Description
Global Low Voltage Cables and Accessories Market
According to CRI’s report, the global Low Voltage Cables & Accessories Market is anticipated to register a healthy CAGR of 7% during the review period. The global market growth is attributed to the rising population, fastest industrialization, urbanization, and growing infrastructure development.
The global low voltage cables and accessories market is expected to register substantial market growth during the review period owing to the highest market value of USD 98.85 billion in 2020.
Furthermore, the rising worldwide population, rising number of dense cities, and growing demand for electricity from domestic and industrial sources are expected to enhance the number of transmission & distribution (T&D) projects by power companies around the world. However, volatility in Raw Material prices and accidental electricity Losses in transmissions are expected to hinder the global market during the review period.
Market Segmentation
The global low voltage cables and accessories market is classified into installation, component, and application.
Based on the Installation segment the global market has been classified into Underground, overhead, and submarine. By component segment, the global low voltage cables & accessories market has been segmented into cable joints, cable terminations, connectors, clamps, conductors, and others.
In terms of application, the global low voltage cables & accessories market has been classified into utility, residential, commercial, and industrial. The utility segment is expected to dominate among all with a market share of 36.67% in 2020.
Regional Analysis
The Geographical analysis of the global low voltage cables and accessories market has been spread across North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America.
North America is likely to contribute to the largest market of low voltage cables and accessories owing to the increasing consumption of electricity across the region. Europe is expected to register the second largest market of global low voltage cables and accessories because of the increasing need for power supply and the rising trend to replace the current overhead distribution lines with underground cabling.
Asia-Pacific is registering the fastest growth for low voltage cables & accessories in the global market due to the raised need for energy in the region because of the rising population and growing per capita disposable income in the region.
The Middle East & Africa market is expected to register the steady market growth of the global low voltage market due to the growth of renewable energy electricity generation.
Major Players
The key players operating in the global low voltage cables & accessories market includes NKT A/S (Denmark), Ikebana Engineering Ltd. (Thailand), Elcon Megarad (Italy), TE Connectivity (Switzerland), REPL International Ltd. (UK), Hellenic Cables (Greece), Ensto (Finland), Prysmian Group (Italy), Elsewedy Electric (Egypt), 3M (US), Hitachi ABB Power Grids (Switzerland), Nexans S.A. (France), BBC Cellpack Gmbh (Germany), and Brugg Cables AG (Norway).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Global LAN Cable Market Research Report—Forecast till 2025
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1 MARKET ATTRACTIVENESS ANALYSIS 17
1.1.1 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY INSTALLATION 18
1.1.2 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY COMPONENT 19
1.1.3 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY APPLICATION 20
1.1.4 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY REGION 21
2 MARKET INTRODUCTION 22
2.1 DEFINITIONS 22
2.2 SCOPE OF THE STUDY 22
2.3 RESEARCH OBJECTIVE 22
2.4 MARKET STRUCTURE 23
2.5 KEY BUYING CRITERIA 23
3 RESEARCH METHODOLOGY 24
3.1 RESEARCH PROCESS 24
3.2 PRIMARY RESEARCH 25
3.3 SECONDARY RESEARCH 26
3.4 MARKET SIZE ESTIMATION 27
3.5 FORECAST MODEL 28
3.6 LIST OF ASSUMPTIONS 29
4 MARKET INSIGHTS 30
5 MARKET DYNAMICS 33
5.1 INTRODUCTION 33
5.2 DRIVERS 34
5.2.1 RISING DEMAND FOR ELECTRICITY 34
5.2.2 INCREASING SHARE OF RENEWABLE ENERGY AND RISE IN EXPLORATION & PRODUCTION OF OIL AND GAS 34
5.3 RESTRAINT 35
5.3.1 VOLATILITY IN RAW MATERIAL COSTS AND UNEXPECTED ELECTRICITY LOSS 35
5.4 OPPORTUNITY 35
5.4.1 GROWING DEMAND FOR INTERCOUNTRY AND INLAND POWER CONNECTIONS 35
5.5 IMPACT ANALYSIS OF COVID-19 35
5.5.1 IMPACT ON OVERALL POWER INDUSTRY 35
5.5.1.1 ECONOMIC IMPACT 36
5.5.2 IMPACT ON THE LOW VOLTAGE CABLES AND ACCESSORIES MARKET 36
5.5.3 IMPACT ON SUPPLY CHAIN OF LOW VOLTAGE CABLES AND ACCESSORIES MARKET 36
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 36
5.5.3.2 PRODUCTION SHUTDOWN 36
5.5.3.3 CASH FLOW CONSTRAINTS 37
5.5.3.4 IMPACT ON IMPORT/EXPORT 37
5.5.4 IMPACT ON THE MARKET DEMAND FOR LOW VOLTAGE CABLES AND ACCESSORIES 37
5.5.4.1 IMPACT DUE TO LOCKDOWN 37
5.5.4.2 CONSUMER SENTIMENTS 37
5.5.5 IMPACT ON PRICING OF LOW VOLTAGE CABLES AND ACCESSORIES 37
6 MARKET FACTOR ANALYSIS 38
6.1 SUPPLY CHAIN ANALYSIS 38
6.1.1 DESIGN & DEVELOPMENT 39
6.1.2 RAW MATERIAL & COMPONENT SUPPLY 39
6.1.3 MANUFACTURE & ASSEMBLY 39
6.1.4 DISTRIBUTION 39
6.1.5 END USE 39
6.2 PORTER’S FIVE FORCES MODEL 40
6.2.1 THREAT OF NEW ENTRANTS 40
6.2.2 BARGAINING POWER OF SUPPLIERS 41
6.2.3 THREAT OF SUBSTITUTES 41
6.2.4 BARGAINING POWER OF BUYERS 41
6.2.5 INTENSITY OF RIVALRY 41
7 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET,BY INSTALLATION 42
7.1 OVERVIEW 42
7.2 OVERHEAD 43
7.3 UNDERGROUND 44
7.4 SUBMARINE 44
8 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY COMPONENT 45
8.1 OVERVIEW 45
8.2 CABLE JOINTS 46
8.3 CABLE TERMINATIONS 47
8.4 CONNECTORS 47
8.5 CLAMPS 47
8.6 CONDUCTORS 47
8.7 OTHERS 47
9 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY APPLICATION 48
9.1 OVERVIEW 48
9.2 RESIDENTIAL 49
9.3 COMMERCIAL 50
9.4 INDUSTRIAL 50
9.5 UTILITY 50
10 GLOBAL LOW VOLTAGE CABLES & ACCESSORIES MARKET, BY REGION 51
10.1 OVERVIEW 51
10.2 NORTH AMERICA 52
10.2.1 US 54
10.2.2 CANADA 56
10.2.3 MEXICO 58
10.3 EUROPE 60
10.3.1 GERMANY 62
10.3.2 UK 64
10.3.3 FRANCE 66
10.3.4 ITALY 68
10.3.5 SPAIN 69
10.3.6 REST OF EUROPE 71
10.4 ASIA-PACIFIC 73
10.4.1 CHINA 76
10.4.2 JAPAN 78
10.4.3 INDIA 80
10.4.4 SOUTH KOREA 82
10.4.5 REST OF ASIA-PACIFIC 84
10.5 MIDDLE EAST & AFRICA 86
10.5.1 SAUDI ARABIA 88
10.5.2 UAE 89
10.5.3 SOUTH AFRICA 91
10.5.4 REST OF MIDDLE EAST & AFRICA 93
10.6 SOUTH AMERICA 95
10.6.1 BRAZIL 97
10.6.2 ARGENTINA 98
10.6.3 REST OF SOUTH AMERICA 100
11 COMPETITIVE LANDSCAPE 102
11.1 COMPETITIVE OVERVIEW 102
11.2 MARKET SHARE ANALYSIS, 2019 102
11.3 COMPETITOR DASHBOARD 103
11.4 COMPETITOR BENCHMARKING 104
11.5 KEY DEVELOPMENTS & GROWTH STRATEGIES 105
11.5.1 PARTNERSHIPS/JOINT VENTURES/CONTRACTS & AGREEMENTS 105
11.5.2 PRODUCT LAUNCHES/NEW PRODUCT DEVELOPMENTS 106
12 COMPANY PROFILES 107
12.1 NXT A/S 107
12.1.1 COMPANY OVERVIEW 107
12.1.2 FINANCIAL OVERVIEW 108
12.1.3 PRODUCTS OFFERED 109
12.1.4 KEY DEVELOPMENTS 109
12.1.5 SWOT ANALYSIS 110
12.1.6 KEY STRATEGIES 110
12.2 HELLENIC CABLES 111
12.2.1 COMPANY OVERVIEW 111
12.2.2 FINANCIAL OVERVIEW 112
12.2.3 PRODUCTS OFFERED 112
12.2.4 KEY DEVELOPMENTS 113
12.2.5 SWOT ANALYSIS 113
12.2.6 KEY STRATEGIES 113
12.3 ENSTO 114
12.3.1 COMPANY OVERVIEW 114
12.3.2 FINANCIAL OVERVIEW 114
12.3.3 PRODUCTS OFFERED 114
12.3.4 KEY DEVELOPMENTS 115
12.4 PRYSMIAN GROUP 116
12.4.1 COMPANY OVERVIEW 116
12.4.2 FINANCIAL OVERVIEW 117
12.4.3 PRODUCTS OFFERED 117
12.4.4 KEY DEVELOPMENTS 118
12.4.5 SWOT ANALYSIS 118
12.4.6 KEY STRATEGIES 118
12.5 ELSEWEDY ELECTRIC 119
12.5.1 COMPANY OVERVIEW 119
12.5.2 FINANCIAL OVERVIEW 119
12.5.3 PRODUCTS OFFERED 119
12.5.4 KEY DEVELOPMENTS 120
12.6 IKEBANA ENGINEERING LTD. 121
12.6.1 COMPANY OVERVIEW 121
12.6.2 FINANCIAL OVERVIEW 121
12.6.3 PRODUCTS OFFERED 121
12.6.4 KEY DEVELOPMENTS 121
12.7 RAYCHEM RPG 122
12.7.1 COMPANY OVERVIEW 122
12.7.2 FINANCIAL OVERVIEW 122
12.7.3 PRODUCTS OFFERED 122
12.7.4 KEY DEVELOPMENTS 122
12.8 ELCON MEGARAD 123
12.8.1 COMPANY OVERVIEW 123
12.8.2 FINANCIAL OVERVIEW 123
12.8.3 PRODUCTS OFFERED 123
12.8.4 KEY DEVELOPMENTS 123
12.9 TE CONNECTIVITY 124
12.9.1 COMPANY OVERVIEW 124
12.9.2 FINANCIAL OVERVIEW 125
12.9.3 PRODUCTS OFFERED 125
12.9.4 KEY DEVELOPMENTS 126
12.9.5 SWOT ANALYSIS 126
12.9.6 KEY STRATEGIES 126
12.10 REPL INTERNATIONAL LTD. 127
12.10.1 COMPANY OVERVIEW 127
12.10.2 FINANCIAL OVERVIEW 127
12.10.3 PRODUCTS OFFERED 127
12.10.4 KEY DEVELOPMENTS 127
12.11 3M 128
12.11.1 COMPANY OVERVIEW 128
12.11.2 FINANCIAL OVERVIEW 129
12.11.3 PRODUCTS OFFERED 129
12.11.4 KEY DEVELOPMENTS 130
12.11.5 SWOT ANALYSIS 130
12.11.6 KEY STRATEGIES 130
12.12 HITACHI ABB POWER GRIDS 131
12.12.1 COMPANY OVERVIEW 131
12.12.2 FINANCIAL OVERVIEW 132
12.12.3 PRODUCTS OFFERED 133
12.12.4 KEY DEVELOPMENTS 133
12.12.5 SWOT ANALYSIS 134
12.12.6 KEY STRATEGIES 134
12.13 NEXANS 135
12.13.1 COMPANY OVERVIEW 135
12.13.2 FINANCIAL OVERVIEW 136
12.13.3 PRODUCTS OFFERED 136
12.13.4 KEY DEVELOPMENTS 137
12.13.5 SWOT ANALYSIS 137
12.13.6 KEY STRATEGIES 137
12.14 BBC CELLPACK GMBH 138
12.14.1 COMPANY OVERVIEW 138
12.14.2 FINANCIAL OVERVIEW 138
12.14.3 PRODUCTS OFFERED 138
12.14.4 KEY DEVELOPMENTS 139
12.15 BRUGG CABLES AG 140
12.15.1 COMPANY OVERVIEW 140
12.15.2 FINANCIAL OVERVIEW 140
12.15.3 PRODUCTS OFFERED 140
12.15.4 KEY DEVELOPMENTS 140
