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High Voltage Cables Market Share

Report ID: GMI3376
Published Date: Aug 2024
Report Format: PDF

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High Voltage Cables Market Share

High Voltage Cables Company Market Share Analysis, 2023

Key market players, Nexans, NKT A/S, Prysmian Group, Sumitomo Electric Industries, Ltd., ZTT are the leading manufacturers in the market. Their dominance is attributed to factors like strong brand reputation, technological innovations, reliability, and high customer satisfaction, cementing their status as preferred manufacturer and suppliers in the sector.

High Voltage Cables Market Companies

Major key players operating across the high voltage cables industry are:

alfanar Group
Brugg Kabel AG
Cablel
Ducab
Elsewedy Electric
FURUKAWA ELECTRIC CO., LTD.
Gupta Power
Hitachi Energy Ltd.
ILJIN ELECTRIC
Jeddah Cables
LS Cable & System Ltd.
Mitsubishi Electric Corporation
Nexans
NKT A/S
Power Plus Cable Co. L.L.C.
Prysmian Group
Riyadh Cables
Southwire Company, LLC
Sumitomo Electric Industries, Ltd.
Taihan Cables & Solution Co., Ltd.
TF Kable
Tratos
ZMS Cable
ZTT

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

High voltage cables market size was USD 39.7 billion in 2023 and is expected to register 2.6% CAGR from 2024-2032 owing to the growing demand for refurbishment of the existing electrical infrastructure along with increasing investments in the development of grid networks worldwide.

High voltage cables industry from the > 220 kV voltage rating segment is expected to exceed USD 46 billion by 2032 due to growing energy demand along with a positive consumer inclination for a sustainable power network.

Asia Pacific high voltage cables industry is expected to reach over USD 30 billion by 2032 due to rising demand for reliable and uninterrupted power supply along with increasing measures toward the electrification of remote locations in the region.

Ducab, Jeddah Cables, Nexans, NKT A/S, Power Plus Cable Co. L.L.C, Prysmian Group, Riyadh Cables, Southwire Company, LLC, Sumitomo Electric Industries, Ltd., Taihan Cables & Solution Co., Ltd., TF Kable, Tratos, ZMS Cable, and ZTT, are some of the major high voltage cables companies worldwide.