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The Asia Pacific High Voltage Direct Current (HVDC) Cables market size was valued at US$ 2.73 billion in 2024 and is projected to reach US$ 4.18 billion by 2030, at a CAGR of 7.4% during the forecast period 2024-2030.
HVDC cables are specialized power transmission cables designed to carry high voltage direct current over long distances, offering lower power losses and higher efficiency compared to traditional AC transmission systems.
The Asia Pacific HVDC cables market is experiencing rapid growth, driven by increasing renewable energy integration and the need for efficient long
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific High Voltage Direct Current (HVDC) Cables . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of High Voltage Direct Current (HVDC) Cables , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific High Voltage Direct Current (HVDC) Cables , 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) Cables . This report contains market size and forecasts of High Voltage Direct Current (HVDC) Cables in Asia Pacific, including the following market information:
We surveyed the High Voltage Direct Current (HVDC) Cables manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
The report also provides analysis of leading market participants including:
FAQs on the Asia Pacific HVDC Cables Market
Q1: What was the size of the Asia Pacific HVDC cables market in 2024?
A: The Asia Pacific High Voltage Direct Current (HVDC) cables market was valued at approximately USD 2.73 billion in 2024.
Q2: What is the projected market size by 2030?
A: The market is expected to reach around USD 4.18 billion by 2030.
Q3: What is the CAGR of the Asia Pacific HVDC cables market from 2024 to 2030?
A: The market is forecasted to grow at a compound annual growth rate (CAGR) of 7.4% during this period.
Q4: What factors are driving the growth of the HVDC cables market in the Asia Pacific region?
A: Key growth drivers include:
Rising demand for efficient power transmission systems
Increasing investments in renewable energy projects like offshore wind and solar farms
Expansion of smart grid infrastructure and cross-border power interconnections
Need for reducing power losses over long distances
Q5: What are the typical applications of HVDC cables in Asia Pacific?
A: HVDC cables are primarily used in:
Long-distance and submarine power transmission
Integration of renewable energy sources to power grids
Interconnecting regional power grids for enhanced stability and reliability
Key Points of this Report:
Reasons to Purchase this Report:
1.1 Product Overview and Scope of High Voltage Direct Current (HVDC) Cables
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Mass Impregnated Cables
1.2.3 Extruded Cables
1.2.4 Others
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Submarine
1.3.3 Underground
1.3.4 Overhead
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Hitachi Energy
8.1.1 Hitachi Energy Corporation Information
8.1.2 Hitachi Energy Product Portfolio
8.1.3 Hitachi Energy Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Hitachi Energy Main Business and Markets Served
8.1.5 Hitachi Energy Recent Developments/Updates
8.2 Prysmian Group
8.2.1 Prysmian Group Corporation Information
8.2.2 Prysmian Group Product Portfolio
8.2.3 Prysmian Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Prysmian Group Main Business and Markets Served
8.2.5 Prysmian Group Recent Developments/Updates
8.3 Nexans
8.3.1 Nexans Corporation Information
8.3.2 Nexans Product Portfolio
8.3.3 Nexans Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Nexans Main Business and Markets Served
8.3.5 Nexans Recent Developments/Updates
8.4 Sumitomo Electric Industries
8.4.1 Sumitomo Electric Industries Corporation Information
8.4.2 Sumitomo Electric Industries Product Portfolio
8.4.3 Sumitomo Electric Industries Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Sumitomo Electric Industries Main Business and Markets Served
8.4.5 Sumitomo Electric Industries Recent Developments/Updates
8.5 LS Cable & System
8.5.1 LS Cable & System Corporation Information
8.5.2 LS Cable & System Product Portfolio
8.5.3 LS Cable & System Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 LS Cable & System Main Business and Markets Served
8.5.5 LS Cable & System Recent Developments/Updates
8.6 Fujikura Ltd.
8.6.1 Fujikura Ltd. Corporation Information
8.6.2 Fujikura Ltd. Product Portfolio
8.6.3 Fujikura Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Fujikura Ltd. Main Business and Markets Served
8.6.5 Fujikura Ltd. Recent Developments/Updates
8.7 NKT A/S
8.7.1 NKT A/S Corporation Information
8.7.2 NKT A/S Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 NKT A/S Main Business and Markets Served
8.7.4 NKT A/S Recent Developments/Updates
8.8 KEI Industries Limited
8.8.1 KEI Industries Limited Corporation Information
8.8.2 KEI Industries Limited Product Portfolio
8.8.3 KEI Industries Limited Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 KEI Industries Limited Main Business and Markets Served
8.8.5 KEI Industries Limited Recent Developments/Updates
8.9 Sterlite Power
8.9.1 Sterlite Power Corporation Information
8.9.2 Sterlite Power Product Portfolio
8.9.3 Sterlite Power Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Sterlite Power Main Business and Markets Served
8.9.5 Sterlite Power Recent Developments/Updates
8.10 Jiangsu Zhongtian Technology Co., Ltd.
8.10.1 Jiangsu Zhongtian Technology Co., Ltd. Corporation Information
8.10.2 Jiangsu Zhongtian Technology Co., Ltd. Product Portfolio
8.10.3 Jiangsu Zhongtian Technology Co., Ltd. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Jiangsu Zhongtian Technology Co., Ltd. Main Business and Markets Served
8.10.5 Jiangsu Zhongtian Technology Co., Ltd. Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of High Voltage Direct Current (HVDC) Cables
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
