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Industry Research
Cable Assembly AC Power Industry Research Report 2026
Market perspective
The global Cable Assembly AC Power market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Cable Assembly AC Power is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Cable Assembly AC Power is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Cable Assembly AC Power is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Cable Assembly AC Power include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Cable Assembly AC Power market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Cable Assembly AC Power.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Cable Assembly AC Power Market by Company
Assmann WSW Components
Power Conversion
Quatek Electronics
Samtec
Marino
TE Connectivity
Tensility international
Tripp Lite
Volex
Molex
Advantech
ABB Installation Products. Inc
Adafruit Industries
ADAM TECH
Alpha Wire American
Amphenol
Ancor Marine Grade
API Technologies Corp
Aptiv
Artesyn Embedded Technologies
Belden
CnC Tech, LLC
CUI Devices
DataPro International
Delta Electronics
Cable Assembly AC Power Segment by Type
Crimp
Crimp to Crimp
Solder
Other
Cable Assembly AC Power Segment by Application
Below 120VAC
120-320 VAC
Above 320 VAC
Cable Assembly AC Power Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cable Assembly AC Power market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cable Assembly AC Power and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cable Assembly AC Power.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Cable Assembly AC Power manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Cable Assembly AC Power by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Cable Assembly AC Power in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Crimp
- Crimp to Crimp
- Solder
- Other
Applications
- Below 120VAC
- 120-320 VAC
- Above 320 VAC
Companies covered
- Assmann WSW Components
- Power Conversion
- Quatek Electronics
- Samtec
- Marino
- TE Connectivity
- Tensility international
- Tripp Lite
- Volex
- Molex
- Advantech
- ABB Installation Products. Inc
- Adafruit Industries
- ADAM TECH
- Alpha Wire American
- Amphenol
- Ancor Marine Grade
- API Technologies Corp
- Aptiv
- Artesyn Embedded Technologies
- Belden
- CnC Tech, LLC
- CUI Devices
- DataPro International
- Delta Electronics
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Cable Assembly AC Power by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Crimp
- 2.2.3 Crimp to Crimp
- 2.2.4 Solder
- 2.2.5 Other
- 2.3 Cable Assembly AC Power by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Below 120VAC
- 2.3.3 120-320 VAC
- 2.3.4 Above 320 VAC
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Cable Assembly AC Power Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Cable Assembly AC Power Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Cable Assembly AC Power Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Cable Assembly AC Power Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Cable Assembly AC Power Production by Manufacturers (2021-2026)
- 3.2 Global Cable Assembly AC Power Production Value by Manufacturers (2021-2026)
- 3.3 Global Cable Assembly AC Power Average Price by Manufacturers (2021-2026)
- 3.4 Global Cable Assembly AC Power Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Cable Assembly AC Power Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Cable Assembly AC Power Manufacturers, Product Type & Application
- 3.7 Global Cable Assembly AC Power Manufacturers Established Date
- 3.8 Global Cable Assembly AC Power Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Assmann WSW Components
- 4.1.1 Assmann WSW Components Cable Assembly AC Power Company Information
- 4.1.2 Assmann WSW Components Cable Assembly AC Power Business Overview
- 4.1.3 Assmann WSW Components Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.1.4 Assmann WSW Components Product Portfolio
- 4.1.5 Assmann WSW Components Recent Developments
- 4.2 Power Conversion
- 4.2.1 Power Conversion Cable Assembly AC Power Company Information
- 4.2.2 Power Conversion Cable Assembly AC Power Business Overview
- 4.2.3 Power Conversion Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.2.4 Power Conversion Product Portfolio
- 4.2.5 Power Conversion Recent Developments
- 4.3 Quatek Electronics
- 4.3.1 Quatek Electronics Cable Assembly AC Power Company Information
- 4.3.2 Quatek Electronics Cable Assembly AC Power Business Overview
- 4.3.3 Quatek Electronics Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.3.4 Quatek Electronics Product Portfolio
- 4.3.5 Quatek Electronics Recent Developments
- 4.4 Samtec
- 4.4.1 Samtec Cable Assembly AC Power Company Information
- 4.4.2 Samtec Cable Assembly AC Power Business Overview
- 4.4.3 Samtec Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.4.4 Samtec Product Portfolio
- 4.4.5 Samtec Recent Developments
- 4.5 Marino
- 4.5.1 Marino Cable Assembly AC Power Company Information
- 4.5.2 Marino Cable Assembly AC Power Business Overview
- 4.5.3 Marino Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.5.4 Marino Product Portfolio
- 4.5.5 Marino Recent Developments
- 4.6 TE Connectivity
- 4.6.1 TE Connectivity Cable Assembly AC Power Company Information
- 4.6.2 TE Connectivity Cable Assembly AC Power Business Overview
- 4.6.3 TE Connectivity Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.6.4 TE Connectivity Product Portfolio
- 4.6.5 TE Connectivity Recent Developments
- 4.7 Tensility international
- 4.7.1 Tensility international Cable Assembly AC Power Company Information
- 4.7.2 Tensility international Cable Assembly AC Power Business Overview
- 4.7.3 Tensility international Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.7.4 Tensility international Product Portfolio
- 4.7.5 Tensility international Recent Developments
- 4.8 Tripp Lite
- 4.8.1 Tripp Lite Cable Assembly AC Power Company Information
- 4.8.2 Tripp Lite Cable Assembly AC Power Business Overview
- 4.8.3 Tripp Lite Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.8.4 Tripp Lite Product Portfolio
- 4.8.5 Tripp Lite Recent Developments
- 4.9 Volex
- 4.9.1 Volex Cable Assembly AC Power Company Information
- 4.9.2 Volex Cable Assembly AC Power Business Overview
- 4.9.3 Volex Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.9.4 Volex Product Portfolio
- 4.9.5 Volex Recent Developments
- 4.10 Molex
- 4.10.1 Molex Cable Assembly AC Power Company Information
- 4.10.2 Molex Cable Assembly AC Power Business Overview
- 4.10.3 Molex Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.10.4 Molex Product Portfolio
- 4.10.5 Molex Recent Developments
- 4.11 Advantech
- 4.11.1 Advantech Cable Assembly AC Power Company Information
- 4.11.2 Advantech Cable Assembly AC Power Business Overview
- 4.11.3 Advantech Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.11.4 Advantech Product Portfolio
- 4.11.5 Advantech Recent Developments
- 4.12 ABB Installation Products. Inc
- 4.12.1 ABB Installation Products. Inc Cable Assembly AC Power Company Information
- 4.12.2 ABB Installation Products. Inc Cable Assembly AC Power Business Overview
- 4.12.3 ABB Installation Products. Inc Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.12.4 ABB Installation Products. Inc Product Portfolio
- 4.12.5 ABB Installation Products. Inc Recent Developments
- 4.13 Adafruit Industries
- 4.13.1 Adafruit Industries Cable Assembly AC Power Company Information
- 4.13.2 Adafruit Industries Cable Assembly AC Power Business Overview
- 4.13.3 Adafruit Industries Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.13.4 Adafruit Industries Product Portfolio
- 4.13.5 Adafruit Industries Recent Developments
- 4.14 ADAM TECH
- 4.14.1 ADAM TECH Cable Assembly AC Power Company Information
- 4.14.2 ADAM TECH Cable Assembly AC Power Business Overview
- 4.14.3 ADAM TECH Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.14.4 ADAM TECH Product Portfolio
- 4.14.5 ADAM TECH Recent Developments
- 4.15 Alpha Wire American
- 4.15.1 Alpha Wire American Cable Assembly AC Power Company Information
- 4.15.2 Alpha Wire American Cable Assembly AC Power Business Overview
- 4.15.3 Alpha Wire American Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.15.4 Alpha Wire American Product Portfolio
- 4.15.5 Alpha Wire American Recent Developments
- 4.16 Amphenol
- 4.16.1 Amphenol Cable Assembly AC Power Company Information
- 4.16.2 Amphenol Cable Assembly AC Power Business Overview
- 4.16.3 Amphenol Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.16.4 Amphenol Product Portfolio
- 4.16.5 Amphenol Recent Developments
- 4.17 Ancor Marine Grade
- 4.17.1 Ancor Marine Grade Cable Assembly AC Power Company Information
- 4.17.2 Ancor Marine Grade Cable Assembly AC Power Business Overview
- 4.17.3 Ancor Marine Grade Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.17.4 Ancor Marine Grade Product Portfolio
- 4.17.5 Ancor Marine Grade Recent Developments
- 4.18 API Technologies Corp
- 4.18.1 API Technologies Corp Cable Assembly AC Power Company Information
- 4.18.2 API Technologies Corp Cable Assembly AC Power Business Overview
- 4.18.3 API Technologies Corp Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.18.4 API Technologies Corp Product Portfolio
- 4.18.5 API Technologies Corp Recent Developments
- 4.19 Aptiv
- 4.19.1 Aptiv Cable Assembly AC Power Company Information
- 4.19.2 Aptiv Cable Assembly AC Power Business Overview
- 4.19.3 Aptiv Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.19.4 Aptiv Product Portfolio
- 4.19.5 Aptiv Recent Developments
- 4.20 Artesyn Embedded Technologies
- 4.20.1 Artesyn Embedded Technologies Cable Assembly AC Power Company Information
- 4.20.2 Artesyn Embedded Technologies Cable Assembly AC Power Business Overview
- 4.20.3 Artesyn Embedded Technologies Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.20.4 Artesyn Embedded Technologies Product Portfolio
- 4.20.5 Artesyn Embedded Technologies Recent Developments
- 4.21 Belden
- 4.21.1 Belden Cable Assembly AC Power Company Information
- 4.21.2 Belden Cable Assembly AC Power Business Overview
- 4.21.3 Belden Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.21.4 Belden Product Portfolio
- 4.21.5 Belden Recent Developments
- 4.22 CnC Tech, LLC
- 4.22.1 CnC Tech, LLC Cable Assembly AC Power Company Information
- 4.22.2 CnC Tech, LLC Cable Assembly AC Power Business Overview
- 4.22.3 CnC Tech, LLC Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.22.4 CnC Tech, LLC Product Portfolio
- 4.22.5 CnC Tech, LLC Recent Developments
- 4.23 CUI Devices
- 4.23.1 CUI Devices Cable Assembly AC Power Company Information
- 4.23.2 CUI Devices Cable Assembly AC Power Business Overview
- 4.23.3 CUI Devices Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.23.4 CUI Devices Product Portfolio
- 4.23.5 CUI Devices Recent Developments
- 4.24 DataPro International
- 4.24.1 DataPro International Cable Assembly AC Power Company Information
- 4.24.2 DataPro International Cable Assembly AC Power Business Overview
- 4.24.3 DataPro International Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.24.4 DataPro International Product Portfolio
- 4.24.5 DataPro International Recent Developments
- 4.25 Delta Electronics
- 4.25.1 Delta Electronics Cable Assembly AC Power Company Information
- 4.25.2 Delta Electronics Cable Assembly AC Power Business Overview
- 4.25.3 Delta Electronics Cable Assembly AC Power Production, Value and Gross Margin (2021-2026)
- 4.25.4 Delta Electronics Product Portfolio
- 4.25.5 Delta Electronics Recent Developments
5 Global Cable Assembly AC Power Production by Region
- 5.1 Global Cable Assembly AC Power Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Cable Assembly AC Power Production by Region: 2021-2032
- 5.2.1 Global Cable Assembly AC Power Production by Region: 2021-2026
- 5.2.2 Global Cable Assembly AC Power Production Forecast by Region (2027-2032)
- 5.3 Global Cable Assembly AC Power Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Cable Assembly AC Power Production Value by Region: 2021-2032
- 5.4.1 Global Cable Assembly AC Power Production Value by Region: 2021-2026
- 5.4.2 Global Cable Assembly AC Power Production Value Forecast by Region (2027-2032)
- 5.5 Global Cable Assembly AC Power Market Price Analysis by Region (2021-2026)
- 5.6 Global Cable Assembly AC Power Production and Value, YOY Growth
- 5.6.1 North America Cable Assembly AC Power Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Cable Assembly AC Power Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Cable Assembly AC Power Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Cable Assembly AC Power Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea Cable Assembly AC Power Production Value Estimates and Forecasts (2021-2032)
6 Global Cable Assembly AC Power Consumption by Region
- 6.1 Global Cable Assembly AC Power Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Cable Assembly AC Power Consumption by Region (2021-2032)
- 6.2.1 Global Cable Assembly AC Power Consumption by Region: 2021-2026
- 6.2.2 Global Cable Assembly AC Power Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Cable Assembly AC Power Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Cable Assembly AC Power Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Cable Assembly AC Power Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Cable Assembly AC Power Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Cable Assembly AC Power Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Cable Assembly AC Power Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Cable Assembly AC Power Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Cable Assembly AC Power Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Cable Assembly AC Power Production by Type (2021-2032)
- 7.1.1 Global Cable Assembly AC Power Production by Type (2021-2032) & (k units)
- 7.1.2 Global Cable Assembly AC Power Production Market Share by Type (2021-2032)
- 7.2 Global Cable Assembly AC Power Production Value by Type (2021-2032)
- 7.2.1 Global Cable Assembly AC Power Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Cable Assembly AC Power Production Value Market Share by Type (2021-2032)
- 7.3 Global Cable Assembly AC Power Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Cable Assembly AC Power Production by Application (2021-2032)
- 8.1.1 Global Cable Assembly AC Power Production by Application (2021-2032) & (k units)
- 8.1.2 Global Cable Assembly AC Power Production Market Share by Application (2021-2032)
- 8.2 Global Cable Assembly AC Power Production Value by Application (2021-2032)
- 8.2.1 Global Cable Assembly AC Power Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Cable Assembly AC Power Production Value Market Share by Application (2021-2032)
- 8.3 Global Cable Assembly AC Power Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Cable Assembly AC Power Value Chain Analysis
- 9.1.1 Cable Assembly AC Power Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Cable Assembly AC Power Production Mode & Process
- 9.2 Cable Assembly AC Power Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Cable Assembly AC Power Distributors
- 9.2.3 Cable Assembly AC Power Customers
10 Global Cable Assembly AC Power Analyzing Market Dynamics
- 10.1 Cable Assembly AC Power Industry Trends
- 10.2 Cable Assembly AC Power Industry Drivers
- 10.3 Cable Assembly AC Power Industry Opportunities and Challenges
- 10.4 Cable Assembly AC Power Industry Restraints
11 Report Conclusion
12 Disclaimer
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