GCC Cable Accessories Market Overview:
The GCC cable accessories market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Cable accessories are essential components and equipment for connecting cables and insulating conductors. It includes terminations, joints, splices, connectors, end caps, cable lugs, and breakouts. Cable accessories are widely used to connect, seal, and insulate different cables. They are also utilized for establishing the transmission and distribution network (T&D) for electricity, telephone, and internet systems. Cable accessories offer additional strength, improve durability, and enhance service life. In addition, they protect cables from the degradation and corrosion caused by environmental stress, climatic conditions, ultraviolet (UV) light, and long-term deterioration. As a result, cable accessories find extensive applications across the electrical transmission, power generation, construction, manufacturing, railways, and shipping industries.
A significant increase in power consumption is one of the key factors driving the growth of the market in the GCC region. Cable accessories are widely employed to install new transmission lines due to increasing power generation capacity and rising energy consumption. Additionally, the rising adoption of cable accessories in residential, commercial, and industrial settings to provide reliable connections between energy cables and ensure the long service life of cable networks is creating a positive outlook for the market. Moreover, the rapid upgradation of existing grid systems by replacing conventional grids with smart grid infrastructure is acting as another growth-inducing factor. Apart from this, rising product demand due to increasing investments by regional governments in renewable electricity projects, such as wind, solar, waste-to-energy, and geothermal power plants, is positively influencing the market growth. Furthermore, the widespread product utilization to establish high-speed communication networks and facilitate the increasing demand for reliable internet service is providing an impetus to the market growth. Other factors, including increasing demand for green energy sources, rapid establishment of airports, transportation, shipping, railways, hotels, and healthcare facilities, and increasing product utilization in the manufacturing industry, are anticipated to drive the market growth.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC cable accessories market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC cable accessories market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC cable accessories market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC cable accessories market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC cable accessories market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC cable accessories market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC cable accessories market industry. Furthermore, the value chain analysis of the GCC cable accessories market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC Cable Accessories Market Segment Insights:
The GCC cable accessories market has been analysed as followed:
By Voltage:
By Installation:
By End User:
By Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Highlights of the GCC Cable Accessories Market Report:
Report Customisation:
The GCC cable accessories market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 GCC Cable Accessories Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Voltage
6.1 Low Voltage Cable Accessories
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Medium Voltage Cable Accessories
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 High Voltage Cable Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Installation
7.1 Overhead Cable Accessories
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Underground Accessories
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Industrial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Renewables
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Country
9.1 Saudi Arabia
9.1.1 Market Trends
9.1.2 Market Breakup by Voltage
9.1.3 Market Breakup by Installation
9.1.4 Market Breakup by End User
9.1.5 Market Forecast
9.2 UAE
9.2.1 Market Trends
9.2.2 Market Breakup by Voltage
9.2.3 Market Breakup by Installation
9.2.4 Market Breakup by End User
9.2.5 Market Forecast
9.3 Qatar
9.3.1 Market Trends
9.3.2 Market Breakup by Voltage
9.3.3 Market Breakup by Installation
9.3.4 Market Breakup by End User
9.3.5 Market Forecast
9.4 Oman
9.4.1 Market Trends
9.4.2 Market Breakup by Voltage
9.4.3 Market Breakup by Installation
9.4.4 Market Breakup by End User
9.4.5 Market Forecast
9.5 Kuwait
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Bahrain
9.6.1 Market Trends
9.6.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Policy and Regulatory Landscape
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: GCC: Cable Accessories Market: Major Drivers and Challenges
Figure 2: GCC: Cable Accessories Market: Sales Value (in Billion US$), 2017-2022
Figure 3: GCC: Cable Accessories Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: GCC: Cable Accessories Market: Breakup by Voltage (in %), 2022
Figure 5: GCC: Cable Accessories Market: Breakup by Installation (in %), 2022
Figure 6: GCC: Cable Accessories Market: Breakup by End User (in %), 2022
Figure 7: GCC: Cable Accessories Market: Breakup by Country (in %), 2022
Figure 8: GCC: Cable Accessories (Low Voltage Cable Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: GCC: Cable Accessories (Low Voltage Cable Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: GCC: Cable Accessories (Medium Voltage Cable Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: GCC: Cable Accessories (Medium Voltage Cable Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: GCC: Cable Accessories (High Voltage Cable Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: GCC: Cable Accessories (High Voltage Cable Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: GCC: Cable Accessories (Overhead Cable Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: GCC: Cable Accessories (Overhead Cable Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: GCC: Cable Accessories (Underground Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: GCC: Cable Accessories (Underground Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: GCC: Cable Accessories (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: GCC: Cable Accessories (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: GCC: Cable Accessories (Renewables) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: GCC: Cable Accessories (Renewables) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Saudi Arabia: Cable Accessories Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Saudi Arabia: Cable Accessories Market: Breakup by Voltage (in %), 2022
Figure 24: Saudi Arabia: Cable Accessories Market: Breakup by Installation (in %), 2022
Figure 25: Saudi Arabia: Cable Accessories Market: Breakup by End User (in %), 2022
Figure 26: Saudi Arabia: Cable Accessories Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: UAE: Cable Accessories Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: UAE: Cable Accessories Market: Breakup by Voltage (in %), 2022
Figure 29: UAE: Cable Accessories Market: Breakup by Installation (in %), 2022
Figure 30: UAE: Cable Accessories Market: Breakup by End User (in %), 2022
Figure 31: UAE: Cable Accessories Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Qatar: Cable Accessories Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Qatar: Cable Accessories Market: Breakup by Voltage (in %), 2022
Figure 34: Qatar: Cable Accessories Market: Breakup by Installation (in %), 2022
Figure 35: Qatar: Cable Accessories Market: Breakup by End User (in %), 2022
Figure 36: Qatar: Cable Accessories Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Oman: Cable Accessories Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Oman: Cable Accessories Market: Breakup by Voltage (in %), 2022
Figure 39: Oman: Cable Accessories Market: Breakup by Installation (in %), 2022
Figure 40: Oman: Cable Accessories Market: Breakup by End User (in %), 2022
Figure 41: Oman: Cable Accessories Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Kuwait: Cable Accessories Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Kuwait: Cable Accessories Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Bahrain: Cable Accessories Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Bahrain: Cable Accessories Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: GCC: Cable Accessories Industry: SWOT Analysis
Figure 47: GCC: Cable Accessories Industry: Value Chain Analysis
Figure 48: GCC: Cable Accessories Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Cable Accessories Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Cable Accessories Market Forecast: Breakup by Voltage (in Million US$), 2023-2028
Table 3: GCC: Cable Accessories Market Forecast: Breakup by Installation (in Million US$), 2023-2028
Table 4: GCC: Cable Accessories Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: GCC: Cable Accessories Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 6: GCC: Cable Accessories Market: Competitive Structure
Table 7: GCC: Cable Accessories Market: Key Players
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