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Americas Medium-Voltage Cables Market to Hit $14.2 billion by 2027

[229 Pages Report] The Americas medium-voltage cables market is projected to reach USD 14.2 billion by 2027 from an estimated market size of USD 11.1 billion in 2022, at a CAGR of 5.1% during the forecast period. The factors driving the growth of Americas Medium-voltage cable are the rapid industrialization and increase in renewable energy generation capacity.

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Americas Medium-Voltage Cables Market to Hit $14.2 billion by 2027

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  1. Americas Medium-Voltage Cables Market by Insulation (XLPE, EPR, HEPR), Voltage (Upto 5 kV, 5-15 kV, 15-30 kV, 30-60 kV, 60-100 kV), Application (Underground, Overhead, Submarine), End User (Industrial, Commercial, Renewable) and Region - Forecast to 2027 www.MarketsandMarkets.com

  2. The Americas Medium Voltage Cables market size will grow to USD 14.2 billion by 2027 from USD 11.1 billion in 2022, at a CAGR of 5.1% during the forecast period. The increase in renewable energy generation, the rapid pace of industrialization and urbanization, and the rising need to modernize legacy power infrastructure are driving the Americas Medium Voltage Cable market. View detailed Table of Content here –https://www.marketsandmarkets.com/Market-Reports/americas-medium-voltage-cables-market-186509288.html

  3. The cross-linked polyethylene (XLPE) segment, by insulation type, is expected to be the most significant Americas Medium Voltage Cables market during the forecast period. Cross-linked polyethylene (XLPE) insulation has the largest share of the Americas Medium-voltage cable Market. XLPE insulation performs at both high and low temperatures. Due to its structure, XLPE is extremely resistant to abrasion and other wear and tear. It also boasts resistance to high-voltage electricity, chemicals, and other hazardous materials. Cross-linked polyethylene insulation is also a more affordable option. The North American region is contributing to the highest market share of Americas medium-voltage cables during the forecast period. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=186509288

  4. By Voltage, the 60-100 kV segment is expected to grow at the highest CAGR during the forecast period By voltage, the Americas Medium-Voltage cable market has been segmented into the upto 5 kV, 5–15 kV, 15–30 kV, 30–60 kV, and 60–100 kV segments. The 60–100 kV segment is expected to be the fastest-growing segment during the forecast period. These types of cables consist of stranded copper or aluminum conductors, clean cross-linked polyethylene (XLPE) insulation, and a polyethylene jacket with emitting insulation systems and are mainly used by utilities for transmission and distribution networks. The growth of the segment is due to an increase in utility projects in North America and South America.

  5. Browse >> 153 market data tables 61 figures 229 pagesand in-depth TOC on “Americas Medium Voltage Cables Market- Global Forecast to 2027” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  6. South America is expected to be the fastest Americas medium-voltage cables market South America is expected to dominate the Americas medium-voltage cables market during the forecast period. Brazil is the largest renewable market in the South America region, hydro and wind are two of the major sources of renewable power generation. The increasing investments in renewable energy sources are expected to be the major factor driving the demand for the medium-voltage cable market in South America. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=186509288

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Americas Medium-voltage cable Market. These include • Prysmian Group (Italy), • Southwire Company (US), • Nexans (France), • NKT (Denmark), • LS Cable & System (South Korea), • TFKable (Poland), • Sumitomo Electric Industries (Japan), • HELUKABEL Group (Germany) among others... • Buy Now : - https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=186509288

  8. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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