Asia Pacific High Voltage Cable Market to 2027 - Regional Analysis and Forecasts by Type (Overhead, Underground and Submarine); & End User (Industrial, Renewable and Infrastructure)
Publication Month: Oct 2019
Report Code: TIPRE00007120 No. of Pages: 145 Category: Electronics and Semiconductor Status: Published
The high voltage cable market in Asia Pacific is expected to grow from US$ 10.11 Bn in 2018 to US$ 18.33 Bn by the year 2027 with a CAGR of 7.2% from the year 2019 to 2027.
A smart grid refers to the integration of digital technology in the electricity delivery system to enhance its reliability, efficiency, and flexibility. In the coming years, the smart grid technologies are expected to become an integral part of electricity systems all over the world. Various government and private organizations are conducting R&D pertaining to these technologies to ensure maximum asset utilization through the integration of digital technologies and modernization of traditional electricity systems. In many developed and developing countries, electric grids are neither maintained nor upgraded regularly, which results in operational inefficiencies and loss of a large amount of power during transmission. The integrated electricity systems result in efficient distribution of electricity and save a substantial amount of cost through efficient asset utilization. Smart grid technologies are anticipated to play a crucial role in achieving integrated electricity systems.
China, Japan, India, South Korea, and Rest of APAC are the major contributors to the high-voltage cable market in APAC. The Rest of APAC includes countries such as Australia, Indonesia, Thailand, Singapore, and Malaysia. Power demands are expected to rise in this region majorly due to urbanization, industrialization, offshore renewable energy farms, offshore oil and gas fields, power infrastructure development, and remote area electrification, among other factors.
The high voltage cable market is segmented on the basis of end user into industrial, renewable energy, and infrastructure. During the forecast period of 2019 to 2027, the industrial high voltage cable is anticipated to be the largest contributor in the high voltage cable market. However, the Infrastructure end user segment is projected to be the fastest-growing type with the highest CAGR over the forecast period.
As per the Renewable Energy Policy Network of the 21st Century (REN21), in 2017, China announced that it will invest ~US$ 360 billion in renewable energy by 2020. Besides this, continuous infrastructure development and remote area electrification will support the high-voltage cable market growth in China. Hence, increasing industrialization, rising population, expanding renewable power generation, and offshore oil & gas rigs, among other factors, are expected to drive the demand for high-voltage cables in China during the forecast period. The above-mentioned factors are, therefore, contributing to the growth of the high voltage cable market in the country. Cables are used in various applications, such as power transmission, utilities, industries, nuclear power stations, thermal power stations, renewable energy plants, railways, and airports. The figure given below highlights the revenue share of the Mexico in the high voltage cable market in the forecast period:
Exhibit: Rest of APAC High Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
ASIA PACIFIC HIGH VOLTAGE CABLE MARKET SEGMENTATION
By Type
- Overhead
- Underground
- Underground
By End User
- Industrial
- Power Utilities
- Oil & Gas
- Mining
- Chemical & petrochemicals
- Others
- Renewable Energy
- Wind Power
- Hydropower
- Others
- Infrastructure
- Commercial
- Industrial
By Country
- China
- Japan
- South Korea
- India
- Rest of APAC
High Voltage Cable Market - Companies Mentioned
- Dubai Cable Company – Ducab
- Furukawa Electric Co., Ltd.
- Nexans SA
- NKT A/S
- Prysmian Group (General Cable Corporation)
- Siemens AG
- Southwire Company, LLC
- Sumitomo Electric Industries, Ltd.
- TELE-FONIKA Kable SA (TF Kable)
- ZTT Group
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 High Voltage Cables Market, by Type
1.3.2 High Voltage Cables Market, by End User
1.3.3 High Voltage Cable Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. High Voltage Cable Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.3 Porter’s Five Forces Analysis
4.3.1 Porter’s five forces analysis
4.3.2 Bargaining Power of Suppliers
4.3.3 Bargaining Power of Buyers
4.3.4 Threat of New Entrants
4.3.5 Threat of Substitutes
4.3.6 Rivalry Among Existing Competitors
5. High-Voltage Cable Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Industrialization and Economic Developments are Escalating demand for Electricity
5.1.2 More investment in Renewable Power Generation
5.2 Restraints
5.2.1 Fluctuating Prices of Conductor Materials
5.3 Opportunities
5.3.1 High Concentration towards Smart Grid Technology
5.4 Future Trends
5.4.1 Demand for Power in Remote Areas And Offshore Locations
5.5 Impact Analysis of Drivers and Restraints
6. High-Voltage Cable Market – Asia Pacific Market Analysis
6.1 High-Voltage Cable Market Overview
6.2 High-Voltage Cable Market Forecast And Analysis
7. High-Voltage Cables Market Analysis – By Type
7.1 Overview
7.2 High-Voltage Cables Market Breakdown, By Type, 2018 & 2027
7.3 Overhead High-Voltage Cables
7.3.1 Overview
7.3.2 Overhead High-Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Underground High-Voltage Cables
7.4.1 Overview
7.4.2 Underground High-Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Submarine High-Voltage Cables Market
7.5.1 Overview
7.5.2 Submarine High-Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
8. High Voltage Cables Market Analysis – By End User
8.1 Introduction
8.2 High Voltage Cables Market Breakdown, By End User, 2018 & 2027
8.3 Industrial High Voltage Cables Market
8.3.1 Overview
8.3.2 Industrial High Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Renewable Energy High Voltage Cables Market
8.4.1 Overview
8.4.2 Renewable Energy High Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Infrastructure High Voltage Cables Market
8.5.1 Overview
8.5.2 Infrastructure High Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
9. High-Voltage Cable Market– By Country
9.1 Overview
9.1.1 High-Voltage Cable Market Breakdown, By Key Country
9.1.1.1 China High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.1.1 China High-Voltage Cable Market Breakdown, By Type
9.1.1.1.2 China High-Voltage Cable Market Breakdown, By End User
9.1.1.2 Japan High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.2.1 Japan High-Voltage Cable Market Breakdown, By Type
9.1.1.2.2 Japan High-Voltage Cable Market Breakdown, By End User
9.1.1.3 India High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.3.1 India High-Voltage Cable Market Breakdown, By Type
9.1.1.3.2 India High-Voltage Cable Market Breakdown, By End User
9.1.1.4 South Korea High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.4.1 South Korea High-Voltage Cable Market Breakdown, By Type
9.1.1.4.2 South Korea High-Voltage Cable Market Breakdown, By End User
9.1.1.5 Rest of Asia-Pacific High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.5.1 Rest of Asia Pacific High-Voltage Cable Market Breakdown, By Type
9.1.1.5.2 Rest of Asia Pacific High-Voltage Cable Market Breakdown, By End User
10. High-Voltage Cable - Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Company Profiles
11.1 Dubai Cable Company - Ducab
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Furukawa Electric Co., Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Nexans SA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 NKT A/S
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Prysmian Group (General Cable Corporation)
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Siemens AG
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Southwire Company, LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Sumitomo Electric Industries, Ltd.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 TELE-FONIKA Kable SA (TF Kable)
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 ZTT group
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. High Voltage Cable Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 3. High Voltage Cable Market Revenue and Forecast to 2027 – By End User (US$ Mn)
Table 4. Industrial High-Voltage Cable Market Revenue and Forecast To 2027 (US$ Mn)
Table 5. Renewable High-Voltage Cable Market Revenue and Forecast To 2027 (US$ Mn)
Table 6. Infrastructure High-Voltage Cable Market Revenue and Forecast To 2027 (US$ Mn)
Table 7. China High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 8. China High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)
Table 9. China High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)
Table 10. China High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)
Table 11. China High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)
Table 12. Japan High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 13. Japan High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)
Table 14. Japan High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)
Table 15. Japan High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)
Table 16. Japan High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)
Table 17. India High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 18. India High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)
Table 19. India High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)
Table 20. India High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)
Table 21. India High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)
Table 22. South Korea High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 23. South Korea High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)
Table 24. South Korea High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)
Table 25. South Korea High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)
Table 26. South Korea High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)
Table 27. Rest of Asia Pacific High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 28. Rest of Asia Pacific High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)
Table 29. Rest of Asia Pacific High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)
Table 30. Rest of Asia Pacific High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)
Table 31. Rest of Asia Pacific High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)
Table 32. Glossary of Terms, High Voltage Cable
LIST OF FIGURES
Figure 1. High Voltage Cable Market Segmentation
Figure 2. Geographic Segmentation of High-Voltage Cable Market
Figure 3. High Voltage Cable Market Overview
Figure 4. Underground Cable Type Segment held the Largest Share in the APAC High Voltage Cable Market
Figure 5. Industrial End-User Segment held the Largest Share in the APAC High Voltage Cable Market
Figure 6. Ecosystem Analysis, High Voltage Cable Market
Figure 7. High-Voltage Cable Market Impact Analysis of Drivers and Restraints
Figure 8. High-Voltage Cable Market Forecast And Analysis, (US$ Mn)
Figure 9. High-Voltage Cables Market Breakdown, By Type, 2018 & 2027 (%)
Figure 10. Overhead High Voltage Cables Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Underground High Voltage Cables Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 12. Submarine High-Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. High Voltage Cables Market Breakdown, By End User, 2018 & 2027 (%)
Figure 14. Industrial High Voltage Cables Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 15. Renewable Energy High Voltage Cables Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 16. Infrastructure High Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. High-Voltage Cable Market Breakdown, by Key Countries, 2018 & 2027(%)
Figure 18. China High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. China High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)
Figure 20. China High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)
Figure 21. Japan High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Japan High-Voltage Cable Market, Breakdown, by Type, 2018 & 2027 (%)
Figure 23. Japan High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)
Figure 24. India High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. India High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)
Figure 26. India High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)
Figure 27. South Korea High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. South Korea High-Voltage Cable Market, Breakdown, by Type, 2018 & 2027 (%)
Figure 29. South Korea High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)
Figure 30. Rest of Asia-Pacific High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. Rest of Asia Pacific High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)
Figure 32. Rest of Asia Pacific High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)
The List of Companies
- Dubai Cable Company - Ducab
- Furukawa Electric Co., Ltd.
- Nexans SA
- NKT A/S
- Prysmian Group (General Cable Corporation)
- Siemens AG
- Southwire Company, LLC
- Sumitomo Electric Industries, Ltd.
- TELE-FONIKA Kable SA (TF Kable)
- ZTT Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific high voltage cable market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific high voltage cable market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.