The global market of high voltage cables for electricity transmission is forecast to experience a steep growth between 2022 and 2032. This figure increased from approximately 32.8 billion U.S. dollars in 2018 to 37.5 in 2022 and will surpass 60 billion U.S. dollars by 2032, with a compound annual growth rate of roughly five percent. The Asia Pacific region dominates the market.
Market value of high voltage cables worldwide from 2018 to 2022 with a forecast to 2032
(in million U.S. dollars)
Characteristic
Market value in million U.S. dollars
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Inkwood Research. (May 17, 2023). Market value of high voltage cables worldwide from 2018 to 2022 with a forecast to 2032 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1386530/high-voltage-cable-market-forecast-worldwide/
Inkwood Research. "Market value of high voltage cables worldwide from 2018 to 2022 with a forecast to 2032 (in million U.S. dollars)." Chart. May 17, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1386530/high-voltage-cable-market-forecast-worldwide/
Inkwood Research. (2023). Market value of high voltage cables worldwide from 2018 to 2022 with a forecast to 2032 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1386530/high-voltage-cable-market-forecast-worldwide/
Inkwood Research. "Market Value of High Voltage Cables Worldwide from 2018 to 2022 with a Forecast to 2032 (in Million U.S. Dollars)." Statista, Statista Inc., 17 May 2023, https://www.statista.com/statistics/1386530/high-voltage-cable-market-forecast-worldwide/
Inkwood Research, Market value of high voltage cables worldwide from 2018 to 2022 with a forecast to 2032 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1386530/high-voltage-cable-market-forecast-worldwide/ (last visited July 22, 2024)
Market value of high voltage cables worldwide from 2018 to 2022 with a forecast to 2032 (in million U.S. dollars) [Graph], Inkwood Research, May 17, 2023. [Online]. Available: https://www.statista.com/statistics/1386530/high-voltage-cable-market-forecast-worldwide/