Global Cables and Accessories Market Size study, by Voltage (Low Voltage, Medium Voltage, High Voltage) by Power Range (Overhead Cables & Accessories, Underground Cables & Accessories, Submarine Cables & Accessories) by End User (Industrial, Renewable, In

Global Cables and Accessories Market Size study, by Voltage (Low Voltage, Medium Voltage, High Voltage) by Power Range (Overhead Cables & Accessories, Underground Cables & Accessories, Submarine Cables & Accessories) by End User (Industrial, Renewable, Infrastructure) and Regional Forecasts 2022-2028

Global Cables and Accessories Market is valued at approximately USD 142.42 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.40 % over the forecast period 2022-2028. Cables and Accessories protect cable from erosion and degradation and also enhance the durability of cables. It helps in providing a reliable service for a longer lifecycle. Governments in most emerging countries have taken multiple initiatives to electrify both urban and rural areas. The rise in demand for electricity from various end-use industries including construction and manufacturing. For instance, in September 2021, Nexans S.A. signed an agreement with Xignux SA of Mexico to acquire Centelsa, a premium cable maker in Latin America active in the production of cables for building and utility applications. This has strengthened the position of the company in Latin America Also, governments from various nations are tackling environmental issues by taking different initiatives to promote renewable power generation. Technological advancement towards the development of smart grids and R&D However, Complex planning and authorization processes impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Cables and Accessories Market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. Asia-Pacific dominated the Global Cables and Accessories Market in 2021 and is anticipated to maintain this dominance in the cable accessories market trend during the forecast period. This is attributed to the presence of key players and a huge consumer base in the region and rise in demand form emerging countries.

Major market players included in this report are:
Prysmian Group
Nexans S.A.
NKT A/S
General Cable
Sumitomo Chemical Company, Limited
ABB Ltd
Ducab
LS Cable & System
TELE-FONIKA Kable S.A.
Southwire

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Voltage:
Low Voltage
Medium Voltage
High Voltage
By Power Range:
Overhead Cables & Accessories
Underground Cables & Accessories
Submarine Cables & Accessories
By End User:
Industrial
Renewable
Infrastructure
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Cables and Accessories Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Prysmian Group
Nexans S.A.
NKT A/S
General Cable
Sumitomo Chemical Company, Limited
ABB Ltd
Ducab
LS Cable & System
TELE-FONIKA Kable S.A.
Southwire

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.