Cable accessories are designed to operate alongside cables and form an integral part of the power cable systems. These accessories are extensively used in establishing the electricity transmission and distribution network infrastructure. Nowadays, numerous cable accessories such as connector systems, cable joints, termination, etc. are present in the market in different shapes, sizes, features and type. According to IMARC Group’s latest report, titled “Cable Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global cable accessories market reached a value of more than US$ 46 Billion in 2018.
A significant shift towards sources of renewable energy, such as solar, wind or tidal, has created a demand for weather resistant and durable cable and relative cable accessories. Installation of high-voltage direct current (HVDC) cable joints and terminations, coupled with the aim of upgrading the existing infrastructure encouraged by government aids, has bolstered the market growth for cable accessorises. Despite the presence of these driving forces, the market is restrained by limited funds, steeply priced raw materials and delayed implementation due to poor planning. However, the market is projected to reach a value of US$ 64 Billion by 2024, exhibiting a CAGR of almost 5.5% during 2019-2024.
The report has segmented the market on the basis of voltage level, including low voltage cable accessories, medium voltage cable accessories and high voltage cable accessories. Amongst these, low voltage cable accessories are the most popular product type. On a regional-basis, the report covers Asia Pacific, Europe, North America, Latin America, and Middle East and Africa. Currently, Asia Pacific represents the largest region, accounting for the majority of the market share. The report has also analysed the competitive landscape of the market with some of the key global players being Nexans, Prysmian Spa, ABB Group, NKT Group and Taihan Electric Wire Company Ltd.
This report provides a deep insight into the global cable accessories market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the cable accessories industry in any manner.
Key Questions Answered in This Report:
- How has the global cable accessories market performed so far and how will it perform in the coming years?
- What are the key regions in the global cable accessories market?
- Which are the popular product types in the global cable accessories market?
- What are the various stages in the value chain of the global cable accessories market?
- What are the key driving factors and challenges in the global cable accessories market?
- What is the structure of the global cable accessories market and who are the key players?
- What is the degree of competition in the global cable accessories market?
- How are cable accessories manufactured?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cable Accessories Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Voltage
5.4 Market Breakup by Installation
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Voltage
6.1 Low Voltage Cable Accessories
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Medium Voltage Cable Accessories
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 High Voltage Cable Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Installation
7.1 Overhead Cable Accessories
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Underground Accessories
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End-User
8.1 Industrial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Renewables
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 North America
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Latin America
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
10 Cable Accessories Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Nexans
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.1.5 SWOT Analysis
11.3.2 Prysmian Spa
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 ABB Group
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.3.4 SWOT Analysis
11.3.4 NKT Group
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.4.4 Financials
11.3.4.5 SWOT Analysis
11.3.5 Taihan Electric Wire Company Ltd.
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio
11.3.5.4 Financials
11.3.5.5 SWOT Analysis
List of Figures
Figure 1: Global: Cable Accessories Market: Major Drivers and Challenges
Figure 2: Global: Cable Accessories Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Cable Accessories Market: Breakup by Voltage Level (in %), 2018
Figure 4: Global: Cable Accessories Market: Breakup by Installation (in %), 2018
Figure 5: Global: Cable Accessories Market: Breakup by End-User (in %), 2018
Figure 6: Global: Cable Accessories Market: Breakup by Region (in %), 2018
Figure 7: Global: Cable Accessories Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Cable Accessories Industry: SWOT Analysis
Figure 9: Global: Cable Accessories Industry: Value Chain Analysis
Figure 10: Global: Cable Accessories Industry: Porter’s Five Forces Analysis
Figure 11: Global: Low Voltage Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 12: Global: Low Voltage Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Medium Voltage Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 14: Global: Medium Voltage Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: High Voltage Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 16: Global: High Voltage Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Cable Accessories (Overhead) Market: Sales Value (in Million US$), 2011 & 2018
Figure 18: Global: Cable Accessories (Overhead) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Cable Accessories (Underground) Market: Sales Value (in Million US$), 2011 & 2018
Figure 20: Global: Cable Accessories (Underground) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Cable Accessories (End-Use in Industrial) Market: Sales Value (in Million US$), 2011 & 2018
Figure 22: Global: Cable Accessories (End-Use in Industrial) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Cable Accessories (End-Use in Renewables) Market: Sales Value (in Million US$), 2011 & 2018
Figure 24: Global: Cable Accessories (End-Use in Renewables) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Asia Pacific: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 26: Asia Pacific: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Europe: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 28: Europe: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: North America: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 30: North America: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Latin America: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 32: Latin America: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Middle East and Africa: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 34: Middle East and Africa: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Cable Accessories Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Cable Accessories Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Cable Accessories Market Forecast: Breakup by Voltage Level (in Million US$), 2019-2024
Table 3: Global: Cable Accessories Market Forecast: Breakup by Installation (in Million US$), 2019-2024
Table 4: Global: Cable Accessories Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Cable Accessories Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Cable Accessories Manufacturing: Raw Material Requirements
Table 7: Global: Cable Accessories Market: Competitive Structure
Table 8: Global: Cable Accessories Market: Key Players