Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 5.9 |
The Wires and Cables for Energy Transmission, Telecom, and Consumer Electronics Market size is estimated to grow at a CAGR of 7.92% between 2022 and 2032. The market size is forecast to increase by USD 3,567.45 million. The growth of the market depends on several factors, including the increasing demand for efficient energy transmission, the rapid expansion of the telecom industry, and the growing adoption of consumer electronics. Wires and cables play a crucial role in transmitting electrical power, data, and signals, enabling the functioning of various energy transmission, telecom, and consumer electronic systems.
Wires and Cables for Energy Transmission, Telecom, and Consumer Electronics Market Overview:
Drivers:
One of the key factors driving the market growth is the increasing demand for efficient energy transmission. With the growing need for reliable and uninterrupted power supply, there is a rising demand for high-quality wires and cables that can efficiently transmit electricity over long distances. These wires and cables are designed to minimize power losses and ensure efficient energy transmission, thereby meeting the increasing power demands of industries, commercial spaces, and residential areas.
Moreover, the rapid expansion of the telecom industry is also driving the market growth. The telecom sector relies heavily on wires and cables for the transmission of voice, data, and video signals. With the increasing penetration of smartphones, internet connectivity, and digital services, there is a growing need for high-speed and reliable communication networks. Wires and cables designed for telecom applications, such as fiber optic cables and coaxial cables, enable the seamless transmission of data and support the growing demand for bandwidth-intensive applications.
Trends:
A key trend shaping the market is the increasing adoption of fiber optic cables for high-speed data transmission. Fiber optic cables offer several advantages over traditional copper cables, including higher bandwidth capacity, faster data transfer rates, and immunity to electromagnetic interference. The growing demand for high-speed internet, cloud computing, and data-intensive applications is driving the deployment of fiber optic networks, thereby fueling the demand for fiber optic cables in the telecom and data communication sectors.
Furthermore, there is a growing focus on the development of lightweight and flexible cables for consumer electronics. With the increasing demand for portable devices, wearable technology, and smart home appliances, there is a need for cables that are compact, durable, and easy to handle. Manufacturers are investing in research and development to create innovative cables that meet the specific requirements of consumer electronic devices, such as USB cables, HDMI cables, and charging cables.
Restraints:
One of the key challenges hindering the market growth is the volatility in raw material prices. The production of wires and cables involves the use of various raw materials, including copper, aluminum, and plastics. Fluctuations in the prices of these raw materials can significantly impact the manufacturing costs and profit margins of wire and cable manufacturers. Moreover, the availability of high-quality raw materials at competitive prices is crucial for maintaining product quality and meeting customer demands.
Wires and Cables for Energy Transmission, Telecom, and Consumer Electronics Market Segmentation By Application:
The energy transmission segment is estimated to witness significant growth during the forecast period. Wires and cables for energy transmission are used in power generation plants, substations, and transmission lines to transmit electricity from the source to distribution networks. These cables are designed to withstand high voltage levels, minimize power losses, and ensure efficient energy transmission. The increasing investments in renewable energy projects, grid modernization initiatives, and the expansion of power infrastructure are driving the demand for wires and cables in the energy transmission sector.
The telecom segment is also expected to contribute to the market growth. Wires and cables for telecom applications are used in the construction of communication networks, including landline networks, mobile networks, and broadband networks. These cables enable the transmission of voice, data, and video signals over long distances. The growing demand for high-speed internet, 5G networks, and digital services is driving the deployment of telecom infrastructure, thereby fueling the demand for wires and cables in the telecom sector.
The consumer electronics segment is witnessing significant growth due to the increasing adoption of electronic devices such as smartphones, tablets, laptops, and smart home appliances. Wires and cables for consumer electronics are used for charging, data transfer, and connectivity purposes. The demand for compact, lightweight, and durable cables is driving the market in the consumer electronics sector.
Wires and Cables for Energy Transmission, Telecom, and Consumer Electronics Market Segmentation By Type:
The copper-based wires and cables segment is expected to dominate the market during the forecast period. Copper is widely used in the manufacturing of wires and cables due to its excellent electrical conductivity and thermal properties. Copper-based cables are suitable for various applications, including energy transmission, telecom, and consumer electronics. The increasing demand for efficient energy transmission, high-speed data transfer, and reliable connectivity is driving the growth of this segment.
Regional Overview:
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North America is estimated to contribute significantly to the growth of the global wires and cables market during the forecast period. The region has a well-established energy transmission infrastructure, a mature telecom industry, and a high adoption rate of consumer electronics. The increasing investments in renewable energy projects, the deployment of 5G networks, and the demand for advanced consumer electronic devices are driving the market in North America.
Europe is also expected to witness substantial growth in the wires and cables market. The region has a strong focus on renewable energy generation, energy efficiency, and sustainable development. The growing demand for high-speed communication networks, the adoption of smart home technologies, and the presence of major consumer electronics manufacturers are driving the market in Europe.
Wires and Cables for Energy Transmission, Telecom, and Consumer Electronics Market Customer Landscape:
The market report includes an analysis of the customer landscape, covering the adoption lifecycle of wires and cables in different industries. It focuses on the penetration rates in various regions and provides insights into key purchase criteria and price sensitivity drivers. This information helps companies evaluate and develop their growth strategies.
Who are the Major Wires and Cables for Energy Transmission, Telecom, and Consumer Electronics Market Companies?
Companies in the market are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence and meet the evolving customer demands.
Some of the major companies operating in the wires and cables market include:
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The wires and cables market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
o Energy Transmission
o Telecom
o Consumer Electronics
o Copper-based
o Aluminum-based
o Fiber Optic
o North America
o Europe
o Asia Pacific
o South America
o Middle East & Africa
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
Intended Audience
Methodology and Information Sources
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Executive Summary
Chapter 3 Overview and Definitions
Introduction
Overview of the Global Market for Cable
Breakdown by End-Use Application
Market Breakdown by Region
Cable Types and Their Applications
Airframe and Military Wire and Cable
Appliance Wiring Material (AWM)
Bulk Cords
Computer and Multimedia Cables
Cable Television (CATV) Drop and Trunk Lines
Extension Power Cords
Flat Cable
Flexible Cables
Jelly Filled Cables
Metal-Clad Cable and Armored Cable
Machine Tool Wire
High-Voltage Cables
Hookup Wire
Motor Lead Wire
Multi-conductor Electronic Cables
Nonmetallic-Sheathed Cables
Paper Power Cables
Portable Power Cables
Power-limited Circuit Cables
Premise Wiring
Service-Entrance Cables
Shipboard Wire and Cables
Submarine Cables
FFT-x
Thermocouple Wire
Thermoplastic-insulated Underground Feeder and Branch Circuit Cables
Thermoplastic-Insulated Wire and Cables
Thermoset Insulated Wire and Cable
Transit Wire and Cable
Uninsulated Electrical Conductors
Welding Cable
Technology Behind Power Cables
Technology Overview and Key Concepts
Technology Behind Telecom Cables
Technology Overview and Key Concepts
Chapter 4 Detailed Market Breakdown
Market Overview of Power Cables
Power Cables and Metal
Power Cables and End-Use Applications
Power Cables and Region
Market Overview of Telecom Cables
Telecom Cables and Type of Network
Telecom Cables and End-Use Applications
Telecom Cables and Geographic Regions
Power Cable Market Breakdown by Voltage Capacity and Functional Profile
Market Analysis of ELV Power Cables
Market Analysis of Low-Voltage Power Cables
Market Analysis of High-Voltage Power Cables
Market Analysis of Magnetic Power Cables
Telecom Cable Market Breakdown by Choice of Conductor
Market Analysis of Metal Telecom Cables
Market Analysis of Fiber-Optic Telecom Cables
Chapter 5 Raw Materials and Pricing
Principal Raw Materials
Copper
Aluminum
Optical Fiber
ASP Trends
ELV Power Cables
Low Voltage Power Cables
High-Voltage Power Cables
Magnetic Application Power Cables
Metal Telecom Cables
Fiber-Optic Telecom Cables
Chapter 6 Vendor and Market Analysis
Market at a Glance
Extreme Fragmentation
High Levels of Standardization
Mergers and Acquisitions
Focus on Alternative Energy Sources
Activity Summary of Major Stakeholders
Chapter 7 Company Profiles
AKSH OPTIFIBER
AMPHENOL
APAR
ATKORE
BAOSHENG HIGH VOLTAGE CABLE CO., LTD.
BELDEN
COMMSCOPE
CORDS CABLES
CORNING INC.
DELTON CABLES
EL SEWEDY ELECTRIC
ENCORE WIRE INC.
FIBERHOME TELECOMMUNICATION TECHNOLOGIES
FINOLEX CABLES
FUJIKURA LTD.
ZHUHAI HANSEN TECHNOLOGY CO.
HAVELLS
HENGTONG GROUP CO., LTD.
HITACHI METALS
INTERNATIONAL WIRE GROUP
IUSA WIRE
JIANGSU ETERN CO., LTD.
KEI INDUSTRIES
LEONI
LEVITON
MOLEX
NECCON POWER AND INFRA LTD.
NEXANS
NINGBO ORIENT GROUP
OKONITE
OPTICAL CABLE CORP.
POLYCAB WIRES
PRYSMIAN
Q-FLEX CABLES
QINGDAO HANHE CABLE GROUP CO., LTD.
REA MAGNET WIRE CO.
RELEMAC
RPG CABLES
SAUDI CABLE CO.
SHANDONG YANGGU CABLE GROUP CO., LTD.
SHANGHAI SHENGHUA CABLE GROUP
SOUTHWIRE CO.
STERLITE TECHNOLOGIES
SUMITOMO ELECTRIC INDUSTRIES
SUPERIOR ESSEX
SURBHI TELELINK
THE FURUKAWA ELECTRIC CO., LTD.
TE (FORMERLY TYCO ELECTRONICS LTD.)
THE MARMON GROUP
TIANJIN SULI CABLE GROUP CO., LTD.
TORRENT POWER
TPC WIRE AND CABLE CORP.
USHA MARTIN
W. L. GORE & ASSOCIATES, INC.
WALSIN LIHWA CORP.
WUXI JIANGNAN CABLE CO., LTD.
XIGNUX
YAZAKI CORP.
ZHEJIANG WANMA GROUP CO., LTD.
Chapter 8 U.S. Patent Analysis
Introduction
Trends by Functional Category
Trends by Year
Trends by Country
Trends by Assignee/Patent Holder
List of Tables
Summary Table : Global Market for Cables, by Functional Application, Through 2025
Table 1 : Global Market for Cables, by End-Use Application, Through 2025
Table 2 : Global Market for Cables, by Region, Through 2025
Table 3 : Global Market for Power Cables, by Type of Conductor Metal, Through 2025
Table 4 : Global Sales Volumes of Power Cables, by Type of Conductor Metal, Through 2025
Table 5 : Average Selling Prices of Power Cables, by Type of Conductor Metal, 2019-2025
Table 6 : Global Market for Power Cables, by End-Use Application, Through 2025
Table 7 : Global Sales Volumes of Power Cables, by End-Use Application, Through 2025
Table 8 : Average Selling Prices of Power Cables, by End-Use Application, 2019-2025
Table 9 : Global Market for Power Cables, by Region, Through 2025
Table 10 : Global Sales Volumes of Power Cables, by Region, Through 2025
Table 11 : Average Selling Prices of Power Cables, by Region, 2019-2025
Table 12 : Global Market for Telecom Cables, by Type of Network, Through 2025
Table 13 : Global Sales Volumes of Telecom Cables, by Type of Network, Through 2025
Table 14 : Average Shipments of Telecom Cables, by Type of Network, 2019-2025
Table 15 : Global Market for Telecom Cables, by End-Use Application, Through 2025
Table 16 : Global Sales Volumes of Telecom Cables, by End-Use Application, Through 2025
Table 17 : Average Selling Prices of Telecom Cables, by End-Use Application, 2019-2025
Table 18 : Global Market for Telecom Cables, by Region, Through 2025
Table 19 : Global Sales Volumes of Telecom Cables, by Region, Through 2025
Table 20 : Average Selling Prices of Telecom Cables, by Region, 2019-2025
Table 21 : Global Market for ELV Power Cables, by Type of Conductor Metal, Through 2025
Table 22 : Global Sales Volumes of ELV Power Cables, by Type of Conductor Metal, Through 2025
Table 23 : Global Market for ELV Power Cables, by End-Use Application, Through 2025
Table 24 : Global Sales Volumes of ELV Power Cables, by End-Use Application, Through 2025
Table 25 : Global Market for ELV Power Cables, by Region, Through 2025
Table 26 : Global Sales Volumes of ELV Power Cables, by Region, Through 2025
Table 27 : Global Market for Low-Voltage Cables, by Type of Conductor Metal, Through 2025
Table 28 : Global Sales Volumes of Low-Voltage Power Cables, by Type of Conductor Metal, Through 2025
Table 29 : Global Market for Low-Voltage Power Cables, by End-Use Application, Through 2025
Table 30 : Global Sales Volumes of Low-Voltage Power Cables, by End-Use Application, Through 2025
Table 31 : Global Market for Low-Voltage Power Cables, by Region, Through 2025
Table 32 : Global Sales Volumes of Low-Voltage Power Cables, by Region, Through 2025
Table 33 : Global Market for High-Voltage Power Cables, by Type of Conductor Metal, Through 2025
Table 34 : Global Sales Volumes of High-Voltage Power Cables, by Type of Conductor Metal, Through 2025
Table 35 : Global Market for High-Voltage Power Cables, by End-Use Application, Through 2025
Table 36 : Global Sales Volumes of High-Voltage Power Cables, by End-Use Application, Through 2025
Table 37 : Global Market for High-Voltage Power Cables, by Region, Through 2025
Table 38 : Global Sales Volumes of High-Voltage Power Cables, by Region, Through 2025
Table 39 : Global Market for Magnetic Power Cables, by Type of Conductor Metal, Through 2025
Table 40 : Global Sales Volumes of Magnetic Power Cables, by Type of Conductor Metal, Through 2025
Table 41 : Global Market for Magnetic Power Cables, by End-Use Application, Through 2025
Table 42 : Global Sales Volumes of Magnetic Power Cables, by End-Use Application, Through 2025
Table 43 : Global Market for Magnetic Power Cables, by Region, Through 2025
Table 44 : Global Sales Volumes of Magnetic Power Cables, by Region, Through 2025
Table 45 : Global Market for Metal Telecom Cables, by Type of Network, Through 2025
Table 46 : Global Sales Volumes of Metal Telecom Cables, by Type of Network, Through 2025
Table 47 : Global Market for Metal Telecom Cables, by End-Use Application, Through 2025
Table 48 : Global Sales Volumes of Metal Telecom Cables, by End-Use Application, Through 2025
Table 49 : Global Market for Metal Telecom Cables, by Region, Through 2025
Table 50 : Global Sales Volumes of Metal Telecom Cables, by Region, Through 2025
Table 51 : Global Market for Fiber-Optic Telecom Cables, by Type of Network, Through 2025
Table 52 : Global Sales Volumes of Fiber-Optic Telecom Cables, by Type of Network, Through 2025
Table 53 : Global Market for Fiber-Optic Telecom Cables, by End-Use Application, Through 2025
Table 54 : Global Sales Volumes of Fiber-Optic Telecom Cables, by End-Use Application, Through 2025
Table 55 : Global Market for Fiber-Optic Telecom Cables, by Region, Through 2025
Table 56 : Global Sales Volumes of Fiber-Optic Telecom Cables, by Region, Through 2025
Table 57 : Average Selling Prices of ELV Power Cables Region, by Type of Conductor Metal, 2019-2025
Table 58 : Average Selling Prices of ELV Power Cables, by End-Use Application, 2019-2025
Table 59 : Average Selling Prices of ELV Power Cables, by Region, 2019-2025
Table 60 : Average Selling Prices of Low-Voltage Power Cables, by Type of Conductor Metal, 2019-2025
Table 61 : Average Selling Prices of Low-Voltage Power Cables, by End-Use Application, 2019-2025
Table 62 : Average Selling Prices of Low-Voltage Power Cables, by Region, 2019-2025
Table 63 : Average Selling Prices of High-Voltage Power Cables, by Type of Conductor Metal, 2019-2025
Table 64 : Average Selling Prices of High-Voltage Power Cables, by End-Use Application, 2019-2025
Table 65 : Average Selling Prices of High-Voltage Power Cables, by Region, 2019-2025
Table 66 : Average Selling Prices of Magnetic Application Power, by Type of Conductor Metal, 2019-2025
Table 67 : Average Selling Prices of Magnetic Application Power Cables, by End-Use Application, 2019-2025
Table 68 : Average Selling Prices of Magnetic Application Power Cables, by Region, 2019-2025
Table 69 : Average Selling Prices of Metal Telecom Cables, by Type of Network, 2019-2025
Table 70 : Average Selling Prices of Metal Telecom, by End-Use Application, 2019-2025
Table 71 : Average Selling Prices of Metal Telecom Cables, by Region, 2019-2025
Table 72 : Average Selling Prices of Fiber-Optic Telecom Cables, by Type of Network, 2019-2025
Table 73 : Average Selling Prices of Fiber-Optic Telecom Cables, by End-Use Application, 2019-2025
Table 74 : Average Selling Prices of Fiber-Optic Telecom Cables, by Region, 2019-2025
Table 75 : U.S. Patents on Electrical and Telecommunications Cables, by Patent Category, May 2014 Through November 2019
Table 76 : U.S. Patent Trends in Electrical and Telecommunications Cables, by Year, May 2014 Through November 2019
Table 77 : Shares of U.S. Patents in Electrical and Telecommunications Cables, by Assignee’s Country, 1976 Through May 2014
Table 78 : Assignees/Patent Holders of U.S. Patents on Electrical and Telecommunications Cables, May 2014 Through November 2019
Table 79 : Assignee/Patent Holders of Four or More U.S. Patents on Electrical and Telecommunications Cables, May 2014 Through November 2019
List of Figures
Summary Figure : Global Market for Cables, by Functional Application, 2019-2025
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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