Global Cable Accessories Market | Share, Size, Growth, Trends And Forecast Report Till To 2022

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 Global Cable Accessories Market Stimulated by
Flourishing Renewable Energy Sector
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Report Description and Highlights
Report Description
 Global Cable Accessories Market Stimulated by
Flourishing Renewable Energy Sector The global
cable accessories market has witnessed a healthy
growth over the past several years. This can be
attributed to a surge in the renewable energy
sector coupled with government initiatives to
upgrade and extend electricity networks in the
developing regions. The recently published
report by IMARC Group, titled Cable Accessories
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2017-2022,
finds that the global cable accessories
market reached a value of US 44 Billion 2016.
Cable accessories refer to tools and devices that
help in the proper functioning of cable networks
used for the transmission and distribution of
power or data. These accessories include heat
shrink joints and termination, power cable
joints, modular terminators, porcelain
termination, etc. Cable networks are used in most
industries including marine and offshore, mining,
nuclear, solar and railway and utilities and
services such as electricity, telephone systems
and internet. The growth in these sectors has
facilitated the expansion of cable networks over
the years, resulting in an increased demand for
cables and cable accessories worldwide. Request
Sample of the Report http//www.imarcgroup.com/re
quest?typereportid848flagB
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global cable accessories
  market
• The booming renewable energy sector remains the
  primary factor for the market growth.
• The low voltage cable accessories segment leads
  the market, accounting for the majority of the
  total share.
• Asia-Pacific represents the largest regional
  market, holding the majority of the global share.
• On account of growing environmental concerns,
  the renewable energy sectors including wind,
  solar and tidal are witnessing a boost with
  various energy plants being set up. This is
  projected to propel the consumption of cable and
  related accessories as they will be required for
  transmitting the produced electricity. Apart from
  this, the governments in the developing regions
  are expanding and upgrading their electricity
  transmission systems, thereby creating a demand
  for cable accessories. Additionally, the use of
  high-voltage direct current (HVDC) for long
  distance power transmission is expected to
  stimulate the market growth over the next few
  years. According to the report, the market value
  is further anticipated to cross US 62 Billion by
  2022, exhibiting a CAGR of nearly 6 during
  2017-2022.
• Read full report _at_ http//www.imarcgroup.com/cable
  -accessories-market

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Report Description and Highlights
Report Description

• The market has been segmented on the basis of
  voltage levels into low voltage cable
  accessories, medium voltage cable accessories and
  high voltage cable accessories. Amongst these,
  low voltage cable accessories dominate the
  market, accounting for the largest share. These
  accessories are mainly used in networks for
  transmitting low voltage electricity for
  household consumption. Region-wise, Asia Pacific
  represents the leading market, holding the
  majority of the total share. It is followed by
  Europe, North America, Latin America, and Middle
  East and Africa. The competitive landscape of the
  market has also been analysed with the key
  players being Nexans, Prysmian Spa, ABB Group,
  NKT Group and Taihan Electric Wire Company
  Limited.
•  
• The report by IMARC Group has examined the global
  cable accessories market on the basis of
• Voltage Level
• Low Voltage Cable Accessories
• Medium Voltage Cable Accessories
• High Voltage Cable Accessories
• Region
• Asia Pacific
• Europe
•  

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Report Description and Highlights
Report Description

• North America
• Latin America
• Middle East and Africa
• Key Players
• Nexans
• Prysmian Spa
• ABB Group
• NKT Group
• Taihan Electric Wire Company Ltd.
• Browse more related reports http//www.imarcgroup
  .com/categories/retail-market-reports

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Report Description and Highlights
Report Description

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