The global medium voltage power cable market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for power transmission and distribution networks across the globe, which in turn leads to an increase in the need for medium voltage cables.
Copper-based cables are expected to dominate this market during the forecast period due to their high conductivity and low cost as compared with other types of cables such as aluminum or aluminum alloy-based cables. Copper-based cables are also preferred over other types because they have a higher resistance against corrosion than aluminum or aluminum alloy-based cables, which makes them more durable and reliable over time.
Some Of The Growth Factors Of This Market:
- The growth of the global Medium Voltage Power Cable market is driven by factors such as increasing demand for power cables in emerging economies and growing need for power transmission and distribution networks in developed economies.
- Increasing investments in infrastructure projects are also driving the growth of the global Medium Voltage Power Cable market, which will lead to an increase in demand for power cables globally over the next few years.
- The increasing use of renewable energy sources such as solar and wind energy is also driving the growth of this market, as these sources require medium voltage power cables to transmit electricity from generation points to end users or consumers across long distances without any interruption or loss of voltage levels along transmission lines due to resistance losses that occur with low voltage lines (less than 600 volts).
Industry Growth Insights published a new data on “Medium Voltage Power Cable Market”. The research report is titled “Medium Voltage Power Cable Market research by Types (Copper, Aluminum, Aluminum alloy), By Applications (Overhead Type, Underground Type, Submarine Type, Industry Type), By Players/Companies General Cable, Prysmian Group, Leoni, Sumitomo Electric, Nexans, LS Cable Group, Caledonian, Ducab, Kapis Group, NKT, Southwire, Hengtong Cable, Jiangnan Group, Zhongchao, Wanma Group, Sun Cable, Orient Cable, Hangzhou Cable, NAN, Wanda Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Voltage Power Cable Market Research Report
By Type
Copper, Aluminum, Aluminum alloy
By Application
Overhead Type, Underground Type, Submarine Type, Industry Type
By Companies
General Cable, Prysmian Group, Leoni, Sumitomo Electric, Nexans, LS Cable Group, Caledonian, Ducab, Kapis Group, NKT, Southwire, Hengtong Cable, Jiangnan Group, Zhongchao, Wanma Group, Sun Cable, Orient Cable, Hangzhou Cable, NAN, Wanda Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Medium Voltage Power Cable Market Report Segments:
The global Medium Voltage Power Cable market is segmented on the basis of:
Types
Copper, Aluminum, Aluminum alloy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Overhead Type, Underground Type, Submarine Type, Industry Type
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Cable
- Prysmian Group
- Leoni
- Sumitomo Electric
- Nexans
- LS Cable Group
- Caledonian
- Ducab
- Kapis Group
- NKT
- Southwire
- Hengtong Cable
- Jiangnan Group
- Zhongchao
- Wanma Group
- Sun Cable
- Orient Cable
- Hangzhou Cable
- NAN
- Wanda Group
Highlights of The Medium Voltage Power Cable Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copper
- Aluminum
- Aluminum alloy
- By Application:
- Overhead Type
- Underground Type
- Submarine Type
- Industry Type
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medium Voltage Power Cable Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medium voltage power cable is a type of electrical cable used to transmit power between two points. It typically has a thicker insulation than standard electrical cables, and can handle higher voltages.
Some of the major companies in the medium voltage power cable market are General Cable, Prysmian Group, Leoni, Sumitomo Electric, Nexans, LS Cable Group, Caledonian, Ducab, Kapis Group, NKT, Southwire, Hengtong Cable, Jiangnan Group, Zhongchao, Wanma Group, Sun Cable, Orient Cable, Hangzhou Cable, NAN, Wanda Group.
The medium voltage power cable market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medium Voltage Power Cable Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medium Voltage Power Cable Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medium Voltage Power Cable Market - Supply Chain
4.5. Global Medium Voltage Power Cable Market Forecast
4.5.1. Medium Voltage Power Cable Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medium Voltage Power Cable Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medium Voltage Power Cable Market Absolute $ Opportunity
5. Global Medium Voltage Power Cable Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medium Voltage Power Cable Market Size and Volume Forecast by Type
5.3.1. Copper
5.3.2. Aluminum
5.3.3. Aluminum alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medium Voltage Power Cable Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medium Voltage Power Cable Market Size and Volume Forecast by Application
6.3.1. Overhead Type
6.3.2. Underground Type
6.3.3. Submarine Type
6.3.4. Industry Type
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medium Voltage Power Cable Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medium Voltage Power Cable Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medium Voltage Power Cable Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medium Voltage Power Cable Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medium Voltage Power Cable Demand Share Forecast, 2019-2026
9. North America Medium Voltage Power Cable Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medium Voltage Power Cable Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medium Voltage Power Cable Market Size and Volume Forecast by Application
9.4.1. Overhead Type
9.4.2. Underground Type
9.4.3. Submarine Type
9.4.4. Industry Type
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medium Voltage Power Cable Market Size and Volume Forecast by Type
9.7.1. Copper
9.7.2. Aluminum
9.7.3. Aluminum alloy
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medium Voltage Power Cable Demand Share Forecast, 2019-2026
10. Latin America Medium Voltage Power Cable Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medium Voltage Power Cable Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medium Voltage Power Cable Market Size and Volume Forecast by Application
10.4.1. Overhead Type
10.4.2. Underground Type
10.4.3. Submarine Type
10.4.4. Industry Type
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medium Voltage Power Cable Market Size and Volume Forecast by Type
10.7.1. Copper
10.7.2. Aluminum
10.7.3. Aluminum alloy
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medium Voltage Power Cable Demand Share Forecast, 2019-2026
11. Europe Medium Voltage Power Cable Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medium Voltage Power Cable Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medium Voltage Power Cable Market Size and Volume Forecast by Application
11.4.1. Overhead Type
11.4.2. Underground Type
11.4.3. Submarine Type
11.4.4. Industry Type
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medium Voltage Power Cable Market Size and Volume Forecast by Type
11.7.1. Copper
11.7.2. Aluminum
11.7.3. Aluminum alloy
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medium Voltage Power Cable Demand Share, 2019-2026
12. Asia Pacific Medium Voltage Power Cable Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medium Voltage Power Cable Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medium Voltage Power Cable Market Size and Volume Forecast by Application
12.4.1. Overhead Type
12.4.2. Underground Type
12.4.3. Submarine Type
12.4.4. Industry Type
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medium Voltage Power Cable Market Size and Volume Forecast by Type
12.7.1. Copper
12.7.2. Aluminum
12.7.3. Aluminum alloy
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medium Voltage Power Cable Demand Share, 2019-2026
13. Middle East & Africa Medium Voltage Power Cable Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medium Voltage Power Cable Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medium Voltage Power Cable Market Size and Volume Forecast by Application
13.4.1. Overhead Type
13.4.2. Underground Type
13.4.3. Submarine Type
13.4.4. Industry Type
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medium Voltage Power Cable Market Size and Volume Forecast by Type
13.7.1. Copper
13.7.2. Aluminum
13.7.3. Aluminum alloy
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medium Voltage Power Cable Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medium Voltage Power Cable Market: Market Share Analysis
14.2. Medium Voltage Power Cable Distributors and Customers
14.3. Medium Voltage Power Cable Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Cable
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Prysmian Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Leoni
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nexans
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LS Cable Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Caledonian
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ducab
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kapis Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NKT
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Southwire
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hengtong Cable
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangnan Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhongchao
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wanma Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sun Cable
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Orient Cable
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hangzhou Cable
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. NAN
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Wanda Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
