Market Overview

Global High Voltage Cables Market Outlook to 2023: Analysis by Type of Transmission, Type of Current, and Geography - ResearchAndMarkets.com

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The "Global
High Voltage Cables Market - Segmented by Type of Transmission, Type of
Current, and Geography - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
offering.

The growing electricity generation and consumption, along with the
changing power generation industry dynamics, are expected to drive the
transmission and distribution network growth, which, in turn, is
expected to drive the high voltage cables market during the forecast
period.

Transmission and Distribution Network Expansion and Renovation
to Drive the Market

The global electricity consumption is growing. At the same time, due to
environmental concerns, many countries are reducing the use of coal and
oil for electricity generation.

Coal accounts for about 40% of global electricity generation. In order
to meet the energy demands while reducing the coal and oil consumption
in power sector, the focus on reducing the transmission and distribution
losses has increased.

About 8% of total electricity generation is lost in transmission losses,
globally. In order to reduce these losses, it is necessary to replace
older transmission lines with modern cables. Hence, the focus on
reducing the transmission losses is expected to drive the high voltage
cables demand during the forecast period.

Key Highlights

  • Growth in Renewable Energy Sector to Drive the Market
  • Asia-Pacific Region to Lead the Market Growth
  • Egypt to Experience Significant Market Growth

Key Developments in the Market

  • February 2018: VINCI Energies, through its subsidiary, Oxymon Energy
    Transition, won a contract from Socit d'Electricit du Sngal (SENELEC).
    The contract includes installation of ultra-high voltage transformer
    station, about 200 kms of overhead and underground EHV transmission
    lines and more than 100 distribution substations in Senegal. The total
    cost of the project is EURO 197 million and the duration of the
    project is about 36 months.

Companies Featured

  • ABB
  • Cable Corporation of India Ltd.
  • Finolex Cables Ltd.
  • General Cable Technologies Corporation
  • The Kerite Company
  • Nexans
  • NKT A.S.
  • Prysmian Group
  • Southwire Company LLC
  • Tratos

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/46n6hh/global_high?w=4

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