North America MV 105 Cable Market

MV 105 Cable by Voltage Insights

Based on voltage, the MV-105 cable market is segmented into Up to 5kV, Above 5kV. The Above 5kV segment dominated the North America market in 2024, while Up to 5kV segment is projected to be the fastest–growing segment during the forecast period. The Above 5kV segment of the MV-105 cable market includes cables designed for higher medium voltage applications, typically ranging from 6kV to 35kV or more. These cables are used in more demanding environments, such as large industrial plants, electrical substations, and high-voltage distribution networks for commercial and utility applications. 

The cables in this segment are built to handle larger electrical loads and are often required for long-distance transmission, making them critical for the safe and efficient distribution of electricity over broader regions. With enhanced insulation and durability, these cables are suited for both underground and overhead installations, ensuring reliable performance under heavy electrical stress and challenging environmental conditions.

MV 105 Cable by Installation Insights

Based on installation, the MV-105 cable market is segmented into Overhead, Underground. The Overhead segment dominated the North America market in 2024, while Underground segment is projected to be the fastest–growing segment during the forecast period. The Overhead segment of the MV-105 cable market includes cables designed for aerial installations, typically mounted on poles or structures above the ground. 

These cables are commonly used in power distribution networks, especially in rural or less densely populated areas, where installing underground cables may be more costly or impractical. Overhead MV-105 cables are designed to withstand environmental factors like wind, rain, and UV exposure, providing long-lasting performance. They are also easier to repair and maintain compared to underground cables, which makes them a cost-effective solution for medium voltage power distribution in certain areas.

MV 105 Cable by Jacket Type Insights

Based on jacket type, the MV-105 cable market is segmented into PVC (Polyvinyl Chloride) Jacket, PE (Polyethylene) Jacket, XLPE (Cross-Linked Polyethylene) Jacket, Others. The PVC (Polyvinyl Chloride) Jacket segment dominated the North America market in 2024, while PE (Polyethylene) Jacket segment is projected to be the fastest–growing segment during the forecast period. PVC (Polyvinyl Chloride) Jacket is a widely used thermoplastic material known for its versatility, durability, and cost-effectiveness, making it the most common choice for cable jacketing. 

PVC offers a good balance of performance characteristics, including resistance to UV, chemicals, and water, along with durability in various environmental conditions. PVC jackets provide good protection against moisture, chemicals, and mechanical damage, making them suitable for a range of medium voltage applications. These cables are commonly used in environments where additional protection from external elements is required, and where cost considerations play an important role. PVC jackets are typically preferred in less demanding industrial, commercial, and residential installations due to their durability and ease of handling.

MV 105 Cable by Insulation Type Insights

Based on insulation type, the MV-105 cable market is segmented into PVC (Polyvinyl Chloride), PE (Polyethylene), XLPE (Cross-Linked Polyethylene), EPR (Ethylene Propylene Rubber), Others. The EPR (Ethylene Propylene Rubber) segment dominated the North America market in 2024, while PVC (Polyvinyl Chloride) segment is projected to be the fastest–growing segment during the forecast period. EPR (Ethylene Propylene Rubber) insulation is known for its excellent resistance to heat, moisture, and chemicals, making it a popular choice for applications where cables are exposed to extreme environmental conditions. 

EPR insulation provides outstanding flexibility and is highly resistant to aging, ozone, and ultraviolet radiation, making it ideal for both indoor and outdoor installations. It is commonly used in industries like oil and gas, mining, and chemical processing, where cables need to endure harsh working environments and high temperatures. EPR insulation has excellent dielectric properties, but it tends to be more expensive than PVC or PE.

MV 105 Cable by Material Insights

Based on material, the North America MV 105 Cable Market is Segmented into Copper, Aluminium. The Copper segment dominated the North America market in 2024, while the Aluminium segment is projected to be the fastest–growing segment during the forecast period. Copper is one of the most commonly used materials for conductors in MV-105 cables due to its exceptional electrical conductivity, making it an ideal choice for medium-voltage power transmission and distribution. 

Copper’s low resistivity ensures minimal power loss during transmission, which improves the overall efficiency of the cable and reduces the risk of overheating. Additionally, copper is highly durable and resistant to corrosion, making it suitable for use in harsh environments where reliability is crucial. Although copper cables tend to be more expensive than aluminum, their superior electrical and mechanical properties make them the preferred choice in critical applications such as industrial plants, energy distribution systems, and renewable energy projects, where high performance and long-term reliability are essential.

FIGURE 2: NORTH AMERICA MV 105 CABLE MARKET SHARE BY MATERIAL 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

MV 105 Cable System by End Use Industry Insights

Based on end use industry, the MV-105 cable market is segmented into Industrial, Energy & Power, Oil & Gas, Aerospace & Defence, IT & Telecommunication, Commercial. The Energy & Power segment dominated the North America market in 2024, while the Aerospace & Defence segment is projected to be the fastest–growing segment during the forecast period. In the Energy & Power sector, MV-105 cables are integral to the transmission and distribution of electrical power across various grids, substations, and renewable energy projects. 

These cables play a critical role in medium-voltage networks, facilitating the flow of electricity from power plants, solar farms, wind turbines, and other energy sources to local grids and consumers. As renewable energy projects continue to expand globally, the demand for MV-105 cables increases, as they are essential for the safe and efficient integration of green energy into existing power systems. Their high-temperature tolerance, excellent insulation properties, and ability to handle large currents make them a key component in maintaining the stability and reliability of modern power infrastructure.

MV 105 Cable Country Insights

Based on country, the North America MV 105 Cable Market is Segmented into U.S., Canada and Mexico. The U.S dominated the North America market in 2024, while the Mexico is projected to be the fastest–growing segment during the forecast period. The United States is the largest market for MV 105 cables in North America, driven by extensive investments in power infrastructure modernization, grid reliability, and renewable energy integration. 

The country has a well-established industrial base, high urbanization, and significant demand for electricity transmission and distribution networks, which boost the adoption of MV 105 cables.

FIGURE 3: NORTH AMERICA MV 105 CABLE MARKET VALUE BY COUNTRY 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review