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GLOBAL CABLE ACCESSORIES MARKET

About the Cable Accessories Market

Cable accessories form an integral part of power cable systems; these are essential components in the power cables used in the transmission and distribution of electricity, from the point of generation to the point of consumption. Depending on the operating voltage level, power cables can be categorized as low voltage (below 1 kV), medium voltage (1 kV to 33 kV), and high voltage (above 33 kV). The cable accessories also vary in terms of technical specifications based on voltage level application.

Technavio’s analysts forecast the global cable accessories market to grow at a CAGR of 7% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global cable accessories market for 2016-2020. To estimate the market size for cable accessories, we have taken into consideration the demand for the same from the primary end-user segment in the global cable accessories market, i.e. the power utilities sector. The demand for cable accessories, including cable terminations, connector systems, and jointing kits, across all geographies is also included in the market size calculation

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cable Accessories Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Nexans
  • NKT Cables
  • Prysmian
Other prominent vendors
  • 3M
  • AFL
  • Birkett
  • Brugg
  • Cable Accessories India
  • Cembre
  • CMP
  • Denso
  • Ducab
  • Elastimold
  • Ellis Patents
  • Elsewedy Elecric
  • Ensto
  • G&W Electric
  • General Cable
  • Hawke
  • Kabelwerk Eupen
  • Pfisterer
  • Raychem RPG
  • Southwire Company
  • Suedkabel
  • Taihan
  • TE Connectivity
  • Venelec Electromech Industries
  • Yamuna Cable Accessories
Market driver
  • Rise in demand for high-temperature superconducting cables
  • For a full, detailed list, view our report
Market challenge
  • Challenges associated with cable terminations and connector systems for oil drilling industry
  • For a full, detailed list, view our report
Market trend
  • Development of smart grids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Cable Accessories Market 2016-2020

Technavio recognizes the following companies as the key players in the global cable accessories market: ABB, Nexans, NKT Cables, and Prysmian.

Other Prominent Vendors in the market are: 3M, AFL, Birkett, Brugg, Cable Accessories India, Cembre, CMP, Denso, Ducab, Elastimold, Ellis Patents, Elsewedy Electric, Ensto, G&W Electric, General Cable, Hawke, Kabelwerk Eupen, Pfisterer, Raychem RPG, Southwire Company, Suedkabel, Taihan, TE Connectivity, Venelec Electromech Industries, and Yamuna Cable Accessories.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is having a major impact on the market is the development of smart grids. Smart grids bring a convergence of analog or digital information and computer-based remote control and automation to electricity networks. Smart grid systems are being increasingly used in many countries. A smart grid refers to a power grid that delivers an economical, sustainable, and secure electricity supply by intelligently integrating the actions of all users, whether they are consumers, generators or those capable of both in an efficient manner. Smart grid systems make use of automated software, and electronic hardware, namely switches, meters, and relays that assure smooth and appropriate transmission and distribution of electricity by upgrading and controlling operational processes over a network.”

According to the report, a key growth driver is the rise in demand for high-temperature superconducting cables. A superconducting power cable system comprises hundreds of strands of superconducting wire that is wound around a copper core. A cryogenic coolant, which is usually liquid nitrogen refrigerant, operating at 77°K is used to maintain ideal operating conditions. These cables transmit and distribute electricity at voltage levels of 60-765 kV in transmission and 5-46 kV in distribution.

Further, the report states that one challenge that could restrict market growth is the problems associated with cable terminations and connector systems for oil drilling industry.



Companies Mentioned

ABB, Nexans, NKT Cables, Prysmian, 3M, AFL, Birkett, Brugg, Cable Accessories India, Cembre, CMP, Denso, Ducab, Elastimold, Ellis Patents, Elsewedy Electric, Ensto, G&W Electric, General Cable, Hawke, Kabelwerk Eupen, Pfisterer, Raychem RPG, Southwire Company, Suedkabel, Taihan, TE Connectivity, Venelec Electromech Industries, Yamuna Cable Accessories.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Cable accessories
      • Table Cable accessories and applications
      • Table Global cable accessories market: Voltage level
      • Table Global cable accessories market: Voltage level
      • Table Global cable accessories market: Geography
      • Table Global cable accessories market: Geography
  • Market landscape
    • Market size and forecast
      • Table Global cable accessories market 2015-2020 ($ billions)
      • Table Global power cables market 2015-2020 ($ billions)
      • Table Global T&D equipment market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by voltage level
    • Table Global cable accessories market: Segmentation by voltage level 2015 and 2020
    • Global LV cable accessories market
      • Table Global LV cable accessories market 2015-2020 ($ billions)
    • Global MV cable accessories market
      • Table Global MV cable accessories market 2015-2020 ($ billions)
    • Global HV cable accessories market
      • Table Global HV cable accessories market 2015-2020 ($ billions)
      • Table Global electricity transmission network 2015-2020 (millions of ckm)
      • Table Notable offshore oil and gas projects 2015 and 2016
  • Geographical segmentation
    • Table Global cable accessories market: Geographic segmentation 2015 and 2020
    • Cable accessories market in APAC
      • Table Cable accessories market in APAC 2015-2020 ($ billions)
      • Table T&D line length addition and refurbishment in APAC 2014-2035 (thousands of kilometers)
    • Cable accessories market in EMEA
      • Table Cable accessories market in EMEA 2015-2020 ($ billions)
      • Table T&D line length addition and refurbishment in EMEA 2014-2035 (thousands of kilometers)
    • Cable accessories market in the Americas
      • Table Cable accessories market in the Americas 2015-2020 ($ billions)
      • Table T&D line length addition and refurbishment in the Americas 2014-2035 (thousands of kilometers)
  • Market drivers
    • Growing popularity of offshore renewable energy
      • Table Global potential of tidal energy
      • Table Key news in tidal energy power generation
      • Table Global cumulative wind power capacity 2015-2020 (GW)
    • Rise in demand for high-temperature superconducting cables
      • Table High temperature superconducting cable structure
    • Development and testing of explosion-resistant cable terminations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Compliance with regulations and tests for cable accessories
      • Table IEC and CENELEC standards for testing high and medium voltage cable
      • Table Tests for medium and high voltage accessories
    • Challenges associated with cable terminations and connector systems for oil drilling industry
    • Cable failure arising from faults in cable terminations and joints
      • Table Service interruptions due to condition of cables and accessories
      • Table General causes of failure in cable accessories
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Technological innovations and associated challenges concerning HVDC cable joints and terminations
      • Table HVDC cable accessories: Technological challenges
    • Development of smart grids
    • Cable insulator design for polluted service environments
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors
      • Table Key vendors: Geographic presence
    • Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB cable accessories product portfolio
      • Table Key news
    • Nexans
      • Table Nexans product portfolio
      • Table Key news
    • NKT Cables
      • Table NKT Cables cable accessories product portfolio
      • Table Key news
    • Prysmian
      • Table Prysmian product portfolio
      • Table Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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