Energy and Power Medium Voltage Cable Market | Page 2

XLPE Cables
▪ Cable Terminations
▪ Cable Joints
▪ Others
o Submarine
▪ MI Cables
▪ XLPE Cables
▪ Cable Terminations
▪ Cable Joints
▪ Others
By Region
o North America
o Europe
o Asia Pacific
o Middle East & Africa
o Latin America
▪
•
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The underground medium voltage cables and accessories segment of the installation
market is expected to hold the largest share during the forecast period.
On the basis of installation, the medium voltage cables and accessories market has been
segmented into underground, overhead, and renewables. The underground sector accounted for
the largest market share. Several benefits of using underground cables are lower transmissio n
loss and maintenance costs, they release no electric fields, and can easily absorb power loads;
these factors are expected to drive the medium voltage cables and accessories market. Thus, the
underground segment of the medium voltage cables and accessories market is expected to grow
at the highest CAGR during the forecast period.
The industrial segment is expected to lead the medium voltage cables and accessories
market during the forecast period.
On the basis of end-user, the medium voltage cables and accessories market has been
categorized into three segments, namely, industrial, infrastructure, and renewables. The industrial
segment is expected to account for half of the medium voltage cables and accessories market in
2017. The industrial segment includes utilities, oil & gas, mining and metals, chemicals and
petrochemicals, cement and manufacturing, and other industries. Investments in power
transmission and distribution would drive the industrial segment of the medium voltage cables
and accessories market.