South & Central America Medium Voltage Cable and Accessories Market Forecast to 2030

South & Central America Medium Voltage Cable and Accessories Market Forecast to 2030

South & Central America Medium Voltage Cable and Accessories Market Forecast to 2030 – Regional Analysis – by Installation (Overhead, Underground, and Submarine), Product (MI, Terminations, Joints, and XLPE Cables), Voltage (1 to 5, 6 to 13, 23, 34, 45, and 69), and End User (Industrial, Infrastructure, and Renewables)

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Description

The South & Central America medium voltage cable and accessories market was valued at US$ 1,044.91 million in 2022 and is expected to reach US$ 1,272.18 million by 2030; it is estimated to grow at a CAGR of 2.5% from 2022 to 2030.

Rising Demand for Renewable Energy Fuels the South & Central America Medium Voltage Cable and Accessories Market

The government initiatives to raise power generation through wind and solar power plants are proliferating. The increasing number of energy & power projects would boost the deployment of medium voltage cables and accessories. For instance, in January 2020, ENGIE reinforced its focus on electric power transmission in Brazil. It has received a tender from Sterlite for acquiring a 30-year Greenfield concession project. This project comprises the operation, construction, and maintenance of an 1,800-km-long electric power transmission line and additional substations in Brazil. Such huge tenders in the power transmission industry would propel the demand for medium voltage cables and accessories in South & Central America, boosting the market growth in the coming years.

South & Central America Medium Voltage Cable and Accessories Market Overview

The South & Central America medium voltage cable and accessories market is segmented into Brazil, Argentina, and the Rest of South & Central America. Technological developments have been directly impacting the economies of Brazil and Argentina. Due to their durability, medium voltage cables effortlessly provide desired outputs in applications in harsh environments in various industries. The region is highly focused on boosting its oil & gas sector to stay ahead in the global market. As per the International Energy Agency (IEA), expenditure on upstream South & Central America activities is set to rise due to the huge investment by countries in South & Central America, such as Brazil, Argentina, Venezuela, and Colombia. In addition, the increasing oil & gas production in Brazil, Bolivia, Colombia, and Peru is encouraging numerous firms to invest in this sector. In November 2022, Petrobras, a Brazil-based state-held oil firm, announced that it would invest ~US$ 78 billion until 2027 to boost oil production. Thus, the oil & gas activities are expected to raise the demand for medium voltage cables and accessories to provide regular power supply at oil & gas fields.

Further, several market players in South & Central America are deploying submarine cables. For instance, in November 2021, Malbec, a 2,500 km undersea cable that connects Rio de Janeiro with So Paulo in Brazil, was launched by Meta in collaboration with GlobeNet. It will eventually link Buenos Aires with Porto Alegre, Brazil. Thus, the launch of such cable networks propels the growth of the medium voltage cable and accessories market.

South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Medium Voltage Cable and Accessories Market Segmentation

The South & Central America medium voltage cable and accessories market is segmented into installation, product, voltage, end user, and country.

Based on installation, the South & Central America medium voltage cable and accessories market is classified into overhead, underground, and submarine. The underground segment held the largest share in 2022.

In terms of product, the South & Central America medium voltage cable and accessories market is categorized into MI, terminations, joints, and XLPE Cables. The terminations segment held the largest share in 2022.

By voltage, the South & Central America medium voltage cable and accessories market is segmented into 1 to 5, 6 to 13, 23, 34, 45, and 69. The 6 to 13 segment held the largest share in 2022.

Based on end user, the South & Central America medium voltage cable and accessories market is segmented into industrial, infrastructure, and renewables. The industrial segment held the largest share in 2022.

Based on country, the South & Central America medium voltage cable and accessories market is segmented Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America medium voltage cable and accessories market in 2022.

ABB Ltd, El Sewedy Electric Co, Nexans SA, NKT AS, Prysmian SpA, and The Okonite Co are some of the leading companies operating in the South & Central America medium voltage cable and accessories market.

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At 2.5% CAGR, the South & Central America Medium Voltage Cable and Accessories Market is Speculated to be Worth US$ 1,272.18 million by 2030, Says the Research Team

According to the Research Team’ research, the South & Central America medium voltage cable and accessories market was valued at US$ 1,044.91 million in 2022 and is expected to reach US$ 1,272.18 million by 2030, registering a CAGR of 2.5% from 2022 to 2030. Advancements in cable technology and growing demand for renewable energy are among the critical factors attributed to the South & Central America medium voltage cable and accessories market expansion.

With underground cable systems’ growing popularity and applicability worldwide, various technological advancements have been made to overcome the various limitations of medium voltage cables. Most of these innovations are made in advancements of material for insulation and voltage grade. The rise in the area of material science development has led to the production of better-quality polymers that are capable of achieving the required mechanical and electrical properties of the cable. For instance, the introduction of Teflon cables, which are capable to withstand up to 250°C, has become an alternative solution to conventional polymer cables that can usually withstand temperatures up to 70°C. Furthermore, alternative conductors have already been discovered that can replace high-cost copper. In addition, various companies are introducing cables that can reduce greenhouse gas emissions. For instance, in May 2023, Nexans launched a new range of low-carbon distribution grid cables. These new low and medium-voltage cables can help to reduce greenhouse gas emissions by ~35–50%. With this, the company will further help to reduce the emissions from the aluminum conductor, which accounts for 70–90% of the total carbon footprint, followed by plastics. Moreover, similar advancements have also been witnessed in the overhead cables. Such developments are likely to increase the deployment of new cable technologies in various end-use industries, which is expected to fuel the medium voltage cable and accessories market growth in the coming years.

On the contrary, widespread counterfeit cable market hampers the growth South & Central America medium voltage cable and accessories market.

Based on installation, the South & Central America medium voltage cable and accessories market is classified into overhead, underground, and submarine. The underground segment held 47.1% share of the South & Central America medium voltage cable and accessories market in 2022, amassing US$ 492.06 million. It is projected to garner US$ 611.18 million by 2030 to expand at 2.7% CAGR during 2022–2030.

Based product, the South & Central America medium voltage cable and accessories market is categorized into MI, terminations, joints, and XLPE Cables. The terminations segment held 46.3% share of the South & Central America medium voltage cable and accessories market in 2022, amassing US$ 483.88 million. It is projected to garner US$ 589.15 million by 2030 to expand at 2.5% CAGR during 2022–2030.

By voltage, the South & Central America medium voltage cable and accessories market is segmented into 1 to 5, 6 to 13, 23, 34, 45, and 69. The 6 to 13 segment held 35.5% share of the South & Central America medium voltage cable and accessories market in 2022, amassing US$ 371.33 million. It is projected to garner US$ 423.76 million by 2030 to expand at 1.7% CAGR during 2022–2030.

Based on end user, the South & Central America medium voltage cable and accessories market is segmented into industrial, infrastructure, and renewables. The industrial segment held 50.8% share of the South & Central America medium voltage cable and accessories market in 2022, amassing US$ 530.93 million. It is projected to garner US$ 663.18 million by 2030 to expand at 2.8% CAGR during 2022–2030

Based on country, the South & Central America medium voltage cable and accessories market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil held 59.2% share of South & Central America medium voltage cable and accessories market in 2022, amassing US$ 619.04 million. It is projected to garner US$ 793.46 million by 2030 to expand at 3.2% CAGR during 2022–2030.

Key players operating in the South & Central America medium voltage cable and accessories market are ABB Ltd, El Sewedy Electric Co, Nexans SA, NKT AS, Prysmian SpA, and The Okonite Co, among others.

In August 2023; Elsewedy Electric KSA provides low-voltage and medium-voltage cables for the 28km tunnels being built as part of ‘The Line,’ which will be the world’s first zero-gravity vertical city.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America medium voltage cable and accessories market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America medium voltage cable and accessories market , thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Medium Voltage Cable and Accessories Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End-Use Industries:
4.2.5 List of Vendors in the Value Chain:
5. South & Central America Medium Voltage Cable and Accessories Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Uninterrupted Power Supply in Various Industries
5.1.2 Growing Construction of Residential and Commercial Buildings
5.2 Market Restraints
5.2.1 Widespread Counterfeit Cable Market
5.3 Market Opportunities
5.3.1 Rising Demand for Renewable Energy
5.4 Market Trends
5.4.1 Advancements in Cable Technology
5.5 Impact of Drivers and Restraints:
6. Medium Voltage Cable and Accessories Market – South & Central America Market Analysis
6.1 South & Central America Medium Voltage Cable and Accessories Market Overview
6.2 South & Central America Medium Voltage Cable and Accessories Market Revenue (US$ Million), 2022 – 2030
6.3 South & Central America Medium Voltage Cable and Accessories Market Forecast and Analysis
7. South & Central America Medium Voltage Cable and Accessories Market Analysis – Installation
7.1 Overhead
7.1.1 Overview
7.1.2 Overhead Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Underground
7.2.1 Overview
7.2.2 Underground Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Submarine
7.3.1 Overview
7.3.2 Submarine Market Revenue and Forecasts To 2030 (US$ Million)
8. South & Central America Medium Voltage Cable and Accessories Market Analysis – Product
8.1 MI
8.1.1 Overview
8.1.2 MI Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Terminations
8.2.1 Overview
8.2.2 Terminations Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Joints
8.3.1 Overview
8.3.2 Joints Market Revenue and Forecasts To 2030 (US$ Million)
8.4 XLPE Cables
8.4.1 Overview
8.4.2 XLPE Cables Market Revenue and Forecasts To 2030 (US$ Million)
9. South & Central America Medium Voltage Cable and Accessories Market Analysis – Voltage
9.1 1 to 5
9.1.1 Overview
9.1.2 1 to 5 Market Revenue and Forecasts To 2030 (US$ Million)
9.2 6 to 13
9.2.1 Overview
9.2.2 6 to 13 Market Revenue and Forecasts To 2030 (US$ Million)
9.3 23
9.3.1 Overview
9.3.2 Market Revenue and Forecasts To 2030 (US$ Million)
9.4 34
9.4.1 Overview
9.4.2 Market Revenue and Forecasts To 2030 (US$ Million)
9.5 45
9.5.1 Overview
9.5.2 Market Revenue and Forecasts To 2030 (US$ Million)
9.6 69
9.6.1 Overview
9.6.2 Market Revenue and Forecasts To 2030 (US$ Million)
10. South & Central America Medium Voltage Cable and Accessories Market Analysis – End User
10.1 Industrial
10.1.1 Overview
10.1.2 Industrial Market Revenue and Forecasts To 2030 (US$ Million)
10.2 Infrastructure
10.2.1 Overview
10.2.2 Infrastructure Market Revenue and Forecasts To 2030 (US$ Million)
10.3 Renewables
10.3.1 Overview
10.3.2 Renewables Market Revenue and Forecasts To 2030 (US$ Million)
11. South & Central America Medium Voltage Cable and Accessories Market – Country Analysis
11.1 South & Central America Medium Voltage Cable and Accessories Market, by Key Country- Revenue (2022) (US$ Million)
11.1.1 South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts and Analysis – By Countries
11.1.1.1 Brazil: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.1.1 Brazil: South & Central America Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.1.2 Brazil: South & Central America Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.1.3 Brazil: South & Central America Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.1.4 Brazil: South & Central America Medium Voltage Cable and Accessories Market Breakdown by End User
11.1.1.2 Argentina: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 Argentina: South & Central America Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.2.2 Argentina: South & Central America Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.2.3 Argentina: South & Central America Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.2.4 Argentina: South & Central America Medium Voltage Cable and Accessories Market Breakdown by End User
11.1.1.3 Rest of South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 Rest of South & Central America Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.3.2 Rest of South & Central America Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.3.3 Rest of South & Central America Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.3.4 Rest of South & Central America Medium Voltage Cable and Accessories Market Breakdown by End User
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
14. Company Profiles
14.1 ABB Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 El Sewedy Electric Co
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Prysmian SpA
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 NKT AS
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 The Okonite Co
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Nexans SA
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
15. Appendix
15.1 Word Index

LIST OF TABLES

Table 1. South & Central America Medium Voltage Cable and Accessories Market Segmentation
Table 2. South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) – Installation
Table 4. South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) – Product
Table 5. South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) – Voltage
Table 6. South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) – Installation
Table 7. South & Central America Medium Voltage Cable and Accessories Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 8. Brazil: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 9. Brazil: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Product
Table 10. Brazil: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Voltage
Table 11. Brazil: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 12. Argentina: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 13. Argentina: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Product
Table 14. Argentina: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Voltage
Table 15. Argentina: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 16. Rest of South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation
Table 17. Rest of South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Product
Table 18. Rest of South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By Voltage
Table 19. Rest of South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 20. Company Positioning & Concentration
Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America Medium Voltage Cable and Accessories Market Segmentation, By Country
Figure 2. Ecosystem: South & Central America Medium Voltage Cable and Accessories Market
Figure 3. South & Central America Medium Voltage Cable and Accessories Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Medium Voltage Cable and Accessories Market Breakdown by Country, 2022 and 2030 (%)
Figure 6. South & Central America Medium Voltage Cable and Accessories Market Revenue (US$ Million), 2022 & 2030
Figure 7. South & Central America Medium Voltage Cable and Accessories Market Share (%) – Installation, 2022 and 2030
Figure 8. Overhead Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Underground Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Submarine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. South & Central America Medium Voltage Cable and Accessories Market Share (%) – Product, 2022 and 2030
Figure 12. MI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Terminations Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Joints Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. XLPE Cables Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. South & Central America Medium Voltage Cable and Accessories Market Share (%) – Voltage, 2022 and 2030
Figure 17. 1 to 5 Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. 6 to 13 Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. 23 Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. 34 Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. 45 Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. 69 Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. South & Central America Medium Voltage Cable and Accessories Market Share (%) – End User, 2022 and 2030
Figure 24. Industrial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Infrastructure Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Renewables Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. South & Central America Medium Voltage Cable and Accessories Market, by Key Country- Revenue (2022) (US$ Million)
Figure 28. South & Central America Medium Voltage Cable and Accessories Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. Brazil: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Argentina: South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Rest of South & Central America Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)

The List of Companies – South & Central America Medium Voltage Cable and Accessories Market

1. ABB Ltd
2. El Sewedy Electric Co
3. Nexans SA
4. NKT AS
5. Prysmian SpA
6. The Okonite Co

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