According to a market report by Lucintel, the future of the global medium voltage power cable market looks promising with opportunities in the utility, industrial, commercial, and renewable energy markets. The global medium voltage power cable market is expected to grow with a CAGR of 6.4% from 2025 to 2031. The major drivers for this market are the rising demand for electricity, the growing renewable energy projects, and the increasing infrastructure development.
A more than 150-page report to understand trends, opportunity and forecast in medium voltage power cable market to 2031 by installation (overhead, underground, and submarine), voltage range (1-15 KV, 15-30 KV, 30-45 KV, and 45-60 KV), end use (utilities, industrial, commercial, renewable energy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the installation category, overhead is expected to witness the highest growth over the forecast period.
Within the end use category, renewable energy is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Prysmian Group, Nexans, General Cable Corporation, Southwire Company, Sumitomo Electric Industries, LS Cable & System, Furukawa Electric, Leoni, NKT, TPC Wire & Cable are the major suppliers in the medium voltage power cable market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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