The North America Dry Cable Termination Market would witness market growth of 6.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Dry Cable Termination Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $692.4 million by 2031. The Canada market is experiencing CAGR of 9.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.3% during (2024 - 2031).

Transportation infrastructure, such as railways and electric vehicle (EV) charging networks, represents another emerging application area. Dry cable terminations are employed in electrified rail systems to connect power cables to overhead catenary lines, ensuring the reliable operation of high-speed trains. Similarly, as the adoption of EVs accelerates, the need for robust charging infrastructure has surged, with dry cable terminations providing safe and efficient connections for high-power charging stations.
Additionally, the adoption of dry cable terminations has gained momentum in recent years, driven by regulatory, environmental, and operational factors. One of the primary drivers is the increasing focus on environmental sustainability. While effective, traditional oil-filled terminations pose risks of leakage and contamination, which can have severe ecological consequences. Dry cable terminations eliminate these risks using solid insulation materials, making them a preferred choice for utilities and industries aiming to comply with stringent environmental regulations. For example, the European Union’s RoHS directive and other regional policies have encouraged manufacturers to adopt greener practices, boosting the demand for dry terminations.
The market is expanding as nations invest in modernizing power transmission infrastructure to support growing electricity demand and renewable energy integration. Mexico and Canada are making significant strides in clean energy adoption and grid expansion, which is driving the need for advanced electrical components. Dry cable terminations, essential for high-voltage transmission and efficient power distribution, are expected to witness rising demand in both countries as they enhance their energy networks.
Free Valuable Insights: The Dry Cable Termination Market is Predict to reach USD 3.38 Billion by 2031, at a CAGR of 7.6%
Based on Installation, the market is segmented into Outdoor Dry Cable Terminations, and Indoor Dry Cable Terminations. Based on Voltage, the market is segmented into High Voltage, Medium Voltage, and Low Voltage. Based on Application, the market is segmented into Power Transmission & Distribution, Industrial Applications, Oil & Gas, Renewable Energy, Telecommunication, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- TE Connectivity Ltd.
- 3M Company
- Eaton Corporation plc
- Siemens AG
- Hubbell Incorporated
- Prysmian Group
- ABB Ltd.
- Nexans S.A.
- G&W Electric
- Sumitomo Electric Industries, Ltd.
North America Dry Cable Termination Market Report Segmentation
By Installation
- Outdoor Dry Cable Terminations
- Indoor Dry Cable Terminations
By Voltage
- High Voltage
- Medium Voltage
- Low Voltage
By Application
- Power Transmission & Distribution
- Industrial Applications
- Oil & Gas
- Renewable Energy
- Telecommunication
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Dry Cable Termination Market, by Installation
1.4.2 North America Dry Cable Termination Market, by Voltage
1.4.3 North America Dry Cable Termination Market, by Application
1.4.4 North America Dry Cable Termination Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. North America Dry Cable Termination Market by Installation
5.1 North America Outdoor Dry Cable Terminations Market by Country
5.2 North America Indoor Dry Cable Terminations Market by Country
Chapter 6. North America Dry Cable Termination Market by Voltage
6.1 North America High Voltage Market by Country
6.2 North America Medium Voltage Market by Country
6.3 North America Low Voltage Market by Country
Chapter 7. North America Dry Cable Termination Market by Application
7.1 North America Power Transmission & Distribution Market by Country
7.2 North America Industrial Applications Market by Country
7.3 North America Oil & Gas Market by Country
7.4 North America Renewable Energy Market by Country
7.5 North America Telecommunication Market by Country
7.6 North America Other Application Market by Country
Chapter 8. North America Dry Cable Termination Market by Country
8.1 US Dry Cable Termination Market
8.1.1 US Dry Cable Termination Market by Installation
8.1.2 US Dry Cable Termination Market by Voltage
8.1.3 US Dry Cable Termination Market by Application
8.2 Canada Dry Cable Termination Market
8.2.1 Canada Dry Cable Termination Market by Installation
8.2.2 Canada Dry Cable Termination Market by Voltage
8.2.3 Canada Dry Cable Termination Market by Application
8.3 Mexico Dry Cable Termination Market
8.3.1 Mexico Dry Cable Termination Market by Installation
8.3.2 Mexico Dry Cable Termination Market by Voltage
8.3.3 Mexico Dry Cable Termination Market by Application
8.4 Rest of North America Dry Cable Termination Market
8.4.1 Rest of North America Dry Cable Termination Market by Installation
8.4.2 Rest of North America Dry Cable Termination Market by Voltage
8.4.3 Rest of North America Dry Cable Termination Market by Application
Chapter 9. Company Profiles
9.1 TE Connectivity Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 3M Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Eaton Corporation PLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Siemens AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Hubbell Incorporated
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Prysmian Group
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 ABB Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Nexans S.A.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 G&W Electric
9.9.1 Company Overview
9.10. Sumitomo Electric Industries, Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 North America Dry Cable Termination Market, 2020 - 2023, USD Million
TABLE 2 North America Dry Cable Termination Market, 2024 - 2031, USD Million
TABLE 3 North America Dry Cable Termination Market by Installation, 2020 - 2023, USD Million
TABLE 4 North America Dry Cable Termination Market by Installation, 2024 - 2031, USD Million
TABLE 5 North America Outdoor Dry Cable Terminations Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Outdoor Dry Cable Terminations Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Indoor Dry Cable Terminations Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Indoor Dry Cable Terminations Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Dry Cable Termination Market by Voltage, 2020 - 2023, USD Million
TABLE 10 North America Dry Cable Termination Market by Voltage, 2024 - 2031, USD Million
TABLE 11 North America High Voltage Market by Country, 2020 - 2023, USD Million
TABLE 12 North America High Voltage Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Medium Voltage Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Medium Voltage Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Low Voltage Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Low Voltage Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Dry Cable Termination Market by Application, 2020 - 2023, USD Million
TABLE 18 North America Dry Cable Termination Market by Application, 2024 - 2031, USD Million
TABLE 19 North America Power Transmission & Distribution Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Power Transmission & Distribution Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Industrial Applications Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Industrial Applications Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Renewable Energy Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Renewable Energy Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Telecommunication Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Telecommunication Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Dry Cable Termination Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Dry Cable Termination Market by Country, 2024 - 2031, USD Million
TABLE 33 US Dry Cable Termination Market, 2020 - 2023, USD Million
TABLE 34 US Dry Cable Termination Market, 2024 - 2031, USD Million
TABLE 35 US Dry Cable Termination Market by Installation, 2020 - 2023, USD Million
TABLE 36 US Dry Cable Termination Market by Installation, 2024 - 2031, USD Million
TABLE 37 US Dry Cable Termination Market by Voltage, 2020 - 2023, USD Million
TABLE 38 US Dry Cable Termination Market by Voltage, 2024 - 2031, USD Million
TABLE 39 US Dry Cable Termination Market by Application, 2020 - 2023, USD Million
TABLE 40 US Dry Cable Termination Market by Application, 2024 - 2031, USD Million
TABLE 41 Canada Dry Cable Termination Market, 2020 - 2023, USD Million
TABLE 42 Canada Dry Cable Termination Market, 2024 - 2031, USD Million
TABLE 43 Canada Dry Cable Termination Market by Installation, 2020 - 2023, USD Million
TABLE 44 Canada Dry Cable Termination Market by Installation, 2024 - 2031, USD Million
TABLE 45 Canada Dry Cable Termination Market by Voltage, 2020 - 2023, USD Million
TABLE 46 Canada Dry Cable Termination Market by Voltage, 2024 - 2031, USD Million
TABLE 47 Canada Dry Cable Termination Market by Application, 2020 - 2023, USD Million
TABLE 48 Canada Dry Cable Termination Market by Application, 2024 - 2031, USD Million
TABLE 49 Mexico Dry Cable Termination Market, 2020 - 2023, USD Million
TABLE 50 Mexico Dry Cable Termination Market, 2024 - 2031, USD Million
TABLE 51 Mexico Dry Cable Termination Market by Installation, 2020 - 2023, USD Million
TABLE 52 Mexico Dry Cable Termination Market by Installation, 2024 - 2031, USD Million
TABLE 53 Mexico Dry Cable Termination Market by Voltage, 2020 - 2023, USD Million
TABLE 54 Mexico Dry Cable Termination Market by Voltage, 2024 - 2031, USD Million
TABLE 55 Mexico Dry Cable Termination Market by Application, 2020 - 2023, USD Million
TABLE 56 Mexico Dry Cable Termination Market by Application, 2024 - 2031, USD Million
TABLE 57 Rest of North America Dry Cable Termination Market, 2020 - 2023, USD Million
TABLE 58 Rest of North America Dry Cable Termination Market, 2024 - 2031, USD Million
TABLE 59 Rest of North America Dry Cable Termination Market by Installation, 2020 - 2023, USD Million
TABLE 60 Rest of North America Dry Cable Termination Market by Installation, 2024 - 2031, USD Million
TABLE 61 Rest of North America Dry Cable Termination Market by Voltage, 2020 - 2023, USD Million
TABLE 62 Rest of North America Dry Cable Termination Market by Voltage, 2024 - 2031, USD Million
TABLE 63 Rest of North America Dry Cable Termination Market by Application, 2020 - 2023, USD Million
TABLE 64 Rest of North America Dry Cable Termination Market by Application, 2024 - 2031, USD Million
TABLE 65 Key information –TE Connectivity Ltd.
TABLE 66 Key Information – 3M Company
TABLE 67 Key Information – Eaton Corporation PLC
TABLE 68 Key Information – Siemens AG
TABLE 69 Key Information – Hubbell Incorporated
TABLE 70 Key Information – Prysmian Group
TABLE 71 Key Information – ABB Ltd.
TABLE 72 Key Information – Nexans S.A.
TABLE 73 Key Information – G&W Electric
TABLE 74 Key Information – Sumitomo Electric Industries, Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Dry Cable Termination Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Dry Cable Termination Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Dry Cable Termination Market
FIG 6 North America Dry Cable Termination Market share by Installation, 2023
FIG 7 North America Dry Cable Termination Market share by Installation, 2031
FIG 8 North America Dry Cable Termination Market by Installation, 2020 - 2031, USD Million
FIG 9 North America Dry Cable Termination Market share by Voltage, 2023
FIG 10 North America Dry Cable Termination Market share by Voltage, 2031
FIG 11 North America Dry Cable Termination Market by Voltage, 2020 - 2031, USD Million
FIG 12 North America Dry Cable Termination Market share by Application, 2023
FIG 13 North America Dry Cable Termination Market share by Application, 2031
FIG 14 North America Dry Cable Termination Market by Application, 2020 - 2031, USD Million
FIG 15 North America Dry Cable Termination Market share by Country, 2023
FIG 16 North America Dry Cable Termination Market share by Country, 2031
FIG 17 North America Dry Cable Termination Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: TE Connectivity Ltd.
FIG 19 SWOT Analysis: 3M Company
FIG 20 SWOT Analysis: Eaton Corporation PLC
FIG 21 SWOT Analysis: Siemens AG
FIG 22 SWOT Analysis: Hubbell Incorporated
FIG 23 SWOT Analysis: Prysmian Group
FIG 24 SWOT Analysis: ABB ltd.
FIG 25 SWOT Analysis: Nexans S.A.
FIG 26 SWOT Analysis: Sumitomo Electric Industries, Ltd