MarkNtel Advisors has just published a new research report titled "Sustainable Wires and Cables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Sustainable Wires and Cables market from 2024 to 2030?
The Global Sustainable Wires and Cables Market is estimated to grow at a CAGR of around 16.5% during the forecast period, i.e., 2024-30.
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Sustainable Wires and Cables Market by Segments
By Type
- Data Cable- Market Size & Forecast 2019-2030, USD Million
- Coaxial Cable- Market Size & Forecast 2019-2030, USD Million
- Signal Cable- Market Size & Forecast 2019-2030, USD Million
- Power Cable- Market Size & Forecast 2019-2030, USD Million
- Low Voltage Energy Cable- Market Size & Forecast 2019-2030, USD Million
- Fire Resistant Cable- Market Size & Forecast 2019-2030, USD Million
- Fiber-optic Cable- Market Size & Forecast 2019-2030, USD Million
- Others (Ethernet Cables, Metallic Sheathed Cables, etc.)- Market Size & Forecast 2019-2030, USD Million
By Voltage
- Low Voltage- Market Size & Forecast 2019-2030, USD Million
- Medium Voltage- Market Size & Forecast 2019-2030, USD Million
- High Voltage- Market Size & Forecast 2019-2030, USD Million
- Extra High Voltage- Market Size & Forecast 2019-2030, USD Million
By Installation
- Overhead- Market Size & Forecast 2019-2030, USD Million
- Underground- Market Size & Forecast 2019-2030, USD Million
By Raw Material
- Metallic- Market Size & Forecast 2019-2030, USD Million
- Copper
- Aluminum
- Glass
- Non-Metallic- Market Size & Forecast 2019-2030, USD Million
- Bio-Based Polymers
- Polyethylene
- Polypropylene
- Polyamide
- Others
- Recycled Polymers and Plastics
- Thermoplastics Elastomer
- Thermoplastic Polyurethane
- Polyethylene
- Polyvinyl Chloride (PVC)
- Others
- Bio-Based Polymers
By End User
- Building & Construction- Market Size & Forecast 2019-2030, USD Million
- Industrial & Manufacturing- Market Size & Forecast 2019-2030, USD Million
- IT & Telecommunication-Market Size & Forecast 2019-2030, USD Million
- Power Generation & Distribution- Market Size & Forecast 2019-2030, USD Million
- Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million
- Automotive- Market Size & Forecast 2019-2030, USD Million
- Others (Healthcare, Oil & Gas and Mining)-Market Size & Forecast 2019-2030, USD Million
A comprehensive report on the Sustainable Wires and Cables Market is available now- https://www.marknteladvisors.com/research-library/sustainable-wires-cables-market.html
Sustainable Wires and Cables Market Report Segment by Regions
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
What are the current trends in the global Sustainable Wires and Cables Market?
Increasing Popularity of Cross-linked Polyethylene (XLPE) Technology – Cross-linked polyethylene (XLPE) has become a preferred choice among various industries such as construction, manufacturing, etc., due to its ability to operate at higher temperatures, increased current carrying capacity, ease of processing, and reduced dielectric losses. Thus, the construction and infrastructure sectors are extensively adopting XLPE-insulated cables for various applications, including building wiring, underground installations, and transmission lines.
Apart from this, industries such as consumer electronics and telecommunications are also adopting these wires and cables for better operational efficiency at a sustainable cost. Further, with the increasing capacity of renewable energy sources and the necessity of long-distance power interconnectors, the need for XLPE cables has widely emerged. Thus, manufacturers such as Sumitomo Electric, Prysmian, Finolex, Hellenic, etc. are introducing and testing XLPE cables to cater to this demand globally.
- In 2022, Sumitomo Electric Industries, Ltd., announced that its 525 kV cross-linked polyethylene (XLPE)-insulated high-voltage direct current (HVDC) submarine cable system has been tested as per the international standard CIGRE-TB496. This XLPE product is approved by a third-party certification body, thus making it safe to use for long-distance and large-capacity power transmission.
As renewable power projects and cross-border electricity trading continue to exist, specifically across Europe and Asia-Pacific economies, the need for XLPE cables will continue to exist. This, in turn, would widely promote the revenue growth of the market in the coming years.
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Who are the key players in the Sustainable Wires and Cables Market?
- Nexans
- Belden Inc.
- Prysmian Group
- TE Connectivity
- Southwire Company, LLC.
- Fururkawa Electric Co., Ltd.
- Hitachi
- Encore Wire Corporation
- Fujikura Ltd.
- Polycab India Pvt. Ltd.
- Europacable
- Borealis AG
Questions Addressed in this Study
- What factors are driving the Sustainable Wires and Cables Market growth?
- How is the Sustainable Wires and Cables Market expected to grow over the next five years?
- What are the key insights into the current trends in the Sustainable Wires and Cables Market?
- What is the current size of the Sustainable Wires and Cables Market, and how is it projected to change in the future?
- What is the future outlook for the Sustainable Wires and Cables Market in terms of technological advancements and market expansion?
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