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Medium Voltage Cables Market by Installation and Geography - Global Forecast & Analysis 2019-2023

Global Medium Voltage Cables Market: About this market

Technavio’s medium voltage cables market analysis considers sales from overhead, underground, and submarine installations. Our study also finds the sales of medium voltage cables in APAC, Europe, North America, South America, and MEA. In 2018, the overhead segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as an increase in long-distance transmission will play a vital role in the overhead segment to maintain its market position. Also, our global medium voltage cables market report looks at factors such as rising global energy demand, increasing number of smart grid projects, and aging power infrastructure. However, fluctuation in raw material prices, slowdown in manufacturing output, and technical and operational challenges may hamper the growth of the medium voltage cables industry over the forecast period.

Global Medium Voltage Cables Market: Overview

Rise in global energy demand

The increase in the urban population and the increase in industrial operations around the world have drastically increased the energy demand. With the rise in energy demand, the number of power plants and transmission fines has grown significantly and will continue to rise. Power distribution lines require medium voltage cables for applications, such as supplying power from substations to end-users. Therefore, with the growing demand for energy from end-users, such as the residential and industrial sectors, the need for medium voltage cables will also increase. This rise in global energy demand will lead to the expansion of the global medium voltage cables market at a CAGR of almost 5% during the forecast period.

Rising number of microgrid networks

A microgrid is a power grid that is smaller than a conventional electricity grid. Like traditional grids, microgrids produce, distribute, and control the flow of electricity to consumers. The power from microgrids is transmitted to end-users using low voltage and medium voltage cables. The implementation of microgrids is growing because of the increase in demand for electricity in rural and suburb areas. To cater to the growing energy demand in remote locations, governments are offering incentives to promote renewable power generation and increase microgrid facilities. The increase in investments in microgrids will create new opportunities for the global medium voltage cables market during the forecast period.

For the detailed list of factors that will drive the global medium voltage cables market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global medium voltage cables market is highly fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medium voltage cables manufacturers, that include EL Sewedy Electric Co., Fujikura Ltd., Furukawa Electric Co. Ltd., LEONI AG, LS Cable & System Ltd., Nexans SA, NKT Group AS, Prysmian Spa, Southwire Co. LLC, Sumitomo Electric Industries Ltd.

Also, the medium voltage cables market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Product overview
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global cable and accessories market
      • Table Segments of global cable and accessories market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by installation
    • Table Installation - Market share 2018-2023 (%)
    • Comparison by installation
      • Table Comparison by installation
    • Overhead - Market size and forecast 2018-2023
      • Table Overhead - Market size and forecast 2018-2023 ($ billions)
      • Table Overhead - Year-over-year growth 2019-2023 (%)
    • Underground - Market size and forecast 2018-2023
      • Table Underground - Market size and forecast 2018-2023 ($ billions)
      • Table Underground - Year-over-year growth 2019-2023 (%)
    • Submarine - Market size and forecast 2018-2023
      • Table Submarine - Market size and forecast 2018-2023 ($ billions)
      • Table Submarine - Year-over-year growth 2019-2023 (%)
    • Market opportunity by installation
      • Table Market opportunity by installation
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Number of outages in the US during 2011-2017
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Rising number of microgrid networks
    • Shift toward offshore renewable energy generation
    • Gradual recovery in oil and gas industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • EL Sewedy Electric Co.
      • Table EL Sewedy Electric Co. - Vendor overview
      • Table EL Sewedy Electric Co. - Product segments
      • Table EL Sewedy Electric Co. - Organizational developments
      • Table EL Sewedy Electric Co. - Segment focus
      • Table EL Sewedy Electric Co. - Key offerings
    • Fujikura Ltd.
      • Table Fujikura Ltd. - Vendor overview
      • Table Fujikura Ltd. - Business segments
      • Table Fujikura Ltd. - Organizational developments
      • Table Fujikura Ltd. - Geographic focus
      • Table Fujikura Ltd. - Segment focus
      • Table Fujikura Ltd. - Key offerings
    • Furukawa Electric Co. Ltd.
      • Table Furukawa Electric Co. Ltd. - Vendor overview
      • Table Furukawa Electric Co. Ltd. - Business segments
      • Table Furukawa Electric Co. Ltd. - Organizational developments
      • Table Furukawa Electric Co. Ltd. - Geographic focus
      • Table Furukawa Electric Co. Ltd. - Segment focus
      • Table Furukawa Electric Co. Ltd. - Key offerings
    • LEONI AG
      • Table LEONI AG - Vendor overview
      • Table LEONI AG - Business segments
      • Table LEONI AG - Organizational developments
      • Table LEONI AG - Geographic focus
      • Table LEONI AG - Segment focus
      • Table LEONI AG - Key offerings
    • LS Cable & System Ltd.
      • Table LS Cable & System Ltd. - Vendor overview
      • Table LS Cable & System Ltd. - Product segments
      • Table LS Cable & System Ltd. - Organizational developments
      • Table LS Cable & System Ltd. - Key offerings
    • Nexans SA
      • Table Nexans SA - Vendor overview
      • Table Nexans SA - Business segments
      • Table Nexans SA - Organizational developments
      • Table Nexans SA - Geographic focus
      • Table Nexans SA - Segment focus
      • Table Nexans SA - Key offerings
    • NKT Group AS
      • Table NKT Group AS - Vendor overview
      • Table NKT Group AS - Business segments
      • Table NKT Group AS - Organizational developments
      • Table NKT Group AS - Geographic focus
      • Table NKT Group AS - Segment focus
      • Table NKT Group AS - Key offerings
    • Prysmian Spa
      • Table Prysmian Spa - Vendor overview
      • Table Prysmian Spa - Business segments
      • Table Prysmian Spa - Organizational developments
      • Table Prysmian Spa - Geographic focus
      • Table Prysmian Spa - Segment focus
      • Table Prysmian Spa - Key offerings
    • Southwire Co. LLC
      • Table Southwire Co. LLC - Vendor overview
      • Table Southwire Co. LLC - Business segments
      • Table Southwire Co. LLC - Organizational developments
      • Table Southwire Co. LLC - Key offerings
    • Sumitomo Electric Industries Ltd.
      • Table Sumitomo Electric Industries Ltd. - Vendor overview
      • Table Sumitomo Electric Industries Ltd. - Business segments
      • Table Sumitomo Electric Industries Ltd. - Organizational developments
      • Table Sumitomo Electric Industries Ltd. - Geographic focus
      • Table Sumitomo Electric Industries Ltd. - Segment focus
      • Table Sumitomo Electric Industries Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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