The global HVDC cables market was valued at around US$ 1.4 Bn in 2017 and is anticipated to expand at a CAGR of more than 6.0% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled ‘HVDC Cables Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ HVDC cables transmit high voltage direct current over long distances, as they are more efficient than the HVAC technology. This study divides high voltage into three segments: high voltage (35 kV to 475kV), extra high voltage (476 kV to 800 kV),and ultra-high voltage (above 800 kV). In China, most of HVDC transmission lines transport electricity from the eastern part to the western part of the country. More Trending Reports by Transparency Market Research – https://www.prnewswire.com/news-releases/oil–gas-epc-market-to-reach-a-valuation-of-us-64-7-bn-by-2027-growth-in-ep-in-oil-and-gas-industry-boosting-growth-states-transparency-market-research-301005816.htmlIncrease in Usage of XLPE HVDC Cables to Drive HVDC Cables MarketThe usage of mass impregnated cables and oil-filled cables was common when some of the first HVDC transmission lines were installed in the early second half of the 20th century. Request for Discount on This Report at – https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=58167Global HVDC Cables Market Segmented Based on Type, Application, and RegionIn terms of type, the global HVDC cables market has been divided into mass impregnated cables, extruded cables, and others (including oil-filled cables and superconducting cables).

Source: The North Africa Journal August 06, 2020 16:35 UTC