市場調查報告書
商品編碼
1423612
2030 年電纜及配件市場預測:按電壓、功率範圍、最終用戶和地區分類的全球分析Cables and Accessories Market Forecasts to 2030 - Global Analysis By Voltage, Power Range, End User and By Geography |
根據Stratistics MRC預測,2023年全球電纜及配件市場規模將達644億美元,預計2030年將達到1,193億美元,預測期內複合年成長率為9.2%。
電纜和配件是電氣和通訊系統中的重要組件,有助於在各種應用和行業中傳輸電力、資料和訊號。這些組件在連接設備、啟用通訊網路以及為機器和基礎設施供電方面發揮關鍵作用。
據印度電力部稱,印度政府計劃在「全民電力」計劃下,到 2019 年增加 4,800 萬千瓦的太陽能發電容量,到 2022 年增加 9,300 萬千瓦的太陽能發電容量。
加大基礎建設計劃投資
投資涵蓋廣泛的舉措,包括交通網路、公共工程擴建、智慧城市發展和工業基礎設施。隨著這些計劃的進展,對電纜和配件的需求顯著增加,以促進這些基礎設施開發中的電力傳輸、通訊和資料連接。此外,對支援這些計劃的強大而高效的電纜解決方案的需求不斷成長,創造了巨大的市場機會,推動了對各種類型電纜和配件的需求,促進了市場的成長和擴張。
原物料價格波動
銅、鋁和聚合物等基本材料的價格波動直接影響產業內的製造成本、報酬率和定價策略。原物料價格的突然急劇上升可能會擾亂製造預算、增加開支、影響競爭並限制創新和擴張的投資能力。因此,市場成長的需求正在減少。
對可再生能源的需求不斷成長
對太陽能和風能等可再生能源不斷成長的需求為電纜和配件市場提供了廣泛的機會。隨著可再生能源產業的擴張,對專為高效能源傳輸和連接而客製化的專用電纜和配件的需求不斷成長。此外,這些組件在互連太陽能板、風力發電機和能源儲存系統發揮關鍵作用,從而實現清潔能源向電網的無縫分配。滿足這一不斷成長的需求將推動可再生能源基礎設施可靠、高性能電纜和配件製造商的創新和成長前景。
灰色市場上廉價產品的可得性
灰色市場經常以低價提供仿冒品偽劣產品,從而損害了正品、經過認證的電纜和配件的市場。這些詐欺產品損害了安全性、可靠性和性能標準,並削弱了消費者對正品的信心。更便宜的替代品的出現會影響原始製造商的市場競爭力、報酬率和品牌聲譽,導致收益和市場佔有率下降。其結果是,市場需求將受到抑制。
COVID-19 的影響
COVID-19 大流行造成供應鏈中斷和製造業停工,導致生產和分銷延遲。建設計劃和工業活動的放緩進一步減少了需求。雖然遠端工作趨勢增加了對資料電纜的需求,但對商業建設相關電纜的需求卻有所下降。然而,數位基礎設施、可再生能源計劃投資的增加以及建設活動的逐步恢復支撐了市場的復甦。
預計低壓領域在預測期內將是最大的
據估計,低壓部分佔最大佔有率。低電壓是指設計用於低電壓等級(通常高達 1,000 伏特)電力傳輸的電纜。這些電纜在各種應用中都很重要,包括住宅、商業和一些需要低電壓的工業設施。這些電纜包括用於照明、家用電器、小型機械和內部電氣系統的佈線。此外,低壓電纜和配件在為日常電氣設備和系統供電方面發揮著重要作用,同時確保不同環境下的安全性和可靠性。
基礎設施領域預計在預測期內複合年成長率最高
預計基礎設施領域在預測期內將出現良好成長。開發和維護交通、公共和公共服務等關鍵基礎設施系統所需的電纜和配件。這些電纜包括輸電電纜、通訊電纜、橋樑、公路、鐵路、機場、用水和污水管理以及其他公用事業。此外,此細分市場的配件包括連接器、接線盒、導管和終端,旨在滿足基礎設施計劃的特定需求,提高對社會發展和連接至關重要的系統的可靠性,保證高連接性和高效功能。
由於中國和印度的大規模電網擴張以及不斷增加的都市化和工業化計劃,亞太地區在估計期間獲得了最大的市場佔有率。由於電力需求不斷成長,全球輸配電系統市場不斷擴大,推動了低壓電纜及配件市場的發展。加速的都市化、可再生能源計劃和技術進步正在推動這個市場,滿足能源、通訊、汽車和建築等多種行業的需求。
由於輸配電網的擴張以及智慧電網技術的採用,預計北美在預測期內將實現盈利成長。該地區(包括美國和加拿大)各行業對電力電纜、光纖和連接配件的需求龐大。此外,市場呈現出既有成熟企業也有創新新興企業的競爭形勢,推動了最尖端科技的持續進步和投資,以增強連結性和能源傳輸解決方案。
According to Stratistics MRC, the Global Cables and Accessories Market is accounted for $64.4 billion in 2023 and is expected to reach $119.3 billion by 2030 growing at a CAGR of 9.2% during the forecast period. Cables and accessories represent essential components within electrical and communication systems, facilitating the transmission of power, data, and signals across various applications and industries. These components play a crucial role in connecting devices, enabling communication networks, and powering machinery and infrastructure.
According to the Indian Ministry of Power, the Government of India plans to add 48 GW of solar power capacity by 2019 and 93 GW by 2022, under a project called Power for All.
Rising investments in infrastructure projects
The investments encompass a wide range of initiatives, such as transportation networks, utility expansions, smart city developments, and industrial infrastructure. As these projects progress, there is a substantial demand for cables and accessories to facilitate power transmission, communication, and data connectivity within these infrastructural developments. Moreover, the growing need for robust and efficient cable solutions to support these projects creates a considerable market opportunity, driving the demand for various types of cables and accessories, thereby contributing to the market's growth and expansion.
Volatility in raw material prices
Fluctuations in prices of essential materials like copper, aluminium, and polymers directly impact production costs, profit margins, and pricing strategies within the industry. Sudden spikes in raw material prices can disrupt manufacturing budgets, leading to increased expenses, affecting competitiveness, and limiting investment capacity for innovation and expansion. Thus, there is a decreasing demand for market growth.
Escalating demand for renewable energy
The escalating demand for renewable energy sources, like solar and wind power, offers a promising opportunity within the cable and accessory market. As the renewable energy sector expands, there's a heightened need for specialised cables and accessories tailored for efficient energy transmission and connectivity. Furthermore, these components play a vital role in interconnecting solar panels, wind turbines, and energy storage systems, enabling the seamless distribution of clean energy to the grid. Capitalising on this escalating demand fosters innovation and growth prospects for manufacturers offering reliable and high-performance cables and accessories for renewable energy infrastructure.
Availability of inexpensive products in grey markets
Grey markets often offer counterfeit or low-quality products at cheaper rates, undermining the market for genuine and certified cables and accessories. These illicit products compromise safety, reliability, and performance standards, eroding consumer confidence in authentic products. The availability of cheap alternatives affects market competitiveness, profit margins, and brand reputation for legitimate manufacturers, leading to revenue loss and market share decline. Thereby, it will impede market demand.
Covid-19 Impact
The COVID-19 pandemic, causing supply chain disruptions and manufacturing shutdowns, led to delays in production and distribution. The slowdown in construction projects and industrial activities further dampened demand. Remote working trends increased the need for data cables but reduced demand for commercial construction-related cables. However, increased investments in digital infrastructure, renewable energy projects, and the gradual resumption of construction activities aided market recovery.
The low voltage segment is expected to be the largest during the forecast period
The low voltage segment is estimated to hold the largest share. Low-voltage refers to cables designed for electricity transmission at lower voltage levels, typically up to 1,000 volts. These cables are crucial for various applications, like residential, commercial, and some industrial settings where lower power requirements exist. They include wiring used for lighting, appliances, small machinery, and internal electrical systems. Furthermore, low-voltage cables and accessories play a fundamental role in powering everyday electrical devices and systems while ensuring safety and reliability in diverse settings.
The infrastructure segment is expected to have the highest CAGR during the forecast period
The infrastructure segment is anticipated to have lucrative growth during the forecast period. Cables and accessories required for the development and maintenance of critical infrastructure systems like transportation, utilities, and public services. These cables encompass power transmission cables, communication cables, and wiring necessary for bridges, roads, railways, airports, and utilities such as water and wastewater management. Moreover, accessories in this segment encompass connectors, junction boxes, conduits, and terminations designed to meet the specific demands of infrastructure projects, ensuring reliable connectivity and efficient functioning of essential systems for societal development and connectivity.
Asia Pacific commanded the largest market share during the extrapolated period due to massive T&D network expansion and increasing urbanization and industrialization projects in China and India. The global market for power transmission and distribution systems is expanding due in large part to the rising demand for electricity, which in turn is propelling the market for low-voltage cables and accessories. Accelerated urbanization, renewable energy projects, and technological advancements fuel this market, catering to diverse industries such as energy, telecommunications, automotive, and construction.
North America is expected to witness profitable growth over the projection period, owing to the expansion of the transmission and distribution network and the adoption of smart grid technology. The region, including the United States and Canada, witnesses substantial demand for power cables, fibre optics, and connectivity accessories across various sectors. Furthermore, the market showcases a competitive landscape with a mix of established companies and innovative startups, fostering continuous advancements and investments in cutting-edge technologies for enhanced connectivity and energy transmission solutions.
Key players in the market
Some of the key players in the Cables And Accessories Market include ABB, NKT Cables, Nexans, General Cable, Sumitomo, Southwire, Prysmian, LS Cable, Dubai Cable, Tele-Fonika, Elsewedy, Kabelwerke, Furukawa, Eland Cables Ltd, TE Connectivity Ltd and Brugg Kabel AG.
In December 2022, NKT was awarded a turnkey cable system contract for the electrification of the North of Alvheim (NOA) and Krafla offshore fields in the North Sea's NOAKA area. More than 255 kilometers of 145kV high-voltage AC power cables will be designed, manufactured, and installed by the cable-laying vessel NKT Victoria.
In February 2022, Sumitomo Electric Industries, Ltd. was granted a Limited Notice to Proceed (LNTP) by Samsung C&T Corporation to supply a direct High-Voltage Current (HVDC) cable to Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates (UAE). The project is worth approximately USD 200 million, and system operations are planned to begin in 2025.