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 2030
The 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% CAGR
The 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
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