Global Medium Voltage Cables Accessories Market

Global Medium Voltage Cables Accessories Market Overview

• Global Medium Voltage Cables Accessories Market Size is Expected to Grow from USD 122.73 Billion in 2023 to USD 212.68 Billion by 2033, Growing at a CAGR of 5.65% during the Forecast Period 2023 to 2033.
• The Market Growth is propelled by the growing power infrastructure and substantial investment by key market players.
• Furthermore, governments are focusing on constructing power plants with renewable energy sources as a result of the Paris Agreement, which increases demand for medium voltage cable accessories globally.
• Moreover, new plants can be connected to existing electrical networks using these accessories, which propels the market development. Concurrently, the market is expanding as a result of the growing acceptance of electric vehicles and programs for rural electrification initiatives, which provide strong government support.

Major vendors in the Global Medium Voltage Cables Accessories Market

Prysmian Group (Italy), Nexans, NKT A/S, ABB, Brugg Cables, Riyadh Cables Group Company, ZTT, General Cable Technologies Corporation, FURUKAWA ELECTRIC CO., Jiangnan Group Limited, Tratos, Universal Cables Ltd., Schneider Electric, DUCAB, Synergy Cables, and others

Market Segments

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisors has segmented the medium voltage cables accessories market based on the below-mentioned segments:

Global Medium Voltage Cables Accessories Market, By Installation

• Overhead
• Underground

Global Medium Voltage Cables Accessories Market, By Voltage

• 1 kV - 15 kV
• 16 kV - 35 kV
• 36 kV - 70 kV

Global Medium Voltage Cables Accessories Market, By Application

• Industrial
• Commercial
• Utility

Global Medium Voltage Cables Accessories Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa