Quick Summary:
In the rapidly evolving energy sector, strategic forward planning has never been more crucial. The global High Voltage Cables and Accessories market, a critical component of this sector, is undergoing significant transformation, with a potential growth to reach a staggering $65.5 Billion by 2030 from $44.8 Billion in 2022. Understanding the intricate dynamics of this profitable market and its key players, like Baosheng High Voltage Cable Co. or Prysmian Group, is essential for any senior business executive mindful of a strategic edge in this sector.
Our comprehensive market research report is a critical tool designed to provide the insights necessary to navigate this complex landscape. It provides a detailed market analysis with segmented coverage looking into areas such as 'Overhead' and 'Underground' applications. Moreover, with specific break downs of growth estimations for different geographies including the U.S., China, Japan, Canada, and Europe, our report arms you with the information you need to make calculated business decisions. This valuable resource, updated with recent trends and highlighting global competitiveness, equips you with a robust blueprint of the market's current and future trajectory. Trust our market research report to illuminate your path to success in the High Voltage Cables and Accessories market.
Global High Voltage Cables and Accessories Market to Reach $65.5 Billion by 2030
The global market for High Voltage Cables and Accessories estimated at US$44.8 Billion in the year 2022, is projected to reach a revised size of US$65.5 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Overhead, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$32 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Underground segment is readjusted to a revised 5.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $12 Billion, While China is Forecast to Grow at 7.4% CAGR
The High Voltage Cables and Accessories market in the U.S. is estimated at US$12 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.3 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 64 Featured) -
- Baosheng High Voltage Cable Co., Ltd.
- Dubai Cable Company Pvt., Ltd. (Ducab)
- El Sewedy Electric Company
- Furukawa Electric Co., Ltd.
- General Cable Corporation
- Jiangnan Group Limited
- Kabelwerke Brugg AG Holding
- LS Cable & System Ltd.
- Nexans SA
- NKT Cables Group a/S
- Prysmian Group
- Southwire Company LLC
- Sumitomo Electric Industries Ltd.
- TELE-FONIKA Kable SA
- Tianjin Suli Cable Group Ltd. (Suli Group)
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for High Voltage Cables and Accessories?
What is the growth rate of the Global Market for High Voltage Cables and Accessories?
What is the forecasted size of the Global Market for High Voltage Cables and Accessories?
Who are the key companies in the Global Market for High Voltage Cables and Accessories?
Report Attribute | Details |
---|---|
No. of Pages | 234 |
Published | September 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 44.8 Billion |
Forecasted Market Value ( USD | $ 65.5 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Baosheng High Voltage Cable Co., Ltd.
- Dubai Cable Company Pvt., Ltd. (Ducab)
- El Sewedy Electric Company
- Furukawa Electric Co., Ltd.
- General Cable Corporation
- Jiangnan Group Limited
- Kabelwerke Brugg AG Holding
- LS Cable & System Ltd.
- Nexans SA
- NKT Cables Group a/S
- Prysmian Group
- Southwire Company LLC
- Sumitomo Electric Industries Ltd.
- TELE-FONIKA Kable SA
- Tianjin Suli Cable Group Ltd. (Suli Group)