High Voltage Cable Market Scope and Key Players Analysis by 2031
High Voltage Cable Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 38.7 billion |
Market Size by 2031 | US$ 62.2 billion |
Global CAGR (2023 - 2031) | 6.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
High Voltage Cable Market News and Recent Developments
The high voltage cable market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- NKT wins €1.2bn high-voltage power cable contracts in Germany. The company is investing €100m ($108.77m) in its Cologne facility to increase capacity gradually by 2027. Danish cable manufacturer NKT has secured a contract from German transmission system operator (TSO) Amprion to supply high-voltage alternating current (AC) and direct current (DC) onshore power cable systems.
(Source: NKT A/S, Company Website, 2024)
High Voltage Cable Market Report Coverage and Deliverables
The “High Voltage Cable Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles