United States (USA) Low Voltage Cable Market Overview, 2028
The United States is known for its embrace of technological advancements. The residential sector is a major end user of low-voltage cables in the United States. These cables are used for electrical wiring, lighting, power outlets, and home automation systems. With the growth of smart homes and connected devices. and this applies to the low-voltage cable industry as well. Infrastructure development and modernization projects in the United States, such as transportation systems, utilities, and public facilities, rely on low-voltage cables for electrical distribution, lighting, and communication. Infrastructure initiatives, including renewable energy projects, grid modernization, and smart city developments, further drive the demand for low-voltage cables. Furthermore, the energy sector, including power generation, transmission, and distribution, is a significant user of low-voltage cables. These cables are crucial for connecting power sources, transformers, switchgear, and distribution panels. The ongoing transition towards renewable energy and the need to upgrade ageing power infrastructure present opportunities for low-voltage cable manufacturers and suppliers.
According to the research report ""United States Low Voltage Cable Market Overview, 2028,"" published by Bonafide Research, the United States Low Voltage Cable Market was valued at above USD 16.21 billion in 2022. In the United States, the use of overhead or underground installations for low-voltage cables depends on various factors. Which include the specific application, location, local regulations, and cost considerations. Overhead installations involve suspending the cables from poles or structures. This method is commonly used for power distribution, telecommunication lines, and street lighting in both rural and urban areas. Overhead installations are often more cost-effective and easier to maintain and repair, especially in areas with wide spacing between structures or in areas where underground installations may be challenging due to geological or environmental factors. The construction industry plays a significant role in driving the demand for low-voltage cables in the United States. As construction projects for residential, commercial, and infrastructure developments increase, the need for low-voltage cables for electrical wiring, lighting, and communication systems also grows. In the United States, low-voltage cables are typically made of copper or aluminium conductors and insulation materials such as PVC (polyvinyl chloride) or XLPE (cross-linked polyethylene). The choice of materials depends on the specific application, environmental conditions, and industry standards.
In the United States, the installation, maintenance, and repair of low-voltage cables are typically performed by trained and licenced electricians or technicians. The United States is home to a number of producers of low-voltage cables. General Cable Technologies Corporation, Southwire Company, LLC, Belden Inc., Prysmian Group, Alpha Wire, Coleman Cable, Inc. (A Southwire Company), Encore Wire Corporation, and General Wire & Cable Co. are major ones in the United States. The NEC is a widely adopted set of electrical safety standards published by the National Fire Protection Association (NFPA). It provides requirements for the installation and use of electrical systems, including low-voltage cables, in residential, commercial, and industrial buildings. The NEC addresses various aspects such as conductor sizing, insulation requirements, ampacity calculations, grounding, and protection against electrical hazards. The National Electrical Manufacturers Association (NEMA) is a trade association representing electrical equipment and medical imaging manufacturers in the United States. They provide standards, advocacy, and industry intelligence for various electrical products, including low-voltage cables. NEMA collaborates with industry stakeholders, government agencies, and other organisations to address industry challenges and promote the safe and efficient use of electrical products.
The low-voltage cable market in the United States is highly competitive, with numerous manufacturers and suppliers vying for market share. Manufacturers need to differentiate themselves through product quality, innovation, customer service, and competitive pricing to stay ahead in the market. Increasing focus on sustainability and environmental considerations poses challenges for the low-voltage cable industry. There is a growing demand for cables with reduced environmental impact, improved energy efficiency, and recyclability. Manufacturers need to develop environmentally friendly products and adopt sustainable practises throughout the product lifecycle. Compliance with government regulations and industry standards, such as the National Electrical Code (NEC) and UL certifications, poses a challenge for manufacturers, distributors, and installers. Staying up-to-date with the latest regulations and ensuring products and installations meet the required standards can be complex and time-consuming. The demand for data connectivity continues to rise with the proliferation of smart devices, IoT (Internet of Things) applications, and the need for faster and more reliable data transmission. Low-voltage cables play a critical role in providing the infrastructure for data communication networks. As the demand for data connectivity expands, the market for low-voltage cables is expected to grow.
Considered in this report:
• Geography: United States
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report:
• United States Low voltage cable with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Installation Type:
• Overhead
• Underground
• Submarine
By End Users:
• Power Infrastructure (Energy, Power Transmission, and Distribution)
• IT & Telecommunication
• Building & Construction (Commercial and Residential)
• Aerospace & Defence
• Consumer Electronics
• Automotive (Passenger, Commercial, and Utility Vehicles)
• Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)
The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.
Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Medium Voltage Cable market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry
Keywords:
United States, low voltage cables, power transmission, distribution networks, materials, standards, certifications, Renewable energy integration, Substations, Power generation, Voltage levels, Conductivity, Insulation, Cable management, Fault detection, Grid infrastructure, Electrical engineering, Energy efficiency.