High Voltage Cables and Accessories Market Outlook 2027 By Installation, By Company, Size, Share, Trends
According to TechSci Research, Global High Voltage Cables & Accessories Market is projected to reach USD 40.98 Billion by 2027, at a CAGR of over 6%, from 2022 to 2027. The major factors contributing in the growth of the market are increasing need for grid interconnections, rising investments in the new submarine and accessories market, growing offshore windfarms and grid interconnections. Moreover, the upcoming projects for the overhead transmission lines would also boost the demand for high voltage cables and accessories systems. In 2021, the overhead segment accounted for the largest market size due to low initial cost for installations and increasing demand for electricity. APAC region is predictable to dominate the global market from 2022 to 2027, owing to smart grid investments, increase in power generation capacity, and investments in T&D infrastructure in the region. Some of the leading players in the high voltage cables and accessories market include Prysmian S.p.A, General Cable Corporation, Sumitomo Electric Industries, Ltd., Nexans S.A., NKT Cables Group A/S etc.
Some of the leading players in the Global High Voltage Cables & Accessories Market are Nexans S.A., Prysmian S.P.A, Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., General Cable Corporation, NKT Cables Group A/S, Tianjin Suli Cable Group, Baosheng High Voltage Cable Co., Ltd., Tele-Fonika Kable Sa, Dubai Cable Company (Private) Ltd. etc.
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- To analyse and forecast the market size of High Voltage Cables & Accessories Market, in terms of value.
- To classify and forecast Global High Voltage Cables & Accessories Market based on installation, voltage, product and regional distribution.
- To identify drivers and challenges for Global High Voltage Cables & Accessories Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global High Voltage Cables & Accessories Market.
- To conduct the pricing analysis for High Voltage Cables & Accessories Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global High Voltage Cables & Accessories Market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
TechSci Research calculated the market size of Global High Voltage Cables & Accessories Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- High voltage cable manufacturing companies
- Insulation raw material suppliers
- Consulting companies in the power sector
- Raw material suppliers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Installation · Product Type · Voltage |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, Australia; South Korea, Malaysia, Singapore, Germany, France, United Kingdom, Italy, Spain, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia; |
Key companies profiled | Nexans S.A., Prysmian S.P.A, Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., General Cable Corporation, NKT Cables Group A/S, Tianjin Suli Cable Group, Baosheng High Voltage Cable Co., Ltd., Tele-Fonika Kable Sa, Dubai Cable Company (Private) Ltd. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global High Voltage Cables & Accessories Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- High Voltage Cables & Accessories Market, By Installation:
- Overhead
- Submarine
- Underground
- High Voltage Cables & Accessories Market, By Product Type:
- Overhead Products
- Conductors
- Fitting and Fixtures
- Others
- Submarine Products & Underground Products
- Cable terminations
- Cable joints
- XLPE cables
- MI cables
- Others
- High Voltage Cables & Accessories Market, By Voltage:
- 72.5 kV
- 123 kV
- 145 kV
- 170 kV
- 245 kV
- 400 kV and above
- High Voltage Cables & Accessories Market, by Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in High Voltage Cables & Accessories Market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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