Global Cable Accessories Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Cable Accessories market size was valued at USD 41710 million in 2023 and is forecast to a readjusted size of USD 55870 million by 2030 with a CAGR of 4.3% during review period.
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 Global Info Research report includes an overview of the development of the Cable Accessories industry chain, the market status of Infrastructure (Underground Cables and Accessories, Submarine Cables and Accessories), Renewables (Underground Cables and Accessories, Submarine Cables and Accessories), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cable Accessories.
Regionally, the report analyzes the Cable Accessories markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cable Accessories market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Cable Accessories market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cable Accessories industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Underground Cables and Accessories, Submarine Cables and Accessories).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cable Accessories market.
Regional Analysis: The report involves examining the Cable Accessories market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cable Accessories market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Cable Accessories:
Company Analysis: Report covers individual Cable Accessories manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cable Accessories This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Infrastructure, Renewables).
Technology Analysis: Report covers specific technologies relevant to Cable Accessories. It assesses the current state, advancements, and potential future developments in Cable Accessories areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cable Accessories market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Cable Accessories market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Underground Cables and Accessories
Submarine Cables and Accessories
Overhead Cables and Accessories
Market segment by Application
Infrastructure
Renewables
Industries
Major players covered
ABB
Nexans
NKT Cables
Prysmian
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cable Accessories product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cable Accessories, with price, sales, revenue and global market share of Cable Accessories from 2019 to 2024.
Chapter 3, the Cable Accessories competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cable Accessories breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Cable Accessories market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cable Accessories.
Chapter 14 and 15, to describe Cable Accessories sales channel, distributors, customers, research findings and conclusion.