Medium Voltage Cables & Accessories Market – Industry Analysis
Posted by Manisha Kashid on March 11th, 2020
Medium Voltage Cables and Accessories Market is expected to reach USD XX Billion by 2026 from USD 43.33 Billion in 2018 at a CAGR of XX % (Detailed analysis of the market CAGR is provided in the report).
The medium voltage cable band depends on the countries, standard-setting bodies and the type of system. Engineers are only referred to low voltage and high voltage cables. The concept of medium voltage only introduced when the level of voltages increased and the need arises for a greater classification of range.
Medium Voltage Cables & Accessories Market
The Medium Voltage Cables and Accessories Market based on voltage has been segmented into 1–5 kV, 6–13 kV, 23 kV, 34 kV, 45 kV, and 69 kV. The 6–13 kV voltage range segment formed one of the major contributors to market growth due to large demand by end-users. Based on installation and products underground segment is expected to hold the largest market share for the market.
Geographically, the market has been segmented into Asia-Pacific, North America, Europe, Middle-East & Africa, and Latin America. The market in the Asia Pacific (APAC) is expected to be one of the largest markets for medium voltage cables and accessories. Rapid industrialization & urbanization and increase in renewable energy generation are some of the factors driving the Medium Voltage Cables and Accessories Market growth.
Key Highlights:
• Medium Voltage Cables and Accessories market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Medium Voltage Cables and Accessories market.
• Medium Voltage Cables and Accessories market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Medium Voltage Cables and Accessories market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study.
• Medium Voltage Cables and Accessories market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Medium Voltage Cables and Accessories market are also profiled.
Research Methodology
Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about Medium Voltage Cables and Accessories market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Medium Voltage Cables and Accessories Market globally.
Some of the key players operating in the medium voltage cables & accessories market include
• Cable Corporation (US)
• Nexans S.A. (France)
• Sumitomo Electric Industries, Ltd. (Japan)
• NKT Group (Denmark)
• Prysmian S.p.A. (Italy)
• Southwire Company, LLC (US)
• ABB Ltd. (Switzerland)
• LS Cable & System Ltd. (South Korea)
• Tele-Fonika Cable Americas Corporation (US).
Key Target Audience:
• Cable manufacturing companies
• Energy associations & Environment associations
• Engineering, procurement and construction contractors
• Consulting companies in the energy sector
• Government and research organizations
• Insulation raw material suppliers
• Investment banks
• Medium voltage cables, accessories, and equipment manufacturers
• Power transmission and distribution companies
Years considered to estimate the market size of the Medium Voltage Cables and Accessories market have been mentioned below:
• Base year-2018
• Estimated year-2019
• Forecast year- 2019 to 2026
For more information of visit:https://www.maximizemarketresearch.com/market-report/medium-voltage-cables-accessories-market/1228/
The scope of the Report:
The Research report segments the medium voltage cables & accessories market based on voltage range, installation, and products, end-user and geography
Medium Voltage Cables & Accessories Market, By Voltage Range:
• 1–5 kV
• 6–13 kV
• 23 kV
• 34 kV
• 45 kV
• 69 kV
Medium Voltage Cables & Accessories Market, By Installation and Products:
• Overhead
o Conducting wires
o Fittings and Fixtures
o Others
• Underground
o MI Cables
o XLPE Cables
o Cable Terminations
o Cable Joints
o Others
• Submarine
o MI Cables
o XLPE Cables
o Cable Terminations
o Cable Joints
o Others
Medium Voltage Cables & Accessories Market, By End-User:
• Industrial
• Infrastructure
• Renewables
Medium Voltage Cables & Accessories Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
This Report Is Submitted By : Maximize Market Research Company
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