Global HVDC Cables Market Size, Trends & Growth Opportunity, By Type (Mass Impregnated Cables, Extruded Cables, and Others), By Technology (Capacitor Commutated Converter, Voltage Source Converter, and Line Commutated Converter), By Application (Overhead Line, Submarine, and Underground),By Region and Forecast till 2030
Global HVDC Cables Market
HVDC cables are referred as High Voltage Direct Current cables which are an optimal solution of transmitting electricity over long distance than more widely used AC cables. They offer various advantages over traditional cables are commonly used to provide electricity to oil & gas infrastructure such as floating production storage & offloading and other platforms located in and near offshore.
Market Drivers
The rise in awareness regarding benefits related to use of clean energy sources, and supportive government policies in developed as well as developing economies are some driving factors expected to drive the global HVDC cables market growth over the forecast period. Furthermore, the rise in focus on technological advancements in the field of power sector is also expected to boost the global HVDC cables market growth. Also, expansion of industries, the rise in urbanization, the need for electricity, and long distance transmission network are expected to propel the market growth. The HDVC cables market in the APAC region accounts for largest market share in terms of revenue across the globe.
Market Restraints
High cost of installing HVDC transmission systems and high cost of circuit breakers expected to hamper the global HVDC cables market growth over the forecast period.
Market Segmentation
The Global HVDC Cables Market is segmented into type such as Mass Impregnated Cables, Extruded Cables, and Others, by technology such as Capacitor Commutated Converter, Voltage Source Converter, and Line Commutated Converter. Further, market is segmented into application such as Overhead Line, Submarine, and Underground.
Also, the Global HVDC Cables Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Abb Ltd, Prysmian Group, Nr Electric, Nkt A/S, Nexans, Mitsubishi Electric, Hitachi, General Electric, Siemens, C-Epri Electric Power Engineering, etc.
Market Taxonomy
By Type
• Mass Impregnated Cables
• Extruded Cables
• Others
By Technology
• Capacitor Commutated Converter
• Voltage Source Converter
• Line Commutated Converter
By Application
• Overhead Line
• Submarine
• Underground
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global HVDC Cables Market?
• What will be the growth rate from 2019 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global HVDC Cables Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global HVDC Cables Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global HVDC Cables Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global HVDC Cables Market Share Analysis, By Type
5.3 Global HVDC Cables Market Size and Forecast, By Type
5.3.1 Mass Impregnated Cables
5.3.2 Extruded Cables
5.3.3 Others
6 Global HVDC Cables Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global HVDC Cables Market Share Analysis, By Technology
6.3 Global HVDC Cables Market Size and Forecast, By Technology
6.3.1 Capacitor Commutated Converter
6.3.2 Voltage Source Converter
6.3.3 Line Commutated Converter
7 Global HVDC Cables Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global HVDC Cables Market Share Analysis, By Application
7.3 Global HVDC Cables Market Size and Forecast, By Application
7.3. 1 Overhead Line
7.3.2 Submarine
7.3.3 Underground
8Global HVDC Cables Market, By Region
8.1 Global HVDC Cables Market Share Analysis, By Region
8.2 Global HVDC Cables Market Share Analysis, By Region
8.3 Global HVDC Cables Market Size and Forecast, By Region
9 North America HVDC Cables Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America HVDC Cables Market Share Analysis, By Type
9.3 North America HVDC Cables Market Size and Forecast, By Technology
9.4 North America HVDC Cables Market Size and Forecast, By Application
9.5 North America HVDC Cables Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeHVDC Cables Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe HVDC Cables Market Share Analysis, By Type
10.3 Europe HVDC Cables Market Size and Forecast, By Technology
10.4 Europe HVDC Cables Market Size and Forecast, By Application
10.5 Europe HVDC Cables Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific HVDC Cables Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific HVDC Cables Market Share Analysis, By Type
11.3 Asia Pacific HVDC Cables Market Size and Forecast, By Technology
11.4 Asia Pacific HVDC Cables Market Size and Forecast, By Application
11.5 Asia Pacific HVDC Cables Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America HVDC Cables Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America HVDC Cables Market Share Analysis, By Type
12.3 Latin America HVDC Cables Market Size and Forecast, By Technology
12.4 Latin America HVDC Cables Market Size and Forecast, By Application
12.5 Latin America HVDC Cables Market Size and Forecast, Country
13Middle East HVDC Cables Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East HVDC Cables Market Share Analysis, By Type
13.3 Middle East HVDC Cables Market Size and Forecast, By Technology
13.4 Middle East HVDC Cables Market Size and Forecast, By Application
13.5 Middle East HVDC Cables Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Abb Ltd
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Prysmian Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Nr Electric
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Nkt A/S
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Nexans
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Mitsubishi Electric
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Hitachi
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 General Electric
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Siemens
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 C-Epri Electric Power Engineering
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
