An underground high voltage cable is generally used for electric power transmission at high voltages. Underground cables are preferred due to their applications in a wide range of industries, including power utilities, oil and gas, and mining. The demand for underground high voltage cables is expected to grow significantly in the APAC region, owing to the growing number of projects in emerging countries such as India and China.
MARKET DYNAMICS
Growing infrastructure, increasing demand for efficient transmission systems, and increasing power generation capacity are some of the significant factors driving the growth of the underground high voltage cables market. However, the volatile prices of raw materials might hinder the growth of the underground high voltage cables market. The underground high voltage cables market is competitive with the presence of some of the well-established as well as regional players operating in the market.
MARKET SCOPE
The "Global Underground High Voltage Cables Market Analysis to 2028" is a specialized and in-depth study of the underground high voltage cables market with a special focus on the global market trend analysis. The report aims to provide an overview of underground high voltage cables market with detailed market segmentation by voltage rating, application and geography. The global underground high voltage cables market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading underground high voltage cables market players and offers key trends and opportunities in the underground high voltage cables market.
MARKET SEGMENTATION
The global underground high voltage cables market is segmented on the basis of voltage rating, application. Based on voltage rating, the market is segmented as Less than 100 kV, 101- 200 kV, 201-300 kV, above 300 kV. Based on application, the market is segmented as industrial and utility.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global underground high voltage cables market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The underground high voltage cables market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting underground high voltage cables market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the underground high voltage cables market in these regions.
MARKET PLAYERS
The reports cover key developments in the underground high voltage cables market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from underground high voltage cables market are anticipated to lucrative growth opportunities in the future with the rising demand for underground high voltage cables market. Below mentioned is the list of few companies engaged in the underground high voltage cables market.
The report also includes the profiles of key underground high voltage cables market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Finolex Cables Ltd.
- Furukawa Electric Co., Ltd.
- General Cable Technologies Corporation
- LS Cable and System Ltd.
- NKT A/S
- Nexans
- Reka Cables Ltd
- SSGCABLE
- Sumitomo Electric Industries, Ltd.
- TFKABLE
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