GLOBAL HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

Energy, Power & Utilities | Utilities

GLOBAL HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

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

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Triton Market Research assesses that the market for high voltage cable (HVC) is set to surge at a CAGR of 5.42% during the projection period 2021-2028. The market attained $15.49 billion in 2020, and is probable to reach revenue worth $23.72 billion by 2028.


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A high voltage cable (HVC) is employed for electric power transmission at a high voltage over stretched distances to meet power demands at respective loads. The market for high voltage cable (HVC) observed steady growth, owing to urbanization in developing regions.

Triton's report on the high voltage cable (HVC) market provides an in-depth insight into the market. The market's detailed analysis comprises the key market insights, Porter's five forces analysis, key market strategies, vendor scorecard, COVID-19 impact, and market attractiveness index.

The studied market's progress is fueled by rising demand for power generation, coupled with a surge in infrastructural activities. Over the years, in countries like Dubai, India, and China, numerous infrastructural projects have commenced. Here, the infrastructural developments include commercial and residential construction, including apartments, offices, malls, and parks. Moreover, these projects require a massive amount of cables for power distribution, which is anticipated to supplement the HVC market's growth.

Although, fluctuating prices of the required raw materials are a significant factor impeding the market's development. The prices of metals play a major role in deciding the inclusive cost of the high voltage cables. Here, the prices of such metals are unpredictable as they are dealt with based on community exchange. 



Key geographies covered in the global high voltage cable (HVC) market are:

•           North America: United States and Canada

•           Europe: United Kingdom, France, Germany, Sweden, Italy, Spain, Russia, and Rest of Europe

•           Asia-Pacific: China, Japan, South Korea, ASEAN Countries, Australia & New Zealand, and Rest of Asia-Pacific

•           Latin America: Brazil, Mexico, and Rest of Latin America

•           Middle East and Africa:  United Arab Emirates, Turkey, Saudi Arabia, South Africa, and Rest of Middle East & Africa

The segmentation analysis of the high voltage cable (HVC) market consist of:

•           Market by Installation:

           o          Overhead

           o          Underground

           o          Submarine

•           Market by End-user:

           o          Industrial

                      •          Power Utilities

                      •          Oil & Gas

                      •          Mining

                      •          Chemical & Petrochemical

                      •          Others

           o          Renewable Energy

           o          Infrastructure

                      •          Commercial

                      •          Residential

The key firms profiled in the high voltage cable (HVC) market comprise Dubai Cable Company Pvt Ltd, Nexans, TBEA Co Ltd, ABB Ltd, Tele-Fonika Kable SA, Siemens AG, Sumimoto Electric Industries Ltd, Tratos, NKT Cables, Prysmian Group, Hitachi Ltd, Finolex Cables, and Southwire LLC. 

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Table of Content

1. GLOBAL 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. GLOBAL HIGH VOLTAGE CABLE (HVC) MARKET OUTLOOK - BY INSTALLATION

3.1. OVERHEAD

3.2. UNDERGROUND

3.3. SUBMARINE

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

5.1. NORTH AMERICA

5.1.1.   MARKET BY INSTALLATION

5.1.2.   MARKET BY END-USER

5.1.2.1. MARKET BY INDUSTRIAL

5.1.2.2. MARKET BY INFRASTRUCTURE

5.1.3.   COUNTRY ANALYSIS

5.1.3.1. UNITED STATES

5.1.3.2. CANADA

5.2. EUROPE

5.2.1.   MARKET BY INSTALLATION

5.2.2.   MARKET BY END-USER

5.2.2.1. MARKET BY INDUSTRIAL

5.2.2.2. MARKET BY INFRASTRUCTURE

5.2.3.   COUNTRY ANALYSIS

5.2.3.1. UNITED KINGDOM

5.2.3.2. GERMANY

5.2.3.3. FRANCE

5.2.3.4. SWEDEN

5.2.3.5. SPAIN

5.2.3.6. ITALY

5.2.3.7. RUSSIA

5.2.3.8. REST OF EUROPE

5.3. ASIA-PACIFIC

5.3.1.   MARKET BY INSTALLATION

5.3.2.   MARKET BY END-USER

5.3.2.1. MARKET BY INDUSTRIAL

5.3.2.2. MARKET BY INFRASTRUCTURE

5.3.3.   COUNTRY ANALYSIS

5.3.3.1. CHINA

5.3.3.2. JAPAN

5.3.3.3. INDIA

5.3.3.4. SOUTH KOREA

5.3.3.5. ASEAN COUNTRIES

5.3.3.6. AUSTRALIA & NEW ZEALAND

5.3.3.7. REST OF ASIA-PACIFIC

5.4. LATIN AMERICA

5.4.1.   MARKET BY INSTALLATION

5.4.2.   MARKET BY END-USER

5.4.2.1. MARKET BY INDUSTRIAL

5.4.2.2. MARKET BY INFRASTRUCTURE

5.4.3.   COUNTRY ANALYSIS

5.4.3.1. BRAZIL

5.4.3.2. MEXICO

5.4.3.3. REST OF LATIN AMERICA

5.5. MIDDLE EAST AND AFRICA

5.5.1.   MARKET BY INSTALLATION

5.5.2.   MARKET BY END-USER

5.5.2.1. MARKET BY INDUSTRIAL

5.5.2.2. MARKET BY INFRASTRUCTURE

5.5.3.   COUNTRY ANALYSIS

5.5.3.1. UNITED ARAB EMIRATES

5.5.3.2. TURKEY

5.5.3.3. SAUDI ARABIA

5.5.3.4. SOUTH AFRICA

5.5.3.5. REST OF MIDDLE EAST & AFRICA

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

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

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

TABLE 5: GLOBAL HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 6: GLOBAL HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

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

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

TABLE 9: NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INSTALLATION, 2021-2028 (IN $ MILLION)

TABLE 11: NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

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

TABLE 15: EUROPE HIGH VOLTAGE CABLE (HVC) MARKET, BY INSTALLATION, 2021-2028 (IN $ MILLION)

TABLE 16: EUROPE HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 17: EUROPE HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 18: EUROPE HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

TABLE 19: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 20: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INSTALLATION, 2021-2028 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 22: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 23: ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

TABLE 24: LATIN AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 25: LATIN AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INSTALLATION, 2021-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 27: LATIN AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 28: LATIN AMERICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

TABLE 29: MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE (HVC) MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 30: MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INSTALLATION, 2021-2028 (IN $ MILLION)

TABLE 31: MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE (HVC) MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 32: MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 33: MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE (HVC) MARKET, BY INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 24: RUSSIA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: REST OF EUROPE HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: CHINA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: JAPAN HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: INDIA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: SOUTH KOREA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 30: ASEAN COUNTRIES HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 31: AUSTRALIA & NEW ZEALAND HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 32: REST OF ASIA-PACIFIC HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 33: BRAZIL HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 34: MEXICO HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 35: REST OF LATIN AMERICA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 36: UNITED ARAB EMIRATES HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 37: TURKEY HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 38: SAUDI ARABIA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 39: SOUTH AFRICA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

FIGURE 40: REST OF MIDDLE EAST & AFRICA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028 (IN $ MILLION)

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