Medium Voltage Cable Market Research Report 2022 Size, Industry Growth Trends By Regions, Forecast To 2031

The global medium voltage cable market report by the business research company identifies rising electricity demand to be a major growth driver for the medium voltage cable market. Within a power grid, medium-voltage cables serve to supply a region with electrical energy. During the pandemic, the demand for electronic items such as laptops and desktops has increased due to the increase in work from home culture, which in turn increases the demand for medium voltage cables. According to the India Brand Equity Foundation (IBEF), an Indian government export promotion agency, in June 2021, the power consumption grew by 12.6%, which is 25.36 billion units, due to the electricity demand. Also, according to the International Energy Agency (IEA), a Paris-based autonomous intergovernmental organization, power demand in India is expected to grow at an annual rate of 6.5% between 2022 and 2024, backed by rising consumption from residential and industrial segments.

The global medium voltage cable market size is expected to grow from $27.86 billion in 2021 to $29.58 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The global medium voltage cable market size is expected to grow to $39.12 billion in 2026 at a CAGR of 7.2%.

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Asia-Pacific was the largest region in the medium voltage cable market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global medium voltage cable market during the forecast period. The regions covered in the global medium voltage cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the medium voltage cable market are Brugg Kabel AG, Cablel, Leoni AG, Nexans, NKT A/S, Prysmian Group, Southwire Company LLC, Sumitomo Electric Industries, TPC Wire And Cable Corp, General Cable Technologies Corporation, Riyadh Cables Group Company, Jiangnan Group, Tratos Cavi SpA, Universal Cables Ltd., and Synergy Cables.

The global medium voltage cable market is segmented -
1) By Product: Termination Cables, Joints, Cross-Linked Polyethylene (XLPE) Cables, Others
2) By Voltage: Up to 25kV, 26kV-50kV, 51kV-75kV, 76kV-100kV,
3) By Installation: Underground, Submarine, Overhead
4) By Application: Industrial, Commercial, Utility
5) By End Users: Oil and Gas, Energy and Power, Mining, Manufacturing, Transportation, Commercial, Residential

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The Medium Voltage Cable Market Report Contents Include
1. Executive Summary
2. Medium Voltage Cable Market Characteristics
3. Medium Voltage Cable Market Trends And Strategies
4. Impact Of COVID-19 On Medium Voltage Cable
5. Medium Voltage Cable Market Size And Growth
....
27. Africa Medium Voltage Cable Market
28. Key Mergers And Acquisitions In The Medium Voltage Cable Market
29. Medium Voltage Cable Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the medium voltage cable market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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