EUROPE HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

Energy, Power & Utilities | Utilities

EUROPE HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

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

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As per Triton’s report, the high voltage cable (HVC) market in Europe is estimated to attain a CAGR of 4.29% in terms of revenue during the assessed phase of 2021-2028. 


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The countries examined in this market include:

•        The UK

•        Spain

•        Germany

•        Sweden

•        Italy

•        France

•        Russia

•        Rest of Europe

The studied market in the European region is anticipated to advance due to the thriving wind and solar sector, which will significantly enhance the demand for high voltage cables. Moreover, there is a surge in the power generation from renewable energy resources in Germany, leading to the rise in the adoption of high voltage cables. The submarine cables segment has also picked up pace in the region, owing to the massive offshore wind capacity. Along with this, several well-established companies are extending their business operations by initiating several new projects, which is propelling the high voltage cable market on a positive growth trajectory.

For instance, Germany is among the most productive renewable energy users for power, heating, and transport. The country has also extended its clean energy usage, contributing around one-fourth to the national energy combination. Moreover, the government is targeting to produce a significant amount of electricity from renewable resources by 2050. Above all, the country’s plan to phase its nuclear power plants, shifting to renewable energy, is considered to be among the largest infrastructural investment initiatives across Europe. Thus, as stated above, these factors hold the potential to enhance the demand for high voltage cable, significantly driving the evolution of the high voltage cable market across Germany.

NKT Cables manufacturers electrical products for offshore wind farms, onshore power plants, signaling cables for railways, cables for construction, and others. Its business segments consist of high voltage offshore, building wire & low voltage, high voltage onshore, railway medium voltage, and automotive accessories. The company has over 3,211 workers, and is striving to expand its business operations across various regions. Its headquarter is based in Cologne, Germany.

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Table of Content

1. EUROPE HIGH VOLTAGE CABLE (HVC) MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   INFRASTRUCTURE IS ANTICIPATED TO GROW AT A HIGHEST CAGR

2.2.2.   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. EUROPE HIGH VOLTAGE CABLE (HVC) MARKET OUTLOOK - BY INSTALLATION

3.1. OVERHEAD

3.2. UNDERGROUND

3.3. SUBMARINE

4. EUROPE 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. EUROPE HIGH VOLTAGE CABLE (HVC) MARKET - REGIONAL OUTLOOK

5.1. UNITED KINGDOM

5.2. GERMANY

5.3. FRANCE

5.4. SWEDEN

5.5. SPAIN

5.6. ITALY

5.7. RUSSIA

5.8. REST OF EUROPE

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: EUROPE HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

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

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

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

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

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

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 21: ITALY HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: RUSSIA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: REST OF EUROPE HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

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