High Voltage Cables And Accessories Market To Surge at a CAGR of 6.0% by 2021 according to new research report

High Voltage Cables Market by Type of Use (Overhead, Underground, Submarine), Overhead Products (Conductors, Fittings & Fixtures), Underground & Submarine Products (XLPE Cables, MI Cables, Cable Joints & Terminations), and Region - Global Forecast to 2021

High voltage cables and accessories market is projected to grow at a CAGR of 6.0% during the forecast period, to reach USD 41.27 Billion by 2021. Offshore windfarms, high voltage direct current links, and grid interconnections are the major factors driving the the high voltage cables and accessories market. Increasing need for grid interconnections has multiplied the demand in the new submarine and underground cables & accessories market over overhead transmission lines

The report segments the high voltage cables & accessories market on the basis of type of use; products specific for overhead, underground, and submarine cable systems; and region. Underground cable systems are adopted by various countries to reduce transmission losses and reduce outages by providing a continuous power supply.Increasing demand for power To drive the underground cables and accessories market in urban areas along with a growing resistance to overhead transmission lines near residential areas.

Complete report on High voltage cables and accessories market spread across 174 pages, profiling 10 companies and supported with 121 tables and 55 figures is now available at

On the basis of underground and submarine products, cable joints & terminations are the two major accessories needed to connect cable splices to another cable or terminal equipment. On the other hand, overhead high voltage cables use long conducting wires for power transmission, which are held tightly over high towers with the help of fittings & fixtures. Mass Impregnated (MI) cable is a cable that is extensively used in underground applications for high voltage applications. The current carrying capacity of MI cables differentiates it from XLPE (cross-linked polyethylene) cables or other type of cables. MI cables are environment-friendly and contain no free oil, thus the electric field around cable is zero even under the most stringent operational conditions because of the metallic sheath. The market of MI cables is projected to grow with the highest CAGR among all product segments during the forecast period to 2021

Asia-Pacific region  is the largest market for high voltage cables & accessories among other regions studied in this report, and will continue to dominate the high voltage cables & accessories market. China is leading the regional high voltage cables & accessories market, whereas other global key markets include the U.S., India, Germany, U.K., Brazil, and Egypt. The manufacturers and service providers in Asia-Pacific are focusing and creating huge prospects in this service industry. Also, governments, private producers & service providers, and cables & accessories manufacturers are continuously trying to integrate their existing technologies and develop new ones extensively to increase the capacity of high voltage transmission and reduce the impact of high voltage transmission near residential areas.

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Factors restraining the growth of this market are complex planning and authorization procedure, which delay projects, and their execution. Another important restraint to the high voltage cables & accessories market is the regulatory factor against environment and funding constraints that make the market volatile.

Some of the leading players in the high voltage cables & accessories market profiled in this Report are

ABB Ltd. (Switzerland),
Nexans (France)
NKT Cables (Germany)
General Cable Corporation (U.S.)
Prysmian Group (Italy)
Sumitomo Electric Industries, Ltd. (Japan)
Finolex Cables Ltd.
Encore Wire Corporation
Brugg Kabel AG

 Why buy this report?

  • The report identifies and addresses key markets for high voltage cables & accessories, which is useful for manufacturers, suppliers, and utilities to review production, distribution, and installation plans.
  • The report includes analysis for key countries of high voltage cables & accessories by installation that is over head, underground, and submarine high voltage cables & accessories systems. It analyzes historical trends and also forecast for 2021 assisting in strategic decision making.
  • It also presents competition by analyzing recent market developments such as contracts & agreements, new product launches, expansions, and mergers &acquisitions from key global market players. It helps to understand the competition strategies and plan respective initiatives.

Premium Insights
Attractive Market Opportunities for Underground High Voltage Cables & Accessories
Attractive Market Opportunities for Underground High Voltage Cables & Accessories
Overhead Cable Systems Dominated the High Voltage Cables & Accessories Market in 2015
China Accounted for More Than One-Fourth of the Market Share in 2015
Asia-Pacific Dominated the High Voltage Cables & Accessories Market in 2015
Top Seven Countries in the High Voltage Cables & Accessories Market
Demand for Underground Cable Systems is Projected to Increase During the Forecast Period

Market Overvie
Market Segmentation, By Type of Use, By Product Type
By Region, Market Dynamics, Drivers,Growth of Offshore Wind Farms, Projects for Grid, Interconnections Benefit the High Voltage Cable Market, Need for Efficient Transmission, Systems, Restraints, Complex Planning & Authorization Procedures Delay Projects, Regulatory Environment & Funding Constraints Make the Market Volatile, Opportunities, Increasing Power Generation Capacity, Adoption of Smart-Grid Technology, Offshore Wind Policy of Emerging, Countries, Challenges, Technical Expertise for High Voltage Cable Systems, Buoyant Demand Puts Strain on the Supply Chain, Value Chain Analysis, Supply Chain Analysis, Key Influencers, Porter’s Five Forces Analysis, Threat of Substitutes, Bargaining Power of Buyers, Bargaining Power of Suppliers, Threat of New Entrants, Intensity of Rivalry

High Voltage Cables & Accessories Market, By Type of Use
Introduction, Overhead, Underground, Submarine

High Voltage Cables & Accessories Market, By Product Type
 Overhead Products, Underground Products, Submarine Products

High Voltage Cables & Accessories Market, By Region
Introduction, Europe, U.K., Denmark, Germany, Russia, Rest of Europe, North America, U.S., Canada, Asia-Pacific, Japan, China, India, Australia, Rest of Asia-Pacific, Latin America, Brazil, Mexico, Argentina, Rest of Latin America, Middle East & Africa, Uae, Saudi Arabia, South Africa, Egypt, Rest of Middle East & Africa

Competitive Landscape
Overview, Competitive Situation & Trends, Contracts & Agreements, Expansions, New Product Developments, Mergers & Acquisitions