Tuesday, March 21, 2017

Electrical Accessories - UK 2016-2020 - Key Facts

  • The UK market for electrical accessories is expected to grow by 10% through to 2020.
  • Low voltage cable systems account for 60% of the overall Wiring Accessories market.
  • Circuit protection equipment is the largest product sector within the Low Voltage Circuit Protection & Switchgear market, accounting for 40% of the market, ahead of switchboards and distribution boards.
  • The outlook for low voltage cable systems is positive as the economy modestly improves, leading to growth of 12% by 2020.
  • The wiring accessories market is dominated by 5 key suppliers which together accounted for an estimated 59% of sales.

These facts have been extracted from AMA Research's report 'Electrical Accessories Market Report - UK 2016-2020 Analysis', available from www.amaresearch.co.uk or by calling 01242 235724

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