MRO Magazine

Medium Voltage Cable Market – Expected to Grow from an Estimated $35.2 Billion in 2015 to $48.8 Billion by 2020 – Research and Markets


January 28, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/q4z4dx/medium_voltage) has announced the addition of the “Medium Voltage Cable Market – Global Forecast to 2020” report to their offering.

The market size of medium voltage cable is expected to grow from an estimated USD 35.2 Billion in 2015 to USD 48.8 Billion by 2020, at a CAGR of 6.8% during the forecast period.

Global medium voltage cable market is witnessing high growth on account of an increase in electricity demand from developing economies as well as rapid industrialization & urbanization across the globe. Utilities, oil & gas and renewable energy are key end-user industries that drive the demand for medium voltage cable market.

Asia-Pacific is expected to dominate the medium voltage cable market with an estimated more than $13 billion in 2015. It is projected to reach $19 billion by 2020, at a CAGR of 7.1% during the forecast period. Growing renewable energy sector and increasing transmission & distribution infrastructure are the major drivers for medium voltage cable market in this region.

In 2014, in the global medium voltage cable market, Asia-Pacific accounted for the largest share of market.

Companies Mentioned:

  • Prysmian S.P.A
  • General Cable Corporation
  • Nexans S.A.
  • Nkt Cables Group Gmbh
  • Abb Ltd.
  • Brugg Group
  • Sumitomo Electric Industries, Ltd.
  • Dubai Cable Company (Private) Ltd.
  • Kabelwerk Eupen AG
  • Leoni AG
  • Ls Cable & System
  • Southwire Company, Llc
  • Hendrix
  • Tpc Wires & Cable Corp.
  • Bahra Advanced Cable Manufacture Co. Ltd.
  • Caledonian Cables Ltd.
  • Hebei New Baofeng Wire & Cable Co., Ltd.
  • Riyadh Cables Group of Companies
  • Top Cable, S.A.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Medium Voltage Cables & Accessories Market, by Installation

8 Medium Voltage Cables & Accessories Market, by End-User

9 Medium Voltage Cables & Accessories Market, by Region

10 Competitive Landscape

11 Company Profiles

For more information visit http://www.researchandmarkets.com/research/q4z4dx/medium_voltage

Research and Markets
Laura Wood, Senior Manager
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Sector: Wire and Cables