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Underground High Voltage Cable Market Share

Report ID: GMI5768
Published Date: May 2023
Report Format: PDF

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Underground High Voltage Cable Market Share

Major manufacturers operating across the underground high voltage cable market are focusing on transmission projects to gain a competitive edge over the others. Introduction of enhanced technologies and advance technological components by the eminent players has led to the positive business dynamics. Prominent industries players are

Prysmian Group
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
Hellenic Cables
TF Kable
FURUKAWA ELECTRIC CO., LTD.
Tratos
ILJIN ELECTRIC
Taihan Cable & Solution Co., Ltd.
LS Cable & System Ltd.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of underground high voltage cable was valued at more than USD 17.6 billion in 2022 and will grow at over 6% CAGR between 2023 and 2032.

The underground HVDC cables is poised to register 6.8% CAGR from 2023 to 2032 driven by the increasing conductor adoption and relatively lower losses at high transmission as compared to AC cables.

The Asia Pacific underground high voltage cables market will exhibit robust growth over 2032 due to the increasing demand for reliable and uninterrupted power supply in the region.

Ducab, Riyadh Cable, Jeddah Cables, ZTT, Southwire Company, LLC, Hellenic Cables, TF Kable, Tratos, and ILJIN ELECTRIC are some of the major suppliers of underground high voltage cables.