Press release
Key Trends Influencing the Growth of the Medium Voltage Cable Market in 2025: Technological Innovations Drive Eco-Friendly Solutions In The Medium Voltage Cable Market
Medium Voltage Cable Market Size
Medium Voltage Cable Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been substantial growth in the medium voltage cable market size over the past few years. The market, which is projected to increase from $33.46 billion in 2024 to $35.46 billion in 2025, is expected to have a compound annual growth rate (CAGR) of 6.0%. Factors contributing to the growth during the historical period include the effects of industrialization, rising energy demand, growth in urbanization and infrastructure, increasing adoption of renewable energy, and the need to replace aging infrastructure.
Medium Voltage Cable Market Size Forecast: What's the Projected Valuation by 2029?
The market size for medium voltage cables is predicted to experience significant expansion in the upcoming years, with a projection to reach $45.67 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%. Factors contributing to this growth within the forecasted period include supply chain dynamics, energy efficiency regulations, government funding, the increased usage of electric vehicles, and urbanization trends. During the forecast period, key trends such as safety and environmental norms, demands for resilience and reliability, the infrastructure for charging electric vehicles, digitization in the energy sector, and energy transition policies will also play a significant role.
View the full report here:
https://www.thebusinessresearchcompany.com/report/medium-voltage-cable-global-market-report
What Are the Drivers Transforming the Medium Voltage Cable Market?
The medium voltage cable market was driven by the surging electricity demand during the historic period. These cables, which are a vital component of a power grid, are used to deliver electricity to particular regions. The recent pandemic led to a spike in demand for electronic devices like laptops and desktops due to the emergence of the work-from-home trend, consequently boosting the need for medium-voltage cables. For example, a report by the France-based autonomous intergovernmental organization, the International Energy Agency (IEA), showed a jump of 2.6% in the 2022 electricity demand in the United States compared to the previous year. This growing electricity demand served as a key driver for the medium voltage cables market during this period.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6624&type=smp
What Long-Term Trends Will Define the Future of the Medium Voltage Cable Market?
Advancements in technology are influencing the medium voltage cable industry. Firms in this market are intent on creating environmentally conscious items. For example, Philatron, a custom cable and wire manufacturer from the U.S., has introduced their new Philatron-EF Environmental Friendly Power Cables, which are crafted with an exclusive blend of recyclable thermoplastics. These thermoplastics surpass the performance of TR-XLPE (tree-retardant cross-linked polyethylene) and EPR (ethylene propylene rubber). These cables have a superior dielectric strength value, are harmless, and are aptly suited for recycling.
Which Segments in the Medium Voltage Cable Market Offer the Most Profit Potential?
The medium voltage cable market covered in this report is segmented -
1) By Product: Termination Cables, Joints, Cross-Linked Polyethylene (XLPE) Cables, Other Products
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
Subsegments:
1) By Termination Cables: Indoor Termination Cables, Outdoor Termination Cables
2) By Joints: Straight Joints, Branch Joints, Transition Joints
3) By Cross-Linked Polyethylene (XLPE) Cables: XLPE Power Cables, XLPE Control Cables
4) By Other Products: Armored Medium Voltage Cables, Unarmored Medium Voltage Cables, Composite Cables
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6624&type=smp
Which Firms Dominate the Medium Voltage Cable Market by Market Share and Revenue in 2025?
Major companies operating in the medium voltage cable market include Sumitomo Electric Industries Ltd., Hitachi Cable Ltd., Jiangsu Hengtong Cable Co Ltd., General Cable Technologies Corporation, Prysmian Group S.p.A., Nexans France SAS, Furukawa Electric Co Ltd., ZTT Cable Co Ltd., Guangdong Guangyi Electric Power Co Ltd., Pirelli S.p.A., LEONI AG, KEI Industries Limited, Shandong Hengsheng Cable Co Ltd., LS Cable & System Ltd., Ducab DWC LLC, Riyadh Cables Group Company, NKT Holding A/S, Southwire Company LLC, Sterlite Technologies Limited, Brugg Kabel AG, Taihan Electric Wire Co Ltd., Eland Cables Plc, Tratos Cavi S.p.A., Synergy Cables Limited, Chinese Cables & Conductors Co Ltd., Universal Cables Limited, TPC Wire & Cable Corporation, Hanwha Corporation, Jiangsu Jiangnan Cable Group Co Ltd., Cablel S.A.
Which Regions Offer the Highest Growth Potential in the Medium Voltage Cable Market?
Asia-Pacific was the largest region in the medium voltage cable market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medium voltage cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6624
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Trends Influencing the Growth of the Medium Voltage Cable Market in 2025: Technological Innovations Drive Eco-Friendly Solutions In The Medium Voltage Cable Market here
News-ID: 4114158 • Views: …
More Releases from The Business Research Company
C-X-C Chemokine Receptor Type 2 Market on Track for Strong Growth, Estimated to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the C-X-C Chemokine Receptor Type 2 Market Through 2025?
There has been a significant expansion in the market for C-X-C chemokine receptor type 2 in the past few years. The market is projected to increase from $1.24 billion in 2024 to $1.38 billion…
Top Market Shifts Transforming the Coenzyme Q10 Market Landscape: Key Insights
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Coenzyme Q10 Market Through 2025?
The market size of coenzyme Q10 has seen impressive expansion in the past years, with predictions stating an increase from $0.74 billion in 2024 up to $0.84 billion in 2025, implying a compound annual growth rate (CAGR)…
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Unta …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR)…
More Releases for Cable
Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cab …
The Cable Management Market would portray a significant CAGR by 2027, as per the latest report published by Allied Market Research.
Allied Market Research recently published a report, titled, “Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cable Connectors &Glands, Cable Carriers, cable Lugs, Cable Junction Boxes, and Others), and End User (IT & Telecommunication, Commercial Construction, Energy, Manufacturing and Automation, Marine, Mining, Healthcare, and Others): Global Opportunity…
Automotive Control Cable Market 2019 Precise Outlook - SAB Cable, Allied Wire & …
Global Automotive Control Cable Market Report 2019-2025 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time…
Cable & Accessories Industry - Nexans, General Cable Technologies, ABB, Brugg, P …
Electrical cable, an assembly of one or more wires which may be insulated, used for transmission of electrical power or signals
Wide array and volume of cable & accessories applications, high demand from residential to industrial applications and increasing power demand is expected to drive growth in cable and accessories market. Furthermore, Growth in rural electrification especially in the developing economies, growing use of cable & accessories in various industries and…
Global Submarine Cable Market 2017: General Cable, Nexans, Prysmian Group, Allie …
Submarine Cable Market Research Report 2017
In this report, the global Submarine Cable market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report split global into several key Regions, with sales (volume), revenue (value), market share and growth rate of Submarine Cable for these regions, from 2012…
Cable Management System Market (Cable Tray, Cable Ladder, Raceway, Cable Trunkin …
This report on the global cable management system market provides analysis for the period from 2014 to 2024, wherein 2015 is the base year and the years from 2016 to 2024 are the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the cable management systems market over the forecast period…
Global Nuclear Power Cable Market 2016 : Qingdao Hanlan Cable, Jiangsu Shangshan …
A market study based on the "Nuclear Power Cable Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Nuclear Power Cable Market 2016’. The research report analyzes the historical as well as present performance of the global Nuclear Power Cable market, and makes predictions on the future status of Nuclear Power Cable market on the basis of this analysis.
Get Free Sample Copy of Report…
