High Voltage Cables and Accessories Market– Global Industry Analysis and Forecast (2023-2029)

High Voltage Cables And Accessories Market size is expected to reach US$ 60.91 Bn. by 2029, growing at a CAGR of 6.59% during the forecast period.

High voltage cable accessories are incorporated with advanced materials and deliver better electrical performance, strength, and reliability. High voltage cable is easy to install in 35-50% less time than the alternatives.To know about the Research Methodology:-Request Free Sample Report

The High Voltage Cables and Accessories Market based on the product has been classified into products specific to overhead, underground, and submarine cable systems. The underground and submarine segment is expected to be one of the major contributors to the market during the forecast period. This is due to cable joints and terminations are two main accessories needed to connect cable splices to another cable or terminal equipment. Mass Impregnated (MI) cable is a cable is extensively used in a submarine for high voltage applications. Based on installation, the overhead segment is expected to hold one of the largest market shares of the market for high voltage cables and accessories.

Geographically, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The Asia Pacific is expected to be one of the largest markets for high voltage cables and accessories. This is due to investments in smart grid and rising power generation capacity. There is an increasing focus of manufacturers and suppliers in the Asia Pacific for creating huge prospects in this service industry.
Key Highlights:
High Voltage Cables and Accessories Market analysis and forecast, in terms of volume and value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the High Voltage Cables and Accessories Market.
High Voltage Cables and Accessories Market segmentation on the basic installation, product type, voltage range and geography (country-wise) has been provided.
High Voltage Cables and Accessories Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study.
High Voltage Cables and Accessories Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the High Voltage Cables and Accessories Market are also profiled.
Research Methodology
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about High Voltage Cables and Accessories Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the high voltage cables and accessories market globally.
Key Target Audience:
Consulting companies in the power sector
High voltage cables and accessories and equipment manufacturers
High voltage cable manufacturing companies
Engineering, procurement, and construction companies in the transmission and distribution Government and research organizations
sector
Insulation raw material suppliers
Investment banks
Power transmission and distribution companies
High Voltage Cables and Accessories Market Report Scope: Inquire before buying
The Research report segments the high voltage cables and accessories market based on installation, product type, voltage range and geography



High Voltage Cables and Accessories Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 38.96 Bn.


Forecast Period 2022 to 2029 CAGR:
6.59%
Market Size in 2029:
US $ 60.91 Bn.


 Segments Covered:
by Installation
Overhead
Underground
Submarine


by Product type
Overhead Products
Conductors
Fitting and Fixtures
Others
Underground & Submarine
XLPE cables
MI cables
Cable terminations
Cable Joints
Others


by Voltage Range
72.5 kV
123 kV
145 kV
170 kV
245 kV
400 kV and above



High Voltage Cables and Accessories Market, By Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Geographic Analysis
Breakdown of North America market
Breakdown of Europe market
Breakdown of Asia Pacific market
Breakdown of Middle East & Africa market
Breakdown of Latin America market
Available Customizations
Maximize Market Research offers customizations of reports according to the specific requirement of our clients
 High Voltage Cables and Accessories Market Key Players
1.Nexans
2.Prysmian
3.General Cable Corporation
4.Sumitomo Electric Industries, Ltd.
5.TF Cable Americas
6.General Cable Corporation
7.NKT Cables Group A/S
8.Siemens AG
9.Hitachi Ltd.
10.Finolex Cables Ltd
11.RPG Cables
12.Cable Corporation of India Ltd.
13.Brugg Kabel AG
14.Synergy Cables Ltd.
15.ABB Ltd.
16.Encore Wire Corporation
17.The Kerite Company
18.Tele-Fonika Kable Sa
19.Dubai Cable Company
20.Baosheng High Voltage Cable Co., Ltd.
21.Tianjin Suli Cable Group

Frequently Asked Questions:

1. Which region has the largest share in Global market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global market?
Ans: The Global market is growing at a CAGR of 6.59% during forecasting period 2023-2029.

3. What is scope of the Global market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global market?
Ans: The important key players in the Global market are – Nexans, Prysmian, General Cable Corporation, Sumitomo Electric Industries, Ltd., TF Cable Americas, General Cable Corporation, NKT Cables Group A/S, Siemens AG, Hitachi Ltd., Finolex Cables Ltd, RPG Cables, Cable Corporation of India Ltd., Brugg Kabel AG, Synergy Cables Ltd., ABB Ltd., Encore Wire Corporation, The Kerite Company, Tele-Fonika Kable Sa, Dubai Cable Company, Baosheng High Voltage Cable Co., Ltd., Tianjin Suli Cable Group,

5. What is the study period of this market?
Ans: The Global market is studied from 2022 to 2029.