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11:55 | 27.09.2017
Global High Voltage Power Cable Market 2017-2022 – Market to Reach US$50.345 Billion – Research and Markets

The “Global
High Voltage Power Cable Market – Forecasts from 2017 to 2022”
report has been added to Research and Markets’ offering.

The Global high voltage power cable market was valued at US$33.225
billion in 2016 and is projected to expand at a CAGR of 7.17% over the
forecast period to reach US$50.345 billion by 2022.

High voltage power cables have insulators and conductors which can run
underwater or underground. The high voltage power cables have a lower
inductance than other cables owing to the reduced spacing between
conductor and earth which enables cables to have a high charging
current. These cables are used in buildings, apparatus, and industrial
plant for power dissemination as well as submarine cables for power
transmission.

The global market for high voltage power cable is driven by increasing
need for efficient transmission systems coupled with government
initiatives for implementing projects having grid interconnections.
Moreover, the growing offshore wind farms and increasing inclination
towards renewable energy resources further contributes to the market
growth.

On the contrary, factors like the requirement of various government
approvals which causes a delay in power project implementation may
restrain the market growth. Moreover, funding constraints and complex
planning, as well as complex engineering, may negatively impact the
market growth too.
Key Topics Covered:
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global High Voltage Power Cable Market Forecast by Product Type (US$
billion)

6. Global High Voltage Power Cable Market Forecast by Geography (US$
billion)

7. Competitive Intelligence

8. Company Profiles

NKT Cables

Sumitomo Electric Industries Ltd.

Kerite

Prysmian Cables and Systems B.V.

Nexans

Encore wire Corporation

For more information about this report visit https://www.researchandmarkets.com/research/tftrxv/global_high

View source version on businesswire.com: http://www.businesswire.com/news/home/20170927005540/en/


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