Global HVDC Cables Market Research Report to 2027 – by Type, by Application and Region – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “HVDC Cables Market Research Report by Type, by Application, by Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.
The Global HVDC Cables Market size was estimated at USD 2,471.10 million in 2020, is expected to reach USD 2,691.05 million in 2021, and is projected to grow at a CAGR of 9.26% to reach USD 4,595.30 million by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the HVDC Cables Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global HVDC Cables Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global HVDC Cables Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global HVDC Cables Market?
4. What is the competitive strategic window for opportunities in the Global HVDC Cables Market?
5. What are the technology trends and regulatory frameworks in the Global HVDC Cables Market?
6. What is the market share of the leading vendors in the Global HVDC Cables Market?
7. What modes and strategic moves are considered suitable for entering the Global HVDC Cables Market?
Market Dynamics
Drivers
- Expansion of smart grid networks
- Integration of a sustainable electrical network
- Increase in demand for renewable energy
Restraints
- High cost of installing HVDC transmission systems
- Unsuitable HVDC transmission for a multi-terminal network and overload capacity
Opportunities
- Intensive investment in research and development in the field of HVDC transmission technology
- Adoption of voltage source converter (VSC) technology
Challenges
- Complex converting process of HVDC
Companies Mentioned
- ABB
- Alfanar
- General Electric
- Hitachi
- Iljin
- LS Cable & System
- Mitsubishi Electric Corporation
- Nexans
- NKT
- Prysmian Group
- Siemens AG
- Sumitomo Electric Industries
- Taihan Electric Wire
- Toshiba Corporation
- ZMS Cable
- ZTT Gupta Power Infrastructure
For more information about this report visit https://www.researchandmarkets.com/r/c0ldwr
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