LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global cable accessories market. This new report will provide an analysis of the market based on the latest trends and drivers expected to impact the market during the period 2018-2022.
The report will present an updated analysis of the market with regards to the current competitive landscape vis-à-vis the global environment. It will also provide new forecasts based on prevalent market conditions.
The upgraded research report on the global cable accessories market is an integral part of Technavio’s tools and components portfolio. Technavio’s market research reports on tools and components highlight the demand for cordless tools as a key driver for growth. Technavio's portfolio of research reports within this domain cover welding equipment, power tools, pneumatic tools, modular instruments, iron and steel casting machinery, metal cutting equipment, electric drivers, seals, and bearings.
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Global opportunities for growth
Technavio’s previous report on the global cable accessories market identified APAC as the highest revenue contributing region accounting for around 42% of the overall market revenue in 2015. The demand for electric power is high in this region due to growth in the electricity consuming sectors. The increase in private participation in the power T&D market has resulted in massive investments in the T&D networks in the region, which will augment the growth prospects for the cable accessories market.
In the previous report, a senior research analyst at Technavio stated, “The growing installation of offshore renewable energy will lead to an increase in demand for power cables and related cable accessories. Additionally, the growth in tidal energy projects is expected to create a huge demand for subsea power cables and related accessories during the forecast period.”
Technavio’s new report on the global cable accessories market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and forecast through 2022
- Emerging market trends
- Top drivers impacting growth
- Key players and competitive landscape
- Market challenges and growth opportunities
The report on the global cable accessories market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
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