Global low voltage cable & accessories market was valued at USD 99.2 Billion in 2014. It is projected to grow at a CAGR of 7.0% from 2015 to 2020. The increasing spending on transmission and distribution network, growing industrialization and urbanization, and shift in focus towards renewable energy production are some of the key drivers of this market.

Transmission & distribution (T&D) network is expanding globally on account of increase in power generation to satisfy the growing demand for electricity. Power cables & accessories are vital components for T&D network and will also grow in sync with the growth in T&D network. Low voltage cables & accessories market is expected to grow faster in developing countries where the T&D industry is in the growth stage. Moreover in the developed countries of Europe and North America the market will grow due to upgrade of their existing T&D network.

The global low voltage cable market has been segmented based on installation into overhead and underground. The market has been further segmented; overhead products into conductors, fittings & fixtures, and others, where others include spacers, insulators, connectors, overhead ground wires, and guy wires; and underground products into PVC cables, XLPE cables, cable terminations, cable joints, and others, where others include EPR cable, cable connectors, cable glands, cleats & cable fixings, and cabinets.

Major end-users covered into this report are infrastructure, industrial and renewables. The regions considered in this report are Asia-Pacific, North America, Europe, Latin America, and Middle East & Africa. Information regarding the key countries in each region, such as the U.S., Canada, Mexico, Brazil, Argentina, China, India, Japan, Australia, Germany, the U.K., Russia, Denmark, South Africa, Saudi Arabia, Kuwait, and the UAE, among others has also been included in this report.

The method of installation for low voltage cable & accessories are broadly classified into overhead and underground. There is a varied trend in the preference of installation type across the globe. In developed regions, such as Europe and North America, underground cables are more preferred than overhead lines while in the developing region, such as Asia-Pacific, Latin America, and the Middle East & Africa overhead lines are more preferred.

This report offers a detailed analysis of key companies and a competitive analysis of developments recorded in the industry in the past four years. Market drivers, restraints, opportunities, and challenges have been discussed in detail. Leading players in the market, such as Prysmian S.P.A (Italy), Nexans S.A. (France), General Cable Corporation (U.S.), Sumitomo Electric Industries (Japan), NKT Cables Group GmbH (Germany), ABB Ltd. (Switzerland), Encore Wire Corporation (U.S.), Finolex Cables Limited (India), and Polycab Wires Pvt. Ltd. (India) have been profiled in this report.