World High Voltage Cable Market- Opportunities and Forecasts, 2015 - 2022

  • ID: 3843642
  • Report
  • Region: Global
  • 159 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • ABB
  • Nexans
  • NKT Cables
  • Prysmian Group
  • Siemens AG
  • Southwire Company, LLC
  • MORE
High Voltage cable (HVC) is used for electric power transmission at high voltage over long distances to meet the electricity demand at the respective loads. The market is expected to witness a notable growth during the forecast period. This is due to the advantages such as presence of additional insulation jacket that minimizes power loss, and enhanced stability in comparison to other cables. HVCs are widely used in overhead lines, underground cables, and submarine cables.

The market is largely driven by the industrialization and urbanization in developing countries such as China, Japan and India. Moreover, increased number of renewable energy projects such as wind and solar power plants have supplemented the growth of HVC market. However, volatile prices of metals such copper and aluminum adversely impact the market growth. Moreover, growing investments in smart grid technology and increasing number of offshore power projects in developing countries are expected to create numerous opportunities for the growth of HVC market in the years to come.

The leading players in the market have introduced new products to increase their product portfolio and customer base. For instance, in 2016, Prysmian Group has started a new project for submarine power cable links in the Venetian Lagoon, Italy. This project would strengthen the high-voltage power transmission grid market in the Venetian Lagoon. Further, in 2014, ABB introduced extruded HVDC cable systems with double transmission capacity at 525 kV level. The company has targeted large renewable installations that need bulk power to be transmitted over long distances with minimal transmission loss.

The HVC market is segmented on the basis of type, end user and geography. Based on type, the market is divided into overhead, underground, and submarine. At present, underground cables hold a significant share, owing to growing energy demand in industries such as oil & gas, mining, power utilities, and chemicals among others. On the basis of end user, the market is bifurcated into industrial (oil & gas, mining, power utilities, chemical & petrochemical, and others), renewable (wind, hydropower, and others) and infrastructure (commercial and residential). Among the end user segment, industrial accounted for the maximum share in 2015.

On the basis of geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America is divided into U.S., Mexico, and Canada, whereas Europe is further segmented into Italy, Sweden, Germany, France, and rest of Europe. The countries covered under Asia-Pacific are China, India, Japan, South Korea, and rest of Asia-Pacific. LAMEA includes Latin America, Middle East, and Africa.

The major companies profiled in the report include Siemens AG, Prysmian Group, Nexans, Southwire Company, LLC, General Cable Technologies Corporation, Dubai Cable Company Private Limited, TELE-FONIKA Kable S.A., NKT Cables, ABB, and Sumitomo Electric Industries, Ltd.

POTENTIAL BENEFITS FOR STAKEHOLDERS
- Comprehensive analysis of the current trends and future estimations in the world HVC market is provided in the report.
- The report provides a competitive scenario of the market with current and future growth trends, structure, driving factors, scope, opportunities, and challenges.
- The report includes a detailed analysis of market segments to provide insights on the market dynamics.
- Porter’s Five Forces analysis highlights the potential of buyers and suppliers, provides insights on the competitive structure of the market to devise effective growth strategies, and facilitates better decision-making.
- Value chain analysis provides key inputs on the role of stakeholders involved at various stages.
- SWOT analysis of the key players highlights their strengths and weaknesses along with potential opportunities in the market.

MARKET SEGMENTATION
The market is segmented on the basis of type, end user, and geography.

BY TYPE
- Overhead
- Underground
- Submarine

BY END USER

- Industrial
 Oil & Gas
 Mining
 Power Utilities
 Chemical & Petrochemical
 Others (Paper & Pulp, Manufacturing, Wastewater Treatment, and Cement Industry)

- Renewable Energy
 Wind
 Hydropower
 Others (Tidal, Solar, and Geothermal)

- Infrastructure
 Commercial
 Residential

BY GEOGRAPHY

- North America
 U.S.
 Mexico
 Canada

- Europe
 Italy
 Germany
 Sweden
 France
 Rest of Europe

- Asia-Pacific
 China
 India
 Japan
 South Korea
 Rest of Asia-Pacific

- LAMEA
 Latin America
 Middle East
 Africa

Key players
- Prysmian Group
- Nexans
- Southwire Company, LLC
- General Cable Technologies Corporation
- Dubai Cable Company Private Limited
- TELE-FONIKA Kable S.A.
- NKT Cables
- ABB
- Sumitomo Electric Industries, Ltd.
- Siemens AG
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Nexans
  • NKT Cables
  • Prysmian Group
  • Siemens AG
  • Southwire Company, LLC
  • MORE
Chapter 1 Introduction
1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools And Models

Chapter 2 Executive Summary
2.1 Cxo Perspective

Chapter 3 Market Overview
3.1 Market Definition And Scope
3.2 Key Findings
3.2.1 Top Impacting Factor
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets
3.3 Value Chain Analysis
3.4 Porter’s Five Forces Analysis
3.5 Market Share Analysis, 2015
3.6 Drivers
3.6.1 Increasing Number Of Renewable Energy Projects
3.6.2 Industrialization And Urbanization In Developing Countries
3.6.3 Increasing Number Of Infrastructure In Developing Countries
3.7 Restraints
3.7.1 Volatile Prices Of Metals Such Copper And Aluminum
3.8 Opportunities
3.8.1 Growing Investment In Smart Grid Technology
3.8.2 Expanding Offshore Power Projects In Developing Countries

Chapter 4 World High Voltage Cable Market, By Type
4.1 Introduction
4.2 Overhead
4.2.1 Key Market Trends
4.2.2 Key Drivers And Opportunities
4.2.3 Market Size And Forecast
4.3 Underground
4.3.1 Key Market Trends
4.3.2 Key Drivers And Opportunities
4.3.3 Market Size And Forecast
4.4 Submarine
4.4.1 Key Market Trends
4.4.2 Key Drivers And Opportunities
4.4.3 Market Size And Forecast

Chapter 5 World High Voltage Cable Market, By End User
5.1 Introduction
5.2 Industrial
5.2.1 Key Market Trends
5.2.2 Key Drivers And Opportunities
5.2.3 Market Size And Forecast
5.2.4 Power Utilities
5.2.4.1 Market Size And Forecast
5.2.5 Oil & Gas
5.2.5.1 Market Size And Forecast
5.2.6 Mining
5.2.6.1 Market Size And Forecast
5.2.7 Chemical & Petrochemical
5.2.7.1 Market Size And Forecast
5.2.8 Others (Paper & Pulp, Manufacturing, Wastewater Treatment And Cement Industry)
5.2.8.1 Market Size And Forecast
5.3 Renewable Energy
5.3.1 Key Market Trends
5.3.2 Key Drivers And Opportunities
5.3.3 Market Size And Forecast
5.3.4 Wind Energy
5.3.4.1 Market Size And Forecast
5.3.5 Hydropower
5.3.5.1 Market Size And Forecast
5.3.6 Others (Solar, Tidal And Geothermal)
5.3.6.1 Market Size And Forecast
5.4 Infrastructure
5.4.1 Key Market Trends
5.4.2 Key Drivers And Opportunities
5.4.3 Market Size And Forecast
5.4.4 Commercial
5.4.4.1 Market Size And Forecast
5.4.5 Residential
5.4.5.1 Market Size And Forecast

Chapter 6 World High Voltage Cable Market, By Geography
6.1 Introduction
6.2 North America
6.2.1 Key Market Trends
6.2.2 Market Size And Forecast
6.2.3 U.S.
6.2.4 Canada
6.2.5 Mexico
6.3 Europe
6.3.1 Key Market Trends
6.3.2 Market Size And Forecast
6.3.3 Germany
6.3.4 Italy
6.3.5 France
6.3.6 Sweden
6.3.7 Rest Of Europe
6.4 Asia-Pacific
6.4.1 Key Market Trends
6.4.2 Market Size And Forecast
6.4.3 China
6.4.4 Japan
6.4.5 India
6.4.6 South Korea
6.4.7 Rest Of Asia-Pacific
6.5 Lamea
6.5.1 Key Market Trends
6.5.2 Market Size And Forecast
6.5.3 Latin America
6.5.4 Middle East
6.5.5 Africa

Chapter 7 Company Profile
7.1 Abb
7.1.1 Company Overview
7.1.2 Company Snapshot
7.1.3 Operating Business Segments
7.1.4 Business Performance
7.1.5 Key Strategic Moves And Developments
7.1.6 Swot Analysis
7.2 Siemens Ag
7.2.1 Company Overview
7.2.2 Company Snapshot
7.2.3 Operating Business Segments
7.2.4 Business Performance
7.2.5 Key Strategic Moves And Developments
7.2.6 Swot Analysis
7.3 Tele-Fonika Kable S.A.
7.3.1 Company Overview
7.3.2 Company Snapshot
7.3.3 Operating Business Segments
7.3.4 Swot Analysis
7.4 Prysmian Group
7.4.1 Company Overview
7.4.2 Company Snapshot
7.4.3 Operating Business Segments
7.4.4 Business Performance
7.4.5 Key Strategic Moves And Developments
7.4.6 Swot Analysis
7.5 General Cable Technologies Corporation
7.5.1 Company Overview
7.5.2 Company Snapshot
7.5.3 Operating Business Segments
7.5.4 Business Performance
7.5.5 Key Strategic Moves And Developments
7.5.6 Swot Analysis
7.6 Dubai Cable Company Pvt. Ltd.
7.6.1 Company Overview
7.6.2 Operating Business Segments
7.6.3 Key Strategic Moves And Developments
7.6.4 Swot Analysis
7.7 Nkt Cables
7.7.1 Company Overview
7.7.2 Company Snapshot
7.7.3 Operating Business Segments
7.7.4 Business Performance
7.7.5 Key Strategic Moves And Developments
7.7.6 Swot Analysis
7.8 Nexans
7.8.1 Company Overview
7.8.2 Company Snapshot
7.8.3 Operating Business Segments
7.8.4 Business Performance
7.8.5 Key Strategic Moves And Developments
7.8.6 Swot Analysis
7.9 Southwire Company, Llc
7.9.1 Company Overview
7.9.2 Company Snapshot
7.9.3 Operating Business Segments
7.9.4 Key Strategic Moves And Developments
7.9.5 Swot Analysis
7.10 Sumitomo Electric Industries, Ltd.
7.10.1 Company Overview
7.10.2 Company Snapshot
7.10.3 Operating Business Segments
7.10.4 Business Performance
7.10.5 Key Strategic Moves And Developments
7.10.6 Swot Analysis

List Of Tables
Table 1 World High Voltage Cable Market, By Geography, 2014–2022 ($Million)
Table 2 World High Voltage Cable Market Revenue By Type, 2014-2022 ($Million)
Table 3 World Ovehead High Voltage Cable Market Revenue By Geography, 2014-2022 ($Million)
Table 4 World Underground High Voltage Cable Market Revenue By Geography, 2014-2022 ($Million)
Table 5 World Submarine High Voltage Cable Market Revenue By Geography, 2014-2022 ($Million)
Table 6 World High Voltage Cable Market Revenue By End User, 2014-2022 ($Million)
Table 7 World High Voltage End User Market Revenue By Industrial, 2014-2022 ($Million)
Table 8 World Power Utilities Market Revenue By Geography, 2014-2022 ($Million)
Table 9 World Oil & Gas Market Revenue By Geography, 2014-2022 ($Million)
Table 10 World Mining Market Revenue By Geography, 2014-2022 ($Million)
Table 11 World Chemical & Petrochemical Market Revenue By Geography, 2014-2022 ($Million)
Table 12 World Others (Paper & Pulp, Manufacturing, Wastewater Treatment And Cement Industry) Market Revenue By Geography, 2014-2022 ($Million)
Table 13 World High Voltage Cable End User Market By Renewable Energy, 2014-2022 ($Million)
Table 14 World Wind Energy Market Revenue By Geography, 2014-2022 ($Million)
Table 15 World Hydropower Market Revenue By Geography, 2014-2022 ($Million)
Table 16 World Others (Solar, Tidal And Geothermal) Market Revenue By Geography, 2014-2022 ($Million)
Table 17 World High Voltage End User Market Revenue By Infrastructure, 2014-2022 ($Million)
Table 18 World Commercial Market Revenue By Geography, 2014-2022 ($Million)
Table 19 World Residential Market Revenue By Geography, 2014-2022 ($Million)
Table 20 North America: High Voltage Cable Market By Type, 2015–2022 ($Million)
Table 21 Europe: High Voltage Cable Market By Type, 2015–2022 ($Million)
Table 22 Asia-Pacific: High Voltage Cable Market By Type, 2015–2022 ($Million)
Table 23 Lamea: High Voltage Cable Market By Type, 2015–2022 ($Million)
Table 24 Abb- Company Snapshot
Table 25 Abb- Operating Segments
Table 26 Siemens Ag - Company Snapshot
Table 27 Siemens Ag - Operating Segments
Table 28 Tele-Fonika Kable S.A- Company Snapshot
Table 29 Tele-Fonika Kable S.A- Operating Segments
Table 30 Prysmian Group - Company Snapshot
Table 31 Prysmian Group- Operating Segments
Table 32 General Cable Technologies Corporation - Company Snapshot
Table 33 General Cable Technologies Corporation- Operating Segments
Table 34 Dubai Cable Company Pvt. Ltd. - Company Snapshot
Table 35 Dubai Cable Company Pvt. Ltd. - Operating Segments
Table 36 Nkt Cables - Company Snapshot
Table 37 Nkt Cables- Operating Segments
Table 38 Nexans - Company Snapshot
Table 39 Nexans- Operating Segments
Table 40 Southwire Company, Llc - Company Snapshot
Table 41 Southwire Company, Llc- Operating Segments
Table 42 Sumitomo Electric Industries, Ltd - Company Snapshot
Table 43 Sumitomo Electric Industries, Ltd- Operating Segments

List Of Figures
Fig. 1 Top Impacting Factor
Fig. 2 Top Winning Strategies In The World High Voltage Cable Market (2013–2016)
Fig. 3 Top Winning Strategies (Percentage Comparison) (2013–2016)
Fig. 4 Top Investment Pockets
Fig. 5 Value Chain Analysis Of World High Voltage Cable (Hvc) Market
Fig. 6 Porter’S Five Forces Analysis
Fig. 7 Market Share Analysis, 2015
Fig. 8 Investment In Power Sector, ($Billion), 2010-2015
Fig. 9 World Electricity Production (Twh), 2009-2014
Fig. 10 Offshore Wind Farms Capacity (Mw), 2006-2015
Fig. 11 Offshore Wind Farms Under Construction, By Country
Fig. 12 Growth Stage Of Overhead, Underground And Submarine Cables
Fig. 13 World High Voltage Cable Market Share By Type, 2015 & 2022 (%Share)
Fig. 14 Comparitive Regional Market Share Analysis Of World Overhead High Voltage Cable Market, 2015 & 2022 (%)
Fig. 15 World Overhead High Voltage Cable Market Revenue By Geography, 2015-2022 ($Million)
Fig. 16 World Overhead High Voltage Cable Market Share Analysis By Geography, 2015-2022 (%)
Fig. 17 Comparitive Regional Market Share Analysis Of World Underground High Voltage Cable Market, 2015 & 2022 (%)
Fig. 18 World Underground High Voltage Cable Market Revenue By Geography, 2015-2022 ($Million)
Fig. 19 World Underground High Voltage Cable Market Share Analysis By Geography, 2015-2022 (%)
Fig. 20 Comparitive Regional Market Share Analysis Of World Submarine High Voltage Cable Market, 2015 & 2022 (%)
Fig. 21 World Submarine High Voltage Cable Market Revenue By Geography, 2015-2022 ($Million)
Fig. 22 World Submarine High Voltage Cable Market Share Analysis By Geography, 2015-2022 (%)
Fig. 23 World High Voltage Cable Market By End User, 2015 & 2022 (%Share)
Fig. 24 Comparitive Regional Market Share Analysis Of World Power Utilities Market, 2015 & 2022 (%)
Fig. 25 World Power Utilities Market Revenue By Geography, 2015-2022 ($Million)
Fig. 26 World Power Utilities Market Share Analysis By Geography, 2015-2022 (%)
Fig. 27 Comparitive Regional Market Share Analysis Of World Oil & Gas Market, 2015 & 2022 (%)
Fig. 28 World Oil & Gas Market Revenue By Geography, 2015-2022 ($Million)
Fig. 29 World Oil & Gas Market Share Analysis By Geography, 2015-2022 (%)
Fig. 30 Comparitive Regional Market Share Analysis Of World Mining Market, 2015 & 2022 (%)
Fig. 31 World Mining Market Revenue By Geography, 2015-2022 ($Million)
Fig. 32 World Mining Market Share Analysis By Geography, 2015-2022 (%)
Fig. 33 Comparitive Regional Market Share Analysis Of World Chemical & Petrochemical Market, 2015 & 2022 (%)
Fig. 34 World Chemical & Petrochemical Market Revenue By Geography, 2015-2022 ($Million)
Fig. 35 World Chemical & Petrochemical Cable Market Share Analysis By Geography, 2015-2022 (%)
Fig. 36 Comparitive Regional Market Share Analysis Of World Others (Paper & Pulp, Manufacturing, Wastewater Treatment And Cement Industry) Market, 2015 & 2022 (%)
Fig. 37 World Others (Paper & Pulp, Manufacturing, Wastewater Treatment And Cement Industry) Market Revenue By Geography, 2015-2022 ($Million)
Fig. 38 World Others (Paper & Pulp, Manufacturing, Wastewater Treatment And Cement Industry) Market Share Analysis By Geography, 2015-2022 (%)
Fig. 39 Comparitive Regional Market Share Analysis Of World Wind Energy Market, 2015 & 2022 (%)
Fig. 40 World Wind Energy Market Revenue By Geography, 2015-2022 ($Million)
Fig. 41 World Wind Energy Market Share Analysis By Geography, 2015-2022 (%)
Fig. 42 Comparitive Regional Market Share Analysis Of World Hydropower Market, 2015 & 2022 (%)
Fig. 43 World Hydropower Market Revenue By Geography, 2015-2022 ($Million)
Fig. 44 World Hydropower Market Share Analysis By Geography, 2015-2022 (%)
Fig. 45 Comparitive Regional Market Share Analysis Of World Others (Solar, Tidal And Geothermal) Market, 2015 & 2022 (%)
Fig. 46 World Others (Solar, Tidal And Geothermal) Market Revenue By Geography, 2015-2022 ($Million)
Fig. 47 World Others (Solar, Tidal And Geothermal) Cable Market Share Analysis By Geography, 2015-2022 (%)
Fig. 48 Comparitive Regional Market Share Analysis Of World Commercial Market, 2015 & 2022 (%)
Fig. 49 World Commercial Market Revenue By Geography, 2015-2022 ($Million)
Fig. 50 World Commercial Market Share Analysis By Geography, 2015-2022 (%)
Fig. 51 Comparitive Regional Market Share Analysis Of World Residential Market, 2015 & 2022 (%)
Fig. 52 World Residential Market Revenue By Geography, 2015-2022 ($Million)
Fig. 53 World Residential Market Share Analysis By Geography, 2015-2022 (%)
Fig. 54 World High Voltage Cable Market Share By Geography, 2015 & 2022 (% Share)
Fig. 55 North America: High Voltage Cable Market Share, By Country, 2015 (%)
Fig. 56 North America High Voltage Cable Market Share By Type, 2015 & 2022 (% Share)
Fig. 57 U.S. High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 58 Canada High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 59 Mexico High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 60 Europe: High Voltage Cable Market Share, By Country, 2015(%)
Fig. 61 Europe High Voltage Cable Market Share By Type, 2015 & 2022 (% Share)
Fig. 62 Germany High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 63 Italy High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 64 France High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 65 Sweden High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 66 Rest Of Europe High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 67 Asia-Pacific: High Voltage Cable Market Share, By Country, 2015(%)
Fig. 68 Asia-Pacific High Voltage Cable Market Share By Type, 2015 & 2022 (% Share)
Fig. 69 China High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 70 Japan High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 71 India High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 72 South Korea High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 73 Rest Of Asia-Pacific High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 74 Lamea: High Voltage Cable Market Share, By Country, 2015(%)
Fig. 75 Lamea High Voltage Cable Market Share By Type, 2015 & 2022 (% Share)
Fig. 76 Latin America High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 77 Middle East High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 78 Africa High Voltage Cable Market Revenue, 2015-2022 ($Million)
Fig. 79 Abb Revenue Generated, 2013–2015 ($Million)
Fig. 80 Abb: Revenueby Business Segments, 2015 (%)
Fig. 81 Abb: Revenue By Geography, 2015 (%)
Fig. 82 Abb-Swot Analysis
Fig. 83 Siemens Ag Revenue Generated, 2013–2015 ($Million)
Fig. 84 Siemens Ag: Revenueby Business Segments, 2015 (%)
Fig. 85 Siemens Ag: Revenue By Geography, 2015 (%)
Fig. 86 Siemens Ag-Swot Analysis
Fig. 87 Tele-Fonika Kable S.A-Swot Analysis
Fig. 88 Prysmian Group: Revenue Generated, 2013–2015 ($Million)
Fig. 89 Prysmian Group: Revenue By Business Segments, 2015 (%)
Fig. 90 Prysmian Group: Revenue By Geography, 2015 (%)
Fig. 91 Prysmian Grsoup-Swot Analysis
Fig. 92 General Cables Technologies Corporationrevenue Generated, 2013–2015 ($Million)
Fig. 93 General Cables Technologies Corporation: Revenueby Business Segments, 2015 (%)
Fig. 94 General Cables Technologies Corporation: Revenue By Geography, 2015 (%)
Fig. 95 General Cables Corporation-Swot Analysis
Fig. 96 Dubai Cable Company Pvt. Ltd. -Swot Analysis
Fig. 97 Nkt Cables Revenue Generated, 2013–2015 ($Million)
Fig. 98 Nkt Cables-Swot Analysis
Fig. 99 Nexans Revenue Generated, 2013–2015 ($Million)
Fig. 100 Nexans: Revenue By Business Segments, 2015 (%)
Fig. 101 Nexans: Revenue By Geography, 2015 (%)
Fig. 102 Nexans-Swot Analysis
Fig. 103 Southwire Company, Llc-Swot Analysis
Fig. 104 Sumitomo Electric Industriesrevenue Generated, 2013–2015 ($Million)
Fig. 105 Sumitomo Electric Industries, Ltd: Revenueby Business Segments, 2015 (%)
Fig. 106 Sumitomo Electric Industries, Ltd: Revenue By Geography, 2015 (%)
Fig. 107 Sumitomo Electric Industries, Ltd-Swot Analysis
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FEATURED COMPANIES

  • ABB
  • Nexans
  • NKT Cables
  • Prysmian Group
  • Siemens AG
  • Southwire Company, LLC
  • MORE
According to a new report titled, "High Voltage Cable Market - Global Opportunity Analysis and Industry Forecast, 2015 - 2022", projects that the global high voltage cable (HVC) market is expected togarner $47.1 billion by 2022, growing at a CAGR of 6.7% from 2016 to 2022.

HVCs operate at a voltage greater than 66KV, and are used for electric power transmission and distribution over long distance with minimum power loss. The HVC market is largely driven by increase in investments in renewable energy projects and growth in urbanization, industrialization, and infrastructure in developing countries such as India, China, and Brazil.

HVCs are segmented into three types, which include overhead, underground, and submarine. The underground HVC segment holds a significant revenue share in the globalHVC market, owing to the applications of these cables in various industries such as power utilities, mining, paper & pulp, and cement industry among others. However, submarine cables are expected to witness the fastest growth during the forecast period, with a CAGR over 8%. The growth would be driven by their applications in offshore power projects and oil & gas industry and their various competitive advantages over other cables such as presence of extra shield, armour, and protection & bedding.

Among the end user segment, industrial segment held the highest revenue share in 2015, owing to growing energy demand in industries such as oil & gas, mining, power utilities, and chemicals among others. Renewable energy segment also contributed a significant revenue share of over 36% in the overall market in 2015. However, infrastructure segment is expected to witness the fastest growth during the forecast period due to increase in urbanization in developing countries such as China and India.

Asia-Pacific is the largest revenue-generating region in this market, followed by Europe and North America. Among the countries of Asia-Pacific, China is the largest market with nearly 60% revenue share of the overall Asia-Pacific market due to its strong layout of transmission plans. Furthermore, the market in Asia-Pacific is anticipated to exhibit a notable growth, registering a CAGR of over 7% during the forecast period.

Key Findings of High Voltage Cable Market
Underground cables would lead the market throughout the analysis period, with over 50% revenue share during 2014 - 2022.
Segment of submarine cables is expected to grow at the highest CAGR during forecast period.
In 2015, industrial segment contributed the highest revenue share, accounting for around 52% of the overall market revenue.
Infrastructure segment is expected to register the highest CAGR during the forecast period.
Asia-Pacific held the largest market share of about 42% of the total market value in 2015 and is projected to grow at the fastest rate during the forecast period.
Key players in the market have heavily invested in R&D activities to develop high-quality and affordable HVCs to cater to the growing energy demands in various industries such as oil & gas, mining, and power utilities among others. Further, the market is concentrated, as top five leading players, namely ABB, Prysmin Group, General Cables Technologies Corporation, NKT Cables, and Nexans occupy around 60% of the overall market revenue. The key strategies adopted by these leading players are product launch, expansion, acquisition, partnership, and agreement; to strengthen their market position and expand their geographical presence.
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- Prysmian Group
- Nexans
- Southwire Company, LLC
- General Cable Technologies Corporation
- Dubai Cable Company Private Limited
- TELE-FONIKA Kable S.A.
- NKT Cables
- ABB
- Sumitomo Electric Industries, Ltd.
- Siemens AG
Note: Product cover images may vary from those shown
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