High Voltage Cables & Accessories Market Supplier, Competition by Manufacturers and Competitor Analysis to 2025
This Report Studies the Global High Voltage Cables & Accessories Market size, industry status
and forecast, competition landscape and growth opportunity. This Research Report categorizes the Global High
Voltage Cables & Accessories Industry by Companies, Region, Application,
Type and end-use Industry.
Global High
Voltage Cables & Accessories Market is segmented on the
basis of type, product, end users, and region. High voltage cable systems are
the backbone of electrical energy supply. Technically sophisticated high
voltage cable solutions are needed for both megacities and the expansion of the
power supply. A cable includes a conductor and insulation, and is suitable for
being run underground or underwater.
High voltage cables of different types have a variety of applications in
instruments, ignition systems, and AC and DC power transmission. Cable joints
and terminals must be designed to control the high-voltage stress to prevent
breakdown of the insulation. Frequently a high voltage cable will have a
metallic shield layer over the insulation, connected to the ground and designed
to level the dielectric stress on the insulation layer. High voltage cables may
consist of any length, with relatively shorter cables used in apparatus, longer
cables do run within buildings or as buried ones in an industrial plant or to
distribute power, and the longest cables often run as submarine cables under
ocean for power transmission.
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Increasing growth of offshore wind farms, and projects for grid
interconnections benefit the high voltage cable market. Whereas, complex
planning and approval procedures delay projects, regulatory environment &
funding constraints are the restraining factors of overall market. High Voltage
Cables & Accessories Market is classified, by type into Overhead,
Underground, Submarine. Underground cable systems are approved by many
countries to reduce transmission losses and reduce outages by providing
continuous power supply.
The underground cables & accessories market is driven by the
need for greater power to be supplied to urban areas, along with a rising
resistance to overhead transmission lines near residential areas. High
Voltage Cables & Accessories Indsutry is classified, by
product into overhead product (Conductors, Fittings & Fixtures),
Underground & Submarine Products (XLPE Cables, MI Cables, Cable Joints,
Cable Terminations).
Middle East & Africa is the fastest growing region in the High
Voltage Cables and Accessories Market. This is due to increasing demand for
high voltage cables & accessories is accredited by the investments in
T&D, directed by growing infrastructure developments, and developing
offshore wind energy generations activities, with a focus on generating
electricity domestically. High Voltage
Cables & Accessories Market key players are:
·
NKT cables Group,
·
Nexans,
·
Prysmian Group,
·
Finolex Cables Ltd.,
·
Siemens,
·
ABB Group,
·
Cable Corporation of India Ltd.,
·
Brugg Kabel AG
·
Synergy Cables Ltd
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