NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

Energy, Power & Utilities | Utilities

NORTH AMERICA HIGH VOLTAGE CABLE (HVC) MARKET 2021-2028

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

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Triton’s report suggests that the high voltage cable (HVC) market in North America is expected to expand at a CAGR of 4.16% through the assessed period 2021-2028.


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The countries reviewed in this market are:

•        United States

•        Canada

In North America, underground cables have gained substantial traction, owing to the rising electricity production and renewable projects across the United States and Canada. Since North America is known as the second-largest electricity producer globally, the surge in electricity production has amplified the use of high voltage cables across the region’s nations. Moreover, numerous government initiatives, including investments and policies to encourage renewable energy projects, have supplemented the high voltage cable market’s expansion across the North American region.

In the United States, for instance, the government has invested significantly in solar power plants, wind farms, and other renewable projects. Further, numerous prominent market players have entered the high voltage cable market to expand their business operations, which adds to the studied market’s progress. For instance, Sumitomo Electric Industries extended its reach by installing submarine power cable in San Francisco Bay. This significantly augments the development of the high voltage market across the country.

Furthermore, the surge in oil and gas exploration activities, along with the increase in construction activities, is anticipated to heighten the need for high voltage cables. Along with this, the significant developments in the renewable sector is another factor that acts as a growth factor for the HVC market. Above all, the booming solar industry is likely to increase the requirement of high voltage cables, contributing significantly to the HVC market’s expansion.

Southwire LLC is among the leading solution providers for mining, transmission, and renewable energy. Its business segments are energy, electrical, industrial, OEM, tool & assembled products, engineered products, and international. Moreover, the company offers a wide range of products, including automotive cables, aluminum building wire, copper building wire, and feeder sizes type mc cable, among others. Southwire is a privately held company with operations in several regions, and is headquartered in the United States.

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Table of Content

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

3.1. OVERHEAD

3.2. UNDERGROUND

3.3. SUBMARINE

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

5.1. UNITED STATES

5.2. CANADA

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

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

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

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

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

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

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

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 15: NORTH AMERICA 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)

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