Wires And Cables Global Market Report 2021


Posted March 7, 2021 by Kavita

Global Wires And Cables Market Report 2021: COVID 19 Impact and Recovery to 2030 from provides the strategists
 
Bharat Book Bureau Provides the Trending Market Research Report on “Wires And Cables Global Market Report 2021” under Consumer Goods Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Wires And Cables Market Report 2021: COVID 19 Impact and Recovery to 2030 from provides the strategists, marketers and senior management with the critical information they need to assess the global wires and cables market as it emerges from the Covid 19 shut down.



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• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.



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Reasons to Purchase



• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.

• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

• Create regional and country strategies on the basis of local data and analysis.

• Identify growth segments for investment.

• Outperform competitors using forecast data and the drivers and trends shaping the market.

• Understand customers based on the latest market research findings.

• Benchmark performance against key competitors.

• Utilize the relationships between key data sets for superior strategizing.

• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

• Report will be updated with the latest data and delivered to you within 3-5 working days of order.



Description:



Where is the largest and fastest growing market for the wires and cables? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Wires And Cables market global report from answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider wires and cables market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The wires and cables market section of the report gives context. It compares the wires and cables market with other segments of the electrical equipment manufacturing market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, wires and cables indicators comparison.



Scope



Markets Covered: 1) By Type: Other Cables; Fiber Optical Cable; Coaxial Cables

2) By End-Use Industry: Energy; Telecommunications; Building & Construction; Industrial Manufacturing; Automotive; Medical Equipment; Others

3) By Sales Channel: OEM; Aftermarket

4) By Mode: Online; Offline



Subsegments Covered: Insulated Cables; Shipboard Cables; Aircraft And Automotive Cables; Single-Mode Fiber Cable; Multimode-Fiber Cable



Companies Mentioned: Sumitomo Electric Industries Ltd; Prysmian Group; Furukawa Electric; Leoni AG; Southwire Company LLC



Metrics Covered: Number of Enterprises; Number of Employees



Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam



Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa



Time series: Five years historic and ten years forecast.



Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, wires and cables indicators comparison.



Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.



Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Major companies in the wires and cables market include Sumitomo Electric Industries Ltd; Prysmian Group; Furukawa Electric; Leoni AG and Southwire Company LLC.



The global wires and cables market is expected to grow from $213.38 billion in 2020 to $232.13 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $308.02 billion in 2025 at a CAGR of 7%.



The wires and cables market consists of the sales of new wires and cables by entities (organizations, sole traders and partnerships) that manufacture insulated fiber optic cables which are network cables containing strands of glass fibers inside an insulated case, and coaxial cables and other insulated nonferrous wires which are copper and aluminum wires used by industries including energy, automotive, telecoms and others. The wires and cables market does not include sales from services, repair and maintenance of wires and cables. The wires and cables market is segmented into coaxial cables; fiber optical cable and other cables.



Asia Pacific was the largest region in the global wires and cables market, accounting for 52% of the market in 2020. North America was the second largest region accounting for 18% of the global wires and cables market. Africa was the smallest region in the global wires and cables market.



The demand for miniature connectors is growing rapidly in industries such as mobile technology, aerospace, defense and medical equipment to enhance connectivity and minimize space in electrical and electronic devices. Miniature connectors’ also known as micro connectors include subminiature, micro miniature and ultra-micro miniature connectors. Micro connectors are rectangular cross sections that carry power and data. Miniature connectors can handle about 10 Gbps data and advance miniature board to board connectors can handle about 20 Gbps data. For instance, some of the major companies offering miniature connectors include AMETEK, Omnetics, Amphenol and molex.



Many developed and developing economies are imposing restrictions on free trade, which are expected to hinder the growth of the wires and cables market in the forecast period. Post Brexit, trade restrictions between the UK and other European countries are likely to increase, while the new trade agreement between the USA, Canada and Mexico, USMCA, imposed by the US government, is expected to increase the prices of metal components imported from Mexico. The increase of tariffs on foreign steel especially from China by the US government in 2018 to 25% has increased the production costs for wire and cable manufacturers. Therefore, reduction in the world free trade is expected to hinder the growth of the wires and cables market due to expected increase of the production costs and tariffs.



Technological advances in the communication industry are expected to be a key driver of the wires and cables market. Advances in fiber optic networks, and rising investments in high-capacity network infrastructure and wired broadband technologies will lead to an increase in the demand for fiber optic cables. Fiber optic cables support higher bandwidths and faster data transmission than standard coaxial cables. Therefore, an increase in fiber optics demand will support the manufacturers of new and advanced fiber optic cables.





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Tags wires and cables market by product , wires and cables market by region , wires and cables market size , wires and cables market study
Last Updated March 7, 2021