North America Medium Voltage Cables Market Report and Forecast 2032

Lily Desouza21 May, 2025Business

The North America Medium Voltage Cables Market is anticipated to register a CAGR of around 3.80% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 20.12 billion during 2032. Urbanization, the increasing integration of renewable energy sources, and the rising infrastructure are fueling the industry for medium-voltage cables in North America. The continuous modernization of the electrical grid and mounting investments in renewable energy projects, such as wind & solar farms have elevated demand for medium voltage cables, which are vital for transferring electricity over long distances in commercial, industrial, and utility applications. Also, medium-voltage cables are utilized widely in the region's industrial sector, specifically in the US & Canada, to power machinery & offer dependable energy delivery.