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Cable and Accessories Market Worth 202.07 Billion USD by 2021


News provided by

MarketsandMarkets

10 Oct, 2016, 09:30 GMT

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PUNE, India, October 10, 2016 /PRNewswire/ --

The report "Cable and Accessories Market by Overhead (Conductors, Fittings & Fixtures), Underground (PVC Cables, XLPE Cables, Cable Terminations, & Joints), Submarine (XLPE Cables, MI Cables, Cable Terminations & Joints) and End-User - Global Forecast to 2021", published by MarketsandMarkets, the global market is projected to grow from an estimated USD 147.53 Billion in 2016 to USD 202.07 Billion by 2021, registering a CAGR of 6.5%.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 163 market data Tables and 60 Figures spread through 259 Pages and in-depth TOC on "Cable and Accessories Market"

http://www.marketsandmarkets.com/Market-Reports/cable-accessories-market-183767317.html

Early buyers will receive 10% customization on this report. 

Factors such as increase in renewable energy generation, rapid industrialization & urbanization, and government initiatives undertaken to expand transmission & distribution systems would drive the LV & MV Cable and Accessories Market.

Infrastructure segment to dominate the LV cables & accessories market 

The Cable and Accessories Market has been categorized, by installation, into three segments, namely, industrial, infrastructure, and renewables. The infrastructure sector held more than half of the LV cables & accessories market share in 2015. This growth can be attributed to increasing urbanization and continuing demand from commercial users, especially in the emerging economies. The industrial sector held around half of the MV Cable and Accessories Market share in 2015. Growth in construction would eventually increase the number of MV cables & accessories being used in the construction process. These factors drive the Cable and Accessories Market.

Overhead segment is expected to hold the major market for LV cables & accessories 

On the basis of installation, the LV Cable and Accessories Market has been segmented into underground and overhead. The overhead sector dominated the market, followed by underground in 2015. Further, the MV Cable and Accessories Market, based on installation, has been segmented into underground, overhead, and submarine. In 2015, the underground sector dominated the market, followed by overhead. Continuous refurbishment of LV & MV voltage cables & accessories is essential in the underground segment. They have to be replaced in order to maintain the cables according to the soil condition. Therefore, the market for LV & MV cables & accessories in the underground segment is expected to grow at the highest CAGR during the forecast period.

Make an Inquiry:  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=183767317

Asia-Pacific would see the highest growth for Cable and Accessories Market 

The report covers five regions, namely, Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. The Asia-Pacific region is expected to witness a high-growth rate for cables & accessories from 2016 to 2021. Moreover, increase in renewable power generation would drive the LV & MV Cable and Accessories Market.

The report also provides an in-depth understanding of the competitive landscape, along with profiles of the leading cables & accessories market players such as Prysmian S.p.A (Italy), General Cable Technologies Corporation (U.S.), Nexans (France), NKT Cables (Germany), and ABB Ltd. (Switzerland).

Related Reports: 

Medium Voltage Cables & Accessories Market by Overhead (Conductors, Fittings & Fixtures), Underground & Submarine (MI Cables, XLPE Cables, Cable Terminations, Cable Joints), End-User (Infrastructure, Industrial, Renewables), & by Region - Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/medium-voltage-cable-market-15193142.html

High Voltage Cables Market by Type of Use (Overhead, Underground, Submarine), Overhead Products (Conductors, Fittings & Fixtures), Underground & Submarine Products (XLPE Cables, MI Cables, Cable Joints & Terminations), and Region - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/high-voltage-cable-accessories-market-95892251.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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