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Cables & Accessories Market worth $203.36 billion by 2030, growing at a CAGR of 4.30% - Exclusive Report by 360iResearch
Cables & Accessories Market | 360iResearch
The Global Cables & Accessories Market to grow from USD 151.42 billion in 2023 to USD 203.36 billion by 2030, at a CAGR of 4.30%.
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The cables & accessories comprise a wide range of products essential for the transmission and distribution of electrical power. This includes power cables, cable joints, cable terminations, connectors, and other accessories that safely connect and protect electrical systems. These components find application across various sectors, including energy, telecommunications, automotive, and industrial enterprises. The escalating demand for electricity globally, spurred by industrial growth, urbanization, and the expansion of power infrastructure are the key drivers. Additionally, investments in renewable energy resources and the upgrade of aging electrical infrastructure in developed economies play crucial roles in boosting market. However, the fluctuating raw material prices, primarily of copper and aluminum lead to cost pressures. Furthermore, stringent regulatory standards and the need for high-quality, fire-resistant cables increase manufacturing complexity and cost. The maturing infrastructure in developed countries and competition from counterfeit products also present significant challenges. The growing emphasis on establishing smart grids and energy systems that integrate renewable resources present significant opportunities for cables & accessories. The shift toward sustainable and energy-efficient systems is set to create significant demand. Additionally, technological innovations focused on enhancing product durability and efficiency are expected to present new avenues for growth.
Market Segmentation & Coverage:
This research report categorizes the Cables & Accessories Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Accessories, Conductors & Cables, Submarine Cables & Accessories, and Underground Cables & Accessories. The Accessories is further studied across Cable Joints, Cable Terminations, Clamps, and Connectors. The Accessories is projected to witness significant market share during forecast period.
Based on Voltage, market is studied across High Voltage, Low Voltage, and Medium Voltage. The Medium Voltage is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Chemicals & Petrochemicals, Energy & Utilities, Mining & Metals, Oil & Gas, and Transportation. The Energy & Utilities is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Cables & Accessories Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Cables & Accessories Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Cables & Accessories Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., American Wire Group, Belden Incorporated, Brugg Kabel AG, Dubai Cable Company (Private) Limited, Eland Cables Ltd, Elsewedy Electric Co S.A.E., Furukawa Electric Co., Ltd., HELUKABEL GmbH, Hitachi, Ltd., LS Cable & System Ltd., Nexans S.A., NKT A/S, Philatron Wire & Cable, Polycab India Limited, Prysmian Group, Relemac Technologies Private Limited, Southwire Company, LLC, Sumitomo Corporation, Taihan Cable & Solution Co., Ltd., TE Connectivity Ltd, TELE-FONIKA Kable S.A., TPC Wire & Cable Corp, TriMark Corporation, and Yamuna Cable Accessories Pvt. Ltd..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cables & Accessories Market, by Type
7. Cables & Accessories Market, by Voltage
8. Cables & Accessories Market, by End-User
9. Americas Cables & Accessories Market
10. Asia-Pacific Cables & Accessories Market
11. Europe, Middle East & Africa Cables & Accessories Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Cables & Accessories Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cables & Accessories Market?
3. What is the competitive strategic window for opportunities in the Cables & Accessories Market?
4. What are the technology trends and regulatory frameworks in the Cables & Accessories Market?
5. What is the market share of the leading vendors in the Cables & Accessories Market?
6. What modes and strategic moves are considered suitable for entering the Cables & Accessories Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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