Adroit Market Research - Industry Insights
High Voltage Cables and Accessories Market by Installation (Overhead, Underground, Submarine), Voltage (100 - 250 KV, 251 - 400 KV, Above 400 KV) and by Region, Global Forecast, 2018 to 2028
Sep 2020
Total Pages: 100
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High voltage cables & accessories are increasingly used for power transmission application at high voltage. These cables are made up of semi-conducting insulation shield, sheath, conductor shield, insulator, metallic insulation shield, and conductor. High voltage cables & accessories contains bare conductors, cross-linked polyethylene, mass impregnated, and accessories such as terminations and cable joints. Cross-linked polyethylene and mass impregnated are increasingly used for underwater and underground cable systems. Increasing applications for long range electricity supply is expected to drive high voltage cables & accessories market over the coming years.
The global high voltage cables & accessories market revenue was valued at >USD 30.0 billion in 2019. Increasing penetration of renewable sources for power generation, growing demand for enhanced transmission network in Asian and African countries, and rising construction of grid interconnections are expected to open new opportunities for high voltage cables & accessories market over the coming years. Rapid urbanization followed by increasing shift towards green energy are expected to create demand for new power transmission lines which are estimated to further drive the market in coming years.
Key Segments of the Global High Voltage Cables & Accessories Market
Installation Overview, 2018-2028 (USD Billion)
- Overhead
- Underground
- Submarine
Voltage Overview, 2018-2028 (USD Billion)
- 100 - 250 KV
- 251 - 400 KV
- Above 400 KV
Regional Overview, 2018-2028 (USD Billion)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global high voltage cables & accessories market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global high voltage cables & accessories market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the high voltage cables & accessories industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on installation and voltage. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global high voltage cables & accessories market. The report will benefit: Every stakeholder involved in the high voltage cables & accessories market.
- Managers within the high voltage cables & accessories industry looking to publish recent and forecasted statistics about the global high voltage cables & accessories market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global high voltage cables & accessories market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Increasing population coupled with rising energy demand in developed as well developing economies are expected to open new avenues for high voltage cables & accessories market over the coming years. Rising power transmission and distribution demand followed by rapidly ageing grid infrastructure in North America and Europe is expected to create demand for smart grids over the coming years. Increasing demand for advanced smart grids in these regions will require power transmission network; which in turns is expected to provide lucrative opportunity for high voltage cables & accessories manufacturers. Stringent government regulations regarding increasing environmental carbon emission and effect on fossil fuels on society has forced countries to adopt renewable sources for power generation. Increasing government initiatives towards green energy target is expected to create demand for high voltage cables & accessories for new power transmission lines.
Installation Segment
The global high voltage cables & accessories market by installation is segmented into submarine, overhead, and underground. Overhead high voltage cables and accessories products are fittings, fixtures, conductors, overhead ground wires, insulators, and spacers. Underground high voltage cables and accessories products are MI cables, cable terminations, XLPE cables, and cable joints. Submarine high voltage cables and accessories products are brackets, insulators, and cable lamps. Overhead high voltage cables & accessories segment accounted for more than 40% of the overall market share in 2019.
Voltage Segment
The global high voltage cables & accessories market by voltage is categorized into above 400 KV, 251 – 400 KV, and 100 – 250 KV. 251 – 400 KV voltage segment accounted for more than 35% of overall market share in 2019 and it is expected to continue its dominancy over the forecast period. Growing power transmission industry in developed as well developing economies are expected to open new opportunities for medium voltage cables & accessories; which in turns will further add 252 – 400 KV voltage segment market growth over the coming years.
In 2019, Asia Pacific accounted for >30% of the overall market share. Increasing power generation capacity coupled with renewable infrastructure investment in Southeast Asia, India, and South Korea is expected to open new opportunities for high voltage cables & accessories industry over the coming years. Government initiatives towards smart grid investment followed by strengthening service industry will further drive the market. Rapidly ageing grid infrastructure followed by well-established telecom industry in North America and Europe are expected to create demand for high voltage cables & accessories over the coming years.
The global high voltage cables & accessories industry has large number of well-established manufacturers and small & medium scale manufactures. Key companies operating in this industry are Baosheng High Voltage Cable, Kabelwerke Brugg, Jiangnan Group, EL Sewedy Electric Company, LS Cable & System, Nexans S.A., Sumitomo Electric Industries, General Cable Corporation, Dubai Cable Company Ltd., Southwire Company, Tianjin Suli Cable Group, Furukawa Electric, , Tele-Fonika Kable Sa, NKT Cables Group A/S, and Prysmian S.P.A. Manufacturers operating in this industry are adopting merger & acquisition, new product development, technological advancement, research & development, and facility expansion in order to form strategies to increase their customer base.
High voltage cables & accessories are increasingly used for power transmission application at high voltage. These cables are made up of semi-conducting insulation shield, sheath, conductor shield, insulator, metallic insulation shield, and conductor. High voltage cables & accessories contains bare conductors, cross-linked polyethylene, mass impregnated, and accessories such as terminations and cable joints. Cross-linked polyethylene and mass impregnated are increasingly used for underwater and underground cable systems. Increasing applications for long range electricity supply is expected to drive high voltage cables & accessories market over the coming years.
The global high voltage cables & accessories market revenue was valued at >USD 30.0 billion in 2019. Increasing penetration of renewable sources for power generation, growing demand for enhanced transmission network in Asian and African countries, and rising construction of grid interconnections are expected to open new opportunities for high voltage cables & accessories market over the coming years. Rapid urbanization followed by increasing shift towards green energy are expected to create demand for new power transmission lines which are estimated to further drive the market in coming years.
Key Segments of the Global High Voltage Cables & Accessories Market
Installation Overview, 2018-2028 (USD Billion)
- Overhead
- Underground
- Submarine
Voltage Overview, 2018-2028 (USD Billion)
- 100 - 250 KV
- 251 - 400 KV
- Above 400 KV
Regional Overview, 2018-2028 (USD Billion)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global high voltage cables & accessories market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global high voltage cables & accessories market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the high voltage cables & accessories industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on installation and voltage. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global high voltage cables & accessories market. The report will benefit: Every stakeholder involved in the high voltage cables & accessories market.
- Managers within the high voltage cables & accessories industry looking to publish recent and forecasted statistics about the global high voltage cables & accessories market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global high voltage cables & accessories market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Installations
2.2.1 Primary Installations
2.2.2 Secondary Installations
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Data Triangulation
2.6 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.4 Porter’s Five Forces Analysis
4.5 PEST Analysis
4.6. Regulatory Landscape
4.7 COVID-19 Impact Analysis
Chapter 5 High Voltage Cables & Accessories Market by Installation
5.1 Introduction
5.1.1 Overhead
5.1.2 Underground
5.1.2 Submarine
Chapter 6 High Voltage Cables & Accessories Market by End User
6.1 Introduction
6.1.1 100 - 250 KV
6.1.2 251 - 400 KV
6.1.3 Above 400 KV
Chapter 7 High Voltage Cables & Accessories Market by Region
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 France
7.3.3 UK
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Middle East & Africa
7.5.1 UAE
7.5.2 South Africa
7.5.3 Rest of Middle East & Africa
7.6 South America
7.6.1 Brazil
7.6.2 Rest of South America
Chapter 8 Competitive Landscape
8.1 Overview
8.2 Strategic Initiatives
8.2.1 Mergers & Acquisitions
8.2.2 New Voltage Launch
8.2.3 Investments
8.2.4 Expansion
8.2.5 Customer Targeting
Chapter 9 Company Profiles
9.1 Kabelwerke Brugg AG
9.1.1 Overview
9.1.2 Products and Services Portfolio
9.1.3 Recent Initiatives
9.1.4 Company Financials
9.1.5 SWOT
9.2 Jiangnan Group Limited
9.2.1 Overview
9.2.2 Products and Services Portfolio
9.2.3 Recent Initiatives
9.2.4 Company Financials
9.2.5 SWOT
9.3 EL Sewedy Electric Company
9.3.1 Overview
9.3.2 Products and Services Portfolio
9.3.3 Recent Initiatives
9.3.4 Company Financials
9.3.5 SWOT
9.4 LS Cable & System Ltd.
9.4.1 Overview
9.4.2 Products and Services Portfolio
9.4.3 Recent Initiatives
9.4.4 Company Financials
9.4.5 SWOT
9.5 Furukawa Electric Co., Ltd.
9.5.1 Overview
9.5.2 Products and Services Portfolio
9.5.3 Recent Initiatives
9.5.4 Company Financials
9.5.5 SWOT
9.6 Sumitomo Electric Industries, Ltd.
9.6.1 Overview
9.6.2 Products and Services Portfolio
9.6.3 Recent Initiatives
9.6.4 Company Financials
9.6.5 SWOT
9.7 NKT Cables Group A/S
9.7.1 Overview
9.7.2 Products and Services Portfolio
9.7.3 Recent Initiatives
9.7.4 Company Financials
9.7.5 SWOT
9.8 General Cable Corporation
9.8.1 Overview
9.8.2 Products and Services Portfolio
9.8.3 Recent Initiatives
9.8.4 Company Financials
9.8.5 SWOT
9.9 Nexans S.A.
9.9.1 Overview
9.9.2 Products and Services Portfolio
9.9.3 Recent Initiatives
9.9.4 Company Financials
9.9.5 SWOT
9.10 Prysmian S.P.A.
9.10.1 Overview
9.10.2 Products and Services Portfolio
9.10.3 Recent Initiatives
9.10.4 Company Financials
9.10.5 SWOT
9.11 Other Companies