
The global HV Power Cable market size is predicted to grow from US$ 8156 million in 2025 to US$ 10600 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.
High Voltage (HV) Power Cable, also known as high-tension cable or high-voltage cable, is an electrical cable designed and manufactured to transmit electric power at high voltages. These cables are typically used in a wide range of applications where the transmission of electrical energy over long distances, interconnections within power grids, or in industrial installations requires the use of high voltage to minimize energy loss and improve efficiency.
Renewable Energy Projects: The continued expansion of renewable energy projects, such as wind farms and solar installations, drove demand for HV power cables to transmit electrical energy from remote generation sites to urban centers.
Grid Modernization: Aging power infrastructure in many regions, especially in developed countries, led to investments in grid modernization. This involved the replacement and upgrading of power cables to enhance grid reliability and efficiency.
Underground Cabling: The trend of underground cabling for HV power transmission continued, driven by the benefits of reduced visual impact, improved environmental aesthetics, and enhanced reliability compared to overhead lines.
HVDC (High-Voltage Direct Current) Transmission: HVDC transmission is gaining popularity for long-distance power transmission and interconnecting power grids. HVDC cables are used for this purpose, and the adoption of HVDC systems increased.
Submarine Power Cables: The growth of offshore wind farms and the need to transmit power from these facilities to the mainland have driven the demand for submarine power cables, which are a specialized type of HV power cable.
The “HV Power Cable Industry Forecast” looks at past sales and reviews total world HV Power Cable sales in 2024, providing a comprehensive analysis by region and market sector of projected HV Power Cable sales for 2025 through 2031. With HV Power Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HV Power Cable industry.
This Insight Report provides a comprehensive analysis of the global HV Power Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HV Power Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HV Power Cable market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HV Power Cable and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HV Power Cable.
This report presents a comprehensive overview, market shares, and growth opportunities of HV Power Cable market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
AC Power Cable
DC Power Cable
Segmentation by Application:
Utility
Industrial
Renewable Energy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Prysmian
Nexans
LS Cable & System
Far East Cable
Shangshang Cable
Baosheng Cable
Southwire
Jiangnan Cable
Sumitomo Electric
NKT Cables
TF Kable
Hanhe Cable
Furukawa Electric
Okonite
Condumex
Riyadh Cables
Elsewedy Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global HV Power Cable market?
What factors are driving HV Power Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HV Power Cable market opportunities vary by end market size?
How does HV Power Cable break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global HV Power Cable Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for HV Power Cable by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for HV Power Cable by Country/Region, 2020, 2024 & 2031
2.2 HV Power Cable Segment by Type
2.2.1 AC Power Cable
2.2.2 DC Power Cable
2.3 HV Power Cable Sales by Type
2.3.1 Global HV Power Cable Sales Market Share by Type (2020-2025)
2.3.2 Global HV Power Cable Revenue and Market Share by Type (2020-2025)
2.3.3 Global HV Power Cable Sale Price by Type (2020-2025)
2.4 HV Power Cable Segment by Application
2.4.1 Utility
2.4.2 Industrial
2.4.3 Renewable Energy
2.5 HV Power Cable Sales by Application
2.5.1 Global HV Power Cable Sale Market Share by Application (2020-2025)
2.5.2 Global HV Power Cable Revenue and Market Share by Application (2020-2025)
2.5.3 Global HV Power Cable Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global HV Power Cable Breakdown Data by Company
3.1.1 Global HV Power Cable Annual Sales by Company (2020-2025)
3.1.2 Global HV Power Cable Sales Market Share by Company (2020-2025)
3.2 Global HV Power Cable Annual Revenue by Company (2020-2025)
3.2.1 Global HV Power Cable Revenue by Company (2020-2025)
3.2.2 Global HV Power Cable Revenue Market Share by Company (2020-2025)
3.3 Global HV Power Cable Sale Price by Company
3.4 Key Manufacturers HV Power Cable Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers HV Power Cable Product Location Distribution
3.4.2 Players HV Power Cable Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for HV Power Cable by Geographic Region
4.1 World Historic HV Power Cable Market Size by Geographic Region (2020-2025)
4.1.1 Global HV Power Cable Annual Sales by Geographic Region (2020-2025)
4.1.2 Global HV Power Cable Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic HV Power Cable Market Size by Country/Region (2020-2025)
4.2.1 Global HV Power Cable Annual Sales by Country/Region (2020-2025)
4.2.2 Global HV Power Cable Annual Revenue by Country/Region (2020-2025)
4.3 Americas HV Power Cable Sales Growth
4.4 APAC HV Power Cable Sales Growth
4.5 Europe HV Power Cable Sales Growth
4.6 Middle East & Africa HV Power Cable Sales Growth
5 Americas
5.1 Americas HV Power Cable Sales by Country
5.1.1 Americas HV Power Cable Sales by Country (2020-2025)
5.1.2 Americas HV Power Cable Revenue by Country (2020-2025)
5.2 Americas HV Power Cable Sales by Type (2020-2025)
5.3 Americas HV Power Cable Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC HV Power Cable Sales by Region
6.1.1 APAC HV Power Cable Sales by Region (2020-2025)
6.1.2 APAC HV Power Cable Revenue by Region (2020-2025)
6.2 APAC HV Power Cable Sales by Type (2020-2025)
6.3 APAC HV Power Cable Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe HV Power Cable by Country
7.1.1 Europe HV Power Cable Sales by Country (2020-2025)
7.1.2 Europe HV Power Cable Revenue by Country (2020-2025)
7.2 Europe HV Power Cable Sales by Type (2020-2025)
7.3 Europe HV Power Cable Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa HV Power Cable by Country
8.1.1 Middle East & Africa HV Power Cable Sales by Country (2020-2025)
8.1.2 Middle East & Africa HV Power Cable Revenue by Country (2020-2025)
8.2 Middle East & Africa HV Power Cable Sales by Type (2020-2025)
8.3 Middle East & Africa HV Power Cable Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of HV Power Cable
10.3 Manufacturing Process Analysis of HV Power Cable
10.4 Industry Chain Structure of HV Power Cable
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 HV Power Cable Distributors
11.3 HV Power Cable Customer
12 World Forecast Review for HV Power Cable by Geographic Region
12.1 Global HV Power Cable Market Size Forecast by Region
12.1.1 Global HV Power Cable Forecast by Region (2026-2031)
12.1.2 Global HV Power Cable Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global HV Power Cable Forecast by Type (2026-2031)
12.7 Global HV Power Cable Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Prysmian
13.1.1 Prysmian Company Information
13.1.2 Prysmian HV Power Cable Product Portfolios and Specifications
13.1.3 Prysmian HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Prysmian Main Business Overview
13.1.5 Prysmian Latest Developments
13.2 Nexans
13.2.1 Nexans Company Information
13.2.2 Nexans HV Power Cable Product Portfolios and Specifications
13.2.3 Nexans HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Nexans Main Business Overview
13.2.5 Nexans Latest Developments
13.3 LS Cable & System
13.3.1 LS Cable & System Company Information
13.3.2 LS Cable & System HV Power Cable Product Portfolios and Specifications
13.3.3 LS Cable & System HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 LS Cable & System Main Business Overview
13.3.5 LS Cable & System Latest Developments
13.4 Far East Cable
13.4.1 Far East Cable Company Information
13.4.2 Far East Cable HV Power Cable Product Portfolios and Specifications
13.4.3 Far East Cable HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Far East Cable Main Business Overview
13.4.5 Far East Cable Latest Developments
13.5 Shangshang Cable
13.5.1 Shangshang Cable Company Information
13.5.2 Shangshang Cable HV Power Cable Product Portfolios and Specifications
13.5.3 Shangshang Cable HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Shangshang Cable Main Business Overview
13.5.5 Shangshang Cable Latest Developments
13.6 Baosheng Cable
13.6.1 Baosheng Cable Company Information
13.6.2 Baosheng Cable HV Power Cable Product Portfolios and Specifications
13.6.3 Baosheng Cable HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Baosheng Cable Main Business Overview
13.6.5 Baosheng Cable Latest Developments
13.7 Southwire
13.7.1 Southwire Company Information
13.7.2 Southwire HV Power Cable Product Portfolios and Specifications
13.7.3 Southwire HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Southwire Main Business Overview
13.7.5 Southwire Latest Developments
13.8 Jiangnan Cable
13.8.1 Jiangnan Cable Company Information
13.8.2 Jiangnan Cable HV Power Cable Product Portfolios and Specifications
13.8.3 Jiangnan Cable HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Jiangnan Cable Main Business Overview
13.8.5 Jiangnan Cable Latest Developments
13.9 Sumitomo Electric
13.9.1 Sumitomo Electric Company Information
13.9.2 Sumitomo Electric HV Power Cable Product Portfolios and Specifications
13.9.3 Sumitomo Electric HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Sumitomo Electric Main Business Overview
13.9.5 Sumitomo Electric Latest Developments
13.10 NKT Cables
13.10.1 NKT Cables Company Information
13.10.2 NKT Cables HV Power Cable Product Portfolios and Specifications
13.10.3 NKT Cables HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 NKT Cables Main Business Overview
13.10.5 NKT Cables Latest Developments
13.11 TF Kable
13.11.1 TF Kable Company Information
13.11.2 TF Kable HV Power Cable Product Portfolios and Specifications
13.11.3 TF Kable HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 TF Kable Main Business Overview
13.11.5 TF Kable Latest Developments
13.12 Hanhe Cable
13.12.1 Hanhe Cable Company Information
13.12.2 Hanhe Cable HV Power Cable Product Portfolios and Specifications
13.12.3 Hanhe Cable HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hanhe Cable Main Business Overview
13.12.5 Hanhe Cable Latest Developments
13.13 Furukawa Electric
13.13.1 Furukawa Electric Company Information
13.13.2 Furukawa Electric HV Power Cable Product Portfolios and Specifications
13.13.3 Furukawa Electric HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Furukawa Electric Main Business Overview
13.13.5 Furukawa Electric Latest Developments
13.14 Okonite
13.14.1 Okonite Company Information
13.14.2 Okonite HV Power Cable Product Portfolios and Specifications
13.14.3 Okonite HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Okonite Main Business Overview
13.14.5 Okonite Latest Developments
13.15 Condumex
13.15.1 Condumex Company Information
13.15.2 Condumex HV Power Cable Product Portfolios and Specifications
13.15.3 Condumex HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Condumex Main Business Overview
13.15.5 Condumex Latest Developments
13.16 Riyadh Cables
13.16.1 Riyadh Cables Company Information
13.16.2 Riyadh Cables HV Power Cable Product Portfolios and Specifications
13.16.3 Riyadh Cables HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Riyadh Cables Main Business Overview
13.16.5 Riyadh Cables Latest Developments
13.17 Elsewedy Electric
13.17.1 Elsewedy Electric Company Information
13.17.2 Elsewedy Electric HV Power Cable Product Portfolios and Specifications
13.17.3 Elsewedy Electric HV Power Cable Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Elsewedy Electric Main Business Overview
13.17.5 Elsewedy Electric Latest Developments
14 Research Findings and Conclusion
*If Applicable.
