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High Voltage Cables Market Growth Drivers, Regional Analysis, Industry Trends and Forecast by 2025

Author : Rahul Sankrityayan | Published Date : 2019-10-21 

The High Voltage Cables Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

Open Access Government estimates that the world consumes 93,000 m3 of natural gas, 1066 barrels of oil and 221 tons of coal every second. The carbon emitted through these consumption practices has a detrimental effect on the environment. This will increase the demand for renewables and impel high voltage cables market expansion.

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The Paris Agreement has played an important role in urging several nations to accelerate the pace of transition toward renewables. Renewable energy is now regarded as the second largest source of electricity in the United Kingdom. The rising inclination toward renewables will propel the regional high voltage cables market size.

The rising need to achieve energy efficiency is propelling the widescale adoption of smart grid technology. Smart grids bring forth energy reliability, cost saving and energy consumption management and will also open up growth prospects for high voltage cables market in the upcoming years.

Many countries are facing the challenge of maintaining and upgrading their respective energy distribution network. Rapidly ageing energy distribution infrastructure will fuel North America high voltage cables industry share. The U.S. power distribution infrastructure is estimated to be worth approximately $876 billion. The U.S. Department of Energy claims that 75% of the nation’s high voltage transmission lines and transformers are well over 25 years old.

The rising need for modernization of the power infrastructure in the U.S. will drive North America high voltage cables market outlook. Global Market Insights, Inc., anticipates high voltage cables market size to grow at a CAGR of 8.8% over 2019-2025

Partial Table of Contents (ToC) of the report:

Chapter 4 High Voltage Cables Market, By Voltage

4.1 Global high voltage cables market share by voltage, 2018 & 2025

4.2 50 kV – 110 kV

4.2.1 Global market from 50 kV – 110 kV, 2014 - 2025

4.2.2 Global market from 50 kV – 110 kV, by region, 2014 - 2025

4.3 115 kV – 330 kV

4.3.1 Global market from 115 kV – 330 kV, 2014 - 2025

4.3.2 Global market from 115 kV – 330 kV, by region, 2014 - 2025

4.4 > 330 kV

4.4.1 Global market from > 330 kV, 2014 - 2025

4.4.2 Global market from > 330 kV, by region, 2014 - 2025

Chapter 5 High Voltage Cables Market, By Application

5.1 Global high voltage cables market share by application, 2018 & 2025

5.2 Utility

5.2.1 Global market from utility, 2014 - 2025

5.2.2 Global market from utility, by region, 2014 - 2025

5.3 Industrial

5.3.1 Global market from industrial, 2014 - 2025

5.3.2 Global market from industrial, by region, 2014 - 2025

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/high-voltage-cables-market

Close to two million homes across Australia have solar energy systems installed on their rooftops. Today, electricity generation across the country is increasing rapidly in response to favorable Australian government’s policies, especially the Renewable Energy Target. The Australian Government aims to establish a solar power generation capacity of approximately 1000 megawatts (MW). This trend will help to drive the regional high voltage cables industry share.

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https://www.marketwatch.com/press-release/gas-insulated-transformer-market-2019-by-industry-trend-growth-and-regional-forecast-to-2025-2019-10-21

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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