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Cable accessories market Sales, Size, Demand Analysis, Growth Status, Opportunity & Forecast till 2018-2023

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Get more information about the market:  IMARC Group’s recent report, titled “Cable Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global cable accessories market reached a value of US$ 44 Billion in 2017.  Want more information about this market? Request a free report sample:  Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website:  – PowerPoint PPT presentation

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Title: Cable accessories market Sales, Size, Demand Analysis, Growth Status, Opportunity & Forecast till 2018-2023


1
    Cable Accessories Market Growth Induced by
Adoption of Modern Systems

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
 Cable Accessories Market Growth Induced by
Adoption of Modern Systems The global cable
accessories market has witnessed a healthy growth
over the past few years owing to the upgradation
of existing grids to smart grids along with the
shift towards electricity production from
renewable resources of energy. IMARC Groups
recent report, titled Cable Accessories Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, finds that
the global cable accessories market reached a
value of US 44 Billion in 2017. Cable
accessories form an integral part of cable
networks, and include tools and devices such as
cable joints, heat shrinks, porcelain termination
and connector systems, etc. These accessories are
extensively used in establishing the transmission
and distribution network infrastructure for
telephone, electricity and internet systems. They
are designed to meet a wide array of generalist
and specific applications in industries such as
marine and offshore, solar, nuclear, mining and
railway. Over the years, expansion in the telecom
and internet networks along with rapid
urbanization and industrialization has led to an
increased demand for cable accessories worldwide.
4
Report Description and Highlights
Report Description
Global Cable Accessories Market Trends One of
the primary factors driving the growth of the
market is rising power requirements in both the
developed and developing regions of the world.
This has led to the adoption of smart grid
technology along with the replacement of existing
grid infrastructures with new transmission lines.
This is further being supported by utilization of
new cable systems with improved efficiency such
as high-voltage direct current (HVDC) cables for
long-distance and submarine applications, and
superconducting cable systems for high load
areas. Moreover, growing environmental concerns
have led to a shift towards renewable resources
of energy such as solar, tidal and wind. In line
with this, various renewable energy plants are
being set up across the globe which have created
a huge demand for durable cable accessories that
can withstand environmental extremes and high
pollution levels while offering longer operating
span. Looking forward, the market value is
projected to reach US 61 Billion by 2023,
expanding at a CAGR of 5.6 during
2018-2023. Read more here https//www.imarcgrou
p.com/cable-accessories-market
5
Report Description and Highlights
Report Description
  Want more information about
this market? Request a free report
sample https//www.imarcgroup.com/request?typere
portid848flagB
6
Report Description and Highlights
  • Global Cable Accessories Market Summary
  • On the basis of voltage, low voltage cable
    accessories dominate the market as they are
    mainly used in networks for transmitting low
    voltage electricity for household consumption.
    Low voltage cable accessories are followed by
    medium and high voltage cable accessories.
  • Based on installation, the market has been
    segregated as overhead cable accessories and
    underground cable accessories. Amongst these,
    overhead cables accessories lead the market owing
    to their cost-effectiveness and convenient
    installation.
  • On the basis of end-user, the market has been
    segmented into the infrastructure, industrial and
    renewables segments. Currently, the
    infrastructure sector enjoys the leading position
    due to rapid urbanization and growing demand for
    power transmission in the emerging nations.
  • On a geographical front, Asia Pacific represents
    the largest region, accounting for the majority
    of the total global share. This can be attributed
    to rapid industrialization and government
    mandates aimed to achieve sustainable energy
    goals. Other major regions include Europe, North
    America, Latin America, and Middle East and
    Africa.
  • The competitive landscape of the market has also
    been examined with some of the key players being
    Prysmian S.p.A., Nexans, ABB Group, Taihan
    Electric Wire Company Ltd. and NKT Group.

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Report Description and Highlights
Browse More Related Reports  Motor Repair and
Maintenance Market https//www.imarcgroup.com/mot
or-repair-maintenance-market Alternators Market
https//www.imarcgroup.com/alternator-market
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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

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