Search for a report

Reports

  • You are here:
  • Home
  • Downloads
  • NORTH AMERICA HIGH VOLTAGE CABLE MARKET FORECAST 2023-2032

NORTH AMERICA HIGH VOLTAGE CABLE MARKET FORECAST 2023-2032

The North America high voltage cable market is set to surge with a 3.83% CAGR by 2032, and is predicted to be valued at $11104.56 million during the evaluation period of 2023 and 2032.

NORTH AMERICA HIGH VOLTAGE CABLE MARKET FORECAST 2023-2032

North America High Voltage Cable Market by Installation (Overhead, Underground, Submarine) Market by End-user (Industrial (Power Utilities, Oil & Gas, Mining, Chemical & Petrochemical, Other Industrial End-users), Renewable Energy, Infrastructure (Commercial, Residential)) by Geography

Request free sample

The North America high voltage cable market is set to surge with a 3.83% CAGR by 2032, and is predicted to be valued at $11104.56 million during the evaluation period of 2023 and 2032.

Underground cables have greater penetration in this region, owing to increasing electricity production and renewable projects and are expected to remain the market leaders in this region. Also, the surge in electricity production has further augmented the usage of high voltage cables. In addition, various government initiatives, such as policies & investments for renewable energy projects, have supported the North America high voltage cable market growth.

North America High Voltage Cable (HVC) Market

To know more about this report, request a free sample copy

The North America high voltage cable market growth evaluation includes a thorough study of Canada and United States. The United States government invested approximately $35 billion in wind farms, solar power plants, and various other renewable energy projects. Also, numerous new entrants in the high voltage cable market are expected to boost their outreach.

Furthermore, an increase in mining metals, oil & gas exploration activities, and growth in construction activities in North America is anticipated to positively impact the demands for high voltage cables. Besides, the renewable sector has seen major regional developments, which are expected to be a significant growth driver. Also, the booming solar sector is predicted to propel the North America high voltage cable market.

The North America high voltage cable market analysis entails segmentation by end-user and installation. Market by installation includes submarine, underground, and overhead.

Under the water surface, power distribution is facilitated using submarine high voltage cables. Power from offshore electricity plants like solar and wind to onshore power grids is mostly transported via submarine cables. These cables have conductors made of copper or aluminum that are entirely protected from high-pressure deep water by XLPE insulation, metal sheath, armor, and bedding.

Urbanization, the necessity for island electrification and the growth of offshore power projects in Denmark and Sweden are some major factors driving the market for submarine cables. In addition, rising renewable energy demand brought on by the depletion of fossil fuels and the looming need to reduce pollution are anticipated to support the adoption of submarine cables in the next few years.

Furthermore, many governments have increased their investments in offshore energy projects, which call for numerous underwater cables. Due to the rising need for electrification on islands, the demand for undersea cables is expanding at a fast rate. As a result, various firms have increased their market share and geographic presence by producing and installing submarine cables in oil and gas industries and offshore wind and solar power plants.

Some key players in the North America high voltage cable market include Southwire Company LLC, Synergy Cables Ltd, etc.

Southwire Company LLC is a privately held, United States-based company founded in 1937. It is one of the leading solution providers for transmission, mining, and renewable energy. The company operates across seven distinct business segments: industrial, electrical, engineered products, OEM, energy, and tools & assembled products. The company’s product portfolio includes datacom & low voltage electronics wire, copper building wire, aluminum building wire, automotive cables, MC & type AC cable, building wire, etc. Southwire Company LLC is headquartered in Georgia, United States.

Southwire Company LLC produces a wide range of high voltage underground transmission cable systems such as high voltage power cables, high voltage bonding cables, high voltage cable boxes, high voltage switchgear & transformer termination, high voltage outdoor termination, high voltage joint, etc.

Report Synopsis

Report Scope

Details
Market Forecast Years 2023-2032
Base Year 2022
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Installation and End-User
Countries Analyzed United States and Canada
Companies Analyzed

Dubai Cable Company Pvt Ltd, Finolex Cables, Furukawa Electric Co Ltd, Hitachi Ltd, Nexans, NKT Cables, Prysmian Group, Tele-Fonika Kable SA, Siemens AG, Southwire LLC, Sumitomo Electric Industries Ltd, Synergy Cables Ltd, TBEA Co Ltd, Tratos

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
      • SCOPE OF MARKET
      • CRISIS SCENARIO ANALYSIS
      • MAJOR MARKET FINDINGS
        • RISE IN ONSHORE AND OFFSHORE PROJECTS
        • HIGH-RISE BUILDING CONSTRUCTIONS CREATE SCOPES FOR HVC
    1. MARKET DYNAMICS
      • KEY DRIVERS
        • DEVELOPMENTS IN EMERGING COUNTRIES
        • INCREASE IN INFRASTRUCTURE ACTIVITIES
      • KEY RESTRAINTS
        • VOLATILE PRICES OF METALS
    1. KEY ANALYTICS
      • PARENT MARKET ANALYSIS
      • KEY TECHNOLOGY TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • GROWTH PROSPECT MAPPING
        • CANADA
      • MARKET MATURITY ANALYSIS
      • MARKET CONCENTRATION ANALYSIS
      • KEY BUYING CRITERIA
        • COST
        • PRODUCT FEATURES
        • EFFICIENCY
      • VALUE CHAIN ANALYSIS
        • RAW MATERIALS
        • HVC MANUFACTURES
        • DISTRIBUTORS
        • END-USERS
    1. MARKET BY INSTALLATION
      • OVERHEAD
      • UNDERGROUND
      • SUBMARINE
    2. MARKET BY END-USER
      • INDUSTRIAL
        • POWER UTILITIES
        • OIL & GAS
        • MINING
        • CHEMICAL & PETROCHEMICAL
        • OTHER INDUSTRIAL END-USERS
      • RENEWABLE ENERGY
      • INFRASTRUCTURE
        • COMMERCIAL
        • RESIDENTIAL
    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • COUNTRY ANALYSIS
          • UNITED STATES
            • UNITED STATES HIGH VOLTAGE CABLE MARKET SIZE & OPPORTUNITIES
          • CANADA
            • CANADA HIGH VOLTAGE CABLE MARKET SIZE & OPPORTUNITIES
    1. COMPETITIVE LANDSCAPE
      • MARKET LEADER BOARD
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS
      • COMPANY PROFILES
        • DUBAI CABLE COMPANY PVT LTD
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • FINOLEX CABLES
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO
        • FURUKAWA ELECTRIC CO LTD
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • HITACHI LTD
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • NEXANS
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • NKT CABLES
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • PRYSMIAN GROUP
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • SIEMENS AG
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • SOUTHWIRE LLC
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • SUMITOMO ELECTRIC INDUSTRIES LTD
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • SYNERGY CABLES LTD
          • COMPANY DESCRIPTION
          • FINANCIAL ANALYSIS
          • PRODUCT PORTFOLIO
          • STRENGTHS & CHALLENGES
        • TBEA CO LTD
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO
        • TELE-FONIKA KABLE SA
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO
        • TRATOS
          • COMPANY DESCRIPTION
          • PRODUCT PORTFOLIO

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – HIGH VOLTAGE CABLE

    TABLE 2: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INSTALLATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INSTALLATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

    TABLE 4: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY END-USER, FORECAST YEARS, 2023-2032 (IN $ MILLION)

    TABLE 6: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, FORECAST YEARS, 2023-2032 (IN $ MILLION)

    TABLE 8: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

    TABLE 10: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

    TABLE 12: NORTH AMERICA HIGH VOLTAGE CABLE MARKET REGULATORY FRAMEWORK

    TABLE 13: KEY PLAYERS IN NORTH AMERICA HIGH VOLTAGE CABLE MARKET

    TABLE 14: LIST OF MERGERS & ACQUISITIONS

    TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 17: LIST OF BUSINESS EXPANSIONS

    LIST OF FIGURES

    FIGURE 1: SCOPE OF MARKET

    FIGURE 2: INTENSITY OF THE DRIVERS & RESTRAINTS

    FIGURE 3: KEY TECHNOLOGY TRENDS

    FIGURE 4: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 5: GROWTH PROSPECT MAPPING- CANADA

    FIGURE 6: MARKET MATURITY

    FIGURE 7: MARKET CONCENTRATION ANALYSIS

    FIGURE 8: KEY BUYING CRITERIA

    FIGURE 9: VALUE CHAIN ANALYSIS

    FIGURE 10: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, GROWTH POTENTIAL, BY INSTALLATION, IN 2022

    FIGURE 11: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY OVERHEAD, 2023-2032 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY UNDERGROUND, 2023-2032 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY SUBMARINE, 2023-2032 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022

    FIGURE 15: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, 2023-2032 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, GROWTH POTENTIAL, BY INDUSTRIAL, IN 2022

    FIGURE 17: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY POWER & UTILITIES, 2023-2032 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY OIL & GAS, 2023-2032 (IN $ MILLION)

    FIGURE 19: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY MINING, 2023-2032 (IN $ MILLION)

    FIGURE 20: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY CHEMICAL & PETROCHEMICAL, 2023-2032 (IN $ MILLION)

    FIGURE 21: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY OTHER INDUSTRIAL END-USERS, 2023-2032 (IN $ MILLION)

    FIGURE 22: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY RENEWABLE ENERGY, 2023-2032 (IN $ MILLION)

    FIGURE 23: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, 2023-2032 (IN $ MILLION)

    FIGURE 24: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, GROWTH POTENTIAL, BY INFRASTRUCTURE, IN 2022

    FIGURE 25: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY COMMERCIAL, 2023-2032 (IN $ MILLION)

    FIGURE 26: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, BY RESIDENTIAL, 2023-2032 (IN $ MILLION)

    FIGURE 27: NORTH AMERICA HIGH VOLTAGE CABLE MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

    FIGURE 28: UNITED STATES HIGH VOLTAGE CABLE MARKET, 2023-2032 (IN $ MILLION)

    FIGURE 29: CANADA HIGH VOLTAGE CABLE MARKET, 2023-2032 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • COUNTRY ANALYSIS
          • UNITED STATES
            • UNITED STATES HIGH VOLTAGE CABLE MARKET SIZE & OPPORTUNITIES
          • CANADA
            • CANADA HIGH VOLTAGE CABLE MARKET SIZE & OPPORTUNITIES
    1. MARKET BY INSTALLATION
      • OVERHEAD
      • UNDERGROUND
      • SUBMARINE
    2. MARKET BY END-USER
      • INDUSTRIAL
        • POWER UTILITIES
        • OIL & GAS
        • MINING
        • CHEMICAL & PETROCHEMICAL
        • OTHER INDUSTRIAL END-USERS
      • RENEWABLE ENERGY
      • INFRASTRUCTURE
        • COMMERCIAL
        • RESIDENTIAL

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


      Choose License Type