According to the latest report by IMARC Group, titled, “United States Cable Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the market to continue its moderate growth during the forecast period (2021-2026).
Cable accessories are a crucial part of power cable networks that facilitate the connection between cables and insulating conductors directly in contact with the earth. These accessories establish transmission and distribution (T&D) networks, which are utilized in the electricity, telephone, and internet systems. In the United States, the rising adoption of smart grid technology and the growing construction of new housing complexes and buildings have increased the demand for cable accessories.
The United States cable accessories market is primarily driven by the various initiatives taken by the government for upgrading the existing grid infrastructure using new transmission lines. Besides this, the introduction of improved and durable products has increased the demand for cable accessories that are compact, reliable and can withstand electric stress. Moreover, cable accessories protect the cables from the erosion caused by ultraviolet (UV) light and environmental extremes. Consequently, they are widely utilized by end users for both underground and overhead installations. Furthermore, the rising demand for high-speed internet connectivity is also providing a significant impact on the market growth.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For more information about this report visit: https://www.imarcgroup.com/united-states-cable-accessories-market
United States Cable Accessories Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis of Voltage, Installation, End User and Region.
Breakup by Voltage:
Low Voltage Cable Accessories
Medium Voltage Cable Accessories
High Voltage Cable Accessories
Breakup by Installation:
Overhead Cable Accessories
Underground Accessories
Breakup by End User:
Industrial
Renewables
Breakup by Region:
Northeast
Midwest
South
West
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