Medium Voltage Cables & Accessories Market Scenario
Increase in renewable energy generation coupled with rapid pace of industrialization & urbanization are some of the major factors propelling the medium voltage cables & accessories market globally. Furthermore, favourable renewable energy policies in key countries is also one of the factor propelling the growth of medium voltage cables & accessories market. However, project delays due to complex planning & authorization processes is one of the major factor anticipated to hamper the global growth of the market.
Medium Voltage Cables & Accessories Market Segmentation
The Medium Voltage Cables & Accessories Market is segmented by Voltage Range, Installation Type, End-User and Geography. The Voltage Range studied in the medium voltage cables & accessories market are 1–5 Kv, 6–13 Kv, 23 Kv, 34 Kv, 45 Kv and 69 Kv. Likewise, the Installation Type comprises of Underground Cables & Accessories, Overhead Cables & Accessories and Submarine Cables & Accessories. In addition, various End-User of this market are Industrial, Renewables and Infrastructure. Based on Geography, the Medium voltage cables & accessories Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Medium Voltage Cables & Accessories Market by Geography
Based on geography, the medium voltage cables & accessories market is studied across the countries of key APAC America dominated the global medium voltage cables & accessories market in 2019. However, increase in renewable power generation is a major factor driving the medium voltage cables and accessories market in Asia Pacific.
Medium Voltage Cables & Accessories Market Key Players
Some of the major players operating in the global medium voltage cables & accessories market includes ABB Ltd., Dubai Cable Company (Private) Ltd., EL Sewedy Electric Company, Leoni AG, Tele-Fonika Kable Sa, Tpc Wire & Cable Corp., General Cable Corporation, Hebei New Baofeng Wire & Cable Co., Ltd., Kabelwerke Brugg AG, LS Cable & System Ltd., NKT Group, Nexans S.A., Prysmian S.P.A., Southwire Company, LLC and Sumitomo Electric Industries, Ltd.. The company mainly pursues product launches and expansions as its growth strategy in order to widen its sales and distribution network.
Medium Voltage Cables & Accessories Market Report Key Benefits
Research Objectives of Medium Voltage Cables & Accessories Market Report:
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