High Voltage Cables and Accessories Market Research Report – Forecast to 2023
ID: MRFR/E&P/0403-HCRR | November, 2018 | Region: Global | 110 pages | Half-Cooked Research Reports
Global High Voltage Cables and Accessories Market Research Report: Information, By Type (Overhead, Underground, Submarine), by Product, by Voltage ratings (up to 100 kV, 101 kV – 230 kV, 231 kV – 400 kV, above 400 kV) and by Region - Forecast till 2023
Market Scenario
With the increasing economic wealth, and high progress within technology and industries, a world without electrical power is unimaginable. Transmission of power holds the maximum significance in the value chain of power sector, owing to the fact that electricity, unlike other commodities, cannot be transported by modes of transport. One of the key concerns in the transmission of electricity is the interruption in the supply of power. High voltage cables allow transmission of power at longer distances without considerable losses. With advancements in power sector and the desire to gain high-quality supply of electricity, industries have come up with the highest voltage level of above 500 kV.
High voltage cables are made of electric conductor materials that are capable of enduring high resistances, and thus, decrease the resistance and losses that are in the form of heat. Also, the high voltage accessories are excellent protectors of transmission and distribution systems from moisture, mechanical wear out, as well as they are connectors of conductors, along with the earthing links. High voltage cables are used for carrying electric power to areas where there is no power generation utility. Also, high voltage accessories ensure efficient and uninterrupted electricity T&D as well as they provide reliable and durable solutions for transmission of high voltage current.
High voltage cables and accessories market is driven by the factors such as increased demand for electrical power from remote areas and growing urbanization projects, increasing grid connection projects, and rising demand for reduction of losses in transmission and distribution network. The increasing oil rigs in the offshore regions need on time power for smooth operations, and high voltage marine cables allow the power to reach the offshore oil production facilities. However, safety issues related to overhead accessories and cables is restraining the market for high voltage cables and accessories.
The high voltage cables and accessories market is segmented on the basis of type, products, voltage ratings, and region. Based on the segment by type, the market is further classified as overhead, underground, and submarine. Underground segment holds the largest market share due to the increasing urbanization projects and advantages of being less susceptible to damage and reduced danger. On the basis of products, the high voltage cables and accessories market is segmented as conductors, fittings & fixtures, XLPE cables, MI cables, cable joints, cable terminations and others. Among these, conductors dominate the overhead high voltage cables & accessories market, as they have high tensile strength to withstand mechanical stresses.
High voltage cable and accessories market is expected to have a huge number of advancements over the forecast period due to continuous developments in end-use industries coupled. The market is also expected to have high expansion activities by multinationals and well-established companies.
The global high voltage cables and accessories market is expected to expand at ~6.27% CAGR during the forecast period.
Global High Voltage Cables And Accessories Market
The global market for high voltage cables and accessories market is anticipated to grow at high rate owing to increased demand from the power sector. Asia Pacific is expected to have the largest market share due to growing power sector in emerging economies such as China, South Korea, and India. Moreover, the region has had an increment in the number of projects in terms of smart grids, power generation, industrialization, urbanization, and power transmission and distribution infrastructure. For an instance, South Korea, one of the fastest emerging nation, has plans for a completely integrated smart grid by 2030. Also, Hitachi, one of the leading players in transmission and distribution network provider, has contributed to create China’s transmission and distribution network through ultra-high voltage network and the gas insulated switchgear to prevent the damage caused to network due to load imbalance.
Key Players
The major players operating in the global high voltage cables and accessories market are Siemens AG (Germany), Hitachi Ltd. (Japan), General Electric (U.S.) NKT Holdings A/S (Denmark), Nexans S.A. (France), and Prysmian Group (Italy). Finolex Cables Ltd (India), RPG Cables (India), Cable Corporation of India Ltd. (India), Brugg Kabel AG (Switzerland) and Synergy Cables Ltd. (Israel) are among others.
Table of content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining power of buyers
3.1.3 Bargaining power of suppliers
3.1.4 Threat of substitutes
3.1.5 Segment rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global High Voltage Cables and Accessories Market, By Type
5.1 Introduction
5.2 Overhead
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast by Region, 2018-2023
5.3 Underground
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast by Region, 2018-2023
5.4 Submarine
5.4.1 Market Estimates & Forecast, 2018-2023
5.4.2 Market Estimates & Forecast by Region, 2018-2023
6 Global High Voltage Cables and Accessories Market, By Product
6.1 Introduction
6.2 ConductorsOverhead
6.2.1 Market Estimates & Forecast, 2018-2023
6.2.2 Market Estimates & Forecast by Region, 2018-2023
6.2.3 Conductors
6.2.4 Fittings & Fixtures
6.2.5 Others
6.3 Fittings & Fixtures Underground & Submarine
6.3.1 Market Estimates & Forecast, 2018-2023
6.3.2 Market Estimates & Forecast by Region, 2018-2023
6.3.3 XLPE Cables
6.3.4 MI cables
6.3.5 Cable joints
6.3.6 Cable Termination
6.3.7 Others
6.4 XLPE Cables
6.4.1 Market Estimates & Forecast, 2018-2023
6.4.2 Market Estimates & Forecast by Region, 2018-2023
6.5 MI cables
6.5.1 Market Estimates & Forecast, 2018-2023
6.5.2 Market Estimates & Forecast by Region, 2018-2023
6.6 Cable joints
6.6.1 Market Estimates & Forecast, 2018-2023
6.6.2 Market Estimates & Forecast by Region, 2018-2023
6.7 Cable Termination
6.7.1 Market Estimates & Forecast, 2018-2023
6.7.2 Market Estimates & Forecast by Region, 2018-2023
6.8 Others
6.8.1 Market Estimates & Forecast, 2018-2023
6.8.2 Market Estimates & Forecast by Region, 2018-2023
7 Global High Voltage Cables and Accessories Market, By Voltage Rating
7.1 Introduction
7.2 up to 100 kV
7.2.1 Market Estimates & Forecast, 2018-2023
7.2.2 Market Estimates & Forecast by Region, 2018-2023
7.3 101 kV – 230 kV
7.3.1 Market Estimates & Forecast, 2018-2023
7.3.2 Market Estimates & Forecast by Region, 2018-2023
7.4 230 kV – 400 kV
7.4.1 Market Estimates & Forecast, 2018-2023
7.4.2 Market Estimates & Forecast by Region, 2018-2023
7.5 above 400 kV
7.5.1 Market Estimates & Forecast, 2018-2023
7.5.2 Market Estimates & Forecast by Region, 2018-2023
8 Global High Voltage Cables and Accessories Market, By Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2018-2023
8.2.2 Market Estimates & Forecast by Type, 2018-2023
8.2.3 Market Estimates & Forecast by Product, 2018-2023
8.2.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.2.5 U.S.
8.2.5.1 Market Estimates & Forecast, 2018-2023
8.2.5.2 Market Estimates & Forecast by Type, 2018-2023
8.2.5.3 Market Estimates & Forecast by Product, 2018-2023
8.2.5.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.2.6 Canada
8.2.6.1 Market Estimates & Forecast, 2018-2023
8.2.6.2 Market Estimates & Forecast by Type, 2018-2023
8.2.6.3 Market Estimates & Forecast by Product, 2018-2023
8.2.6.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.3 Europe
8.3.1 Market Estimates & Forecast, 2018-2023
8.3.2 Market Estimates & Forecast by Type, 2018-2023
8.3.3 Market Estimates & Forecast by Product, 2018-2023
8.3.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.3.5 U.K.
8.3.5.1 Market Estimates & Forecast, 2018-2023
8.3.5.2 Market Estimates & Forecast by Type, 2018-2023
8.3.5.3 Market Estimates & Forecast by Product, 2018-2023
8.3.5.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.3.6 Germany
8.3.6.1 Market Estimates & Forecast, 2018-2023
8.3.6.2 Market Estimates & Forecast by Type, 2018-2023
8.3.6.3 Market Estimates & Forecast by Product, 2018-2023
8.3.6.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.3.7 France
8.3.7.1 Market Estimates & Forecast, 2018-2023
8.3.7.2 Market Estimates & Forecast by Type, 2018-2023
8.3.7.3 Market Estimates & Forecast by Product, 2018-2023
8.3.7.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.3.8 Italy
8.3.8.1 Market Estimates & Forecast, 2018-2023
8.3.8.2 Market Estimates & Forecast by Type, 2018-2023
8.3.8.3 Market Estimates & Forecast by Product, 2018-2023
8.3.8.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.3.9 Rest of Europe
8.3.9.1 Market Estimates & Forecast, 2018-2023
8.3.9.2 Market Estimates & Forecast by Type, 2018-2023
8.3.9.3 Market Estimates & Forecast by Product, 2018-2023
8.3.9.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.4 Asia Pacific
8.4.1 Market Estimates & Forecast, 2018-2023
8.4.2 Market Estimates & Forecast by Type, 2018-2023
8.4.3 Market Estimates & Forecast by Product, 2018-2023
8.4.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.4.5 China
8.4.5.1 Market Estimates & Forecast, 2018-2023
8.4.5.2 Market Estimates & Forecast by Type, 2018-2023
8.4.5.3 Market Estimates & Forecast by Product, 2018-2023
8.4.5.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.4.6 Japan
8.4.6.1 Market Estimates & Forecast, 2018-2023
8.4.6.2 Market Estimates & Forecast by Type, 2018-2023
8.4.6.3 Market Estimates & Forecast by Product, 2018-2023
8.4.6.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.4.7 India
8.4.7.1 Market Estimates & Forecast, 2018-2023
8.4.7.2 Market Estimates & Forecast by Type, 2018-2023
8.4.7.3 Market Estimates & Forecast by Product, 2018-2023
8.4.7.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.4.8 Rest of Asia Pacific
8.4.8.1 Market Estimates & Forecast, 2018-2023
8.4.8.2 Market Estimates & Forecast by Type, 2018-2023
8.4.8.3 Market Estimates & Forecast by Product, 2018-2023
8.4.8.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
8.5 Rest of the World
8.5.1 Market Estimates & Forecast, 2018-2023
8.5.2 Market Estimates & Forecast by Type, 2018-2023
8.5.3 Market Estimates & Forecast by Product, 2018-2023
8.5.4 Market Estimates & Forecast by Voltage Rating, 2018-2023
9 Competitive Landscape
10 Company Profile
10.1 Siemens AG (Germany)
10.1.1 Company Overview
10.1.2 Product/Services Offering
10.1.3 Financial Overview
10.1.4 Key Developments
10.1.5 Strategy
10.1.6 SWOT Analysis
10.2 Hitachi Co. Ltd. (Japan)
10.2.1 Company Overview
10.2.2 Product /Services Offering
10.2.3 Financial Overview
10.2.4 Key Developments
10.2.5 Strategy
10.2.6 SWOT Analysis
10.3 GE (U.S.)
10.3.1 Company Overview
10.3.2 Product /Services Offering
10.3.3 Financial Overview
10.3.4 Key Developments
10.3.5 Strategy
10.3.6 SWOT Analysis
10.4 NKT cables Group (Germany)
10.4.1 Company Overview
10.4.2 Product /Services Offering
10.4.3 Financial Overview
10.4.4 Key Developments
10.4.5 Strategy
10.4.6 SWOT Analysis
10.5 Nexans (France)
10.5.1 Company Overview
10.5.2 Product /Services Offering
10.5.3 Financial Overview
10.5.4 Key Developments
10.5.5 Strategy
10.5.6 SWOT Analysis
10.6 Prysmian Group (Italy)
10.6.1 Company Overview
10.6.2 Product /Services Offering
10.6.3 Financial Overview
10.6.4 Key Developments
10.6.5 Strategy
10.6.6 SWOT Analysis
10.7 Finolex Cables Ltd. (India)
10.7.1 Company Overview
10.7.2 Product /Services Offering
10.7.3 Financial Overview
10.7.4 Key Developments
10.7.5 Strategy
10.7.6 SWOT Analysis
10.8 ABB Group (Switzerland)
10.8.1 Company Overview
10.8.2 Product /Services Offering
10.8.3 Financial Overview
10.8.4 Key Developments
10.8.5 Strategy
10.8.6 SWOT Analysis
10.9 RPG Cables (India)
10.9.1 Company Overview
10.9.2 Product /Services Offering
10.9.3 Financial Overview
10.9.4 Key Developments
10.9.5 Strategy
10.9.6 SWOT Analysis
10.10 Cable Corporation of India Ltd. (India)
10.10.1 Company Overview
10.10.2 Product /Services Offering
10.10.3 Financial Overview
10.10.4 Key Developments
10.10.5 Strategy
10.10.6 SWOT Analysis
10.11 Brugg Kabel AG (Switzerland)
10.11.1 Company Overview
10.11.2 Product /Services Offering
10.11.3 Financial Overview
10.11.4 Key Developments
10.11.5 Strategy
10.11.6 SWOT Analysis
10.12 Synergy Cables Ltd. (Israel)
10.12.1 Company Overview
10.12.2 Product /Services Offering
10.12.3 Financial Overview
10.12.4 Key Developments
10.12.5 Strategy
10.12.6 SWOT Analysis
List of Tables
Table 1 Global High Voltage Cables and Accessories Market: By Region, 2018-2023
Table 2 North America High Voltage Cables and Accessories Market: By Country, 2018-2023
Table 3 Europe High Voltage Cables and Accessories Market: By Country, 2018-2023
Table 4 Asia Pacific High Voltage Cables and Accessories Market: By Country, 2018-2023
Table 5 RoW High Voltage Cables and Accessories Market: By Country, 2018-2023
Table 6 Global High Voltage Cables and Accessories Market by Type Market: By Regions, 2018-2023
Table 7 North America High Voltage Cables and Accessories Market by Type: By Country, 2018-2023
Table 8 Europe High Voltage Cables and Accessories Market by Type: By Country, 2018-2023
Table 9 Asia Pacific High Voltage Cables and Accessories Market by Type: By Country, 2018-2023
Table 10 RoW High Voltage Cables and Accessories Market by Type: By Country, 2018-2023
Table 11 Global High Voltage Cables and Accessories Market, by Product, By Regions, 2018-2023
Table 12 North America High Voltage Cables and Accessories Market, by Product, By Country, 2018-2023
Table 13 Europe High Voltage Cables and Accessories Market, by Product, By Country, 2018-2023
Table 14 Asia Pacific High Voltage Cables and Accessories Market, by Product, By Country, 2018-2023
Table 15 RoW High Voltage Cables and Accessories Market, by Product, By Country, 2018-2023
Table 16 Global High Voltage Cables and Accessories Market, by Voltage Rating, By Regions, 2018-2023
Table 17 North America High Voltage Cables and Accessories Market, by Voltage Rating, By Country, 2018-2023
Table 18 Europe High Voltage Cables and Accessories Market, by Voltage Rating, By Country, 2018-2023
Table 19 Asia Pacific High Voltage Cables and Accessories Market, by Voltage Rating, By Country, 2018-2023
Table 20 RoW High Voltage Cables and Accessories Market, by Voltage Rating, By Country, 2018-2023
Table 21 Global High Voltage Cables and Accessories Market: By Region, 2018-2023
Table 22 Global High Voltage Cables and Accessories Market: By Region, 2018-2023
Table 23 Global High Voltage Cables and Accessories Market: By Region, 2018-2023
Table 24 North America High Voltage Cables and Accessories Market, By Country
Table 25 North America High Voltage Cables and Accessories Market, by Type
Table 26 North America High Voltage Cables and Accessories Market, By Product
Table 27 North America High Voltage Cables and Accessories Market, By Voltage Rating
Table 28 Europe: High Voltage Cables and Accessories Market, By Country
Table 29 Europe: High Voltage Cables and Accessories Market, by Type
Table 30 Europe: High Voltage Cables and Accessories Market, By Product
Table 31 Europe: High Voltage Cables and Accessories Market, By Voltage Rating
Table 32 Europe: High Voltage Cables and Accessories Market, By Voltage Rating
Table 33 Asia Pacific: High Voltage Cables and Accessories Market, By Country
Table 34 Asia Pacific: High Voltage Cables and Accessories Market, by Type
Table 35 Asia Pacific: High Voltage Cables and Accessories Market, By Product
Table 36 Asia Pacific: High Voltage Cables and Accessories Market, By Voltage Rating
Table 37 RoW: High Voltage Cables and Accessories Market, By Region
Table 38 RoW High Voltage Cables and Accessories Market, by Type
Table 39 RoW High Voltage Cables and Accessories Market, By Product
Table 40 RoW High Voltage Cables and Accessories Market, By Voltage Rating
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL HIGH VOLTAGE CABLES AND ACCESSORIES MARKETSHARE, BY END-USE, 2016 (%)
FIGURE 9 GLOBAL HIGH VOLTAGE CABLES AND ACCESSORIES MARKET, BY END-USE, 2015-2023 (USD MILLION)
FIGURE 10 GLOBAL HIGH VOLTAGE CABLES AND ACCESSORIES MARKETSHARE, BY PRODUCT, 2016 (%)
FIGURE 11 GLOBAL HIGH VOLTAGE CABLES AND ACCESSORIES MARKET, BY PRODUCT, 2015-2023 (USD MILLION)
FIGURE 12 GLOBAL HIGH VOLTAGE CABLES AND ACCESSORIES MARKET SHARE (%), BY REGION, 2016
FIGURE 13 GLOBAL HIGH VOLTAGE CABLES AND ACCESSORIES MARKET, BY REGION, 2015-2023 (USD MILLION)
FIGURE 14 NORTH AMERICA HIGH VOLTAGE CABLES AND ACCESSORIES MARKETSHARE (%), 2016
FIGURE 15 NORTH AMERICA HIGH VOLTAGE CABLES AND ACCESSORIES MARKETBY COUNTRY, 2015-2023 (USD MILLION)
FIGURE 16 EUROPE HIGH VOLTAGE CABLES AND ACCESSORIES MARKETSHARE (%), 2016
FIGURE 17 EUROPE HIGH VOLTAGE CABLES AND ACCESSORIES MARKETBY COUNTRY, 2015-2023 (USD MILLION)
FIGURE 18 ASIA PACIFIC HIGH VOLTAGE CABLES AND ACCESSORIES MARKETSHARE (%), 2016
FIGURE 19 ASIA PACIFIC HIGH VOLTAGE CABLES AND ACCESSORIES MARKETBY COUNTRY, 2015-2023 (USD MILLION)
FIGURE 20 REST OF THE WORLD HIGH VOLTAGE CABLES AND ACCESSORIES MARKETSHARE (%), 2016
FIGURE 21 REST OF THE WORLD HIGH VOLTAGE CABLES AND ACCESSORIES MARKETBY COUNTRY, 2015-2023 (USD MILLION)
