Investor Alert

New York Markets After Hours

July 12, 2021, 6:04 a.m. EDT

High Voltage Cable Market Growth Analysis, Rising Trends, Global Size and Growth Findings 2029

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    ABB Ltd. ADR (ABB)

or Cancel Already have a watchlist? Log In

Jul 12, 2021 (AmericaNewsHour) -- Research Nester published a report titled “High Voltage Cable Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of theglobalhigh voltage cable market in terms of market segmentation by voltage, installation, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The  global high voltage cable market  is expected to garner a large revenue by growing at a notable CAGR throughout the forecast period, i.e. 2021 – 2029, owing to the rapid growth of renewable energy sector worldwide, development in infrastructure and increasing demand for electricity globally. Furthermore, growing investments in replacing old grid infrastructure is also estimated to fuel the expansion of market in the coming years.

The market is segmented on the basis of voltage, installation and application. On the basis of application, the motor protection segment is anticipated to grow at a considerable rate during the forecast period in view of increasing commercial and manufacturing activities in the world, especially in Asia Pacific. Additionally, based on end use, the power segment is expected to grow at the fastest rate in view of the increasing use of high voltage cable in transformers, bus bars, feeders, and high voltage substations.

Request Sample For More Information@ https://www.researchnester.com/sample-request-3064

Regionally, the global high voltage cable market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific is expected to see the highest growth in the market during the forecast period, which can be attributed to the increasing addition of renewable energy capacity and focus on substation automation and developed grid infrastructure activities in the region.

Increasing Electricity Consumption Globally to Drive Market Growth

As the world population is increasing at a rapid pace, the demand for electricity has also witnessed a major hike. Although, the old grid infrastructure which satisfied the power distribution demand earlier is incapable of fulfilling the energy requirement since the last decade owing to which they are being replaced by new advanced smart grids. This is one of the major factors estimated to boost the demand for high voltage cables in the future.

However, delay in approval of electricity projects in under-developed and developing nations is expected to operate as key restraint to the growth of the high voltage cable market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global high voltage cable market which includes company profiling of ABB Ltd /zigman2/quotes/209404356/composite ABB -1.99% , Finolex Cables Ltd (nse:FINCABLES), Nexans SA (epa:NEX), Prysmian SpA (bit:PRY), NKT A/S (cph:NKT), FURUKAWA ELECTRIC CO., LTD (tyo:5801), Schneider Electric (epa:SU), Brugg Kabel AG, Dubai Cable Company, Pvt. Ltd., General Cable Corporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.

Grab PDF Sample For More Information@ https://www.researchnester.com/sample-request-3064

On the whole, the report depicts detailed overview of the high voltage cable market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Us

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

The post High Voltage Cable Market Growth Analysis, Rising Trends, Global Size and Growth Findings 2029 appeared first on America News Hour .


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

$ 32.55
-0.66 -1.99%
Volume: 2.63M
Oct. 25, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$65.88 billion
Rev. per Employee

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.