1. Market Research
  2. > Manufacturing
  3. > Electrical Equipment Market Trends
High Voltage Cables & Accessories Market by Installation, Products, Voltage & Region - Forecast to 2022

High Voltage Cables & Accessories Market: Forecast until 2022

  • September 2017
  • 237 pages
  • ID: 5123123
In this report:
According to the International Renewable Energy Agency (IRENA), in 2015, approximately ##.## GW of power generation capacity was added worldwide, of which ## GW was through renewable sources, which was ##.##% of the total power generation capacity added in 2015.
NKT Cables received a contract worth USD ## million (EUR ## million) from DONG Energy to deliver ## kilometers of a ## kV high voltage AC submarine export cable system for the Hornsea Project One offshore wind farm.

Summary

Table of Contents

Search Inside

The overall high voltage cables and accessories market is estimated to rise at a compound annual growth rate of ~6.0 percent, between 2017 and 2022

The high voltage cables and accessories market is forecasted to grow from an estimated value of ~$30.5B in 2017 to ~$40.9B by 2022, at a compound annual growth rate of ~6.0 percent, between 2017 and 2022. The growing focus on grid interconnections, rise of offshore wind farms, and need for efficient transmission systems have boosted the market demand for the high voltage cables and accessories market.

Additionally, continuous rise in power generation capacity and adoption of smart grid technology would further aid the increase of this market. Regulatory, environmental, and complex authorization procedures leading to delays and volatile prices of raw materials would act as a restraint for the increase ot the high voltage cables and accessories market.

The XLPE segment is forecasted to dominate the underground high voltage cables and accessories market between 2017 and 2022

The XLPE cable was the biggest segment in the underground cable systems market in 2016. XLPE cables are most commonly used in underground systems. The cable technology gained a significant advancement and, therefore, are preferred over the fluid filled cable technology. Rise in power generation and the increase in the transmission sector account for the high market share of the XLPE cables segment in the underground high voltage cables and accessories market.

The 400 kV and above segment is anticipated to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022

The 400 kV and above segment is anticipated to the quickest increasing segment in the high voltage cables and accessories market, between 2017 and 2022. The liking of grids and transmission infrastructure between territories have also resulted in the 400 kV and above segment accounting for the biggest market share. These cables find application in transmission and distribution, grid interconnection, and other energy markets.

Middle East (ME) & African continent: The quickest increasing sector for high voltage cables & accessories

The Middle East (ME) and African continent is the fastest growing area in the overall high voltage cables and accessories market. This increase and growing demand for high voltage cables and accessories is attributed by the investments in T&D, led by increasing infrastructure developments and emerging wind energy generation activities, with a focus on generating electricity domestically.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects.

The classification of primaries interviews is like:

- By Company Type: Tier 1 60.0 percent, Tier 2 27.0 percent, Tier 3 13.0 percent

- By Designation: C-Level- 50.0 percent, Manager Level- 30.0 percent, Others- 20.0 percent

- By area: Asia Pacific - 30.0 percent, Europe- 25.0 percent, North america (NA) - 23.0 percent, Middle East & Africa - 13.0 percent, Latin America - 9.0 percent

Notes: Others includes engineers, power article writers, and research scholars.

Tier n1 Company: Revenue >5 billion, Tier 2 Company: Revenue between 1 billion and 5 billion, and Tier 3 Company: Revenue <1 billion

The main players in the high voltage cables and accessories market are Prysmian S.p.A., Sumitomo Electric Sectors, Limited, Nexans S.A., NKT Cables Group A/S, and General Cable Corporation among others.

Segment Research

The market research defines, depicts, and forecasts the overall high voltage cables and accessories market by installation, by product class, by voltage range, and by area. It also provides a in-depth qualitative and quantitative analysis of the market. The industry report offers a comprehensive review of the main market drivers, industry restraints, possibilities, and opportunities. It also includes different important aspects of the market.

Why acquire this industry report?

1. The study determines and addresses main markets for high voltage cables and accessories, which would help providers review the rise in the industry demand for the product.

2. The analysis benefits solution providers distinguish the pulse of the sector and offer business insights into drivers, market restraints, alternatives, and opportunities.

3. The market research will facilitate top players comprehend the strategies of their competitors better and will facilitate in making tactical conclusions

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Electric Submersible Cables Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Electric Submersible Cables Industry: Forecasts to 2026

  • $ 5795
  • Industry report
  • April 2018
  • by Transparency Market Research

Electric Submersible Cables Market – OverviewElectric submersible cables are used to provide power from surface power sources to the downhole electrical submersible pumps.These pumps are mainly used ...

Electrical Cable in the US - Procurement Research Report

Electrical Cable in the US - Procurement Research Report

  • $ 1645
  • Industry report
  • May 2018
  • by Ibisworld

AbstractElectrical Cable Procurement in the USThis report is intended to assist buyers of electrical cable, which are multi-conductor cables used to deliver energy, data and communication services fo ...

Electrical Wire in the US - Procurement Research Report

Electrical Wire in the US - Procurement Research Report

  • $ 1645
  • Industry report
  • June 2018
  • by Ibisworld

AbstractElectrical Wire Procurement in the USThis report is intended to assist buyers of electrical wire. Electrical wiring, also referred to as building wiring, is used to provide power to buildings and ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on