Uploaded on Feb 9, 2021
Wire is a piece of metal that is used to carry electric current on the other hand cable contain number of wires inside a plastic or rubber which is used to carry electric signals. Copper, aluminium, plastics and alloys are the material which is used to make this wires and cables. They are widely used in industries like defence and gas, oil, automotive etc. These days, due to increasing residences and houses in the developing countries, there is increase in the use of the wires and cables.
Wire and Cable Market Growth, Trends, COVID-19 Impact, And Forecast (2019 - 2026)
Wire and Cable Market Growth, Trends, COVID-19
Impact, And Forecast (2019 - 2026)
Wire and Cable Market By Voltage (Low, Medium, High, Extra High), Installation
(Overhead, Underground), End-Use (Aerospace & Defense, Automotive, Building &
Construction, Oil & Gas, Energy & Power, IT & Telecommunication, Others), Material
(Copper, Aluminium, Glass, Others), Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Report Description
Global Wire and Cable Market is expected to rise from its initial estimated value of USD
201.76 billion in 2018 to an estimated value of USD 332.65 billion by 2026, registering a
CAGR of 6.45% in the forecast period of 2019-2026. Increasing demand of wire and cable
from various end- users is the major factor for the growth of this market.
Wire is a piece of metal that is used to carry electric current on the other hand cable
contain number of wires inside a plastic or rubber which is used to carry electric signals.
Copper, aluminium, plastics and alloys are the material which is used to make this wires
and cables. They are widely used in industries like defence and gas, oil, automotive etc.
These days, due to increasing residences and houses in the developing countries, there is
increase in the use of the wires and cables.
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Major Key Players
Some of the major players operating in this market are :
• Prysmian Group
• HENGTONG GROUP CO.,LTD.
• FURUKAWA ELECTRIC CO., LTD.
• Sumitomo Electric Industries, Ltd.
• General Cable Technologies Corporation
• TPC Wire & Cable Corp
• LS Cable & System Ltd
• Polycab.com,
Southwire Company, LLC
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Market Segmentation
• By Voltage (Low, Medium, High, Extra High)
• By Installation (Overhead, Underground)
• By End-Use (Aerospace & Defense, Automotive, Building & Construction,
Oil & Gas, Energy & Power, IT & Telecommunication, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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