Global Armored Cable Market Growth 2023-2029

Global Armored Cable Market Growth 2023-2029

Product Code:456023

Published Date: Feb 08,2023

Pages: 128

Region: Global

Category: Chemical & Material

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Armored cable conductors are made of different materials with insulating material mounted in a metal casing, is processed into a solid combination of flexible cables, cable is better than ordinary compressive strength, corrosion resistance and other properties. Because of the unique properties of armoured cable, most of the armored cables are used in the medium voltage range, 600V-36kV, for power distribution.

LPI (LP Information)' newest research report, the “Armored Cable Industry Forecast” looks at past sales and reviews total world Armored Cable sales in 2022, providing a comprehensive analysis by region and market sector of projected Armored Cable sales for 2023 through 2029. With Armored Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Armored Cable industry.

This Insight Report provides a comprehensive analysis of the global Armored Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Armored Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Armored Cable market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Armored Cable and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Armored Cable.

The global Armored Cable market size is projected to grow from US$ 38830 million in 2022 to US$ 60070 million in 2029; it is expected to grow at a CAGR of 60070 from 2023 to 2029.

Global Armored Cable key players include Zhongchao Cable, Anixter, Atkore, LS Cable, etc. Global top four manufacturers hold a share about 5%.

Europe is the largest market, with a share over 30%, followed by China, and North America, both have a share over 30 percent. 
In terms of product, Metal Tape Armored Cable is the largest segment, with a share over 65%. And in terms of application, the largest application is Infrastructure Construction, followed by Gas and Oil Industrial, Construction and Manufacturing Industrial, Mining Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Armored Cable market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Metal Tape Armored Cable
    Metal Wire Armored Cable

Segmentation by application
    Infrastructure Construction
    Gas andOil Industrial
    Construction and Manufacturing Industrial
    Mining Industrial
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Prysmian Group
    Nexans S.A
    General Cable
    LS Cable
    ABB
    Southwire
    Anixter
    Atkore
    Encore Wire
    Walsin Lihwa
    Doncaster Cables
    Utama Cables Sdn Bhd
    Suli Group
    Shangshang Cable Group
    TBEA
    Zhongchao Cable
    Shanghai Shenghua Cable
    Hangzhou Cable
    Shandong Wanda Cable
    Sun Cable
    Qingdao Hanhe Cable
    Gold Cup Electric Apparatus

Key Questions Addressed in this Report
What is the 10-year outlook for the global Armored Cable market?
What factors are driving Armored Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Armored Cable market opportunities vary by end market size?
How does Armored Cable break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?