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Insulated Wires and Cables - Global Market Trajectory & Analytics

  • ID: 347952
  • Report
  • February 2022
  • Region: Global
  • 588 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AFC Cable Systems, Inc.
  • Belden, Inc.
  • CommScope, Inc.
  • Fujikura Group
  • MOLEX, Inc.
  • Permanoid Ltd.

Global Insulated Wires and Cables Market to Reach $231.9 Billion by 2027


Amid the COVID-19 crisis, the global market for Insulated Wires and Cables estimated at US$158.6 Billion in the year 2020, is projected to reach a revised size of US$231.9 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027. Metal, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$139.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Plastic segment is readjusted to a revised 5.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $21.1 Billion, While China is Forecast to Grow at 6.8% CAGR


The Insulated Wires and Cables market in the U.S. is estimated at US$21.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$70.7 Billion by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Optical Fiber Segment to Record 6.7% CAGR


In the global Optical Fiber segment, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$12.8 Billion in the year 2020 will reach a projected size of US$19.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$42.9 Billion by the year 2027, while Latin America will expand at a 6.7% CAGR through the analysis period.

Select Competitors (Total 195 Featured) -

  • ABL Electronic Supplies, Inc.
  • AFC Cable Systems, Inc.
  • AFL
  • Amphenol Corp.
  • Aptiv PLC
  • Asia Pacific Wire & Cable Corporation Limited
  • Belden, Inc.
  • Cable USA
  • Carlisle Interconnect Technologies
  • Cerrowire LLC
  • Coleman Cable, Inc.
  • CommScope, Inc.
  • Corning Incorporated
  • Ducommun LaBarge Technologies
  • Electrical Components International
  • Encore Wire Corporation
  • Finolex Cables Ltd
  • Fujikura Group
  • Furukawa Electric Company Limited
  • General Cable Corporation
  • Hitachi Metals, Ltd.
  • Leviton Manufacturing Company, Inc.
  • LS Cable & System Limited
  • MOLEX, Inc.
  • NEXANS SA
  • NKT Cables Group GmbH
  • Olex Cables Limited
  • Permanoid Ltd.
  • Prysmian Group S.p.A.
  • Rea Magnet Wire Company, Inc.
  • Southwire Company, LLC
  • Sumitomo Electric Industries Ltd.
  • Superior Essex Incorporated
  • TE Connectivity
  • Tele-Fonika Kable S.A.
  • The Okonite Company
Frequently Asked Questions about the Global Market for Insulated Wires and Cables

What is the estimated value of the Global Market for Insulated Wires and Cables?

The Global Market for Insulated Wires and Cables was estimated to be valued at $158.6 Billion in 2020.

What is the growth rate of the Global Market for Insulated Wires and Cables?

The growth rate of the Global Market for Insulated Wires and Cables is 5.6%, with an estimated value of $231.9 Billion by 2027.

What is the forecasted size of the Global Market for Insulated Wires and Cables?

The Global Market for Insulated Wires and Cables is estimated to be worth $231.9 Billion by 2027.

Who are the key companies in the Global Market for Insulated Wires and Cables?

Key companies in the Global Market for Insulated Wires and Cables include ABL Electronic Supplies, Inc., AFC Cable Systems, Inc., AFL, Amphenol Corp., Aptiv PLC, Asia Pacific Wire & Cable Corporation Limited, Belden, Inc., Cable USA and Cerrowire LLC.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AFC Cable Systems, Inc.
  • Belden, Inc.
  • CommScope, Inc.
  • Fujikura Group
  • MOLEX, Inc.
  • Permanoid Ltd.

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Insulated Wires and Cables - Global Key Competitors Percentage Market Share in 2022 (E)
  • Long Term Prospects for the Industrial Wires and Cables Market
  • Increasing Adoption of Fiber Optical Cables & Polymer Optic Fibers
  • Robust Demand for Fast-Charging Cables
  • Asia-Pacific Dominates Global Insulated Wire & Cable Market
  • PVC Insulated Wires Emerge as Popular Option for Electrical Industries
  • Pandemic Weakens Global Economic Environment, Triggering Negative Tide in GDP
  • Industrial Activity Remain Subdued in the Immediate Term, Inducing Weakness into Insulated Wires & Cables Market
  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
  • Business Climate Indicator in the Euro Area for the Period June 2019 to May 2020
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • Recent Market Activity
  • WORLD BRANDS
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Telecommunications Industry Remains the Largest Revenue Contributor
  • COVID-19 Impacts Investments in 5G
  • Global Smartphone Subscription Breakdown by Technology: 2019 and 2025
  • Fiber Optic Wires & Cables Gain Widespread Popularity
  • Fiber Optics Emerge as Preferred Transmission Medium for Undersea Applications
  • Active Optical Cables Subvert Copper Cables’ Demand
  • Comparison between AOC and Copper Cables
  • Global AOC Market by Application Platform (2020): Percentage Breakdown of Units for Personal Computer, High Definition Television, Consumer Electronic Devices and High-Performance Computers
  • Global AOC Market by Application Type (2020): Percentage Breakdown of Units for HDMI and DisplayPort
  • Fiber Optic Cables Makes Headwinds towards Diagnostic & Digital Imaging Applications in Healthcare
  • Rising Bandwidth Demand Putting the Global Insulated Wires and Cables Market in Overdrive
  • Spurt in Work-From-Home & Online Collaboration Volumes Spur Bandwidth Needs Worldwide
  • Fixed Broadband Speed (in mbps) in Select Countries: April 2020
  • Breakdown of Internet Users (in %) by Region: Q1 2020
  • Internet Penetration Rate (%) in Select Countries: April 2020
  • Rise of Mobile Communication Networks Accelerates Telecommunication Sector to a New Level, Generating Parallel Opportunities to Wires & Cables Market
  • Smartphone Penetration Rate as Share of Total Population: 2016-2021
  • Power Infrastructure to Drive Growth
  • Focus on Establishing Renewable Energy Infrastructure Lends Traction
  • EHV and HV Insulated Power Cables: Changing Operating Environment
  • Trends in HV/EHV Cable Designs and Future Concepts
  • Residential & Commercial Construction Sector: Short-Term Prospects Remain Sluggish Amid Ongoing Onslaught of Covid-19 Outbreak
  • World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • Housing Projects Scenario in the US
  • Key Indicators for US Residential Construction Market
  • Computers and Consumer Electronics: A High Growth Market
  • Increasing Prevalence of High-Speed HDMI Cables
  • Despite the Crushing Impact of COVID-19 Crisis, Automotive Industry Remains an Important Consumer of Insulated Wires and Cables
  • World Automobile Production in Million Units: 2008-2022
  • Evolving Car Electronics to Drive Long Term Gains
  • Popularity of Electric Vehicles to Power Growth
  • Aerospace Industry Demands High End Wires and Cables
  • Oil and Gas Industry: Role of Cables, Wires and its Compounds
  • Copper Continues to Reign the Insulated Cable and Wire Market
  • Polyvinyl Chloride finds Favor as an Insulation Material
  • Greenhouse Gas Emission Targets Brightens Prospects for Insulation
  • High Temperature Insulation Sector to Grow Worldwide
  • Emphasis on Green Materials

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Short-Term Prospects Remain Sluggish Amid Ongoing Onslaught of Covid-19 Outbreak
  • Number of States Limiting Construction Industry due to COVID-19 (As of April 2020)
  • US Construction Spending in US$ Billion for the Period January 2012 to January 2020
  • Key Indicators for US Residential Construction Market
  • Insulated Wire and Cables Market to Gain from Green House Gas Emission Targets

CANADA

  • Market Overview
  • Residential and Non-Residential Building Permits in Canada (in Units) for Dec-2019 to Feb-2020

JAPAN

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Rapid Urbanization in China to Promote Future Demand for Industrial Wires and Cables
  • Urbanization in China (2007, 2010, 2013, 2016 & 2019): Percentage Share of Total Population Living in Cities

EUROPE

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Market Overview
  • Installation of Fiber Optic Networks Drives Demand for Insulated Wires and Cables
  • FTTH and FTTB Penetration in Europe: 2019 & 2025
  • Decline in Construction Spending Due to Covid-19 Outbreak to Impact Market Prospects
  • Europe Construction Output YoY Change in % from 2017-2022
  • Europe’s Auto Sector: Key Consumer of Insulated Wires & Cables
  • EU Car Sales YoY Change in % from 2011-2020
  • Market Analytics

FRANCE

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Market Overview
  • Internet-based Services to Drive Investments in Telecom Infrastructure Development
  • Automotive Market: An Important End-Use Market
  • Power Industry to Drive Demand for Insulated Wires and Cables
  • Construction Activity in Asia-Pacific to Spearhead Growth
  • Market Analytics

AUSTRALIA

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
  • Market Overview
  • Telecom Cable Market
  • Overview of Power Cable Industry
  • Automotive Production & Sales Lends Traction to the Market
  • Construction Activity Drives Insulated Wires and Cables Industry
  • Market Analytics

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRAN


ISRAEL


SAUDI ARABIA


UNITED ARAB EMIRATES


REST OF MIDDLE EAST

AFRICA

  • Insulated Wires and Cables Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 195
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ABL Electronic Supplies, Inc.
  • AFC Cable Systems, Inc.
  • AFL
  • Amphenol Corp.
  • Aptiv PLC
  • Asia Pacific Wire & Cable Corporation Limited
  • Belden, Inc.
  • Cable USA
  • Carlisle Interconnect Technologies
  • Cerrowire LLC
  • Coleman Cable, Inc.
  • CommScope, Inc.
  • Corning Incorporated
  • Ducommun LaBarge Technologies
  • Electrical Components International
  • Encore Wire Corporation
  • Finolex Cables Ltd
  • Fujikura Group
  • Furukawa Electric Company Limited
  • General Cable Corporation
  • Hitachi Metals, Ltd.
  • Leviton Manufacturing Company, Inc.
  • LS Cable & System Limited
  • MOLEX, Inc.
  • NEXANS SA
  • NKT Cables Group GmbH
  • Olex Cables Limited
  • Permanoid Ltd.
  • Prysmian Group S.p.A.
  • Rea Magnet Wire Company, Inc.
  • Southwire Company, LLC
  • Sumitomo Electric Industries Ltd.
  • Superior Essex Incorporated
  • TE Connectivity
  • Tele-Fonika Kable S.A.
  • The Okonite Company
Note: Product cover images may vary from those shown