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High Voltage Wind Cable-Global Market Insights and Sales Trends 2024
Synopsis
High voltage wind cables refer to specialized cables designed for wind energy applications, particularly for transmitting high voltage electrical power generated by wind turbines. Wind turbines generate electricity through their rotating blades, which turns a generator to produce electrical energy. This energy needs to be efficiently transported from the wind turbine to substations or the power grid.
The global High Voltage Wind Cable market size is expected to reach US$ 3303.1 million by 2029, growing at a CAGR of 15.2% from 2023 to 2029. The market is mainly driven by the significant applications of High Voltage Wind Cable in various end use industries. The expanding demands from the Intertidal Wind Power and Nearshore Wind Power, are propelling High Voltage Wind Cable market. XLPE Cable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the PVC Cable segment is estimated at % CAGR for the next seven-year period.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Voltage Wind Cable, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Voltage Wind Cable market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Voltage Wind Cable market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Voltage Wind Cable sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Voltage Wind Cable covered in this report include Prysmian, Nexans, General Cable, NKT, ZTT GROUP, Sumitomo Electric Industries, Able UK, Brugg Cables and Fujikura, etc.
The global High Voltage Wind Cable market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Prysmian
Nexans
General Cable
NKT
ZTT GROUP
Sumitomo Electric Industries
Able UK
Brugg Cables
Fujikura
Dongfang Cable
JDR Cables
LS Cable and System
Hengtong Group
Global High Voltage Wind Cable market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Voltage Wind Cable market, Segment by Type:
XLPE Cable
PVC Cable
Global High Voltage Wind Cable market, by Application
Intertidal Wind Power
Nearshore Wind Power
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Voltage Wind Cable manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Voltage Wind Cable in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
High voltage wind cables refer to specialized cables designed for wind energy applications, particularly for transmitting high voltage electrical power generated by wind turbines. Wind turbines generate electricity through their rotating blades, which turns a generator to produce electrical energy. This energy needs to be efficiently transported from the wind turbine to substations or the power grid.
The global High Voltage Wind Cable market size is expected to reach US$ 3303.1 million by 2029, growing at a CAGR of 15.2% from 2023 to 2029. The market is mainly driven by the significant applications of High Voltage Wind Cable in various end use industries. The expanding demands from the Intertidal Wind Power and Nearshore Wind Power, are propelling High Voltage Wind Cable market. XLPE Cable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the PVC Cable segment is estimated at % CAGR for the next seven-year period.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Voltage Wind Cable, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Voltage Wind Cable market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Voltage Wind Cable market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Voltage Wind Cable sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Voltage Wind Cable covered in this report include Prysmian, Nexans, General Cable, NKT, ZTT GROUP, Sumitomo Electric Industries, Able UK, Brugg Cables and Fujikura, etc.
The global High Voltage Wind Cable market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Prysmian
Nexans
General Cable
NKT
ZTT GROUP
Sumitomo Electric Industries
Able UK
Brugg Cables
Fujikura
Dongfang Cable
JDR Cables
LS Cable and System
Hengtong Group
Global High Voltage Wind Cable market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Voltage Wind Cable market, Segment by Type:
XLPE Cable
PVC Cable
Global High Voltage Wind Cable market, by Application
Intertidal Wind Power
Nearshore Wind Power
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Voltage Wind Cable manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Voltage Wind Cable in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 High Voltage Wind Cable Market Overview
1.1 High Voltage Wind Cable Product Overview
1.2 High Voltage Wind Cable Market Segment by Type
1.2.1 XLPE Cable
1.2.2 PVC Cable
1.3 Global High Voltage Wind Cable Market Size by Type
1.3.1 Global High Voltage Wind Cable Market Size Overview by Type (2018-2029)
1.3.2 Global High Voltage Wind Cable Historic Market Size Review by Type (2018-2023)
1.3.3 Global High Voltage Wind Cable Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America High Voltage Wind Cable Sales Breakdown by Type (2018-2023)
1.4.2 Europe High Voltage Wind Cable Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific High Voltage Wind Cable Sales Breakdown by Type (2018-2023)
1.4.4 Latin America High Voltage Wind Cable Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa High Voltage Wind Cable Sales Breakdown by Type (2018-2023)
2 Global High Voltage Wind Cable Market Competition by Company
2.1 Global Top Players by High Voltage Wind Cable Sales (2018-2023)
2.2 Global Top Players by High Voltage Wind Cable Revenue (2018-2023)
2.3 Global Top Players by High Voltage Wind Cable Price (2018-2023)
2.4 Global Top Manufacturers High Voltage Wind Cable Manufacturing Base Distribution, Sales Area, Product Type
2.5 High Voltage Wind Cable Market Competitive Situation and Trends
2.5.1 High Voltage Wind Cable Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by High Voltage Wind Cable Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in High Voltage Wind Cable as of 2022)
2.7 Date of Key Manufacturers Enter into High Voltage Wind Cable Market
2.8 Key Manufacturers High Voltage Wind Cable Product Offered
2.9 Mergers & Acquisitions, Expansion
3 High Voltage Wind Cable Status and Outlook by Region
3.1 Global High Voltage Wind Cable Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global High Voltage Wind Cable Historic Market Size by Region
3.2.1 Global High Voltage Wind Cable Sales in Volume by Region (2018-2023)
3.2.2 Global High Voltage Wind Cable Sales in Value by Region (2018-2023)
3.2.3 Global High Voltage Wind Cable Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global High Voltage Wind Cable Forecasted Market Size by Region
3.3.1 Global High Voltage Wind Cable Sales in Volume by Region (2024-2029)
3.3.2 Global High Voltage Wind Cable Sales in Value by Region (2024-2029)
3.3.3 Global High Voltage Wind Cable Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global High Voltage Wind Cable by Application
4.1 High Voltage Wind Cable Market Segment by Application
4.1.1 Intertidal Wind Power
4.1.2 Nearshore Wind Power
4.2 Global High Voltage Wind Cable Market Size by Application
4.2.1 Global High Voltage Wind Cable Market Size Overview by Application (2018-2029)
4.2.2 Global High Voltage Wind Cable Historic Market Size Review by Application (2018-2023)
4.2.3 Global High Voltage Wind Cable Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America High Voltage Wind Cable Sales Breakdown by Application (2018-2023)
4.3.2 Europe High Voltage Wind Cable Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific High Voltage Wind Cable Sales Breakdown by Application (2018-2023)
4.3.4 Latin America High Voltage Wind Cable Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa High Voltage Wind Cable Sales Breakdown by Application (2018-2023)
5 North America High Voltage Wind Cable by Country
5.1 North America High Voltage Wind Cable Historic Market Size by Country
5.1.1 North America High Voltage Wind Cable Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America High Voltage Wind Cable Sales in Volume by Country (2018-2023)
5.1.3 North America High Voltage Wind Cable Sales in Value by Country (2018-2023)
5.2 North America High Voltage Wind Cable Forecasted Market Size by Country
5.2.1 North America High Voltage Wind Cable Sales in Volume by Country (2024-2029)
5.2.2 North America High Voltage Wind Cable Sales in Value by Country (2024-2029)
6 Europe High Voltage Wind Cable by Country
6.1 Europe High Voltage Wind Cable Historic Market Size by Country
6.1.1 Europe High Voltage Wind Cable Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe High Voltage Wind Cable Sales in Volume by Country (2018-2023)
6.1.3 Europe High Voltage Wind Cable Sales in Value by Country (2018-2023)
6.2 Europe High Voltage Wind Cable Forecasted Market Size by Country
6.2.1 Europe High Voltage Wind Cable Sales in Volume by Country (2024-2029)
6.2.2 Europe High Voltage Wind Cable Sales in Value by Country (2024-2029)
7 Asia-Pacific High Voltage Wind Cable by Region
7.1 Asia-Pacific High Voltage Wind Cable Historic Market Size by Region
7.1.1 Asia-Pacific High Voltage Wind Cable Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific High Voltage Wind Cable Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific High Voltage Wind Cable Sales in Value by Region (2018-2023)
7.2 Asia-Pacific High Voltage Wind Cable Forecasted Market Size by Region
7.2.1 Asia-Pacific High Voltage Wind Cable Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific High Voltage Wind Cable Sales in Value by Region (2024-2029)
8 Latin America High Voltage Wind Cable by Country
8.1 Latin America High Voltage Wind Cable Historic Market Size by Country
8.1.1 Latin America High Voltage Wind Cable Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America High Voltage Wind Cable Sales in Volume by Country (2018-2023)
8.1.3 Latin America High Voltage Wind Cable Sales in Value by Country (2018-2023)
8.2 Latin America High Voltage Wind Cable Forecasted Market Size by Country
8.2.1 Latin America High Voltage Wind Cable Sales in Volume by Country (2024-2029)
8.2.2 Latin America High Voltage Wind Cable Sales in Value by Country (2024-2029)
9 Middle East and Africa High Voltage Wind Cable by Country
9.1 Middle East and Africa High Voltage Wind Cable Historic Market Size by Country
9.1.1 Middle East and Africa High Voltage Wind Cable Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa High Voltage Wind Cable Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa High Voltage Wind Cable Sales in Value by Country (2018-2023)
9.2 Middle East and Africa High Voltage Wind Cable Forecasted Market Size by Country
9.2.1 Middle East and Africa High Voltage Wind Cable Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa High Voltage Wind Cable Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Prysmian
10.1.1 Prysmian Company Information
10.1.2 Prysmian Introduction and Business Overview
10.1.3 Prysmian High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Prysmian High Voltage Wind Cable Products Offered
10.1.5 Prysmian Recent Development
10.2 Nexans
10.2.1 Nexans Company Information
10.2.2 Nexans Introduction and Business Overview
10.2.3 Nexans High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nexans High Voltage Wind Cable Products Offered
10.2.5 Nexans Recent Development
10.3 General Cable
10.3.1 General Cable Company Information
10.3.2 General Cable Introduction and Business Overview
10.3.3 General Cable High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.3.4 General Cable High Voltage Wind Cable Products Offered
10.3.5 General Cable Recent Development
10.4 NKT
10.4.1 NKT Company Information
10.4.2 NKT Introduction and Business Overview
10.4.3 NKT High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.4.4 NKT High Voltage Wind Cable Products Offered
10.4.5 NKT Recent Development
10.5 ZTT GROUP
10.5.1 ZTT GROUP Company Information
10.5.2 ZTT GROUP Introduction and Business Overview
10.5.3 ZTT GROUP High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ZTT GROUP High Voltage Wind Cable Products Offered
10.5.5 ZTT GROUP Recent Development
10.6 Sumitomo Electric Industries
10.6.1 Sumitomo Electric Industries Company Information
10.6.2 Sumitomo Electric Industries Introduction and Business Overview
10.6.3 Sumitomo Electric Industries High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sumitomo Electric Industries High Voltage Wind Cable Products Offered
10.6.5 Sumitomo Electric Industries Recent Development
10.7 Able UK
10.7.1 Able UK Company Information
10.7.2 Able UK Introduction and Business Overview
10.7.3 Able UK High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Able UK High Voltage Wind Cable Products Offered
10.7.5 Able UK Recent Development
10.8 Brugg Cables
10.8.1 Brugg Cables Company Information
10.8.2 Brugg Cables Introduction and Business Overview
10.8.3 Brugg Cables High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Brugg Cables High Voltage Wind Cable Products Offered
10.8.5 Brugg Cables Recent Development
10.9 Fujikura
10.9.1 Fujikura Company Information
10.9.2 Fujikura Introduction and Business Overview
10.9.3 Fujikura High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Fujikura High Voltage Wind Cable Products Offered
10.9.5 Fujikura Recent Development
10.10 Dongfang Cable
10.10.1 Dongfang Cable Company Information
10.10.2 Dongfang Cable Introduction and Business Overview
10.10.3 Dongfang Cable High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Dongfang Cable High Voltage Wind Cable Products Offered
10.10.5 Dongfang Cable Recent Development
10.11 JDR Cables
10.11.1 JDR Cables Company Information
10.11.2 JDR Cables Introduction and Business Overview
10.11.3 JDR Cables High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.11.4 JDR Cables High Voltage Wind Cable Products Offered
10.11.5 JDR Cables Recent Development
10.12 LS Cable and System
10.12.1 LS Cable and System Company Information
10.12.2 LS Cable and System Introduction and Business Overview
10.12.3 LS Cable and System High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.12.4 LS Cable and System High Voltage Wind Cable Products Offered
10.12.5 LS Cable and System Recent Development
10.13 Hengtong Group
10.13.1 Hengtong Group Company Information
10.13.2 Hengtong Group Introduction and Business Overview
10.13.3 Hengtong Group High Voltage Wind Cable Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hengtong Group High Voltage Wind Cable Products Offered
10.13.5 Hengtong Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 High Voltage Wind Cable Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 High Voltage Wind Cable Industrial Chain Analysis
11.4 High Voltage Wind Cable Market Dynamics
11.4.1 High Voltage Wind Cable Industry Trends
11.4.2 High Voltage Wind Cable Market Drivers
11.4.3 High Voltage Wind Cable Market Challenges
11.4.4 High Voltage Wind Cable Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 High Voltage Wind Cable Distributors
12.3 High Voltage Wind Cable Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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