High Voltage Cables And Accessories Market Size and Forecast
High Voltage Cables And Accessories Market size was valued at USD 34.34 Billion in 2019 and is projected to reach USD 53.44 Billion by 2027, growing at a CAGR of 6.13% from 2020 to 2027.
There are several advantages that high voltage cables and accessories provide, these factors are driving the growth of the market such as the flexible custom solutions, the easy installation, cost efficiency of the cables and applications as well as the field application support. The Global High Voltage Cables And Accessories Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global High Voltage Cables And Accessories Market Definition
High voltage cables are used for the function of electrical power transmission mostly at high voltages. High voltage cables are widely used for applications such as for the expansion of power supplies or megacities.
Global High Voltage Cables And Accessories Market Overview
There are several advantages that high voltage cables and accessories provide, these factors are driving the growth of the market such as the flexible custom solutions, the easy installation, cost efficiency of the cables and applications as well as the field application support. Factors that are restraining the growth of the market is the lack of knowledge of the usage of high voltage cables and accessories.
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Global High Voltage Cables And Accessories Market: Segmentation Analysis
The Global High Voltage Cables And Accessories Market is Segmented on the basis of Installation, Product Type, Voltage Range Method, and Geography.
High Voltage Cables And Accessories Market, By Installation
• Underground
• Overhead
• Submarine
Based on Installation, the market is segmented into Underground, Overhead, and Submarine.
High Voltage Cables And Accessories Market, By Product Type
• Underground & Submarine
o Cable Joints
o XLPE Cables
o MI Cables
o Cable Terminations
• Overhead Products
o Conductors
o Fitting And Fixtures
Based on Product Type, the market is segmented into Underground & Submarine, and Overhead Products.
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High Voltage Cables And Accessories Market, By Voltage Range Method
• 72.5 Kv
• 123 Kv
• 145 Kv
• 170 Kv
• 245 Kv
• 400 Kv And Above
Based on Voltage Range Method, the market is segmented into 2.5 Kv, 123 Kv, 145 Kv, 170 Kv, 245 Kv, and 400 Kv And Above.
High Voltage Cables And Accessories Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, the Global High Voltage Cables And Accessories Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
Key Players
The “High Voltage Cables And Accessories Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Nexans S.A., NKT Cables Group A/S, Furukawa Electric Co., Ltd., EL Sewedy Electric Company, Kabelwerke Brugg AG, Tele-Fonika Kable Sa, Baosheng High Voltage Cable Co., Ltd., Tianjin Suli Cable Group, Prysmian S.P.A., General Cable Corporation, Sumitomo Electric Industries, Ltd., LS Cable & System Ltd., Jiangnan Group Limited, Dubai Cable Company Ltd., and Southwire Company, LLC.
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