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Download Free sampleThe global Extra High Voltage Cables market was valued at 188.18 Million USD in 2021 and will grow with a CAGR of 5.47% from 2021 to 2027, based on Research newly published report.
The prime objective of Extra High Voltage Cables Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Extra High Voltage Cables Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An extra high-voltage cable (EHV cable) is a cable used for electric power transmission at extra high voltage. A cable includes a conductor and insulation. The extra high voltage is between 230KV to 1000KV.In the coming years there is an increasing demand for extra high voltage cables in the regions of Europe and USA that is expected to drive the market for more advanced extra high voltage cables. Increasing of electricity industry fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on infrastructure, retrofitting and renovation of old technology, increasing adoption of extra high voltage cables in APAC will drive growth in global market. Globally, the extra high voltage cables industry market is low concentrated as the manufacturing technology of extra high voltage cables is relatively matures than some high-tech equipment. And some enterprises, like Nexans, General Cable, SEI and Southwire, etc. are well-known for the wonderful performance of their extra high voltage cables and related services. The consumption volume of extra high voltage cables is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of extra high voltage cables industry may not keep that fast. But it is surely forecasted that the market of extra high voltage cables is still promising. At the same time, Asia-Pacific, occupied 39.13% sales market share in 2017, is remarkable in the global extra high voltage cables industry.
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