Americas Cables Market Size, Growth Insight, Trends and Forecasts to 2029

According to a research report "Americas Cables Market by Polymer and Insulation Type (Semiconducting polymer, XLPE, EPR, HEPR, low Voltage Cables), Semiconducting Layer (Inner & Outer Semiconducting layer), Application, Voltage, End User & Region – Global Forecast to 2029" published by MarketsandMarkets, the Americas Cables market is projected to reach USD 10.9 billion by 2029 from an estimated USD 8.7 billion in 2024, at a CAGR of 4.5% during the forecast period.

 

The Americas Cables Market is seeing strong expansion, driven by a variety of segments. The insulation and polymer types such as HEPR, EPR/EPDM, XLPE, and semiconducting polymer guarantee improved cable performance, safety, and dependability at various voltage levels. In order to address the increasing need for power distribution and communication networks, low-voltage cables serve both the residential and commercial sectors. Using these cables—underground or underwater—ensures effective and dependable transmission, assisting with the development of infrastructure and renewable energy initiatives. Additionally, the integration of renewable energy sources, grid modernization, and industrial growth are driving up demand for cables, including those rated up to 138 kV.  The demand for innovative cable solutions is being driven by the industrial, commercial, and renewable energy sectors, which are important end-users that support economic growth, sustainability, and energy transition activities in the Americas.

 

Browse 214 market data Tables and 73 Figures spread through 281 Pages and in-depth TOC on "Americas Cables Market – Global Forecast to 2029"

 

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Up to 5 kV, by voltage, is expected to be the fastest-growing segment during the forecast period.

 

Based on voltage, the Americas Cables market has been split into up to 5 kV, 5-8 kV, 8-15 kV, 15-35 kV, 35-46 kV, 69 kV, 115 kV, and 138 kV. The up to 5 kV cables are versatile, and used in both power distribution and specific industrial applications. They are suitable for energy supply in commercial buildings, industrial plants, and infrastructure projects, where moderate voltage and power are required. Additionally, compared to higher voltage cables, up to 5 kV cables are more cost-effective in terms of installation, maintenance, and operation. This makes them a preferred choice for projects with budget constraints that still require reliable power distribution.

 

The outer semiconducting layer segment, by semiconducting layer, is expected to be the second-fastest segment during the forecast period.

 

This report segments the Americas Cables market based on the semiconducting layer into the inner semiconducting layer and outer semiconducting layer. Improved cable performance and safety are the primary drivers of market growth for the outer semiconducting layer in the semiconducting layer segment of the Americas Cables Market. By ensuring a consistent distribution of the electric field, this layer lowers the chance of insulation failure and electrical stress concentrations. It fits the strict criteria of industries like energy, telecommunications, and transportation by enhancing cable longevity and dependability, which greatly contributes to the rising need for sophisticated cable solutions in the area.

 

South America is expected to be the second largest region in the Americas Cables market.

 

South America's growing infrastructure spending, urbanization, and industrialization drive the growth of the Americas Cables Market. The demand for cutting-edge cable solutions is fueled by the region's emphasis on renewable energy projects, such as wind and solar farms. Market expansion is also aided by growing business sectors and the requirement for dependable electricity delivery in densely populated areas. The need for high-performance cables is fueled by modernization efforts and South America's changing energy landscape, which promotes the region's economic growth.

 

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Some of the major players in the Americas Cables market are Prysmian Group (Italy),  Southwire Company, LLC (US), Nexans (France), LS Cable & System Ltd (South Korea) and NKT a/s (Denmark). The major strategies adopted by these players include sales contracts and agreements.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

 

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Hydrogen Storage Tanks and Transportation Market Outlook 2024 – Huge Growth, Trends, Revenue And In-Depth Analysis 2030

According to a research report "Hydrogen Storage Tanks and Transportation Market by Modular Storage (Fuel Storage, Distribution Systems), Application (Vehicles, Railways, Marine, Stationary Storage, Trailers), Tank Type (Type 1, 2, 3, 4), Pressure and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Hydrogen Storage Tanks and Transportation Market is projected to reach USD 4.4 billion by 2030 from an estimated USD 0.3 billion in 2024, at a CAGR of 52.4% during the forecast period.

 

The global hydrogen storage tanks and transportation market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as the government policies and incentives and technological advancements among others. Government policies that encourage renewable energy and reduce carbon emissions, such as subsidies, grants, tax credits, and regulatory frameworks, are critical in encouraging the rise of hydrogen storage tanks and transportation. These incentives promote investment in hydrogen infrastructure, such as storage facilities and transit networks. Continuous improvements in hydrogen storage technologies, such as better tank materials, innovative storage methods (e.g., metal hydrides, chemical hydrogen storage), and improved compression techniques, all help to boost storage capacity, efficiency, and safety. Technological advancements enable the creation of more dependable and cost-effective hydrogen storage technologies, hence propelling market expansion.

 

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200 to 500 bar, by pressure, is expected to be the fastest segment during the forecast period.

 

Hydrogen storage systems with pressures ranging from 200 to 500 bar are excellent options for balancing supply and demand changes in renewable energy systems and stabilizing grid operations. Hydrogen storage's adaptability makes it suited for grid-scale energy storage applications, which helps to drive market growth. Increased integration of renewable energy sources, such as solar and wind power, with electrolysis allows for the creation of green hydrogen.

 

The increased interest in zero-emission transportation alternatives, along with developments in fuel cell technology, is driving the market for hydrogen-powered FCVs. The 200-500 bar pressure range is ideal for storing hydrogen on board FCVs, providing enough range and recharging ease, hence contributing to the segment's growth.

 

The Type 4, by type, is expected to be the Fastest segment during the forecast period.

 

Amidst the worldwide transition to renewable energy sources like hydrogen and compressed natural gas (CNG), the need for effective storage solutions is escalating. Type 4 tanks stand out due to their superior storage capacity, durability, and safety features, making them the favored option for storing alternative fuels. With governments and industries globally pledging to slash carbon emissions, the uptake of Type 4 tanks is projected to soar across sectors such as automotive, aerospace, and energy generation.

 

Asia Pacific is expected to be the largest region in the hydrogen storage tanks and transportation market.

 

Countries such as China, Japan, and South Korea are experiencing fast urbanization and industrialization, boosting demand for clean and sustainable energy solutions. Hydrogen storage tanks and transportation networks are viewed as critical components of attempts to minimize pollution and reliance on fossil fuels in densely populated cities. Domestic and foreign firms are making strategic investments in hydrogen infrastructure projects, research, and development, which is driving market growth. Partnerships among governments, industry stakeholders, and research institutions are driving innovation and hastening the commercialization of hydrogen storage and transportation systems.

 

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Key Players

Some of the major players in the Hydrogen Storage Tanks and Transportation Market are Hexagon Purus (Norway), Worthington Enterprises (US), Plastic Omnium (France), Tenaris (US), and Luxfer Holdings PLC (England). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.

 

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Waste Management Market Size, Share, Trends and Future Growth Predictions till 2029

According to a research report "Waste Management Market by Waste Type (Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial Waste), Disposal (Open Dumping, Incineration/Combustionl), Source & Region - Global Forecast to 2029" published by MarketsandMarkets, the global Waste Management Market is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a CAGR of 5.6% during the forecast period.

Waste management is an important process that includes the collection, transportation, disposal, and recycling of waste materials. Effective waste management is critical to ensuring environmental sustainability, public health, and resource conservation. Sustainable waste management practices not only help in reducing pollution but also create opportunities for economic growth through the development of recycling industries and job creation in the waste management sector. Proactive government actions, technical improvements, and an increase in e-waste output are all key drivers of this expansion. Waste Management, Suez, Veolia, and others are major players in the waste management market, with methods such as corporate development and alliances being implemented to improve services.

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Non-Hazardous Industrial Waste, by waste type is expected to be the largest segment during the forecast period.

Based on waste type, the waste management market is categorized into six categories: Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial waste. The Non-Hazardous Industrial waste  is expected to be the largest segment. Non-Hazardous Industrial waste encompasses materials that become unusable during manufacturing processes in sectors like factories, mills, and mining. This waste can be solid, semi-solid, or liquid, containing substances such as dirt, gravel, concrete, scrap metal, oil, chemicals, and even organic matter from restaurants. Globally, Non-Hazardous industrial waste production is significant, with the US generating an estimated 7.6 billion tons annually, ranking first globally followed by China. Developing countries like China see a rise in industrial waste generation, while countries like India witness increasing demand for waste management services.

Recycling , by Disposal method, is expected to be the fastest growing segment during the forecast period.

Based on the Disposal method, the waste management market is segmented into six categories: Open Dumping, Incineration/Combustion, Landfill, Recycling, Composting & Anaerobic Digestion. Recycling is the fastest growing segment by disposal method. Recycling is the process of collecting and processing materials that would otherwise be thrown away as trash and turning them into new products. Recycling is crucial for managing waste sustainably. It helps save resources, reduce pollution, and create jobs. By recycling materials like paper, plastic, and glass instead of throwing them away, it helps to conserve energy, cut down on greenhouse gas emissions, and protect the environment. Recycling also supports the economy by generating income from selling recycled materials and encouraging innovation. The key advantages of recycling and recovery are reduced quantities of disposed waste and the return of materials to the economy. In many developing countries, informal waste pickers at collection points and disposal sites recover a significant portion of discards.

North America is expected to be the largest region in the waste management market.

The dense population and rapid urban development in the area result in a notable volume of waste from residential, commercial, and industrial activities. This situation necessitates the implementation of comprehensive waste management systems and infrastructure. Moreover, the United States, being the largest contributor to waste due to its population size, generates a significant portion of the world's municipal solid waste. In North America, the waste management sector benefits from efficient industrial waste management techniques, an increasing focus on environmental cleanliness, and the primary industrial sectors such as electricity, pharmaceuticals, and oil and gas, which are major consumers of waste management services. Stringent government regulations in the U.S. and Canada have spurred the collection and disposal of industrial waste, further stimulating the waste management industry in the region. It has headquarters of many big waste management companies such as WM Intellectual Property Holdings, L.L.C. (US), Republic Services (US) & Waste Connections (US).

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Key Players

Some of the major players in the waste management market are WM Intellectual Property Holdings, L.L.C. (US), Suez (France), Veolia (France), Republic Services (US) & Waste Connections (US) are the market leaders in the Waste management market. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact: 

Mr. Aashish Mehra 

MarketsandMarkets™ INC. 

630 Dundee Road 

Suite 430 

Northbrook, IL 60062 

USA : 1-888-600-6441 

newsletter@marketsandmarkets.com