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High Voltage Cables Market Share

  • Report ID: GMI3376
  • Published Date: Nov 2022
  • Report Format: PDF
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High Voltage Cables Market Share

Major companies participating in the high voltage cables market include:

  • Prysmian Group
  • Elsewedy Electric
  • Ducab
  • Power Plus Cables Co L.L.C
  • Sumitomo Electric Industries Ltd
  • Nexans
  • Riyadh Cable
  • Brugg Kabel AG
  • alfanar Group
  • Jeddah Cables
  • ZTT
  •  NKT A/S
  • Southwire Company LLC
  • Cablel TF Kable
  • FURUKAWA ELECTRIC CO LTD
  • Tratos
  • Hitachi Energy Ltd
  • Mitsubishi Electric Corporation
  • Gupta Power
  • ZMS Cable
  • ILJIN ELECTRIC
  • Taihan Cable & Solution Co Ltd 
  • LS Cable & System Ltd
  • Siemens Energy.
     

These enterprises have been focusing on making hefty investments and introducing advanced technologies and transmission projects to gain a competitive edge over the others. For instance, in August 2022, Prysmian Group gained a technological achievement in the department of Power Grids. The organization announced its testing & development of extruded submarine cable system with a voltage capacity of 525 kV. The system will be utilized in various applications across the High Voltage Direct Current (HVDC) industry. The technological advancements will facilitate the transmission capability of bi-pole structures up to more than 2.5 GW.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of high voltage cables crossed USD 19 billion in 2021 and is slated to depict over 4.5% gains between 2022 and 2030 owing to the stringent regulatory mandates pertaining to maintaining an energy-efficient infrastructure.

The HVAC segment accounted more than 59% of the revenue share in 2021 due to an increased emphasis on improving the ampacity and performance of existing power transmission systems.

The submarine segment is anticipated to witness over 20% CAGR through 2030 driven by the rising demand for eco-friendly technologies and the rising adoption of sustainable energy sources.

Prominent enterprises operating in the high voltage cable industry include Prysmian Group, Elsewedy Electric, Ducab, Power Plus Cables Co. L.L.C., Sumitomo Electric Industries, Ltd., Nexans, Riyadh Cable, Brugg Kabel AG, alfanar Group, Jeddah Cables, ZTT, Taihan Cable & Solution Co., Ltd., LS Cable & System Ltd., and Siemens Energy and others.

High Voltage Cables Market Scope

  • High Voltage Cables Market Size
  • High Voltage Cables Market Analysis
  • High Voltage Cables Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 25
    • Tables & Figures: 599
    • Countries covered: 18
    • Pages: 385
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