Global High Voltage Cables and Accessories Market Size study & Forecast, by Product Type, by Voltage, by Installation, by Conductor Type, by End User, and Regional Analysis, 2023-2030

Description

List of Tables

Global High Voltage Cables and Accessories Market is valued approximately USD 37.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2023-2030. High voltage cables and accessories refer to specialized components used in the transmission and distribution of electricity at high voltage levels. These cables are accompanied by accessories such as cable joints, terminations, connectors, insulators, and other supporting equipment that ensure proper installation, connectivity, and reliability of the high voltage cable systems. These components play a critical role in facilitating the efficient and safe transmission of electricity, particularly in applications involving renewable energy integration, grid expansion, industrial electrification, and infrastructure development. The factors driving the growth of the market are rising focus on renewable energy sources and increasing investment in Power Transmission and Distribution.

According to International Renewable Energy Agency, 2022 has seen the largest increase in renewable energy capacity to date- the world added nearly 295 GW of renewable energy, increasing the stock of renewable energy by 9.6% and contributing an unprecedented 83% of global power additions. The growth of solar and wind power, as well as the continued decommissioning of fossil fuel power plants in several major economies, are largely to blame. Another factor is increasing investment in Power Transmission and Distribution as it will support the demand for high voltage cables and accessories as part of grid infrastructure enhancement projects. Moreover, increasing adoption of Electric Vehicles (EVs) and advancements in high voltage cable technology may create abundant opportunities in the market. However, the high cost of High Voltage Cables and Accessories and intense competition from alternative technologies such as overhead lines, underground lines and wireless power transmission stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global High Voltage Cables and Accessories Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the region's oil and gas development operations as well as the continuing replacement of outdated high voltage cable grids. However, Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as industrialization, urbanization, smart grids, power transmission and distribution infrastructure projects, power generation, and investments in T&D infrastructure.

Major market player included in this report are:

Prysmian Group
Sumitomo Electric Industries Ltd.
LS Cable & System Ltd.
Taihan Cable & Solution Co., Ltd.
Elsewedy Electric Company
PFISTERER Holding AG
Brugg Kabel AG
Southwire Company, LLC
Tele-Fonika Kable SA
Synergy Cables

Recent Developments in the Market:

In May 2023, Prysmian Group made an announcement that a contract worth more than USD 864.9 million was successfully acquired. This agreement relates to the creation of a fresh project for power interconnection between France and Spain that will be executed for INELFE.
In April 2023, Sumitomo Electric Industries, Ltd. announced to expand its power cable facility in the Scottish Highlands, UK.

Global High Voltage Cables and Accessories Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Voltage, Installation, Conductor Type, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product Type:

Cables
Accessories

By Voltage:

72.5 kV
123 kV
145 kV
170 kV
245 kV
400 kV and above

By Installation:

Overhead
Underground
Submarine

By Conductor Type:

Copper
Aluminium

By End User:

Power Utilities
Renewables
Industrial

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. High Voltage Cables and Accessories Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. High Voltage Cables and Accessories Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. High Voltage Cables and Accessories Market, by Voltage, 2020-2030 (USD Billion)
- 1.2.4. High Voltage Cables and Accessories Market, by Installation, 2020-2030 (USD Billion)
- 1.2.5. High Voltage Cables and Accessories Market, by Conductor Type, 2020-2030 (USD Billion)
- 1.2.6. High Voltage Cables and Accessories Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global High Voltage Cables and Accessories Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global High Voltage Cables and Accessories Market Dynamics

3.1. High Voltage Cables and Accessories Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising focus on renewable energy sources
  - 3.1.1.2. Increasing investment in Power Transmission and Distribution
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of High Voltage Cables and Accessories
  - 3.1.2.2. Intense competition from alternative technologies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing adoption of Electric Vehicles (EVs)
  - 3.1.3.2. Advancements in high voltage cable technology

Chapter 4. Global High Voltage Cables and Accessories Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global High Voltage Cables and Accessories Market, by Product Type

5.1. Market Snapshot
5.2. Global High Voltage Cables and Accessories Market by Product Type, Performance - Potential Analysis
5.3. Global High Voltage Cables and Accessories Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. High Voltage Cables and Accessories Market, Sub Segment Analysis
- 5.4.1. Cables
- 5.4.2. Accessories

Chapter 6. Global High Voltage Cables and Accessories Market, by Voltage

6.1. Market Snapshot
6.2. Global High Voltage Cables and Accessories Market by Voltage, Performance - Potential Analysis
6.3. Global High Voltage Cables and Accessories Market Estimates & Forecasts by Voltage 2020-2030 (USD Billion)
6.4. High Voltage Cables and Accessories Market, Sub Segment Analysis
- 6.4.1. 72.5 kV
- 6.4.2. 123 kV
- 6.4.3. 145 kV
- 6.4.4. 170 kV
- 6.4.5. 245 kV
- 6.4.6. 400 kV and above

Chapter 7. Global High Voltage Cables and Accessories Market, by Installation

7.1. Market Snapshot
7.2. Global High Voltage Cables and Accessories Market by Installation, Performance - Potential Analysis
7.3. Global High Voltage Cables and Accessories Market Estimates & Forecasts by Installation 2020-2030 (USD Billion)
7.4. High Voltage Cables and Accessories Market, Sub Segment Analysis
- 7.4.1. Overhead
- 7.4.2. Underground
- 7.4.3. Submarine

Chapter 8. Global High Voltage Cables and Accessories Market, by Conductor Type

8.1. Market Snapshot
8.2. Global High Voltage Cables and Accessories Market by Conductor Type, Performance - Potential Analysis
8.3. Global High Voltage Cables and Accessories Market Estimates & Forecasts by Conductor Type 2020-2030 (USD Billion)
8.4. High Voltage Cables and Accessories Market, Sub Segment Analysis
- 8.4.1. Copper
- 8.4.2. Aluminium

Chapter 9. Global High Voltage Cables and Accessories Market, by End User

9.1. Market Snapshot
9.2. Global High Voltage Cables and Accessories Market by End User, Performance - Potential Analysis
9.3. Global High Voltage Cables and Accessories Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
9.4. High Voltage Cables and Accessories Market, Sub Segment Analysis
- 9.4.1. Power Utilities
- 9.4.2. Renewables
- 9.4.3. Industrial

Chapter 10. Global High Voltage Cables and Accessories Market, Regional Analysis

10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. High Voltage Cables and Accessories Market, Regional Market Snapshot
10.4. North America High Voltage Cables and Accessories Market
- 10.4.1. U.S. High Voltage Cables and Accessories Market
  - 10.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 10.4.1.2. Voltage breakdown estimates & forecasts, 2020-2030
  - 10.4.1.3. Installation breakdown estimates & forecasts, 2020-2030
  - 10.4.1.4. Conductor Type breakdown estimates & forecasts, 2020-2030
  - 10.4.1.5. End User breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada High Voltage Cables and Accessories Market
10.5. Europe High Voltage Cables and Accessories Market Snapshot
- 10.5.1. U.K. High Voltage Cables and Accessories Market
- 10.5.2. Germany High Voltage Cables and Accessories Market
- 10.5.3. France High Voltage Cables and Accessories Market
- 10.5.4. Spain High Voltage Cables and Accessories Market
- 10.5.5. Italy High Voltage Cables and Accessories Market
- 10.5.6. Rest of Europe High Voltage Cables and Accessories Market
10.6. Asia-Pacific High Voltage Cables and Accessories Market Snapshot
- 10.6.1. China High Voltage Cables and Accessories Market
- 10.6.2. India High Voltage Cables and Accessories Market
- 10.6.3. Japan High Voltage Cables and Accessories Market
- 10.6.4. Australia High Voltage Cables and Accessories Market
- 10.6.5. South Korea High Voltage Cables and Accessories Market
- 10.6.6. Rest of Asia Pacific High Voltage Cables and Accessories Market
10.7. Latin America High Voltage Cables and Accessories Market Snapshot
- 10.7.1. Brazil High Voltage Cables and Accessories Market
- 10.7.2. Mexico High Voltage Cables and Accessories Market
10.8. Middle East & Africa High Voltage Cables and Accessories Market
- 10.8.1. Saudi Arabia High Voltage Cables and Accessories Market
- 10.8.2. South Africa High Voltage Cables and Accessories Market
- 10.8.3. Rest of Middle East & Africa High Voltage Cables and Accessories Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Prysmian Group
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Recent Developments
- 11.3.2. Sumitomo Electric Industries Ltd.
- 11.3.3. LS Cable & System Ltd.
- 11.3.4. Taihan Cable & Solution Co., Ltd.
- 11.3.5. Elsewedy Electric Company
- 11.3.6. PFISTERER Holding AG
- 11.3.7. Brugg Kabel AG
- 11.3.8. Southwire Company, LLC
- 11.3.9. Tele-Fonika Kable SA
- 11.3.10. Synergy Cables

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global High Voltage Cables and Accessories Market, report scope
TABLE 2. Global High Voltage Cables and Accessories Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global High Voltage Cables and Accessories Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global High Voltage Cables and Accessories Market estimates & forecasts by Voltage 2020-2030 (USD Billion)
TABLE 5. Global High Voltage Cables and Accessories Market estimates & forecasts by Installation 2020-2030 (USD Billion)
TABLE 6. Global High Voltage Cables and Accessories Market estimates & forecasts by Conductor Type 2020-2030 (USD Billion)
TABLE 7. Global High Voltage Cables and Accessories Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 8. Global High Voltage Cables and Accessories Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global High Voltage Cables and Accessories Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global High Voltage Cables and Accessories Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global High Voltage Cables and Accessories Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global High Voltage Cables and Accessories Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global High Voltage Cables and Accessories Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global High Voltage Cables and Accessories Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global High Voltage Cables and Accessories Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global High Voltage Cables and Accessories Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global High Voltage Cables and Accessories Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. U.S. High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. U.S. High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. Canada High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Canada High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. UK High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. UK High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. Germany High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Germany High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. France High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. France High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Italy High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Italy High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. Spain High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. Spain High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. RoE High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. RoE High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. China High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. China High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. India High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. India High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. Japan High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Japan High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. South Korea High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. South Korea High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. Australia High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Australia High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. RoAPAC High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. RoAPAC High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Brazil High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Brazil High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. Mexico High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Mexico High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. RoLA High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoLA High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. Saudi Arabia High Voltage Cables and Accessories Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 70. South Africa High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. RoMEA High Voltage Cables and Accessories Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global High Voltage Cables and Accessories Market
TABLE 73. List of primary sources, used in the study of global High Voltage Cables and Accessories Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global High Voltage Cables and Accessories Market, research methodology
FIG 2. Global High Voltage Cables and Accessories Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global High Voltage Cables and Accessories Market, key trends 2022
FIG 5. Global High Voltage Cables and Accessories Market, growth prospects 2023-2030
FIG 6. Global High Voltage Cables and Accessories Market, porters 5 force model
FIG 7. Global High Voltage Cables and Accessories Market, pest analysis
FIG 8. Global High Voltage Cables and Accessories Market, value chain analysis
FIG 9. Global High Voltage Cables and Accessories Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global High Voltage Cables and Accessories Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global High Voltage Cables and Accessories Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global High Voltage Cables and Accessories Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global High Voltage Cables and Accessories Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global High Voltage Cables and Accessories Market, regional snapshot 2020 & 2030
FIG 15. North America High Voltage Cables and Accessories Market 2020 & 2030 (USD Billion)
FIG 16. Europe High Voltage Cables and Accessories Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific High Voltage Cables and Accessories Market 2020 & 2030 (USD Billion)
FIG 18. Latin America High Voltage Cables and Accessories Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa High Voltage Cables and Accessories Market 2020 & 2030 (USD Billion)