High Voltage Cables and Accessories Market Size, Analysis, and Forecast Report 2Posted by Jitendra Magar on January 19th, 2018 High Voltage Cables & Accessories Global Market – Overview The global high voltage cables & accessories market has witnessed a remarkable growth in the past few years and it has been anticipated that the market will grow at the rapid pace during the forecast period. This growth is mainly attributed towards the growing offshore wind farms, high voltage direct current links, and grid interconnections. Increasing need for grid interconnections is resulting in rising investments in the new submarine and underground cables and accessories market. The upcoming projects for the overhead transmission lines would also boost the demand for high voltage cables and accessories systems. The global high voltage cables & accessories market is primarily driven by the growing demand from industries and energy distribution centres. Across the globe, industries are investing the development or updating the infrastructure to accommodate the power transmission requirements. As per the study conducted by Market Research Future, the global market for high voltage cables & accessories is likely to grow at the CAGR of around 6%. Any voltage above 1,000 volts is defined as the high voltage. High voltage cables are used for electric power transmission at high voltage. This kind of cables are manufactured with the protective jacket, insulation and one or more conductors. High voltage cables can be used for underground & underwater applications, buildings and overhead lines to transmit electricity. The insulation of the high voltage cables does not deteriorate due to high voltage. For the insulation purpose or to control the electric field around the conductor, high voltage cables have additional layers. The cables with higher power distribution capacity are insulated with oil and paper. The insulation over the cable prevents the direct contact with persons and other objects as well. The length of the high voltage cable varies as per the application and requirement. For instance, high voltage cables of longer length are used in an industrial application and as well as at buildings and shorter cables are used in the apparatus. However, high voltage cables & accessories require specialized nature of work and conditions in overhead, underground and submarine conditions. XLPE (cross-linked polyethylene) cables are the most commonly used cables in underground systems. The cable technology gained a significant advancement which has enabled the use of XLPE cables over the fluid-filled cable technology. XLPE provides insulation to cables to make it withstand the electric field under rated and transient operating conditions. The XLPE cable was the largest segment in the underground cable systems market in 2016. The market in Asia Pacific is the largest market for XLPE cables segment because of the investments in the transmission and distribution sector, increasing power generation, and growth in offshore wind farms. All these factors are expected to boost the XLPE cables segment in high voltage cables and accessories market. The high voltage cables and accessories market is segmented by installation into products specific for overhead, underground, and submarine cable systems. In the underground and submarine products, cable joints and terminations are the two major accessories needed to connect cable splices to another cable or terminal equipment. On the other hand, overhead high voltage cables use long conducting wires for power transmission, which are held tightly over high towers with the help of fittings and fixtures. Mass Impregnated (MI) cable is a cable that is extensively used in submarine for high voltage applications. The current carrying capacity of MI cables differentiate it from XLPE (cross-linked polyethylene) cables or other types of cables. MI cables are environment-friendly and contain no free oil. Thus, the electric field around the cable is zero even under the most stringent operational conditions because of the metallic sheath. The market of MI cables is projected to grow at the highest CAGR among all product segments under the underground high voltage cables and accessories market during the forecast period. Key Players for High Voltage Cables & Accessories Market:
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/908 Regional Analysis of High Voltage Cables & Accessories Market: Asia-Pacific was estimated to be the largest market for high voltage cables & accessories in 2014. Globally, China held the largest share within the High Voltage Cables & Accessories market as compared to other countries in 2014. Other key markets include the U.S., Germany, UK, India, Brazil and Egypt. Europe and Asia-Pacific market are expected to be experience rapid growth during the forecast period. Segments: Global High Voltage Cables & Accessories has been segmented: On the basis of type
On the basis of product Overhead products
Underground & Submarine products
On the basis of region
Access Report Detail @ https://www.marketresearchfuture.com/reports/high-voltage-cables-accessories-market About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Like it? Share it! More by this author |