The report "Cables and Accessories Market by Voltage (Low, Medium, High), LV by Installation (Overhead (Conductors, Accessories), Underground (PVC, XLPE, Terminations, and Joints)), LV by End-User (Industrial, Renewables), and Region - Global Forecast to 2022", The global cables and accessories market is estimated to reach USD 121.63 Billion in 2017, and is further projected to reach USD 158.25 Billion by 2022 growing at a CAGR of 5.40%. The market is set to witness growth, due to increasing urbanization, industrialization, and rising demand for electricity from the industrial, commercial, and residential sectors.

Browse 135 market data Tables and 48 Figures spread through 205 Pages and in-depth TOC on "Cables and Accessories Market by Voltage (Low, Medium, High), LV by Installation (Overhead (Conductors, Accessories), Underground (PVC, XLPE, Terminations, and Joints)), LV by End-User (Industrial, Renewables), and Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/cable-accessories-market-183767317.html
Early buyers will receive 10% customization on reports.

Overhead cables and accessories segment is expected to hold the largest share of low voltage cables and accessories market, by installation, during the forecast period

Overhead cables and accessories are cost-effective and convenient to install making it currently more preferred in the entire market. Driven by the capability to meet increasing power demand and growth in rural electrification in the developing countries such as India, Thailand, Malaysia, , this segment is expected witness decent growth during the forecast period.

Infrastructure segment is expected to be the largest in the low voltage cables and accessories market, by end-user, in 2017

Low voltage cables and accessories market in the Infrastructure segment is expected to be the largest, by end-user, in 2017. The growth of this segment is mainly driven by the increasing adoption of low voltage cables in the commercial and residential sectors in the developing economies in South Asia, namely, India, Indonesia, Philippines among others. Upgrade and replacement of the current infrastructures in the European and North American regions are expected to drive the low voltage cables and accessories market in the respective geographies. Globally, expansion of transmission and distribution network and adoption of smart grid technology are also the major factors for a large market share held by the segment.

Asia-Pacific: Expected to be the leading market for low voltage cables and accessories during the forecast period

Low voltage cables and accessories market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Demand in Asia-Pacific is expected to lead the low voltage cables and accessories market, by region. Increasing demand for electrical energy due to urbanization and industrialization, as well as rising government mandates to achieve sustainable goals, is likely to drive the market during the forecast period in the region. Increasing power demand in countries such as India would require massive addition to the installed power generating capacity and development of adequate infrastructure. This would further drive the low voltage cables and accessories market in Asia-Pacific.

To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the cables and accessories market. These players include Prysmian (Italy), Nexans (France), NKT Cables (Germany), General Cables (US), Sumitomo (Japan), and ABB (Switzerland). Leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]