Global Market Insights has launched a report on High Voltage Cables Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.
The power cable industry has majorly been regulated by various sets of guidelines and mandates, which have standardized the deployment and manufacturing trends globally. In the recent years, grid-isolated establishments have been the prime focus for installers and regulators as these pose immense potential for business growth and expansion. Moreover, the increasing energy demand favored by positive consumer shift to incorporate a sustainable electricity network will stimulate the high voltage cables market.
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Favorable mandates for electrification across grid-isolated establishments coupled with increase in population across cities has led to upsurge in energy consumption. The apparent rise in peak load demand has compelled the utilities to upgrade & upscale regional electric supply network to ensure grid reliability & security. Henceforth, increasing energy demand favored by rising demand for effective grid networks will escalate the HV cables market growth.
The influx of enhanced overhead, underground & submarine cable technologies has integrated a sustainable business scenario. Suppliers and manufacturers have consistently been streamlining their R&D fund allocation to develop product portfolios in addition, fresh investments from leading industry participants to adopt flexible technologies which will further augment the HV cables market. Moreover, favorable consumer inclination toward the deployment of HV units to secure the overall life expectancy and living environment of the electric infrastructure will thrust the industry outlook.
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Increasing prominence on the incorporation of diversified frequency distribution networks coupled with rising concerns for operational energy-efficient environment will augment the global industrial electrical conduit market share. Rising ultra-high voltage networks demand coupled with increasing fund allocation by private and administrative organizations along with the ongoing electrification programs across developing economies will further enhance the industry growth.
Asia Pacific electrical conduit market will witness significant upsurge subject to the increasing demand for electricity from emerging regions. India and other developing nations are considered as convenient areas as they continue to improve the existing power networks to meet the steady power demand. In 2016, renewable energy attracted investments worth USD 241.6 billion globally with a total of 138.5 GW capacity addition, out of which 47% were in Asia Pacific countries.
Partial Table of Contents (ToC) of the report:
Chapter 4 High Voltage Cables Market, By Voltage
4.1 Global high voltage cables market share by voltage, 2018 & 2025
4.2 50 kV – 110 kV
4.2.1 Global market from 50 kV – 110 kV, 2014 – 2025
4.2.2 Global market from 50 kV – 110 kV, by region, 2014 – 2025
4.3 115 kV – 330 kV
4.3.1 Global market from 115 kV – 330 kV, 2014 – 2025
4.3.2 Global market from 115 kV – 330 kV, by region, 2014 – 2025
4.4 > 330 kV
4.4.1 Global market from > 330 kV, 2014 – 2025
4.4.2 Global market from > 330 kV, by region, 2014 – 2025
Chapter 5 High Voltage Cables Market, By Application
5.1 Global high voltage cables market share by application, 2018 & 2025
5.2.1 Global market from utility, 2014 – 2025
5.2.2 Global market from utility, by region, 2014 – 2025
5.3.1 Global market from industrial, 2014 – 2025
5.3.2 Global market from industrial, by region, 2014 – 2025
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Prominent electrical conduit industry players comprise of Aliaxis, ABB, Astral, Atkore, ANAMET, Champion Fiberglass, Cantex, Hubbell, Schneider, Legrand, Hellermann Tyton, Mexichem, Wienerberger, Electri-Flex, and Zekelman.
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