Global Medium Voltage Cables Market: Emerging Trends, Major Key Players General Cable Corporation and Nexans S.A

According to the report, The global Medium Voltage Cables market size is expected to reach $56.04 Billion by 2028 growing at the CAGR of 7.54% from 2021 to 2028. The growing demand for a stable power supply usually drives the medium voltage cable industry. Following that, there are investments in transmission and distribution network grid growth and the development of safe electrical infrastructure. Medium voltage cables are also in high demand due to their excellent operational efficiency, proper load allocation between circuits, increased system stability, ease of installation, and virtual deployment. Medium-voltage cables can be found in any part of the electrical grid. Electricity is in high demand all across the world. And this is primarily from nations such As China, where industrialization and urbanization have accelerated.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global MEDIUM VOLTAGE CABLES MARKET industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Medium Voltage Cables Market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Medium Voltage Cables Market players holding highest market share include General Cable Corporation, Nexans S.A, NKT Group A/S and Prysmian S.p.A. These players use expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● General Cable Corporation
● Nexans S.A
● NKT Group A/S
● Prysmian S.p.A
● Sumitomo Electric Industries, Ltd
● Southwire Company, LLC
● Kabelwerke Brugg AG Holding
● Sewedy Electric Company
● Leoni AG
● ABB Ltd

Segmental Analysis

Market Segment By Installation Type with focus on market share, consumption trend, and growth rate of MEDIUM VOLTAGE CABLES MARKET:
● Underground
● Overhead
● Submarine

Market Segment By Voltage Range with focus on market share, consumption trend, and growth rate of MEDIUM VOLTAGE CABLES MARKET:
● 1–5 kV
● 6–13 kV
● 23 kV
● 34 k,
● 45 kV
● More than 69 kV

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Global Medium Voltage Cables Market Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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