The Latin America, Middle East and Africa High Voltage Cables Market is expected to witness market growth of 6.7% CAGR during the forecast period (2020-2026).
Medium voltage cables usually run between 10 and 33 kV and those above 50 kV are high voltage cables. Short high voltage cables are used in equipment, while longer cables are found in buildings, as underground cables in manufacturing plants and for power delivery. Furthermore, very long cables are used in applications such as submarines for underwater power transmission. High voltage cables are used in a number of applications, such as instruments, AC and DC power delivery and ignition systems. Each of these applications require a tightly shielded cable that cannot deteriorate due to high voltage pressure.
The cables have to avoid the contact of a high voltage conductor with objects or individuals and control the leakage of electrical current. Power transmission is considered to be a crucial area of innovation in all major regions of the world. The power industry needs modern power transmission networks in order to provide good connections between mainland stations and shores. Globally, millions of circuit kilometres of additional transmission lines are planned to be installed in the near future. There are many benefits of using high voltage cables and power transfer equipment, including decreased line current with a given volume of power, increased reliability and better voltage regulation.
There are many reasons that are known to be the key drivers for the growth of the high voltage and accessories industry. Most of the national transmission networks in the world are old and have become less effective and reliable. As a result, the increasing need for innovative technology to eliminate power cuts and improve the reliability of power delivery raises the need for high-quality cables and accessories. Governments, private producers and service providers are dramatically expanding their current high-voltage transmission technologies to expand capacity. Other factors include the development of offshore wind power operations, grid interconnections and high-voltage communication links, which in turn add to the development of the demand for high-voltage cables and accessories.
Based on Installation Type, the market is segmented into Overhead, Submarine and Underground. Based on End User, the market is segmented into Energy & Power, IT & Telecom, Aerospace & Defense, Oil & Gas, Building & Construction and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Nexans SA, Finolex Cables Limited, NKT A/S, Sumitomo Electric Industries, Ltd., Dubai Cable Company Pvt. Ltd. (Senaat General Holdings Corporation), Cable Corporation of India Ltd. (Future Deal Properties Pvt. Ltd.), Prysmian Group, Southwire Company, LLC, and Tratos Ltd. (ALMA S.r.l.).
Scope of the Study
Market Segmentation:
By Installation Type
By End User
By Country
Companies Profiled
Unique Offerings from the Publisher
Medium voltage cables usually run between 10 and 33 kV and those above 50 kV are high voltage cables. Short high voltage cables are used in equipment, while longer cables are found in buildings, as underground cables in manufacturing plants and for power delivery. Furthermore, very long cables are used in applications such as submarines for underwater power transmission. High voltage cables are used in a number of applications, such as instruments, AC and DC power delivery and ignition systems. Each of these applications require a tightly shielded cable that cannot deteriorate due to high voltage pressure.
The cables have to avoid the contact of a high voltage conductor with objects or individuals and control the leakage of electrical current. Power transmission is considered to be a crucial area of innovation in all major regions of the world. The power industry needs modern power transmission networks in order to provide good connections between mainland stations and shores. Globally, millions of circuit kilometres of additional transmission lines are planned to be installed in the near future. There are many benefits of using high voltage cables and power transfer equipment, including decreased line current with a given volume of power, increased reliability and better voltage regulation.
There are many reasons that are known to be the key drivers for the growth of the high voltage and accessories industry. Most of the national transmission networks in the world are old and have become less effective and reliable. As a result, the increasing need for innovative technology to eliminate power cuts and improve the reliability of power delivery raises the need for high-quality cables and accessories. Governments, private producers and service providers are dramatically expanding their current high-voltage transmission technologies to expand capacity. Other factors include the development of offshore wind power operations, grid interconnections and high-voltage communication links, which in turn add to the development of the demand for high-voltage cables and accessories.
Based on Installation Type, the market is segmented into Overhead, Submarine and Underground. Based on End User, the market is segmented into Energy & Power, IT & Telecom, Aerospace & Defense, Oil & Gas, Building & Construction and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Nexans SA, Finolex Cables Limited, NKT A/S, Sumitomo Electric Industries, Ltd., Dubai Cable Company Pvt. Ltd. (Senaat General Holdings Corporation), Cable Corporation of India Ltd. (Future Deal Properties Pvt. Ltd.), Prysmian Group, Southwire Company, LLC, and Tratos Ltd. (ALMA S.r.l.).
Scope of the Study
Market Segmentation:
By Installation Type
- Overhead
- Submarine
- Underground
By End User
- Energy & Power
- IT & Telecom
- Aerospace & Defense
- Oil & Gas
- Building & Construction
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Siemens AG
- Nexans SA
- Finolex Cables Limited
- NKT A/S
- Sumitomo Electric Industries, Ltd.
- Dubai Cable Company Pvt. Ltd. (Senaat General Holdings Corporation)
- Cable Corporation of India Ltd. (Future Deal Properties Pvt. Ltd.)
- Prysmian Group
- Southwire Company, LLC
- Tratos Ltd. (ALMA S.r.l.)
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA High Voltage Cables Market by Installation Type
Chapter 5. LAMEA High Voltage Cables Market by End Use
Chapter 6. LAMEA High Voltage Cables Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Siemens AG
- Nexans SA
- Finolex Cables Limited
- NKT A/S
- Sumitomo Electric Industries, Ltd.
- Dubai Cable Company Pvt. Ltd. (Senaat General Holdings Corporation)
- Cable Corporation of India Ltd. (Future Deal Properties Pvt. Ltd.)
- Prysmian Group
- Southwire Company, LLC
- Tratos Ltd. (ALMA S.r.l.)
Methodology
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