Power cables & accessories are the basic requirement for transmission and distribution of electricity from the point of generation to the point of consumption. Depending on the application, power cables are classified into four voltage categories: low voltage, medium voltage, high voltage, and extra-high voltage. Low voltage cable is an essential component for the secondary distribution of electricity at voltage range below 1 kV. Low voltage accessories are used to support cables in the distribution network. Different types of accessories are used for different types of cable installations, namely, overhead and underground installations. Such accessories include fittings and fixtures, cable terminations, cable joints, cable connectors, spacers, insulators, and guy wires, among others.
Various factors such as the increasing industrialization and urbanization, increased renewable energy production, growth in transmission and distribution network, and governmental initiatives to expand or upgrade the system are driving the global low voltage cable market. However, funding constraints and complex planning & authorization are restraining the market. Low voltage cable market is expected to grow fast in the developing regions such as Asia-Pacific, South America, and the Middle East & Africa due to the increasing industrialization and expansion in transmission and distribution network.
The report profiles leading players in the global low voltage cable market, along with their recent developments and other strategic industry activities. These players include 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).

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Scope Of Report:
The report includes Porter's Five Forces model and Value chain analysis. It also describes the competitive landscape of major market players, based on strategies, such as new product developments, mergers & acquisitions, facility expansion, agreements & collaborations, and contracts. Key developments have been identified for the major market players to determine the growth strategies implemented by them. Additionally, the study provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges in the low voltage cable market.

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Key Player Analysis:
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.

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