A power cable is a combination of a single or multiple electrical conductors that are held together with a complete covering of insulator. These power cables are used to insulate it from the outer environment.
Global cable & accessories market is expected to grow at a sizable CAGR in the forecast period. Key drivers for this market are the burgeoning demand for renewable energy, rapid industrialization and urbanization, globally thriving HVDC projects, and government aids and initiatives to expand and upgrade the existing T&D infrastructure. Upsurge in power capacity on a world scale, offshore wind policies in developing countries, replacement of conventional grids by ‘Smart Grids’ and ugradation of infrastructure in emerging markets will open new avenues for this market on the forecast horizon. On the other hand, limited funds, complex planning and authorization of projects and the consequent delays in their implementation, steeply priced raw materials, and easily available inexpensive products in grey markets are challenging market growth. Shortage of technical expertise for employing HV projects is also hindering market growth.
The APAC is the highest revenue contributing region in the cable accessories market and accounted for around 42% of the overall market revenue in 2015. The demand for electric power is high in this region due to the growth in the electricity consuming sectors. The increase in private participation in the power T&D market has resulted in massive investments in the T&D networks in the region, which will augment the growth prospects for the cable accessories market.
In 2019, the market size of Cable Accessories is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cable Accessories.
This report studies the global market size of Cable Accessories, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Cable Accessories production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
Nexans
NKT Cables
Prysmian
...
Market Segment by Product Type
Underground Cables and Accessories
Submarine Cables and Accessories
Overhead Cables and Accessories
Market Segment by Application
Infrastructure
Renewables
Industries
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Cable Accessories status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Cable Accessories manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Cable Accessories are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Cable Accessories . Industry analysis & Market Report on Cable Accessories is a syndicated market report, published as Global (United States, European Union and China) Cable Accessories Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Cable Accessories market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.