Cable and Accessories Market, 2016 – 2024
Cable accessories are integral part of the power cable systems. These are extensively used in the transmission and distribution of electricity.
Cable accessories are integral part of the power cable systems. These are extensively used in the transmission and distribution of electricity.
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Published By:Zion <strong>Market</strong> Research<br />
<strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Global Industry Analysis, Size, Share,<br />
Growth, Trends, <strong>and</strong> Forecasts <strong>2016</strong><strong>–</strong><strong>2024</strong><br />
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<strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong><br />
Global <strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Overview<br />
<strong>Cable</strong> accessories are an integral part of the power cable systems. These are extensively used in<br />
the transmission <strong>and</strong> distribution of electricity. These cable accessories include connector<br />
systems, cable joints, termination, <strong>and</strong> so on. <strong>Cable</strong> accessories are prominently used in lowvoltage<br />
applications where they possess high network density as compared to high- <strong>and</strong><br />
medium-voltage applications. For instance, Prysmian Group, the world leader in the energy <strong>and</strong><br />
telecom cables <strong>and</strong> systems industry, signed an agreement for the acquisition of the German<br />
copper data cable operation. The business reported the sale of approximately €22 Million in<br />
2015 for the production of CAT5, CAT6, <strong>and</strong> CAT7 cables.<br />
Global <strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Growth Factors<br />
People are moving towards conventional sources of renewable energy; this may drive the<br />
dem<strong>and</strong> in the global market in future. Owing to rising population <strong>and</strong> increasing disposal<br />
income the global cable <strong>and</strong> accessories market is anticipated to grow in the near future.<br />
Associated tidal energy projects are also impacting the global market in a positive way. New<br />
insulation technologies in the cable <strong>and</strong> accessories market are expected to fuel the dem<strong>and</strong> in<br />
future. Considerable dem<strong>and</strong> from emerging economies is also contributing to the global market<br />
growth. Growing dem<strong>and</strong> from key end-use applications also impacts the market growth<br />
positively. Lack of financial assistance <strong>and</strong> poor planning of the projects are few market
<strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong><br />
restraints that may hamper the global cable <strong>and</strong> accessories market growth in the near future to<br />
some extent.<br />
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Global <strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Segmentation<br />
Based on voltage level, the global cable accessories market is divided into low voltage level,<br />
medium voltage level, <strong>and</strong> high voltage level. Of these, low voltage level segment grabs the<br />
largest market share in the global market. The low voltage level is mainly used to distribute <strong>and</strong><br />
transmit the electricity from distribution stations to the end user. Low voltage power cables are<br />
preferred to distribute electricity to commercial <strong>and</strong> residential areas too.<br />
Global <strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Regional Analysis<br />
Geographically, the global cable accessories market is segmented as North America, Europe,<br />
Asia-Pacific, Latin America, <strong>and</strong> the Middle East & Africa. Asia Pacific is the dominating region for<br />
cable <strong>and</strong> accessories market owing to favorable growth in power industries. China <strong>and</strong> India are<br />
emerging as dem<strong>and</strong>ing regions for cable <strong>and</strong> accessories market. This trend is followed by<br />
Europe where the rising industrial network is anticipated to further propel the global market<br />
growth in future.<br />
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<strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong><br />
Global <strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Competitive Players<br />
The major players in the global cable <strong>and</strong> accessories market include Hebei New Baofeng Wire &<br />
<strong>Cable</strong> Co., Ltd., NKT <strong>Cable</strong>s, Caledonian <strong>Cable</strong>s Ltd., General <strong>Cable</strong> Technologies<br />
Corporation, Bahra Advanced <strong>Cable</strong> Manufacture Co. Ltd., Dubai <strong>Cable</strong> Company (Private) Ltd.,<br />
ABB Ltd., Prysmian S.P.A, Brugg Group, <strong>and</strong> Nexans.<br />
Global <strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong>: Regional Segment Analysis<br />
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North America<br />
o U.S.<br />
Europe<br />
o UK<br />
o France<br />
o Germany<br />
Asia Pacific<br />
o China<br />
o Japan<br />
o India<br />
Latin America<br />
o Brazil<br />
The Middle East <strong>and</strong> Africa
<strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong><br />
What Report Provides<br />
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Full in-depth analysis of the parent market<br />
Important changes in market dynamics<br />
Segmentation details of the market<br />
Former, on-going, <strong>and</strong> projected market analysis in terms of volume <strong>and</strong> value<br />
Assessment of niche industry developments<br />
<strong>Market</strong> share analysis<br />
Key strategies of major players<br />
Emerging segments <strong>and</strong> regional markets<br />
Testimonials to companies in order to fortify their foothold in the market<br />
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<strong>Cable</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.com<br />
Web:www.zionmarketresearch.com
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