+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Middle East & Africa Medium Voltage Cable and Accessories Market Forecast to 2030 - Regional Analysis - by Installation, Product, Voltage, and End User

  • PDF Icon

    Report

  • 89 Pages
  • March 2024
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5977194
The Middle East & Africa medium voltage cable and accessories market was valued at US$1.97 billion in 2022 and is expected to reach US$2.54 billion by 2030; it is estimated to grow at a CAGR of 3.2% from 2022 to 20 30.

Advancements in Cable Technology Fuels the Middle East & Africa Medium Voltage Cable and Accessories Market

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.

Middle East & Africa Medium Voltage Cable and Accessories Market Overview

The Middle East & Africa includes South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Construction and infrastructural sectors in the Middle East & Africa are witnessing high growth. The construction sector in the region has seen significant changes due to rising trade liberalization, internationalism, and globalization. Several countries in the region are engaging in various global events, leading to infrastructure development and strengthening economies. In addition, the countries in the region are expecting to attract large foreign investments in their infrastructure and construction industries. Due to the UAE’s strong development agenda and the subsequent focus on industrial, energy infrastructure, and transportation, the country aims to attract ~US$ 150 billion in foreign direct investment (FDI) by 2030, fueling the growth in the country’s construction sector. Similarly, the construction industry in Saudi Arabia is expected to register a CAGR of 5.6% from 2022 to 2027 due to the growing government spending on infrastructural projects, such as roads, railways, airports, power plants, and housing. Thus, growth of the construction industry in the region would boost the demand for medium voltage cables and accessories to provide an uninterrupted power supply in the coming years.

Furthermore, the oil & gas sector consists of various exploration and production activities that require an uninterrupted supply of power, raising the demand for medium voltage cable and accessories in the region. According to the General Authority for Statistics (GASTAT), oil activities increased to 23.1% in Q2 of 2022 from 20.3% in Q1 of 2022. Similarly, according to Abu Dhabi National Oil Company (ADNOC), the UAE’s hydrocarbon reserves increased by 2 billion stock tank barrels (STB) of oil and 1 trillion standard cubic feet (TSCF) of natural gas in 2022. Moreover, in January 2023, 2Africa announced the deployment of subsea cable in the Vodacom network facility in Gqeberha, South Africa. Thus, the launch of such cable networks propels the growth of the Middle East & Africa medium voltage cable and accessories market.

Middle East & Africa Medium Voltage Cable and Accessories Market Segmentation

The Middle East & Africa medium voltage cable and accessories market is segmented into installation, product, voltage, end user, and country.

Based on installation, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa medium voltage cable and accessories market is segmented South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa medium voltage cable and accessories market in 2022.

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

Table of Contents

1. Introduction
1.1 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. Middle East & Africa 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. Middle East & Africa 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 - Middle East & Africa Market Analysis
6.1 Middle East & Africa Medium Voltage Cable and Accessories Market Overview
6.2 Middle East & Africa Medium Voltage Cable and Accessories Market Revenue (US$ Million), 2022 - 2030
6.3 Middle East & Africa Medium Voltage Cable and Accessories Market Forecast and Analysis
7. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Medium Voltage Cable and Accessories Market - Country Analysis
11.1 Middle East & Africa Medium Voltage Cable and Accessories Market, by Key Country- Revenue (2022) (US$ Million)
11.1.1 Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts and Analysis - By Countries
11.1.1.1 South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.1.1 South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.1.2 South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.1.3 South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.1.4 South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by End User
11.1.1.2 UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.2.2 UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.2.3 UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.2.4 UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by End User
11.1.1.3 Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.3.2 Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.3.3 Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.3.4 Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by End User
11.1.1.4 Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.4.1 Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Installation
11.1.1.4.2 Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Product
11.1.1.4.3 Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Voltage
11.1.1.4.4 Rest of Middle East & Africa 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 Tratos Cavi SpA
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
14.7 Nexans SA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 Word Index
List of Tables
Table 1. Middle East & Africa Medium Voltage Cable and Accessories Market Segmentation
Table 2. Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) - Installation
Table 4. Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) - Product
Table 5. Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) - Voltage
Table 6. Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Million) - Installation
Table 7. Middle East & Africa Medium Voltage Cable and Accessories Market, by Country - Revenue and Forecast to 2030 (USD Million)
Table 8. South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Installation
Table 9. South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Product
Table 10. South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Voltage
Table 11. South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By End User
Table 12. UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Installation
Table 13. UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Product
Table 14. UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Voltage
Table 15. UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By End User
Table 16. Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Installation
Table 17. Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Product
Table 18. Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Voltage
Table 19. Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By End User
Table 20. Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Installation
Table 21. Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Product
Table 22. Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By Voltage
Table 23. Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn) - By End User
Table 24. Company Positioning & Concentration
Table 25. List of Abbreviation
List of Figures
Figure 1. Middle East & Africa Medium Voltage Cable and Accessories Market Segmentation, By Country
Figure 2. Ecosystem: Middle East & Africa Medium Voltage Cable and Accessories Market
Figure 3. Middle East & Africa Medium Voltage Cable and Accessories Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Country, 2022 and 2030 (%)
Figure 6. Middle East & Africa Medium Voltage Cable and Accessories Market Revenue (US$ Million), 2022 & 2030
Figure 7. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Medium Voltage Cable and Accessories Market , by Key Country- Revenue (2022)(US$ Million)
Figure 28. Middle East & Africa Medium Voltage Cable and Accessories Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. South Africa: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. UAE: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Saudi Arabia: Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Rest of Middle East & Africa Medium Voltage Cable and Accessories Market Revenue and Forecasts To 2030 (US$ Mn)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd
  • El Sewedy Electric Co
  • Nexans SA
  • NKT AS
  • Prysmian SpA
  • The Okonite Co