Interlocked Armored Cable Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
The global interlocked armored cable market size was valued at USD 25.8 billion in 2024 and is estimated to grow at a CAGR 7.4% from 2025 to 2034, due to rising demand across industrial, commercial, and residential sectors. These cables with high endurance level and withstanding mechanical impacts are now increasingly used in power distribution, automation, and data centering as they provide great protection. Emerging countries will always need good electrical systems to sustain the trend of increasing urbanization and construction development. Owing to more attention on energy efficiency and enhanced safety regulations, these cables have also witnessed growth in adoption in risky and dangerous sectors such as oil and gas, mining, and chemicals.
The newest technologies have also made manufacturing lightweight and easy to install designs of these cables, assisting in facilitating the market further. The implementation of government policies requiring the use of armored cables in critical applications and an increase in renewable energy projects usage will surely solidify the markets ideal growth.
Report Attribute | Details |
---|---|
Base Year: | 2024 |
Interlocked Armored Cable Market size in 2024: | USD 25.8 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2023 - 2032 CAGR: | 7.4 |
2023 Value Projection: | USD 54.1 Billion |
Historical Data for: | 2021 – 2024 |
No of Pages: | 100 |
Tables, Charts & Figures: | 20 |
Segments Covered: | Core Type, End Use |
Growth Drivers: |
|
Pitfalls Challenges: |
|
The growing penetration of solar farms and wind energy plants, alongside other energy storage systems, is expected to propel the adoption of interlocked armored cables. These cables are preferred because of their unique performance when it comes to outdoor mechanical and chemical decohesion. It puts them at par when it comes to the requirements of renewable energies installations. Armored cables undergo broader deployment owing to the rigid safety requirements in place for such commercial and industrial projects. These cables are pivotal in curbing electrical risks in volatile settings like oil and gas, mining, chemical plants, and more. In addition, meeting the criteria put forward by the NEC, IEC, and other regional electrical standards is forcing some manufacturers to modify their cable designs to include better insulation and fireproofing.
The development of smart buildings and pointers in toward intelligent infrastructure are offers new use cases for armored cables. Accompanied by their increasing application in the IoT, energy efficient, and monitor systems for building, these cables are also required for data and power transmission. IoT devices, energy efficient systems, and building management systems request these devices for their increase application. Minimizing interference while operating in data critical applications is what the robust construction of these devices offers. The demand for interlocked armored cables is constantly on the rise, following the trend of rapid urbanization and industrialization in developing countries, more so in the Asia , Latin America, and the Middle East.
The multi-core segment is expected to reach USD 42.7 billion by 2034. Multi-core cables are gaining even more popularity because they allow the transmission of multiple electrical circuits within a single cable sheath. They are ideal for environments with high wiring complexity like data centers, industrial automation, and smart infrastructure due to their space efficiency and cost effectiveness. Their design qualities which increase durability make them ideal for harsh conditions such as oil and gas mining, mining, and regenerative energy systems.
The interlocked armored cable market from oil and gas segment is expected to grow at a CAGR of above 7.2 % till 2034, due to the increasing demand for durable and dependable electrical solutions in perilous conditions. Interlocked armored cables are heavily utilized in oil & gas industries because of their resistance to mechanical abuse, corrosion, and environmental factors ensuring relentless functioning of offshore platforms, refineries, and drilling units. The expansion of exploration and production activities combined with growth in downstream sectors is also increasing the demand.
The U.S. interlocked armored cable market size is expected to surpass USD 7.8 billion by 2034, attributing to the increase in the demand for sturdy and efficient electrical equipment in the primary industries. Such infrastructure development like the addition of data centers, smart grids, and renewable energy installations is vital. These wires have broad jurisdictions. Their unrivalled strength and resistance to high temperatures and mechanical adversities qualify them as essential elements in the oil and gas, chemicals, and even mining industries.
China, India, and Southeast Asian countries are pouring resources into urbanization and infrastructure, including smart cities, transportation systems, and power grids. As these projects involve intricate electrical systems, reliability and durability are key requirements and interlocked armored cables are the best bet for these projects. The Asia Pacific region is rapidly increasing its capacity for renewable energy with solar farms and wind projects construction. These cables are of utmost importance for dependable and safe power transmission in both renewable and traditional energy settings, including oil and gas exploration and grid modernization.
The interlocked armored cable industry is primarily dominated by Prysmian Group and Belden Inc, as they capitalize on their business advantages and great know-how. These top firms offer a complete package of power and interlocked armored cables of low, medium, and high voltages and special cables for industrial automation, renewable energy, infrastructure, etc.
Major players operating in the interlocked armored cables industry are:
Market, By Core Type
Market, By End Use
The above information has been provided for the following countries across the region:
Key players in the industry include Anixter, AT&T, Atkore, Belden, Finolex, Furukawa Electric, Havells, Helukabel, KEI Industries, Leoni Cables, LS Cable & System, Nexans, NKT, Okonite, Omni Cables, Polycab, Prysmian, Riyadh Cables, RR Kabel, Southwire, and Sumitomo Electric.
The U.S. interlocked armored cable market is projected to exceed USD 7.8 billion by 2034, led by infrastructure expansion in data centers, smart grids, and renewable energy installations.
The global market for interlocked armored cable was reached USD 25.8 billion in 2024 and is projected to grow at a 7.4% CAGR from 2025 to 2034, driven by increasing demand across industrial, commercial, and residential sectors.
The multi-core segment is expected to surpass USD 42.7 billion by 2034, due to its versatility, efficiency, and ability to simplify installation processes in complex wiring projects.
The oil & gas segment is anticipated to grow at a CAGR of over 7.2% through 2034, fueled by the sector's need for durable and reliable electrical solutions in hazardous environments.