Global Medium Voltage Cables and Accessories Market Report 2023: Powering the Future

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Global Market for Medium Voltage Cables and Accessories

Global Market for Medium Voltage Cables and Accessories

Global Market for Medium Voltage Cables and Accessories

Dublin, Aug. 30, 2023 (GLOBE NEWSWIRE) — The “Medium Voltage Cables and Accessories – Global Strategic Business Report” report has been added to’s offering.

Global Medium Voltage Cables and Accessories Market to Reach $97.9 Billion by 2030

The global market for Medium Voltage Cables and Accessories estimated at US$54.2 Billion in the year 2022, is projected to reach a revised size of US$97.9 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Underground, one of the segments analyzed in the report is projected to record an 8.1% CAGR and reach US$46 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Overhead segment is readjusted to a revised 7.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $14.8 Billion, While China is Forecast to Grow at 11.7% CAGR

The Medium Voltage Cables and Accessories market in the U.S. is estimated at US$14.8 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$22 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Market Scope

The provided data includes a comprehensive analysis of the global market for Medium Voltage Cables and Accessories, focusing on different geographic regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The analysis covers the years from 2014 to 2030 and provides information on annual sales figures in US$ million and percentage CAGR for various aspects of medium voltage cables and accessories, including different types (Underground, Overhead, Submarine, Industrial, Renewables, Infrastructure), and other end-uses.

The data is presented through multiple tables, offering insights into recent, current, and future trends, as well as a historic review and a 16-year perspective on the market. The analysis also includes a percentage breakdown of value sales for specified regions for the years 2014, 2023, and 2030. This data aims to provide an in-depth understanding of the trends, growth opportunities, and market dynamics in the global medium voltage cables and accessories industry across different geographic regions, product types, and end-use segments.

Market Overview

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Medium Voltage Cables and Accessories – Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

What’s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies – Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Select Competitors (Total 34 Featured) –

  • ABB Ltd.

  • Bahra Advanced Cable Manufacture Co. Ltd.

  • Cablel Hellenic Cables Group

  • Caledonian Cables Ltd

  • Dubai Cable Company (Private) Ltd.

  • EL Sewedy Electric Company

  • General Cable Corporation

  • Hebei New Baofeng Wire & Cable Co., Ltd.

  • Hendrix Wire and Cable


  • Kabelwerke Brugg AG Holding

  • KEI Industries Limited

  • Leoni AG

  • LS Cable & System Ltd.

  • Nexans S.A.

  • NKT Group A/S

  • Prysmian S.p.A.

  • Riyadh Cables Group Company

  • Southwire Company, LLC

  • Sumitomo Electric Industries, Ltd.

  • Tele-Fonika Cable Americas Corporation

  • The Okonite Company

  • Top Cable

  • TPC Wire & Cable Corp.

  • Tratos

Key Attributes:

Report Attribute


No. of Pages


Forecast Period

2022 – 2030

Estimated Market Value (USD) in 2022

$54.2 Billion

Forecasted Market Value (USD) by 2030

$97.9 Billion

Compound Annual Growth Rate


Regions Covered


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