Global Cables Market Insights and Forecast to 2028

Cable is made of two or more wires running side by side and bonded, twisted, or braided together to form a single assembly, the ends of which can be connected to two devices, enabling the transfer of electrical signals from one device to the other. Cables are used for a wide range of purposes, and each must be tailored for that purpose. Cables are used extensively in electronic devices for power and signal circuits. Long-distance communication takes place over undersea cables. Power cables are used for bulk transmission of alternating and direct current power, especially using high-voltage cable. Electrical cables are extensively used in building wiring for lighting, power and control circuits permanently installed in buildings. Since all the circuit conductors required can be installed in a cable at one time, installation labor is saved compared to certain other wiring methods.
The gap of price and properties between optical fiber cable and general cable is large. In this report, the optical fiber cable is not considered in the range of product.
Market Analysis and Insights: Global Cables Market
Due to the COVID-19 pandemic, the global Cables market size is estimated to be worth US$ 142870 million in 2022 and is forecast to a readjusted size of US$ 187130 million by 2028 with a CAGR of 4.6% during the review period. Fully considering the economic change by this health crisis, Coaxial Cable accounting for % of the Cables global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Electric System segment is altered to an % CAGR throughout this forecast period.
China Cables market size is valued at US$ million in 2021, while the US and Europe Cables are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Cables landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Cables include Prysmian, HTGD, Furukawa, Corning, YOFC, Futong, Fujikura, Sumitomo and Tongding, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Cables capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Cables by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Cables Scope and Segment
Cables market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Cables market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Coaxial Cable
Ribbon Cable
Twisted Pair Cable
Shielded Cable
Segment by Application
Electric System
Information Transmission
Instrument System
By Company
Prysmian
HTGD
Furukawa
Corning
YOFC
Futong
Fujikura
Sumitomo
Tongding
CommScope
Sterlite
FiberHome
Jiangsu Etern
ZTT
Belden
Fasten
Nexans
Kaile
LS Cable＆System
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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