Hvdc Cables Market

Hvdc Cables Market

High Voltage Direct Current (HVDC) Cables - Global Market Outlook (2019-2027)

4.9 (26 reviews)
4.9 (26 reviews)
Published: 2020 ID: SMRC19266

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global HVDC Cables Market is expected to grow at a CAGR of 7.0% during the forecast period. Increases in energy demand and submarine installation of cables are the major factors driving the market growth. However, high cost of installation is restraining the market growth.

High Voltage Direct Current (HVDC) cables are an ideal solution of transmitting electricity over significant distances than the more widely utilized AC cables. These cables offer a few advantages over traditional cables and are significantly used to provide power to oil & gas infrastructure such as Floating production storage and offloading (FPSOs) and other different platforms situated in and near offshore. 

Based on installation, the submarine segment is likely to have a huge demand due to its advantages, for example, light weight and great connectivity. In addition, they are environment-friendly. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increase in government initiatives and development of power infrastructure.

Some of the key players profiled in the HVDC Cables Market include ABB Limited, Alfanar, General Electric, Gupta Power Infrastructure Ltd, Hitachi, LS Cable & System, Mitsubishi Electric Corporation, Nexans, Prysmian Group, Siemens AG, Sumitomo Electric Industries Ltd, Taihan Electric Wire Co Ltd, Toshiba Corporation, ZMS Cable and ZTT.

Sales Channels Covered:
• Distribution Channel
• Direct Channel

Voltages Covered:
• Ultra-High
• Extra High
• High   

Installations Covered:
• Underground
• Overhead
• Submarine

Types Covered:
• Extruded Cables
• Mass Impregnated Cables
• Other Types

Technologies Covered:
• Capacitor Commutated Converter
• Line Commutated Converter
• Voltage Source Converter   

Applications Covered:
• Cross Border
• Intra-regional

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary      
2 Preface      
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology     
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
3 Market Trend Analysis     

 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Technology Analysis    
 3.7 Application Analysis    
 3.8 Emerging Markets     
 3.9 Impact of Covid-19     
4 Porters Five Force Analysis     

 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
5 Global HVDC Cables Market, By Sales Channel   
 5.1 Introduction     
 5.2 Distribution Channel    
 5.3 Direct Channel     
6 Global HVDC Cables Market, By Voltage    

 6.1 Introduction     
 6.2 Ultra-High     
 6.3 Extra High     
 6.4 High      
  6.4.1 > 275 kV to 475 kV    
  6.4.2 110 kV to 275 kV    
  6.4.3 35 kV to 110 kV    
7 Global HVDC Cables Market, By Installation   
 7.1 Introduction     
 7.2 Underground     
 7.3 Overhead     
 7.4 Submarine     
  7.4.1 Inter Country & Island Connector  
  7.4.2 Offshore Oil & Gas    
  7.4.3 Offshore Wind Power Generation  
8 Global HVDC Cables Market, By Type    

 8.1 Introduction     
 8.2 Extruded Cables     
 8.3 Mass Impregnated Cables    
 8.4 Other Types      
  8.4.1 Superconducting Cables   
  8.4.2 Oil-filled Cables    
9 Global HVDC Cables Market, By Technology   
 9.1 Introduction     
 9.2 Capacitor Commutated Converter   
 9.3 Line Commutated Converter    
 9.4 Voltage Source Converter    
10 Global HVDC Cables Market, By Application   

 10.1 Introduction     
 10.2 Cross Border     
 10.3 Intra-regional     
  10.3.1 Interstate    
  10.3.2 Intrastate    
11 Global HVDC Cables Market, By Geography   
 11.1 Introduction     
 11.2 North America     
  11.2.1 US     
  11.2.2 Canada     
  11.2.3 Mexico     
 11.3 Europe      
  11.3.1 Germany     
  11.3.2 UK     
  11.3.3 Italy     
  11.3.4 France     
  11.3.5 Spain     
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan     
  11.4.2 China     
  11.4.3 India     
  11.4.4 Australia     
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil     
  11.5.3 Chile     
  11.5.4 Rest of South America   
 11.6 Middle East & Africa    
  11.6.1 Saudi Arabia    
  11.6.2 UAE     
  11.6.3 Qatar     
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa   
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 12.2 Acquisitions & Mergers    
 12.3 New Product Launch    
 12.4 Expansions     
 12.5 Other Key Strategies    
13 Company Profiling      
 13.1 ABB Limited     
 13.2 Alfanar      
 13.3 General Electric     
 13.4 Gupta Power Infrastructure Ltd   
 13.5 Hitachi      
 13.6 LS Cable & System     
 13.7 Mitsubishi Electric Corporation   
 13.8 Nexans      
 13.9 Prysmian Group     
 13.10 Siemens AG     
 13.11 Sumitomo Electric Industries Ltd   
 13.12 Taihan Electric Wire Co Ltd    
 13.13 Toshiba Corporation    
 13.14 ZMS Cable     
 13.15 ZTT     

List of Tables       
1 Global HVDC Cables Market Outlook, By Region (2018-2027) ($MN) 
2 Global HVDC Cables Market Outlook, By Sales Channel (2018-2027) ($MN)
3 Global HVDC Cables Market Outlook, By Distribution Channel (2018-2027) ($MN)
4 Global HVDC Cables Market Outlook, By Direct Channel (2018-2027) ($MN)
5 Global HVDC Cables Market Outlook, By Voltage (2018-2027) ($MN) 
6 Global HVDC Cables Market Outlook, By Ultra-High (2018-2027) ($MN) 
7 Global HVDC Cables Market Outlook, By Extra High (2018-2027) ($MN) 
8 Global HVDC Cables Market Outlook, By High (2018-2027) ($MN) 
9 Global HVDC Cables Market Outlook, By > 275 kV to 475 kV (2018-2027) ($MN)
10 Global HVDC Cables Market Outlook, By 110 kV to 275 kV (2018-2027) ($MN)
11 Global HVDC Cables Market Outlook, By 35 kV to 110 kV (2018-2027) ($MN)
12 Global HVDC Cables Market Outlook, By Installation (2018-2027) ($MN) 
13 Global HVDC Cables Market Outlook, By Underground (2018-2027) ($MN)
14 Global HVDC Cables Market Outlook, By Overhead (2018-2027) ($MN) 
15 Global HVDC Cables Market Outlook, By Submarine (2018-2027) ($MN) 
16 Global HVDC Cables Market Outlook, By Inter Country & Island Connector (2018-2027) ($MN)
17 Global HVDC Cables Market Outlook, By Offshore Oil & Gas (2018-2027) ($MN)
18 Global HVDC Cables Market Outlook, By Offshore Wind Power Generation (2018-2027) ($MN)
19 Global HVDC Cables Market Outlook, By Type (2018-2027) ($MN) 
20 Global HVDC Cables Market Outlook, By Extruded Cables (2018-2027) ($MN)
21 Global HVDC Cables Market Outlook, By Mass Impregnated Cables (2018-2027) ($MN)
22 Global HVDC Cables Market Outlook, By Other Types (2018-2027) ($MN) 
23 Global HVDC Cables Market Outlook, By Superconducting Cables (2018-2027) ($MN)
24 Global HVDC Cables Market Outlook, By Oil-filled Cables (2018-2027) ($MN)
25 Global HVDC Cables Market Outlook, By Technology (2018-2027) ($MN) 
26 Global HVDC Cables Market Outlook, By Capacitor Commutated Converter (2018-2027) ($MN)
27 Global HVDC Cables Market Outlook, By Line Commutated Converter (2018-2027) ($MN)
28 Global HVDC Cables Market Outlook, By Voltage Source Converter (2018-2027) ($MN)
29 Global HVDC Cables Market Outlook, By Application (2018-2027) ($MN) 
30 Global HVDC Cables Market Outlook, By Cross Border (2018-2027) ($MN) 
31 Global HVDC Cables Market Outlook, By Intra-regional (2018-2027) ($MN)
32 Global HVDC Cables Market Outlook, By Interstate (2018-2027) ($MN) 
33 Global HVDC Cables Market Outlook, By Intrastate (2018-2027) ($MN) 
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.

Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.

For more details about research methodology, kindly write to us at info@strategymrc.com

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