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HVDC Cables Market size is estimated to grow at a CAGR of 5.31%, as per Maximize Market Research

Asia Pacific region held the largest market share accounted for 38.3% in 2023.

 

HVDC Cables Market




(EMAILWIRE.COM, October 04, 2024 ) HVDC Cables Market was valued at US $ 10.70 Bn. in 2023. Global HVDC Cables Market size is estimated to grow at a CAGR of 5.31%.

The most favored transmission technology for long-distance bulk electric power transmission is a high-voltage direct current (HVDC) cable. Increased number of transmission projects, growing semand for HVDC Cables governmental initiave for the market are some of the important driving factors.

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Asia Pacific HVDC Cables dominates the global market. Asia Pacific accounted for 38.3% market share in 2023. China and India, are expected to drive the HVDC cables market growth.

HVDC Cables Market segmentation

by Type

1. Mass Impregnated Cables
2. Extruded Cables
3. Others

by Application

1. Overhead Line
2. Submarine
3. Underground

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Key Players

1. NKT A/S
2. Nexans Group
3. Prysmian Group
4. LS Cable & System Ltd.
5. ABB
6. Siemens
7. General Electric
8. Hitachi

Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/30626/

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About Maximize

At Maximize, we believe in hiring best talent irrespective to nationality, ethnicity or religious value. A purpose-driven: Our aim is to provide the best solutions to our clients Engagement and loyalty: We believe, Employee engagement can never be bought;
Our vision is to become Future Focused, creative, relevant, value based organization and provides maximum satisfaction to our clients with our professionalism, high end knowledge, accurate market research and flawless growth consulting services.

Contact Information:
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
Tel: +91 9607365656
Email us


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