The global demand for Medium Voltage Cable Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Medium voltage cables refers to the cable having a voltage rating of above 1kV up to 100kV. These cables are made of an aluminium or copper conductor, a conductor shield, insulation, an insulation shield, and jacketing material.The choice of jacketing material depends on the environment in which the jacket will be exposed. These cables are used to supply electricity to commercial or residential buildings and industrial distribution circuits. They are easy to install and offer superior flex life. They are highly flexible & durable. They also provide protection against abrasion, oil, impact, ozone & tearing. They are long lasting and can withstand extreme abuse situations.
Market Dynamics
The key factor driving the demand for medium voltage cables market is rapidly increasing energy demand and growing need for reliable power supply. Rapid industrialization and urbanization are propelling the demand for this market. Rising concerns to reduce the harmful greenhouse gas emissions and shift towards clean energy generation technologies are expected to create several growth opportunities for this market. Moreover, increasing construction expenditure to build energy-efficient electricity infrastructure are boosting the demand for this market. Rising investments in transmission and distribution networks grid expansion are further pushing the demand for this market. However,high initial expenditure and project delays can obstruct the demand for this market
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of medium voltage cable. The growth and trends of medium voltage cable industry provide a holistic approach to this study.
Market Segmentation
This section of the medium voltage cable market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Voltage
- Up To 25KV
- 26KV-50KV
- 51KV-75KV
- 76KV-100KV
By Product
- Termination Cables
- Joints
- Xlpe Cables
- Others
By Installation
- Underground
- Submarine
- Overhead
By End User
- Industrial
- Commercial
- Utility
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Medium Voltage Cable market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Medium Voltage Cable Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the medium voltage cable market include Brugg Cables, Eland Cables Ltd., Hellenic Cable Industry S.A., Leoni, Nexans, NKT Cables, Prysmian SpA, Southwire, Sumitomo Electric Industries, and TPC Wire & Cable Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
