Technological Developments, Evolving Mega Trends, and the Growing Energy Diversification will Shape Growth Strategies
This research service is a comprehensive study of the medium- and high-voltage (MV/HV) power cables (including overhead and underground/submarine) market. Growth is forecast from 2022 to 2030. The study presents revenue forecast based on region (North America; Europe; Asia-Pacific (further segmented into China, ASEAN, East Asia, Australia and New Zealand (ANZ), and India + Rest of South Asia); Russia + CIS; the Middle East; Latin America; and Africa) as well as transmission voltage (with voltage class above 72.5kV), distribution (with voltage class between 1kV and 72.5kV), and underground/submarine (including all voltage classes above 1kV).
The study sheds light on market dynamics such as growth drivers and restraints expected to impact market developments during the forecast period. The data presented in the research service is based on historical data and information gathered through interactions with various key stakeholders spread across the world. The study also presents an overview of regional trends, and it analyzes potential growth opportunities for cable manufacturers and derives strategic imperatives for companies to follow as recommendations.
Key Issues Addressed
- Is the global MV and HV power cables market revenue growing? How long will it continue to grow, and at what rate will it grow?
- What are some of the growth opportunities for transmission and distribution (T&D) power cable vendors?
- Which regions/countries will register strong revenue growth during the forecast period?
- What are the revenue growth projections for underground and/or submarine cables during the forecast period?
- Who are the main competitors in the market? Is the market moving toward the consolidation phase?
