Global Extra High Voltage Power Cable Market 2022-2030

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    GLOBAL EXTRA HIGH VOLTAGE POWER CABLE MARKET

     

    INTRODUCTION

    A crucial component of the electrical system’s backbone is extra high voltage power wire. The cabling’s quality has a significant impact on the electric power transmission system’s dependability and safety.

     

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    Extra high voltage cable is used extensively in the steel, water, renewable energy, nuclear and thermal power generation, airport, railway, and other manufacturing sectors as well as many other industries involved in power transmission and distribution. a cable used for high-voltage electric power transmission.

     

    A cable has an insulation layer and a conductor, and it can be buried or submerged. Suitable for underground duct installation, direct burial, open tray installation, and power transmission networks.

     

     

    EXTRA HIGH POWER CABLE MARKET SIZE AND FORECAST

     

    The  global extra high voltage power cable market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

     

    RECENT PRODUCT DEVELOPMENT AND INNOVATION

    For the creation of power transmission networks, Prysmian Group is prepared to introduce a new, ground-breaking cable technology i.e., P-Laser 600 kV cable system  that will guarantee improved electrical performance, cheaper costs, and more environmental sustainability.

     

    India’s power industry will move into a new era when the government-run Power Grid Corp operates a 1,200-Kv ultra-high voltage (UHV) test station and experimental lines in Bina, Madhya Pradesh.

     

    MARKET DYNAMICS

    From Japan’s era of high speed economic growth till the present, Furukawa Electric’s Extra high voltage underground power transmission cable has helped to establish the underground power transmission network.

     

    Additionally, it was involved in the construction of the first 500 kV power transmission line in the world, which received high praise for its technological prowess.

     

    A limited notice to proceed (LNTP) from Samsung C&T Corporation has been given to Sumitomo Electric Industries, Ltd. for the delivery of a high-voltage direct current (HVDC) cable for Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates (UAE).

     

    With a route length of roughly 140 km and cutting-edge 400 kV DC Cross-Linked Polyethylene (XLPE) cable technology from Sumitomo Electric, this is the first submarine HVDC network of its sort in the Middle East. Under this LNTP, the initial engineering work will start, then a full contract will be awarded, and finally a financial investment decision will be made.

     

    The estimated cost of the project is $200 million USD, and system operation is scheduled to begin in 2025.

     

    The U.S. division of Taihan Cable & Solution, T.E. USA also received a contract to supply an ultra-high-voltage power grid in California, according to the company’s announcement.

     

    To maintain the electricity supply in major cities, this project entails the construction of a 230kV subterranean power infrastructure that will connect sizable offshore wind power producing complexes and power systems.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per  global extra high voltage power cable market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a  global extra high voltage power cable market in the US, Europe and China?
    3. How many  global extra high voltage power cable markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a  global extra high voltage power cable market and key vendor selection criteria
    6. Where is the  global extra high voltage power cable market manufactured? What is the average margin per equipment?
    7. Market share of  global extra high voltage power cable market manufacturers and their upcoming products
    8. The most important planned  global extra high voltage power cable market in next 2 years
    9. Details on network of major  global extra high voltage power cable market and pricing plans
    10. Cost advantage for OEMs who manufacture global extra high voltage power cable market in-house
    11. 5 key predictions for next 5 years in global extra high voltage power cable market
    12. Average B-2-B  global extra high voltage power cable market price in all segments
    13. Latest trends in  global extra high voltage power cable market, by every market segment
    14. The market size (both volume and value) of the global extra high voltage power cable market in 2022-2030 and every year in between?
    15. Global production breakup of global extra high voltage power cable market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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