High Voltage Cables & Accessories Market Worth 40.90 Billion USD by 2022

PUNE, India, September 22, 2017 /PRNewswire/ --

The report "High Voltage Cables & Accessories Market by Installation (Overhead, Underground, Submarine), Products (MI, XLPE Cables, Terminations, Joints, Conductors, Fittings & Fixtures), Voltage (72.5, 123, 145, 170, 245, 400 kV & Above) & Region - Forecast to 2022", published by MarketsandMarkets™, the market is expected to grow from an estimated value of USD 30.53 Billion in 2017 to USD 40.90 Billion by 2022, at a CAGR of 6.02%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing investments in offshore wind, grid interconnections, and increase in power generation.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 215 Market Data Tables and 44 Figures spread through 235 Pages and in-depth TOC on "High Voltage Cables & Accessories Market"

http://www.marketsandmarkets.com/Market-Reports/high-voltage-cable-accessories-market-95892251.html

Early buyers will receive 10% customization on this report 

The XLPE cables segment is expected to hold the largest share of the underground High Voltage Cables & Accessories Market, by product type, during the forecast period 

XLPE (cross-linked polyethylene) cables are the most commonly used cables in underground systems. The cable technology gained a significant advancement which has enabled the use of XLPE cables over the fluid-filled cable technology. XLPE provides insulation to cables to make it withstand the electric field under rated and transient operating conditions. The XLPE cable was the largest segment in the underground cable systems market in 2016. The market in Asia Pacific is the largest market for XLPE cables segment because of the investments in the transmission and distribution sector, increasing power generation, and growth in offshore wind farms. All these factors are expected to boost the XLPE cables segment in High Voltage Cables & Accessories Market.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=95892251

400 kV and above dominates the High Voltage Cables & Accessories Market 

The 400 kV and above segment held the largest market share under the voltage range segment in 2016. The liking of grids and transmission infrastructure between countries have resulted in the 400 kV and above segment accounting for the largest market share. These cables find applications in transmission and distribution, grid interconnection, and other energy industries.