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The cable market has the potential to grow by USD 88.49 billion during 2020-2025, and the market's growth momentum will accelerate at a CAGR of 7.10%.
This cable market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (telecommunication, power transmission, construction, refineries and oil rigs, and others) and geography (APAC, Europe, North America, South America, and MEA). The cable market report also offers information on several market vendors, including 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. among others.
Browse TOC and LoE with selected illustrations and example pages of Cable Market
The increase in renewable energy generation is notably driving the cable market growth, although factors such as complex planning and authorization procedures leading to delays may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cable industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This cable market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The vendor landscape of the cable market entails successful business strategies deployed by the vendors. The cable market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the cable market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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57% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for cables in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Government initiatives to expand or upgrade transmission and distribution systems will facilitate the cable market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
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The cable market share growth by the telecommunication segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the cable market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predicting change in consumer demand.
Cable Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.10% |
Market growth 2021-2025 |
$ 88.49 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.72 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 57% |
Key consumer countries |
China, US, Japan, India, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Companies profiled |
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. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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