Any voltage above 1,000 volts is defined as the high voltage. High voltage cables are used for electric power transmission at high voltage. This kind of cables are manufactured with the protective jacket, insulation and one or more conductors. High voltage cables can be used for underground & underwater applications, buildings and overhead lines to transmit electricity. The insulation of the high voltage cables does not deteriorate due to high voltage. For the insulation purpose or to control the electric field around the conductor, high voltage cables have additional layers. The cables with higher power distribution capacity are insulated with oil and paper. The insulation over the cable prevents the direct contact with persons and other objects as well. The length of the high voltage cable varies as per the application and requirement. For instance, high voltage cables of longer length are used in an industrial application and as well as at buildings and shorter cables are used in the apparatus.
The increasing investments in renewable energy projects as one of the primary factors that will trigger the growth of the high-voltage power cable market in the coming years. Electricity generated across the world is mainly derived from fossil fuels and the recent years witnessed a significant increase in emission levels due to the constant usage of fossil fuels. The rising emission levels has compelled countries across the world to focus on cleaner fuel sources such as nuclear and renewable energy. The introduction of several government policies, incentives, and rebates have significantly contributed to the growth of the renewable energy capacity across the world.
The development of smart grids is one of the key trends that will gain traction in the high-voltage power cable market in the coming years. Smart grids have the potential to converge analog or digital information and computer-based remote control and automation to electricity networks. Smart grid electricity is simply electricity from grids that are cost-effective, sustainable, and dependable especially in terms of securing the supply of electricity by intelligently integrating the actions of all users.
In 2019, the market size of High-Voltage Power Cable is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for High-Voltage Power Cable.
This report studies the global market size of High-Voltage Power Cable, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the High-Voltage Power Cable production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Belden
Encore Wire
Nexans
NKT
Prysmian Group
Sumitomo Electric Industries
...
Market Segment by Product Type
Underground
Overhead
Submarine
Market Segment by Application
Industrial
Renewable Energy
Infrastructure
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the High-Voltage Power Cable status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key High-Voltage Power Cable manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of High-Voltage Power Cable are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on High-Voltage Power Cable. Industry analysis & Market Report on High-Voltage Power Cable is a syndicated market report, published as Global (United States, European Union and China) High-Voltage Power Cable Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of High-Voltage Power Cable market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.