ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

Energy, Power & Utilities | Utilities

ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

Market by Installation, End-user, and Country | Forecast 2021-2028

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The Asia-Pacific high voltage cable (HVC) market is predicted to witness progress at 6.19% of CAGR during the studied years 2021-2028.


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The countries assessed in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of APAC

In the region, the Chinese government is launching multiple initiatives to enhance the country’s grid technology. For instance, the State Grid Corporation of China has invested a significant amount in smart grid technology to elevate its electrical network, while decreasing carbon emission. Moreover, the rise in industrialization due to the low set up cost and swift labor availability is significantly augmenting the demand for high voltage cables in the industrial sector. This further boosts the HVC market across China.

Furthermore, the government is concentrating on renewable energy as it helps the country mitigate socio economic instability threats, further decreasing air pollution to a large extent. This is another factor that is expected to offer multiple opportunities to China’s high voltage cable market.

Similarly, the studied market is witnessing substantial growth, owing to the advancements in renewable energy in Japan. Moreover, renewable energy production is estimated to proliferate in the upcoming years, which adds to the market’s growth. Above all, solar power is expected to become inexpensive compared to coal in the near future, influencing the demand for high voltage cables. Here, the combination of photovoltaic systems is likely to become competitive with residential power prices. Therefore, such developments are projected to widen the scope and progress of the high voltage cable market throughout Japan.

Sumimoto Electric Industries Ltd is engaged in the production of electric wires, cables, and related equipment. Its wide product portfolio entails optical fibers, wire harnesses, electronic monitoring systems, and others. Also, its electric segment offers disk brakes and antilock braking systems for automobiles and printed circuit boards. Further, the company’s business segments include automotive, electronics, industrial materials, and the environment, among others. Serving a large client base, it has its headquarters located in Osaka, Japan.

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Table of Content

1. ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. ASIA-PACIFIC IS THE MOST PROMISING REGIONAL MARKET

2.2.2. INFRASTRUCTURE IS ANTICIPATED TO GROW AT A HIGHEST CAGR

2.2.3. RISE IN OFFSHORE POWER PROJECTS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. ACQUISITIONS

2.6.2. PRODUCT LAUNCH

2.6.3. PARTNERSHIP & AGREEMENTS

2.6.4. BUSINESS EXPANSION

2.7. MARKET DRIVERS

2.7.1. RISING DEMAND FOR POWER GENERATION

2.7.2. RISE IN INFRASTRUCTURAL ACTIVITIES

2.8. MARKET RESTRAINTS

2.8.1. VOLATILE PRICES OF METALS

2.9. MARKET OPPORTUNITIES

2.9.1. RISING INVESTMENTS IN SMART GRID TECHNOLOGY

2.10. IMPACT OF COVID-19 ON HIGH VOLTAGE CABLE (HVC) MARKET

3. ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET OUTLOOK - BY INSTALLATION

3.1. OVERHEAD

3.2. UNDERGROUND

3.3. SUBMARINE

4. ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET OUTLOOK - BY END-USER

4.1. INDUSTRIAL

4.1.1.   POWER UTILITIES

4.1.2.   OIL & GAS

4.1.3.   MINING

4.1.4.   CHEMICAL & PETROCHEMICAL

4.1.5.   OTHERS

4.2. RENEWABLE ENERGY

4.3. INFRASTRUCTURE

4.3.1.   COMMERCIAL

4.3.2.   RESIDENTIAL

5. ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET - REGIONAL OUTLOOK

5.1. CHINA

5.2. JAPAN

5.3. INDIA

5.4. SOUTH KOREA

5.5. ASEAN COUNTRIES

5.6. AUSTRALIA & NEW ZEALAND

5.7. REST OF ASIA-PACIFIC

6. COMPETITIVE LANDSCAPE

6.1. TELE-FONIKA KABLE SA

6.2. PRYSMIAN GROUP

6.3. DUBAI CABLE COMPANY PVT LTD

6.4. NKT CABLES

6.5. NEXANS

6.6. SOUTHWIRE LLC

6.7. SUMIMOTO ELECTRIC INDUSTRIES LTD

6.8. SIEMENS AG

6.9. TBEA CO LTD

6.10. HITACHI LTD

6.11. ABB LTD

6.12. TRATOS

6.13. FINOLEX CABLES

7. METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of table

TABLE 1: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

TABLE 4: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 5: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INSTALLATION, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY OVERHEAD, 2021-2028 (IN $ MILLION)

FIGURE 3: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY UNDERGROUND, 2021-2028 (IN $ MILLION)

FIGURE 4: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY SUBMARINE, 2021-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY POWER UTILITIES, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY OIL & GAS, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY MINING, 2021-2028 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY CHEMICAL & PETROCHEMICAL, 2021-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY RENEWABLE ENERGY, 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY RESIDENTIAL, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)

FIGURE 16: CHINA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 17: JAPAN HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 18: INDIA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 19: SOUTH KOREA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 20: ASEAN COUNTRIES HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 21: AUSTRALIA & NEW ZEALAND HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: REST OF ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

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