The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global cable accessories market was valued at US$ 50.5 Billion in 2021.
We expect the global cable accessories market to exhibit a CAGR of 6.3% during 2022-2027.
The rising adoption of smart grid technology leading to the upgradation of existing power infrastructures
with advanced cable accessories, represents one of the key factors driving the global cable accessories
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary halt in numerous construction activities and
upgradations of power infrastructures, thereby limiting the demand for cable accessories.
Based on the voltage, the global cable accessories market has been classified into low voltage, medium
voltage, and high voltage. Among these, low voltage cable accessories currently hold the largest market
Based on of the installation, the global cable accessories market can be divided into overhead and
underground accessories. Currently, overhead cable accessories account for the majority of the total
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East
and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global cable accessories market include Nexans SA, The Prysmian
Group, ABB Group, NKT A/S, Taihan Electric Wire Company Ltd., etc.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at