The Worldwide Medium Voltage Cable Accessories Industry is Expected to Reach $25.5 Billion by 2030
DUBLIN–(BUSINESS WIRE)–The “Medium Voltage Cable Accessories Market by Product Type, Technology, Installation, Voltage Range, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
According to this report the medium voltage cable accessories industry was valued at $15.3 billion in 2020, and is estimated to reach $25.5 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030.
Medium voltage (MV) is a range of electricity distribution system voltages from 3.3KV to 33kV. Cable accessories for medium voltage have similar design and performance requirements as that cables of the same voltage range.
The scope of the report discusses the potential opportunities for the key players to enter the global medium voltage cable accessories market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key areas of investment. The report includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.
The global medium voltage cable accessories market is analyzed by product type, technology, installation, industry vertical, and region. By product type, the market is divided into cable joints and splices, connectors, terminations, and other product types. The technology segment covered in this study includes heat shrink, cold shrink, and pre-molded terminations.
The installation segment is classified into overhead, underground, and submarine. The industry vertical segment includes railways, construction, private utilities, cement, marine, government utilities, oil & gas, healthcare, fertilizer, steel, and others. By region, the market is analyzed across North America, EMEA, Latin America, Asia-Pacific, and GCA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the medium voltage cable accessories market analysis from 2020 to 2030 to identify the prevailing medium voltage cable accessories market opportunities.
- Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- An in-depth analysis of the medium voltage cable accessories market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global medium voltage cable accessories market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Cable Joints and Splice
- Connectors
- Seperables
- Terminations
- Others
By Technology
- Heat Shrink
- Cold Shrink
- Pre-molded Terminations
By Installation
- Overhead
- Underground
- Submarine
By Voltage Range
- 3KV To 10KV
- 10KV To 20KV
- 20KV To 30KV
- 30KV To 50KV
- 50KV To 100KV
By Industry Vertical
- Railways
- Construction
- Private Utilities
- Cement
- Marine
- Government Utilities
- Oil and Gas
- Healthcare
- Fertilizer
- Steel
- Renewable Energy
- Others
By Region
- North America
- U.S.
- Canada
- Middle East and Africa
- Europe
- Middle East
- Africa
- Latin America
- Mexico
- Rest of Latin America
- Asia-Pacific
- India
- Japan
- Rest Of Asia Pacific
- Southeast Asia
- China
- Taiwan
Key Market Players
- ABB
- 3M
- BEHR BIRCHER CELLPACK BBC AG
- Compaq International (P) Ltd.
- Nexans
- NKT A/S
- Phoenix Technology Group Co. Ltd
- REPL International
- Sumitomo Electric U.S.A.
- TE Connectivity
- Yamuna Infra & Technology Pvt. Ltd.
- Prysmian
For more information about this report visit https://www.researchandmarkets.com/r/j73r4b
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