𝐅𝐮𝐭𝐮𝐫𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐟 𝐇𝐢𝐠𝐡 𝐕𝐨𝐥𝐭𝐚𝐠𝐞 𝐂𝐚𝐛𝐥𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 - 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐏𝐃𝐅 𝐆𝐮𝐢𝐝𝐞 

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐇𝐞𝐫𝐞:  https://lnkd.in/dWwBRZCf

A High-Voltage Cable is a cable used for electric power transmission at high voltage. A cable includes a conductor and insulation. Cables are considered to be fully insulated. This means that they have a fully rated insulation system that will consist of insulation, semi-con layers, and a metallic shield. Global High Voltage Cable Industry accounted to US$ 28.8 Bn in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period 2019 – 2027, to account to US$ 47.8 Mn by 2027.

The High Voltage Cable Industry is led by the Asia Pacific region in 2018, followed by Europe in the second position. The dominance of the Asia Pacific region is chiefly attributed to the rising electricity demand and the vast potential for renewable energy generation. As per the International Renewable Energy Agency (IRENA), the region accounts for more than 50% of the global energy consumption, and energy produced using fossil fuel resources continue to account for more than 85% of this. Despite this, a huge part of the population still lacks basic access to electricity. Power demands are expected to rise in this region majorly due to urbanization, industrialization, offshore renewable energy farms, offshore oil and gas fields, power infrastructure development, and remote area electrification, among other factors. 
 
Top Key Players:
Siemens AG
Southwire Company, LLC
Sumitomo Electric Industries, Ltd.

#highvoltage #voltage #cable #wire #eletric #power #electricity #lowvoltage #infrastructure #europe #offshore #development
#renewableenergy #energy