High Voltage Direct Current (HVDC) Cable are including the submarine, underground and the overhead cable.
High Voltage Direct Current (HVDC) underground cables have been in commercial use since the 1950’s. Today, HVDC underground cables can carry medium and high power (100 MW up to 1,000 MW) over distances above 50 km.
So far, HVDC transmission has mainly been used in submarine applications, either connecting offshore wind farms to land or transmitting high electrical power over long distance through the sea were overhead lines cannot be used.
This report contains market size and forecasts of High Voltage Direct Current (HVDC) Cable in global, including the following market information:
Global High Voltage Direct Current (HVDC) Cable Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global High Voltage Direct Current (HVDC) Cable Market Sales, 2017-2022, 2023-2028, (K Meter)
Global top five High Voltage Direct Current (HVDC) Cable companies in 2021 (%)
The global High Voltage Direct Current (HVDC) Cable market was valued at 1759.5 million in 2021 and is projected to reach US$ 2912.4 million by 2028, at a CAGR of 7.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
60-150 KV Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of High Voltage Direct Current (HVDC) Cable include ABB, Nexans, NKT, Prysman, General Cable and LS Cable, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the High Voltage Direct Current (HVDC) Cable manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Voltage Direct Current (HVDC) Cable Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Meter)
Global High Voltage Direct Current (HVDC) Cable Market Segment Percentages, by Type, 2021 (%)
60-150 KV
151-300 KV
Above 300 KV
Global High Voltage Direct Current (HVDC) Cable Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Meter)
Global High Voltage Direct Current (HVDC) Cable Market Segment Percentages, by Application, 2021 (%)
Submarine
Underground
Overhead
Global High Voltage Direct Current (HVDC) Cable Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Meter)
Global High Voltage Direct Current (HVDC) Cable Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Voltage Direct Current (HVDC) Cable revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies High Voltage Direct Current (HVDC) Cable revenues share in global market, 2021 (%)
Key companies High Voltage Direct Current (HVDC) Cable sales in global market, 2017-2022 (Estimated), (K Meter)
Key companies High Voltage Direct Current (HVDC) Cable sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Nexans
NKT
Prysman
General Cable
LS Cable