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$ 136080 million in 2021 and is forecast to a readjusted size of US$ 136080 million by 2028 with a CAGR of 4.6% during the review period. Fully considering the economic change by this health crisis, by Type 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 by Type segment is altered to an % CAGR throughout this forecast period.
The United States Cables market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the United States is % in 2021, while Chinese percentage is %, and it is predicted that China’s share will reach % in 2028, trailing a CAGR of % through the analysis 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 United States, in terms of revenue, in 2021, the top three players hold a share about %, while in China, top three players hold a share nearly %.
Global Cables Scope and Market Size
The global Cables market is segmented by company, region (country), 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 sales, revenue and forecast by region (country), 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 Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Prysmian
HTGD
Furukawa
Corning
YOFC
Futong
Fujikura
Sumitomo
Tongding
CommScope
Sterlite
FiberHome
Jiangsu Etern
ZTT
Belden
Fasten
Nexans
Kaile
LS Cable＆System