According to a market report by Lucintel, the future of the global underground medium voltage cable market looks promising with opportunities in the industrial, utility, and commercial markets. The global underground medium voltage cable market is expected to grow with a CAGR of 7.4% from 2025 to 2031. The major drivers for this market are the increase in infrastructure development, the rising demand for secure power distribution systems, and the growing focus on renewable energy integration.
A more
than 150-page report to understand trends, opportunity and forecast in global underground
medium voltage cable market to 2031 by type (1kv-15kv, 16kv-35kv, and
36kv-70kv), application (industrial, utility, and commercial), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, 16kv-35kv is expected to witness the
highest growth over the forecast period due to the increase in power
distribution needs.
Within the
application category, utility is expected to witness the highest growth due to
the growing investments in grid modernization.
Download
sample by clicking on underground
medium voltage cable market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Prysmian
Group, Nexans, General Cable, NKT, Furukawa Electric, Southwire, Schneider
Electric, Tratos, Jiangnan Group, ZTT are the major suppliers in the underground medium voltage cable
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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