage cable market?

Table of Contents

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$), 2018-2023
Figure 3: Global: High Voltage Cable Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: High Voltage Cable Market: Breakup by Installation (in %), 2023
Figure 5: Global: High Voltage Cable Market: Breakup by Voltage Type (in %), 2023
Figure 6: Global: High Voltage Cable Market: Breakup by End User (in %), 2023
Figure 7: Global: High Voltage Cable Market: Breakup by Region (in %), 2023
Figure 8: Global: High Voltage Cable (Overhead) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: High Voltage Cable (Overhead) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: High Voltage Cable (Underground) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: High Voltage Cable (Underground) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: High Voltage Cable (Submarine) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: High Voltage Cable (Submarine) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: High Voltage Cable (50kV-110kV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: High Voltage Cable (50kV-110kV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: High Voltage Cable (115kV-330kV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: High Voltage Cable (115kV-330kV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: High Voltage Cable (More than 330kV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: High Voltage Cable (More than 330kV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: High Voltage Cable (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: High Voltage Cable (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: High Voltage Cable (Renewable Energy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: High Voltage Cable (Renewable Energy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: High Voltage Cable (Infrastructure) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: High Voltage Cable (Infrastructure) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: North America: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: North America: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: United States: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: United States: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Canada: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Canada: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Asia-Pacific: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Asia-Pacific: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: China: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: China: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Japan: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Japan: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: India: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: India: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: South Korea: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: South Korea: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Australia: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Australia: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Indonesia: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Indonesia: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Others: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Others: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Europe: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Europe: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Germany: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Germany: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: France: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: France: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: United Kingdom: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: United Kingdom: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Italy: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Italy: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Spain: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Spain: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Russia: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Russia: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Others: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Others: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Latin America: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Latin America: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Brazil: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Brazil: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Mexico: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Mexico: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Others: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Others: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Middle East and Africa: High Voltage Cable Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Middle East and Africa: High Voltage Cable Market: Breakup by Country (in %), 2023
Figure 74: Middle East and Africa: High Voltage Cable Market Forecast: Sales Value (in Million US$), 2024-2032
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, 2023 and 2032
Table 2: Global: High Voltage Cable Market Forecast: Breakup by Installation (in Million US$), 2024-2032
Table 3: Global: High Voltage Cable Market Forecast: Breakup by Voltage Type (in Million US$), 2024-2032
Table 4: Global: High Voltage Cable Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 5: Global: High Voltage Cable Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: High Voltage Cable Market: Competitive Structure
Table 7: Global: High Voltage Cable Market: Key Players

Companies Mentioned

  • 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.

Methodology

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Table Information

Report AttributeDetails
No. of Pages136
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 42.1 Billion
Forecasted Market Value ( USD ) by 2032 $ 66.2 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the High Voltage Cable Market

The High Voltage Cable market is a segment of the Wire and Cables industry. It is composed of cables and wires that are designed to carry electrical power at high voltages, typically greater than 1,000 volts. These cables are used in a variety of applications, such as power transmission and distribution, industrial and commercial buildings, and renewable energy projects. High Voltage Cables are typically made of copper or aluminum, and are insulated with a variety of materials, such as polyethylene, cross-linked polyethylene, and ethylene propylene rubber. High Voltage Cables are manufactured by a variety of companies, including Prysmian Group, Nexans, Sumitomo Electric Industries, NKT, and General Cable. These companies produce a range of products, from standard cables to custom-made solutions. They also provide services such as installation, maintenance, and repair. Show Less Read more

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