Cable Market | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The Global cable market is expected to grow by $ 88.49 bn, accelerating at a CAGR of  7.10% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Cable Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The Cable Market is segmented by End-user (telecommunication, power transmission, construction, refineries and oil rigs, and others) and Geography (APAC, Europe, North America, South America, and MEA).
• 57% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Cable Market size.

Cable Market: Trends, Drivers, Challenges to impact growth

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Increase in renewable energy generation will be a significant factor in driving the growth of the Cable Market.
• Government initiatives to expand or upgrade transmission and distribution systems will be instrumental in driving the market growth during the forecast period.
• Complex planning and authorization procedures leading to delays is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Cable Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Belden Inc., Fujikura Ltd., Furukawa Electric Co. Ltd., Leoni AG, LS Cable and System Ltd., Nexans SA, NKT AS, Prysmian Spa, Southwire Co. LLC, and Sumitomo Corp. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 7.10%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 88.49 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Increase in renewable energy generation will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   57% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Belden Inc., Fujikura Ltd., Furukawa Electric Co. Ltd., Leoni AG, LS Cable and System Ltd., Nexans SA, NKT AS, Prysmian Spa, Southwire Co. LLC, and Sumitomo Corp.
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (telecommunication, power transmission, construction, refineries and oil rigs, and others) and Geography (APAC, Europe, North America, South America, and MEA)