High Voltage Cables Market - Forecast to Reach $48 Billion by 2023 - Research and Markets
The "High
Voltage Cables - Global Market Outlook (2017-2023)" report has
been added to Research and Markets' offering.
The Global High Voltage Cables Market accounted for $28.0 billion in
2016 and expected to grow at a CAGR of 8.0% to reach $48.1 billion by
2023. The market is driven by growth of offshore wind farms, projects
for grid interconnections, rise in the use of renewable, and need for
efficient transmission systems. On the other hand, delays faced in the
implementation of power projects and regulatory environment & funding
are inhibiting the market growth.
Underground cables are growing significantly owing to their advantages
like longer life and lower operating costs. Submarine cables are
anticipated to witness the fastest growth during the forecast period,
because of various applications in offshore power projects and oil & gas
industry. With regards to the end user segment, industrial segment held
the highest revenue share, owing to growing energy demand in industries
such as oil & gas, mining, power utilities, and chemicals.
Infrastructure segment is expected to witness the highest CAGR during
the forecast period due to increase in urbanization in developing
countries. Asia Pacific held the largest market share, followed by
Europe and North America due to its strong layout of transmission plans.
For instance, government in china is investing in creating
infrastructure for renewable energy sources.
Products Covered:
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Overhead Products
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Fixtures
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Fitting
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Conductors
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Submarine & Underground Products
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Cable Joints
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Cable Terminations
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MI Cables
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XLPE Cables
End Users Covered:
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Renewable Energy
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Hydropower
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Wind
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Other Energy
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Infrastructure
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Residential Sector
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Commercial Sector
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Industrial
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Chemical & Petrochemical
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Mining
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Power Utilities
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Oil & Gas
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Other Industrial Users
Type of Currents Covered:
Companies Mentioned
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Sumitomo Electric Industries, Ltd.
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Encore Wire Corporation
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Brugg Kabel AG
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Siemens Ag
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Tele-Fonika Kable S.A.
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Dubai Cable Company Pvt. Ltd.
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Kerite
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General Cable Corporation
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Finolex
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Cable C
Key Topics Covered:
1. Executive Summary
2. Preface
3. Market Trend Analysis
4. Porters Five Force Analysis
5. Global High Voltage Cables Market, By Product
6. Global High Voltage Cables Market, By End User
7. Global High Voltage Cables Market, By Type of Current
8. Global High Voltage Cables Market, By Geography
9. Key Developments
10. Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/xpvg8l/high_voltage
View source version on businesswire.com: http://www.businesswire.com/news/home/20171229005128/en/
Copyright Business Wire 2017
Source: Business Wire
(December 29, 2017 - 6:27 AM EST)
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