Insulated Cables Global Market Report 2020: Covid 19 Impact And Recovery
Insulated Cables Market report provides the strategists, marketers and senior management with the critical information they need to assess the global Insulated Cables market as it emerges from the Covid 19 shut down.
The global insulated cables market was worth $158.45 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 5.88% and reach $199.16 billion by 2023.
Top Leading Companies mentioned are:
Southwire, General Cable, 3M, ABL Electronic Supplies, Inc., AFC Cable Systems, Amphenol Corp, Asia Pacific Wire, and Cable Corporation Limited, Belden, Inc., Cable USA and LS Corporation.
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Increased use of insulated cables and wires in the automotive sector will enhance the growth of the insulated cables market. Insulated wires are used to handle unique stress during the manufacturing process in the automotive industry and are also used to connect car batteries with other components. The heavy demand for insulted wires in the automotive industry is supported by the wide range of insulting wires offered by the manufacturers in the insulated cables market. According to the European Automobile Manufacturers Association (ACEA), as of 2019, there were a total of 98.1 million units of motor vehicles along with 79.3 million units of passenger cars produced in the world. Therefore, the increasing use of insulated cables and wires in the automotive sector is driving the market.
In June 2018, Prysmian Group, an Italian based electric power transmission, and telecom cables and systems manufacturer, acquired General Cable Corporation for $30 per share in cash. The acquisition of General Cable Corporation was aimed to strengthen the Prysmian Group in the business of cables and wires. General Cable Corporation, is a USA-based company manufacturer of cables and wires with manufacturing facilities in core geographical markets and sales distribution worldwide.
This report provides a detailed analysis of the Insulated Cables market with a description of market sizing and growth, segmentation of the market by products & services and major markets, top market players, etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
By Product Type: Copper; Aluminum; Fiber Optic; Others
By Application: Electrical Equipment; Construction; Telecommunications; Motor Vehicles; Industrial Machinery
Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Insulated Cables Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Geographically, this report is segmented into several key Regions, with sales, revenue, Market Share (%) and Growth Rate (%) of Insulated Cables in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Furthermore, the report provides a detailed analysis of the global Insulated Cables market with an analysis of market size by value and volume. Along with this, an analysis of the penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Insulated Cables market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
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Research uses a bottom-up approach to assess the overall size of the market. Data from different industries and end-user industries and their applications across different product types are recorded and forecast during the forecast period. These segments and sub-segments are documented by industry experts and experts, as well as company representatives, and by analyzing data from these segments and sub-segments over the last few years, externally verified to gain market size.
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1-Free country level analysis for any 5 countries of your choice
2- Free Competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points.
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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.