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Medium Voltage Cables & Accessories Market Worth 51.24 Billion USD by 2021


News provided by

MarketsandMarkets

27 Jun, 2016, 14:30 GMT

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PUNE, India, June 27, 2016 /PRNewswire/ --

The report "Medium Voltage Cables & Accessories Market by Overhead (Conductors, Fittings & Fixtures), Underground & Submarine (MI Cables, XLPE Cables, Cable Terminations, Cable Joints), End-User (Infrastructure, Industrial, Renewables), & by Region - Forecast to 2021" published by MarketsandMarkets, The market is expected to grow from an estimated USD 37.52 Billion in 2016 to USD 51.24 Billion by 2021, at a CAGR of 6.4% from the 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 106 market data Tables and 52 Figures spread through 189 Pages and in-depth TOC on "Medium Voltage Cables & Accessories Market"

http://www.marketsandmarkets.com/Market-Reports/medium-voltage-cable-market-15193142.html
Early buyers will receive 10% customization on this report.

Increase in renewable energy generation, rapid industrialization & urbanization, and government initiatives undertaken to expand T&D systems would drive the market for medium voltage cables & accessories.

Industrial sector to dominate the Medium Voltage Cables & Accessories Market during the forecast period 

Medium voltage cables & accessories have been categorized into three segments (by installation), namely, Industrial, infrastructure, and renewables. The industrial sector held around half of the Medium Voltage Cables & Accessories Market share in 2015. Growth in construction would eventually increase the number of medium voltage cables & accessories being used in the construction process. This drives the market for medium voltage cables & accessories for the industrial sector.

Make an Enquiry:  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=15193142

Underground medium voltage cables & accessories within the installation segment to hold the major share during the forecast period 

On the basis of installation, the Medium Voltage Cables & Accessories Market has been segmented into underground, overhead, and renewables. The underground sector dominated the market, followed by infrastructure. Continuous refurbishment of medium voltage cables & accessories is essential in the underground segment. They have to be replaced in order to maintain the cables according to the soil condition. Therefore, the market for medium voltage cables & accessories in underground segment is expected to grow at the highest CAGR during the forecast period.

Asia-Pacific would see the highest growth for the Medium Voltage Cables & Accessories Market 

The report covers five regions, namely, Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. The Asia-Pacific region is expected to witness high growth rate for medium voltage cables & accessories from 2016 to 2021. Moreover, increase in the renewable power generation would drive the Medium Voltage Cables & Accessories Market.

The report also provides an in-depth understanding of the competitive landscape, along with profiles of the leading Medium Voltage Cables & Accessories Market players such as Prysmian S.p.A (Italy), General Cable Technologies Corporation (U.S.), Nexans (France), NKT Cables (Germany), and ABB Ltd. (Switzerland).

Browse Related Reports: 

High Voltage Cables Market by Type (Overhead, Underground, & Submarine), by Overhead Products (Conductors, Fittings & Fixtures), by Underground and Submarine Products (XLPE Cables, MI Cables, Cable Joints, & Cable Terminations), and by Region - Global Trends & Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/high-voltage-cable-accessories-market-95892251.html

Electric Insulators Market by Application (Cables & Transmission Lines, Transformers, Switchgears, Bus Bar, Surge Protection Devices, & Others), Type (Ceramic, Glass, and Composite), End-User, Category, Voltage, & by Region - Trends and Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/industrial-insulators-market-239382720.html


About MarketsandMarkets  

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Contact:
Mr. Rohan
Markets and Markets
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Email: sales@marketsandmarkets.com

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