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The Asia Pacific cable accessories market is currently witnessing moderate growth. Cable accessories refer to essential components used for connecting cables and insulating conductors from direct contact with the earth. Some of the most common cable accessories include heat shrinks, porcelain terminations, cable joints and connector systems. They provide a reliable service for longer operating life in underground and overhead installations. In the Asia Pacific region, the demand for cable accessories has escalated as they protect the cables from erosion caused by ultraviolet (UV) rays, environmental stress, or other natural phenomena.
The Asia Pacific represents one of the largest markets for cable accessories, primarily driven by rapid urbanization and the growing number of internet users due to the expanding population in the region. Besides this, the constant improvements made to the existing telecommunication infrastructure have led to the increased demand for cable accessories. They are utilized for setting up transmission and distribution (T&D) networks for electricity, telephone, and internet systems. Furthermore, the growing number of private players in the power T&D market has resulted in large-scale investments, which is propelling the growth of the market. Looking forward, the market is expected to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific cable accessories market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, voltage, installation and end user.
Breakup by Voltage:
Breakup by Installation:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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