High Voltage Cables Market 2019 Regional Trend | Growth Projections to 2025

1
Global High Voltage Cables Market Size to
surpass USD 29 billion by 2025
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of High Voltage Cables
Industry

• High voltage cables market, in essence, is driven
  by the need to have an established
  infrastructural system. With its increasing use
  in water resources and other renewable energy
  industries, the demand for high voltage cables is
  gradually increasing with the rising need for
  systematic, economic, and safer mode of power
  transmission. Many companies today from developed
  and developing nations are venturing into the
  production of these cables realizing the
  fast-paced growth in high voltage cables market.
• High voltage cables market is projected to exceed
  USD 29 billion by 2025, claims the latest
  research report compiled by Global Market
  Insights, Inc. High voltage cables market is
  poised to attain substantial growth owing to the
  rising demand for transmission and distribution
  efficiency. The ongoing renovations in the
  electrical setup of industries and the need to
  develop a stronger electrical infrastructure in
  cities, is propelling the demand for high voltage
  cables.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• High voltage cables are increasingly used across
  the industrial and utility sectors. The high
  demand for HV cables can be credited to a
  plethora of properties such as anti-corrosion,
  waterproof, electrical insulation, and easy
  implementation. These features offer greater
  mechanical toughness compared to PVC.
• The United States is one of the most lucrative
  regional grounds for high voltage cables market
  indeed, the U.S. utility sector is a leading
  consumer of HV cables. The leading demand drivers
  in the region are favorable regulatory outlook
  for the expansion of utility sector, increasing
  use of renewable energy, and technological
  enhancements in grid infrastructure. For
  instance, 4,178 billion kilowatt-hours of
  electricity was generated in the United States in
  the year 2018, which positively impacted the
  regional demand for high voltage cables.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
High Voltage Cables Market Size, By Voltage, 2018
2025 (USD Million)
Browse Complete Summary of this report _at_
https//www.gminsights.com/industry-analysis/high-
voltage-cables-market
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis

• Many players in the utility sector are adapting
  to the changing requirements of the customers,
  such as by developing apps to give consumers
  control over their energy usage, monitor their
  electricity bills or receive outage alerts. These
  changes are adding a positive impetus to market
  growth. With the growing need for inexpensive
  energy, many providers are setting up newer
  electrical channels thus pushing the high voltage
  cables market size.
• The refurbishment of the electrical
  infrastructure, requiring companies to resort to
  underground or overhead cable technologies is
  promoting high voltage cables market. In disaster
  prone APAC regions, often hit by cyclones or
  earthquakes, the government is resorting to
  underground cable channels. Along similar lines,
  in 2017, the Tamil Nadu Generation and
  Distribution Corporation made significant
  investment on underground cabling.
• The benefit of underground cabling is that
  electric cables are buried deep inside therefore
  unaffected by calamities. The shifting of
  traditional wiring of electricity in cities to an
  underground mechanism will encourage the rapid
  adoption of high voltage cables.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Industry Background
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7

• Competitive Analysis
• ZTT
• NKT
• Elsewedy
• Prysmian
• Sumitomo
• Nexans
• LS Cables
• Sterlite Power
• Furukawa Electric
• KEI
• Taihan Electric
• Gupta Power
• APAR
• ABB
• KEC
• Alfanar

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com