This report reveals a comprehensive study of the collected information, with key players, sellers, market dealers, and key aspects influencing the market. The EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market research study examines the international and regional breakdown of the industry and its uniqueness, market shares, trends, outlines, industry classifications, and the constantly transforming global market ecosystem. The EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market research report provides profits predictions and geographic regions of the organization. The study aims to present product development in North America, China, Europe, South East Asia, Japan, and the rest of the world.
EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market Overview
The global EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market size is projected to reach a CAGR of 5.7% from 2023-2030.
EHV AC XLPE cables are used for high-voltage power transmission in AC systems. XLPE insulation provides excellent electrical properties and thermal resistance, making it suitable for EHV AC applications. These cables are used to transmit power over long distances, interconnect substations, and distribute electricity from power plants. EHV AC XLPE cables are preferred for their low transmission losses and high reliability.
HVDC XLPE cables are designed for high-voltage direct current transmission. HVDC technology offers several advantages, including lower transmission losses over long distances compared to AC transmission. XLPE insulation in HVDC cables ensures efficient insulation performance at high voltage levels. HVDC XLPE cables are used for interconnecting power grids, offshore wind farms, and long-distance transmission of electricity.
The market for XLPE onshore land cables and accessories includes a wide range of associated products. These accessories are essential for the installation, termination, and jointing of XLPE cables. Common accessories include cable terminations, joints, connectors, splices, and cable glands. These components ensure proper electrical connectivity, insulation, and protection of XLPE cables.
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The market for EHV AC and HVDC XLPE onshore land cables and accessories is driven by several factors. The increasing demand for electricity, the growing renewable energy sector, grid expansion projects, and the need for upgrading aging power infrastructure contribute to market growth. Governments and utility companies worldwide are investing in the development of efficient and reliable power transmission systems, which further stimulate the market.
The EHV AC and HVDC XLPE onshore land cables and accessories market is expected to witness substantial growth in the coming years. The need for efficient power transmission, increasing investments in renewable energy projects, and grid modernization initiatives are driving the demand for EHV AC and HVDC XLPE technologies. Advancements in XLPE insulation technology, such as enhanced thermal properties and higher voltage ratings, are also contributing to the market's growth.
EHV AC and HVDC XLPE gearbox system implementation demand a sizable initial expenditure. This covers the price of producing and installing XLPE cables as well as any related extras and support systems. For new market entrants, the significant initial capital expenditure may serve as a barrier to entry, and project developers may face financial difficulties.
Delvens Industry Expert's Standpoint
The EHV AC and HVDC XLPE onshore land cables and accessories market holds significant potential for growth and transformation in the power transmission sector. With the increasing demand for efficient and reliable power transmission, coupled with the integration of renewable energy sources, XLPE technology has emerged as a preferred choice. Despite facing restraints such as high initial investment, regulatory challenges, technical complexities, and land constraints, the market is expected to expand steadily. Key players in the industry continue to innovate and invest in research and development to overcome these challenges and capitalize on the growing opportunities. As governments and energy companies worldwide focus on upgrading power infrastructure and expanding grid networks, the adoption of EHV AC and HVDC XLPE onshore land cables and accessories is set to play a crucial role in meeting the rising global energy demands while facilitating a transition towards sustainable and reliable power transmission systems.
Key Findings
• The market can be segmented based on voltage ratings, such as low voltage (LV), medium voltage (MV), high voltage (HV), Extra High Voltage, and Ultra high voltage. Each voltage level has specific applications and requirements.
• Based on type EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market can be segmented into Mass Impregnated, Cables Extruded Cables, and Others (including Oil-filled Cables and Superconducting Cables).
• Based on the application EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market can be segmented into Power Transmission, Interconnecting Power Systems, Underground Power Distribution, Submarine Power Transmission, Grid Stabilization, and Reactive Power Control. Due to its many advantages over overhead and submarine installations as well as the rising adoption of underground cable deployment by many developing countries, the underground cable segment is anticipated to experience the fastest growth for the cable accessories market during the forecast period.
• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The EHVAC and HVDC XLPE cables market is anticipated to be dominated by the Asia-Pacific region. The demand for HVAC and HVDC XLPE cables has increased as a result of the rapid growth in industrial and manufacturing facilities. HVAC and HVDC XLPE onshore land cables are necessary for a steady and dependable energy supply due to the growth of railways, metros, bullet trains, IT hubs, commercial areas, etc. The development of long-distance high-tension transmission lines and rural electrification programs have both benefited the HVAC and HVDC XLPE cables industry. Electric conductor demand has increased as a result of rapid urbanization, which has also raised the demand for HVAC and HVDC XLPE cables.
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EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market Regional Analysis
Asia-Pacific to Dominate the Market
• Asia-Pacific dominates the global EHV AC and HVDC in XLPE Onshore Land Cables and Accessories market and is anticipated to maintain its lead during the forecast period.
• The growth is majorly attributed to the rapid growth in industrial and manufacturing facilities.
EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market Competitive Landscape
• ABB
• Prysmian Group
• Nexans
• NKT Group
• Sumitomo Electric Industries, Ltd.
• General Cable Corporation
• LS Cable & System Ltd.
• Furukawa Electric Co., Ltd.
• Southwire Company, LLC
• Jiangnan Group Limited
• Zhongtian Technology Group Co., Ltd.
• Siemens AG
• J-Power Group
EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market Recent Developments
• One of the top companies in the sector, Nexans, declared in July 2021 that it had been given the go-ahead by TenneT, a significant European grid operator, to provide and install the high-voltage export cables for the DolWin5 offshore wind farm in Germany. About 45 kilometers of HVAC XLPE undersea cables will be supplied and installed by Nexans to link the wind farm to the onshore grid. The project's goal is to make it easier for renewable energy to be transported from the offshore wind farm to the mainland.

• A significant player in the cable sector, Prysmian Group, revealed in June 2021 that it intended to make investments to increase the plant's capacity to produce HV cables in Pignataro, Italy. As part of the worldwide energy revolution, the investment seeks to address the rising demand for HV cables, including HVAC XLPE onshore land cables and submarine cables. New production lines and expanded manufacturing capabilities are part of the expansion project, which will enable Prysmian to meet changing market demands.
Reasons to Acquire in the EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market
• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
• Gain authentic and granular data access for EHV AC and HVDC in XLPE Onshore Land Cables and Accessories Market to understand the trends and the factors involved in changing market situations.
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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