Market by Installation, Vertical, and Country Outlook | Forecast 2023-2030
Triton’s report infers that the high voltage cable market in the Middle East and Africa is likely to witness a CAGR of 6.09% during the forecasting years 2023-2030.
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The
countries evaluated in the region comprise:
•
United Arab Emirates
•
Saudi Arabia
•
Turkey
•
South Africa
•
Rest of Middle East & Africa
Saudi Arabia secures the highest shares
in the high voltage cable market. The Middle East has emerged as the second most popular
region for renewable energy investment. Moreover, the region ranked high for
current and future investments owing to the high availability of clean energy
sources. The growing focus on upgrading the energy sector is expected to
augment the adoption of high voltage cables, which will ultimately boost the
HVC market on a progressive path.
Saudi
Arabia has a huge electricity distribution network consisting of around 8750
miles of transmission lines. The nation also employs desalination plants to
generate electricity, accounting for over 2,800 MW. During the forecast period,
the country aims to increase power production through these plants.
Additionally,
under the Saudi Vision 2030, the country aims to employ clean energy sources to
meet the growing energy needs and diversify the economy. In this regard,
privatization of the power sector has emerged as a key opportunity. If the
government capitalizes on this opening, it could attract large investments to
reform the sector and expand expertise to generate renewable energy at a low
cost. Therefore, such steps are estimated to create lucrative opportunities for
the high voltage cable market.
Electricity
transmission and distribution from onshore power plants to power grids via
overhead high voltage cables are from towers and poles. These cables have air
as an insulating medium. Moreover, they are less expensive than underground and
submarine cables, making them widely popular. However, since they pose a risk
to human health, they are typically positioned outside the city limits. The market’s growth is evaluated based on
installation and vertical. The installation section is further branched
into overhead, underground, and submarine.
The companies in the HVC market
consist of Dubai Cable Company Pvt Ltd, Hitachi Ltd, Furukawa Electric Co Ltd,
and NKT Cables.
Dubai
Cable Company Pvt Ltd is a private company headquartered in Dubai, UAE. It
functions as a subsidiary of Senaat, a service provider of metals,
construction, building, and oil & gas materials. Also, the company is a
leading manufacturer of cables and cable accessories, with a diversified portfolio
comprising copper rods, high voltage and medium voltage cables, overhead copper
conductors, etc. It operates primarily in the UAE; however, it has a presence
in the UK.
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 the Middle East
and Africa 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 Middle East and Africa high voltage cable market’s growth
during the upcoming years
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to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA HIGH VOLTAGE CABLE MARKET – BY INSTALLATION
3.1. UNDERGROUND
3.2. SUBMARINE
3.3. OVERHEAD
4. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA HIGH VOLTAGE CABLE MARKET – COUNTRY OUTLOOK
5.1. COUNTRY
ANALYSIS
5.1.1. UNITED
ARAB EMIRATES
5.1.1.1. UNITED
ARAB EMIRATES HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
5.1.2. TURKEY
5.1.2.1. TURKEY
HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
5.1.3. SAUDI
ARABIA
5.1.3.1. SAUDI
ARABIA HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
5.1.4. SOUTH
AFRICA
5.1.4.1. SOUTH
AFRICA HIGH VOLTAGE CABLE MARKET FORECAST & PROSPECTS
5.1.5. REST
OF MIDDLE EAST AND AFRICA
5.1.5.1. REST
OF MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND AFRICA HIGH VOLTAGE
CABLE MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF COLLABORATIONS IN THE MIDDLE
EAST AND AFRICA HIGH VOLTAGE CABLE MARKET
TABLE 3: LIST OF PRODUCT LAUNCHES IN THE MIDDLE
EAST AND AFRICA HIGH VOLTAGE CABLE MARKET
TABLE 4: LIST OF MERGERS & ACQUISITIONS IN
THE MIDDLE EAST & AFRICA HIGH VOLTAGE CABLE MARKET
TABLE 5: LIST OF BUSINESS DIVESTITURES &
EXPANSION IN THE MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE MARKET
TABLE 6: MIDDLE EAST AND AFRICA HIGH VOLTAGE
CABLE MARKET, BY INSTALLATION, 2023-2030 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND AFRICA HIGH VOLTAGE
CABLE MARKET, BY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND AFRICA HIGH VOLTAGE
CABLE MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND AFRICA HIGH VOLTAGE
CABLE MARKET, BY INFRASTRUCTURE, 2023-2030 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY INSTALLATION, 2022 & 2030 (IN %)
FIGURE 5: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY UNDERGROUND, 2023-2030 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY SUBMARINE, 2023-2030 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY OVERHEAD, 2023-2030 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY VERTICAL, 2022 & 2030 (IN %)
FIGURE 9: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY RENEWABLE ENERGY, 2023-2030 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY INDUSTRIAL, 2022 & 2030 (IN %)
FIGURE 12: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY MINING, 2023-2030 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY OIL & GAS, 2023-2030 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY CHEMICAL & PETROCHEMICAL, 2023-2030
(IN $ MILLION)
FIGURE 15: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY POWER & UTILITY, 2023-2030 (IN $
MILLION)
FIGURE 16: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY OTHER INDUSTRIAL VERTICALS, 2023-2030 (IN
$ MILLION)
FIGURE 17: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, 2023-2030 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY INFRASTRUCTURE, 2022 & 2030 (IN %)
FIGURE 19: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY COMMERCIAL, 2023-2030 (IN $ MILLION)
FIGURE 20: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY RESIDENTIAL, 2023-2030 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND
AFRICA HIGH VOLTAGE CABLE MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 22: UNITED ARAB
EMIRATES HIGH VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: TURKEY HIGH
VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: SAUDI ARABIA
HIGH VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: SOUTH AFRICA
HIGH VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)
FIGURE 26: REST OF
MIDDLE EAST AND AFRICA HIGH VOLTAGE CABLE MARKET 2023-2030 (IN $ MILLION)