Global Medium Voltage Underground Power Cable Market Growth 2025-2031
Description
The global Medium Voltage Underground Power Cable market size is predicted to grow from US$ 8657 million in 2025 to US$ 11656 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Medium Voltage Underground Power Cable is an insulated electrical cable designed to transmit electrical power at medium voltage levels, typically ranging from 1 kV to 35 kV, through subterranean routes. These cables are commonly used in utility distribution networks, industrial facilities, and infrastructure projects where overhead lines are impractical or undesirable due to space constraints, aesthetic considerations, safety, or environmental exposure. Constructed with a central conductor—usually copper or aluminum—these cables are insulated with high-performance materials such as XLPE (cross-linked polyethylene) or EPR (ethylene propylene rubber), which provide excellent electrical, thermal, and mechanical properties.
United States market for Medium Voltage Underground Power Cable is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Medium Voltage Underground Power Cable is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Medium Voltage Underground Power Cable is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Medium Voltage Underground Power Cable players cover Prysmian, Nexans, Southwire, NKT, SSG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Medium Voltage Underground Power Cable Industry Forecast” looks at past sales and reviews total world Medium Voltage Underground Power Cable sales in 2024, providing a comprehensive analysis by region and market sector of projected Medium Voltage Underground Power Cable sales for 2025 through 2031. With Medium Voltage Underground Power Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medium Voltage Underground Power Cable industry.
This Insight Report provides a comprehensive analysis of the global Medium Voltage Underground Power Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medium Voltage Underground Power Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medium Voltage Underground Power Cable market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medium Voltage Underground Power Cable and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medium Voltage Underground Power Cable.
This report presents a comprehensive overview, market shares, and growth opportunities of Medium Voltage Underground Power Cable market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
XLPE Insulated Cable
EPR Insulated Cable
Others
Segmentation by Application:
Industrial
Utility
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Prysmian
Nexans
Southwire
NKT
SSG
Tratos Group
ZMS Cable
Zhenglan Cable
Synergy Cables
LS Cable and System
Baosheng Cable
ZTT Group
Shanghai Shenghua Cable Group
Henan Tong-Da Cable
Key Questions Addressed in this Report
What is the 10-year outlook for the global Medium Voltage Underground Power Cable market?
What factors are driving Medium Voltage Underground Power Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medium Voltage Underground Power Cable market opportunities vary by end market size?
How does Medium Voltage Underground Power Cable break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Medium Voltage Underground Power Cable is an insulated electrical cable designed to transmit electrical power at medium voltage levels, typically ranging from 1 kV to 35 kV, through subterranean routes. These cables are commonly used in utility distribution networks, industrial facilities, and infrastructure projects where overhead lines are impractical or undesirable due to space constraints, aesthetic considerations, safety, or environmental exposure. Constructed with a central conductor—usually copper or aluminum—these cables are insulated with high-performance materials such as XLPE (cross-linked polyethylene) or EPR (ethylene propylene rubber), which provide excellent electrical, thermal, and mechanical properties.
United States market for Medium Voltage Underground Power Cable is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Medium Voltage Underground Power Cable is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Medium Voltage Underground Power Cable is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Medium Voltage Underground Power Cable players cover Prysmian, Nexans, Southwire, NKT, SSG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Medium Voltage Underground Power Cable Industry Forecast” looks at past sales and reviews total world Medium Voltage Underground Power Cable sales in 2024, providing a comprehensive analysis by region and market sector of projected Medium Voltage Underground Power Cable sales for 2025 through 2031. With Medium Voltage Underground Power Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medium Voltage Underground Power Cable industry.
This Insight Report provides a comprehensive analysis of the global Medium Voltage Underground Power Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medium Voltage Underground Power Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medium Voltage Underground Power Cable market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medium Voltage Underground Power Cable and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medium Voltage Underground Power Cable.
This report presents a comprehensive overview, market shares, and growth opportunities of Medium Voltage Underground Power Cable market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
XLPE Insulated Cable
EPR Insulated Cable
Others
Segmentation by Application:
Industrial
Utility
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Prysmian
Nexans
Southwire
NKT
SSG
Tratos Group
ZMS Cable
Zhenglan Cable
Synergy Cables
LS Cable and System
Baosheng Cable
ZTT Group
Shanghai Shenghua Cable Group
Henan Tong-Da Cable
Key Questions Addressed in this Report
What is the 10-year outlook for the global Medium Voltage Underground Power Cable market?
What factors are driving Medium Voltage Underground Power Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medium Voltage Underground Power Cable market opportunities vary by end market size?
How does Medium Voltage Underground Power Cable break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
111 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Medium Voltage Underground Power Cable by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Medium Voltage Underground Power Cable by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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