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Armored Cable Market Size, Share Global Analysis Report, 2018 – 2027

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Armored Cable Market By Material Type (Aluminum and Stainless Steel), By Armored Type (Interlocked and Continuously Corrugated Welded (CCW)), By Core Type (Multicore and Singlecore), and By End-User (Construction Industry, Manufacturing Industry, Mining Industry, Communication Industry, and Oil & Gas Industry): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027

Industry Insights

The report covers the forecast and analysis of the armored cable market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the armored cable market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the armored cable market on a global level.

Global Armored Cable Market Size

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In order to give the users of this report a comprehensive view of the armored cable market, we have included a competitive landscape and an analysis of Porter&rsquo's Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the armored cable market by segmenting the market based on material type, armored type, core type, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Large-scale up-gradation & construction of oil factories has led to escalating demand for cable management systems across the globe. In addition to this, the power & utility sector is the key end-user of cables coupled with its lucrative usage in the construction & aerospace sectors. Nonetheless, the product recall due to low electrical & fire safety standards as a result of poor quality of plastic insulated coating will impede the industry trends. However, the need for new networks in commercial as well as industrial vehicles will create lucrative growth avenues for the market over the forecast timeline. This will also help in offsetting the negative impacts of the hindrances on the market.

Based on the material type, the market is segregated into Aluminum and Stainless Steel. On the basis of the armored type, the industry is divided into Interlocked and Continuously Corrugated Welded (CCW). Based on the core type, the market for armored cable is classified into Multicore and single-core. In terms of end-user, the market is divided into the Construction Industry, Manufacturing Industry, Mining Industry, Communication Industry, and Oil & Gas Industry.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 29,806 Million

Projected Market Size in 2026

USD 45,736 Million

CAGR Growth Rate

4.9% CAGR

Base Year 2018

Forecast Years

2018-2027

Key Market Players

Atkore International Group Inc., Belden Inc., LS Cable & System Ltd. Nexans S.A., Prysmian S.p.A., Service Wire Company, Inc., Southwire Company, LLC, The Okonite Company, Inc., Omni Cable Corporation, and Anixter International Inc.

Key Segment

By Material Type, By Armored Type, By Core Type, By End-Use, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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logoThe key participants included in this market are

  • Atkore International Group Inc.
  • Belden Inc.
  • LS Cable & System Ltd. Nexans S.A.
  • Prysmian S.p.A.
  • Service Wire Company Inc.
  • Southwire Company LLC
  • The Okonite Company Inc.
  • Omni Cable Corporation
  • Anixter International Inc.

Industry Major Market Players

  • Atkore International Group Inc.
  •  Belden Inc.
  •  LS Cable & System Ltd. Nexans S.A.
  •  Prysmian S.p.A

Frequently Asked Questions

Armored cable is an optical cable covered with either rubber or plastic in order to offer protection to the cable from mechanical damage. Moreover, the cable is armored to provide it with an extra layer of protection so that it cannot be cut or scratched. Additionally, armored cable consists of an armor layer of coax cable ribbed like corrugated metal facilitating flexibility and preventing the moisture from entering the cable as well as causing damage to it.
Strict enforcement of laws by government authorities mandating Armored Cable Market.
According to the report, the global armored cable market was valued at approximately USD 29,806 million in 2018 and is expected to reach a value of around USD 45,736 million by 2027.
The CAGR value of Armored Cable market is expected to be around 4.9% during 2018-2027.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Armored Cable Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Armored Cable Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Armored Cable Market in North America over coming decade.
The global Armored Cable market is led by players like Atkore International Group Inc., Belden Inc., LS Cable & System Ltd. Nexans S.A., Prysmian S.p.A., Service Wire Company, Inc., Southwire Company, LLC, The Okonite Company, Inc., Omni Cable Corporation, and Anixter International Inc., and others.