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| High Voltage Cables & Accessories Market By Million Insights |
Global High Voltage Cables
& Accessories Market is segmented on the basis of type, product, end users,
and region. High voltage cable systems are the backbone of electrical energy
supply. Technically sophisticated high voltage cable solutions are needed for
both megacities and the expansion of the power supply. A cable includes a
conductor and insulation, and is suitable for being run underground or
underwater. High voltage cables of
different types have a variety of applications in instruments, ignition
systems, and AC and DC power transmission. Cable joints and terminals must be
designed to control the high-voltage stress to prevent breakdown of the
insulation. Frequently a high voltage cable will have a metallic shield layer
over the insulation, connected to the ground and designed to level the
dielectric stress on the insulation layer. High voltage cables may consist of
any length, with relatively shorter cables used in apparatus, longer cables do
run within buildings or as buried ones in an industrial plant or to distribute
power, and the longest cables often run as submarine cables under ocean for
power transmission.
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Increasing growth of offshore
wind farms, and projects for grid interconnections benefit the high voltage
cable market. Whereas, complex planning and approval procedures delay projects,
regulatory environment & funding constraints are the restraining factors of
overall market. High Voltage Cables & Accessories Market is classified, by
type into Overhead, Underground, Submarine. Underground cable systems are
approved by many countries to reduce transmission losses and reduce outages by
providing continuous power supply. The underground cables & accessories
market is driven by the need for greater power to be supplied to urban areas,
along with a rising resistance to overhead transmission lines near residential
areas. High Voltage Cables & Accessories Market is classified, by product
into overhead product (Conductors, Fittings & Fixtures), Underground &
Submarine Products (XLPE Cables, MI Cables, Cable Joints, Cable Terminations).
XLPE also known as
cross-linked polyethylene cables are the most commonly used cables in
undergrounding systems. The cable has advanced technology significantly, which
has allowed the use of XLPE cables over the fluid-filled cable technology. XLPE
provides insulation to cables to make it endure the electric field under rated
and transient operating conditions. XLPE cable was the biggest segment for the
underground cable systems market in 2015. High Voltage Cables & Accessories
Market is classified, by end users into Industrial (Oil & Gas, Mining,
Power Utilities, Chemical & Petrochemical and others), Renewable Energy
(Wind, Hydropower, tidal, and others), and Infrastructure (Commercial,
Residential). High Voltage Cables & Accessories Market is segmented,
geographically into North America, Europe (Eastern Europe, Western Europe),
Asia Pacific, Latin America, Middle East and Africa.
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