Demand Of Wire And Cables Is Expected To Rise At A CAGR Of 5.3% By 2032


(MENAFN- Ameliorate Digital Consultancy)

The global wire and cable market reached a valuation of US$ 150.02 billion in 2020. Sales of wires and cables are slated to rise at a healthy CAGR of 5.3% to reach US$ 285.05 billion by the end of 2031.

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Insights of the Wire and Cable Market, according to Fact.MR, is a specialized and in-depth analysis of the sector with a focus on the Key Trends of the Wire and Cable Market is a Service. With specific segmentation by kind, application, end use, and area, the report seeks to provide an overview. Throughout the projection period, the globe is anticipated to experience rapid growth.

A survey provides in-depth information on the key market trends boosting global sales in the wire and cable industry. The survey also provides a thorough analysis of the Wire and Cable Market's competitive landscape, identifying important competitors and evaluating the effects of their growth strategies.

Key Players

  • Prysmian Group
  • Furukawa Electric Co., Ltd.
  • Southwire Company, LLC
  • General Cable Corporation
  • Hengtong Optic-Electric Co Ltd.
  • TPC Wire & Cable Corp
  • LS Cable & System Ltd.
  • Sumitomo Electric Industries, Ltd.
  • Polycab Wires Private Limited

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Key Segments Covered in Wire and Cable Industry Research

  • by Type :
    • Low Voltage (LV) Wires and Cables
    • Medium and High Voltage (MV & HV) Wires and Cables
    • Optical Fiber Cables
  • by Material :
    • Copper Wires and Cables
    • Aluminum Wires and Cables
    • Glass Wires and Cables
    • Others
  • by End User :
    • Aerospace & Defense
    • Construction
    • IT & Telecommunications
    • Energy & Utilities
    • Oil & Gas
    • Consumer Electronics
    • Automotive
  • by Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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More Valuable Insights on Wire and Cable Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Wire and Cable Market, Sales and Demand of Wire and Cable Market, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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