Global High Voltage Direct Current
Global High Voltage Direct Current
Global High Voltage Direct Current
Report Details
Table of Content
Table of Figures
Request Sample
The High Voltage Direct Current (HVDC) Cables market report offers in-dept. analysis on the global market size,
market share, market growth, sales analysis, regional analysis, market developments, opportunities, and
forecasts that will help you in strategizing and expanding your business.
As per the most recent analysis conducted by our research team, the global High Voltage Direct Current (HVDC)
Cables market size is projected to reach US$ XX million by 2027 from US $ XX million in 2020 at a CAGR of XX
% during 2021-2027.
The report included detailed analysis on the High Voltage Direct Current (HVDC) Cables production capacity, its
market share by manufacturers, growth rate, regional production capacity, ex-factory rate, and other important
data points. The report also covers High Voltage Direct Current (HVDC) Cables consumption globally as well as
thorough bifurcation into regional and country wise consumption.
The research team goes an additional mile to comprehensively cover other important aspects on High Voltage
Direct Current (HVDC) Cables market such as the market dynamics, market segmentation, competition, growth
prospects, and growth strategies. The buyers of this report will have access to exclusive data that covers market
share by applications, manufacturers, regions, and countries. The document also covers market size by type,
market competition by manufacturers, sales volume, growth rate, revenue, price and gross margins. Moreover,
the authors of this report provide authentic calculations and estimations for global revenue and volume by type
segments for High Voltage Direct Current (HVDC) Cables market covering the period 2016-2027.
This report includes the following key manufacturers. We can also add other companies of your choice
and customize the report as per your requirements.
Prysmian
Nexans
LS Cable & System
Far East Cable
Shangshang Cable
Baosheng Cable
Southwire
Jiangnan Cable
Sumitomo Electric
NKT Cables
TF Kable
Hanhe Cable
Furukawa Electric
Okonite
Condumex
Riyadh Cables
El Sewedy Electric
Market Segment by Type
Submarine
Underground
Overhead
NEWS PROVIDED BY
Global Market Insights Inc.
Mar 22, 2021, 06:00 ET
Overhead HVDC cables industry is set to grow on account of a rising development of industries
across the emerging countries favored by large-scale upgrading of power infrastructure. Easy
maintenance and operations of land-based transmission grid followed by the applicability of these
cables across difficult terrains will sway the product demand. The continuous increase of the
number of projects across the countries with the deficit power supply to fulfill high electricity
demand will further drive the business scenario.
Browse key industry insights spread across 250 pages with 379 market data tables & 25 figures &
charts from the report, "HVDC Cables Market Projection By Voltage (High {35 kV to 475 kV},
Extra High {> 475 kV to 600 kV}, Ultra-High {> 600 kV}), By Installation (Overhead,
Submarine, Underground), Application (Intra-regional, Cross Border) Industry Analysis
Report, Regional Outlook, Application Development Potential, Price Trend, Competitive
Market Share & Forecast, 2021 - 2027" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hvdc-cables-market
Novel coronavirus has minimal impact on the HVDC T&D industry on account of continuous fund
flow and investments from public & private investors. The power sector being the backbone of
global economy may have minimal effect from COVID-19 on account of completion of projects
across various nations.
https://www.gminsights.com/industry-analysis/wire-and-cable-market
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and
consulting service provider, offering syndicated and custom research reports along with growth
consulting services. Our business intelligence and industry research reports offer clients with
penetrative insights and actionable market data specially designed and presented to aid strategic
decision making. These exhaustive reports are designed via a proprietary research methodology
and are available for key industries such as chemicals, advanced materials, technology,
renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Related Images
hvdc-cables-industry-forecasts.jpg
HVDC Cables Industry Forecasts 2021-2027
Industry Trends
HVDC cables market size surpassed USD 8 billion in 2020 and is set to exceed annual
deployment of 11,000 km by 2027. A high-voltage direct current cable is a cable used for
bulk electric power transmission for long distance. A cable includes a conductor and
insulation and is suitable for being run underground or underwater. Expansion of smart grid
networks along with modernization and upgradation of existing grid infrastructure will drive
the industry scenario.
High voltage segment of HVDC cables market is anticipated to surge on account of high-
power transmission capacity, lightweight, low maintenance and handling cost. The cable
industry is governed by several sets of guidelines and mandates, inclining industry
participants toward manufacturing standardized and energy efficient product. In addition,
growing electricity demand across power deficit areas has been prime focus for industry
leaders and regulators owing to significant potential for business expansion and growth.
HVDC cables market research report includes in-depth coverage of the industry with
estimates & forecast in terms of ‘km’ & ‘USD’ from 2017 to 2027, for the following
segments:
By Voltage
High
Extra High
Ultra-High
By Installation
Overhead
Submarine
Underground
By Application
Intra-Regional
Cross Border
Others
The above information has been provided for the following regions and country:
North America
o U.S.
o Canada
Europe
o Germany
o UK
o Italy
o Denmark
o Norway
o Ireland
Asia Pacific
o China
o Japan
o India
o Thailand
o Indonesia
Rest of the World
o Brazil
o Oman
Industry Trends
Overhead Conductor Market Size valued at over USD 790 million in 2020 and is set to
grow at a CAGR of over 3% between the period of 2021 and 2027. Overhead conductors
are basic components in the transmission of electrical energy across long distances. They
comprise either a single metal conductor or a strand of multiple conductors clubbed
together to enhance the transmission capacity and reliability. Increasing electricity demand
coupled with transmission losses will augment the business scenario.
Get more details on this report - Request Free Sample PDF
The overhead conductor industry is set to witness growth due to favorable regulatory
reforms toward the expansion of Microgrid networks and the integration of a sustainable
electrical infrastructure. Paradigm shift toward IT integration across the power sector will
fuel smart grid deployment, which in turn, will positively sway the industry dynamics. The
increasing disposable income, sustainable population, and higher electricity consumption,
primarily across developing nations, will energize the business scenario.
The conventional overhead conductor market is estimated to reach over USD 560 million
by 2027. Modernization of the grid infrastructure to make it smarter and extra resilient
through the integration of cutting-edge equipment and controls & technologies will
complement the business outlook. The ability of these units to efficiently deliver reliable
electricity, reduce the frequency of power outages, provide faster service, and reduce
storm impacts is set to boost the product adoption.
Favorable reforms in line with large-scale renewable integration favored by the upgrading
of existing grid networks to sustain the emerging electricity demand will comprehensively
enhance product penetration. For instance, in the U.S., the Smart Grid Investment Grant
program (SGIG) aims to escalate the modernization of the existing transmission systems
owing to the favorable economic & political scenario.
HVAC conductor technologies will grow at a CAGR of over 2.5% through 2027. Higher
conductor integration for a specified transmission distance when compared to its available
counterparts. Lower terminal costs coupled with the ease-of-voltage transformation across
circuits will foster the deployment of HVAC transmission lines. Rising investments from
private & public funding institutions in line with regulatory provisions to cater to the rapid
expansion of smart grid networks will facilitate the business outlook.
The world economy has been hit hard by an unpredicted outbreak of the novel coronavirus
(COVID-19). Global economies are focusing on over-compensating the pandemic impacts
by fast-tracking their operations, resulting in the anticipation of gradual market growth by
the second half of 2021. Favorable conditions including the ongoing upgrading &
modernization of existing transmission lines and deployment of advanced power cables
with lower transmission losses are anticipated to stimulate the overhead conductor
industry.
Asia Pacific and North America overhead conductor market together held a major share of
over 65% in 2020. The deployment of renewables coupled with ongoing advancements in
distributed generation technologies will favor the industry scenario. Growing concerns
toward energy security along with surging decentralized power generation will energize
product penetration. Ongoing measures to refurbish existing grid infrastructures followed
by the rapid adoption of smart transmission & distribution systems will augment the
business landscape.
Major participants operating in the overhead conductor market include Sumitomo Electric
Industries, ZTT, APAR, Lamifil, Nexans, Neccon, LUMPI-BERNDORF Draht- und Seilwerk
GmbH, 3M, Gupta Power, ZMS Cable, Midal Cables, Hindusthan Urban Infrastructure,
Alfanar Group, Prysmian Group, CABCON India, Sterlite Power, Tropical Cable &
Conductor, Gulf Cable and Electrical Industries, KEI Industries, Riyadh Cables Group, LS
Cable & System, Energya Cables Saudi Arabia, Southwire Company, SWCC SHOWA
HOLDING Co., MetalLink, Special Cables, Elsewedy Electric, Alcon Marepha, Arrow
Electronics, Galaxy Transmissions, Kelani Cables, Bekaert, Tratos, CMI, and Eland
Cables.
The overhead conductor market research report includes in-depth coverage of the
industry with estimates & forecast in terms of km and USD from 2017 to 2027 for the
following segments:
By Product
Conventional
o ACSR
o AAAC
o ACAR
o AACSR
o AAC
High Temperature
o Tal
o ZTAl
o Others
Others
o ACFR
o ACCR
o ACCC
o CRAC
o Gap Conductors
o Others
By Voltage
132 kV to 220 kV
221 kV to 660 kV
>660 kV
By Rated Strength
High Strength
Extra High Strength
Ultra-High Strength
By Current
HVAC
HVDC
By Application
High Tension
Extra High Tension
Ultra-High Tension
The above information has been provided for the following regions and countries:
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o France
o Italy
o Germany
o Sweden
o Russia
o Spain
Asia Pacific
o China
o Australia
o India
o Japan
o South Korea
o Indonesia
o New Zealand
o Malaysia
Middle East & Africa
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Egypt
o Turkey
o Kuwait
o Nigeria
o Oman
Latin America
o Brazil
o Chile
o Peru
o Argentina