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Control Cable Market Share

Report ID: GMI7460
Published Date: Nov 2023
Report Format: PDF

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Control Cable Market Share

The major companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry. The key industry market players include:

ABB
Belden Inc.
FURUKAWA ELECTRIC CO. LTD.
KEI Industries Limited
LS Cable & System Ltd.
Nexans
NKT A/S
Prysmian S.P.A
Havells
TE Connectivity
Birla Cable Limited
Leoni Cables
Saudi Cable Company
Fujikura Ltd.
Riyadh Cables
RR Kabel
Sumitomo Electric Industries Ltd.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of control cable was exceeded USD 19.2 billion in 2022 and is estimated to witness 8.4% CAGR from 2023 to 2032, due to the increasing investments in the automation sector.

Demand for CY control cables is expected to witness more than 7.1%. CAGR up to 2032, owing to the rising need to cater to different needs of reliable flexible and EMC compliant cables.

Europe control cable market size reached over 3.4 billion in 2022, owing to the increasing infrastructure development, industrial automation, and the growing demand for smart technologies.

Some of the leading control cable companies are ABB, Belden Inc., FURUKAWA ELECTRIC CO. LTD., KEI Industries Limited, LS Cable & System Ltd., Nexans, Prysmian S.P.A, Havells, TE Connectivity, and Birla Cable Limited, among others.