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Underground High Voltage Cable Market Share

Report ID: GMI5768
Published Date: Jul 2024
Report Format: PDF

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Underground High Voltage Cable Market Share

Underground High Voltage Cable Company Market Share Analysis, 2023

Nexans, NKT A/S, Prysmian Group, ZTT, & ILJIN ELECTRIC are the major leading players in the underground high voltage market. Leading manufacturers in the underground high voltage cable industry are prioritizing transmission projects and making investments to gain a competitive advantage. The introduction of advanced technologies and components by these prominent players has contributed to positive business dynamics.

Underground High Voltage Cable Market Companies

Major key players operating across the underground high voltage cable industry are:

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

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of underground high voltage cable was reached USD 28.6 billion in 2023 and will grow at 5.8% from 2024 to 2032, driven by the rising demand for refurbishing existing electrical infrastructure.

The HVDC segment of the underground high voltage cable market will expand at over 5.8% CAGR from 2024 to 2032, attributed to the higher adoption of conductors.

Asia Pacific underground high voltage cable market is anticipated to exceed USD 35 billion by 2032, driven by the growing demand for reliable and uninterrupted power supply.

alfanar Group, Brugg Kabel AG, Ducab, Power Plus Cables Co. L.L.C, FURUKAWA ELECTRIC CO., LTD, Hellenic Cables, ILJIN ELECTRIC, Jeddah Cables, LS Cable & System Ltd, Nexans, and NKT A/S among others.