Press release
Global Cables and Accessories Market worth 158.25 Billion US$ till 2022 | Global Key Players- Prysmian, Nexans, General Cable, NKT Cables, Sumitomo etc.
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Cables and Accessories Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The cables and accessories market is projected to reach from US$ 121.63 Billion in 2017 to US$ 158.25 Billion, by 2022, growing at a CAGR of 5.40%, from 2017 to 2022. Increasing demand for electric power worldwide and increasing investments in smart grids are driving the market growth of cables and accessories across the world.
Top Key Players in the “Cables and Accessories Market” report include are
• Prysmian (Italy)
• Nexans (France)
• General Cable (US)
• NKT Cables(Germany)
• Sumitomo (Japan)
Low voltage segment is expected to grow quickly in the global cables and accessories market during the forecast period. This growth can be attributed to rising investment in smart grid technology, increase in renewable energy generation, and expansion of transmission and distribution network.
Europe is the second largest market for low voltage cables and accessories followed by North America and Middle East and Africa. Focus of the governments of countries such as Germany, the UK, and Russia for increased renewable energy contributions in regional electricity generation mix is expected to boost the demand for low voltage cables and accessories in Europe.
Access Complete report on Cables and Accessories Market spread across 196 Pages, profiling 13 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=711322 .
The Study Objectives of this report are:
• To strategically analyze the cables and accessories market with respect to individual growth trends, future projections, and the contribution of each segment to the market
• To provide detailed information regarding major factors influencing the growth of the cables and accessories market (drivers, restraints, opportunities, and industry-specific challenges)
• To track and analyze competitive developments such as contracts & agreements, new product launches, expansions and investments, and partnerships and collaborations in the cables and accessories market
• To profile key players and comprehensively analyze their market ranking and core competencies
The report’s target audience includes:
• Consulting companies in the power sector
• Cable manufacturing companies
• Engineering, procurement, and construction companies in the transmission and distribution sector
• Government and research organizations
• Power transmission and distribution companies
• Cables and accessories and equipment manufacturers
• Insulation raw material suppliers
• Investment banks
Get Discount on this report @ https://www.reportsnreports.com/contacts/discount.aspx?name=711322 .
Research Coverage:
The report provides a picture of the cables and accessories market across the power industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as voltage, installation, end-user, and region.
List of Tables:
• Low Voltage Cables & Accessories Market Snapshot
• Asia Pacific Urbanization Prospects
• Cables & Accessories Market Size, By Voltage, 2015–2022 (USD Billion)
• Low Voltage: Cables & Accessories Market Size, By Region, 2015–2022 (USD Million)
• Medium Voltage: Cables & Accessories Market Size, By Region, 2015–2022 (USD Million)
• …..and more
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