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Underground Cabling EPC Market Share

Report ID: GMI3069
Published Date: Dec 2024
Report Format: PDF

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Underground Cabling EPC Market Share

Companies like Prysmian and Nexans hold a significant revenue share in the underground cabling EPC industry due to their technological leadership, extensive product portfolios, and global reach. Both have decades of experience in developing advanced Cabling technologies. Their commitment to innovation has led to the creation of cutting-edge solutions as well as product innovation.

Underground Cabling EPC Market Companies

Major players operating in the underground cabling EPC industry are:

Arteche
Gupta Power
Kalpataru Power Transmission Limited
KEC International
MasTec
Nexans
Polycab
Prysmian Group
ZTT

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The global market for underground cabling EPC was reached USD 7.4 billion in 2024 and is estimated to grow at a 5.2% CAGR from 2025 to 2034, driven by increasing urbanization and rising energy demand.

The single core segment is anticipated to surpass USD 6.3 billion by 2034, due to its cost-effectiveness and ease of installation compared to multi-core cables.

The low-tension segment is predicted to achieve a CAGR of over 4.4% through 2034, led by the increasing demand for low-voltage power distribution systems in densely populated urban areas.

The U.S. underground cabling EPC market is projected to surpass USD 1.8 billion by 2034, fueled by the growing need for underground power distribution systems in urban and suburban areas.

Major players in the underground cabling EPC market include Arteche, Gupta Power, Kalpataru Power Transmission Limited, KEC International, MasTec, Nexans, Polycab, Prysmian Group, and ZTT.