Cable Accessories Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Cable Accessories Market attained a value of USD 48.5 billion in 2020. The market is further expected to grow in the forecast period of 2021-2027 at a CAGR of 5% to reach USD 67.3 billion by 2027. 

Cable accessories are designed to connect cables and insulated conductors in direct contact with the ground. Reinforces cables, increases durability, and protects cables from erosion and degradation caused by ultraviolet (UV) light, environmental stress, and other media. This helps provide reliable service for longer operating life in underground and overhead installations. Because of these advantages, cable accessories are widely used to build transmission and distribution (T&D) networks for electrical, telephone and internet systems.

Market Segments

By End User:

• Industrial
• Renewables
   

By Voltage:

• Low Voltage
• Medium Voltage
• High Voltage

By Installation:

• Overhead
• Underground

Key Players

Some of the key players are Eland Cables Ltd., ABB Limited, Prysmian SpA, NKT A/S, and Nexans SA.

Scope of the Report

The research study analyzes the global Cable Accessories industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Cable Accessories Market Report

1. What was the Cable Accessories Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Cable Accessories Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cable Accessories Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.