APO RESEARCH · REPORT
High Voltage Direct Current (HVDC) Cable
High Voltage Direct Current (HVDC) Cable are including the submarine, underground and the overhead cable.
Product & engineering
Understand the product.
High Voltage Direct Current (HVDC) Cable are including the submarine, underground and the overhead cable.
High Voltage Direct Current (HVDC) underground cables have been in commercial use since the 1950’s. Today, HVDC underground cables can carry medium and high power (100 MW up to 1,000 MW) over distances above 50 km.
So far, HVDC transmission has mainly been used in submarine applications, either connecting offshore wind farms to land or transmitting high electrical power over long distance through the sea were overhead lines cannot be used.
Selected research
Industry Research
High Voltage Direct Current (HVDC) Cable Industry Research Report 2026
Market perspective
High Voltage Direct Current (HVDC) Cable are including the submarine, underground and the overhead cable.
High Voltage Direct Current (HVDC) underground cables have been in commercial use since the 1950’s. Today, HVDC underground cables can carry medium and high power (100 MW up to 1,000 MW) over distances above 50 km.
So far, HVDC transmission has mainly been used in submarine applications, either connecting offshore wind farms to land or transmitting high electrical power over long distance through the sea were overhead lines cannot be used.
Read the full market overview
Global High Voltage Direct Current (HVDC) Cable key players include ABB, NKT, Nexans, Prysmian, etc. Global top four manufacturers hold a share about 85%.
China is the largest market, with a share over 40%, followed by Europe, and North America, both have a share over 40 percent.
In terms of product, 151-300 KV is the largest segment, with a share nearly 55%. And in terms of application, the largest application is Overhead, followed by Submarine, Underground.
Report Scope
This report quantifies the global High Voltage Direct Current (HVDC) Cable market in revenue (US$ million) and, where applicable, sales volume (K Meter), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Meter) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to High Voltage Direct Current (HVDC) Cable.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
High Voltage Direct Current (HVDC) Cable Market by Company
ABB
Nexans
NKT
Prysman
General Cable
LS Cable
High Voltage Direct Current (HVDC) Cable Segment by Type
60-150 KV
151-300 KV
Above 300 KV
High Voltage Direct Current (HVDC) Cable Segment by Application
Submarine
Underground
Overhead
High Voltage Direct Current (HVDC) Cable Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global High Voltage Direct Current (HVDC) Cable market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of High Voltage Direct Current (HVDC) Cable and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of High Voltage Direct Current (HVDC) Cable.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of High Voltage Direct Current (HVDC) Cable manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of High Voltage Direct Current (HVDC) Cable by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of High Voltage Direct Current (HVDC) Cable in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 60-150 KV
- 151-300 KV
- Above 300 KV
Applications
- Submarine
- Underground
- Overhead
Companies covered
- ABB
- Nexans
- NKT
- Prysman
- General Cable
- LS Cable
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 High Voltage Direct Current (HVDC) Cable by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 60-150 KV
- 2.2.3 151-300 KV
- 2.2.4 Above 300 KV
- 2.3 High Voltage Direct Current (HVDC) Cable by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Submarine
- 2.3.3 Underground
- 2.3.4 Overhead
- 2.4 Global Market Growth Prospects
- 2.4.1 Global High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global High Voltage Direct Current (HVDC) Cable Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global High Voltage Direct Current (HVDC) Cable Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global High Voltage Direct Current (HVDC) Cable Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global High Voltage Direct Current (HVDC) Cable Production by Manufacturers (2021-2026)
- 3.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Manufacturers (2021-2026)
- 3.3 Global High Voltage Direct Current (HVDC) Cable Average Price by Manufacturers (2021-2026)
- 3.4 Global High Voltage Direct Current (HVDC) Cable Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global High Voltage Direct Current (HVDC) Cable Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global High Voltage Direct Current (HVDC) Cable Manufacturers, Product Type & Application
- 3.7 Global High Voltage Direct Current (HVDC) Cable Manufacturers Established Date
- 3.8 Global High Voltage Direct Current (HVDC) Cable Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 ABB
- 4.1.1 ABB High Voltage Direct Current (HVDC) Cable Company Information
- 4.1.2 ABB High Voltage Direct Current (HVDC) Cable Business Overview
- 4.1.3 ABB High Voltage Direct Current (HVDC) Cable Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 ABB Product Portfolio
- 4.1.5 ABB Recent Developments
- 4.2 Nexans
- 4.2.1 Nexans High Voltage Direct Current (HVDC) Cable Company Information
- 4.2.2 Nexans High Voltage Direct Current (HVDC) Cable Business Overview
- 4.2.3 Nexans High Voltage Direct Current (HVDC) Cable Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Nexans Product Portfolio
- 4.2.5 Nexans Recent Developments
- 4.3 NKT
- 4.3.1 NKT High Voltage Direct Current (HVDC) Cable Company Information
- 4.3.2 NKT High Voltage Direct Current (HVDC) Cable Business Overview
- 4.3.3 NKT High Voltage Direct Current (HVDC) Cable Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 NKT Product Portfolio
- 4.3.5 NKT Recent Developments
- 4.4 Prysman
- 4.4.1 Prysman High Voltage Direct Current (HVDC) Cable Company Information
- 4.4.2 Prysman High Voltage Direct Current (HVDC) Cable Business Overview
- 4.4.3 Prysman High Voltage Direct Current (HVDC) Cable Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Prysman Product Portfolio
- 4.4.5 Prysman Recent Developments
- 4.5 General Cable
- 4.5.1 General Cable High Voltage Direct Current (HVDC) Cable Company Information
- 4.5.2 General Cable High Voltage Direct Current (HVDC) Cable Business Overview
- 4.5.3 General Cable High Voltage Direct Current (HVDC) Cable Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 General Cable Product Portfolio
- 4.5.5 General Cable Recent Developments
- 4.6 LS Cable
- 4.6.1 LS Cable High Voltage Direct Current (HVDC) Cable Company Information
- 4.6.2 LS Cable High Voltage Direct Current (HVDC) Cable Business Overview
- 4.6.3 LS Cable High Voltage Direct Current (HVDC) Cable Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 LS Cable Product Portfolio
- 4.6.5 LS Cable Recent Developments
5 Global High Voltage Direct Current (HVDC) Cable Production by Region
- 5.1 Global High Voltage Direct Current (HVDC) Cable Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global High Voltage Direct Current (HVDC) Cable Production by Region: 2021-2032
- 5.2.1 Global High Voltage Direct Current (HVDC) Cable Production by Region: 2021-2026
- 5.2.2 Global High Voltage Direct Current (HVDC) Cable Production Forecast by Region (2027-2032)
- 5.3 Global High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global High Voltage Direct Current (HVDC) Cable Production Value by Region: 2021-2032
- 5.4.1 Global High Voltage Direct Current (HVDC) Cable Production Value by Region: 2021-2026
- 5.4.2 Global High Voltage Direct Current (HVDC) Cable Production Value Forecast by Region (2027-2032)
- 5.5 Global High Voltage Direct Current (HVDC) Cable Market Price Analysis by Region (2021-2026)
- 5.6 Global High Voltage Direct Current (HVDC) Cable Production and Value, YOY Growth
- 5.6.1 North America High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan High Voltage Direct Current (HVDC) Cable Production Value Estimates and Forecasts (2021-2032)
6 Global High Voltage Direct Current (HVDC) Cable Consumption by Region
- 6.1 Global High Voltage Direct Current (HVDC) Cable Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global High Voltage Direct Current (HVDC) Cable Consumption by Region (2021-2032)
- 6.2.1 Global High Voltage Direct Current (HVDC) Cable Consumption by Region: 2021-2026
- 6.2.2 Global High Voltage Direct Current (HVDC) Cable Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America High Voltage Direct Current (HVDC) Cable Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe High Voltage Direct Current (HVDC) Cable Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific High Voltage Direct Current (HVDC) Cable Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa High Voltage Direct Current (HVDC) Cable Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa High Voltage Direct Current (HVDC) Cable Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global High Voltage Direct Current (HVDC) Cable Production by Type (2021-2032)
- 7.1.1 Global High Voltage Direct Current (HVDC) Cable Production by Type (2021-2032) & (K Meter)
- 7.1.2 Global High Voltage Direct Current (HVDC) Cable Production Market Share by Type (2021-2032)
- 7.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Type (2021-2032)
- 7.2.1 Global High Voltage Direct Current (HVDC) Cable Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global High Voltage Direct Current (HVDC) Cable Production Value Market Share by Type (2021-2032)
- 7.3 Global High Voltage Direct Current (HVDC) Cable Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global High Voltage Direct Current (HVDC) Cable Production by Application (2021-2032)
- 8.1.1 Global High Voltage Direct Current (HVDC) Cable Production by Application (2021-2032) & (K Meter)
- 8.1.2 Global High Voltage Direct Current (HVDC) Cable Production Market Share by Application (2021-2032)
- 8.2 Global High Voltage Direct Current (HVDC) Cable Production Value by Application (2021-2032)
- 8.2.1 Global High Voltage Direct Current (HVDC) Cable Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global High Voltage Direct Current (HVDC) Cable Production Value Market Share by Application (2021-2032)
- 8.3 Global High Voltage Direct Current (HVDC) Cable Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 High Voltage Direct Current (HVDC) Cable Value Chain Analysis
- 9.1.1 High Voltage Direct Current (HVDC) Cable Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 High Voltage Direct Current (HVDC) Cable Production Mode & Process
- 9.2 High Voltage Direct Current (HVDC) Cable Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 High Voltage Direct Current (HVDC) Cable Distributors
- 9.2.3 High Voltage Direct Current (HVDC) Cable Customers
10 Global High Voltage Direct Current (HVDC) Cable Analyzing Market Dynamics
- 10.1 High Voltage Direct Current (HVDC) Cable Industry Trends
- 10.2 High Voltage Direct Current (HVDC) Cable Industry Drivers
- 10.3 High Voltage Direct Current (HVDC) Cable Industry Opportunities and Challenges
- 10.4 High Voltage Direct Current (HVDC) Cable Industry Restraints
11 Report Conclusion
12 Disclaimer
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