Automotive High Voltage Cable Market Scope And Analysis

Report Code : TIPRE00030004
Category : Automotive and Transportation

Status : Published
No. of Pages : 137

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Automotive High Voltage Cable Market Analysis Report 2023 to 2030

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Automotive High Voltage Cable Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 3.18 Billion
Market Size by 2030	US$ 6.1 Billion
Global CAGR (2022 - 2030)	8.5%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Vehicle Type Battery Electric Vehicles Plugin Hybrid Electric Vehicles Plugin Hybrid Vehicles By Conductor Type Copper and Aluminum By Core Type Multi Core and Single Core
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	JTFT Acome Co Huber Suhner AG Prysmian SpA Leoni AG Coroplast Fritz Muller GmbH Co KG Champlain Cable Corp Sumitomo Electric Industries Ltd Shanghai KMCable Group Co Ltd

Recent Developments

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the automotive high voltage cable market. A few recent automotive high voltage cable market developments are listed below:

In April 2023, Leoni AG upgraded its Business Group AM to the Automotive Cable Solutions (ACS) Division, highlighting the significance of the automotive cables business within its cables segment. With a global production network and a diverse product portfolio, ACS is a market leader in standard automotive, special, and charging cables. The division's success can be attributed to its dedicated workforce and focus on automotive industry megatrends. With the increasing demand, ACS continues to expand its production capacity and aims to provide innovative solutions for electric vehicles, high-voltage cables, data cables, and sensor cables, catering to the needs of the growing automotive high voltage cable market.
In July 2022, ACOME showcased its latest innovations in the automotive industry at the SIA Powertrain & Energy event. It introduced its new range of high voltage power cables, featuring its proprietary E-layer technology, Twinskin, and Datacables. These advancements have positioned ACOME as a key player in the automotive high voltage cable market.
In November 2021, ACOME unveiled its latest innovations in the automotive industry at the Electric & Hybrid Vehicle Technology Expo in Stuttgart. The company showcased its new ranges of High-Speed Data and E-Layer cables, reinforcing its position as a leading provider in the automotive high voltage cable market.
In November 2020, HUBER+SUHNER introduced its latest addition to the high voltage cable market with the launch of the RADOX-screened FLEX cable range. These cables combine the proven RADOX technology with a new conductor design, offering increased flexibility and ease of installation for electric vehicle applications. The cables provide resistance against various environmental factors and comply with automotive cable standards. HUBER+SUHNER aims to provide convenience, versatility, and reliability to meet the growing demands of the industry.