An underground high voltage cable is generally used for electric power transmission at high voltages. Underground cables are preferred due to their applications in a wide range of industries, including power utilities, oil and gas, and mining. The demand for underground high voltage cables is expected to grow significantly in the APAC region, owing to the growing number of projects in emerging countries such as India and China.
MARKET DYNAMICS
Growing infrastructure, increasing demand for efficient transmission systems, and increasing power generation capacity are some of the significant factors driving the growth of the underground high voltage cables market. However, the volatile prices of raw materials might hinder the growth of the underground high voltage cables market. The underground high voltage cables market is competitive with the presence of some of the well-established as well as regional players operating in the market.
MARKET SCOPE
The "Global Underground High Voltage Cables Market Analysis to 2031" is a specialized and in-depth study of the underground high voltage cables market with a special focus on the global market trend analysis. The report aims to provide an overview of underground high voltage cables market with detailed market segmentation by voltage rating, application and geography. The global underground high voltage cables market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading underground high voltage cables market players and offers key trends and opportunities in the underground high voltage cables market.
MARKET SEGMENTATION
The global underground high voltage cables market is segmented on the basis of voltage rating, application. Based on voltage rating, the market is segmented as Less than 100 kV, 101- 200 kV, 201-300 kV, above 300 kV. Based on application, the market is segmented as industrial and utility.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global underground high voltage cables market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The underground high voltage cables market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting underground high voltage cables market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the underground high voltage cables market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global underground high voltage cables market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The underground high voltage cables market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting underground high voltage cables market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the underground high voltage cables market in these regions.
MARKET PLAYERS
The reports cover key developments in the underground high voltage cables market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from underground high voltage cables market are anticipated to lucrative growth opportunities in the future with the rising demand for underground high voltage cables market. Below mentioned is the list of few companies engaged in the underground high voltage cables market.
The report also includes the profiles of key underground high voltage cables market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Finolex Cables Ltd.
- Furukawa Electric Co., Ltd.
- General Cable Technologies Corporation
- LS Cable and System Ltd.
- NKT A/S
- Nexans
- Reka Cables Ltd
- SSGCABLE
- Sumitomo Electric Industries, Ltd.
- TFKABLE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Underground High Voltage Cables Market - By Voltage Rating
1.3.2 Underground High Voltage Cables Market - By Application
1.3.3 Underground High Voltage Cables Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. UNDERGROUND HIGH VOLTAGE CABLES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. UNDERGROUND HIGH VOLTAGE CABLES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. UNDERGROUND HIGH VOLTAGE CABLES MARKET - GLOBAL MARKET ANALYSIS
6.1. UNDERGROUND HIGH VOLTAGE CABLES - GLOBAL MARKET OVERVIEW
6.2. UNDERGROUND HIGH VOLTAGE CABLES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. UNDERGROUND HIGH VOLTAGE CABLES MARKET - REVENUE AND FORECASTS TO 2028 - VOLTAGE RATING
7.1. OVERVIEW
7.2. VOLTAGE RATING MARKET FORECASTS AND ANALYSIS
7.3. LESS THAN 100 KV
7.3.1. Overview
7.3.2. Less than 100 kV Market Forecast and Analysis
7.4. 101- 200 KV
7.4.1. Overview
7.4.2. 101- 200 kV Market Forecast and Analysis
7.5. 201-300 KV
7.5.1. Overview
7.5.2. 201-300 kV Market Forecast and Analysis
7.6. ABOVE 300 KV
7.6.1. Overview
7.6.2. above 300 kV Market Forecast and Analysis
8. UNDERGROUND HIGH VOLTAGE CABLES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL
8.3.1. Overview
8.3.2. Industrial Market Forecast and Analysis
8.4. UTILITY
8.4.1. Overview
8.4.2. Utility Market Forecast and Analysis
9. UNDERGROUND HIGH VOLTAGE CABLES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Underground High Voltage Cables Market Overview
9.1.2 North America Underground High Voltage Cables Market Forecasts and Analysis
9.1.3 North America Underground High Voltage Cables Market Forecasts and Analysis - By Voltage Rating
9.1.4 North America Underground High Voltage Cables Market Forecasts and Analysis - By Application
9.1.5 North America Underground High Voltage Cables Market Forecasts and Analysis - By Countries
9.1.5.1 United States Underground High Voltage Cables Market
9.1.5.1.1 United States Underground High Voltage Cables Market by Voltage Rating
9.1.5.1.2 United States Underground High Voltage Cables Market by Application
9.1.5.2 Canada Underground High Voltage Cables Market
9.1.5.2.1 Canada Underground High Voltage Cables Market by Voltage Rating
9.1.5.2.2 Canada Underground High Voltage Cables Market by Application
9.1.5.3 Mexico Underground High Voltage Cables Market
9.1.5.3.1 Mexico Underground High Voltage Cables Market by Voltage Rating
9.1.5.3.2 Mexico Underground High Voltage Cables Market by Application
9.2. EUROPE
9.2.1 Europe Underground High Voltage Cables Market Overview
9.2.2 Europe Underground High Voltage Cables Market Forecasts and Analysis
9.2.3 Europe Underground High Voltage Cables Market Forecasts and Analysis - By Voltage Rating
9.2.4 Europe Underground High Voltage Cables Market Forecasts and Analysis - By Application
9.2.5 Europe Underground High Voltage Cables Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Underground High Voltage Cables Market
9.2.5.1.1 Germany Underground High Voltage Cables Market by Voltage Rating
9.2.5.1.2 Germany Underground High Voltage Cables Market by Application
9.2.5.2 France Underground High Voltage Cables Market
9.2.5.2.1 France Underground High Voltage Cables Market by Voltage Rating
9.2.5.2.2 France Underground High Voltage Cables Market by Application
9.2.5.3 Italy Underground High Voltage Cables Market
9.2.5.3.1 Italy Underground High Voltage Cables Market by Voltage Rating
9.2.5.3.2 Italy Underground High Voltage Cables Market by Application
9.2.5.4 United Kingdom Underground High Voltage Cables Market
9.2.5.4.1 United Kingdom Underground High Voltage Cables Market by Voltage Rating
9.2.5.4.2 United Kingdom Underground High Voltage Cables Market by Application
9.2.5.5 Russia Underground High Voltage Cables Market
9.2.5.5.1 Russia Underground High Voltage Cables Market by Voltage Rating
9.2.5.5.2 Russia Underground High Voltage Cables Market by Application
9.2.5.6 Rest of Europe Underground High Voltage Cables Market
9.2.5.6.1 Rest of Europe Underground High Voltage Cables Market by Voltage Rating
9.2.5.6.2 Rest of Europe Underground High Voltage Cables Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Underground High Voltage Cables Market Overview
9.3.2 Asia-Pacific Underground High Voltage Cables Market Forecasts and Analysis
9.3.3 Asia-Pacific Underground High Voltage Cables Market Forecasts and Analysis - By Voltage Rating
9.3.4 Asia-Pacific Underground High Voltage Cables Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Underground High Voltage Cables Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Underground High Voltage Cables Market
9.3.5.1.1 Australia Underground High Voltage Cables Market by Voltage Rating
9.3.5.1.2 Australia Underground High Voltage Cables Market by Application
9.3.5.2 China Underground High Voltage Cables Market
9.3.5.2.1 China Underground High Voltage Cables Market by Voltage Rating
9.3.5.2.2 China Underground High Voltage Cables Market by Application
9.3.5.3 India Underground High Voltage Cables Market
9.3.5.3.1 India Underground High Voltage Cables Market by Voltage Rating
9.3.5.3.2 India Underground High Voltage Cables Market by Application
9.3.5.4 Japan Underground High Voltage Cables Market
9.3.5.4.1 Japan Underground High Voltage Cables Market by Voltage Rating
9.3.5.4.2 Japan Underground High Voltage Cables Market by Application
9.3.5.5 South Korea Underground High Voltage Cables Market
9.3.5.5.1 South Korea Underground High Voltage Cables Market by Voltage Rating
9.3.5.5.2 South Korea Underground High Voltage Cables Market by Application
9.3.5.6 Rest of Asia-Pacific Underground High Voltage Cables Market
9.3.5.6.1 Rest of Asia-Pacific Underground High Voltage Cables Market by Voltage Rating
9.3.5.6.2 Rest of Asia-Pacific Underground High Voltage Cables Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Underground High Voltage Cables Market Overview
9.4.2 Middle East and Africa Underground High Voltage Cables Market Forecasts and Analysis
9.4.3 Middle East and Africa Underground High Voltage Cables Market Forecasts and Analysis - By Voltage Rating
9.4.4 Middle East and Africa Underground High Voltage Cables Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Underground High Voltage Cables Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Underground High Voltage Cables Market
9.4.5.1.1 South Africa Underground High Voltage Cables Market by Voltage Rating
9.4.5.1.2 South Africa Underground High Voltage Cables Market by Application
9.4.5.2 Saudi Arabia Underground High Voltage Cables Market
9.4.5.2.1 Saudi Arabia Underground High Voltage Cables Market by Voltage Rating
9.4.5.2.2 Saudi Arabia Underground High Voltage Cables Market by Application
9.4.5.3 U.A.E Underground High Voltage Cables Market
9.4.5.3.1 U.A.E Underground High Voltage Cables Market by Voltage Rating
9.4.5.3.2 U.A.E Underground High Voltage Cables Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Underground High Voltage Cables Market Overview
9.5.2 South and Central America Underground High Voltage Cables Market Forecasts and Analysis
9.5.3 South and Central America Underground High Voltage Cables Market Forecasts and Analysis - By Voltage Rating
9.5.4 South and Central America Underground High Voltage Cables Market Forecasts and Analysis - By Application
9.5.5 South and Central America Underground High Voltage Cables Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Underground High Voltage Cables Market
9.5.5.1.1 Brazil Underground High Voltage Cables Market by Voltage Rating
9.5.5.1.2 Brazil Underground High Voltage Cables Market by Application
9.5.5.2 Argentina Underground High Voltage Cables Market
9.5.5.2.1 Argentina Underground High Voltage Cables Market by Voltage Rating
9.5.5.2.2 Argentina Underground High Voltage Cables Market by Application
9.5.5.3 Rest of South and Central America Underground High Voltage Cables Market
9.5.5.3.1 Rest of South and Central America Underground High Voltage Cables Market by Voltage Rating
9.5.5.3.2 Rest of South and Central America Underground High Voltage Cables Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. UNDERGROUND HIGH VOLTAGE CABLES MARKET, KEY COMPANY PROFILES
11.1. FINOLEX CABLES LTD.
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. GENERAL CABLE TECHNOLOGIES CORPORATION
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. LS CABLE AND SYSTEM LTD.
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. NKT A/S
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. NEXANS
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. REKA CABLES LTD
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. SSGCABLE
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. SUMITOMO ELECTRIC INDUSTRIES, LTD.
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. TFKABLE
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 OF TERMS
1. Finolex Cables Ltd.
2. FURUKAWA ELECTRIC CO., LTD.
3. General Cable Technologies Corporation
4. LS Cable and System Ltd.
5. NKT A/S
6. Nexans
7. Reka Cables Ltd
8. SSGCABLE
9. Sumitomo Electric Industries, Ltd.
10. TFKable
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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