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2017-2023 Global High Voltage Cables Market Split by Product Types, with Sales, Revenue, Price, Market Share Analysis During the Forecast Year and expected to grow at a CAGR of 8.0% to reach $48.1 billion

(CityRegions.Com, September 06, 2017 ) Description:

Global High Voltage Cables Market is 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.

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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.

Some of the key players in Global High Voltage Cables Market are Sumitomo Electric Industries, Ltd.,Encore Wire Corporation, Brugg Kabel AG, Siemens Ag, Tele-Fonika Kable S.A., Dubai Cable Company Pvt. Ltd, Kerite, General Cable Corporation, Finolex and Cable Corporation of India Ltd.

Products Covered:
Overhead Products
Submarine & Underground Products
Cable Joints
Cable Terminations
MI Cables
XLPE Cables

End Users Covered:
Renewable Energy
Other Energy
Residential Sector
Commercial Sector
Chemical & Petrochemical
Power Utilities
Oil & Gas
Other Industrial Users

Type of Currents Covered:
HVAC Cables
HVDC Cables

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
South Korea
Rest of Asia Pacific
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

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