Global Medium Voltage Cables and Accessories Market Report 2023: Powering the Future

Jun 01, 2023

Global Market for Medium Voltage Cables and Accessories

Dublin, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The "Medium Voltage Cables and Accessories - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.Global Medium Voltage Cables and Accessories Market to Reach $97.9 Billion by 2030The global market for Medium Voltage Cables and Accessories estimated at US$54.2 Billion in the year 2022, is projected to reach a revised size of US$97.9 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Underground, one of the segments analyzed in the report is projected to record an 8.1% CAGR and reach US$46 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Overhead segment is readjusted to a revised 7.4% CAGR for the next 8-year period. The U.S. Market is Estimated at $14.8 Billion, While China is Forecast to Grow at 11.7% CAGRThe Medium Voltage Cables and Accessories market in the U.S. is estimated at US$14.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Market Scope

The provided data includes a comprehensive analysis of the global market for Medium Voltage Cables and Accessories, focusing on different geographic regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The analysis covers the years from 2014 to 2030 and provides information on annual sales figures in US$ million and percentage CAGR for various aspects of medium voltage cables and accessories, including different types (Underground, Overhead, Submarine, Industrial, Renewables, Infrastructure), and other end-uses.

The data is presented through multiple tables, offering insights into recent, current, and future trends, as well as a historic review and a 16-year perspective on the market. The analysis also includes a percentage breakdown of value sales for specified regions for the years 2014, 2023, and 2030. This data aims to provide an in-depth understanding of the trends, growth opportunities, and market dynamics in the global medium voltage cables and accessories industry across different geographic regions, product types, and end-use segments.

Market Overview

Influencer Market Insights

World Market Trajectories

Impact of Covid-19 and a Looming Global Recession

Medium Voltage Cables and Accessories - Global Key Competitors Percentage Market Share in 2022 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

What's New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.

Global competitiveness and key competitor percentage market shares

Market presence across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to digital archives and Research Platform

Complimentary updates for one year

Select Competitors (Total 34 Featured) -

ABB Ltd.

Bahra Advanced Cable Manufacture Co. Ltd.

Cablel Hellenic Cables Group

Caledonian Cables Ltd

Dubai Cable Company (Private) Ltd.

EL Sewedy Electric Company

General Cable Corporation

Hebei New Baofeng Wire & Cable Co., Ltd.

Hendrix Wire and Cable

KABELWERK EUPEN AG

Kabelwerke Brugg AG Holding

KEI Industries Limited

Leoni AG

LS Cable & System Ltd.

Nexans S.A.

NKT Group A/S

Prysmian S.p.A.

Riyadh Cables Group Company

Southwire Company, LLC

Sumitomo Electric Industries, Ltd.

Tele-Fonika Cable Americas Corporation

The Okonite Company

Top Cable

TPC Wire & Cable Corp.

Tratos

Key Attributes:

Report Attribute

Details

No. of Pages

89

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$54.2 Billion

Forecasted Market Value (USD) by 2030

$97.9 Billion

Compound Annual Growth Rate

7.7%

Regions Covered

Global

For more information about this report visit https://www.researchandmarkets.com/r/of5ntr

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

Global Market for Medium Voltage Cables and Accessories