NEW YORK, Nov. 5, 2015 /PRNewswire/ -- This report estimates the high voltage cables & accessories market, in terms of $Million. The market has been segmented into type of use (overhead, underground, and submarine), products for overhead, underground, and submarine types of usage, and region (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa).
The high voltage cables & accessories market is majorly led by the growth of offshore windfarm activities, high voltage direct current transmission links, and grid interconnections. All these means of high voltage transmission are carried out by overhead lines or underground/submarine cable systems. These cables systems comprise high voltage cables (commonly used cables include XLPE and MI, or bare conductors) and accessories (cable joints & terminations). XLPE (cross-linked polyethylene) and mass impregnated cables are usually used for underground and subsea cable systems, whereas overhead lines use bare conductors of copper or aluminium.
Various secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive commercial study of the global high voltage cables & accessories market. Primary sources, which include experts from the industry and suppliers, have been interviewed to obtain and verify critical information as well as assess future prospects of the high voltage cables & accessories market.
The Asia-Pacific market held the largest share in 2014, at around 45%. In Asia-Pacific, China is the largest market, and is expected to continue its dominance during the forecast period. Across other regions, the U.S. is a leading market in North America due to several HVDC projects, enhancing the electricity transmission infrastructure of the country.
This report also includes an analysis of the value-chain, Porter's Five Forces analysis, competitive landscape, and premium insights on the high voltage cables & accessories market.
Leading players of this industry have been profiled with their recent developments and other strategic activities. These include ABB Ltd. (Switzerland), Prysmian Group (Italy), Sumitomo Electric Industries, Ltd. (Japan), Nexans (France), NKT Cables (Germany), General Cable Corporation (U.S.), Encore Wire Corporation (U.S.), Brugg Kabel AG (Switzerland), and Finolex Cables Ltd. (India).
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