North America Medium Voltage Cables Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)
Description
The North America medium voltage cables market size is projected to grow at a CAGR of 4.50% between 2025 and 2034. The market is being aided by the growing industrial activities and surging infrastructural development in the United States and Canada.
Key Trends in the Market
Medium voltage cable refers to a type of power cable having a voltage ranging between 1000V to 30KV. The main purpose of a medium voltage cable is to supply a region with electrical energy.
"North America Medium Voltage Cables Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Breakup by Installation
Medium-voltage underground cable systems account for a significant portion of the North America medium voltage cables market share. Medium voltage cables laid underground are less impacted by extreme weather conditions and their visual impact on the surroundings is extremely low. In addition, underground medium voltage cables offer enhanced safety and are less susceptible to transmission losses, which leads to a reliable supply of power.
Market Share by Components
As per the North America medium voltage cables market analysis, termination cables are expected to witness a healthy growth in the forecast period. Termination medium voltage cables are easy to install, boast capacitive stress control features, and have proper workability even during water stagnation. Moreover, the rapid development of termination cables with eco-friendly designs is further escalating the North America medium voltage cables market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the North America medium voltage cables market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Southwire Company, LLC.
Southwire Company, LLC. is one of the largest electrical cable manufacturers in the world. The product portfolio of the company includes wires and cables, tools and equipment, power management solutions, and electrical components, among others.
LS Cable & System Ltd.
LS Cable & System Ltd. is one of the leading manufacturing companies that offers energy wire and cable products, catering to the demands of commercial, industrial, renewable, and utility sectors, among others.
Sumitomo Electric Industries, Ltd.
Sumitomo Electric Industries, Ltd. is a renowned company that manufactures electric wires, ceramics , semiconductors, and optical fibre cables, among other products. The company was founded in 1897 and is headquartered in Osaka, Japan.
Other North America medium voltage cables market players include TPC Wire and Cable Corporation, NXT A/S, Nexans S.A., Prysmian S.p.A., and CME Wire and Cable, Inc., among others.
Key Trends in the Market
Medium voltage cable refers to a type of power cable having a voltage ranging between 1000V to 30KV. The main purpose of a medium voltage cable is to supply a region with electrical energy.
- Medium voltage cables are flexible, durable, easy to install, and abrasion, oil, and impact resistant. Additionally, these cables offer a reliable power source to end users, leading to their heightened demand across various end-use sectors across the region.
- Medium voltage cables are crucial in the manufacturing sector to provide a reliable supply of power. In this regard, the increasing manufacturing activities in the United States and Canada are bolstering the North America medium voltage cables market growth.
- Rapid infrastructure development activities are generating a healthy demand for electricity, which, in turn, is boosting the demand for medium voltage cables. Furthermore, favourable government initiatives encouraging sustainable energy generation practices are crucial North America medium voltage cables market trends.
"North America Medium Voltage Cables Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Breakup by Installation
- Underground
- Submarine
- Overhead
- Termination Cables
- Joints
- XLPE Cables
- Others
- 1 kV - 15 kV
- 16 kV - 35 kV
- 36 kV – 70 kV
- Others
- Industrial
- Infrastructure
- Renewable Energy
- Others
- United States
- Canada
Medium-voltage underground cable systems account for a significant portion of the North America medium voltage cables market share. Medium voltage cables laid underground are less impacted by extreme weather conditions and their visual impact on the surroundings is extremely low. In addition, underground medium voltage cables offer enhanced safety and are less susceptible to transmission losses, which leads to a reliable supply of power.
Market Share by Components
As per the North America medium voltage cables market analysis, termination cables are expected to witness a healthy growth in the forecast period. Termination medium voltage cables are easy to install, boast capacitive stress control features, and have proper workability even during water stagnation. Moreover, the rapid development of termination cables with eco-friendly designs is further escalating the North America medium voltage cables market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the North America medium voltage cables market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Southwire Company, LLC.
Southwire Company, LLC. is one of the largest electrical cable manufacturers in the world. The product portfolio of the company includes wires and cables, tools and equipment, power management solutions, and electrical components, among others.
LS Cable & System Ltd.
LS Cable & System Ltd. is one of the leading manufacturing companies that offers energy wire and cable products, catering to the demands of commercial, industrial, renewable, and utility sectors, among others.
Sumitomo Electric Industries, Ltd.
Sumitomo Electric Industries, Ltd. is a renowned company that manufactures electric wires, ceramics , semiconductors, and optical fibre cables, among other products. The company was founded in 1897 and is headquartered in Osaka, Japan.
Other North America medium voltage cables market players include TPC Wire and Cable Corporation, NXT A/S, Nexans S.A., Prysmian S.p.A., and CME Wire and Cable, Inc., among others.
Table of Contents
162 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 North America Medium Voltage Cables Market Overview
- 5.1 Key Industry Highlights
- 5.2 Unites States Medium Voltage Cables Historical Market (2018-2024)
- 5.3 Unites States Medium Voltage Cables Market Forecast (2025-2034)
- 6 North America Medium Voltage Cables Market by Installation
- 6.1 Underground
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Submarine
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 6.3 Overhead
- 6.3.1 Historical Trend (2018-2024)
- 6.3.2 Forecast Trend (2025-2034)
- 7 North America Medium Voltage Cables Market by Components
- 7.1 Termination Cables
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Joints
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 XLPE Cables
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Others
- 8 North America Medium Voltage Cables Market by Voltage
- 8.1 1 kV - 15 kV
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 16 kV - 35 kV
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 36 kV – 70 kV
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Others
- 9 North America Medium Voltage Cables Market by Application
- 9.1 Industrial
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.1.3 Breakup by Type
- 9.1.3.1 Oil and Gas
- 9.1.3.2 Metals and Mining
- 9.1.3.3 Chemicals and Petrochemicals
- 9.1.3.4 Cement and Manufacturing
- 9.1.3.5 Utilities
- 9.2 Infrastructure
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.2.3 Breakup by Type
- 9.2.3.1 Infrastructure
- 9.2.3.2 Commercial and Residential
- 9.3 Renewable Energy
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 North America Medium Voltage Cables Market by Country
- 10.1 United States
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Canada
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Southwire Company, LLC.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 LS Cable & System Ltd.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Sumitomo Electric Industries, Ltd.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 TPC Wire and Cable Corporation
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 NKT A/S
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Nexans S.A.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Prysmian S.p.A.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 CME Wire and Cable, Inc.
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Others
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