PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1482300
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1482300
Asia Pacific Underground High Voltage Cable Market Introduction and Overview
According to SPER market research, 'Asia Pacific Underground High Voltage Cable Market Size- By Voltage, By Current - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Asia Pacific Underground High Voltage Cable Market is predicted to reach USD 16.51 billion by 2033 with a CAGR of 5.13%.
Due to its ability to transmit power below ground, high-voltage subterranean cables play a vital role in modern electrical networks. These cables are composed of specialised materials that allow them to withstand high voltages of thousands to hundreds of thousands of volts, depending on the application. Being protected from weather-related elements like wind and ice, underground electricity cables are more dependable than those above ground.
The Asia Pacific subterranean high voltage cable market was severely affected by the COVID-19 epidemic, which resulted in supply chain interruptions, project delays, and decreased demand. Strict lockdown protocols and travel restrictions impeded building efforts during the early stages of the pandemic, causing delays in subsurface cable installation and infrastructure projects.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Voltage, By Current
Regions covered Eastern, Western, Northern, Southern
Companies Covered Prysmian Group, Nexans S.A, LS Cable & Systems Ltd., General Cable Corporation, Sumitomo Electric Industries, Ltd., Taihan Electric Wire Co, Ltd., Southwire Company, LLC, Fujikura Ltd., KEI Industries Limited, Gupta Power Infrastructure Ltd., Others
Asia Pacific Underground High Voltage Cable Market Segmentation:
By Voltage: Based on the Voltage, Asia Pacific Underground High Voltage Cable Market is segmented as; <110 kV, 110 kV-220 kV, >220 kV.
By Current: Based on the Current, Asia Pacific Underground High Voltage Cable Market is segmented as; HVAC, HVDC.
By Region: This research also includes data for Eastern, Western, Northern, Southern.