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Global High Voltage Direct Current (HVDC) Cable Market Research Report 2025
Synopsis
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 50 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.
The global High Voltage Direct Current (HVDC) Cable market was valued at US$ 1710 million in 2023 and is anticipated to reach US$ 2910.7 million by 2030, witnessing a CAGR of 7.8% during the forecast period 2024-2030.
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 55%. And in terms of application, the largest application is Overhead, followed by Submarine, Underground.
This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current (HVDC) Cable, 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) Cable.
Report Scope
The High Voltage Direct Current (HVDC) Cable market size, estimations, and forecasts are provided in terms of output/shipments (K Meter) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Voltage Direct Current (HVDC) Cable market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Voltage Direct Current (HVDC) Cable manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Nexans
NKT
Prysman
General Cable
LS Cable
Segment by Type
60-150 KV
151-300 KV
Above 300 KV
Segment by Application
Submarine
Underground
Overhead
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Voltage Direct Current (HVDC) Cable manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Voltage Direct Current (HVDC) Cable by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Voltage Direct Current (HVDC) Cable 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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 50 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.
The global High Voltage Direct Current (HVDC) Cable market was valued at US$ 1710 million in 2023 and is anticipated to reach US$ 2910.7 million by 2030, witnessing a CAGR of 7.8% during the forecast period 2024-2030.
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 55%. And in terms of application, the largest application is Overhead, followed by Submarine, Underground.
This report aims to provide a comprehensive presentation of the global market for High Voltage Direct Current (HVDC) Cable, 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) Cable.
Report Scope
The High Voltage Direct Current (HVDC) Cable market size, estimations, and forecasts are provided in terms of output/shipments (K Meter) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Voltage Direct Current (HVDC) Cable market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the High Voltage Direct Current (HVDC) Cable manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Nexans
NKT
Prysman
General Cable
LS Cable
Segment by Type
60-150 KV
151-300 KV
Above 300 KV
Segment by Application
Submarine
Underground
Overhead
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of High Voltage Direct Current (HVDC) Cable manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of High Voltage Direct Current (HVDC) Cable by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of High Voltage Direct Current (HVDC) Cable 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 High Voltage Direct Current (HVDC) Cable Market Overview
1.1 Product Definition
1.2 High Voltage Direct Current (HVDC) Cable Segment by Type
1.2.1 Global High Voltage Direct Current (HVDC) Cable Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 60-150 KV
1.2.3 151-300 KV
1.2.4 Above 300 KV
1.3 High Voltage Direct Current (HVDC) Cable Segment by Application
1.3.1 Global High Voltage Direct Current (HVDC) Cable Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Submarine
1.3.3 Underground
1.3.4 Overhead
1.4 Global Market Growth Prospects
1.4.1 Global High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global High Voltage Direct Current (HVDC) Cable Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global High Voltage Direct Current (HVDC) Cable Production Estimates and Forecasts (2019-2030)
1.4.4 Global High Voltage Direct Current (HVDC) Cable Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Voltage Direct Current (HVDC) Cable Production Market Share by Manufacturers (2019-2024)
2.2 Global High Voltage Direct Current (HVDC) Cable Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of High Voltage Direct Current (HVDC) Cable, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global High Voltage Direct Current (HVDC) Cable Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High Voltage Direct Current (HVDC) Cable Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of High Voltage Direct Current (HVDC) Cable, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Voltage Direct Current (HVDC) Cable, Product Offered and Application
2.8 Global Key Manufacturers of High Voltage Direct Current (HVDC) Cable, Date of Enter into This Industry
2.9 High Voltage Direct Current (HVDC) Cable Market Competitive Situation and Trends
2.9.1 High Voltage Direct Current (HVDC) Cable Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Voltage Direct Current (HVDC) Cable Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Voltage Direct Current (HVDC) Cable Production by Region
3.1 Global High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Region (2019-2030)
3.2.1 Global High Voltage Direct Current (HVDC) Cable Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of High Voltage Direct Current (HVDC) Cable by Region (2025-2030)
3.3 Global High Voltage Direct Current (HVDC) Cable Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global High Voltage Direct Current (HVDC) Cable Production by Region (2019-2030)
3.4.1 Global High Voltage Direct Current (HVDC) Cable Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of High Voltage Direct Current (HVDC) Cable by Region (2025-2030)
3.5 Global High Voltage Direct Current (HVDC) Cable Market Price Analysis by Region (2019-2024)
3.6 Global High Voltage Direct Current (HVDC) Cable Production and Value, Year-over-Year Growth
3.6.1 North America High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2019-2030)
3.6.3 China High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2019-2030)
4 High Voltage Direct Current (HVDC) Cable Consumption by Region
4.1 Global High Voltage Direct Current (HVDC) Cable Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global High Voltage Direct Current (HVDC) Cable Consumption by Region (2019-2030)
4.2.1 Global High Voltage Direct Current (HVDC) Cable Consumption by Region (2019-2024)
4.2.2 Global High Voltage Direct Current (HVDC) Cable Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America High Voltage Direct Current (HVDC) Cable Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe High Voltage Direct Current (HVDC) Cable Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific High Voltage Direct Current (HVDC) Cable Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa High Voltage Direct Current (HVDC) Cable Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global High Voltage Direct Current (HVDC) Cable Production by Type (2019-2030)
5.1.1 Global High Voltage Direct Current (HVDC) Cable Production by Type (2019-2024)
5.1.2 Global High Voltage Direct Current (HVDC) Cable Production by Type (2025-2030)
5.1.3 Global High Voltage Direct Current (HVDC) Cable Production Market Share by Type (2019-2030)
5.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Type (2019-2030)
5.2.1 Global High Voltage Direct Current (HVDC) Cable Production Value by Type (2019-2024)
5.2.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Type (2025-2030)
5.2.3 Global High Voltage Direct Current (HVDC) Cable Production Value Market Share by Type (2019-2030)
5.3 Global High Voltage Direct Current (HVDC) Cable Price by Type (2019-2030)
6 Segment by Application
6.1 Global High Voltage Direct Current (HVDC) Cable Production by Application (2019-2030)
6.1.1 Global High Voltage Direct Current (HVDC) Cable Production by Application (2019-2024)
6.1.2 Global High Voltage Direct Current (HVDC) Cable Production by Application (2025-2030)
6.1.3 Global High Voltage Direct Current (HVDC) Cable Production Market Share by Application (2019-2030)
6.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Application (2019-2030)
6.2.1 Global High Voltage Direct Current (HVDC) Cable Production Value by Application (2019-2024)
6.2.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Application (2025-2030)
6.2.3 Global High Voltage Direct Current (HVDC) Cable Production Value Market Share by Application (2019-2030)
6.3 Global High Voltage Direct Current (HVDC) Cable Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB High Voltage Direct Current (HVDC) Cable Corporation Information
7.1.2 ABB High Voltage Direct Current (HVDC) Cable Product Portfolio
7.1.3 ABB High Voltage Direct Current (HVDC) Cable Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Nexans
7.2.1 Nexans High Voltage Direct Current (HVDC) Cable Corporation Information
7.2.2 Nexans High Voltage Direct Current (HVDC) Cable Product Portfolio
7.2.3 Nexans High Voltage Direct Current (HVDC) Cable Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nexans Main Business and Markets Served
7.2.5 Nexans Recent Developments/Updates
7.3 NKT
7.3.1 NKT High Voltage Direct Current (HVDC) Cable Corporation Information
7.3.2 NKT High Voltage Direct Current (HVDC) Cable Product Portfolio
7.3.3 NKT High Voltage Direct Current (HVDC) Cable Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NKT Main Business and Markets Served
7.3.5 NKT Recent Developments/Updates
7.4 Prysman
7.4.1 Prysman High Voltage Direct Current (HVDC) Cable Corporation Information
7.4.2 Prysman High Voltage Direct Current (HVDC) Cable Product Portfolio
7.4.3 Prysman High Voltage Direct Current (HVDC) Cable Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Prysman Main Business and Markets Served
7.4.5 Prysman Recent Developments/Updates
7.5 General Cable
7.5.1 General Cable High Voltage Direct Current (HVDC) Cable Corporation Information
7.5.2 General Cable High Voltage Direct Current (HVDC) Cable Product Portfolio
7.5.3 General Cable High Voltage Direct Current (HVDC) Cable Production, Value, Price and Gross Margin (2019-2024)
7.5.4 General Cable Main Business and Markets Served
7.5.5 General Cable Recent Developments/Updates
7.6 LS Cable
7.6.1 LS Cable High Voltage Direct Current (HVDC) Cable Corporation Information
7.6.2 LS Cable High Voltage Direct Current (HVDC) Cable Product Portfolio
7.6.3 LS Cable High Voltage Direct Current (HVDC) Cable Production, Value, Price and Gross Margin (2019-2024)
7.6.4 LS Cable Main Business and Markets Served
7.6.5 LS Cable Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Voltage Direct Current (HVDC) Cable Industry Chain Analysis
8.2 High Voltage Direct Current (HVDC) Cable Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Voltage Direct Current (HVDC) Cable Production Mode & Process
8.4 High Voltage Direct Current (HVDC) Cable Sales and Marketing
8.4.1 High Voltage Direct Current (HVDC) Cable Sales Channels
8.4.2 High Voltage Direct Current (HVDC) Cable Distributors
8.5 High Voltage Direct Current (HVDC) Cable Customers
9 High Voltage Direct Current (HVDC) Cable Market Dynamics
9.1 High Voltage Direct Current (HVDC) Cable Industry Trends
9.2 High Voltage Direct Current (HVDC) Cable Market Drivers
9.3 High Voltage Direct Current (HVDC) Cable Market Challenges
9.4 High Voltage Direct Current (HVDC) Cable Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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