Medium Voltage Cables and Accessories Market Worth 56.18 Billion USD by 2022 - Seite 2

Asia Pacific: The leading market for medium voltage cables and accessories 

In this report, the Medium Voltage Cables & Accessories Market has been analyzed with respect to five regions, namely, Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. The market in Asia Pacific led the global Medium Voltage Cables & Accessories Market in 2016. Rapid development and rising investments in the region would drive the demand for medium voltage cables and accessories. This would lead to increased power transmission and distribution as well as the replacement of mature power transmission infrastructure. Investments in smart grid technology in countries such as China, India, Japan, Australia, and those in the rest of Asia Pacific would create opportunities for the Medium Voltage Cables & Accessories Market.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Medium Voltage Cables & Accessories Market. These include Prysmian S.p.A. (Italy), Nexans S.A. (France), General Cable Corporation (US), NKT Group A/S (Denmark), and LS Cable & System Ltd. (South Korea). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.

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