Global Wire and Cables Materials & Technology Markets Report

DUBLIN, Nov. 30, 2021 /PRNewswire/ — The “Wire and Cables: Materials, Technologies and Global Markets 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global market for wires and cables is estimated to grow from $335.0 billion in 2021 to reach $426.8 billion by 2026, at a compound annual growth rate (CAGR) of 5% during the forecast period of 2021-2026.

• The global market for power cables is estimated to grow from $244.5 billion in 2021 to reach $296.3 billion by 2026, at a CAGR of 3.9% during the forecast period of 2021-2026.

• The global market for telecom cables is estimated to grow from $90.5 billion in 2021 to reach $130.5 billion by 2026, at a CAGR of 7.6% during the forecast period of 2021-2026.

The report captures the enormous diversity in cabling morphologies and associated technical and market implications. In addition, it is the only report that covers the twin markets of power and telecom cables in a single place.

The cable industry can be summarized as one that deals with an uncomplicated technology interplaying with complex macro and microeconomic factors. Macroeconomic factors affect the pricing of raw materials and the health of end-user domains, while the microeconomic factors affect region-specific market parameters.

It is paramount that the availability of raw materials, such as copper, the principal material in both power and telecom cables, is addressed in this market. Aluminum and optical fiber are becoming credible alternatives in terms of performance and pricing in the concerned domains.

The principal purpose of this report is to identify the extent to which the alternatives will be accepted and to analyze the role played by pricing in such acceptance.

The report also sheds light on the role played by end-user markets on the pricing of the cables. It is worth noting that end users have significant leverage over prices.

With the rapid growth of wireless communication technologies, there is a well-founded apprehension about the long-term prospects of the wire and cable market, especially in the communication function space. This report provides a qualitative and quantitative response to this concern.

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Report Includes

• Analyses of the global market trends, with data from 2019-2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026

• Evaluation and forecast the overall power and telecom cables market size both value and volume terms, and their corresponding market share analysis

• Country specific data and market value analysis for the U.S., Canada, China, India, Germany, and France

• Assessment of the overall power cable market along with voltage and functional attributes: extremely low voltage (ELV), low voltage, high voltage and magnetic applications

• Market breakdown of the individual telecom cable conductor materials by geographic region (Americas, EMEA, APAC), end-use applications (energy and utilities; industrial; telecom devices;…