Market by Installation, Vertical, and Country Outlook | Forecast 2023-2030
As per Triton Market Research’s report, the high voltage cable market in Latin America is deemed to register growth at a CAGR of 5.73% during the forecasted period from 2023 to 2030.
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The
countries assessed in the region are:
•       Â
Brazil
•       Â
Mexico
•       Â
Rest of Latin America
Brazil captures the majority of the
shares in the high voltage cable market. The region’s market is witnessing
steady growth owing to the increasing need to achieve renewable energy targets.
As per estimates, the region asserted a collective target of around 70%
renewable energy use by 2030. This step will require significant investment in a
diverse range of technologies. Therefore, such steps are predicted to create
lucrative opportunities for the high voltage cable market.
In
the region, Brazil ranks third-largest in electricity generation. Most of the
nation’s generation capacity is located in the Amazon basin, which contributes
heavily to the transmission and distribution system. Looking forward, our
estimates indicate that the government aims to increase the share of non-hydro
renewables and increase consumer investment in renewable resources, especially
solar photovoltaic. Hence, the growing focus on renewable energy generation
elevates the deployment of HVCs in the electricity sector, thereby driving the
overall high voltage cable market.
Likewise,
clean energy sources have gained significant traction to generate power in
Mexico. Estimates indicate that the nation generated around 31.6% of electricity
from renewable sources in 2020. These factors thus are fueling the high voltage
cable market’s progression.
Underground
high voltage cables are widely used to transmit electricity over long distances
with the least power loss. In this regard, one or more conductors make these
cables that are shielded to prevent mechanical damage and electromagnetic field
loss. The market segmentation includes
installation and vertical. The installation segment is further trifurcated
into underground, overhead, and submarine.
Some of the known companies in the
market are Southwire Company LLC, Prysmian Group, Siemens AG, and Sumitomo
Electric Industries Ltd.
Prysmian
Group is a leading manufacturer and service provider of electric power
transmission and telecommunication cables. The company offers varied services,
including network components, power distribution, and trade & installers.
Its product line includes optical cables, connectivity components and
accessories, optical ground wire, and copper cable. Prysmian has operations in
multiple regions, including in Latin America.
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Key deliverables of the report:
·      Market CAGR during the forecasting
years 2023-2030
·      Detailed data highlighting key
insights, industry components, and market strategies
·      Comprehensive information and
estimation of the high voltage cable market revenue growth in Latin America and
its influence on the parent market
·      In-depth study of forthcoming trends
in consumer behavioral patterns
·      A meticulous analysis of the
competitive landscape, vendor scorecard, and Porter’s Five Forces
·      A wide-ranging study of factors that
will challenge the LA high voltage cable market’s growth during the upcoming
years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.Â
1. LATIN
AMERICA HIGH VOLTAGE CABLE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. TECHNOLOGY
SNAPSHOT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
MATURITY ANALYSIS
2.4. INDUSTRY
COMPONENTS
2.4.1. RAW
MATERIALS
2.4.2. HVC
MANUFACTURERS
2.4.3. DISTRIBUTORS
2.4.4. END-USERS
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. COST
2.5.2. PRODUCT
FEATURES
2.5.3. EFFICIENCY
2.6. KEY
MARKET STRATEGIES
2.6.1. COLLABORATIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. MERGERS
& ACQUISITIONS
2.6.4. BUSINESS
DIVESTITURES & EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. INCREASE
IN INFRASTRUCTURE ACTIVITIES
2.7.2. DEVELOPMENT
IN EMERGING COUNTRIES
2.8. MARKET
CHALLENGE
2.8.1. VOLATILE
PRICE OF METALS
2.9. MARKET
OPPORTUNITIES
2.9.1. RISE
IN OFFSHORE POWER PROJECTS
2.9.2. ELECTRICITY
DEMAND DUE TO ECONOMIC GROWTH AND INDUSTRIALIZATION
2.10. ANALYST
PERSPECTIVE
3. LATIN
AMERICA HIGH VOLTAGE CABLE MARKET – BY INSTALLATION
3.1. UNDERGROUND
3.2. SUBMARINE
3.3. OVERHEAD
4. LATIN
AMERICA HIGH VOLTAGE CABLE MARKET – BY VERTICAL
4.1. RENEWABLE
ENERGY
4.2. INDUSTRIAL
4.2.1. MINING
4.2.2. OIL
& GAS
4.2.3. CHEMICAL
& PETROCHEMICAL
4.2.4. POWER
& UTILITY
4.2.5. OTHER
INDUSTRIAL VERTICALS
4.3. INFRASTRUCTURE
4.3.1. COMMERCIAL
4.3.2. RESIDENTIAL
5. LATIN
AMERICA HIGH VOLTAGE CABLE MARKET – COUNTRY OUTLOOK
5.1. COUNTRY
ANALYSIS
5.1.1. BRAZIL
5.1.1.1. BRAZIL
HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
5.1.2. MEXICO
5.1.2.1. MEXICO
HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
5.1.3. REST
OF LATIN AMERICA
5.1.3.1. REST
OF LATIN AMERICA HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. DUBAI
CABLE COMPANY PVT LTD
6.1.1. OVERVIEW
6.1.2. PRODUCT
PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. FURUKAWA
ELECTRIC CO LTD
6.2.1. OVERVIEW
6.2.2. PRODUCT
PORTFOLIO
6.3. FINOLEX
CABLE LTD
6.3.1. OVERVIEW
6.3.2. PRODUCT
PORTFOLIO
6.4. HITACHI
LTD
6.4.1. OVERVIEW
6.4.2. PRODUCT
PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. NKT
CABLES
6.5.1. OVERVIEW
6.5.2. PRODUCT
PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. NEXANS
SA
6.6.1. OVERVIEW
6.6.2. PRODUCT
PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. PRYSMIAN
GROUP
6.7.1. OVERVIEW
6.7.2. PRODUCT
PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. SIEMENS
AG
6.8.1. OVERVIEW
6.8.2. PRODUCT
PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. SOUTHWIRE
COMPANY LLC
6.9.1. OVERVIEW
6.9.2. PRODUCT
PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. SUMITOMO
ELECTRIC INDUSTRIES LTD
6.10.1. OVERVIEW
6.10.2. PRODUCT
PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF
COLLABORATIONS IN THE LATIN AMERICA HIGH VOLTAGE CABLE MARKET
TABLE 3: LIST OF
PRODUCT LAUNCHES IN THE LATIN AMERICA HIGH VOLTAGE CABLE MARKET
TABLE 4: LIST OF MERGERS
& ACQUISITIONS IN THE LATIN AMERICA HIGH VOLTAGE CABLE MARKET
TABLE 5: LIST OF
BUSINESS DIVESTITURES & EXPANSION IN THE LATIN AMERICA HIGH VOLTAGE CABLE
MARKET
TABLE 6: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY INSTALLATION, 2023-2030 (IN $ MILLION)
TABLE 7: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE 8: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)
TABLE 9: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, 2023-2030 (IN $ MILLION)
TABLE 10: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: MARKET
MATURITY ANALYSIS
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: KEY BUYING
IMPACT ANALYSIS
FIGURE 4: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY INSTALLATION, 2022 & 2030 (IN %)
FIGURE 5: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY UNDERGROUND, 2023-2030 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY SUBMARINE, 2023-2030 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY OVERHEAD, 2023-2030 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY VERTICAL, 2022 & 2030 (IN %)
FIGURE 9: LATIN AMERICA
HIGH VOLTAGE CABLE MARKET, BY RENEWABLE ENERGY, 2023-2030 (IN $ MILLION)
FIGURE 10: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)
FIGURE 11: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, 2022 & 2030 (IN %)
FIGURE 12: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY MINING, 2023-2030 (IN $ MILLION)
FIGURE 13: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY OIL & GAS, 2023-2030 (IN $ MILLION)
FIGURE 14: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY CHEMICAL & PETROCHEMICAL, 2023-2030
(IN $ MILLION)
FIGURE 15: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY POWER & UTILITY, 2023-2030 (IN $
MILLION)
FIGURE 16: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY OTHER INDUSTRIAL VERTICALS, 2023-2030 (IN
$ MILLION)
FIGURE 17: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, 2023-2030 (IN $ MILLION)
FIGURE 18: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, 2022 & 2030 (IN %)
FIGURE 19: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY COMMERCIAL, 2023-2030 (IN $ MILLION)
FIGURE 20: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY RESIDENTIAL, 2023-2030 (IN $ MILLION)
FIGURE 21: LATIN
AMERICA HIGH VOLTAGE CABLE MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 22: BRAZIL HIGH
VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: MEXICO HIGH
VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: REST OF
LATIN AMERICA HIGH VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)