Over the course of the assessment year, the North American MV-105 Cable Market is expected to grow at a noteworthy 5.1% CAGR. One major development for the North American MV-105 Cable Market is the expansion of data centres and commercial buildings. Strong electrical infrastructure is required to enable cloud computing, digital storage, and data processing capabilities, which are becoming more and more popular. To keep computers, cooling systems, and networking equipment operating effectively, data centers—which hold vital IT infrastructure—need dependable power distribution systems that can manage high electrical loads. MV-105 cables are perfect for connecting vital components in these power-intensive conditions because of their high temperature tolerance and longevity. For instance, an increasing number of data centres are being constructed in Texas, Silicon Valley, and Northern Virginia—regions that are well-known for having a significant presence in the IT and IT industries—all of which depend on premium MV-105 cables for smooth electrical distribution.
The Amazon data centre project in Northern Virginia, one of the biggest data centre markets globally, is a prime illustration of this tendency. These establishments need a reliable and secure power source, and MV-105 cables are used to make sure the data center's electrical systems can manage the high voltage and constant demands of round-the-clock operations. Similarly, cutting-edge electrical solutions have been included into commercial real estate projects like New York City's Hudson Yards, where MV-105 cables are essential for supplying power to the different systems that run these state-of-the-art, high-performance structures.
Segmentation of the Market
The market for MV-105 cables is divided into segments based on voltage, type of jacket, type of insulation, end-use industry, material, and nation. The market is divided into segments based on voltage: up to 5kV, 15kV, 25kV, and 35kV.
The market is divided into several segments according on the kind of jacket, including PVC (polyvinyl chloride), CPE (chlorinated polyethylene), HDPE (high density polyethylene), PE (polyethylene), XLPE (cross-linked polyethylene), and others.
The market is divided into segments based on the kind of insulation, such as EPR (ethylene propylene rubber), XLPE (cross-linked polyethylene), and others. The market is divided into copper and aluminium segments based on material. The market is divided into several segments based on the end-use industry, including commercial, energy and electricity, oil and gas, aerospace and defence, industrial, and IT and telecommunication.
The market is divided into three countries: the US, Canada, and Mexico. In 2024, the United States had the biggest market revenue share, with 78.75%.
Key Players
LS Cable & System, The Okonite Company, Service Wire, Prysmian Group, WTEC Energy Corporation, CME Wire and Cable, Southwire, Priority Wire and Cable, Amercable, and TELE-FONIKA Kable (TFK) are the leading companies in the market.
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