Global Cable Accessories Market Report 2023: Sector is Expected to Reach $79.59 Billion by 2030 at a CAGR of 6.7%

DUBLIN, June 8, 2023 /PRNewswire/ -- The "Cable Accessories Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

The global cable accessories market is expected to grow at a CAGR of around 6.7% to reach $79.59 billion by 2030 from $50.39 billion in 2023.

Companies Mentioned

Nexans SA

The Prysmian Group

ABB Group

NKT A/S

Taihan Electric Wire Company Ltd.

This report on global cable accessories market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global cable accessories market by segmenting the market based on end user, voltage, installation and region.

Also, detailed profiles of companies operating in the cable accessories market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision. Market Dynamics

Drivers

Rapid industrialisation

Increased demand of consumer electronics

Growing utilisation of smart technology

Challenges

Growing R&D needs

Global supply chain disruptions due to Covid-19 pandemic

Historical & Forecast Period

Base Year: 2022

Historical Period: 2018-2022

Forecast Period: 2023-2030

Market Segmentation

by End User

Industrial

Renewables

by Voltage

Low Voltage

Medium Voltage

High Voltage

by Installation

Overhead

Underground

by Region

Europe

Germany

United Kingdom

France

Italy

Spain

Russia

Netherlands

Rest of Europe

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Rest of Asia Pacific

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Middle East & Africa

Saudi Arabia

Turkey

Iran

United Arab Emirates

Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/dbu7nr

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SOURCE Research and Markets