The Low Voltage Cables & Accessories Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Low Voltage Cables & Accessories Market?
The Low Voltage Cables & Accessories Global Market Report 2025 shows a robust growth trend. The market size increased from $165.73 billion in 2024 to $175.53 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Low Voltage Cables & Accessories Industry?
The Low Voltage Cables & Accessories Global Market is expected to reach a size of $229.33 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.9%.
Download Your Free Sample of the 2025 Low Voltage Cables & Accessories Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Low Voltage Cables & Accessories Market?
The key drivers in the low voltage cables & accessories market are:
• Increasing electric vehicle charging infrastructure
• Rise in initiatives for smart cities
• Growth in decentralized energy generation
• Expansion of e-commerce sector
• Emphasis on environmental sustainability
Global Market Segmentation: Identifying Major Low Voltage Cables & Accessories Industry Segments
The low voltage cables & accessories market covered in this report is segmented –
1) By Product: Overhead Products, Underground Products
2) By Voltage: Up to 240V, 241V – 440V, 441V – 1000V
3) By Material: Copper, Aluminum
4) By End-User: Commercial, Residential, Industrial
Pre-order the 2025 Low Voltage Cables & Accessories Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Low Voltage Cables & Accessories Market?
The key trends in the allergy immunotherapy market are:
• The expansion of 5G networks is becoming a noteworthy trend in the market.
• Digitalization and automation are increasingly impacting the future of the market.
• Expansion of data centers is a significant emergent trend.
• Modernization of infrastructure and energy storage solutions are key upcoming trends shaping the market.
Who Are the Top Competitors & Leading Players in the Low Voltage Cables & Accessories Market?
Major companies in the low voltage cables & accessories market are:
• Prysmian S.P.A.
• Nexans S.A.
• Sumitomo Electric Industries Ltd.
• NKT Cables Group GmbH
• ABB Ltd.
• Encore Wire Corporation
• Finolex Cables Limited
• Polycab Wires Pvt. Ltd.
• Riyadh Cables Group Company
• Hellenic Cables Holdings S.A.
• Ensto UK Ltd.
• Elsewedy Electric Co. S.A.E.
• Ikebana Engineering Ltd.
• Raychem Rpg(P) Ltd.
• Alcon Megarad Inc.
• Te Connectivity Ltd.
• Repl International Ltd.
• 3M Company
• Hitachi Energy Ltd.
• BBC Cellpack GmbH
• Southwire Company LLC
• LS Cable & System Ltd.
• Furukawa Electric Co. Ltd.
• Leoni AG
• KEI Industries Limited
• Belden Inc.
• Lapp Group
• Caledonian Cables Ltd.
• Tratos Ltd.
Regional Dominance: Which Area Leads the Global Low Voltage Cables & Accessories Market?
Asia-Pacific was the largest region in the low voltage cables & accessories market share in 2024, and it is also expected to be the fastest-growing region in the forecast period
