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High Voltage Direct Current (HVDC) Cables Market, Global Outlook and Forecast 2023-2032

The global High Voltage Direct Current (HVDC) Cables market was valued at US$ 1759.5 million in 2022 and is projected to reach US$ 2191.6 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
High Voltage Direct Current (HVDC) Cable are including the submarine, underground and the overhead cable.
High Voltage Direct Current (HVDC) underground cables have been in commercial use since the 1950?s. Today, HVDC underground cables can carry medium and high power (100 MW up to 1,000 MW) over distances above 51 km.
So far, HVDC transmission has mainly been used in submarine applications, either connecting offshore wind farms to land or transmitting high electrical power over long distance through the sea were overhead lines cannot be used.
This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current (HVDC) Cables, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Voltage Direct Current (HVDC) Cables. This report contains market size and forecasts of High Voltage Direct Current (HVDC) Cables in global, including the following market information:

• Global High Voltage Direct Current (HVDC) Cables Market Revenue, 2018-2023, 2024-2032, ($ millions)
• Global High Voltage Direct Current (HVDC) Cables Market Sales, 2018-2023, 2024-2032, (K MT)
• Global top five High Voltage Direct Current (HVDC) Cables companies in 2022 (%)

Global High Voltage Direct Current (HVDC) Cable key players include ABB, NKT, Nexans, Prysmian, etc. Global top four manufacturers hold a share about 85%.
China is the largest market, with a share over 40%, followed by Europe, and North America, both have a share over 40 percent.
In terms of product, 151-300 KV is the largest segment, with a share nearly 56%. And in terms of application, the largest application is Overhead, followed by Submarine, Underground.
We surveyed the High Voltage Direct Current (HVDC) Cables manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Voltage Direct Current (HVDC) Cables Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global High Voltage Direct Current (HVDC) Cables Market Segment Percentages, by Type, 2022 (%)

• Mass Impregnated Cables
• Extruded Cables
• Others

Global High Voltage Direct Current (HVDC) Cables Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global High Voltage Direct Current (HVDC) Cables Market Segment Percentages, by Application, 2022 (%)

• Submarine
• Underground
• Overhead

Global High Voltage Direct Current (HVDC) Cables Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global High Voltage Direct Current (HVDC) Cables Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Voltage Direct Current (HVDC) Cables revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies High Voltage Direct Current (HVDC) Cables revenues share in global market, 2022 (%)
Key companies High Voltage Direct Current (HVDC) Cables sales in global market, 2018-2023 (Estimated), (K MT)
Key companies High Voltage Direct Current (HVDC) Cables sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• 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

Outline of Major Chapters:

• Chapter 1: Introduces the definition of High Voltage Direct Current (HVDC) Cables, market overview.
• Chapter 2: Global High Voltage Direct Current (HVDC) Cables market size in revenue and volume.
• Chapter 3: Detailed analysis of High Voltage Direct Current (HVDC) Cables manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of High Voltage Direct Current (HVDC) Cables in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global High Voltage Direct Current (HVDC) Cables capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.