Europe High Voltage Cable Market to Reach US$ 12.49 Bn at a CAGR of 5.4% in 2027 | The Insight Partners

Europe 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: TIPRE00007121 | No. of Pages: 142 | Category: Electronics and Semiconductor | Status: Published

The high voltage cable market in Europe is expected to grow from US$ 8.01 Bn in 2018 to US$ 12.49 Bn by the year 2027 with a CAGR of 5.4% from the year 2019 to 2027.

The need for transporting power over long distances for electrifying remote areas and offshore application areas is expected to drive the growth of high-voltage cable market, especially in developing and underdeveloped countries, during the forecast period. Deployment of high voltage cables in remote areas and offshore locations is forecasted to be the upcoming trend in the market. These areas are generally located far away from power infrastructure, which necessitates transportation of power to long distances with minimum power loss. The need for power infrastructure is growing rapidly in remote areas such as coastal areas, hilly areas, and islands. High-voltage cables also find applications in the transportation of power to and from offshore locations, such as wind and solar farms.

 

During the forecast period of 2019 to 2027, the underground high voltage cable is anticipated to be the largest contributor in the high voltage cable market. However, submarine high voltage cable segment is projected to be the fastest-growing type with the highest CAGR over the forecast period. High voltage underwater cables is, they are invisible and are being hidden below surfaces. Moreover, voltage losses are lower with underground cables than overhead lines. However, most transmission losses transpire within the lower voltage distribution networks. HVUCs are not at risk of storm damage apart from water damage and are far less likely to cause death or injuries due to accidental contact with the lines/cables.

 

Continuous infrastructural development across Germany, especially in remote and offshore areas, is expected to drive the deployment of high-voltage cables in the country. Moreover, the growing renewable power generation capacity in Germany is anticipated to boost the overall growth of high-voltage cable market during the forecast period. After Germany, Sweden dominated the Europe high voltage cable market. One of the most important and apparent advantages of HVUCs is they are invisible, being hidden below surfaces. Moreover, voltage losses are lower with underground cables than overhead lines. However, most transmission losses transpire within the lower voltage distribution networks. HVUCs are not at risk of storm damage apart from water damage and are far less likely to cause death or injuries due to accidental contact with the lines/cables. Sweden is the largest consumer of renewable energy in the Francean Union. The figure given below highlights the revenue share of the Mexico in the high voltage cable market in the forecast period:

 

Exhibit: Rest of Europe High Voltage Cable Market Revenue and Forecasts to 2027 (US$ Mn)


 

 

EUROPE 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

  • Germany
  • Italy
  • France
  • Sweden
  • Rest of Europe

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 is Stimulating Demand for Electricity

5.1.2       Rising investments in renewable power generation

5.2       Restraints

5.2.1       Uncertainty in prices of conductor materials

5.3       Opportunities

5.3.1       Growing focus on smart grid technology

5.4       Future Trends

5.4.1       Escalating need for power in remote areas and offshore locations

5.5       Impact Analysis of Drivers and Restraints

6.              High-Voltage Cable Market – Europe 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       Global 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.              Europe High-Voltage Cable Market– By Country

9.1       Overview

9.1.1       Overview

9.1.2       Europe High-Voltage Cable Market Breakdown, By Key Country

9.1.2.1    Germany High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.1.1    Germany High-Voltage Cable Market Breakdown, By Type

9.1.2.1.2    Germany High-Voltage Cable Market Breakdown, By End User

9.1.2.2    Italy High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.2.1    Italy High-Voltage Cable Market Breakdown, By Type

9.1.2.2.2    Italy High-Voltage Cable Market Breakdown, By End User

9.1.2.3    France High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.3.1    France High-Voltage Cable Market Breakdown, By Type

9.1.2.3.2    France High-Voltage Cable Market Breakdown, By End User

9.1.2.4    Sweden High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.4.1    Sweden High-Voltage Cable Market Breakdown, By Type

9.1.2.4.2    Sweden High-Voltage Cable Market Breakdown, By End User

9.1.2.5    Rest of Europe High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

9.1.2.5.1    Rest of Europe High-Voltage Cable Market Breakdown, By Type

9.1.2.5.2    Rest of Europe 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.            APAC High Voltage Cable Market Revenue and Forecast to 2027 – By Type (US$ Mn)

Table 3.            Europe 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.            Global 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.            Germany High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)

Table 8.            Germany High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 9.            Germany High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)

Table 10.         Germany High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)

Table 11.         Germany High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)

Table 12.         Italy High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)

Table 13.         Italy High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 14.         Italy High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)

Table 15.         Italy High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)

Table 16.         Italy High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)

Table 17.         France High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)

Table 18.         France High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 19.         France High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)

Table 20.         France High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)

Table 21.         France High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)

Table 22.         Sweden High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)

Table 23.         Sweden High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 24.         Sweden High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)

Table 25.         Sweden High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)

Table 26.         Sweden High-Voltage Cable Market Revenue and Forecast To 2027, By Infrastructure (US$ Mn)

Table 27.         Rest of Europe High-Voltage Cable Market Revenue and Forecast To 2027 – By Type (US$ Mn)

Table 28.         Rest of Europe High-Voltage Cable Market Revenue and Forecast To 2027 – By End User (US$ Mn)

Table 29.         Rest of Europe High-Voltage Cable Market Revenue and Forecast To 2027, By Industrial (US$ Mn)

Table 30.         Rest of Europe High-Voltage Cable Market Revenue and Forecast To 2027, By Renewable (US$ Mn)

Table 31.         Rest of Europe 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 Europe High Voltage Cable Market

Figure 5.          Industrial End-User Segment held the Largest Share in the Europe High Voltage Cable Market

Figure 6.          Ecosystem Analysis, High Voltage Cable Market

Figure 7.          Global High-Voltage Cable Market Impact Analysis of Drivers and Restraints

Figure 8.          Europe 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.       Global Submarine High-Voltage Cables Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.       High Voltage Cables Market Breakdown, By Type, 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.       Europe High-Voltage Cable Market Breakdown, by Key Countries, 2018 & 2027(%)

Figure 18.       Germany High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

Figure 19.       Germany High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)

Figure 20.       Germany High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)

Figure 21.       Italy High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

Figure 22.       Italy High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)

Figure 23.       Italy High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)

Figure 24.       France High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

Figure 25.       France High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)

Figure 26.       France High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)

Figure 27.       Sweden High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

Figure 28.       Sweden High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)

Figure 29.       Sweden High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)

Figure 30.       Rest of Europe High-Voltage Cable Market Revenue and Forecasts to 2027 (US$ MN)

Figure 31.       Rest of Europe High-Voltage Cable Market Breakdown, by Type, 2018 & 2027 (%)

Figure 32.       Rest of Europe High-Voltage Cable Market Breakdown, by End User, 2018 & 2027 (%)

 

The List of Companies

  1. Dubai Cable Company – Ducab
  2. Furukawa Electric Co., Ltd.
  3. Nexans SA
  4. NKT A/S
  5. Prysmian Group (General Cable Corporation)
  6. Siemens AG
  7. Southwire Company, LLC
  8. Sumitomo Electric Industries, Ltd.
  9. TELE-FONIKA Kable SA (TF Kable)
  10. ZTT Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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.