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Europe Instrumentation Cable Market Size

  • Report ID: GMI8680
  • Published Date: Mar 2024
  • Report Format: PDF

Europe Instrumentation Cable Market Size

Europe Instrumentation Cable Market was valued at USD 1.3 billion in 2023 and is estimated to grow at a CAGR of 7.4% during 2024 to 2032. An instrumentation cable is a type of electrical cable specifically designed for use in industrial instrumentation, control, and communication systems. These cables are used to transmit signals between various instruments, sensors, controllers, and monitoring devices in industrial environments such as manufacturing plants, refineries, power plants, and chemical processing facilities.

 

Growing emphasis on digitalization and automation across industries, will drive the demand for high-quality instrumentation cables to ensure reliable data transmission and control signals. Increasing investments in oil and gas energy projects will boost the demand for instrumentation cables in power generation applications. Rising smart infrastructure projects in Europe, including smart cities and smart manufacturing, will fuel the demand for advanced instrumentation cables capable of supporting complex communication protocols.

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

European market for instrumentation cable was reached USD 1.3 billion in 2023 is estimated to grow at a CAGR of 7.4% through 2032, driven by growing emphasis on digitalization and automation across industries.

Europe instrumentation cable market from the process automation segment is will showcase 7.4% CGAR through 2-32, on account of the significant reliance on sophisticated monitoring & control systems for safe and efficient operations.

The U.K. instrumentation cable market is anticipated to surpass USD 1 billion by 2032 owing to robust industrial infrastructure, particularly in sectors including manufacturing, and energy.

ABB, Belden Inc., CommScope, Elseweddy Electric, Furukawa Electric Co. Ltd., Fujikura Ltd., Helukabel GmbH, Hellenic Group, Kabelwerk Eupen AG., Leoni Ag, Lapp Group, LS Cable & Systems and NKT A/S.

Europe Instrumentation Cable Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 132
  • Countries covered: 7
  • Pages: 140
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