Cable Accessories Market: By Voltage, By Installation By End User  By Region Forecast to 2030.

Cable Accessories Market Size, Share, Growth, Trends, and Global Industry Analysis: By Voltage (Low, Medium, High), By Installation (Overhead, Underground) By End User (Industrial, Renewable, Infrastructure & Others)  By Region Forecast to 2030.

Cable Accessories Market size was valued at US$ 59,392.8 million in 2023 and is projected to grow at 5.1% CAGR from 2024 – 2030. Cable accessories are parts that are used with cables for a variety of purposes including insulation and sealing, installation, design integrity, etc. Also cable accessories include duct seals, terminations, joints and splices to seal and insulate the cable from its surrounding environment. The key market drivers of market are growing use of polymeric insulation cable and the need for connection with paper insulation cable are the key factors expected to accelerate the market growth during the forecast period.

Moreover, increasing demand for reliable technology with long operating life also surge the growth of market over the forecast years. However, reasons behind market hindrance are lack of awareness about cable accessories amongst the general population, high cost associated with underground cables, and lack of skilled technicians and engineers in certain regions can limit the adoption of these advanced accessories slowing the overall growth of the  market. The availability of alternative technologies, such as wireless communication systems or non–cable solutions in certain sectors (like telecommunications or data transmission), poses a challenge to the market. The key opportunities of  market are favorable renewable energy policies in key countries.

For instance, some incentives such as feed-in tariffs, and tax credits have led to investors and project developers shifting towards renewable power generation. Moreover, the expansion of smart grid infrastructure, and modernization of power grids in reduce power losses and improve the reliability of cable accessories. The emerging key trends of market are increasing demand for smart infrastructure and rising utilization of renewable energy systems are positively influencing the market and global start-ups in the market are stepping forward to match the requirements of the customers.

Cable Accessories Market Key Developments

  • In September 2021, French cable maker Nexans S.A. has made an agreement with Xignux SA of Mexico to acquire Centelsa, which is a high-end cable maker in Latin America specialized in the cable manufacturing business for building and utility applications.
  • In March 2020, Elsewedy Electric launched in the company's factory at Ain Defla, Algeria three new products, joints & terminators for cables up to 66kv, solar cables, and coaxial cables.

Cable Accessories Market Summary

Study Period

2024 - 2030

Base Year

2023

CAGR

5.1%

Largest Market

North America

Fastest Growing Market

Europe

Cable Accessories Market Dynamics

Cable accessories have emerged as an integral part of cable installation and distribution in various industries therefore, the high growth rate of urbanization and expanding industries are also projected to drive the growth of the market during the forecast period. The driving factor that would help in developing the market throughout the forecast period would be the increasing demand for electricity from various end-use industries such as oil & gas, construction, and manufacturing. Some other technological developments related to smart grid development and research and development towards the improvement of cable accessories quality are likely to ensure promising growth opportunities for key players in maintaining their global cable accessories market share.

Cable Accessories Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024 - 2030

Market Size in 2023

US$ 59,392.8 million

Market CAGR

5.1%

By Voltage

  • Low
  • Medium
  • High  

By Installation

  • Overhead
  • Underground  

By End User

  • Industrial
  • Renewable
  • Infrastructure
  • Others

Key Features of the Report

  • The cable accessories market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.

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Frequently Asked Questions

The global cable accessories market was valued at US$ 59,392.8 million in 2023 and is projected to grow at 5.1% CAGR over the forecast years 2024 – 2030.

North America is expected to hold the highest market share in the market.

Some key market players in the market are Eland Cables Ltd., Abb Ltd., Prysmian Spa, NKT Cables, Nexans.

Europe is expected to have the highest market growth in the market.

The key market trends of the market are increasing demand for smart infrastructure and rising utilization of renewable energy systems.

1. Executive Summary
2. Global Cable Accessories Market Introduction 
2.1.Global Cable Accessories Market  - Taxonomy
2.2.Global Cable Accessories Market  - Definitions
2.2.1.Voltage
2.2.2.Installation
2.2.3.End Users
2.2.4.Region
3. Global Cable Accessories Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Cable Accessories Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Cable Accessories Market  By Voltage, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Low
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Medium
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. High  
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Cable Accessories Market  By Installation, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Overhead
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Underground  
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Cable Accessories Market  By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Industrial
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Renewable
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Infrastructure
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Cable Accessories Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Cable Accessories Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Voltage Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Low
9.1.2.Medium
9.1.3.High  
9.2.  Installation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Overhead
9.2.2.Underground  
9.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Industrial
9.3.2.Renewable
9.3.3.Infrastructure
9.3.4.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Cable Accessories Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Voltage Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Low
10.1.2.Medium
10.1.3.High  
10.2.  Installation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Overhead
10.2.2.Underground  
10.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Industrial
10.3.2.Renewable
10.3.3.Infrastructure
10.3.4.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Cable Accessories Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Voltage Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Low
11.1.2.Medium
11.1.3.High  
11.2.  Installation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Overhead
11.2.2.Underground  
11.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Industrial
11.3.2.Renewable
11.3.3.Infrastructure
11.3.4.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Cable Accessories Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Voltage Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Low
12.1.2.Medium
12.1.3.High  
12.2.  Installation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Overhead
12.2.2.Underground  
12.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Industrial
12.3.2.Renewable
12.3.3.Infrastructure
12.3.4.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Cable Accessories Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Voltage Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Low
13.1.2.Medium
13.1.3.High  
13.2.  Installation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Overhead
13.2.2.Underground  
13.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Industrial
13.3.2.Renewable
13.3.3.Infrastructure
13.3.4.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Eland Cables Ltd.
14.2.2.Abb Ltd.
14.2.3.Prysmian Spa
14.2.4.NKT Cables
14.2.5.Nexans
14.2.6.Prysmian
14.2.7.General Cable
14.2.8.L S Cable
14.2.9.Furukawa
14.2.10.Southwire
14.2.11.Tele – Fonika Kable Group
14.2.12.Elsewedy Electric
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Eland Cables Ltd.
  • Abb Ltd.
  • Prysmian Spa
  • NKT Cables
  • Nexans
  • Prysmian
  • General Cable
  • L S Cable
  • Furukawa
  • Southwire
  • Tele – Fonika Kable Group
  • Elsewedy Electric

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