Japan Medium Voltage Cable Market Research Report, 2028

The Japanese electrical infrastructure landscape includes a vibrant and dynamic industry known as the medium voltage cable market. Japan's medium voltage cable industry has seen consistent growth and innovation thanks to a strong focus on technological advancements and a strong industrial foundation. Utility companies, businesses, commercial buildings, transportation infrastructure, and renewable energy projects all depend on medium voltage cables, which are crucial parts for the dependable transmission and distribution of electricity in the voltage range of 1kV to 35kV. The market is characterized by a competitive landscape comprising domestic and international manufacturers that strive to meet the stringent requirements and standards set by regulatory authorities and industry associations. In Japan, there is a deep-rooted commitment to producing high-quality products that meet rigorous specifications and performance requirements. This commitment is evident in the meticulous design, manufacturing, and testing processes employed by Japanese medium voltage cable manufacturers. Companies prioritize quality control measures to ensure that their cables meet or exceed national and international standards for electrical performance, durability, and safety. According to the research report "Japan Medium Voltage cable Market Research Report, 2028," published by Actual Market Research, The Japan Medium Voltage cable market is expected to add more than 1.09 Billion by 2028.Japan is actively modernizing its power grid infrastructure to enhance efficiency, reliability, and sustainability. The integration of smart grid technologies is a major trend, which involves the deployment of advanced sensors, communication systems, and intelligent monitoring and control solutions. Medium voltage cables are being equipped with smart grid functionalities to enable real-time data monitoring, fault detection, and optimization of power distribution networks. Japan continues to invest in infrastructure development, including transportation, commercial buildings, and industrial facilities. This has led to an increased demand for medium voltage cables for new construction and expansion projects. The market is witnessing a rise in underground cable installations to enhance aesthetics and minimize disruptions. High-performance materials may be used in medium voltage cables, according to Japanese producers. Modern insulating materials with improved electrical, thermal, and durability properties fall under this category. These materials provide greater current carrying capacities, reduced losses, and longer cable lifespans.

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Japanese medium voltage cables adhere to not only domestic standards but also international standards such as IEC (International Electrotechnical Commission) and JIS (Japanese Industrial Standards). This enables compatibility and interoperability with equipment and systems from different countries, facilitating global market reach. In Japan, the association responsible for the electricity distribution sector is called the Federation of Electric Power Companies of Japan (FEPC). The other organizations and associations in Japan that focus on specific aspects of the electricity industry, such as the Japan Electric Association (JEA) and the Japan Electrical Manufacturers' Association (JEMA). These organizations work in collaboration with FEPC and contribute to the overall development and advancement of the electricity distribution sector in Japan. Furukawa Electric, Fujikura, Sumitomo Electric Industries, Hitachi Cable and Nexans Japan are some brands in Japan for the medium voltage cable market. Japan's electricity production is a mix of different sources, including thermal power (primarily coal, natural gas, and oil), nuclear power, and renewable energy (such as solar, wind, and hydroelectric power). The production facilities are operated by major electric power companies, including Tokyo Electric Power Company (TEPCO), Kansai Electric Power Company (KEPCO), and Chubu Electric Power Company, among others. There is a rising need for medium voltage cables in renewable energy projects like solar and wind farms due to the increased focus on energy efficiency and environmental sustainability. These initiatives provide a more environmentally friendly energy environment by enhancing Japan's overall production and use of power. The demand for underground installation is strong in highly populated urban areas due to aesthetic reasons. Particularly in residential and commercial locations, underground installations offer a cleaner and less congested environment. In places with a lot of foot traffic where overhead cables can affect the surroundings' aesthetic attractiveness and safety, they are frequently preferred. The industrial sector in Japan is a significant user of medium voltage cables in terms of segment usage. Industries such as manufacturing, chemicals, and automotive have high power consumption requirements, leading to a significant demand for medium voltage cables for efficient power distribution within their facilities. Power utilities and infrastructure projects also represent significant segments, as they require extensive medium voltage cable installations to support the transmission and distribution of electricity. Copper is widely used as a conductor material in medium voltage cables in Japan. They are often preferred in applications where high conductivity and low voltage drop are critical, such as power distribution networks and industrial installations. Japan has been actively promoting renewable energy sources to reduce its dependence on fossil fuels and nuclear power. Medium voltage cables with advanced insulation and transmission capabilities are being developed to support the integration of renewable energy into the existing power infrastructure.

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Kripa Shah

Senior Analyst

Considered in this report: • Geography: Japan • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • Japan medium 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

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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