건식 케이블 종단 시장 규모, 점유율, 동향 분석 : 설치 장소별, 전압별, 용도별, 지역별 전망 및 예측(2024-2031년)

The Global Dry Cable Termination Market size is expected to reach $3.38 billion by 2031, rising at a market growth of 7.6% CAGR during the forecast period.

The expansion of electricity networks, growing urbanization, and increasing investments in grid modernization have driven the demand for reliable and efficient cable termination solutions. Dry cable terminations are crucial in ensuring seamless power transmission and distribution, reducing energy losses, and enhancing the overall stability of electrical infrastructure. Thus, the power transmission and distribution segment witnessed 36% revenue share in the market in 2023.

The growing need for efficient power transmission and distribution systems worldwide drives the increasing demand for high-voltage cable networks. As electricity consumption rises due to urbanization and industrial expansion, power grids must be upgraded to handle higher loads while minimizing energy losses. In conclusion, the rising demand for high-voltage cable networks in power transmission and distribution drives the market's growth.

Additionally, the global shift toward renewable energy sources such as wind, solar, and hydropower has significantly increased the demand for high-quality cable infrastructure, including dry cable terminations. Renewable energy projects often require extensive power transmission systems to transport electricity from generation sites, which are typically located in remote or offshore areas, to urban centers.

However, one of the primary barriers to the widespread adoption of dry cable terminations is their high initial cost. Compared to traditional oil-filled or resin-based terminations, dry terminations require advanced materials and specialized manufacturing processes, which increase their price. This can be a significant challenge for smaller utility providers, industrial facilities, and emerging markets with limited budgets for power infrastructure upgrades. Therefore, the high initial costs and capital investment required for dry cable terminations hinder the market's growth.

Installation Outlook

Based on installation, the market is characterized into indoor and outdoor dry cable termination. The indoor dry cable terminations segment procured 39% revenue share in the market in 2023. Their adoption is fuelled by their application in industrial facilities, commercial buildings, and data centers where secure and efficient cable termination is required. These terminations are designed to provide insulation and protection against electrical faults within controlled environments, contributing to the safety and efficiency of indoor power distribution systems.

Voltage Outlook

On the basis of voltage, the market is classified into low voltage, medium voltage, and high voltage. The high voltage segment acquired 42% revenue share in the market in 2023. The demand for high-voltage dry cable terminations is primarily driven by their critical role in power transmission networks, substations, and large-scale industrial applications.

Application Outlook

By application, the market is divided into power transmission and distribution, telecommunication, renewable energy, industrial applications, oil & gas, and others. The industrial applications segment garnered 19% revenue share in the market in 2023. Manufacturing, chemical processing, and heavy engineering require robust electrical infrastructure to support their operations.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded 30% revenue share in the market in 2023. The region's strong demand for advanced power transmission and distribution infrastructure, coupled with significant investments in grid modernization, has fuelled the adoption of dry cable terminations.

List of Key Companies Profiled

• TE Connectivity Ltd.
• 3M Company
• Eaton Corporation plc
• Siemens AG
• Hubbell Incorporated
• Prysmian Group
• ABB Ltd.
• Nexans S.A.
• G&W Electric
• Sumitomo Electric Industries, Ltd.

Global Dry Cable Termination Market Report Segmentation

By Installation

• Outdoor Dry Cable Terminations
• Indoor Dry Cable Terminations

By Voltage

• High Voltage
• Medium Voltage
• Low Voltage

By Application

• Power Transmission & Distribution
• Industrial Applications
• Oil & Gas
• Renewable Energy
• Telecommunication
• Other Application

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Dry Cable Termination Market, by Installation
  • 1.4.2 Global Dry Cable Termination Market, by Voltage
  • 1.4.3 Global Dry Cable Termination Market, by Application
  • 1.4.4 Global Dry Cable Termination Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
  • 3.2.3 Market Opportunities
  • 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

• 4.1 Market Share Analysis, 2023
• 4.2 Porter Five Forces Analysis

Chapter 5. Global Dry Cable Termination Market by Installation

• 5.1 Global Outdoor Dry Cable Terminations Market by Region
• 5.2 Global Indoor Dry Cable Terminations Market by Region

Chapter 6. Global Dry Cable Termination Market by Voltage

• 6.1 Global High Voltage Market by Region
• 6.2 Global Medium Voltage Market by Region
• 6.3 Global Low Voltage Market by Region

Chapter 7. Global Dry Cable Termination Market by Application

• 7.1 Global Power Transmission & Distribution Market by Region
• 7.2 Global Industrial Applications Market by Region
• 7.3 Global Oil & Gas Market by Region
• 7.4 Global Renewable Energy Market by Region
• 7.5 Global Telecommunication Market by Region
• 7.6 Global Other Application Market by Region

Chapter 8. Global Dry Cable Termination Market by Region

• 8.1 North America Dry Cable Termination Market
  • 8.1.1 North America Dry Cable Termination Market by Installation
    • 8.1.1.1 North America Outdoor Dry Cable Terminations Market by Country
    • 8.1.1.2 North America Indoor Dry Cable Terminations Market by Country
  • 8.1.2 North America Dry Cable Termination Market by Voltage
    • 8.1.2.1 North America High Voltage Market by Country
    • 8.1.2.2 North America Medium Voltage Market by Country
    • 8.1.2.3 North America Low Voltage Market by Country
  • 8.1.3 North America Dry Cable Termination Market by Application
    • 8.1.3.1 North America Power Transmission & Distribution Market by Country
    • 8.1.3.2 North America Industrial Applications Market by Country
    • 8.1.3.3 North America Oil & Gas Market by Country
    • 8.1.3.4 North America Renewable Energy Market by Country
    • 8.1.3.5 North America Telecommunication Market by Country
    • 8.1.3.6 North America Other Application Market by Country
  • 8.1.4 North America Dry Cable Termination Market by Country
    • 8.1.4.1 US Dry Cable Termination Market
      • 8.1.4.1.1 US Dry Cable Termination Market by Installation
      • 8.1.4.1.2 US Dry Cable Termination Market by Voltage
      • 8.1.4.1.3 US Dry Cable Termination Market by Application
    • 8.1.4.2 Canada Dry Cable Termination Market
      • 8.1.4.2.1 Canada Dry Cable Termination Market by Installation
      • 8.1.4.2.2 Canada Dry Cable Termination Market by Voltage
      • 8.1.4.2.3 Canada Dry Cable Termination Market by Application
    • 8.1.4.3 Mexico Dry Cable Termination Market
      • 8.1.4.3.1 Mexico Dry Cable Termination Market by Installation
      • 8.1.4.3.2 Mexico Dry Cable Termination Market by Voltage
      • 8.1.4.3.3 Mexico Dry Cable Termination Market by Application
    • 8.1.4.4 Rest of North America Dry Cable Termination Market
      • 8.1.4.4.1 Rest of North America Dry Cable Termination Market by Installation
      • 8.1.4.4.2 Rest of North America Dry Cable Termination Market by Voltage
      • 8.1.4.4.3 Rest of North America Dry Cable Termination Market by Application
• 8.2 Europe Dry Cable Termination Market
  • 8.2.1 Europe Dry Cable Termination Market by Installation
    • 8.2.1.1 Europe Outdoor Dry Cable Terminations Market by Country
    • 8.2.1.2 Europe Indoor Dry Cable Terminations Market by Country
  • 8.2.2 Europe Dry Cable Termination Market by Voltage
    • 8.2.2.1 Europe High Voltage Market by Country
    • 8.2.2.2 Europe Medium Voltage Market by Country
    • 8.2.2.3 Europe Low Voltage Market by Country
  • 8.2.3 Europe Dry Cable Termination Market by Application
    • 8.2.3.1 Europe Power Transmission & Distribution Market by Country
    • 8.2.3.2 Europe Industrial Applications Market by Country
    • 8.2.3.3 Europe Oil & Gas Market by Country
    • 8.2.3.4 Europe Renewable Energy Market by Country
    • 8.2.3.5 Europe Telecommunication Market by Country
    • 8.2.3.6 Europe Other Application Market by Country
  • 8.2.4 Europe Dry Cable Termination Market by Country
    • 8.2.4.1 Germany Dry Cable Termination Market
      • 8.2.4.1.1 Germany Dry Cable Termination Market by Installation
      • 8.2.4.1.2 Germany Dry Cable Termination Market by Voltage
      • 8.2.4.1.3 Germany Dry Cable Termination Market by Application
    • 8.2.4.2 UK Dry Cable Termination Market
      • 8.2.4.2.1 UK Dry Cable Termination Market by Installation
      • 8.2.4.2.2 UK Dry Cable Termination Market by Voltage
      • 8.2.4.2.3 UK Dry Cable Termination Market by Application
    • 8.2.4.3 France Dry Cable Termination Market
      • 8.2.4.3.1 France Dry Cable Termination Market by Installation
      • 8.2.4.3.2 France Dry Cable Termination Market by Voltage
      • 8.2.4.3.3 France Dry Cable Termination Market by Application
    • 8.2.4.4 Russia Dry Cable Termination Market
      • 8.2.4.4.1 Russia Dry Cable Termination Market by Installation
      • 8.2.4.4.2 Russia Dry Cable Termination Market by Voltage
      • 8.2.4.4.3 Russia Dry Cable Termination Market by Application
    • 8.2.4.5 Spain Dry Cable Termination Market
      • 8.2.4.5.1 Spain Dry Cable Termination Market by Installation
      • 8.2.4.5.2 Spain Dry Cable Termination Market by Voltage
      • 8.2.4.5.3 Spain Dry Cable Termination Market by Application
    • 8.2.4.6 Italy Dry Cable Termination Market
      • 8.2.4.6.1 Italy Dry Cable Termination Market by Installation
      • 8.2.4.6.2 Italy Dry Cable Termination Market by Voltage
      • 8.2.4.6.3 Italy Dry Cable Termination Market by Application
    • 8.2.4.7 Rest of Europe Dry Cable Termination Market
      • 8.2.4.7.1 Rest of Europe Dry Cable Termination Market by Installation
      • 8.2.4.7.2 Rest of Europe Dry Cable Termination Market by Voltage
      • 8.2.4.7.3 Rest of Europe Dry Cable Termination Market by Application
• 8.3 Asia Pacific Dry Cable Termination Market
  • 8.3.1 Asia Pacific Dry Cable Termination Market by Installation
    • 8.3.1.1 Asia Pacific Outdoor Dry Cable Terminations Market by Country
    • 8.3.1.2 Asia Pacific Indoor Dry Cable Terminations Market by Country
  • 8.3.2 Asia Pacific Dry Cable Termination Market by Voltage
    • 8.3.2.1 Asia Pacific High Voltage Market by Country
    • 8.3.2.2 Asia Pacific Medium Voltage Market by Country
    • 8.3.2.3 Asia Pacific Low Voltage Market by Country
  • 8.3.3 Asia Pacific Dry Cable Termination Market by Application
    • 8.3.3.1 Asia Pacific Power Transmission & Distribution Market by Country
    • 8.3.3.2 Asia Pacific Industrial Applications Market by Country
    • 8.3.3.3 Asia Pacific Oil & Gas Market by Country
    • 8.3.3.4 Asia Pacific Renewable Energy Market by Country
    • 8.3.3.5 Asia Pacific Telecommunication Market by Country
    • 8.3.3.6 Asia Pacific Other Application Market by Country
  • 8.3.4 Asia Pacific Dry Cable Termination Market by Country
    • 8.3.4.1 China Dry Cable Termination Market
      • 8.3.4.1.1 China Dry Cable Termination Market by Installation
      • 8.3.4.1.2 China Dry Cable Termination Market by Voltage
      • 8.3.4.1.3 China Dry Cable Termination Market by Application
    • 8.3.4.2 Japan Dry Cable Termination Market
      • 8.3.4.2.1 Japan Dry Cable Termination Market by Installation
      • 8.3.4.2.2 Japan Dry Cable Termination Market by Voltage
      • 8.3.4.2.3 Japan Dry Cable Termination Market by Application
    • 8.3.4.3 India Dry Cable Termination Market
      • 8.3.4.3.1 India Dry Cable Termination Market by Installation
      • 8.3.4.3.2 India Dry Cable Termination Market by Voltage
      • 8.3.4.3.3 India Dry Cable Termination Market by Application
    • 8.3.4.4 South Korea Dry Cable Termination Market
      • 8.3.4.4.1 South Korea Dry Cable Termination Market by Installation
      • 8.3.4.4.2 South Korea Dry Cable Termination Market by Voltage
      • 8.3.4.4.3 South Korea Dry Cable Termination Market by Application
    • 8.3.4.5 Singapore Dry Cable Termination Market
      • 8.3.4.5.1 Singapore Dry Cable Termination Market by Installation
      • 8.3.4.5.2 Singapore Dry Cable Termination Market by Voltage
      • 8.3.4.5.3 Singapore Dry Cable Termination Market by Application
    • 8.3.4.6 Malaysia Dry Cable Termination Market
      • 8.3.4.6.1 Malaysia Dry Cable Termination Market by Installation
      • 8.3.4.6.2 Malaysia Dry Cable Termination Market by Voltage
      • 8.3.4.6.3 Malaysia Dry Cable Termination Market by Application
    • 8.3.4.7 Rest of Asia Pacific Dry Cable Termination Market
      • 8.3.4.7.1 Rest of Asia Pacific Dry Cable Termination Market by Installation
      • 8.3.4.7.2 Rest of Asia Pacific Dry Cable Termination Market by Voltage
      • 8.3.4.7.3 Rest of Asia Pacific Dry Cable Termination Market by Application
• 8.4 LAMEA Dry Cable Termination Market
  • 8.4.1 LAMEA Dry Cable Termination Market by Installation
    • 8.4.1.1 LAMEA Outdoor Dry Cable Terminations Market by Country
    • 8.4.1.2 LAMEA Indoor Dry Cable Terminations Market by Country
  • 8.4.2 LAMEA Dry Cable Termination Market by Voltage
    • 8.4.2.1 LAMEA High Voltage Market by Country
    • 8.4.2.2 LAMEA Medium Voltage Market by Country
    • 8.4.2.3 LAMEA Low Voltage Market by Country
  • 8.4.3 LAMEA Dry Cable Termination Market by Application
    • 8.4.3.1 LAMEA Power Transmission & Distribution Market by Country
    • 8.4.3.2 LAMEA Industrial Applications Market by Country
    • 8.4.3.3 LAMEA Oil & Gas Market by Country
    • 8.4.3.4 LAMEA Renewable Energy Market by Country
    • 8.4.3.5 LAMEA Telecommunication Market by Country
    • 8.4.3.6 LAMEA Other Application Market by Country
  • 8.4.4 LAMEA Dry Cable Termination Market by Country
    • 8.4.4.1 Brazil Dry Cable Termination Market
      • 8.4.4.1.1 Brazil Dry Cable Termination Market by Installation
      • 8.4.4.1.2 Brazil Dry Cable Termination Market by Voltage
      • 8.4.4.1.3 Brazil Dry Cable Termination Market by Application
    • 8.4.4.2 Argentina Dry Cable Termination Market
      • 8.4.4.2.1 Argentina Dry Cable Termination Market by Installation
      • 8.4.4.2.2 Argentina Dry Cable Termination Market by Voltage
      • 8.4.4.2.3 Argentina Dry Cable Termination Market by Application
    • 8.4.4.3 UAE Dry Cable Termination Market
      • 8.4.4.3.1 UAE Dry Cable Termination Market by Installation
      • 8.4.4.3.2 UAE Dry Cable Termination Market by Voltage
      • 8.4.4.3.3 UAE Dry Cable Termination Market by Application
    • 8.4.4.4 Saudi Arabia Dry Cable Termination Market
      • 8.4.4.4.1 Saudi Arabia Dry Cable Termination Market by Installation
      • 8.4.4.4.2 Saudi Arabia Dry Cable Termination Market by Voltage
      • 8.4.4.4.3 Saudi Arabia Dry Cable Termination Market by Application
    • 8.4.4.5 South Africa Dry Cable Termination Market
      • 8.4.4.5.1 South Africa Dry Cable Termination Market by Installation
      • 8.4.4.5.2 South Africa Dry Cable Termination Market by Voltage
      • 8.4.4.5.3 South Africa Dry Cable Termination Market by Application
    • 8.4.4.6 Nigeria Dry Cable Termination Market
      • 8.4.4.6.1 Nigeria Dry Cable Termination Market by Installation
      • 8.4.4.6.2 Nigeria Dry Cable Termination Market by Voltage
      • 8.4.4.6.3 Nigeria Dry Cable Termination Market by Application
    • 8.4.4.7 Rest of LAMEA Dry Cable Termination Market
      • 8.4.4.7.1 Rest of LAMEA Dry Cable Termination Market by Installation
      • 8.4.4.7.2 Rest of LAMEA Dry Cable Termination Market by Voltage
      • 8.4.4.7.3 Rest of LAMEA Dry Cable Termination Market by Application

Chapter 9. Company Profiles

• 9.1 TE Connectivity Ltd.
  • 9.1.1 Company Overview
  • 9.1.2 Financial Analysis
  • 9.1.3 Segmental and Regional Analysis
  • 9.1.4 Research & Development Expense
  • 9.1.5 SWOT Analysis
• 9.2 3M Company
  • 9.2.1 Company Overview
  • 9.2.2 Financial Analysis
  • 9.2.3 Segmental and Regional Analysis
  • 9.2.4 Research & Development Expense
  • 9.2.5 SWOT Analysis
• 9.3 Eaton Corporation PLC
  • 9.3.1 Company Overview
  • 9.3.2 Financial Analysis
  • 9.3.3 Segmental and Regional Analysis
  • 9.3.4 Research & Development Expense
  • 9.3.5 SWOT Analysis
• 9.4 Siemens AG
  • 9.4.1 Company Overview
  • 9.4.2 Financial Analysis
  • 9.4.3 Segmental and Regional Analysis
  • 9.4.4 Research & Development Expense
  • 9.4.5 SWOT Analysis
• 9.5 Hubbell Incorporated
  • 9.5.1 Company Overview
  • 9.5.2 Financial Analysis
  • 9.5.3 Segmental and Regional Analysis
  • 9.5.4 Research & Development Expenses
  • 9.5.5 SWOT Analysis
• 9.6 Prysmian Group
  • 9.6.1 Company Overview
  • 9.6.2 Financial Analysis
  • 9.6.3 Segmental and Regional Analysis
  • 9.6.4 Research & Development Expenses
  • 9.6.5 SWOT Analysis
• 9.7 ABB Ltd.
  • 9.7.1 Company Overview
  • 9.7.2 Financial Analysis
  • 9.7.3 Segmental and Regional Analysis
  • 9.7.4 Research & Development Expense
  • 9.7.5 SWOT Analysis
• 9.8 Nexans S.A.
  • 9.8.1 Company Overview
  • 9.8.2 Financial Analysis
  • 9.8.3 Segmental and Regional Analysis
  • 9.8.4 Research & Development Expense
  • 9.8.5 SWOT Analysis
• 9.9 G&W Electric
  • 9.9.1 Company Overview
• 9.10. Sumitomo Electric Industries, Ltd.
  • 9.10.1 Company Overview
  • 9.10.2 Financial Analysis
  • 9.10.3 Segmental and Regional Analysis
  • 9.10.4 Research & Development Expenses
  • 9.10.5 SWOT Analysis

Chapter 10. Winning Imperatives of Dry Cable Termination Market