High Voltage Cable Market by Type (Overhead, Underground, Submarine) and End User (Industrial, Renewable energy, Infrastructure)
“Global High Voltage Cable Industry Professional Survey Report 2016” Order This Report by calling BigMarketResearch.com at +1-971-202-1575.
High Voltage cable (HVC) is used for electric power transmission at high voltage over long distances to meet the electricity demand at the respective loads. The market is expected to witness a notable growth during the forecast period. This is due to the advantages such as presence of additional insulation jacket that minimizes power loss, and enhanced stability in comparison to other cables. HVCs are widely used in overhead lines, underground cables, and submarine cables.
The market is largely driven by the industrialization and urbanization in developing countries such as China, Japan and India. Moreover, increased number of renewable energy projects such as wind and solar power plants have supplemented the growth of HVC market. However, volatile prices of metals such copper and aluminum adversely impact the market growth. Moreover, growing investments in smart grid technology and increasing number of offshore power projects in developing countries are
Expected to create numerous opportunities for the growth of HVC market in the years to come.
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The leading players in the market have introduced new products to increase their product portfolio and customer base. For instance, in 2016, Prysmian Group has started a new project for submarine power cable links in the Venetian Lagoon, Italy. This project would strengthen the high-voltage power transmission grid market in the Venetian Lagoon. Further, in 2014, ABB introduced extruded HVDC cable systems with double transmission capacity at 525 kV level. The company has targeted large renewable installations that need bulk power to be transmitted over long distances with minimal transmission loss.
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Potential Benefits For Stakeholders
Comprehensive analysis of the current trends and future estimations in the world HVC market is provided in the report. The report provides a competitive scenario of the market with current and future growth trends, structure, driving factors, scope, opportunities, and challenges.
The market is segmented on the basis of type, end user, and geography.
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 World High Voltage Cable Market, By Type
Chapter 5 World High Voltage Cable Market, By End User
Chapter 6 World High Voltage Cable Market, By Geography
Chapter 7 Company Profile
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