The global HV Power Cable market size is predicted to grow from US$ 8156 million in 2025 to US$ 10600 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.

High Voltage (HV) Power Cable, also known as high-tension cable or high-voltage cable, is an electrical cable designed and manufactured to transmit electric power at high voltages. These cables are typically used in a wide range of applications where the transmission of electrical energy over long distances, interconnections within power grids, or in industrial installations requires the use of high voltage to minimize energy loss and improve efficiency.

Renewable Energy Projects: The continued expansion of renewable energy projects, such as wind farms and solar installations, drove demand for HV power cables to transmit electrical energy from remote generation sites to urban centers.

Grid Modernization: Aging power infrastructure in many regions, especially in developed countries, led to investments in grid modernization. This involved the replacement and upgrading of power cables to enhance grid reliability and efficiency.

Underground Cabling: The trend of underground cabling for HV power transmission continued, driven by the benefits of reduced visual impact, improved environmental aesthetics, and enhanced reliability compared to overhead lines.

HVDC (High-Voltage Direct Current) Transmission: HVDC transmission is gaining popularity for long-distance power transmission and interconnecting power grids. HVDC cables are used for this purpose, and the adoption of HVDC systems increased.

Submarine Power Cables: The growth of offshore wind farms and the need to transmit power from these facilities to the mainland have driven the demand for submarine power cables, which are a specialized type of HV power cable.

Infinity Market Research newest research report, the ?HV Power Cable Industry Forecast? looks at past sales and reviews total world HV Power Cable sales in 2024, providing a comprehensive analysis by region and market sector of projected HV Power Cable sales for 2025 through 2031. With HV Power Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HV Power Cable industry.

This Insight Report provides a comprehensive analysis of the global HV Power Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HV Power Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global HV Power Cable market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HV Power Cable and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HV Power Cable.

This report presents a comprehensive overview, market shares, and growth opportunities of HV Power Cable market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    AC Power Cable
    DC Power Cable

Segmentation by Application:

    Utility
    Industrial
    Renewable Energy

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Prysmian
    Nexans
    LS Cable & System
    Far East Cable
    Shangshang Cable
    Baosheng Cable
    Southwire
    Jiangnan Cable
    Sumitomo Electric
    NKT Cables
    TF Kable
    Hanhe Cable
    Furukawa Electric
    Okonite
    Condumex
    Riyadh Cables
    Elsewedy Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global HV Power Cable market?
What factors are driving HV Power Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HV Power Cable market opportunities vary by end market size?
How does HV Power Cable break out by Type, by Application?